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Most of the time, the mindset of a foreign entrepreneur is preoccupied with perfecting the art of being successful, attending conferences, reading books, finding all sorts of inspirational quotes that drive up their ego to be self-employed. They are easily swayed by the "become your own boss" tagline which only scratch the surface of how hard it is to build a business abroad. They are easily fascinated by the success stories of building a social media company from a dorm room or building one of the world's most valuable company from a garage, but they forget to ask, where are the stories of their sleepless nights? Their journeys. How did they manage to be a father and an entrepreneur? Moreover, how did they find the perfect work-life balance? Did they deal with debts? Manage investor tantrums and build partnerships? Backed by research, Davies takes on the very fabrics of "Get Rich Quick Syndrome", "Get Rich or Die Trying", and "Dorm to Dollars" stories that have flushed the internet, the book provides in-depth analysis of what you need to be aware of to become a successful entrepreneur. The book captures the reality of the struggles of a foreign entrepreneur and highlights the 9 dependencies that can make or break the entrepreneur. The stories included in the book encompasses the real-life situations that Davies encountered while transitioning to Europe and his escapades from being a nobody to owning businesses. Foreignpreneur is a model for change of the basic mindset of an entrepreneur, that success should not be the de-facto thought when starting a business in a new society. Davies defines "Foreignpreneur." As an individual who owns or aspires to own a business in a new society where the culture, the people, the language and environment is different from what that individual is accustomed to. With over 10 years of experience as an entrepreneur and employee; the author argues that: "In business and to succeed in life, you will need to make hard decisions and painstakingly back those decisions. Becoming a business founder or an executive is hard, and building one as a foreigner is even harder." This book is ideal as self-help for --- startup founders, entrepreneurs, both those living abroad and in their local country, anyone who intends to think like a foreign entrepreneur or someone who wants to start a business or motivate themselves from the stories of others. * Reviews "Vibrant, educative, and motivating read! Every phase of the generic path of a foreign entrepreneur is captured; from first steps to hits and misses, as well as scaling up success!" -- Obinna Nwachukwu (Automotive Engineer at Bosch Magyarország & TEDx Speaker) "Foreignpreneur® gives you insight into the real-life of an entrepreneur and provides you the opportunity to learn from personal stories. It will prevent you from falling into the trap of the typical entrepreneur stories all over the internet, which doesn't show you the fundamentals of building a business, but rather, how cool it is to live a luxury life as a CEO. This book is a must-read before you hit roadblocks, which can be eliminated if you were aware of the information that's given to you in this book!" -- Samir Huseynzade (Application Developer) Why should you get this book? You may have thought about how to start a business at home or abroad? Perhaps, how to start a small business or a blog or how to start a conversation with a potential partner? However, you plan on moving to a new society in a couple of weeks? Which means targeting a new audience, or operating your business online from a different country? Without building a proper business strategy, knowledge of business economics, startup fundraising, international law, international relations, trade law, and advanced models and methodology like the lean startup analysis to transform your idea to profitability and become an international player in the market. You may fail!
Being an entrepreneur is a choice and sometimes it is a choice you make many times along the way. This book presents a virtual network that will inspire, encourage, motivate and support you throughout your entrepreneurship journey, as well as worksheets and reflection activities which will help you focus and strategize.
Importing, exporting, buying or selling parts and services‚ businesses of all kinds, including start-ups and small businesses, are becoming more active outside their home countries—often by necessity. If you want to take your business global, you must do your homework, get advice, make connections, and be aware—and wary—of the risks you face. Every element in your original business plan will need to be reconsidered as you target international markets. International Business Basics, the sixth title in the best-selling Crash Course for Entrepreneurs series, gives you the vital information and insights you need to: Learn about cultural issues Successfully enter new markets Ensure you get paid and are protected Make the most of support from trade and governmental agencies Secure funding Deal with real estate and logistics Capitalize on immigration trends Manage at a distance Open your mind to being flexible, creative, and resourceful in the face of sometimes puzzling and ever-changing challenges Learn from the successes and mistakes of these serial entrepreneurs who have real-world experience in many diverse countries and business sectors. International Business Basics will reduce your learning curve and help you succeed, even in your first stages!
Combining robust narrative with a wide variety of interesting cases, International Entrepreneurship: Starting, Developing, and Managing a Global Venture shows how entrepreneurs can conduct business activities across national boundaries and succeed in today’s hypercompetitive world. Robert Hisrich shows how entrepreneurs can develop the skills to identify opportunities and then manage these opportunities on a global basis. The Second Edition provides increased attention to culture, and reflects recent changes in our increasingly globalized world.
As the world economy becomes more interdependent, and asmarkets open their doors to free enterprise, more andmore businesses are becoming aware of the potentialgrowth opportunities on offer. Small-to-mid sizedbusiness owners and managers charged with expandingglobal business will find in this comprehensive how-toreference all they need to learn how to grow their salesby doing business internationally. This book devotesentire chapters to such issues as 'when is a companyready to go global?', how to select foreign markets,choosing between direct and indirect market entry,finding partners and logistic considerations. The bookcovers legal and tax concerns, describes how to measureprogress, and finally explains why some companies gobeyond exporting to foreign direct investing. Alsoincluded is a chapter on 'the dream international tradetool': the Internet, which details how to use theInternet to expand international trade and describes itspotential downsides.
The advancement and progression of migrant businesses has increased significantly in the globalized modern society. As such, current research has emerged regarding the characteristics of transnational economic activities. Diasporas and Transnational Entrepreneurship in Global Contexts is an essential reference publication for the latest material on the nature, process, and outcome of migrant entrepreneurs’ economic activities expanding from their countries of origin to their countries of residence. Featuring coverage on a broad range of topics, such as regional growth, industrial development, and employment generation, this book is ideally designed for researchers, advanced-level students, practitioners, managers, and policy-makers seeking current research on how economic development can be encouraged and nurtured among ethnic entrepreneurs and businesses.
The experts at Entrepreneur provide a two-part guide to success. First, learn the nuts and bolts of starting an import/export business, including everything from trade laws to choosing a reliable customs broker. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry and business-specific startup steps with worksheets, calculators, checklists and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Entrepreneur's Startup Resource Kit (downloadable) More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: The Small Business Legal Toolkit When your business dreams go from idea to reality, you’re suddenly faced with laws and regulations governing nearly every move you make. Learn how to stay in compliance and protect your business from legal action. In this essential toolkit, you’ll get answers to the “how do I get started?” questions every business owner faces along with a thorough understanding of the legal and tax requirements of your business. Sample Business Letters 1000+ customizable business letters covering each type of written business communication you’re likely to encounter as you communicate with customers, suppliers, employees, and others. Plus a complete guide to business communication that covers every question you may have about developing your own business communication style. Sample Sales Letters The experts at Entrepreneur have compiled more than 1000 of the most effective sales letters covering introductions, prospecting, setting up appointments, cover letters, proposal letters, the all-important follow-up letter and letters covering all aspects of sales operations to help you make the sale, generate new customers and huge profits.
Despite the accelerating pace of globalization, it is impossible to ignore the marginalization of the developing world, as billions of people continue to slip deeper into poverty. While many theories, policies, and practices have been proposed to help redress the disparities between the "haves" and the "have-nots," only recently have proponents of sustainable economic development and entrepreneurship discovered each other. In this provocative and timely book, A. Coskun Samli fills the gap by making the connections explicit and arguing that entrepreneurship may be the only hope for countries that have fallen into the trap of relying on foreign aid and bowing to the pressures of multinational conglomerates driven by short-term profit-maximizing goals. Samli builds the case that some cultures are more entrepreneurial than others, and demonstrates the importance of creating the right conditions, infrastructure, policies, and educational systems that inspire and support new business creation.
The domain of international entrepreneurship has continued to gain momentum in an era that sees entrepreneurship and globalization as critical issues in the world of business. Given the flourish of new research in this area, there is a need to provide an up-to-date perspective on the field and its future. This volume draws together a team of experts purposely selected from both the entrepreneurship and international business fields to present a comprehensive resource on the cutting-edge conversations within international entrepreneurship. This prestigious reference book will offer students and researchers an introduction to leading scholarship in international entrepreneurship and also serve as a catapult for future research.
This volume provides important benchmarks for the integration of entrepreneurship and international business. It extends scholarship beyond the firm as single unit of analysis, instead including the role of the founder/entrepreneur. Exploration of this domain discusses possibilities for theory revision or development as well as providing information about an under-researched segment of companies.