The ZIPster • 35 implied HN points • 31 Jan 25
- Cultural differences matter when expanding a business internationally. It's important to understand local behaviors and attitudes before entering a new market.
- Team dynamics can change during business growth and can affect decision-making. Trust issues among shareholders can lead to conflict and hinder progress.
- Research and planning are crucial before launching in a new location. Relying on assumptions without adequate market knowledge can result in costly mistakes.