How startups can scale up on an international stage
Startups can now compete with big businesses and make it internationally. The internet paved the way for businesses to access the global market.
- The rise of startups has benefitted from market connectivity in two ways: the reduced capital needed to get an idea off the ground, and affordable suppliers who can now sell their services to anyone.
- Added to these opportunities is the fact that startups with global ambitions spend the time needed to ensure they can meet product demand instantly-there's no time for teething issues.
- Investing the money of investors, and selling products at the same time means that startups are earning at the rate needed to go global.
- Nowadays, every citizen across the globe is a potential customer, and businesses are vying for the attention of a limited market.
- Startups have access to the global market where anyone can be a customer.