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Determination, perseverance are of no relevance if you don't have a product market fit. Timing is a different issue that I have written about. Have you ever come across the disposable barbecues that are sold in supermarkets? My late father was trying to launce one in the 70s but it was too early because the product market fit had not yet developed.
Glad you agree with me, Sushmita.
That's true Jeannette, but being first will not benefit you if you don't have a product/market fit.
Ramona you are most likely referring to an entrepreneurial mind which is different from carrying out entrepreneurial activity. It means we have the drive and perseverance it takes to move forward, improve and eventually succeed.
Exactly, Lenie. And, not to forget, making sure the company is financially stable and so forth. If in the West you neglect to pay your taxes you will swiftly be in deep trouble. Unless of course you are so big you are legally allowed to juggle your profits around the world.
There's a limit to what you can convince people to do with marketing especially if you are a new company. How do you for instance sell pork in the Middle East?:-)
Glad you agree, Sabrina.
It probably makes a small difference. But in order to understand a culture completely different from your own you have to live, work/study and integrate there. If not, it's impossible to think they way they do and approach a problem from a different mindset.
Trump and Brexit will minimum halt the global market. But that does not change the fact that if you understand different cultures you are able to think in ways that would not otherwise have occured to you. Believe me, William, if you had experienced how it enhances your mind you would agree.