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This is because you do not know how to navigate properly in business in other countries. Have you ever done business in Tanzania or Senegal or Kazhakstan or Per
by joel_feather 17y ago
This is because you do not know how to navigate properly in business in other countries. Have you ever done business in Tanzania or Senegal or Kazhakstan or Peru? You'll have the same problems, sometimes a lot worse.
If you cannot navigate the business processes in china, then you are not cut out for it.
The basic issue is this - if you are starting a business in China, you start with a core team of chinese people whom you trust, who are efficient and who know the city. Then you hire properly - your administrative staff make or break your business in china.
If you march in with a white face and expectations, you'll get what's coming to you - nothing. In china, you need to do things the right way. And to do things the right way, you need to know what the right way is. And you don't.
- pchristensen 17y agoHave you ever done business in Tanzania or Senegal or Kazhakstan or Peru? Would you want to start a company in any of those places?
- joel_feather 17y agoYou get to travel, meet new people, learn new languages and make a lot of money. Why would I NOT want to start a business in those places.
- megaduck 17y agoIf I do base my business here, what's the upside? As a tech startup, I can make far more money in the developed world for a lot less hassle. Doing business from the Valley also doesn't require compromising my personal morality or professional ethics, and I won't be constantly looking over my shoulder just because I'm white. I know what the "right way" is. That's why I don't want to play.