Remove Cost Remove Partner Remove Product Name Remove Sales
article thumbnail

Many Startups Stumble on International Cultures

Startup Professionals Musings

I informed him that we needed to translate the software into Finnish at a cost of $50,000. Thus, we did not translate the product and sales remained at an insignificant level. Thus, we did not translate the product and sales remained at an insignificant level. Watch your product naming.

article thumbnail

International Cultures are Key Business Challenges

Startup Professionals Musings

I informed him that we needed to translate the software into Finish at a cost of $50,000. Thus, we did not translate the product and sales remained at an insignificant level. I counseled the department manager against hiring since she would be subject to personal challenges in selling to our partners in Latin countries.

Brazil 121
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Ultimate Inventor’s Guide to Inventing Things

Up and Running

Boris Wertz, founding partner of Version One Ventures, believes that if you’ve worked in an industry you’re passionate about for a long time, you may know something about the market that nobody else knows. billion in total industry sales. Of course, you could also calculate your price based on the cost of materials and manufacture.

article thumbnail

10 Ways to Build Your Email List – the Right Way

Duct Tape Marketing

Set-up email-gated coupons through your website to generate qualified leads (and get immediate sales too.) By giving away coupons related directly to your products, you’ll only attract prospects who are interested in your particular wares. Give away a free trial for a limited time period – all for the mere cost of an email.

Email 73
article thumbnail

7 Reasons To Think Globally While Still New And Local

Startup Professionals Musings

What all this doesn’t mean is that you should roll out your product in every country at the same time. But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Balance your business between geographies.

Global 266
article thumbnail

Q&A Wednesday :: ThankThank

Austin Startup

“[First Name], Thank you for purchasing Acme Brick’s [Product Name]…&# ) and the recipients’ contact information. Minimum viable product launched. By week 3 of us promoting the site, our revenues exceeded our costs. Here’s how ThankThank Notes covered its costs so quickly.

API 76
article thumbnail

7 Strategies To Prepare For Global Market Challenges

Startup Professionals Musings

What all this doesn’t mean is that you should roll out your product in every country at the same time. But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Balance your business between geographies.

Global 235