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As we end 2012, Gust is the official, exclusive platform of virtually every national federation of business angels in the world including the United States, Canada, Australia, New Zealand, Ireland, Scotland, France, Portugal, Spain, Russia, Belarus, Kazakhstan, India, even China, all in their native languages.
If I told you that you could travel back in time, to the end of the nineteenth century, and invest in a country that was recently war-torn, and in great transition, would you do it?
Kazakhstan became the top reformer in 2010, leaping 15 places to 59th after making it quicker and cheaper to start a firm, and simplifying construction permits. However, it still takes 81 days to export from Kazakhstan compared to 5 in Estonia. India could be 55 places higher if it had consistency of service across its states.
Additionally, they prioritized investing in immigrant founders, drawing from their own experience as immigrants from Kazakhstan. Karsybaev and Nurgozhin have established a presence not only in the United States but also in Kazakhstan and Singapore. They wrote small checks, mainly for enterprise SaaS companies, to build their portfolio.
You do in small business, in startups, you survive on focus, and my shortcut to strategy that I like is think about identify, market and business offering. Market for me is who is your key target market? That’s the market is who we’re after. What’s marketing? What is your key focus?
CRAIG: Well, export advisory is a large part of my background and in our last four-year contract we supported Queensland businesses to export more than $20 million in export sales to overseas markets. YARO: It''s both sides of the fence, isn''t it?
And the so-called BRIC countries are forecasting tepid growth (we could rename them "ICK" if we added in Borat's home of Kazakhstan and dropped Brazil and Russia.). When I first learned how to value options in the stock market, a light bulb went off. Europe is still a mess and in a deep recession. Japan is in a decades-long tailspin.
Not everybody can, especially if they need to run with the idea to get to market. Pitching to investors before building is a waste of time especially if they do not understand the timing to enter the market. By now it is useless except bragging rights as traction and market disruption have been lost.
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