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35 Tips on How Not to Offend Your International Business Partners (Infographic)

35 Tips on How Not to Offend Your International Business Partners (Infographic) | Pitch it! | Scoop.it
From how you eat to how you dress, a look at how your behavior could be interpreted by your customers, colleagues and clients in different countries.

The popular catchphrase, “beauty is in the eye of the beholder,” is also true of offensive behavior.

In France, it is common for a man to greet a lady with a quick kiss on the cheek, even in a business setting. In China and India, that sort of familiar contact with business associates is frowned upon. And in Germany, if a business associate nods upon shaking your hand, then it is considered good form to return the nod.  

San Francisco-based customer service software company Zendesk generated the infographic below, with 35 tips for how to behave in international business settings to avoid an embarrassing faux pas that could put your business relationships on ice.


Via Official AndreasCY
Marc Kneepkens's insight:

Doing business Internationally is immensely more complicated than this, but the infographic gives an idea of how different cultures tend to be. Looking into it before you head out is highly recommended.

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Official AndreasCY's curator insight, June 13, 12:10 AM

Converting customers to loyal followers will amplify returns.

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Startups, Entrepreneurs, be better informed before you 'Pitch it'!
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How to Ruin Your Company with One Bad Process

How to Ruin Your Company with One Bad Process | Pitch it! | Scoop.it
Marc Kneepkens's insight:
Here's The Number One Mistake That Kills Startups, According To Ben Horowitz

"I am a giant advocate for technical founders running their own companies, but one consistent way that technical founders deeply harm their businesses is by screwing up the budgeting process. Yes, the budgeting process. How ridiculous is that? How does it happen and why is it particularly problematic for engineers?

I'll begin by describing how I screwed it up in my company. Our sales were growing so fast that the biggest problem that we faced was that we literally could not handle all the customers that wanted to sign up for Loudcloud. To combat this and enable us to grow, I worked diligently with my team to plan all the activities that we needed to accomplish to expand our capacity and capture the market before the competition. Next, I assigned sub-goals and activities to each functional head. In conjunction with my leadership team, I made sure that each goal was measurable and supported by paired metrics as well as lagging and leading indicators. I then told the team to figure out what it would take to accomplish those goals and return with their requirements for headcount and program dollars. Finally, I made adjustments to their requests based on industry benchmarks (mostly reductions) to get to a plan that I thought made sense.

Here’s the basic process:"

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How to start a startup?

How to start a startup? | Pitch it! | Scoop.it

"Success has a simple formula: do your best, and people may like it." (Sam Ewing) 

Why startup?

Not every new business is a startup. A newly opened café isn’t a startup, at least we don’t call it that way. Startups are usually dynamically developing companies all over the world with a high growth potential. Many think that mostly internet-related or technological developments fill this category, though there are innovative businesses working in the field of education, biotechnology, robotics, fashion, environmental management, energetics, renewable energy, green technologies, and manufacturing and packaging technologies too.

According to the basic definition, it’s a quickly developing business, based on a
good idea, usually younger than two years, in which the main value is represented by the innovative approach, the big idea or the technological innovation.

The innovation strategy planned until 2020 is separately dealing with the startups and the startup ecosystem growing from them, since the quickly growing starting businesses will be a significant part of the future’s economy.

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Via Tamás Turcsán
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What makes you a start up? This brief article provides a good definition.

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4 Things Remarkable Startups Have In Common

4 Things Remarkable Startups Have In Common | Pitch it! | Scoop.it

Why do some startups succeed and others don't? Here's a hint: It doesn't have to do with if an idea is good or bad. Indeed, the successful entrepreneurs are able to run with amazing concepts and pivot otherw when needing. There are a few more tried and true principles that can contribute to the success of your new company.

Among other things, these are four things remarkable startups have in common.

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Via Luis Costa
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Four good reasons.

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Take This Final Exam to See If You Are Ready to Launch Your Startup

Take This Final Exam to See If You Are Ready to Launch Your Startup | Pitch it! | Scoop.it

An entrepreneur devoted to a good idea is more likely to succeed than a hesitant entrepreneur with a great idea.

 

If you don’t feel comfortable enough to leave your “day job” to work on your own idea, you don’t really believe in it. To succeed, a new venture requires your full time effort. If you are unwilling, you don’t have enough faith in the concept or you don’t know enough about the concept to actually contribute to the success.


I teach entrepreneurship in the College of Engineering at Villanova University. We make the entrepreneurial learning experience as real life as possible but, at the end of each semester, the “real world” illusion ends with a final exam.   

Outside of the classroom, folks ask me for advice about product design and new venture creation, so I made up a “final exam” with an answer key to give my opinion on the readiness of your idea as a new venture. Don't bother to sharpen your pencils, though. At least from my viewpoint, all of the “correct” answers are TRUE. Read on to learn why.

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Via Justin Jones
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Nice article and test.

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Will your idea make money quickly? Can you go all-in? 5 considerations for potential bootstrappers

Will your idea make money quickly? Can you go all-in? 5 considerations for potential bootstrappers | Pitch it! | Scoop.it

The odds of raising venture capital for a startup are low, but there are a few requirements for bootstrapping success, according to this entrepreneur advice.

Dreams of starting your own business are often filled with fantasies of coming up with a great idea, and venture capital firms fighting to fund it for you.

But as Bill Reichert of Garage Technology Ventures puts it: “The odds of raising venture capital are equal to the odds of getting struck by lightning while standing on the bottom of a swimming pool on a sunny day.”

Nearly every company has a bit of bootstrap in its past. Gawker, TechCrunch, GoPro and Github all found success as entirely bootstrapped companies before accepting a dollar of outside funding. The decision to go long on bootstrapping and create a self-funding business doesn’t garner as many headlines as millions being sunk into a plucky startup, but the rewards can be both immediate and lasting.

Is bootstrapping right for you? Here are five questions to consider:

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Marc Kneepkens's insight:

Bootstrapping is part of the process of starting a business. Look at it this way: if your company is growing too fast at some point, consider outside funding. What does that mean? You have to be successful before any investor wants to put money in your idea.

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GoPro founder Nick Woodman: The fabulous life and career of a surfer-turned-billionaire

GoPro founder Nick Woodman: The fabulous life and career of a surfer-turned-billionaire | Pitch it! | Scoop.it

Nicholas Woodman, 38, is a self-made billionaire.

He created Woodman Labs, the maker of GoPro cameras, in 2002. Now the company has more than 500 employees and it generated US$986 million in 2013.

It started trading on public markets on Thursday. It’s currently valued at US$2.6 billion.

Woodman married his college sweetheart and has two children. He’s also an adrenaline junkie.

Here’s the fabulous life and career of Woodman, the surfer-dude-turned-billionaire.

To read the full article, click on the title or image.




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Via Justin Jones
Marc Kneepkens's insight:

Fabulous story. Want to be there too? Act, draw up your business plan and start your own company.

Growing too fast? Get some funding.

www.Business-Funding-Insider.com has a lot of ideas.

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7 Tips To Make a Kickass Elevator Pitch !

7 Tips To Make a Kickass Elevator Pitch ! | Pitch it! | Scoop.it

Everything Is Damn Simple, Until You Make It Complicated.
Sometimes it is a completely different feeling when you are sitting across the table as a mentor, judge or with a group of investors to judge some elevator pitches of hopeful startups.

It is however an ENTIRELY DIFFERENT ball game when you have to pitch it yourself (as a startup), seriously and if a startup has to ever get this right he or she has to think smart, learn from the people who have done it and keep it simple and easy.

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Marc Kneepkens's insight:

As one of the experts pointed out in the discussion "The pitch is not about cramming your whole business model into two lines. It's about giving just a peek to make the listener curious to ask more about it."

Excellent read, get ready for your pitch!

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Founders Should Focus On Two Things, and Only Two Things.

Founders Should Focus On Two Things, and Only Two Things. | Pitch it! | Scoop.it

Focus is everything. As John Lee Dumas puts it FOCUS is “Follow One Course Until Success”. It is easy to get caught up in Meetups, connecting with other entrepreneurs, reading books that are good but not necessarily helping you with your business TODAY and spending way too much time on the non-essential parts of your business such as branding, marketing, etc.

I think Paul Graham from Y Combinator hits the nail on the head “A startup founder should be writing code and talking to users. That’s it.” As entrepreneurs we tend to get a little ADD but it’s vital we remind ourselves that the ultimate path to success is through building strong learning environments around users and quickly developing a solid minimum viable product (MVP) to get validation sooner rather than later.

Take time to meditate on the current distribution of your time and realign your prioritizes as needed. Go get ‘em!


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Via Ivan Berlocher
Marc Kneepkens's insight:

Exactly, focus is everything. Whether you write code or create a new product or service, make it happen. And find out from your customers if this is what they really want.

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Aging In The Startup World

Aging In The Startup World | Pitch it! | Scoop.it
There’s a funny thing about age in business. It swings quickly between being your greatest asset and seemingly overnight, a major liability.

pment, There’s a funny thing about age in business. It swings quickly between being your greatest asset and seemingly overnight, a major liability. It’s a factor on all sides of the table. Despite the lesson that we learned in Kindergarten about “not judging a book by its cover,” we all do it. Age impacts fundraising, business develosales, hiring and more.

To read the full article, click on the title or image.



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Marc Kneepkens's insight:

Age is not important, however, as this article illustrates, you have to be aware of who you are presenting to.

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What Jim Carrey Explains In 1 Minute Will Change Your Life Forever. Seriously.

What Jim Carrey Explains In 1 Minute Will Change Your Life Forever. Seriously. | Pitch it! | Scoop.it
Just one minute. You'll be glad you saw this.

Jim Carrey is a funny man. But he’s deeply profound, too — a side he revealed to graduates at Maharishi University. While his entire speech is great, we fast-forwarded to the punch to the heart at 10:18. Just click play and be blown away.

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Via Sandra Brevett-Dib
Marc Kneepkens's insight:

Great clip. Don't forget to be clear and precise when you do this.

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4 Things Every Entrepreneur Should Know About Venture Capital

4 Things Every Entrepreneur Should Know About Venture Capital | Pitch it! | Scoop.it

Venture capital plays a pivotal role in the startup economy, providing vital funds to high-potential early-stage companies. Not surprisingly, it’s also a constant topic of conversation within the startup community — who’s receiving it, how much they’re getting, and how long it took them to capture the interest of VCs.

During my 19 years of experience as an entrepreneur, I have founded 3 venture-backed companies, and I know firsthand that navigating venture funding can be incredibly confusing. As the founder of Fundable, I talk to startups daily about their approach to investors. I’ve put together answers to some of the most frequently asked questions and topics of discussion amongst our community of founders. If you’re thinking about raising capital, here are a few things to keep in mind before you dive headfirst into the venture funding pool.

To read the full article, click on the title or image.



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Via Ivan Berlocher
Marc Kneepkens's insight:

Before thinking about Venture Capital, try to understand what it can do for you. This article explains a few important points.

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Elevator Pitch Contest: Success Tips from a Winning Entrepreneur

Elevator Pitch Contest: Success Tips from a Winning Entrepreneur | Pitch it! | Scoop.it

Black Enterprise 2014 Elevator Pitch Contest winner, Gwen Jimmere, with SVP Alfred Edmond Jr. (Image: File)
Crafting and executing the right sales pitch can be a nerve-racking experience.

It takes a special kind of courage and determination to get up there in front of a team of judges who potentially hold the fate of your business or startup in their hands and make the speech of your business career. Walking up there and winging it simply won’t cut it.

To read the full article, click on the title or image.



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Via Alldens Lane
Marc Kneepkens's insight:

Delivering your pitch is a defining moment. Prepare it. It's not always a contest though. It's a 'yes' or 'no'.

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How to Know When to Change Direction

How to Know When to Change Direction | Pitch it! | Scoop.it
There's something to be said for stick-with-it-ness, but most entrepreneurs stick with flawed ideas and plans way longer than they should.

This is Silicon Valley. Startups, founders and VCs are everywhere. You can’t walk down the street in Mountain View or Palo Alto without bumping into one or two successful entrepreneurs. And yet, they usually have one thing in common: this isn’t their first rodeo. In other words, their initial venture wasn’t the one that stuck.

Knowing when it’s time to quit and try something different is always tricky. The problem is, when you’re in the middle of it, there always seems to be one more thing to try. One more customer to call. One more investor to pitch. One more credit card to max out.

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Via Thomas Faltin
Marc Kneepkens's insight:

Focus needs to stay with whatever you're doing. Keeping an eye on that is important. Sometimes mentors or or anyone who is looking at what you do from a slight distance have a better view. Keep on touching base with everyone, yourself included.

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Here's The Number One Mistake That Kills Startups, According To Ben Horowitz

Here's The Number One Mistake That Kills Startups, According To Ben Horowitz | Pitch it! | Scoop.it
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What businesses should consider with equity crowdfunding

What businesses should consider with equity crowdfunding | Pitch it! | Scoop.it


Crowdfunding websites raised more than $5 billion in 2013. That said, there are some complications with crowdfunding that businesses should consider.

When it comes to getting funding for your latest business venture, crowdfunding may seem like a no-brainer. Crowdfunding websites raised more than $5 billion in 2013, and to get a piece of that wealth, all you have to do is set up an online profile and watch the dollars roll, right? Not so fast. While crowdfunding can be a viable way for entrepreneurs to raise capital, it’s more complicated than many people realize, and it might not be right for every business.

Equity crowdfunding could help some entrepreneurs, but it comes with rules and costs, and it won’t be appropriate for every business. A few things to keep in mind:
To read the full article, click on the title or image.


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Marc Kneepkens's curator insight, July 13, 4:46 AM

Equity crowdfunding is a whole different deal than 'rewards' or charity crowdfunding. The rules are tight and expensive. Take a look at this article, it summarizes the situation.

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3 Things You Can Change to Go From Startup to Grown Up

3 Things You Can Change to Go From Startup to Grown Up | Pitch it! | Scoop.it

There are few things in life as rewarding as creating a business out of nothing. If you have any love of enterprise, it is hard not to be enamored with the excitement around tech startups.

It would be nice to see a few more startups stick around, so here are my three suggestions for how you can significantly improve your chances of success. Not asking much!

To read the full article, click on the title or image.



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Marc Kneepkens's insight:

Great article. Stop defining yourself in a limiting way. Create value, make a great company. I would say: must-read for every 'start up'!

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9 Ways Virtual Reality Will Affect the Startup Scene

9 Ways Virtual Reality Will Affect the Startup Scene | Pitch it! | Scoop.it

t sounds like science fiction, but virtual reality technology is taking off. Not even the sky’s the limit for imagining what could be done with this technology. Just ask Google I/O 2014 attendees and their cardboard VR systems.With applications ranging across the board, the potential for startups to capitalize is huge. With this in mind, I asked 12 entrepreneurs from YEC the following question:Facebook recently acquired Oculus VR. Practically speaking, how do you think that virtual reality technology will affect the startup space in the next five years?Here are the responses:

To read the full article, click on the title or image.



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Marc Kneepkens's insight:

Sci-fi is becoming reality quickly. More and more amazing new stuff is being developed.

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Are we beginning to over-indulge, over-romanticise and over-glamorise failure? | ventureburn

Are we beginning to over-indulge, over-romanticise and over-glamorise failure? | ventureburn | Pitch it! | Scoop.it
This week, I read a very insightful piece in the Guardian about failure and the culture of failure that currently exists in Silicon Valley. In the startup
This week, I read a very insightful piece in the Guardian about failure and the culture of failure that currently exists in Silicon Valley. In the startup community, the concept of failure has both positive and negative connotations depending on what continent or country you are in.The Guardian’s piece talks about Silicon Valley’s need to not just invoke failure but celebrate it as well. The oft repeated phrase most entrepreneurs have begun to live by is: “Fail fast, fail often.”To read the full article, click on the title or image.Get your Free Business Plan Template here: http://bit.ly/1aKy7km
Marc Kneepkens's insight:
Failure is ok, for the right reasons. But making it into a culture creates a lot of questions.
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How Startups Can Make a Social Change

How Startups Can Make a Social Change | Pitch it! | Scoop.it
What can be done starts with the digital communities building the future. Startups can, and should be, a force for change.

In the Amazonian forests, wildlife presenter Charlie Hamilton Jones was looking to make a statement. He went and bought a patch of Amazonian wildlife, looking to protect it for generations.

Instead, he wound up buying a cocaine plantation. The most dangerous one in the area, owned by the “most dangerous family.”

When he went to confront the drug dealers, he was in for a surprise. Far from being gun-toting murderers, they were desperately powerless. Charlie had always demonized those who had spoiled his precious forests: now he saw that they were merely doing what they had to do to survive.

They implored him to “pay them so they wouldn’t do it.”


Digital startups that strive to control all facets of the value chain achieve material success. They are at the forefront of changing the way humans interact with one another, and changing the world around them.

To read the full article, click on the title or image.




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Via Thomas Faltin, ventureLAB
Marc Kneepkens's insight:

Excellent article. Change is inevitable. Change for the better is a choice.

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11 Tips for Calming Your Nerves Before a Big Presentation

11 Tips for Calming Your Nerves Before a Big Presentation | Pitch it! | Scoop.it

At age 15, Darlene Price had to give her very first speech.

She was presenting an oral book report on “Great Expectations” to Mrs. Weaver’s tenth grade English class. She was nervous and could feel her hands shaking, heart racing, knees knocking, and palms sweating. As she reached the front of the room and turned to face her 33 classmates, she froze.

Moments passed, snickers erupted, and Mrs. Weaver asked 15-year-old Price to begin her presentation.

As soon as she made eye contact with the audience, all of the nervous tics disappeared — not because a wave of calm came over her, but rather because she fainted

To read the full article, click on the title or image.




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Via Daniel Watson
Marc Kneepkens's insight:

Public speaking is challenging. Add to that the fact that your public may be a panel of investors. This article will help you prepare better.

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BrianBurnett's curator insight, June 25, 8:35 AM

Preview of some of those tips:

  • 7P's = Proper Preparation & Practice Prevents Piss Poor Performance. (some call it 6 without the ... you know which)
  • Know Your Venue
  • Visualize Success
  • Know Your Audience 
  • Claim the three “audience truths.” One: They believe you’re the expert, so don’t tell them otherwise. Two: They want you to succeed, so they’re on your side. Three: They won’t know when you make a mistake, so don’t announce it
  • Realize you don’t look as nervous as you feel
  • Memorize your opening
  • Get psyched up before you go "on" - See Amy Cuddy  http://on.ted.com/Cuddy 
Miklos Szilagyi's curator insight, June 25, 10:36 AM

It's always good to rehearse how to checklist the main elements for your really earned success on the podium...:-)))

Alain Theriault MBA's curator insight, June 25, 10:40 AM

"Pitching" is an art that can make or break your young startup. Those 11 tips are great ways to make sure the messenger will deliver the message the right way. Now...look out for tips on making your message a clear one ;-)

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The Optimal Seed Round Construction to Maximize Series A Success

The Optimal Seed Round Construction to Maximize Series A Success | Pitch it! | Scoop.it
Tom Tunguz is a venture capitalist at Redpoint and writes about startups, fund raising, SaaS companies, and best practices for founders.

Is it better to raise your startup's seed round from only angel investors, or is it better to include a VC or two? Several founders on the precipice of launching their seed fundraising processes have asked me this question.

It's a very difficult one to answer hypothetically because there are many different variables to balance. For example, VCs may invest larger sums than angel investors. The imprimatur of a VC's investment in a company might help convince potential customers and recruits. But some might argue their money brings potential signaling risk.

To read the full article, click on the title or image.



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Marc Kneepkens's insight:

The rigorous selection process at VC's is definitely a factor. I a startup gets selected for funding by them, obviously, they will have a lot of potential.

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The Rise of Innovation Districts: A New Geography of Innovation in America

The Rise of Innovation Districts: A New Geography of Innovation in America | Pitch it! | Scoop.it
Innovation districts are geographic areas where leading-edge companies, research institutions, start-ups, and business incubators are located in dense proximity. Bruce Katz and Julie Wagner explain how these districts facilitate new connections and ideas, accelerate the commercialization of those ideas, and support metropolitan economies by growing jobs in ways that leverage their distinct economic position.

To read the full article, click on the title or image.



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Via Tammie Nemecek
Marc Kneepkens's insight:

This is excellent! Information about the innovation hubs, how it works and where they are. Great article.

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35 Tips on How Not to Offend Your International Business Partners (Infographic)

35 Tips on How Not to Offend Your International Business Partners (Infographic) | Pitch it! | Scoop.it
From how you eat to how you dress, a look at how your behavior could be interpreted by your customers, colleagues and clients in different countries.

The popular catchphrase, “beauty is in the eye of the beholder,” is also true of offensive behavior.

In France, it is common for a man to greet a lady with a quick kiss on the cheek, even in a business setting. In China and India, that sort of familiar contact with business associates is frowned upon. And in Germany, if a business associate nods upon shaking your hand, then it is considered good form to return the nod.  

San Francisco-based customer service software company Zendesk generated the infographic below, with 35 tips for how to behave in international business settings to avoid an embarrassing faux pas that could put your business relationships on ice.


Via Official AndreasCY
Marc Kneepkens's insight:

Doing business Internationally is immensely more complicated than this, but the infographic gives an idea of how different cultures tend to be. Looking into it before you head out is highly recommended.

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Official AndreasCY's curator insight, June 13, 12:10 AM

Converting customers to loyal followers will amplify returns.

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Former SBA Chief on 3 Keys to a Better U.S. Entrepreneur Economy

Former SBA Chief on 3 Keys to a Better U.S. Entrepreneur Economy | Pitch it! | Scoop.it

The case for expanding investment in entrepreneurs and small businesses is clear: small businesses create two out of every three new private sector jobs and half the people who work in America own or work for a small business. Entrepreneurs are at the heart of America’s identity and the key to our economic strength. They have been instrumental in building the greatest economy in the world as well as the world’s strongest middle class. Coming up with a new, innovative idea and turning it into a business is the American way.

To read the full article, click on the title or image.



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Marc Kneepkens's insight:

The SBA is trying hard to get money to you for your startup. Interesting article. Consider getting funded by the SBA. If you need help with the paperwork, let me know.

Use the contact form on www.Business-Funding-Insider.com

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This map reveals exactly where Silicon Valley gets its talent

This map reveals exactly where Silicon Valley gets its talent | Pitch it! | Scoop.it

Where does Silicon Valley's talent come from? This incredibly detailed map tells all. The visualization, made by Bloomberg Businessweek, shows the top 100 sources of "imported talent," from both U..S. states and foreign countries.

According to Bloomberg, “Asian Americans became the majority of the tech workforce in the Valley” in 2010; and one third of Valley startups “are founded by Indian Americans.” In addition, Mexico, Texas, and Arizona rank among the top ten sources of Silicon Valley talent, Bloomberg claims.

Most importantly, this graphic makes crystal-clear why countless entrepreneurs and investors consider immigration reform a top priority. See the graphic in full right here




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Marc Kneepkens's insight:

Great information.

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