Startup Professionals Musings

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Many Startups Stumble on International Cultures

Startup Professionals Musings

Watch your product naming. Product naming is always a major effort and mistakes can result in costly failures. Pundits in Latino countries quickly picked up on the name, ‘no va’ means ‘does not go’ in Spanish. Proceed with caution. You may recall the Chevy Nova, a compact car from GM.

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Entrepreneurs Need Market Data to Back Their Vision

Startup Professionals Musings

Search on any product name for census data, online research reports, trade association publications, and online newspapers with relevant statistics. Let me offer a few suggestions which should allow you to do the work yourself: Use Internet search engines. The Internet today is like the Library of Congress at your fingertips.

Marketing 243
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Get Credible Market Research Without a Consultant

Startup Professionals Musings

Search on any product name for census data, online research reports, trade association publications, and online newspapers with relevant statistics. Let me offer a few suggestions which should allow you to do the work yourself: Use Internet search engines. The Internet today is like the Library of Congress at your fingertips.

Marketing 221
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International Cultures are Key Business Challenges

Startup Professionals Musings

Watch your product naming. Product naming is always a major effort and mistakes can result in costly failures. Pundits in Latino countries quickly picked up on the name, ‘no va’ means ‘does not go’ in Spanish. After some painful negotiations we settled the case out of court for a twelve-months severance payment.

Brazil 121
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10 Startup Shortcuts That Will Be Back To Haunt You

Startup Professionals Musings

It also forces you to pick a name for your company and put other intellectual property stakes in the ground. Company and product naming may also seem simple, but should be a key early effort, because mistakes can be very costly. It’s not that hard to change later to a C-Corp. You may recall the Chevy Nova, a compact car from GM.

Startup 265
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10 Avoidable Mistakes Cause Entrepreneurs Much Pain

Startup Professionals Musings

It also forces you to pick a name for your company and put other intellectual property stakes in the ground. Company and product naming may also seem simple, but should be a key early effort, because mistakes can be very costly. It’s not that hard to change later to a C-Corp. You may recall the Chevy Nova, a compact car from GM.

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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.

Global 266