5 days ago2 min read
Most Market Entries Fail Before the First Shipment
The decision to enter a market is usually made on the wrong evidence. Market size, growth rate, a competitor's presence. All real, none decisive. I have entered and built more than 24 market areas across the Middle East, Europe and North America, and the failures I have watched, including a few of my own early ones, were almost all decided before the first shipment left the warehouse. Three questions have done more for me than any market report. First: who owns the customer r
