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Should I think in my Country or Foreign ?

Discussion in 'Making Money' started by ScaleUP, May 31, 2016.

  1. ScaleUP

    ScaleUP Jr. VIP Jr. VIP

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    Hi all,

    I am from Greece,

    When I think about a business idea website, Should I think in my Country or Foreign ?

    I can always start local and then expand but is it better if I just start worldwide from the beginning ?

    I think about local because I know the local economy (Greek economy ? lol) and people's needs.

    Thanks u all
     
  2. ChrisX

    ChrisX Jr. VIP Jr. VIP

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    Depends on whether you're importing physical products, selling services etc.
    Are people spending money on it right now? Any large competitors dominating the market? What's the potential revenue if everything works out perfectly?
    Just some of the things to consider...
     
  3. Shadexpwn

    Shadexpwn Elite Member

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    It's much easier to adjust internationally rather than in standalone countries.

    Overall Greece has very few offers so aim at assimilating globally to stay competitive.
     
  4. ScaleUP

    ScaleUP Jr. VIP Jr. VIP

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    I will go internationally for sure. Greece is smelling dead corpse. Do u know any service to help me set up business bank accounts and an ltd on some low tax country ?
     
  5. Dilettante

    Dilettante Power Member

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    Hello,

    personally, I would say local, because of the language: you speak better your mother tongue.

    But you are Greek, and without being desagreable, Greece is in a fucking deep shit.

    So, in your case, I would go internationally.

    For a business bank account, .. Payoneer? I don't know if you can say it's a business bank account, but you can be paid (and you can pay) worlwide. And you get a mastercard you can use evrywhere.
     
  6. tziahs

    tziahs Jr. VIP Jr. VIP

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    Well, if it's a business catered for the greek consumer or market, it's definitely a good idea to go locally.
    HOWEVER, if you want to create a diversified business/website, start globally.
    It all depends on what you want, be more specific with your question.
     
  7. ScaleUP

    ScaleUP Jr. VIP Jr. VIP

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    I am thinking something like thegadgetflow(dot)com I like the design and everything but still thinking about the product. My second option is turism industry where i can sell worldwide and incloud local. I mean to sell greek turism vacations to other countries. like luxuryretretd(dot)com.
     
  8. Dilettante

    Dilettante Power Member

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    I don't want to sound offensive, but Greece has a very bad reputation in the media in Europe: the economic crash, with the riots, with the neo-nazis, with the migrants, ...

    (I don't say that it's the truth, I just say that it's what people could read/watch in the news)

    Just an idea, like that: try to shock/surprise every one with a site sort of "Greece is beautiful/still alive" where you can promote beautiful places from your country (and there are). You show positive things about your country.
     
  9. ScaleUP

    ScaleUP Jr. VIP Jr. VIP

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    That's what I am thinking about !! Tourism in Greece breaks records year by year but most of people come with groups. I want to focus on luxury vacations and rent helicopters boats and villas.

    Well just fore u to know, yes the country's economy is bad but you are totally safe if you want to visit Greece. Nothing like Brazil or Venezuela.