International Entrepreneurs Defined

Posted by Daniel Workman Oct 6, 2008

In many ways, an international entrepreneur is a global project manager who uses resources from around the world to produce the highest quality products at the lowest possible prices.

International entrepreneurs are risk takers. They need to closely analyze political, economic and legal risks in the many countries they do business in. Often entrepreneurs avoid violence-plaqued countries in Africa, nations with high unemployment rates or those with an overly protective or undeveloped domestic legal systems.

To be successful risk takers, entrepreneurs must analyze the local markets, rules and regulations, competition, cultural issues, demographics and other pertinent marketing factors.

In a nutshell, international entrepreneurs:

• Find supply and demand gaps
• Create markets
• Create jobs
• Pay taxes
• Attract foreign investment.

Who better than international entrepreneurs to lead the United States of America to a healthier, more robust place in the world economy?