International Growth Strategies

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With the current economic turmoil, there is a great need for startups, especially in Europe, to learn how to expand their global reach so they can diversify their markets and their risk. We'll cover the international strategy through these bases: media strategy, local investor strategy and key influcenrs. I will show students how to locate them, how to interact and influence the 'influencers'. The goal of the workshop is for startups to start thinking about going international from day one and that they start building their strategy towards world dominiation with an inexpensive budget.

Transcript of International Growth Strategies

International

Alex Barrera (@abarrera)

Growth Strategies

Berlin, November 2012

http://www.slideshare.net/press42 @abarrera #goGlobal

http://www.slideshare.net/press42 @abarrera #goGlobal

Pool Mansion

2007

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2012

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Local isn’t enough

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ShowMeThe

Money

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Changeour

mentality

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Local market = comfort zone

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VERY

Expensive

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Start local

Then global

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Back to reality

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Language

Barriers

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Content

VS

Interface

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“No one is a prophet in their own land”

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The grass is always greener on the other side

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LONG sales cycles

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Try it in Southern EU...

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Keep waiting...

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hold it... no, keep waiting...

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Faster

More money&

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Size matters?

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Going DOWN

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Going DOWN

No Gov

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Going DOWN

No Gov

GDP -1.1%

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Going DOWN

No Gov

Neutral

GDP -1.1%

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Going DOWN

No Gov

Neutral Music?

GDP -1.1%

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Going DOWN

No Gov

Neutral Music?

Poor neighbors

GDP -1.1%

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Going DOWN

No Gov

Neutral Music?

Poor neighbors

VodkaGDP -1.1%

http://www.slideshare.net/press42 @abarrera #goGlobal

Once local, always local

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Oh my! Scary countries!

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Going global

Strategy(GGS)

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Mentality shift

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EnglishFIRST

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My province

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My province

My country

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Step 1: Grow your international network

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Engage

with

visitors

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Loca

te y

our h

ub

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Engage with international orgs

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Engage with people that live in planes

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#wheelsUp #touchdown

Engage with global connectors

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Step 2: Where next?

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Who is your customer?

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Socio-Economical analysis

Tech analysis

How about homework?

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Narrow your scope

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Limited resources

WE ARE STARTUPS

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3X

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Step 3: Learn the culture

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Culture MATTERS

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Culture is EVERYTHING

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NO, you just think you know

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http://www.slideshare.net/press42 @abarrera #goGlobal

Meet the locals...

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Step 4: Deploy the strategy

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Strategy IS

information

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Become known in the ecosystem

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Eventbrite, FB, Twitter, Digest, Plancast, Upcoming

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Find the orgs

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Efficient networking

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NYC VCTNW

Venture Village

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Ping them WAY before

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Be a speaker

Startup competition

Help the locals

Engage with the

community

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Give before you take

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Don’t WASTE time

FOCUS

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Find key players

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Build relationships

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ROI?

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Define the tactic & execute

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Who?

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Where?

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What?

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Sandwich technique

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Rinse & repeat

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Step 4: Scaling out

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Define hard trend strategy

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Use the force

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Cross sell across global orgs

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Be READY

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Keep FOCUSED

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Kayak / Hipmunk / Fly scanner

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Free lunch

speakers, customers, mentoring

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http://www.slideshare.net/press42 @abarrera #goGlobal

Redbull

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Fly on the wings of love...

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Coffee is expensive!

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Conclusion

Keep it simple, one at a timeGrow your international footprintDo your homework: Culture mattersEngage with the localsPartner with localsDeploy tactic and measureKeep the focus on the global strategy

http://www.slideshare.net/press42 @abarrera #goGlobal

THANKS!

Alex Barrera (@abarrera)alex@press42.com