Expert Tips: Emerging markets - what goes wrong most often

[sverma84]

ohhhh research so important!

[businessadvice]

[Comment from Facebook id: 635374767]

[businessexpertsalli]

Research can be the difference between a successful business and a business that has failed.

[BusinessExpertLouise]

Absolutely...if you want a business to succeed, it pays to do your homework and eliminate some of the risks.

[businesstvdavid]

Can see how important the research must be, some businesses must make some big mistakes, without it.

[BusinessExpertLouise]

Research is very important in anything that involves your time and money!

[businesstvkelsi]

It's definetely essential to research and look below the surface.

[businessexpertsdan]

I used to see people doing this alot in Hanoi - getting so excited about the possibility of doing business in market x, that they'll agreee to almost anything. Then a few short weeks later, find themselves in a situation that they can't get out of. Like Stephen Pilips says: it's still business, so make sensible business decisions.

[badhorsy2003]

The other rule is if it sounds too good to be true, it probably is. Used to meet these dodgy investment brokers all the time, promising big returns if we'd just pool $20k... and give it to him in a bag. No security, but don't worry - in a week we'll have 150k! Couldn't believe my friends actually considered it.

[businesstvAndie]

Once again, research and the desire to learn more about a new place always pays off, instead of simply jumping to conclusions. I reckon if people did that diligently then those common mistakes, that this show talks about could be avoided.

[jittyslitter]

one must do ones homework :)

[businesstvAndie]

Yep just like we did in school.

[jittyslitter]

we never had business in school - its was the 80s... we did social studies and chemistry lol

[businesstvmark]

"Anticipating issues early" - surely also advice for ANY business?