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Cultural Issues, International Trade

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Uploaded by on Dec 11, 2008

Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 14 International Trade

Question:
"What is the worst mistake that could be made by someone starting in international trade?"

Ming Friedman
Linen Pro Designs, Inc.
www.linenpro.com

Topics covered in this video:
International trade, culture differences, language barrier, resources

Transcript:
I think the worst mistake that people could make is to think they can go directly to the factories and overcome the language barrier and the culture difference. They could receive something which is different from what they think they purchased. And I think also not getting enough information is a mistake. Do your homework by going to classes and seminars. Talk to people who are already in the business. There is plenty of help out there and I believe that people like to see other people succeed.

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