Monetizing Ideas in a Challenging Economic Climate
There is a huge gap between developed and developing nations of the world in most aspects of life and business. What readily works for startups and enterprises in developed nations – the wealth of information, training and business-encouraging policies ‘enjoyed’ are few and far between in challenging economic climates of developing nations. If basic training on how to harness ideas into ventures are lacking in these geographical locations, how then can one build a successful business? What about policies that hardly favour startups in these environments? With all these which seem to dim the hope of startups in developing nations, there is still that will to conquer and rise – recognizing that developed nations were once underdeveloped and the synergy of people and ideas brought about growth and development.