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by evli
4291 days ago
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I am a firm believer Brazilian start ups should focus internally, but be able to be scalable abroad. By being tied to the US market I think we fail to reach the potential our country has. Instead of simply copying US businesses Brazilians should innovate in markets that make sense for Brazil. Focus on local customers in services that can be expanded worldwide. To me, simply trying to tie with U.S. businesses will cause Brazil to never develop a strong startup ecosystem as it is seem in countries like India and China. |
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Brazil is rather expensive and an extremely bureaucratic place to start a company in, so there is less competition when starting up. That is the only advantage of starting a business here, so doing one but focusing on the outside market before you validate a business model isn't optimal, you would be better off starting in the US instead.