Scaling Up Business Podcast

Aaron McDaniel and Klaus Wehage — Going Global

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Synopsis

US-based entrepreneurs often underestimate the potential of expanding to other countries, but scaling globally requires an understanding of both company knowledge and local culture. Klaus Wehage and Aaron McDaniel are the co-authors of Global Class: How the World’s Fastest Growing Companies Scale Globally. They have seen first-hand the challenges that entrepreneurs face in translating their local success into international markets. Global companies are expected to localize their products and services to each country they are present in, as well as compete with both local and global competition. Language is the first level of how you operate and manage within a company, followed by pricing and marketing. But like an iceberg, there is so much under the surface that is required to operate legally and successfully in each different country. Global-class companies consider how their values resonate with the culture of each country, the importance or offense of offering feedback, and how technologies can be either