Question

Why is it the case that Building a startup as a global business requires managers to think earlier and faster than their predecessors of even a generation ago ?

Answer 1

It is important to think earlier and faster than our own predeccors while building a startup as a global or international business in todays time is because the world is dynamic and ever changing.

As we are moving on towards this change, adapting ourselves with the technology and also changing pace of our lives, we have to think earlier and also faster than what our predecessor used to do. We don't have to wait for the last moment to think if our company is right for the global expansion or do we have the right resources to make our business go international or not, we have to think earlier at the very first stage by building the startup and also faster because the world is changing. We have to take and make every decision right both effectively and efficiently to make sure we are ready with our business to make it stand any risk or any global change we wish to see.

This is the reason why the managers today are taught to be skilled enough to overcome any change and also are capable enough to think earlier and faster than what their predecessors used to think whiling building the startup giving the company a competitive edge and sustainability in the environment.