Two common pieces of startup advice that get doled out are you need to be in Silicon Valley to start your startup, and you need to cater to customers in the US market.
That’s a tall order considering the rising cost of housing, the war on tech talent, and a number of challenges facing immigrant entrepreneurs (https://www.youtube.com/watch?v=SybHtHG6gcA).
Plus it’s simply not true. There are a number of startups that are starting up and succeeding outside Silicon Valley (http://femgineer.com/2016/05/myths-overcome-idea-to-global-product/).
To help debunk this myth and others, I’ve invited Marina Mogilko (https://www.youtube.com/channel/UCAQg09FkoobmLquNNoO4ulg) who is the co-founder of LinguaTrip (https://linguatrip.com/en/), an online marketplace that connects language learners around the world to language schools.
What you’ll learn from Marina in this episode:
- How Marina and her co-founder came up with the idea for LinguaTrip, and began it as an offline business.
- How they transitioned from offline to online.
- How they attracted customers outside the US.
- Why they decided to hold off on coming to Silicon Valley, and how it benefited them in building a profitable business that wasn’t beholden to receiving investment.
Listen to the episode on iTunes
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