EXPLAINERS
Research shows international market entry is a risky and long term endeavour
Many founders and CEOs dream of accelerating growth by expanding into new international markets propelled by a successful fundraising round. The opportunity to develop a strong brand profile as an innovative global market leader is an alluring prospect. ​​However research reveals most international expansions fail and that it can take many years to generate returns​​. Read more about these research findings and the common reasons for market entry failure.
How can you increase your chances of successful market entry for your scaleup?
​​MarketEntryLeaders.com is a place where you can source AI prompt engineering resources to generate customised strategic insight to help you streamline your strategy and increase your chances of success.
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You can build your own Market Entry Strategy Guide in just minutes using ChatGPT and the prompts available on this website.
EXAMPLE: 10 Market Entry Strategy Steps
What Type of Market Entry Leader are you?
Successful global expansion relies on several factors, with leadership style being a key component. CEOs significantly influence market entry by determining strategic decisions, market choice, timing, entry model, and resource allocation. Each CEO has a unique leadership style with distinct strengths and weaknesses.
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A one-size-fits-all strategy can lead to inefficiencies, increased costs, reduced success, and C-suite tensions due to conflicting leadership approaches. Misalignment between strategy and leadership style can cause confusion and failure.
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To ensure success, customise your market entry strategy to align with your leadership style, leveraging your strengths, mitigating weaknesses and fostering C-suite collaboration. Identify what type of Market Entry Leader you are: risk-averse or risk-tolerant; visionary or pragmatic; people or process-oriented; determined or adaptive.
Adopting a Profile Specific Approach
The following example illustrates how the ten market entry strategy steps can be approached differently by contrasting Market Entry Leader Profiles. It also provides suggestions for harmonising collaboration between leaders with these two profiles.
EXAMPLE: 10 Market Entry Strategy Steps
Customisation of Market Strategy Guidance and Coaching
Customising market entry strategy guidance and coaching is essential for addressing the unique challenges and opportunities of a company's international expansion.
Read more about the reasons for customisation by considering a company's market entry project profile, market entry strategy steps, and C-suite team market entry leadership characteristics:​​​
Market Entry Leaders AI Toolkit
CONCEPTS (INPUT)
TECH
TOOLS (OUTPUT)
Market Entry Leader Profiler Assessment
Generative AI
Market Entry Project Profile
ChatGPT
Output
Additional Market Entry Project Profile Characteristics
Text
Ten Market Entry Strategy Steps
Audio
Custom GPTs
16 Profiles
Strategy Guide
SWOT Assessment
Failure Factors
Success Factors
Coaching Tips
Collaboration Tips
Workshop Template
Coaching Advice
Coaching Sessions
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Benefits
Play to your Strengths
Save Time
Mitigate your Weaknesses
Maximise your Chances of Success
Harmonise C-Suite Collaboration
Reduce Costs