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Don’t Pay Bribes to Get International Expansion

Startup Professionals Musings

These efforts proved to be a major distraction from our main objective, namely sales and service of our high tech products. In practice that meant that we could once again focus on running our sales and service activities. However, in reality the U.S. Generally the cost for each such transaction was nominal, i.e. less than $200.

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Sensitive Payments in the International Arena

Startup Professionals Musings

These efforts proved to be a major distraction from our main objective, namely sales and service of our high tech products. In practice that meant that we could once again focus on running our sales and service activities. The new regulations now permitted so-called ‘facilitating payments to petty bureaucrats’.