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Don’t Pay Bribes to Get International Expansion

Startup Professionals Musings

In a very recent international bribery case, Alcatel-Lucent decided to pay $137 million to settle charges that it paid millions of dollars in bribes to foreign officials to win and maintain contracts in Costa Rica, Hondurus, Taiwan and Malaysia. The days of a “slap on the wrist” for offenders are gone. The resulted in the U.S.

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7 Good Entrepreneurial Habits That Turn Bad

Startup Professionals Musings

Most begin by doing the product development, marketing and sales alone, but struggle making the transition to hiring and coaching others, defining repeatable processes and focusing on future strategy. Limit your scaling efforts to organic growth. It’s a big change. That’s necessary but not sufficient to scale most businesses.