A Russian entrepreneur shares 7 practical tips that immigrant startup founders should follow to make it in America
- Starting a business is daunting, especially when you're in a brand-new country.
- According to Russian entrepreneur Katya Dorozhkina, US business culture is unlike any other in the world.
- Here are Dorozhkina's seven tips for entrepreneurs who are either new to the US or new to the startup world.
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Starting your own business from scratch can be daunting, but doing it in a brand-new country can seem all but impossible.
Luckily, countless immigrants have founded startups and small businesses in the US already, like Katya Dorozhkina, a Moscow-born entrepreneur. In 2015, Dorozhkina founded Starta Accelerator, an expansion of New York-based VC firm Starta Ventures. The accelerator focuses on helping Eastern European startups that are navigating the US business world for the first time.With a decade of experience in entrepreneurship and venture capital, Dorozhkina knows what it takes for a startup to succeed.
Many of today's most valuable companies were founded by immigrants in the US. According to a new report by research organization New American Economy, 45% of Fortune 500 companies were founded by immigrants or their children, including tech giants like Amazon, Apple, Tesla, and Google. And while the administration of president Donald Trump has taken a hardline approach to immigration, potential founders from all over the world continue to enter the country in search of the American dream.
Whether or not you're new to the US, Dorozhkina's seven tips for entrepreneurs may help you make the right decisions, secure funding, or even become the next Google.