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  • Essay / The Cultural Challenges of Doing Business Abroad

    The Cultural Challenges of Doing Business Abroad Many young American entrepreneurs are looking to do business internationally. Some entrepreneurs want to grow their business and others want to test their skills. When young American entrepreneurs launched their businesses overseas, they believed that money would help them overcome any obstacle because the value of the U.S. dollar is higher than that of most countries' currencies. Because of this erroneous assumption, many American business owners closed their overseas operations within three years. Steve Kafka is one of the American entrepreneurs who want to expand their activities in the Czech Republic. Although Steve Kafka is of Czech origin, it is obvious that the Czech language alone would not help Steve Kafka's company succeed in the Czech Republic. The tips below might help Steve Kafka overcome cross-cultural challenges. Main differences and incompatibilities between American and Czech cultures A major challenge for Steve Kafka in doing business internationally is adapting effectively to different cultures..