Our latest Expat
Entrepreneurs installment features Tara Agacayak, founder of Globalniche.net on lessons learnt on the
road to becoming an entrepreneur.
Source:
Creative commons/arlen
Why
did you decide to become an expat entrepreneur?
It wasn't a decision, but a survival
skill! I had moved to a very small town in Turkey and felt
isolated with limited professional outlets. At the time eBay was becoming
mainstream so I started making trips to the Grand Bazaar in Istanbul and buying
pashminas to sell through online auctions. The freedom and flexibility that e-commerce
gave me opened up many opportunities.
In 2006, I attended a women's leadership
program where they stressed social responsibility and global citizenship which
really shaped my business by changing my focus to locally-produced artisan
goods.
With my background in psychology and
information technology I'm now the co-founder and COO of globalniche.net;
an educational ecosystem that utilises the life hacks well-known and devised by
expats and other operatives who have found themselves at cultural disadvantage
as an approach that many people can benefit from.
If
you could give one piece of advice to other expats setting up their own
businesses, what would it be?
Be creative in coming up with a business
idea that will fit your situation and your aspirations.
What
challenges did you encounter when setting up your business and how did you
overcome these?
I've tried many different business
ideas, and it took me many years to figure out what I was good at, what I
enjoyed, and what would make a good business. Building my web platform and my
global niche community helped both in supporting and connecting me with others,
and acting as a sounding board for decision-making.
At the moment a big challenge is a legal
one - since I'm living full-time in Turkey I have work permission issues I'm
sorting through. Thankfully I've got a good team of advisors who are helping me
figure out the best option for working on a US-based internet business while I
live here in Turkey.
I've also been challenged by people who
don't understand what my business is about and ask why I don't just get a
regular job. Overcoming this challenge has meant staying dedicated and
committed to the vision of what I'm working on. This is hard to do when the
business idea itself is still coming together.
What
common mistakes do expats, in general, make when setting up their business?
I wouldn't call them mistakes as much as
missed opportunities - assuming they don't have as many choices as they do when
it comes to the kind of business they can establish; staying under the radar,
thinking too small, waiting until things are "perfect" - we can
always find ways to be better and to grow, both personally and professionally.
What
resources did you find useful or tapped into to get your business off the
ground?
Having a good management team and
building a community of knowledgeable people around the world to ask advice of.
For our particular business model, we spent a lot of time studying content
marketing, e-commerce, using a variety of social media tools to add to our web
platform, and trying lots of different techniques to figure out what works.
We're fans of the lean startup methodology offered by Eric Ries.
What
would you do differently if you could do it again?
I would have been more strongly grounded
in my ideas and not have given up so easily when faced with a challenge. I
would have sought help earlier to get through the challenges. I would have
taken more risks in order to make faster progress.
About
Tara
Tara,
an American-born expat living in Turkey, has a background in psychology and
information technology. She draws on her background in database design as the
COO of Globalniche.net, an on-going interactive, on/offline educational channel
that teaches self-agency to reach personal and professional fulfillment.



Great advice Tara! Always enjoy your inspirational quotes! Luckily, my career will always fit my situation no matter where I am. It's all about making the right connections though.
ReplyDeleteWould have sought help earlier, taken more risks and not given up as easily: the greatest (expat) entrepreneurial lessons ANYONE could learn. Here's hoping you challenge more expats to find their Global Niche, Tara.
ReplyDelete