How To Do Business In Russia

Table of contents:

How To Do Business In Russia
How To Do Business In Russia

Video: How To Do Business In Russia

Video: How To Do Business In Russia
Video: How to start business in Russia 5 steps 2024, April
Anonim

The peculiarities of Russia's economic development attract investors and businessmen from all over the world. But not all of those who have decided to launch their entrepreneurial activity on Russian soil are aware of the obstacles they will have to face. To do business in Russia, not only a foreign entrepreneur, but also a domestic businessman needs to have iron nerves, endurance and ingenuity.

How to do business in Russia
How to do business in Russia

It is necessary

  • - commercial enterprise;
  • - business team;
  • - entrepreneurial skills;
  • - knowledge of the peculiarities of Russian reality.

Instructions

Step 1

Use a leadership style that focuses on authority, not outright coercion. Strong and passionate individuals with great leadership potential are valued in Russia. Only those who show the strongest sides of their nature can gain trust and authority among their subordinates. You need to radiate energy and achieve excellent results in competition with competitors.

Step 2

Build a strong organization with professionals. Russians have respect for a strong team, in which everyone has clearly defined functional responsibilities. A stable and reliable company structure with developed vertical and horizontal ties is capable of achieving the greatest success in the field of Russian business.

Step 3

Constantly work on the systematic creation of a responsible team. There are enough workers in Russia who are used to not burdening themselves with additional responsibilities. It is necessary to create a system of employee motivation, in which each member of the workforce will be vitally interested in improving the efficiency of the business structure. The best motivation for a Western employee is material reward. In Russia, recognition of merit to the collective and moral incentives are of no less importance.

Step 4

If you are a foreign entrepreneur starting a business in Russia, respect local customs and customs. You should not immediately try to adopt the business models of Russian entrepreneurs who went through the difficult school of the 90s of the last century. It is preferable to use those business schemes that have proven their success in other regions of the planet, somewhat adapting them to Russian conditions.

Step 5

Learn to live and do business in times of crisis. Russian reality is predictable only in one thing - here it is almost never possible to predict the onset of certain events. Let this paradox become your company's watchword. Develop the ability to act in a situation of uncertainty and constant pressure from external factors. Only in this case can you be a successful entrepreneur in the homeland of the once victorious socialism.

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