Corrections · 1
About business
Hi people!
I want to discuss with you a little bit about business.
Recently I watched "The Man Who Built America" and it became a muse for writing this note. I have never been to the US but I read a lot about it. I was born in the USSR and my generation was taught about the country that was our enemy in the Cold War. The thing that I really respect about the US is its entrepreneurial spirit. As I know the US was founded by Europeans that wanted to become rich, independent and famous. They worked really hard and created very powerful companies. That spirit is still in the heart of Americans.
On the other side, Russia had almost 70 years of communism that ruined any enterpreneurial spirit and destroyed many intellectual people. I know that in the beginning of the twentieth century the Russian Empire was one of the leaders in the world with a huge amount of factories and other businesses. Russia was almost alone in providing Europe with grain and dairy products but that all but ended in the communist era. In the USSR there was punishment for entrepreneurship and people had to work only for government.
Russia is only 25 years old officially since the USSR fell. Now we have a lot of new small businesses. I'm also trying to create my own business and I feel that the environment for growth is still very raw. I see that we have almost no competitors in Russia. That situation has a good and a bad side. You can reach 500% per year growth here and way more than 100% margin but you need to "develop bicycles". Here we have to learn business science from our Western friends and adjust that knowledge to the modern Russian business climate. Despite all the negative stories that we hear on TV I really think that Russia has huge opportunities for young businessmen to build the new Russian dream.
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