Business Risk Assessments for Every Entrepreneur A simple but efficient way to assess the types of business risk is the Impact vs Likehood matrix. Often we learn it at business school, but later in our careers and projects, we forget it. Big mistake! This is an exceptional tool for entrepreneurs and managers when assessing uncontrollable […]
Types of Business Risk Read More »
What Are the Business Risk Factors Leading to Bankruptcy? An essential part of any business plan is risk assessment. While I believe you know most of the components of a good risk analysis, there are logical fallacies that we often see even on the best plans. Things that scrupulous regulators and prudent investors hate. In
Business failure risk- Avoid these assessment mistakes Read More »
Why Expats should know about Hofstede and his study of the five dimensions of culture You just received an excellent job offer abroad, or maybe you decide to open a company abroad and have the full plan read. Either way, you concluded that you checked what to consider when moving away from home. You think
Dr. Hofstede on Cultural Dimensions: Examples for Expatriates Read More »
International Students and Young Professionals: A Guide for Adjusting to a New Culture Step 1 on the Cultural Adjustment Process When adapting to a new culture, get over the fact that you will never be 100% native. And you don’t need to. I start this article by making a minor excuse: the phrase you see
Adjusting and Adapting to New Culture (Cultural Adjustment Steps) Read More »
Why Any Expat Before a Move to a New Country Should Consider This This is the second part of the Moving Abroad Checklist (the first you can find here). To give the perfect context to the importance of researching where you live, I will start with a personal anecdote. A Personal Tale: The Questions That
Important Questions to Ask Yourself Before Moving Abroad Read More »
When we start a new life abroad, sometimes we ignore the chances it might not go as expected. We want to keep our morale, confidence and spirit that this is going to be an exceptional year. It is the survivorship bias.
The Ultimate Moving Abroad Checklist For Expat Relocation (2025) Read More »
How to Adapt in a New Country Faster with 3 Simple Actions Sitting here on my desk while I complete nearly a decade living abroad, I wondered what lessons I wish I knew at the beginning of my journey that would make immigrant adaptation (meaning my own adaptation to life in a new country) much
Immigrant Adaptation in 2025 Read More »
Often Cases of Expat Assignment Failure are Easy to Avoid We will list the reasons for expat failure in this article, but first, let’s define what that means. What do expatriate failure and expatriate success refer to? Expatriate failure can be defined as a group of factors that impede an expatriate’s success, such as early
Prevent the Reasons that Lead to Expatriate Failure Read More »
Understanding the ways to overcome homesickness when living abroad Feeling homesickness while living abroad is common. Incredibly common. What is not usual is a true understanding of why we feel that, and this is something that can change lives. Let me tell you a story. I remember clearly how my last weekend before moving abroad
Homesickness While Living Abroad: Read If You Feel Homesick Read More »
How Much Is the Minimum and Average Salary in Poland The average salary in Poland, in July of 2023, is 1,806 USD per month (7485 PLN monthly). This is a level of income comparable to Chile or Uruguay. However, because Poland has relatively low inequality, you will find more poor (and super-rich) people in those
How Much Is the Average Salary in Poland in 2023? Read More »
Subscribe (for free!) and you'll get the ebook 20 Essential Hacks for Saving Money While Travelling.
Learn how to save up to 74% on your next international trip!
