Written for EO by Michael Neidert, a writer and consultant.
Entrepreneurship is difficult in any part of the world, but entrepreneurs in developing nations face an especially steep uphill climb.
Add poor infrastructure, difficult-to-access capital and daunting challenges to the list of typical issues of starting a business, and entrepreneurship in a developing nation becomes an especially courageous act. However, as in many scenarios, ingenuity is born of necessity.
Despite the obstacles, it’s entrepreneurs who are driving real change and progress, transforming developing nations by growing knowledge-based economies, investing in local communities and solving challenges that Silicon Valley may not yet even be aware of.