Why Most Startups Fail at Global Expansion | Jeremy Wastall
About this episode
In this episode, Jeremy Wastall discusses the complexities and challenges of global expansion for startups.
In this episode, we sit down with Jeremy, CEO of Go Global, to break down what really happens when companies expand internationally. From employer of record (EOR) vs setting up your own entity, to the hidden costs, legal risks, and operational chaos this is the unfiltered truth about scaling globally. Timestamps: 00:00 Intro & Jeremy joins the show 01:00 What is Employer of Record (EOR)? 03:00 Why global hiring exploded post-COVID 05:00 When to switch from EOR to your own entity 08:00 The real costs & hidden complexity of expansion 11:00 Why Go Global avoided raising VC money 14:00 Scaling globally without burning cash 18:00 The dangers of hiring too fast internationally 20:00 Global expansion mistakes founders make 24:00 Employment laws & risks across countries 27:00 Where companies are expanding right now 31:00 Offshoring, cost arbitrage & AI impact 35:00 Building products faster than ever (AI shift) 36:00 The 5 stages of international expansion 40:00 Why most founders expand too early 42:00 Smarter ways to enter new markets (partnerships & M&A) 45:00 Personal story & what drives Jeremy Find Jeremy Wastall online at: LinkedIn: https://www.linkedin.com/in/jeremywastall/…
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