Entrepreneur encourages LLCs to sell to global market

They say the sky is the limit, but for entrepreneurs forming an LLC, opening up to global markets will truly allow a company to grow and succeed.

Experienced global entrepreneur Larry Farrell met with business leaders in Memphis, Tennessee, and encouraged them to think globally as they move from startup to stable business.

“There’s more money out there than there are good ideas, but if you have a great concept, then you can’t be stopped,” he said. “It’s such an exciting time to be an entrepreneur, but you have to think beyond Memphis. Think about selling globally.”

Farrell, who has experience working in several countries, says that entrepreneurship acts to put everyone at an equal level – which means individual effort alone will reward hard workers.

Yet he understands how difficult it can be to start a new business. His own research suggests that two-thirds of all startups fail, and the amount of personal capital needed to fund a new business is approximately $14,000.

Farrell has an extensive background that has helped inspire his entrepreneurial spirit, including time as a Peace Corps volunteer. He attended Harvard Business School and has served as a top executive at several major corporations.

Melissa Clark
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Melissa Clark

Head of Content & Customer Marketing at Incfile
Melissa sets the vision for Incfile's content marketing and customer relationship management. Melissa has more than 10 years experience in various marketing roles, and a passion for supporting small businesses as they incorporate and grow. She loves sharing information that will help business owners maximize their LLCs, Corporations and Nonprofits. In her spare time, Melissa is an active member of The Junior League and enjoys running half marathons.
Melissa Clark
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