Experience is the key to success
The entrepreneur was at the center of the survey with his global vision and the acknowledgement that the required skills of a management team differ at every stage of a company’s life cycle. This is why it is important to recognize early on which skills are essential for the current situation, act accordingly and acquire any lacking expertise. The key to successful internationalization is without a doubt the entrepreneur or management team and their international experience. In the present survey, the known influence of international experience is underlined. The study also recommends employing a leadership team with such international experience for the planned move across the border, as this affects not only the speed of internationalization but also its success.