challenge to open software company in poor country

Question

Maximum software company will be open in developed city and country. If we will open the software company in poor country then what will the possible challenge to survive there. Nowadays software is essential for everybody. I have seen in poor country or state after doing engineering or master degree they will be unemployed. can we not generate job for them ? what is your opinion on this idea ?

Vincent Maverick Durano · Answer

Hi First of all I don't own a business but here's my take on the subject. You could for sure generate jobs for them especially if there are lots of IT folks in the said location. The good thing about putting up a company in a less-fortunate country is that many people will apply for the job because they don't need to go somewhere else just to look for a job. The only down-side is that people will might just use your company as a stepping stone - Well this depends on how you run the company the salary offers growth for learnings and the benefits that your company can provide. If you run this company in a unique way and more enjoyable to work for then you should be okay. I mean why people leave the company if they got what they need? Pay Learning Professional growth awesome bosses enjoyable work environment exciting projects etc.. Just my 2 cents :)

Joginder Banger · Answer

Good idea and I appreciate your idea. Challenge in life every step. Without challenge and risk have no life. In software developments line daily we faced challenge.