challenge to open software company in poor country

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 :)