Why Most Startups Fail at Global Expansion| Jeremy Wastall

About This Episode

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/
GoGlobal: https://goglobal.com

This episode is sponsored by EmergeOne, fractional CFOs for venture backed tech startups from Seed to Series B.
Get in touch at https://emergeone.co.uk/contact-us/ or join the CFO team at https://emergeone.co.uk/join-the-cfo-team/

Sign up for EmergeOne’s weekly newsletter, Off Balance at https://off-balance.beehiiv.com/subscribe

Watch on YouTube: Why Most Startups Fail at Global Expansion| Jeremy Wastall