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Business Beyond Borders with Cynthia Dearin

Episode #73: The Global Opportunity Most Tech Founders Ignore with Ria Lu

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In This Episode

The global games industry generates hundreds of billions of dollars every year. But behind the blockbuster titles is an industry where even successful studios can disappear overnight.

In this episode of Business Beyond Borders, Cynthia Dearin sits down with Ria Lu, CEO of Levert Group, to explore what it really takes to build an international game development business from the Philippines.

Before founding Levert Group, Ria spent seven years building another successful studio—only to see it collapse because of cash flow problems, despite having major global clients. Rather than walking away, she used those painful lessons to build a stronger business with international customers, diversified revenue streams, and a clearer strategy for long-term growth.

Together, Cynthia and Ria discuss why gaming is one of the hardest industries to succeed in, how outsourcing studios survive in a volatile global market, why creativity and commercial success are often at odds, and what founders must learn about resilience after failure.

Whether you’re building a tech company, creative business, or expanding internationally, this conversation offers practical lessons on managing risk, recovering from setbacks, and building a business designed to last.

In this episode you’ll learn:

  • Why successful businesses can still fail because of cash flow
  • The hidden economics behind the global gaming industry
  • Why game development is far riskier than most software businesses
  • How Levert Group rebuilt after losing its first company
  • The realities of running an international outsourcing business
  • The challenge of balancing creativity with commercial success
  • How remote global teams maintain culture and communication
  • Why resilience—not talent—is often the biggest competitive advantage

If you’ve ever wondered what it really takes to build a global creative business, this episode is essential listening.

Guest Spotlight

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Ria Lu

Chief Executive Officer

Ria Lu is an international business and operations executive with over 20 years of experience building organizations, leading cross-border teams, and developing partnerships across Asia and beyond. Throughout her career, she has established and scaled companies, managed multinational operations, and worked at the intersection of technology, hospitality, government, and the creative industries.

As CEO of Leveret Group and Back Office Brigade (BOB), she lead organizations that help businesses expand internationally through operational consulting, bridge communication, project coordination, and strategic partnerships. 

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