Monday, March 27, 2017

Today in Global Small Business: Small Table Maker Vintage Industrial Takes on Alibaba's Fakes

What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, March 25, 2017

The Future is Female

©2017 Laurel Delaney.  All rights reserved.
"The future is female; so how do we get there?" -- Chicago Reader

Friday, March 24, 2017

Congrats to SBA's National Small Business Week Awardees!

The head of the U.S. Small Business Administration, Linda McMahon, announced the 2017 National Small Business Week awardees for 16 different categories ranging from exporting, outreach, contracting, lending, disaster recovery to manufacturing and research and development.  Small Business Week is set as the first week in May.

The National Exporter of the Year 2017 award goes to:

Rose Morris, President
Dba The Safety Sleeper
Pittsburgh, Pennsylvania

Rose's story goes like this:
I am a loving mother of three children the middle of which is Abram who is on the autism spectrum. Like many other families who have a loved one with special needs, I struggled with finding a good solution to protecting my son at night.  There was no product on the market that could support my son's sleeping issues, night wanderings, temper melt-downs and give us the freedom to be a typical family.

I feared for Abram’s safety and out of that fear, The Safety Sleeper™ was developed.
To learn more about the other awardees, visit here. Congratulations to everyone!  We are proud of your accomplishments.

Thursday, March 23, 2017

When Was Globalization Discovered?

Christopher Columbus discovered America in 1492 with a quest to sail west until he reached Asia (the Indies) where the riches of gold, pearls and spice awaited.  One could say that is when globalization occurred.

Regardless of the exact point in time, Andrew Sheng, for The China Post, says:
Globalization had lifted billions from poverty and the logic of free trade and capital flows was accepted from Beijing to Zanzibar. But in 2007, when the North Atlantic financial crisis revealed the flaws of excessive financialization, doubts about globalization began to creep in.
The reality is that globalization cannot be stopped; rather, it must be managed better as Sheng adds. Read more here.

Wednesday, March 22, 2017

Europe is Where Most UK SMEs Go First on Exports

Europe is the market most UK small business exporters go to first. Over half say it’s easier to trade with versus elsewhere.  The Federation of Small Businesses (FSB) reveals through its research a trade deal with Europe is top of the list for UK small businesses post Brexit.
Nine out of 10 (92%) exporting small businesses and 85% of importers trade with the EU. It is also the first foreign market many small firms go to: exporters are twice as likely to have exported to the EU for the first time, than another market. 
Read more here.

Tuesday, March 21, 2017

Saudi Arabians Have a Cultural Affinity Toward Entrepreneurial Activity

The 2016/17 GEM Saudi Arabia Entrepreneurship Monitor report -- an initiative of the Babson Global Center for Entrepreneurial Leadership (BGCEL) at Prince Muhammad Bin Salman College of Business and Entrepreneurship (MBSC), with BGCEL supported by a grant from Lockheed Martin -- shows that Saudi Arabia is a fertile ground for entrepreneurs.
The report shows a strong cultural affinity in Saudi Arabia toward entrepreneurial activity. More than two thirds of the working-age population believe starting a business to be a good career choice and 25.8 percent are considering starting up a new business within the next five years. 
The report also shows a noticeable increase in female entrepreneurship: 38.6 percent of entrepreneurs in the Kingdom are women, a proportion that has increased rapidly in recent years.

Saudi entrepreneurs are poised for success.

Learn more here.

Monday, March 20, 2017

Today in Global Small Business: Trump Organization Kisses International Markets Goodbye

What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, March 18, 2017

Every Woman is a Rebel

©2017 Laurel J. Delaney.  All rights reserved.
"Every woman is a rebel, and usually in wild revolt against herself." - Oscar Wilde

Friday, March 17, 2017

Happy St. Patrick's Day, My Favorite Day of the Year

Top of the morning to you!  Have a Happy St. Patrick's Day -- my favorite day of the year.  These are scenes in Chicago along the river front (Wacker Drive).  You can find out why they dye the river green in Chicago here.

Photos courtesy:  ©2017 Laurel J. Delaney.  All rights reserved.

Wednesday, March 15, 2017

How Many Steps Does It Take to Go Global?

Successful international expansion means meeting, and overcoming a range of new challenges - and involves careful, effective planning. To help your business prepare for its journey, to any corner of the world, David Warrender put together a guide to some of the most important first steps.  And if you want to take a couple more, pay a visit here.

Tuesday, March 14, 2017

Get Out of Your Comfort Zone and Explore Global Markets

To obtain sustainable growth, you must pursue challenges and one of them is going global.  The good news is there are benefits. All it takes is perseverance and a determination and commitment to break the market barriers.
Razzak Dawood [former commerce minister of Lahore, Pakistan] said it was only after exploring the global markets that one learned how to be internationally competitive. It is only after rubbing shoulders with competitors from various regions that one learns the secret of success by achieving efficiency.
Read more here.