Tuesday, January 23, 2018

Next Great Global Resource: Human Capital

©iStock/fizkes
Gallup's new State of the Global Workplace report takes a big-picture approach to why some organizations and economies thrive and grow while others struggle and often fail.  In the report, they examine the effectiveness with which governments and employers worldwide develop and deploy the most vital and sustainable resources available to them: the skills, talents and creativity of their people.

Read more about the next great global resource:  the use of human capital -- whether it be from small businesses to entire societies.

Monday, January 22, 2018

Today in Global Small Business: The IMF Reels in Bitcoin

©iStock/monsitj
What's affecting me, my clients, my colleagues and other global small business owners:
  • In today's globalized world, becoming part of an international supply chain is key to the prospering of small businesses and their ability to create jobs.
  • How do you acquire nearly a million (1 million) followers on Twitter or more than six-five thousand (65,000) on Instagram?  It takes perseverance.  Presenter CamMI Pham will educate us on how to be bold in 2018 and get the world to notice you in the next WEGGinar™ held on Wednesday, February 7 at 11:00 a.m. Central time. The WEGGinar™ is no charge but you must sign up to attend: https://register.gotowebinar.com/register/2297562974983287811.
  • Small business owners need to think about stretching their territory beyond traditional borders and bringing the entire world into play as their customer base.
  • President and CEO of eBay Devin Wenig, says "One of the most meaningful ways technology companies can make an equitable impact is by bringing back to life the real engine of the U.S. economy — [global] small businesses."
  • The tech industry has sparked rapid growth, provided access to global markets and created entirely new, massive industries — generating an estimated $1.3 trillion and accounting for about 8% of U.S. GDP.  Small businesses can continue to drive the growth.
  • The IMF calls for global coordination on potential Bitcoin regulation.

Saturday, January 20, 2018

Best Beef Noodle and New England Clam Chowder in Michigan

©2018 Laurel Delaney.  All rights reserved. 
©2018 Laurel Delaney.  All rights reserved.
©2018 Laurel Delaney.  All rights reserved.
The Prime Time Restaurant in Niles, Michigan brings back a bit of nostalgia.  Good food, good service, good conversation and good people.  And one, only one review, on their site:  "I've been eating at Prime Table for many years. The food is great and service can not be better," says Tammy, a frequent customer.

Learn more about Prime Time Restaurant.

Thursday, January 18, 2018

Inspiring Global Success

©iStock/bowie15
ATG Access, a small business selling into 25 countries every year, is a manufacturer of security products, in particular vehicle barriers that protect people and buildings from vehicle attack. It generates half of its turnover through exporting.

With incidents over the last year making it a very timely product, countries across the world are now looking to shore up defences. The result of this has been considerable global success for the young company.

Here's what ATC Access has to say about going global:
“Exporting is great fun. I’ve [Gavin Hepburn, sales and marketing director for ATC Access] probably been to 60 countries now because it’s such a globally orientated business. You get to go to some really interesting places and meet some lovely people. It’s been a lot of fun jumping in planes, going to different countries.  It's not boring, that's for sure."
Read more about the inspiring global success story of ATG Access.

Wednesday, January 17, 2018

It's a Great Time for Gray-Haired Founders

©iStock/LightFieldStudios
Do you question whether you are too old to start a global company?  Here's what Silicon Valley investor Marc Andreessen, co-founder of Andreessen Horowitz (2009), has to say about that.
It's a great time for founders who have a little gray hair. One trend today is toward building "full-stack" start-ups, who invent a technology and then use it to take on big incumbents in a market directly. This is a change from the past, when many founders focused on building tools that customers could use however they see fit. Andreessen says, "These full-stack start-ups are more operationally intense and tend to require more experienced founders and executives."
Oh, what are you waiting for?  Get going!  In the interim, catch a few more rare insights from Marc to start-up founders, including why his firm requires a warm introduction to a founder before investing, and why enterprise start-ups need to charge more for their products.

Tuesday, January 16, 2018

Digitized Trade in a Digital Economy

©iStock/peshkov
The digital economy is not unfounded, as it is changing the way businesses and consumers interact.  Perhaps the biggest advantage of digitized trade is the opening of new markets for small businesses that are less involved in international trade and invisible to foreign direct investment.

Take this, for example:
An entrepreneur selling hand-made wigs could open a salon for visiting customers. Or she could go digital and upload samples to a website or Instagram page and carry out transactions online. That's trading in the digital world.
Read more about digitized trade or be left behind.

Monday, January 15, 2018

Today in Global Small Business: America First

©iStock/emarto
What's affecting me, my clients, my colleagues and other global small business owners:
  • How to take your real estate business global.
  • How do you get nearly a million (1 mil) followers on Twitter or more than six-five thousand (65K) on Instagram?  Easy.  CamMI Pham will educate us on how to be bold in 2018 and get the world to notice you in the next WEGGinar™ held on Wednesday, February 7 at 11:00 a.m. Central time. The WEGGinar™ is no charge but you must sign up to attend: https://register.gotowebinar.com/register/2297562974983287811.
  • Louis Vuitton wants to buy stakes in Baba Ramdev's Patanjali Ayurved and take it global.
  • A new company you've probably never heard of that sources, warehouses and ships products for many of the biggest names in e-commerce, including Amazon, Walmart and Target.
  • United States President Trump takes 'America First' message to global elite in Davos.
  • Didn't know there is a global plastic crisis?  Well there is. Here are four ways to nip it in the bud.

Saturday, January 13, 2018

Joy Every Day: Mellie

©2017 Laurel J. Delaney.  All rights reserved.
"My cat [Mellie] is the Christmas in my life; he brings that kind of joy every day." -- Anonymous

Thursday, January 11, 2018

Global Growth Will be Strong in 2018

©iStock/Gumpanat
According to The World Bank, global growth is expected to edge up to 3.1 percent in 2018.  Global trade has gained momentum, especially in global manufacturing and investment, which is in recovery mode.  Global trade accelerated substantially, supporting export growth in most emerging market and developing economy regions.

Read more about why 2018 global growth will be strong, and why there is still cause for concern, in 10 charts.

Download (automatic) the January 2018 Global Economic Prospects report.

Wednesday, January 10, 2018

Things Are Looking Good for British SMEs

©iStock/Delpixart
The health of the British economy can have a significant impact for many U.S. businesses, both big and small. Good news: in 2018, things look like they’re going to be healthy for the British.

A year-end study conducted by AIG found that 40 percent of those questioned were planning for growth this coming year while only 19 percent were expecting a downturn.
Regardless, this is still good news for American businesses looking to do business in the U.K. But tread carefully: the risks for British companies surrounding Brexit – such as higher material costs, potential labor shortages and exchange rate volatility, remains high. Unfortunately, only a third of those firms surveyed had contingency plans in case there’s a “no deal” outcome.
Read more on why British businesses are bullish about 2018.