Martha Montoya has found a way to grow her small business: She exports. While "exporting" conjures up images of vast shipyards and warehouses, Montoya, a comic-strip artist in Santa Ana, Calif., sells her colorful cartoon characters (shown in B/W) for use on snack packages in China, Ecuador, Colombia and other far-away places. She tells other entrepreneurs — no matter their business — to think about going global.
Although we did not win, we sure were happy to be nominated and make the cut. Thank you to all of you who voted for us. Your support means the world to us. Maybe next year MarketingSherpa will include a new category on "Global Marketing." Congratulations to all the winners. (Note: link may have changed since the original publication of this post.) Way to go!
Lou Hoffman used to share the common misperception that overseas markets are only open to the big guys like McDonalds, Coca-Cola and Proctor & Gamble. Not anymore. It's the little guys who are slowly taking over the planet.
Learn more about Lou's story and how you can go global too. Read the article here.
Okay ... every once in a while I have to do a little shameless self-promotion and this is one of those times. Jennifer LeClaire did such a great job with this article for E-Commerce Times that I had to share it with you. It sings the gospel on globalization!
The outsourcing trend almost killed Kalexsyn -- until its founders made globalization work in their favor.
The timing could not have been worse for Robert Gadwood and David Zimmermann. After being laid off by drug giant Pfizer in 2003, the scientists founded Kalexsyn, a chemical research company in Kalamazoo, Michigan. Kalexsyn's plan was to help large pharmaceutical companies create new drugs by examining thousands of molecules to pinpoint the ones that had medicinal potential.
But by the time Gadwood and Zimmermann built a lab, bought equipment, and hired 10 employees, the strategy had become obsolete. "All of our customers disappeared," Gadwood says.
Globalization has been a boon for some U.S. service companies. Last year, a surplus of $58 billion in services was outsourced overseas. Here is a selection of recent data on cross-border trade from the Bureau of Economic Analysis.
Smart innovation is key to long-term prosperity. Nations won't thrive by just accepting low pay.
The seed of globalization germinated 60 years ago at the University of Pennsylvania, where ENIAC, the first operational general-purpose electronic digital computer, was unveiled in 1946. That single 11-ton machine has spawned more than 200 million computers worldwide, a number growing at 20 percent per year. Its stepchild, the cell phone, has grown to more than 1 billion units in one-quarter the time, and that number will at least double in the next 10 years. We can now connect with anyone, anywhere, at any time. This on-demand world fulfills the vision of a "global village" Marshall McLuhan put forward in 1964.
Read Rocco Leonard Martino's provocative article in its entirety here.
The Global Small Business Blog (GSBB) was founded on July 20, 2004 by Laurel Delaney (pictured) for the purpose of helping entrepreneurs and small businesses expand their businesses internationally. It is ranked No. 1 in the world for entrepreneurs and small businesses interested in going global. Learn more about Laureland visit her company GlobeTrade.com.
2nd Edition Available NOW (2016) and endorsed by Jim Collins!
"Good to Great" best-selling author Jim Collins says, "Laurel Delaney writes in a tremendous spirit of service to entrepreneurial and small business leaders navigating the opportunities of globalization. Whether leading a fresh startup, a small business, or an entrepreneurial growth company seeking greatness, the question of whether―and how―to go global must be addressed. Delaney shows yet again her passionate dedication to serving her readers with deeply practical guidance.”