Saturday, December 16, 2017

Have a Little Fun Today

©2017 Laurel J. Delaney.  All rights reserved.

Friday, December 15, 2017

The World is On the Cusp of a New Digital Economy

©iStock/Zapp2Photo
With the world on the cusp of a new digital economy in which e-commerce and automation will transform production, trade, investment patterns – as well as helping meet the Sustainable Development Goals (SDGs) –the need for new policies to be adopted is clear.
“The gains of digitalization are not automatic and there will be major challenges for countries, enterprises and people to adapt, but we must start somewhere,” UNCTAD Secretary-General Mukhisa Kituyi said.
Digitalization is creating new ways for small businesses and women entrepreneurs to reach new markets worldwide.

Read more about global e-commerce policy work -- an effort that must never be given up.

Thursday, December 14, 2017

The Gig Economy

©iStock/Stas_V
The freelance marketplace makes it easy for small business owners to save on administrative and overhead costs while also growing a business global.
Modeled after traditional e-commerce websites, freelancer marketplaces allow specialized professionals such as graphic designers, app developers, SEO consultants and social media marketers to offer their services to small businesses for a fee.
What are you waiting for?

Learn more about how you can grow your business global via the gig economy.

Wednesday, December 13, 2017

E-Commerce: The Rise of Online Shopping

©iStock/seb_ra
E-commerce sales worldwide hit an estimated $25.3 trillion in 2015 and have grown since.
The internet makes buyers and sellers more visible and accessible to each other locally and globally. The international bit is really interesting. The opportunity to connect quickly and efficiently to multiple markets can be a boon for smaller businesses and a great attraction for consumers. Without e-commerce, establishing a physical presence in multiple markets can be costly, while consumer demand might also not always be clear.
Read about the five (5) ways to make global e-commerce easier for everyone.

Monday, December 11, 2017

Today in Global Small Business: What's the Difference Between a Startup and a Small Business?

©iStock/g-stockstudio
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, December 09, 2017

Believe

©2016 Laurel J. Delaney.  All rights reserved.
The Walnut Room at Macy's on State Street (2016), Chicago, Illinois, USA.

Friday, December 08, 2017

A New Phase of Globalization and It is Not Slowing

©iStock/ipopba
Globalization is not slowing, and according to a new joint report (PDF) by Business of Fashion and McKinsey & Company. “On the contrary,” it says, “we are entering a new phase of globalisation, driven by digital connectivity and the flow of data, and this will lead to much greater global connectedness, not less.”

Read more about how national borders cannot contain the new phase of global connection.

Thursday, December 07, 2017

The World Is Yours™

©iStock/FeelPic
Eight (8) successful business owners talk about how they went global in 2017.  Here's one:

3. Know what you want, be flexible, and accept change

Robert Anderson, founder, Expert Remedies:

“When I first heard the axiom ‘success consists of a series of small daily victories,’ I wasn’t sure what it meant. Now I know. It’s an essential principle of global expansion. Small daily victories mean getting essential operational details done correctly — step by step. Success happens when you have a viable idea — to be verified by the market — coupled by logical, intelligent execution.

Also key: the business you envision will rarely be the same as how it turns out.

Be flexible and accept change. Use it to your advantage. The market is ruthless, and it may be at odds with what you first think — so be careful. The TV show Secret Lives of the Super Rich might make it all seem so easy, achievable within a month. Don’t fall for it.

You can make it, it just takes unending persistence and a clear vision knowing what you want — and being flexible enough on how you get it. Who knows, maybe I’ll see you on TV one day.”

Read more about global expansion: 8 tips from successful business owners on how they went global in 2017.

(The World Is Yours™, GSBB Media LLC)

Wednesday, December 06, 2017

Learning About Diversity and Inclusion to Create a Workplace that Works

©iStock/Jacob Ammentorp Lund
What is diversity and inclusion?  Why is it important?  How does bias play into diversity and inclusion?  How can you create a more diverse and inclusive organization?

All these questions will be answered by attending the Women Entrepreneurs GROW Global WEGGinar™, December 6 at 11:00 a.m. Central Time, on “Harnessing the Power of Diversity and Inclusion: Creating a Workplace that Works,” presented by Joselyn DiPetta, Google; and Managing Partner, Present Possibility.

Ms. DiPetta will give you a deeper understanding of why diversity and inclusion are critical to successful and sustainable business outcomes, and about unconscious bias in the workplace and the importance of addressing it.

It’s FREE, thanks to the generous support of our sponsors: UPS, IBM and B•A•L – go here to register:  https://register.gotowebinar.com/register/1837790091765976835.  I'll be fielding the questions at the end of the presentation.  See you there.

Tuesday, December 05, 2017

SMEs: The Lifeblood of Global Economies

©iStock/Rawpixel
Entrepreneur India caught up with the representatives of three different countries on the sidelines of the World Association for Small and Medium Enterprises (WASME), 21st International Conference on Small and Medium Enterprises to know how each country is contributing to a global value chain and how a collaboration with Indian SMEs could further enhance development.

Here's what came out of it.

Read more about how business across borders and global collaboration can help in the growth of small businesses.

One more thing ... learn about SMEs, the lifeblood of global economies.

Monday, December 04, 2017

Today in Global Small Business: Best Small Business in America

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

Saturday, December 02, 2017

Irish Pub Grub, Booze and Live Music at Celtic Knot

©2017 Laurel J. Delaney.  All rights reserved.
Celtic Knot Public House:  Boisterous saloon featuring Irish pub grub, booze, holiday decorations and live music in comfortable surroundings in Evanston, Illinois.

Friday, December 01, 2017

Go Global or Die

©iStock/brozova
This eleven-year old article on going global is still relevant to our times.
In her manifesto, "Global Guru:  Shaking Things Up.  Making Things Happen," Chicago-based Laurel Delaney, founder and CEO of GlobeTrade.com writes, "In the future, there will be two kinds of enterprises:  those that go global and those that die."
Read about propelling your business into the global marketplace.

Thursday, November 30, 2017

Women First, Prosperity For All

©iStock/DMEPhotography
The eighth annual Global Entrepreneurship Summit began in Hyderabad, India, focusing on the theme of “Women First, Prosperity For All.”

For the first time in the history of this summit that brings together entrepreneurs and high-level politicians from around the world, women make up a majority of the 1500 entrepreneurs selected to attend.

In order to make China's female entrepreneurs count, we must go beyond just counting them.

Wednesday, November 29, 2017

Think Like a Disruptor

©iStock/ipopba
Are you overlooking fledgling competitors until they are no longer fledgling and ignoring small market trends until they represent seismic shifts?  If you are, read my lips:  This is the opposite of what successful disruptors do.
Those companies are sniffing out any small, potentially market-changing trend they can find in order to establish themselves and take on the bigger players.
And I love the part in this article where P&G visited 1871, my hometown Chicago's hip incubator, and came up with Tide Spin.

Shake it up in 2018!

Tuesday, November 28, 2017

Small Business, Global Impact

©iStock/Maestria_diz
To discuss issues and find solutions for SMEs, The World Association of Small and Medium Enterprises (WASME) is organizing the 21st International Conference on Small and Medium Enterprises (ICSME) between November 30 and December 1 in New Delhi, India.

The event seeks to discuss achieving inclusive and sustainable industrialization by promoting SMEs - Small Business, Global Impact.

SMEs are said to contribute around 8% to India's GDP and around 45% of the country's manufacturing output. Yet, a large part of this sector remains unorganised, battling sundry issues - political, social, and financial.

Read more about how the SME sector is likely to come out a winner post demonetization:  WASME.

Monday, November 27, 2017

Today in Global Small Business: Small Businesses Are Stealing Away Business from Publicly Traded Retailers

©iStock/RomoloTavani
What's affecting me, my clients, my colleagues and other global small business owners:
  • The Canadian government wants to include a gender chapter in the new NAFTA.
  • Shopping Small can have a huge impact locally, but with organizations like TO THE MARKET, the impact can be global as well.
  • Deloitte found that $200 billion in market share is being traded to smaller businesses, away from the top 25 publicly traded retailers, which includes both Amazon and Walmart.
  • Joselyn DiPetta at Google, and Managing Partner, Present Possibility, will address how to create a workplace that works (diverse+inclusive) in the next WEGGinar™ held on Wednesday, December 6 at 11:00 a.m. Central time. WEGGinar™ is no charge but you must sign up to attend: https://register.gotowebinar.com/register/1837790091765976835.
  • ignoring Bitcoin is to your detriment.
  • Chicago-based Tempesta Market is opening Dec. 1 with locally made artisan Italian cured meats.

Saturday, November 25, 2017

I Cannot Live Without Books

©2017 Laurel J. Delaney.  All rights reserved.
"I cannot live without books; but fewer will suffice where amusement, and not use, is the only future object." -- Thomas Jefferson to John Adams, June 10, 1815

Friday, November 24, 2017

A Movement to Eradicate Extreme Poverty

©iStock/monstArrr_
In September, Global Citizens, a social action platform dedicated to solving the world's biggest problems, turned NYC into an arena of advocacy, with dozens of events and activations uniting Global Citizens to learn, take action, and see world leaders commit to deliver a world without extreme poverty by 2030.
"All of a sudden, the footprint, it very much organically started to grow," [Global Citizen's Hugh] Evans, 34, tells Billboard. "We never want Global Citizen to be a night in Central Park -- it has to be a 365-day-a-year movement to eradicate extreme poverty."
Now, GC has released a Taylor Swift parody video for a cause. Bringing awareness to one of the most pressing issues in global development, the “Look What You Made Me Do” spoof draws attention to sanitation and toilet access.

Worldwide, 4.5 billion people lack access to safe and working toilets and sanitation, while 892 million people are forced to defecate outside in the open or into bodies of water.

Check out the Taylor Swift parody that has gone global here.

Tuesday, November 21, 2017

Laurel Delaney: 7 Tips to Get Paid on International Deals

©iStock/Wara1982
Collecting money from your overseas customers doesn’t have to be painful. The first rule of thumb: Never sell on open account — no ands, ifs or buts! Got it? Open account means you ship goods or sell services without any guarantee of collecting payment on a transaction. Here are seven ways to get paid on international deals.

7 Tips to Get Paid on International Deals by Laurel J. Delaney

Monday, November 20, 2017

Today in Global Small Business: The Logic of Being Global

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

Saturday, November 18, 2017

The Sun Makes Ice Melt

©2017 Laurel J. Delaney.  All rights reserved.
"Constant kindness can accomplish much. As the sun makes ice melt, kindness causes misunderstanding, mistrust, and hostility to evaporate." -- Albert Schweitzer

Friday, November 17, 2017

Hiring Abroad Doesn't Come at the Expense of U.S. Workers

©iStock/shironosov
U.S. President Trump assumes that when U.S. multinationals expand abroad, it necessarily reduces the number of people they employ in the U.S.  But this assumption is wrong, and tariffs would hurt American workers, not help them.
Academic research has repeatedly found that when U.S. multinationals hire more people at their overseas affiliates, it does not come at the expense of American jobs.  How can this be?
Read more:  The 'Exporting of Jobs' Canard (might require registration)

Wednesday, November 15, 2017

Social Businesses Can Cure Poverty

©iStock/PPrat
Nobel winner Muhammad Yunus, who won the Nobel for his work in microfinance, explains how so-called social businesses can make everyone an entrepreneur and remedy inequality.

Yunus encourages us to see the world not through the lens of profit, but of social impact.

He spoke about his book, A World of Three Zeroes: The New Economics of Zero Poverty, Zero Unemployment and Zero Net Carbon Emissions on the Knowledge@Wharton show.

Learn more about why a Nobel Laureate believes 'social businesses' can cure poverty.

Tuesday, November 14, 2017

The Seller Summit

©iStock/mnbb
What is the Seller Summit?  It's tricky.  Amazon recently ran an event, referred to as a Seller Summit, attended by 500 interested in selling via the soon to be launched local version of Marketplace, the third party selling platform which generates more than half Amazon’s total global revenue.  The 500 who attended the event will be on a priority list of those to get an invitation-only to sell via Amazon Marketplace.  (Gee, sounds a little bit like the old Gilt business model where you had to wait to be invited.)

Amazon plans to launch in Australia with both a direct retail presence and an Amazon Marketplace offering of local sellers.
“We held the Seller Summit to encourage and educate Australian businesses on how they can use Amazon Marketplace to take their products to a global audience,” says [Rocco] Braeuniger [Amazon Australia country head].
Read more about how Amazon is quietly building a supplier network for direct sales in Australia.

Monday, November 13, 2017

Today in Global Small Business: Ten Places to Look for Import and Export Help

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

Saturday, November 11, 2017

La Creperie: Best-Kept French Secret in Chicago

 
One of my favorite best-kept French secrets:  La Creperie, the oldest Creperie in the U.S.  I started dining there in 1977.  Still love it.  It's right across the street from the Landmark Century Centre Cinema on Clark Street in Chicago.

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

Friday, November 10, 2017

SMEs Power American Commerce

©iStock/monsitj
Small and medium-sized businesses power American commerce, comprising 99 percent of firms in the country.  Further, technology has changed the global economy and our business landscape several times over, and we're in the midst of yet another fundamental shift.
Thanks to technology, small and medium-sized businesses are able to participate in the global marketplace with much greater ease. This includes marketing, selling, and exporting their products to customers abroad. Despite their size, small companies have an outsized role in global trade, accounting for 98 percent of U.S. exporters and about one-third of merchandise exports.
Read more about how technology is essential to the future of small businesses across America.

Thursday, November 09, 2017

Firms That Export, Are More Productive than Those That Don't

©iStock/AnjoKoanFotografie
The Uganda Women Entrepreneurs Association Limited (UWEAL) is joining the rest of the world to celebrate the Month of Women Entrepreneurs (MOWE), which is a global event that is celebrated in November with the aim of appreciating women's success and inspiring millions of others that are still held up in the confines of cultural and gender-norms or lack capital, information and knowledge to start a business.
“According to our 2017 research, among 210 women in Kampala, only 44 (21%) are exporting and yet Uganda has secured huge markets in China, USA, European Union, as well as COMESA. The truth is, firms that export earn more, pay more, employ more and are more productive than firms that do not export,” Gudula noted.
Read more about women in business to receive export training.

Wednesday, November 08, 2017

90 Percent of Businesses in Bahrain Are SMEs

©iStock/eugenesergeev
According to a 2017 international entrepreneurship analysis, the Global Entrepreneurship Development Institute (GEDI) ranked Bahrain 34th out of 137 countries and fifth in the Mena region.
It is estimated that around 90 per cent of businesses in Bahrain are SMEs, and their contribution accounts for about 30 per cent of the kingdom’s GDP. Recently, the World Bank listed Bahrain among the world’s top 10 most improved economies for adopting reforms that make it easier to start and operate small and medium-sized Enterprises (SMES).
Luckily, Microsoft has launched its Microsoft 365 Business in Bahrain, a multifaceted workplace solution to cover productivity, admin and security needs of the SME sector.

Read more about how Microsoft 365 Business launched in Bahrain.

Tuesday, November 07, 2017

New Gen Startup Campus in Johannesburg, South Africa

©iStock/ViewApart
Virgin Group founder, Sir Richard Branson, will open the 10th anniversary celebration of Global Entrepreneurship Week (GEW) by participating in the launch of a new startup campus in Johannesburg, South Africa.

The campus is the first one opened by the Global Entrepreneurship Network - offering direct and virtual support services to entrepreneurs throughout Africa as well as access to an international network of mentors, investors and entrepreneurial support organizations.

Learn more ... new Gen startup campus, 22 on Sloane, in Johannesburg, South Africa.

Monday, November 06, 2017

Today in Global Small Business: PayPal Marketplaces Goes Global

©iStock/pressureUA
What's affecting me, my clients, my colleagues and other global small business owners:
  • How do you create a workplace that works?  Joselyn DiPetta at Google, and Managing Partner, Present Possibility, will address that topic in the next WEGGinar™ held on Wednesday, December 6 at 11:00 a.m. Central time. WEGGinar™ is no charge but you must sign up to attend: https://register.gotowebinar.com/register/1837790091765976835.
  • Alibaba sets up a hub for small businesses to go global.
  • E-commerce offers significant opportunities to the logistics industry. 
  • PayPal Marketplaces goes global.  What is PayPal Marketplaces and how does it differ from regular PayPal?  Find out here.
  • Learn how two e-commerce giants -- one being Amazing -- are trying to export their success.
  • Discover not 1 but 27 social media tools that will help you become a savvy global marketer.

Saturday, November 04, 2017

I Say a Little Prayer

©2017 Laurel J. Delaney.  All rights reserved.
A song written by Burt Bacharach and Hal David for Dionne Warwick, "I Say a Little Prayer," originally peaked at number four on the U.S. Billboard Hot 100 pop singles chart in December 1967.

Friday, November 03, 2017

How to Become a Savvy Global Marketer

©iStock/royyimzy
Below is an article I [Laurel Delaney] wrote on ways to harness the power of affordable social media tools and take the conversation to a whole new level of global growth for your business.

27 Affordable Social Media Tools for Savvy Global Marketers

Thursday, November 02, 2017

Boosting International Trade for Small Businesses

©iStock/monsitj
The World Trade Organization (WTO) says that helping small enterprises enter global markets "will go a long way to making the trading system more inclusive and improving the lives of individuals and communities around the world.”

WTO seeks to open trade opportunities for small firms.  Some of the biggest challenges for them on international trade include but are not limited to:
  • Lack of appropriate information and skills
  • Lack of trade finance
  • Burdensome customs procedures
  • High fixed costs
Read more about how the World Trade Organization wants to raise the voice of small enterprises in trade and enable them to prosper across borders.

Wednesday, November 01, 2017

Global Expansion is Gathering Speed

©iStock/Kicha011
Some of the world’s best known companies from Amazon.com Inc. to Volkswagen AG are ramping up spending on new plants and equipment after years of caution. For an international economic expansion already gathering speed, that could prove a boon.
Amazon is spreading its international reach with operations in India, Australia and Latin America. It also has invited U.S. states and local governments to submit proposals for a new headquarters that will cost $5 billion and create 50,000 jobs over the next 15 to 17 years.
According to Mark Vitner, senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina, “Small business owners are definitely spending more on equipment."  He goes on to say, “This marks a real change and partly reflects the improved regulatory environment, which is seeing less new regulation coming on line.”

Read more about how the missing piece of the global growth is finally starting to fall into place.

Tuesday, October 31, 2017

Untold Opportunities for Women

©iStock/IPGGutenbergUKLtd 
In his opening remarks, Navin Seeterram, Trade and Business Development manager, Trinidad and Tobago Chamber of Industry and Commerce, said there were still untold opportunities for women especially with regards to the development of the private sector and diversification of the economy.
The session titled Entrepreneurship: A Female Perspective, featured four of T&T’s leading female entrepreneurs—Kristine Gibbon-Thompson from Chuck E Cheese’s, Dominique Lewis from Amare Probiotics Limited, Angella Persad from The Office Authority, and Jacqueline Francois from Oscar Francois Limited.
Seeterram conceded later on in the program that gender equality was an issue which needed to be addressed in a significant way.

Read more about how female entrepreneurs are encouraged to step up.

Monday, October 30, 2017

Today in Global Small Business: Shipping Container House Delivered by Amazon

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

Saturday, October 28, 2017

Strike It Lucky

 
Looking for bowling with premium lanes, live DJs with state-of-the-art sound system, and luxurious, modern decor coming together for a one-of-a-kind atmosphere?  Lucky Strike Chicago has you covered.  Check them out here.

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

Thursday, October 26, 2017

Why Global Trust is Waning

©iStock/Jacob Ammentorp Lund
We all know to excel in this world you must develop trust and articulate a value far beyond the numbers to different audiences worldwide.

Global trust in large businesses is waning, yet recent studies show that trust is highest amongst people’s friends, neighbors, and communities – the places where small businesses thrive.

The good news is that new digital tools are making it easier than ever to start and run a global business and we are in an environment where investors are constantly looking for opportunities to diversify.

However, small businesses still struggle to grow.

Learn about the real strength and value of small businesses here.

Wednesday, October 25, 2017

Why Hong Kong Is an Ideal Base for Global Business

©iStock/danielvfung
With cross-border e-commerce growing bigger and faster, it is worth noting that an increasing number of retailers are choosing Hong Kong as their base location.  It's an ideal market where cross-border retailers can grow two to three times faster than the global average.
Today, e-commerce has effectively removed the entry barrier for starting a new business, giving a platform for small and new retailers to compete on the same level as those who are more established and globally recognized. This results in a burgeoning cross-border market where local startups can go global even without physical market presence.
To make it happen though, you will need a trusted, reliable global business logistics provider.

Tuesday, October 24, 2017

Sensational: 3rd Annual Global Small Business Forum Held in Chicago


Our Global E-Commerce Explosion (#GEE) was a sensational success.  Special thanks to our Event Sponsor, MB Financial Bank and to our Event Host, Loyola University Chicago, Center for International Business, Quinlan School of Business for their support on this program.

Our amazing speakers were as follows:
  1. Marc Schulman, President, Eli's Cheescake
  2. Richard Paullin, International Trade Association of Greater Chicago
  3. James Kornacki, Chief Wine Revolutionary, Ullo
  4. Andrea Sreshta, co-founder, LuminAID
  5. Lil Mohan, Entrepreneur and Academician
  6. Jennifer Bayon, Vice President of International Sales, Paris Presents
  7. Alexander Lans, Founder and CEO, Foal LLC 
In addition, we thank all other important participants:  vendors, moderators, Major Partners, and helpers.  See the full line up of speakers and moderators here.

The Forum enabled attendees to set an e-commerce strategy, improve their online selling techniques, drive more sales, expand globally, and more.

We encourage everyone who attended the Forum to keep the conversations going and connect with all the people you met to grow your business globally.

Get ready for the 4th Annual Global Small Business Forum held Friday, September 19, 2018 in Chicago.  See you there!

Photos courtesy:  @2017 GSBB Media LLC.  All rights reserved.