Friday, December 14, 2018

Selling to Japan: What Works

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Sheer determination and superhuman patience will get you to the Japanese border, but it will take a unique product and smart marketing to get you in.  Japanese consumers are always ready to sample imported goods, but my [Laurel Delaney's] experience has shown that there are eight common denominators of successful products.

Here they are.

Thursday, December 13, 2018

How Do You Keep Things In Balance?

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Internationally recognized executive coach, educator and author John Baldoni says, "While confidence is an attribute that every leader must manifest, taken in too large of a dose can cause the ego to inflate. That can lead to a sense of misplaced invincibility, that you can do it all. The challenge is to find balance. Know that you must continue to earn your keep, as well as maintain the sense of accomplishment that you belong."

How do you keep things in balance?  How do you keep it real?

Mystery solved and Paul McCartney is involved.

Wednesday, December 12, 2018

Do Entrepreneurs and Small Business Owners Support Trump?

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Are the Trump administration and Congress doing more for large corporations than they are for small business owners?  According to a new national survey of 1,225 entrepreneurs from the Kauffman Foundation, conducted by Global Strategy Group and Public Opinion Strategies, it seems so.
Considering that Trump lost the popular vote in 2016, he will need every scrap of support he can get to win in 2020, and judging from this new survey data, he may not be able to rely on entrepreneurs and small business owners to get there.
Read the entire article here to find out whether small business owners support Trump.

Monday, December 10, 2018

Today in Global Small Business: Best Small Business Apps

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

Saturday, December 08, 2018

Pulse of America

©2018 Laurel J. Delaney.  All rights reserved.
"I adore Chicago.  It is the pulse of America." -- Sarah Bernhardt 

Thursday, December 06, 2018

Climate Change to Have Consequences Worldwide

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Climate change is expected to have consequences worldwide, especially in Africa. Harvests will be affected, threatening agricultural outputs. This is said to hurt farmers and lead to greater food insecurity.
But there hasn’t been much discussion about what effects climate change will have in other areas – like in the continent’s small and medium business sector. This is a worrying oversight.
Research, conducted in Zambia and Botswana, revealed that businesses activities faced major disruptions during the 2015/2016 El Niño event.

Learn more about how small businesses in Africa will be on the frontline of climate change.

Wednesday, December 05, 2018

Know the Hows of Corporate Etiquette and the Values Behind Different Traditions

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When doing business around the world, learning and honoring the way people in other countries greet one another, or give gifts, or even gesture, drink, and speak is just the tip of a cultural iceberg.

Martin J. Smith adds:
But understanding the values that lie beneath those behaviors—the attitudes, beliefs, ideologies, and philosophical or spiritual perspectives—can enable you to negotiate the iceberg rather than plow into it.
He goes on to say "We see things above the surface that look like business etiquette, but which underneath are really driven by some centuries-old cultural ethos."

Read the entire article on cultural advice you need before taking your business global.

Tuesday, December 04, 2018

Start Small With a Passion and Determination and Then Go Big

©iStock/gustavofrazao
Whether it was in someone’s garage, a local café, or a car traveling to their first customers, many multinational companies started small with the passion, vision, and determination of a few individuals.
Ask any Founder/CEO and they will likely tell you something similar to this: the road from entrepreneurship to executive can be daunting and will take time. While this is true, there are ways to make this road a straighter path.
Here are a few things to know about to make your journey easier.

Monday, December 03, 2018

Today in Global Small Business: 4 Ways to Transform the SME Global Market

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What's affecting me, my clients, my colleagues and other global small business owners:
  • Top 10 December events in Slovakia.
  • Do you feel comfortable delivering bad news? Do you look forward to speaking in public? Do you enjoy networking? Is it easy for you to speak your mind and be assertive with friends and colleagues? If you answered no to any of these questions, this [free] wegginar can help you on 12/5. Register here and get ready to start the new year with powerful growth.
  • Execution is everything:  here's the number one reason why.
  • Quote of the week:  "For more than a decade, I led an organization that put on an elaborate Christmas program each December. It was a big production, with over 250 people participating in more than 20 performances. By the end of the season, everyone who participated was exhausted." -- John Maxwell
  • Being an American brand, and why it matters in a global marketplace. 
  • Crossing the digital border:  4 ways to transform the SME global market (PDF).

Friday, November 30, 2018

The Business of Doing Global Business Easier

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Over 250 million companies around the world transact goods and services worth US$120 trillion annually - making the opportunities in international trade tremendous for the businesses involved.
The potential for a single business to transact with hundreds to thousands of buyers or suppliers around the world should be the dream of any business owner. However, it is typically the larger corporations - and even so only a fraction of them - that are able to internationalize successfully.
Come 2019, businesses will be able to access, retrieve and exchange key information relating to themselves and their trading partners through the Mastercard Track Trade Directory, a secure central database with over 150 million companies registered worldwide.

Learn more about Mastercard Track Directory and how to make the business of doing global business easier.

Thursday, November 29, 2018

b_verify: Disrupting and Redefining the Global Supply Chain

©iStock/siraanamwong
Despite their scope and impact, SMEs have a harder time getting financing than larger established firms. According to the World Bank, it is estimated that their global financing shortfall is around $2.6 trillion.
“The potential benefits are vast and global in scale,” said Gerry Tsoukalas, Wharton professor of operations, information and decisions, who was part of the team [from MIT, Wharton and Boston College]. Small and medium-size enterprises, he said, represent the backbone of many economies in the world, and they account for more than half of the jobs as well as a third of global GDP.
This leads to the creation of a new blockchain-based system that has the potential to disrupt the global supply chain. Called ‘b_verify,’ the system is designed to help small and medium-size enterprises — especially those in developing nations — get financing from lenders at potentially better terms while mitigating warehouse deposit fraud.

Learn more about 'b_verfiy', the benefits, and how it can disrupt the global supply chain.

Related paper:  Blockchain and the Value of Operational Transparency for Supply Chain Finance

Tuesday, November 27, 2018

Giving Tuesday Is Trying to Go Global

©iStock/MillefloreImages
Giving Tuesday is trying to go global. Which, according to a Brit, is a tough sell, given what it considers its links to the all-American festival of Thanksgiving.
Here in London, my friends and I have been bombarded with advertisements for Black Friday and Cyber Monday. (What Amazon can flog in Boston, Amazon will flog in Belgravia.) Small Business Saturday has also taken off, largely as a social media opportunity for UK politicians to be photographed enthusiastically at small businesses in their constituency. (The basics of local politics also cross borders.) Unmoored from any connection with Thanksgiving, it is marked on the first Saturday in December as a build-up to Christmas shopping.
The USA serves as a role model by paving the way to interconnect with the world.

"The culture of American exceptionalism that has graced this nation since our founding encourages risk-taking. In the U.S., more so than anywhere else, success born of risk-taking and innovation is handsomely rewarded, and failure is viewed properly as a tool for learning." -- Source

And by the way, we have friends and colleagues worldwide who participate in monthly wegg® wegginars®.  This is the time of year to give back and do something kind for organizations like wegg that help thousands of individuals receive opportunities they wouldn't normally have without the support of these great nonprofits.

Read more about the concept of Giving Tuesday and how it is going global.

Monday, November 26, 2018

Today in Global Small Business: Beautiful Destinations Around the World

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

Saturday, November 24, 2018

Pick Me Up Cafe: Open in Chicago When You Are

Founded in Chicago in 1997, Pick Me Up Cafe was one of the first restaurants in the city to offer vegan and vegetarian fare.

PMU Cafe prides itself on being able to serve people with all types of food preferences.  The food is delicious with plentiful portions. Plus, you can see by the photos what a treat it is to visit.  Oh, and did we mention it's within walking distance of the 'L' red line train stop at Addison near Wrigley Field?

Photos courtesy:  @2018 Laurel J. Delaney.  All rights reserved.

Friday, November 23, 2018

Using LinkedIn to Grow Your Business Globally

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Before you develop your LinkedIn strategy and promote your domestic business to a global audience, here are five things you should consider.
  1. Understand who your prospect is and go beyond local limits.
  2. Understand LinkedIn specifics and how you can best leverage them to go global.
  3. Write your LinkedIn headline in a way that will leave your international prospects thinking, "Yes!"
  4. Write an attractive LinkedIn summary -- not a resume, but something that might help the reader with a specific need.
  5. Understand the cultural habits and customs of the people you are trying to reach.
Read the entire article here.

Wednesday, November 21, 2018

Is There No Such Thing As a Simple Global Marketing Strategy?

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Today’s international frontline marketers have quickly learned that there is no such thing as a simple global marketing strategy. They know that local nuances and cultural differences can put the kibosh on—or put an end to, make less effective, insert local phrase here—even the most well-meaning of top-down strategies. At least that is what Lauren McMenemy says.

Is a global marketing strategy really necessary for your business? If you were to develop an ad campaign in the United States, do you think the same campaign would be effective in France? In this article Laurel Delaney examines why it’s important to create a global marketing strategy for your business (no matter what size it is) and what the benefits are to crafting one.

Meanwhile, you can read Lauren's entire article about how a great global marketing strategy rests on local execution.

Tuesday, November 20, 2018

Business Is a Global Affair to Remember

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It’s fair to say that certain countries are leading the way in terms of efficiency and productivity.  Business is truly a global affair.
Longer working hours doesn’t always equal greater productivity, it’s often about working smarter, not harder. Now that most multinational corporations now have bases all over the world, it’s becoming increasingly important to be aware of cultural business trends and increasing productivity across the workforce.
What are the top five most productive countries and how do they achieve this status?  They are as follows:
  1. Luxembourg
  2. Norway
  3. Switzerland
  4. Denmark
  5. Iceland
Read the entire article to find out who is doing productivity right and discover how a business can improve productivity.

Monday, November 19, 2018

Today in Global Small Business: Export Compliance is a Global Must

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

Saturday, November 17, 2018

Summer Collapsed Into Fall

©2018 Laurel J. Delaney.  All rights reserved.
"And all at once summer collapsed into fall." -- Oscar Wilde

Friday, November 16, 2018

Billions of People Have Been Enriched Through Global Trade

©iStock/AntonioGuillem 
Michael L. Corbat, CEO of Citi, write an opinion piece for The Wall Street Journal, "America Has a Surplus in Services."  He says that arguments about the balance of trade often focus only on goods.  That misses half the equation.
Last year the U.S. trade surplus in services came to more than $250 billion, brining the total trade deficit down to around $550 billion.  the Economic Report of the President issued in February put it this way:  "Focusing only on the 'trade in goods along ignores the United States' comparative advantage in services, which rose as a share of U.S. exports to 33.5 percent through 2017."
Read the full Opinion piece by Mr. Corbat here.

Thursday, November 15, 2018

Stop Wasting Time and Start Saving Money on Corporate Travel

©iStock/Yevhenil Dubinko
From the travel entrepreneurs who brought you KAYAK, comes a time-saving, money-saving way to manage corporate travel.  It's called lola.  And they have just formed a partnership with American Express Global Business Travel.

Learn more about lola.

Wednesday, November 14, 2018

What Is Globalization and How Has the Global Economy Shaped the United States?

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What is globalization and how has the global economy shaped the United States?  The Peterson Institute has all the answers with its newly launched and very first microsite, titled "What Is Globalization?

This interactive feature explains a term that has become toxic, especially in today's political environment. The goal is to educate the public and clarify misconceptions about globalization's impact. Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the advantages.

The Peterson Institute's new microsite covers:
  • Why historical context is import.
  • How trade helps each side.
  • Demystifying job effects.
  • Measuring the benefits vs. costs.
  • The difficulties facing US-China Trade
  • How to sustain globalization through policymaking.
Visit the What Is Globalization microsite.

Tuesday, November 13, 2018

Why Some Emerging Economies Outperform the Rest

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Emerging economies have accounted for almost two-thirds of the world’s GDP growth and more than half of new consumption over the past 15 years. Yet economic performance among individual countries varies substantially.

Why do some emerging economies outperform the rest?  What's the secret to their success?

Find out how high-growth emerging economies and the companies that propel them become outperformers.

Monday, November 12, 2018

Today in Global Small Business: A Few Things You Should Know About Disputes with Chinese Companies

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

Saturday, November 10, 2018

Warm Pizza Box On Your Lap

©2018 Laurel J. Delaney.  All rights reserved.
"There's no better feeling in the world than a warm [Pizano's] pizza box on your lap." -- Kevin James

Friday, November 09, 2018

The Missing Silver Bullet for Women Entrepreneurs

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Even where women are starting businesses at relatively high rates, their profits and growth are constrained relative to their male counterparts.  Take Asia and the Pacific.  They stand to gain 70 percent in per capita income within roughly two generations by eliminating gender disparities in employment, including in the area of entrepreneurship. Increasing women’s entrepreneurship is good for national banks and citizens’ wallets alike.
In Cambodia, for example, less than 1 percent of businesses with more than 10 employees are owned by women, and women’s entrepreneurship rates in South Asia are among the lowest in the world, with less than one in 10 SMEs owned by women. 
What explains this persistent gender gap in entrepreneurship across the region, how can it be overcome, and does it matter?

Read more about the missing silver bullet for women entrepreneurs.

Thursday, November 08, 2018

Let's Celebrate Global Entrepreneurship Week

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Discover how to get involved in #GEW2018 this November 12-18.  What's Global Entrepreneurship Week (GEW)?
During one week each November, thousands of events and competitions in 170 countries inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. Powered by the Kauffman Foundation, the initiative is supported by dozens of world leaders and a network of more than 15,000 partner organizations. GEW is held November 12-18, 2018.
At the Global Small Business Blog, we practice global entrepreneurship every single day of the year.

How do you plan to celebrate?  What will you do to foster entrepreneurship -- join GEW, find an event or create one?

Read more about Global Entrepreneurship Week (GEW).

Wednesday, November 07, 2018

Accessible Marketing Automation Options to SMBs Globally

©iStock/Falani
Here's how ideas start.  Usually it begins with some form of pain and trying to solve a problem.
"I was looking to solve my own pain and at the same time, I could see marketing automation companies in the US were growing fast but were not catering to Brazilian customers," [Eric] Santos [founder of RD] says.
Santos's Brazilian B2B software firm Resultados Digitais (RD) is moving forward with an international expansion plan focused on offering accessible marketing automation options to small and medium businesses (SMBs) globally.

Read more about a Brazilian company's digital marketing plan that targets international expansion.

Tuesday, November 06, 2018

A Force to be Reckoned With: Global Star Serena Williams

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Serena Williams is a force to be reckoned with.  Under pressure, she displays grace.  When really cornered, she pivots away to a place that brings her even more power:  to herself.

Fact:  Serena Williams has nearly 11 million followers on Twitter, 10 million on Instagram and more than 5 million on Facebook.

Serena Williams is not on this planet for status quo.  Learn how she is redefining what it means to be a global celebrity and star athlete.

Monday, November 05, 2018

Today in Global Small Business: Small Biz Tech News You Can Use

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

Saturday, November 03, 2018

Chicago Is Work

©2018 Laurel J. Delaney.  All rights reserved.
"I'm impressed with the people from Chicago.  Hollywood is hype.  New York is talk.  Chicago is work." -- Michael Douglas

Friday, November 02, 2018

Shop, Eat, Drink and Celebrate Small Business Saturday

©iStock/phillyskater
American Express prepares for its ninth annual Small Business Saturday®, taking place nationwide on November 24.
Small Business Saturday, founded by American Express in 2010, is held each year on the Saturday after Thanksgiving to encourage people to shop at independently-owned businesses online and at storefronts across the country.
Find out the benefits beyond strengthening and supporting your local community when you shop small.

Wednesday, October 31, 2018

Who Will You Inspire Today?

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One never knows who may be inspired by what you do.  Take Rana Campbell.
“I mentored a freshman in our dance company at college, and, five years later, she’s working for ‘The Tonight Show with Jimmy Fallon,’” Campbell said. “She reached out to me because she had heard my podcast interview with a stuntwoman in ‘Black Panther,’ Janeshia Adams-Ginyard, and invited me on the show."
Read more about who you inspire today can help you grow your tribe.

Tip:  Collaboration is far more important than competition.

Tuesday, October 30, 2018

Atharva Enterprises: Capturing the International Market

©iStock/Nikhil Patil
From turning her childhood hobby into a successful business. Kalpana Gayikwad, 35, is the proud owner of Atharva Enterprises, a company that makes diyas, which recently went international, having already captured the national market over the last few years.
Kalpana has 18 women employees, most of them mothers, working to ensure a good future for their children. They earn Rs 6,000-Rs 8,000 every month for around six hours of work daily.
Learn more about her story here.

Monday, October 29, 2018

Today in Global Small Business: Ripple Is About to Make Waves Globally

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

Saturday, October 27, 2018

The Party Grill

©2018 Laurel J. Delaney.  All rights reserved.
Every meal is a party time.
Perfect for "around the clock" use
Breakfast treat to TV snacks.

The all new Sunbeam automatic electric Party Grill.  (Circa 1965).

Friday, October 26, 2018

Look Beyond Borders to Trade Internationally

©iStock/AlbertPego
No matter the challenges, Scottish businesses have always ventured out into the world with confidence, rather than turning inward.  And they have extra support through ScotExport 2018, which provides the right information and access to people and organizations that will allow a company to look beyond borders to trade internationally.
"This is where companies can find out more about how to take that next step to exporting or expand on already healthy international trade.  ScotExport also provides access to the wide range of support that Scottish Enterprise, SDI, and our partners in the public and private sectors can provide to exporters.”
Learn more about how easy it is to get set, connect and go global.

Thursday, October 25, 2018

Helping SMEs Across the UK Unleash Their International Potential

©iStock/Khongtham
FedEx Express has launched a Small Business £20,000 Grant that aims to help SMEs across the UK unleash their international potential by providing a platform to go global and expand their horizons.

“Small and medium businesses are the backbone of the economy and in order to help fast-track their growth, more often than not a ‘boost’ is required in terms of funding," says Martin Davidian Managing Director, Sales, UK North and Ireland, FedEx Express and TNT.

To enter the Small Business Grant, SME owners must register online and showcase their international ambitions and future business success for the judges’ consideration -- up until November 28.

Read more about the grant that helps boost British SMEs.

Wednesday, October 24, 2018

Say hello to K-beauty

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The global beauty industry is experiencing a revolution driven by South Korea, who tends to be 10-12 years ahead of the rest of the world, helped by the expansion of Instagram, YouTube and beauty blogging.  Say hello to K-beauty, an umbrella term for skin-care products that derive from South Korea.

"The fascination with Korean cosmetics is due to how innovative they are," says Marie Claire's digital beauty editor Katie Thomas.

Before even putting any make-up on, Koreans put in a lot of effort to take care of their skin.  What are some of the unique ingredients in the products?  Brace yourself.
"Snail mucin for moisturizing, pearl for brightening, green tea for oil control and propolis from bees for soothing and nourishing," she [Karen Hong, the founder of K Beauty Bar] reels off.
Learn more about the rise of Korean makeup in the West and how K-beauty is a large part of it.

Tuesday, October 23, 2018

Solving Global Literacy

©iStock/noipornpan
A native of Pakistan, Shafiq Khan was a remarkable digital leader at Marriott International.  He would return frequently to Pakistan, and the state of the country's education system for the poorest members of society were stark. Khan began to connect the dots between the work he did at Marriott and a way to help solve global literacy.  Teach the World Foundation was born.
The company has developed digital tools to help teach those children who cannot afford basic education Pakistan, and the program has expended to Bangladesh, as well.
Read the interview with Shafiq Kahn where he talks about Teach the World Foundation and its mission.

Monday, October 22, 2018

Today in Global Small Business: Keep an Eye on Global

©iStock/LuckyStep48
What's affecting me, my clients, my colleagues and other global small business owners: