Wednesday, April 25, 2018

LED Lighting Solution Company Switch Made Opens New Global Hub Office in Dubai

©iStock/Tailex
A leading manufacturer of LED lighting solutions revealed it is further expanding its operations in the UAE with the opening of a new global hub office in Dubai.  The company is Switch Made.
The unveiling of the global base of Switch Made in the UAE complements the call by French President Emmanuel Macron to enhance the role of French companies in international entrepreneurship, it said.
Switch Made has already been associated with several landmark projects in the UAE.  Learn more about them here.

Tuesday, April 24, 2018

The Grand Prize Winner is Umbulizer

©iStock/gustavofrazao
The annual MIT IDEAS Global Challenge showcase and awards ceremony recently took place.  The grand prize winner of $15,000 went to Umbulizer, a team developing a low-cost, portable ventilator — made by modifying and simplifying the machinery — for patients in rural areas where medical resources are scarce and unreliable.
“High-end ventilators are not affordable for hospitals in Pakistan. We’ve basically simplified the model” to make them less expensive, team member Moiz Imam, a senior in mechanical engineering, told MIT News.
The Umbulizer team — including Sanchay Gupta, a Harvard Medical School student, and Hamza Khan, a Harvard Business School student — is developing an automated ventilator that keeps only four critical functions, reducing the price to around $2,000.

Learn more about Umbulizer and read the entire article to discover all the inventions with social impact that won awards at the MIT IDEAS Global Challenge.  Congrats to Umbulizer!

Monday, April 23, 2018

Today in Global Small Business: Japan's Retailers Benefit From E-Commerce and Overseas Expansion

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

Saturday, April 21, 2018

Candy Heaven

©2018 Laurel J. Delaney.  All right reserved.
The Cafe & Bar, located at Dylan's Candy Bar on Chicago's Magnificent Mile and inside the world-famous Tribune Tower. Visit the Cafe & Bar along with two floors of candy heaven.  A complete Midwest must.

Friday, April 20, 2018

The Inspiration Behind Compas Global

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Knowledge@Wharton interviews Yin L. Yin, founding member and the COO of Compas Global, a three-year-old Silicon Valley provider of enterprise software that lets companies view, analyze and plan their global growth strategy on one aggregated dashboard.

The inspiration behind Compas Global was the ability to help technology companies do global expansion in a more structured and efficient way.

Read the interview here.

Thursday, April 19, 2018

The Global Development of the French Economy Report

©iStock/MarcelloLand
The report below by Business France sheds light on the twin aspects determining the international development of the French economy, highlighting the gains to be made by businesses through the interplay between foreign investment and international trade.  BF can already see that companies that invest more often in France are also among those that export the most.

This is the role of BF, which is responsible for helping foreign investors prosper in the country, assisting them at every step of the way, and laying the groundwork for future prosperity.

Go here to access the report, which includes a listing of the top 5 American exporters in France (2016).

Wednesday, April 18, 2018

Export 24/7

©iStock/FotoCuisinette
Despite global economic uncertainty, the spirit of creativity and innovation are still driving the growth of companies globally and that's largely due to perseverance.  Small businesses should take advantage of technological innovations to connect with new customers and look to grow on a global scale. There are so many opportunities out there, waiting to be seized.

Yes, exporting can be intimidating but to help, FedEx compiled a list of tips for successful global expansion.

Tuesday, April 17, 2018

10 Tips to Get You Ready for International Expansion

©iStock/z_wei
Back in the day when I was selling food products overseas, I [Laurel Delaney] received an order for one million bags of snacks. At the time, I was just getting started exporting food products, and a customer in Japan wanted to import the snacks for sale at a major baseball park.

My reaction? You can probably imagine.  It went from a feeling of euphoria to panic:  how will we ever service the order? 

It was a sign we had to go global or remain local. Let’s use my experience to walk through 10 tips to get you ready — just as I had to — for international expansion.

Read more to find out whether your business is ready for international expansion.

Monday, April 16, 2018

Today in Global Small Business: Factors to Consider When Taking Your Website Global

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

Saturday, April 14, 2018

How Electricity Travels Inside Wires

©2018 Laurel J. Delaney.  All rights reserved.
"We believe that electricity exists, because the electric company keeps sending us bills for it, but we cannot figure out how it travels inside wires." -- Dave Barry

Friday, April 13, 2018

SMEs Are Increasingly Looking Beyond the EU for the Future Growth Plans

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Brexit is requiring small businesses to fundamentally reassess the way they do business internationally, with small business owners being forced to adjust to a vastly different trading landscape. That means looking beyond the European Union to new international markets to facilitate growth and expansion.

Many are investigating market that have a dedicated Amazon and eBay national site, a useful medium for online retailers seeking to break into new markets. "EU countries are still a major target for SMEs expansion plans, with 50% saying Germany was a priority foreign market, 44% saying France and 24% saying Italy," according to the Financial Director.
However, SMEs are increasingly looking beyond the EU for their future growth plans. 70% said that the US was a key priority for expansion, 41% said Australia and 27% said Canada, clearly indicating that large, developed and English-speaking nations lead the way outside of the EU. Beyond that, 16% said China was an opportunity for expansion, 12% said Japan and 9% said India.
Read more about how SMEs should tackle Brexit.

Thursday, April 12, 2018

Artistically Made Maps Show How the World Viewed India Over the Centuries

©iStock/marzolino
As the article published in Quartz says:
Standing in front of these [India] spectacular maps, it becomes all the more clear what we stand to lose as cartography dies out in an era of GPS navigation and apps that do all the work for you. But preserving and protecting these rare maps is a challenge, especially in India where heritage conservation is often an afterthought, and it falls upon private collectors to keep these historic pieces safe.
Discover how a beautiful collection of rare maps shows how the world viewed India over the centuries.

Tuesday, April 10, 2018

Borders Are A Tumbling Down

©iStock/Thinglass
Remember Carol King's song "I Feel the Earth Move?"  Here are the lyrics:

"I feel the earth move under my feet 
I feel the sky tumbling down 
I feel my heart start to trembling 
Whenever you're around … "

Well try some new lyrics:

I feel the earth move under my feet 
I feel the borders tumbling down 
I feel my heart start to trembling 
Whenever I conduct global business … 

In all seriousness, the modern business picture is very different from the old established ways — and your business can take advantage of the potential that going global right from the start can bring to your business.

Let's have a look at why modern businesses should go global.

Monday, April 09, 2018

Today in Global Small Business: How SMEs Are Unlocking Global Growth

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

Saturday, April 07, 2018

Let the Path be Beautiful

©2018 Laurel J. Delaney.  All rights reserved.
"If the path be beautiful, let us not ask where it leads." -- Anatole France

Friday, April 06, 2018

How Can Small Businesses and Entrepreneurs Implement Artificial Intelligence (AI)?

©iStock/chombosan
Matt D'Angelo, covering technology for Business.com, interviews John Sculley, former CEO of Apple and former President of Pepsi. Sculley helped build these gigantic brands and he now believes that artificial intelligence is going to change the face of small business and marketing.

One of the questions D'Angelo asks of Sculley during the interview is:
Q: How can small businesses and entrepreneurs implement artificial intelligence today?

A: Many marketing services are now embedding machine learning technology into their solutions. Many consumer companies are making the transition to personalized marketing. AI will be foundational for consumer products and services that want to target a specific consumer based on detailed personal data and match it with predictions of what might appeal to them. Oil and electricity fueled the 20th century world. Now smart data is the fuel for the 21st century world. 
Learn more from Sculley on what impact AI will have on small business marketing and discover his new enterprise, Zeta Global.

Thursday, April 05, 2018

How to Experience a Master's Degree Program Different From Your Own in Another Country

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A good global education offers students exposure to complex issues facing business and society in different regions of the world.  It also offers a great travel and networking experience.
“I think [the Global Network Weeks] went really well,” de Paz [Managing Director of Global Initiatives] said. “Each school offers a module in which they have expertise, and students benefit from that knowledge that is not available at their home schools. It is always insightful [for students] to learn about master’s degree experiences different from their own in other countries and with different programs.
Learn more about how global education offers international exposure.

Wednesday, April 04, 2018

Ditching Cash on International Trade Transactions

©iStock/dmbaker
Browns of Brockley, southeast London, is among a growing number of small businesses in the U.K. that are ditching cash.
A recent report by ForexBonuses, a global trading website, found the U.K. is the third most cashless country in the world, after Canada and Sweden. Debit cards are forecast to overtake cash payments for the first time ever across the country this year, according to trade association U.K. Finance.
Read more about how a small firm started ditching cash and it's been great for business.

Monday, April 02, 2018

Today in Global Small Business: The International Trade Tariff Battle

©iStock/cbles
What's affecting me, my clients, my colleagues and other global small business owners:
  • Join us for a WEGGinar™, How a Wicked Road Trip to Minturn, Colorado Inspired a Thriving Global Design Business, held on Wednesday, April 4 at 11:00 a.m. Central time and presented by Julia Knight, founder of Julia Knight Collection.  Julia is the winner of the President's "E" Award for Exports, which was created by the Executive Order of the President of the United States. The WEGGinar™ is free of charge thanks to the generous support from IBM, UPS and Bank of America but you must sign up to attend: https://register.gotowebinar.com/register/8918865979114339587.
  • Chicago-area businesses are on the opposite side of the tariff battle.
  • When it comes to the total number of students who are studying for full degrees at IDC Herzliya at the international school, it makes the IDC Herzliya the most international university in the country.
  • Ever hear of IDC Herzliya?  I hadn't until now.
  • Ever hear of Hult?  Now you have.
  • And then there is Thunderbird where you can stand out in a world of possibilities.