Tuesday, January 22, 2019

A Single Genius Cannot Power An Entire Company

©iStock/carmengabriela 
The myth of the omniscient leader has been debunked and for success in this competitive world, entrepreneurial talent needs to hum through the organization.
Once thought to be the sole domain of start-ups or small companies, entrepreneurial talent is a vital engine for larger organisations. One definition is “the ability to discover, select, process, interpret and use the data necessary to take decisions in an uncertain world and, then, to exploit market opportunities."
There are a top 10 countries that have all invested in creating and encouraging entrepreneurial talent. These nations are open economies with a strong emphasis on education. Innovation and talent impact are the areas where they perform particularly well.

Read more to find out which countries are the world's most entrepreneurial, innovative, competitive and talented in 2019.

Monday, January 21, 2019

Today in Global Small Business: My Dream Is

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

Saturday, January 19, 2019

Read Something Sensational on a Train

©2019 Laurel J. Delaney.  All rights reserved.
"I never travel without my diary. One should always have something sensational to read in the train." --Oscar Wilde

Friday, January 18, 2019

New Lifeline to Women Entrepreneurs

©iStock/Deagreez
A global initiative to support women entrepreneurs with financial management resources and mentorship opportunities, called She's Next, has been launched by Visa.  This initiative is in addition to an already existing and independent nonprofit called wegg®, which helps women entrepreneurs and business owners go global.
The purpose of the She’s Next, Empowered by Visa is to encourage women small-business owners as they build, sustain and advance their businesses, the company said. 
She's Next will be supported by the Female Founder Collective, a network of women-led businesses founded in 2018 by fashion designer and entrepreneur Rebecca Minkoff, co-founder and creative director of the Rebecca Minkoff company.

Learn more about how Visa and Rebecca Minkoff have partnered to support women entrepreneurs.

Wednesday, January 16, 2019

The Current State of Entrepreneurship

©iStock/kirisa99
In early 2018, Global Strategy Group and Public Opinion Strategies conducted a national online survey of 2,165 business owners.  This sample included:
  • 764 first year startups
  • 1133 startups that were fewer than five years old
  • 1032 businesses that were more than five years old
Discover the key findings in the report, Breaking Barriers:  The Voice of Entrepreneurs with the ©2018 Ewing Kauffman Foundation.

Tuesday, January 15, 2019

A Lifestyle Shoe Company Expands Its Footprint

©2019 Laurel J. Delaney.  All rights reserved.
Today's Global Small Business Blog test for readers comprises 3 questions:
  1. Which USA company began in a small condo in Manhattan Beach on 26th Street and The Strand in 1992?
  2. How many square feet was their first office?
  3. Where are they today in the grand scheme of things?
Answers:
  1. Skechers -- cornering the world as they design design, develop and market a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women.
  2. 1,800 square feet of space in Manhattan Beach.
  3. Skechers has expanded into a global brand with annual sales of more than $4 billion.
Read more about how Sketchers is celebrating its groundbreaking of company expansion.

Monday, January 14, 2019

Today in Global Small Business: Who Will Lead The World Bank Next?

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

Saturday, January 12, 2019

Make Life a Daring Adventure

©2019 Laurel J. Delaney.  All rights reserved.
"Life is either a daring adventure or nothing at all." -- Helen Keller

Thursday, January 10, 2019

Dubai Exports Promotes Trade

©iStock/Britus 
The export promotion agency, Dubai Exports, of the Department of Economic Development (DED) in Dubai, recently participated in a series of events in Egypt, Ivory Coast and Nigeria as part of its efforts to promote UAE products and services across promising international markets and connect local trade to the best gateways in the African continent.

Ahmed Al Omari, Director Exports Market Development at Dubai Exports, says:
“Dubai Exports is actively pursuing opportunities in Africa and enabling more exporters to reach out to markets within the continent."
He goes on to say:
"Year after year, we see the export capabilities and international presence of our UAE companies steadily increasing and the missions and events we organize contribute to their business development."
Read more about how Dubai Exports promotes trade with Africa through a mission to Egypt, Ivory Coast and Nigeria.

Wednesday, January 09, 2019

USA Small Business Outlook According to NFIB

©iStock/SasinParaksa
The National Federation of Independent Business (NFIB) released, "NFIB Small Business Economic Trends" by William C. Dunkelberg and Holly Wade.

The report itself seems to come across as pretty much optimistic from the view of the SME market lens and their outlook.  However, as the author writes:
And no matter how the NFIB spins Tuesday’s [1/8/19] report, reading from U.S. corporates like Apple (AAPL), South Korean giant Samsung, the U.S. manufacturing sector, the Chinese manufacturing sector, the German industrial sector, and the U.S. services sector all point to a global economy that is, at a minimum, in a lower gear.
Factor this in:
This marked the fourth-straight month of declines for the index and is the largest four-month slide since 2012, according to Bespoke Investment Group.
Read more about how small businesses might be starting to lose faith in the current USA administration.

Monday, January 07, 2019

Today in Global Small Business: Laurel Delaney's Global Trade Trends Report 2019

©2019 Women Entrepreneurs Grow Global.  All rights reserved.  Used with permission.
What's affecting me, my clients, my colleagues and other global small business owners:
  • Listen in on Laurel Delaney's annual wegginar® regarding Global Trade Trends Report 2019.  FREE. Register here.
  • Quick take on Trump's trade war.
  • Battling over copycat brands and trademarks in the e-commerce world.
  • Quote of the week:  "I made no resolutions for the New Year. The habit of making plans, of criticizing, sanctioning and molding my life, is too much of a daily event for me.” — Ana├»s Nin
  • A tariffically bad idea -- a look back on the global trade war that won't go away.
  • Revisiting globalization.

Saturday, January 05, 2019

Dig Deep and Empower Yourself

©2019 Laurel J. Delaney.  All rights reserved.
“Dig deep and empower yourself today.  Stand in your inner strength.  Be uniquely you.” ― Amy Leigh Mercree

Friday, January 04, 2019

Globotics: You Heard It Here First

©iStock/Ryzhi
According to economist Richard Baldwin, "Globalization and AI are primed to disrupt tomorrow’s workplace."  Baldwin's thesis is:
... that globalization and AI robots constitute a “globotics” tidal wave that will shake the foundation of middle-class prosperity in wealthy nations. This, he [Baldwin] argues, will lead to social upheaval, just as 19th-century steam engines and mechanical looms created workplace disruptions that brought workers to the streets in sometimes violent protest.
Learn more about Baldwin's new book, The Globotics Upheaval, published by Oxford University Press, which provides a compelling analysis how a new form of globalization will combine with software robots to disrupt service-sector and professional jobs in the same way automation and trade disrupted manufacturing jobs in the past.

Thursday, January 03, 2019

Curb Your Bad Business Habits in 2019

©iStock/Khosrork
Are you a smart, ambitious, competitive and confident entrepreneur?  Throw in that you have a global mindset too.  Great, you are off to a fantastic start in the new year.  Oops, not so fast.
In fact, those beneficial characteristics can lead to an entrepreneur's downfall. Excessive confidence and unchecked ambition make up a recipe for self-destruction.
According to a ScienceDirect publication, people's deepest impulses become disinhibited when they achieve power.

Follow these three tips to keep bad habits from destroying your business.

Wednesday, January 02, 2019

A Little History on the Global Small Business Blog

©2019 Laurel J. Delaney.  All rights reserved.
Since it is the beginning of a new year, we thought you'd like to learn a little history about the Global Small Business Blog.

The blog was started by Laurel Delaney July 20, 2004 as a vehicle to share global trade information and promote her company's capabilities:  helping entrepreneurs and small business owners go global.  That first year, when no one knew what a blog was, how to use one or how to get started, she posted 54 times.  Here's the first post.  The left side bar shows the number of blog posts each year from 2004-2019.

Since its founding, the Global Small Business Blog has had more than 2,252,775 page views, 3,800 posts and a readership range of between 25,000-75,000 readers on any given month.

The blog is now No. 1 in the world for entrepreneurs and small business owners who are interested in going global.

We've had individuals and companies who have offered to purchase our blog but we are not ready yet -- for there is a time, a place and a right price for everything.

Meanwhile, we continue to provide you, dear reader, with everything you need to take your business global.  At the same time, we look carefully at offers from companies who wish to create a sponsored post on our blog (e.g., here) -- all with the goal of serving you exceptionally.

That's our story or hi[story].  The best is yet to come.

We wish you a fabulous 2019 and thank you ever so much for your engagement and readership to the Global Small Business Blog. Happy New Year!

Tuesday, January 01, 2019

Happy 2019 from the Global Small Business Blog

©2019 Laurel J. Delaney.  All rights reserved.
From your friends at the Global Small Business Blog, Happy New Year!  Make 2019 joyful, global, productive and filled with good health and prosperity.