Thursday, September 19, 2019

The Rise of Women Entrepreneurs in India

©iStock/jacoblund
India has been hailed as one of the fastest growing start-up ecosystem in the world, with 11% of adult population being directly engaged in early stage entrepreneurship.
The share of women entrepreneurs in the modern start-up ecosystem is also steadily rising. According to Sixth Economic Census released by the Ministry of Statistics and Programme Implementation, women constitute around 14% of the total entrepreneurship i.e. 8.05 million out of the total 58.5 million entrepreneurs in India.
What does this mean?

Changing trends in the corporate, social and higher education sector are further enabling women to take a leap and realize their entrepreneurial potential.  These include:
  • Opportunity
  • Education
  • Financial freedom
  • Access to mentorship
  • Social dynamics
  • Way forward
Check out more here.

Wednesday, September 18, 2019

What Would You Do If Your Firm Lost $1.9 billion in a Year?

©iStock/wdstock
Burdened by its persistent loss-making ability, WeWork, an American real estate company that provides shared workspaces for technology startups, and services for other enterprises, could postpone its now controversial IPO until October.  Why?  To get its ducks (offices) in a row.  Here's the scoop.
WeWork is badly in need of more cash, having lost $1.9 billion on revenues of $1.8 billion in 2018. For the first half of 2019, WeWork reported an operating loss of $1.37 billion, more than double the loss for H1 2018. It reported $1.54 billion in revenues in the first half of 2019. The company is on track to exceed its operating losses in 2018.
Feeling the heat from lackluster investor interest and burdened by its persistent loss-making ability, WeWork has some issues.

Tuesday, September 17, 2019

Indiana Business Owners: Grab Your Grant Money to Export

©iStock/artisteer
Indiana secured a U.S. Small Business Administration grant that that will reimburse local businesses trying to reach global markets, such as on trade missions.  All Indiana firms have to do is apply.
The state of Indiana received a $495,000 State Trade and Export Promotion grant from the U.S. Small Business Administration to help small businesses export more Hoosier-made products to markets around the world. It's adding another $165,000 in matching funds, so up to $660,000 in funding will be available to Hoosier small businesses to help them sell their products or services around the world.
Bring on the STEP funding to Indiana and let's open doors to the world for business owners.

Monday, September 16, 2019

Today in Global Small Business: wegg® Workshop 9/18/19 Helps Women Export

©2019 Women Entrepreneurs Grow Global™.  All rights reserved.
What's affecting me, my clients, my colleagues and other global small business owners:
  • Learn how to start and grow a global business at the upcoming on-the-ground wegg® workshop held in Chicago and hosted by Associated Bank on Wednesday, September 18, 2019 from 8:30-11:30 a.m. Central Time.  The presenter is the fabulous business owner Loree Sandler, founder of Let Them Eat Candles.  To learn more and to register, visit:  https://womenentrepreneursgrowglobal.org/2019/08/06/a-companys-intersection-with-global-adventure/
  • Quote of the week: “As young people make decisions about which jobs to pursue, I always tell them that [global] learning is more important than initial compensation – they can't afford not to learn." – Hank Paulson, former Secretary of the Treasury
  • According to the most recent International Trade Association data available through the federal Small Business Administration [9/15/19], small businesses represent 97.7% of the U.S. firms that export goods to other countries. In fact, they account for more than a third of the country’s known export value.
  • Advancements in machine translation technology are helping consumers, gamers and small businesses.  See how and why here.
  • Remembering people we lost to the casualties of 9/11.  It never goes away ...
  • In the face of severe competition, McDonald's identifies a big weakness and does something about it. Can it make a difference?

Saturday, September 14, 2019

On a Boat That Is Moving Through Water

©2019 Laurel J. Delaney.  All rights reserved.
"Being on a boat that's moving through the water, it's so clear. Everything falls into place in terms of what's important and what's not." – James Taylor

Friday, September 13, 2019

Life is Good (Podcast)

©iStock/Povozniuk
Brothers Bert and John Jacobs in the late 80s were living as nomads, traveling from college to college selling t-shirts out of their van.

It wasn't a sustainable living – until one day, they created a new design. It was a simple sketch of a grinning face, with three words printed underneath: Life Is Good.

The rest is history and now Life is Good is more than $100 million in annual revenue.  Listen to the podcast here.

Wednesday, September 11, 2019

Kabbage Customers Are Optimistic About Economy, At Least for Borrowing Money

©iStock/fizkes
As the trade war between the US and China causes global markets to gyrate, investor confidence has become a bit wobbly.
But not everyone is losing their nerve. Rob Frohwein, co-founder and CEO of small-business lending platform Kabbage, says his company’s customers are optimistic [at least for borrowing money]. The Atlanta-based company originated $670 million in loans during the second quarter, a 45% jump from a year earlier.
When companies use the right online technology, borrowing can be handled much more quickly.

Read more about how small business owners are fearless about the US recession, at least according to one online lender.

Tuesday, September 10, 2019

Is Your Company Making the Most Out of AI?

©iStock/ipopba
Artificial Intelligence (AI) is happening today, transforming companies of all sizes all over the world. Its adoption has driven down costs and made it increasingly accessible to small and midsize businesses.

So how can you leverage AI?  The article below shares three ideas.

Making the most out of AI.

Monday, September 09, 2019

Today in Global Small Business: Best Defense Against Terrorism?

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

Saturday, September 07, 2019

Be Happy: Ride a Bike

©2019 Laurel J. Delaney.  All rights reserved.
"You can't be sad while riding a bicycle." – Anonymous

Friday, September 06, 2019

Meet Your Favorite Down-Time Distraction

©iStock/spaxiax
Explore the wonderful world of podcasts, get ready to meet your new favorite down-time distraction.
Similar to talk radio shows, they generally consist of a host or hosts who discuss subject material, interview guests, tell stories, or some combination thereof. Many have theme or background music, and regular commercials by sponsors, just like radio or TV programs. Podcasts can make excellent audio entertainment while you’re working on mindless tasks, commuting, cleaning, cooking, or doing anything that doesn’t require your full attention.
Pop on your headphones and get listening.

Thursday, September 05, 2019

As You Grow a Global Business Like Gympass, Focus on Physical and Mental Health

©iStock/Antonio_Diaz
Meet the founder, Cesar Carvalho, of the truly international business, Gympass.  The story goes like this:  When Cesar left his small hometown in the Brazilian state of Minas Gerais to study in São Paulo, he had no idea he would be where he is today.
The entrepreneur leading one of the largest corporate platforms for physical activity in the world is having a whirlwind of a year: he moved to the United States in January to accelerate the company's expansion, already present in 14 countries. Months later, in June, a $300 million funding round led by SoftBank raised the startup's market value beyond $ 1 billion.

What keeps his sanity and rhythm for running a hip business is his focus on physical and mental health.  It goes like this:
"No matter where I am in the world, I make sure that I am back in time for dinner with my wife on Friday. Weekends are sacred, and are reserved for her and my children, as well as physical activities with them - I rarely work on those days," he [Cesar] points out.
Read more about how Gympass is a Brazilian company gone global.

Wednesday, September 04, 2019

An Online Pass Makes a Las Cruces Film Festival Global

©iStock/myotis
The Las Cruces, New Mexico-based Borderscene Film Festival (BFF), now in its second year, is aiming to go global by offering an online-only pass, where viewers can watch films from the comfort of their homes.

Whether someone is located in the UK, Argentina or Chicago, provided they have an Internet connection, they can view the BFF.
The pass gives viewers around the world a chance to see the 75 films that will screen at the festival, which begins Sept. 7 and runs through Sept. 9 at different locations in and around Las Cruces.
Learn more about how a local festival wants to get as many eyes as possible on their films and will do so through going global.

Tuesday, September 03, 2019

Elon Musk's China-Based Boring Company

©iStock/monkeybusinessimages
China is the future.  At least that is what Elon Musk says after he recently announced the launch of his Boring Company in China.
He’s [Elon Musk] right. Especially if this keeps up: over 90% of American companies in China say that their Chinese competition, both state and private, receive “tangible benefits” that they do not. In other words, a near plurality of American companies say they are playing on a totally uneven playing field. But herein lies the rub. They all want to be there anyway, and less than 10% have plans to leave.
There you have it.  Current tariffs on China are not enough to persuade multinationals to leave.  Discover more about how U.S. companies think China is unfair, but they don't really care.  And read the Tweet about the Boring Company.

Monday, September 02, 2019

Today in Global Small Business: The Promise and Pitfalls of Localism

©iStock/Chinnapong
What's affecting me, my clients, my colleagues and other global small business owners:
  • Four tips to protect your small business during a downturn.
  • Quote of the week: Without continual growth and progress, such words as improvement, achievement, and success have no meaning." – Benjamin Franklin
  • Funding Circle, a small business loans platform in the UK, US, Germany and the Netherlands, recently closed its first asset-backed securitization of US small business loans originated through its platform.
  • Why localization is essential for expanding overseas.
  • The promise and pitfalls of localism.
  • Nearly 84% of global ecommerce sales happen outside of Western continents such as North America and Europe, and overall sales are expected to reach $4.8 trillion USD by 2021.  Then why have some of the world’s largest and best-known multi-nationals failed spectacularly when expanding abroad?
  • USA national holiday Labor Day is a time to reflect and honor workers.

Saturday, August 31, 2019

Try to Get Better Every Day

©2019 Laurel J. Delaney.  All rights reserved.
"Enjoy the journey and try to get better every day. And don't lose the passion and the love for what you do." – Nadia Comaneci

Thursday, August 29, 2019

How She Built It: Aden + Anais's Raegan Moya-Jones (Podcast)

©iStock/oksix
Raegan Moya-Jones grew up in Australia where cotton muslin baby blankets are commonplace.  But when she started a new life and family in New York City, New York, she couldn't find them anywhere.
So in 2006, she started the baby blanket company Aden + Anais, which now makes more than $100 million in annual revenue. We [How I Built This with Guy Raz, from NPR] first ran this episode in 2017 – but about a year later, Raegan's role as leader and co-founder took a dramatic turn. She fills Guy in on what happened in this special updated episode. 
All businesses can take a turn for the best or the worst.  Listen in ... a fascinating and powerful learning experience for all business owners who aspire to build a great enduring global enterprise.

Wednesday, August 28, 2019

How to Avoid Complaceny and Maximize Your Chance For Service Export Success

©iStock/AntonioGuillem
You should never let your service offering ever become commonplace. Always work at becoming better and better at what you’re doing. And be prepared to take aggressive measures to establish and protect your business presence. The following eight strategies are essential to ensure you never become complacent.

This article was originally posted at Thrive Global and authored by Laurel J. Delaney.

Tuesday, August 27, 2019

The Great Leveler for Global Business: The Internet

©iStock/Who_I_am
According to Virgin Group founder Richard Branson, you don’t have to commit to expensive global advertising campaigns to be discovered in this world because you can do your marketing and market testing at the touch of an iPhone.

“While competition may be fiercer, I believe that if you have an idea for a business that solves a problem and makes people’s lives better, as a result, you have a good shot at success,” he [Branson] says.

The Internet serves as the great leveler for all businesses, allowing everyone to move at lightening speed and achieve results faster than ever.

Learn more about how to stand out and maintain global integrity in the marketplace.

Monday, August 26, 2019

Today in Global Small Business: The Small Business Solution to Preserving the Amazon

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

Saturday, August 24, 2019

Friday, August 23, 2019

Welcome to a New Culture of Shared Prosperity

©iStock/blackdovfx
Welcome to a new culture of shared prosperity.
It’s a significant sign of our shifting culture that the country’s largest corporations and the organization representing their interests are revising their definition of the purpose of the corporation from profit maximization to leading their companies “for the benefit of all stakeholders—customers, employees, suppliers, communities and shareholders."
How it's done?

Corporations, and the investors who own them, now must go beyond words and take action to upend the self-defeating doctrine of shareholder primacy.

Hooray.  We applaud this at The Global Small Business Blog – companies creating value for workers, customers, suppliers, and communitiesnot just talk about it.

Thursday, August 22, 2019

Exports Matter: Diversify Markets, Strengthen Firms and Grow Jobs

©iStock/bugphal
San Diego, California-based FoxFury Lighting Solutions exports cutting-edge “Xtremium” headlamp products to China, Japan, and other countries around the world, helping fire and rescue officials respond to major global humanitarian disasters from earthquakes in Fukushima and Italy to hurricanes in Puerto Rico and Texas.  Its shift from a domestically-focused company to a global exporter is an evolution that is still relatively uncommon among U.S. firms.
Many of these efforts stem from the Global Cities Initiative, which made the case in the aftermath of the Great Recession that exports mattered because of the opportunity to diversify markets, strengthen firms and regional economies, and grow well-paying jobs.
Learn more about how FoxFury made crucial connections to dealers in Japan and Germany, establishing the firm as a potential partner in a business where leads and trust can often take years to build.

Wednesday, August 21, 2019

Five U.S. officials Shaping Trump's Trade Battles

©iStock/Aurelio Antonio
As President Trump's trade fights fuel fears of a global recession and threaten his reelection prospects, five U.S. officials are shaping many of Trump's decision:
  1. Treasury Secretary Steven Mnuchin
  2. White House trade adviser Peter Navarro
  3. U.S. Trade Representative Robert Lighthizer
  4. National Economic Council Director Larry Kudlow
  5. Federal Reserve Chairman Jerome Powell
The president’s trade battles with China, Europe and the Democratic-controlled House are seen as further restraining an already slowing global economy.

Read more about five key players in Trump's trade battles.

Tuesday, August 20, 2019

How SMEs Can Develop a Killer Customer Experience

©iStock/Urupong
For small businesses, the internet is something of a double-edged sword. It has leveled the marketing playing field, while simultaneously opening small local markets up to international competition.

Today, however, small businesses have a new option – to exploit their local bona fides with a local digital marketing strategy.

Explore further on forward-looking strategies.

Monday, August 19, 2019

Today in Global Small Business: How to Move Toward Greatness

©iStock/olm26250
What's affecting me, my clients, my colleagues and other global small business owners:
  • Best cell phone plans for small businesses.  
  • Quote of the week: “When [what you are deeply passionate about, what you can be best in the world at and what drives your economic engine] come together, not only does your work move toward greatness, but so does your life. For, in the end, it is impossible to have a great life unless it is a meaningful life. And it is very difficult to have a meaningful life without meaningful work. Perhaps, then, you might gain that rare tranquility that comes from knowing that you’ve had a hand in creating something of intrinsic excellence that makes a contribution. Indeed, you might even gain that deepest of all satisfactions: knowing that your short time here on this earth has been well spent, and that it mattered.”Jim Collins, Good to Great: Why Some Companies Make the Leap... and Others Don't
  • U.S. small business owners feel 'peachy' over the state of the global economy? 
  • Are you using social media to empower your small business?
  • Global e-commerce trends to launch your business across borders.
  • 18 must-have travel apps for traveling abroad.

Saturday, August 17, 2019

Life is Better at the Beach

©2019 Laurel J. Delaney.  All rights reserved.
"Happiness is a day at the beach." -- Anonymous

Friday, August 16, 2019

The Global Ecommerce Playbook

©iStock/gorodenkoff
There are huge challenges when embarking on cross-border commerce.  Yet nearly 84% of global ecommerce sales happen outside of Western continents such as North America and Europe, and overall sales are expected to reach $4.8 trillion USD by 2021.
Some of the world’s largest and best-known multi-nationals have failed spectacularly when expanding abroad.  How so?
Find out through a white paper, The Global Ecommerce Playbook (requires registration).

Thursday, August 15, 2019

The Pain is Growing for American Small Businesses on Chinese Tariffs

iStock/OrnRin
To grow and succeed, a significant number of small and midsize businesses across America rely on trade with China.

Karen Kerrigan, President and CEO, SBE Council, goes on to say, "the Trump administration’s latest decision to impose 10 percent tariffs on $300 billion worth of Chinese goods along with China’s retaliatory tariffs only serve to pile new costs on small businesses and consumers, and squeeze what market access small businesses currently have."

Find out why the United States needs to adopt more effective alternatives to the use of tariffs.

Tuesday, August 13, 2019

The Growth Show (Podcast)

©iStock/masterzphotois
Host Meghan Keaney Anderson, VP of marketing at HubSpot, takes a deep dive into trends, turning points, and success stories in The Growth Show. She interviews CEOs and founders to discover how successful companies thrive. With over 1.5 million downloads, this podcast is perfect for anyone who wants to get inspired and see how to drive sustainable business growth.
It’s never been easier to start a business, but it’s never been harder to succeed. Each episode of The Growth Show explores the inspiring stories behind how people grow a business, an idea, or a movement.
Listen to the Growth Show podcast here.

Monday, August 12, 2019

Today in Global Small Business: The Art of Selling Online Globally

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

Saturday, August 10, 2019

The Positive Side of Things

©2019 Laurel J. Delaney.  All rights reserved.
"No matter what you're going through, there's a light at the end of the tunnel and it may seem hard to get to it but you can do it and just keep working towards it and you'll find the positive side of things." – Demi Lovato

Friday, August 09, 2019

How Do We Ensure That Middle Eastern Family Businesses Survive?

©iStock/FS-Stock
According to Hassan Jameel, Deputy President and Vice-Chairman, Abdul Latif Jameel (ALJ), family businesses play an outsized role, accounting for over three-quarters of the private sector economy’s workforce. Many of the largest businesses in the region remain family run, having grown over the course of several generations from small enterprises into conglomerates spanning sectors and geographies.  Even his own firm, ALJ, established by his grandfather, started off as a small vehicle distributor in Jeddah, Saudi Arabia. Today, 70 years later, the company has grown to become a significant global distributor and has diversified into multiple sectors including energy, real estate and finance, operating in more than 30 countries around the world.
For many the idea of a family business immediately conjures up an image of a small shop, in which a son is stacking the shelves while his father ponders the proud day he hands over the keys. It is easy to forget that some of the business world’s biggest names, such as Ford, Walmart or Tata, are or once were family enterprises, built on big ideas seized by bold entrepreneurs that have now been passed down through generations.
Learn how some of the biggest family businesses in the region grew from humble beginnings and discover what was behind their success.

Thursday, August 08, 2019

Local Businesses in Tampa, Florida Fly High With Exports to Brazil

©iStock/Gabriele Maltinti
Madison Lawson, the international business manager with the Tampa Hillsborough Economic Development Corporation says, "When you find a new consumer base in a market like that [Brazil], you can grow your company exponentially."
The EDC worked with the economic development leaders in Pinellas and Pasco counties to send 3 Daughters Brewing, American Freedom Distillery and six other businesses to Sao Paolo Monday as part of a program to help small businesses grow into international exports.
It's a chance many business owners didn't have before to meet with distributors, consumers, and end buyers.

Read more about how Bay Area businesses hope to expand their global customer base in Brazil.

Wednesday, August 07, 2019

China Has 200 Unicorns With Global Aspirations

©iStock/MadKruben
About 200 Chinese startups have valuations of $1 billion or more, and many are preparing to go global.  Most of the companies are largely unknown outside China, but that is likely to change over the next decade.
More than 70 percent of the leaders of Chinese unicorn companies say they already have plans or strategies for overseas expansion. This is in part thanks to government encouragement: China’s Belt and Road Initiative emphasizes international “innovation-based open cooperation,” and China has introduced a series of measures to create a favorable environment for innovation. 
When it comes to growth, most of the unicorn leaders say they value independent, long-term development over flipping their companies for immediate gain because they want to create tomorrow's great global enterprises.

Dig deeper.  It's all in the story about China's herd of unicorns.

Tuesday, August 06, 2019

The Trade Wars and a Slower Global Economy

©iStock/tampatra
The latest economic numbers point to a further slowing of business at many small companies; economists say trade wars are a significant reason for the decline.
The trade wars that began with the Trump administration's tariffs on China early in 2018 and continued with retaliatory duties on U.S. goods are taking a toll on domestic manufacturers, economists say.
Read more about how small business slows as trade wars continue, economists say.

Monday, August 05, 2019

Today in Global Small Business: Why Japan Is Doubling Down on E-Commerce Fashion

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

Saturday, August 03, 2019

Hard Work Opens Doors

©2019 Laurel J. Delaney.  All rights reserved.
"Hard work opens doors and shows the world that you are serious about being one of those rare - and special - human beings who use the fullness of their talents to do their very best." – Robin S. Sharma

Friday, August 02, 2019

Global E-Commerce is Booming

©iStock/RyanKing999
According to a newly released eMarketer report, China’s $1.94 trillion e-commerce is the largest in the world, and more than three times that of the number two U.S. market.
The report described a booming global e-commerce market, is expected to grow 20.7% this year to $3.5 trillion in sales. China’s $1.94 trillion in sales will have contributed 54.7% of that figure, according to eMarketer.
Based on the report, discover the areas in e-commerce where China is leading.

Wednesday, July 31, 2019

More Than Words Is An eBay Small Business Award Winner!

©iStock/dusanpetkovic
Taking the top spot on eBay's Shine Awards for Small Business was Jodi Rosenbaum of More Than Words, who was named Small Business of the Year.

Jodi Rosenbaum founded More Than Words (MTW) in 2004 with a vision to provide at-risk young people the training needed to run a successful business. As a nonprofit social enterprise, MTW empowers nearly 400 Boston-area young people, ages 16-24, who are in the foster care system, court-involved, out-of-school or homeless to take charge of their lives by taking charge of a business.

Learn more about Jodi, More Than Words (MTW), and the other award winners.  Congrats to Jodi!

Tuesday, July 30, 2019

Go Twitter, Go Global!

iStock/nerosu
Big 'global' news.  A new executive has joined the ranks of Twitter’s global business marketing team.  Gap Kim will oversee global business marketing at Twitter, aiming to help businesses improve results from platform’s advertising capabilities.

Here's why this is important.
Kim boasts more than 20 years of experience in the tech and digital sectors, leading digital adoption and growth across mobile, video, search, messaging, and social at companies including WhatsApp, Facebook, and Google.
Dig deeper.

Kim's theory on Twitter:  "“In this day and age, that [Twitter platform] is a critical opportunity for marketers to make meaningful connections with influential audiences to grow their business and brand.”

Monday, July 29, 2019

Today in Global Small Business: Why Payment Diversity Matters When Transacting Business Across Borders

©iStock/Zephyr18
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, July 27, 2019

The Courage to Start

©2019 Laurel J. Delaney.  All rights reserved.
“The miracle isn’t that I finished. The miracle is that I had the courage to start.” – John Bingham

Friday, July 26, 2019

The Belles of the Ball: E-Commerce SMEs

©iStock/Chainarong Prasertthal
U.S.-based small to midsize enterprises (SMEs), especially those in the business-to-business (B2B) realm, have been left behind in the rush to meet growing e-commerce demands of consumers. Digital marketplaces catering to small businesses in the B2B world have been mostly non-existent, despite global B2B e-commerce estimated to be a $24 trillion industry.  Alibaba and UPS are not the only ones clamoring to get in front of 30 million American sellers for SME action.
FedEx Corp. has made SME penetration a top priority, and has already announced seven-day-a-week service, extended pick-up times and expanded access points targeted at that market. Amazon.com, Inc. considers SMEs the lifeblood of its business, with its “Fulfillment by Amazon” service, in which smaller merchants use the company as its marketing, fulfillment and delivery partner, representing more than half of its total sales.
Learn how long e-commerce wallflowers, small and midsize enterprises have become the belles of the ball.

Thursday, July 25, 2019

Small Businesses Around the World are Feeling Optimistic About the Future

©iStock/eyegelb
Covering small businesses in 110 countries, the Veem report, highlighting small business trends, found that companies spent the second quarter of 2019 building inventory and increasing both the number of orders and the dollar value of each order.
The average small business payments increased by 15% in the second quarter of 2019, according to the study, and the dollar value per order went to 6% in the second quarter. 
When it comes to trade, particularly with China:
However, small businesses continued to express concerns regarding trade negotiations with China, consistent with other studies reported on by Banking Exchange. More than three quarters of the small businesses polled showed concerns surrounding tariffs on Chinese products. However, this includes all 110 countries polled. It is not clear if American companies are particularly concerned. More than half of the small businesses said that that their businesses have already been impacted by tariffs. 
The findings in the report do show that the tariff talk, and the threat of a trade war are in fact effecting how businesses are looking to the future yet they are still optimistic about future growth and have a strong desire to expand.

Tuesday, July 23, 2019

What's Next After Globalization?

©iStock/tadamichi
Is our integrated world of institutions, brands, and trade being replaced by something that is less interconnected?  A new book, The Levelling, argues that we are at the end of the age of globalization.
If [Michael] O'Sullivan [the author of The Levelling] is right, and the reversals of international connectivity are part of a long-term shift as opposed to a short-term blip, then what might be the implications for higher ed?
Find out by reading 'The Levelling', Higher Ed, and the End of Globalization.

Monday, July 22, 2019

Today in Global Small Business: The Powerful Flywheel Concept by Jim Collins

©2019 Laurel J. Delaney.  All rights reserved.
What's affecting me, my clients, my colleagues and other global small business owners:
  • Why do some companies build relentless momentum and others don't?  Only Jim Collins has an answer through his latest publication, "Turning the Flywheel:  A Monograph to Accompany Good to Great."  We are especially honored to receive an autographed copy of the publication from Jim along with a personal letter highlighting the powerful flywheel principle, which can transcend to global.   
  • Quote of the week: “Chase the vision, not the money; the money will end up following you.”— Tony Hsieh, Zappos CEO 
  • The American Express Blue Business Cash Card for small businesses.  What's in it for you?
  • The podcast companies behind some of the biggest chart-topping hits of the last three years are ready for their next challenge: taking a story listeners know and love like “Dr. Death” and giving it an international makeover.  But what does it look like?
  • A U.S. government agency working closely with Ivanka Trump has invested in a new financial product intended to extend credit to women entrepreneurs in emerging markets.
  • How businesses should prepare for global Internet access:  another 3 billion people online.

Saturday, July 20, 2019

Give Me the Streets of Manhattan

©2019 Laurel J. Delaney.  All rights reserved.
"Give me such shows — give me the streets of Manhattan!" – Walt Whitman

Thursday, July 18, 2019

Being on Amazon is a Huge Visibility Boost for Small Businesses Who Desire to Go Global

©iStock/gpointstudio
John Leslie from John Leslie Studios recommends Amazon to any small business, saying, “My sales have steadily increased on Amazon year after year. Last year my sales on Amazon alone were over $150,000. Simply being on Amazon is a huge visibility boost because Amazon is often the first place people go when seeking to purchase almost anything.”

According to CBS17.com:
An amazing variety of small and medium-sized businesses now boost online sales by selling in Amazon’s stores, reaching more customers and bringing their business to a whole new level. More than half of the items sold in Amazon’s stores worldwide are from small and medium-sized businesses. And the number of small and medium-sized businesses exceeding $1 million in sales in Amazon’s stores worldwide grew by 20 percent last year, to more than 25,000.
To succeed online, businesses oftentimes need a partner to help them reach a national – or even global – customer base, and to support them throughout the process of building their business and fulfilling increasing demand for their products or services.

Learn more about how small businesses are mastering the art of selling online.

Wednesday, July 17, 2019

How Global Small Businesses Should Prepare for the Emerging Global Internet Access

©iStock/Pixtum
Jim Cashel, for Harvard Business Review, says it is reasonable to predict that, in the next three to five years, most of the planet will have some access to reliable, if somewhat expensive, broadband. That means over three billion people will be, for the first time, directly connected to the global economy.  He goes on to say:
The business community should consider this emerging market with astonishment, if for no other reason than its vast size. It will present challenges in terms of economics, geography, language, and demographics. But businesses that are aware of the changes to come, that appreciate the speed and reach of global broadband expansion, and that prepare appropriately for new markets will enjoy a range of unprecedented opportunities. Specifically, businesses should prepare in four areas.
Learn about the four areas here and how businesses should prepare for the Global Internet Access.

About Jim Cashel:  Jim Cashel is Chairman of Forum One, a digital agency, and author of The Great Connecting: The Emergence of Global Broadband, and How That Changes Everything. During academic year 2018-19 he was a Visiting Fellow at the Harvard Kennedy School.