Friday, January 22, 2021

Develop a Sustainable Global Growth Strategy

©iStock/Zolak
A sustainable global growth strategy is about supporting customers in the countries where they do business. The advocacy gained from that support builds you up in that market.  Yet, many new and scaling companies take an all-or-nothing approach to global growth, believing there’s no point in expansion until you’re ready with the currency, the website translation and the team in place. 

Discover how a sustainable global growth strategy should be a part of your business plan right at the onset.  If you need help with your strategy, visit here

Thursday, January 21, 2021

U.S. Makes History and Its Like Music to Our Ears

©iStock/mj0007
Yesterday, January 20, 2021, President Joe Biden and Vice President Kamala Harris made history:  Biden became the oldest USA president – 46th – in American history, while Harris will be the first Black woman and the first Asian American to hold the office of vice president.

Musicians from all genres greeted the Biden-Harris administration, with performances from Jennifer Lopez, Earth, Wind & Fire, John Legend and more. 

Read more because many of the greatest global musicians are now back in the fold.

Wednesday, January 20, 2021

Define Your New Overseas Market in Detail

©iStock/Urupong
According to certified trainer in entrepreneurship Yaneek Page, the biggest mistake entrepreneurs tend to make with global expansion is to broadly define their goal as exporting to a new market. You have to be very specific about which market you want to enter and why.  Particularly the 'why'!

Read more tips about expanding to a new market.

Tuesday, January 19, 2021

Global Small Businesses Must Determine Whether Amazon is a Hero or Villain

©iStock/jetcityimage
There are plusses and minuses to selling on Amazon.  Here's a minus.

The e-commerce giant may depend on its merchants in the aggregate, but individually they don’t have much power. Sellers say Amazon effectively punishes them if they’re found offering their items for lower prices on rival sites such as Walmart, dropping them lower in search rankings for instance.

Many feel Amazon also pushes them to pay for Fulfillment by Amazon and advertising. Even larger companies such as Tumi, a luxury bag maker, and PopSockets, which produces cellphone grips, have described Amazon as trying to control what they sell as well as how and where they sell it.

That said though, in a recent report (pdf), Amazon indicated over the course of 2019 and 2020 it invested more than $30 billion in logistics, tools, services, and employees to help small and medium-sized businesses. It also provides assistance such as technical support, loans, and credits for its cloud-computing platform, Amazon Web Services.

Read the entire article on big changes are afoot for global small businesses, especially when it comes to Amazon.

Monday, January 18, 2021

Today in Global Small Business: Honoring MLK

©iStock/ags1973
What's affecting me, my clients, my colleagues and other global small business owners:

  • Martin Luther King (MLK) – At the age of thirty-five, Martin Luther King, Jr., was the youngest man to have received the Nobel Peace Prize (1964). When notified of his selection, he announced that he would turn over the prize money of $54,123 to the furtherance of the civil rights movement.
  • MLK – The facts.
  • Quote of the week: The time is always right to do what is right." – Martin Luther King
  • MLK – The speech.
  • MLK – The little-known incident in 1956.
  • MLK – A quarter million people and a dream.
  • MLK – His family, including his strong and courageous mother.

Saturday, January 16, 2021

Let Fear Not Rule

©2021 Laurel J. Delaney.  All rights reserved.
"Nothing in life is to be feared. It is only to be understood." – Marie Curie

Thursday, January 14, 2021

Optimizing for Global Business Resiliency

©iStock/metamorworks
The past year has been full of change. But threaded underneath the tumult of the pandemic, many are seeing another kind of transformation in how companies must evolve supply chain management.

Read more to discover three (3) pressure points – investor, customer and consumer – for people are who interested in building a resilient global supply chain.

Wednesday, January 13, 2021

Complications: Trade Deficits, Currency Manipulation and the Strong Dollar

©iStock/NiseriN
Trade deficits, currency manipulation and the strong dollar are complicated economic forces that directly affect the future of American manufacturing. 

Here's a look at how they affect manufacturing and why we must do something around these issues, regardless of the politics. 

Tuesday, January 12, 2021

Startup in Shanghai Poised to Solve Cross-border Payment Problems and Boost International Trade

©iStock/dibrova
XTransfer, based in Shanghai, China, aims to solve cross-border payment problems for over 100,000 of China’s smaller importers and exporters playing important roles in the national economy in spite of challenges posed by the pandemic and trade disputes.

XTransfer was founded in 2017 by several Alibaba employees and works with banks to set up a globally unified B2B (business to business) financial network and intelligent risk management system. 

Learn more here.

Monday, January 11, 2021

Today in Global Small Business: If T-Shirts Cost Another Nickel, So Be It

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

  • Listen to Laurel Delaney's Global Trade Trends Report 2021 – recording available now.
  • The Japan External Trade Organization (JETRO) announced that 53 technology startups will join global technology leaders in representing Japan at CES 2021, which will take place virtually from Jan. 11-14, 2021
  • Quote of the week: We want strong communities in the United States.  And if that means that T-shirts cost another nickel, then T-shirts will cost another nickel." – US Trade Representative, Robert Lighthizer (12/17/20)
  • How global small businesses can overcome barriers to manufacturing Industry 4.0 adoption.
  • An order issued on 1/9/21 empowers Beijing to tell companies to ignore U.S. restrictions and allows them to sue other businesses if they comply.  Biden has his work count out for him.
  • Trump's legacy, the shame.

Saturday, January 09, 2021

Do Small Things With Great Love

©2021 Laurel J. Delaney.  All rights reserved.
"Do small things with great love." – Anonymous

Friday, January 08, 2021

Unlock Trade Finance

©iStock/GaudiLab
Now, with survival on the line for many companies due to the global pandemic, the urgency to close the trade finance gap has grown.

While a slew of FinTechs have stepped onto the market in recent years in an effort to facilitate funding, the vast majority of trade finance is provided by a handful the world's largest financial institutions. It's a complex ecosystem, however, in which financial institutions must coordinate with insurers, institutional investors, and each other to not only originate trade finance, but mitigate risk and distribute assets.

Read more on how to optimize data to unlock trade finance.

Thursday, January 07, 2021

USA Trump's Cling to Power is Over

©iStock/YayaErnst
According to The Atlantic (1/5):  The president of the United States is out of options to fulfill his authoritarian dreams.

And the latest (1/6), USA President-elect Joe Biden will now govern with a Democratic Senate and a Democratic House. 

In case you missed other developments, here's more on the violent assault on the USA Capitol.

Wednesday, January 06, 2021

In 2021, Find New Life in Global Online Sales

©iStock/Urupong
The global pandemic has wreaked havoc on the world economy, but many have found new life in global online sales. 

Platforms like Amazon have been proving for the last decade that brick and mortar need not be the only channel, and for many, it need not be a channel at all. The future of business for SME's lies with the adaptation of an online sales and marketing strategy, incorporating digital and social media to target market prospects.....just like Amazon.

Read about how to be more like Amazon

Tuesday, January 05, 2021

Join Laurel Delaney for Her Annual Global Trade Trends Report 2021

©2021 Women Entrepreneurs Grow Global.  All rights reserved.
Join Laurel Delaney LIVE on Wednesday, January 6th at 11AM CT when she presents her annual Global Trade Trends Report 2021.

She'll cover what the recovery will look like, the shift from physical to digital, disruptors in transport, supply-chain woes, Brexit, and more.

To learn more and to register free-of-charge, visit:

This program is made possible thanks to the generous support from the sponsors of Women Entrepreneurs Grow Global®:  Associated Bank, Greensfelder, APCO Worldwide, Union Pacific, FedEx and GlobalCare Clinical Trials.

Monday, January 04, 2021

Today in Global Small Business: Global Marketing Trends for 2021

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

Saturday, January 02, 2021

Got Back Up Again

©iStock/fotopoly
"Do not judge me by my success, judge me by how many times I fell down and got back up again." – Nelson Mandela

Friday, January 01, 2021

Inspire You to Grow Global in 2021

©2021 Laurel J. Delaney.  All rights reserved.
May every day of the new year inspire you to grow global.  Best wishes for joy, peace, prosperity and good health in 2021.