Monday, October 03, 2022

Today in Global Small Business: Why Study Global Business?

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

Saturday, October 01, 2022

There's a Guinness Waiting For Me

©2022 Laurel J. Delaney.  All rights reserved.
"I'm an early riser. I work out really hard. I push myself; I get my job done, and at the end of the day, there's a Guinness waiting for me." – Jason Momoa

Friday, September 30, 2022

Heartbreaking: Prayers for Floridians as They Deal with Hurricane Ian

©iStock/lisatop
A drone video taken in Port Charlotte, Florida on Sept. 29, shows extensive damage to homes and flooded streets following Hurricane Ian.

Ian leaves catastrophic destruction across Florida.  The death toll remains unclear.  Prayers go out to all Floridians during this time of turmoil.

Thursday, September 29, 2022

Is the Golden Age of Globalization Over?

©iStock/lena_serditova
“The golden age of globalization that we experienced in the last 30 years since the end of the Cold War has ended clearly and we are entering a new era, a new era that will be marked by greater geopolitical contestation,” said Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong.

Agree?  Disagree?  Learn more.

Wednesday, September 28, 2022

Women Entrepreneurs Are On the Rise Globally

©iStock/Prostock-Studio
Chicago-based nonprofit Women Entrepreneurs Grow Global® knows this better than any organization on the planet:  Women entrepreneurs are on the rise globally.  But did you know the following?

Historically, Africa has led the world in terms of numbers of women business owners, with countries like Uganda and Ghana – leading the way. Recently the MENA region has also been taking important strides forward with Saudi Arabia being a key example where more women are engaged in entrepreneurial activity than men.

Women the world over are now ever-more confident, and optimistic about launching their businesses and contributing to the economy.  Addressing the specific constraints – financing, for instance – facing women entrepreneurs is critical in unleashing their economic potential and empowers women to be a force for growth – powering the path of sustainable economic recovery.

Tuesday, September 27, 2022

Say "Hello" to a New Way to Heal... and Export: Featuring Cast21(wegginar® 9/28/22)

©2022 Women Entrepreneurs Grow Global®.  All rights reserved.
Did you know?
  • International sales may actually be easier than domestic sales?
  • How to use your local, regional, federal and industry resources to assist you with international expansion efforts?
  • Who to call when it comes to export credit?
All of the above and more will be addressed by two rock stars who will be presenting a wegginar® tomorrow entitled, "Say “Hello” to a New Way to Heal… and Export: Featuring Cast21," 9/28 at 11AM CT (free of charge thanks to generous sponsors as noted in the graphic).

The presenters are Ursula Wegrzynowicz, Business Development Specialist at EXIM Bank and Ashley Moy, Co-founder at Cast 21.

If you are running a domestic enterprise and are thinking about exporting, this wegginar is for you.  Exporting can be lucrative for all sized businesses.  On average, sales grow faster, profits increase, more jobs are created, and employees earn more than in non-exporting firms. 

To learn more about the fabulous wegginar and to register (n/c), visit https://bit.ly/wegginar.  See you there!

Monday, September 26, 2022

Today in Global Small Business: Global Ocean Freighters Want to Take On Flying Goods Next

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

Saturday, September 24, 2022

Mellow Time

©2022 Laurel J. Delaney.  All rights reserved.
"Autumn's the mellow time." – William Allingham

Friday, September 23, 2022

Don't Ask Why, Ask Why Not? – When Going Global

©iStock/Peach_iStock
The U.S. Small Business Administration estimates nearly 96% of the world’s consumers live outside the United States, and two-thirds of the world’s purchasing power is held in foreign countries. Yet only 3% of the U.S.’s small businesses export goods or services. For many U.S.-based entrepreneurs and SMBs, this is a blind spot.

For SMBs, tapping significant growth opportunities internationally isn't as difficult as it once was.

Here are the top three questions small businesses should contemplate on their journey into international commerce and how leaning into digitalization can provide much-needed answers. 

Thursday, September 22, 2022

Why Is Culture So Important?

©iStock/melitas
Dutch social psychologist Geert Hofstede did a pioneering study of cultures across modern nations. One of his big questions is:  Why is culture so important?  His website says:

Do we need to bother about culture? Every visitor of this site has her or his unique personality, history, and interest. At the same time, we share our human nature. We are group animals. We use language and empathy, and practice collaboration and inter-group competition. The unwritten rules of how we do these things differ from one human group to another. “Culture” is how we call these unwritten rules about how to be a good member of the group.

To know more about Hofstede, see his biography.  Better yet, see the online exhibition about his life and work.  Oh, and check out his books – truly an international scholar on this topic.

Wednesday, September 21, 2022

How Culture Affects Communication Styles

©iStock/Kar-Tr
For Professor Michele Gelfand, it all comes down to culture. As a cross-cultural psychologist, Gelfand is fascinated by social environments and their effects on human behavior, particularly, how strictly people adhere to social norms.

In this episode (podcast with full transcript), Michele Gelfand explains why social norms are the glue that keeps cultures together.

Tuesday, September 20, 2022

Bingo! New Mexico Business Owners Have Access to $25 Million in SBA Loans

©iStock/nytumbleweeds
The nonprofit, state-launched New Mexico Small Business Investment Corp. has a new RBC Impact Fund that will target small businesses with annual revenue up to $7.5 million and less than 500 employees. The loans would be in amounts from $150,000 to $5 million.

For small business New Mexico business owners, another $25 million in Small Business Administration loans is now available to New Mexico small businesses unable to secure traditional bank loans.

The NMSBIC funding is available to any SBA loan lender in New Mexico, but the funding primarily will go to DreamSpring, Lendistr and Capital Impact Partners, which are all Community Development Financial Institution lenders that focus on lending to underserved markets.

Learn more on how New Mexico small businesses can tap into $25 million in SBA loans

Monday, September 19, 2022

Today in Global Small Business: Bluedog Named Crain's #1 Best Place to Work!

©iStock/oleg7799
What's affecting me, my clients, my colleagues and other global small business owners:

  • Michelle Hayward, founder and CEO of Chicago-based Certified B-Corporation Bluedog Design, wins Best Place to Work by Crain's Chicago Business 2022.  Second year in a row!
  • Why you should be on TikTok.  (wegg® is.)
  • The global economy, led by the Western world, looks pretty broken, does it not?  A lot is due to the war in Ukraine (shame on Russia).
  • Quote of the week: "Each employee has a voice. They have control, and we support them in their growth and we support each other. We foster a culture where there is a sense of belonging. From our research, belonging is why people choose to stay with a company. We just really believe that people are the No. 1 aspect." – Michelle Hayward, founder and CEO, Bluedog Design, #1 Best Place To Work winner 2021 and 2022
  • Maybe the US is in a recession but global small businesses forge on.
  • Omotola Akinbiyi, founder of Chicago-based bon femmes, discusses on the How She Went Global® podcast how she set up her ecommerce store, why she wanted to conduct business worldwide, and how she is making an impact with female creatives.

Saturday, September 17, 2022

Going Overboard

©2022 Laurel J. Delaney.  All rights reserved.
"The capacity for going overboard is a requisite for a full grown mind." – Dawn Powell

Friday, September 16, 2022

Let's Make a Deal Freight Rail Companies!

©iStock/gk-6mt
Early on the morning of Thursday, September 15, 2022, freight rail companies and unions reached a tentative agreement to avoid a strike that could have begun on Friday, September 16, 2022. The agreement now heads to union members for a ratification vote, a process that could take a few weeks. Workers have agreed not to strike while the vote is tallied.

The deal ended an impasse between the rail industry and tens of thousands of workers across the country, averting a shutdown of a critical network that could have made it virtually impossible to transport the vast numbers of products — from oil to grain — that are carried on trains in the United States.

As The New York Times article says, "rail freight is the centerpiece of the global supply chain, which has already been disrupted by the pandemic, with cargo ships, trains and trucks facing continued difficulties transporting goods. A strike would slow down the circulation of goods within the United States and with overseas trade allies."

Thursday, September 15, 2022

What's the One Thing You Need to Remember Before You Go Global?

©iStock/RRice1981
First, read this – that is if you want to launch globally and profitably.  Next, if you are like creative agencies all over the world, they are looking for stable horizontal growth in tough economic times – both in the traditional way with a new office and big local hires, and in ways enabled by our infamous new normal, with satellite presences and remote workers.  This can be accomplished by way of breaking into new markets, outside one's own backyard.

At a recent roundtable with The Drum Network’s New York chapter, they gathered some of the European independents and groups expanding into the US alongside some North American stalwarts to ask:  how do you get global expansion right in 2022?

Find out.

Wednesday, September 14, 2022

The State of Maine Powers Up for Exports

©iStock/nensuria
State Trade Expansion Program grants from the U.S. Small Business Administration provide funding to increase the number of businesses that export, and are administered in the state by Maine International Trade Center.

The Maine International Trade Center in Portland was awarded $400,000 in federal money to provide small businesses with the information and tools they need to succeed in export-related activities.

"During times of economic uncertainty, diversification of markets remains a sound business strategy, and international business is a key element," the center’s president, Wade Merritt, said in a news release. 

The latest money will allow the center to help Maine companies take advantage of export markets for today and develop new opportunities in the future.

Tuesday, September 13, 2022

How Would a Chinese Blockade of Taiwan Affect Global Business?

©iStock/Bing-Jhen Hong
A Chinese blockade of Taiwan would cripple global supply chains and raise freight prices in Asia and potentially beyond, because of the outsize role that the island of roughly 23 million people plays in global business.

Here are some questions and answers about the tensions across the Taiwan Strait and the possible fallout on global business should China attempt to blockade the island.

Monday, September 12, 2022

Today in Global Small Business: The Origin of a Great Global Gospel Classic

©iStock/dragana991
What's affecting me, my clients, my colleagues and other global small business owners:

  • The origin of a [great global] gospel classic by Robert Marovich and published in the 9/10/22 print edition of the Wall Street Journal.  Mr. Marovich writes that ninety years ago, the song ‘Take My Hand, Precious Lord’ emerged from personal tragedy to become a beloved anthem.
  • TikTok is upending the music industry.
  • Bad Bunny and the political history of reggaeton.  The genre is the product of migration, rebirth, and the struggle to be heard.
  • Quote of the week: "Every nation, every human being that came across earth had a song and sang in some way to their God." – Thomas A. Dorsey
  • Temilade Openiyi, professionally known as TEMS, isn’t about fitting in — she’s in her own lane moving at her own pace and inspiring girls in Africa and around the world. The Nigerian artist’s rise to fame is proof anything's possible if you keep your eyes on the prize.
  • Going international is no small thing.  SB19 Is eyeing the global-pop market and bringing the Philippines along.

Saturday, September 10, 2022

The Queen's 21st Birthday Speech

©2022 Laurel J. Delaney.  All rights reserved.
"I declare before you all that my whole life, whether it be long or short, shall be devoted to your service and the service of our great imperial family to which we all belong." – The Queen's 21st birthday speech, April 21 1947

May she rest in peace. As Elton John said, "She had an inspiring presence."  Date of Queen Elizabeth's death:  September 8, 2022.

Friday, September 09, 2022

Go State of Washington on Exports!

©iStock/aiisha5
The U.S. Small Business Administration (SBA) has awarded the Washington State Department of Commerce a tenth year of funding to help state small businesses grow through exporting.

The $1.4 million grant to Washington, part of the SBA’s State Trade Expansion Program (STEP), is one of the two largest awarded from a total $20 million to 52 states and territory international trade agencies – Michigan also received $1.4 million.

For information about STEP export vouchers, Go Global or other Commerce programs that help Washington businesses grow, expand and locate in Washington State, please visit ChooseWashington.com.

Thursday, September 08, 2022

Wage Growth Is Rising for Global Small Businesses

©iStock/DavidLeshem
Some say that wage growth tends to be a compelling sign that inflation is rising.

The pace of wage increases at small businesses in the U.S. continues to escalate, as August saw average hourly earnings growth hit 5.18 percent, compared with 5.03 percent in July 2022, according to the latest Paychex & IHS Markit Small Business Employment Watch report. At $30.71 per hour, average hourly earnings at small businesses have risen by $1.51 over the last 12 months.

Despite recession concerns amid resilient inflation, the labor market remains tight, causing small businesses in the U.S. to avoid salary reductions and layoffs.

Read on about how, despite challenges, global small businesses are dedicated to their employees.

Wednesday, September 07, 2022

Going Global Is a Top Priority for Companies – Being Sensitive in Your Approach Matters

©iStock/melitas
Going global is a top priority for companies all over the world. However, reaching international markets comes with its own set of challenges. 

New markets mean you may be selling to different demographics. And within any audience, there will be people from minority groups, including women, people with disabilities, LGBTQIA+ citizens, and BIPOC communities.

According to this article, if you want your brand to be a global success, it’s important to understand that markets today have become more progressive and diverse, and ignoring a community could be detrimental to your brand.

Read on to discover how to create culturally sensitive advertising.

Tuesday, September 06, 2022

Allison Davidson Motoyama of Dona Bela Shreds Presents An Exciting wegginar® on 9/7/22 at 11AM CT (n/c)

©2022 Women Entrepreneurs Grow Global®  All rights Reserved.
Join the wegg® family Wednesday, September 7 at 11AM CT when Allison Davidson Motoyama, founder and managing partner of Dona Bela Shreds, presents a wegginar®:

Recycling Textile Remnants into a Sustainable Global Business 

Allison has a lot of experience to share.  Some of the points she will cover are the:

  • Journey to creating a business and launching wholesale - In 2010 versus today.
  • Importance of upcycling and creating sustainable businesses for the future.
  • Challenges and opportunities of growing an e-commerce business.

She will also take your questions, and answer your questions, at the end of her presentation.

To learn more and to register (free of charge thanks to sponsors shown in graphic), visit here.  QR code:


  


Monday, September 05, 2022

Today in Global Small Business: The Labor Day Special Edition Honoring Men and Women Who Fought For Workers' Rights

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

Saturday, September 03, 2022

Looking At the World in a Playful and Curious and Creative Way

©2022 Laurel J. Delaney.  All rights reserved.
"It's sort of a mental attitude about critical thinking and curiosity. It's about mindset of looking at the world in a playful and curious and creative way." – Adam Savage

Friday, September 02, 2022

Leverage Social Media to Go Global

©iStock/metamorworks
Small and medium sized businesses around the world are leveraging social media and digital tools as a way to connect with their customers worldwide, according to a new survey from Ipsos. 

The online survey focused on how these businesses use digital tools, such as personalized online advertising, to carry out their business operations. This survey was conducted in 43 markets for Meta (“Facebook”) by Ipsos, interviewing more than 37,000 people ages 18+, who are founders, owners, senior executives, or senior managers of small and medium sized businesses (SMBs) in June and July of 2022.

Read more to discover how almost half of all small and medium sized businesses globally plan to extend their reach online.

Wednesday, August 31, 2022

Calling All Canadian E-Commerce Sellers! Walmart Will Help You Scale and Grow in the U.S. and Canada

©iStock/Kevin Brine
Walmart is recruiting Canada-based sellers to join its flagship U.S. Marketplace and serve a growing base of more than 120 million loyal online shoppers each month.

Entrepreneurs and e-commerce sellers interested in being among the first to explore the opportunity can sign up for the Virtual Walmart Global Seller Summit - Canada on Sept. 8. It will feature practical sessions hosted by Walmart executives and cross-border payments provider Payoneer. Attendees will learn how they can take advantage of simplified onboarding, streamlined fulfilment, targeted promotions, integrated financial services and other support to help them rapidly scale and grow in the U.S. and Canada.

Read more about how Walmart is inviting Canadian e-commerce companies to expand on its U.S. online marketplace.  To apply to join the Marketplace seller community, click here.

Tuesday, August 30, 2022

Where Do We Go From Here on Port Congestion?

©iStock/viavado
What's driving port congestion?  As C.H. Robinson says:

Right now, many retailers have a backlog of inventory in their warehouses, and frankly do not have room for more. While that, in part, explains why retail peak season will look very different this year, it does not explain why relief is not being felt at the ports. 

Even if we experience a late or mild peak of imports later this year or no peak at all, port challenges won’t be going away anytime soon. While each supply chain is unique and requires an equally unique strategy, there are some things you can consider to help you mitigate today’s disruption.

Read on to determine whether shippers can expect relief soon and what to do in the meantime.

Monday, August 29, 2022

Today in Global Small Business: Doing Good in This World

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

Saturday, August 27, 2022

Thursday, August 25, 2022

Covid-19 Still Clamps Onto Global Small Businesses

©iStock/Chaay_Tee
Even with Covid losing its grip on the population, businesses are still facing the aftershocks of the disaster. It would be safe to say the storm has not yet passed.

In this article, take a deeper dive into how Covid-19 still clamps onto global small businesses despite Covid-related restrictions being eased up.  Business owners still face new worries.

Wednesday, August 24, 2022

PepsiCo Launches Eco-friendly Lay’s Potato Chip Display Stands Throughout Europe

©iStock/Robert vt Hoenderdaal
Israel-based UBQ Materials, developer of advanced materials made from unsorted household waste, announced that PepsiCo is launching eco-friendly Lay’s potato chip display stands throughout Europe, made in part with UBQ bio-based thermoplastic substituting conventional oil-based plastics.

Read more about how Lay's potato chips will be stacked in Israeli eco-friendly material

Tuesday, August 23, 2022

Communicating with a Global Workforce

©iStock/RamCreativ
Companies will only get more global as communication across the world becomes easier. We must ensure that cultural differences are not assumed but understood.

Read on to learn how to communicate with a global workforce

Monday, August 22, 2022

Today in Global Small Business: Why Small Businesses Must Cross Borders

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

Saturday, August 20, 2022

Experience New Things

©2022 Laurel J. Delaney.  All rights reserved.
"See any detour as an opportunity to experience new things." – H. Jackson Brown, Jr.

Friday, August 19, 2022

Routines That Can Set You Up For Global Success

©iStock/nidwiw
To prep for their high-pressure days, many entrepreneurs map out morning routines that keep them alert, focused, and rejuvenated throughout the day.  Here are four morning habits of entrepreneurs who’ve raised millions for their companies.

I [Laurel Delaney here], don't feel so bad.  One entrepreneur said:  "I check [email] immediately."  That's exactly what I do and then go right into marketing The Global Small Business Blog's daily post.  Coffee comes later.

Thursday, August 18, 2022

Metaverse: Hype? Hope? Hell?

©iStock/Khanchit Khirisutchalual
Experts are split about the likely evolution of a truly immersive ‘metaverse.’ They expect that augmented- and mixed-reality enhancements will become more useful in people’s daily lives. Many worry that current online problems may be magnified if Web3 development is led by those who built today’s dominant web platforms.

Metaverse:  Hype? Hope? Hell?  Maybe all three

Wednesday, August 17, 2022

How to Bring Out the Greatness In Every Employee

©iStock/Fighter_Francevna
GrowthSpace – which leverages algorithms to match individual employees and groups of employees with experts for development sprints – was founded in 2018 by Dan Terner, Izhak Kedar and Omer Glass.

The company today announced that it raised $25 million in Series B financing led by Zeev Ventures, with participation from M12 (Microsoft’s venture fund) and Vertex Ventures, bringing GrowthSpace’s total raised to $44 million. 

Glass says, "GrowthSpace will use these funds to expand globally to meet rapidly growing demand and to continue to expand its competitive edge through tech innovation."

Tuesday, August 16, 2022

What It Takes to Generate Value-Creating Growth in 2022

©iStock/Yuril Karvatskyi
To buck these trends – slowing global economy, rising inflation, and geopolitical uncertainty – business leaders need to follow a holistic growth blueprint consisting of three core elements: 

  1. A bold aspiration and accompanying mindset 
  2. The right enablers embedded in the organization
  3. And clear pathways in the form of a coherent set of growth initiatives

To understand how organizations can try to overcome obstacles, McKinsey & Company studied the growth patterns and performance of the world’s 5,000 largest public companies over the past 15 years through various lenses. 

Their findings suggest ten imperatives that should guide organizations seeking to outgrow and outearn their peers.  And No. 8 is:  Go global if you can beat local.  Expand internationally if you have a transferable advantage.

Find out what it takes to generate value-creating growth for a business.

Monday, August 15, 2022

Today in Global Small Business: Where Is Your Organization In Its Leadership Journey?

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

  • We need leaders we can trust, who genuinely care and connect with us.  Is that you?
  • How the rules of success are changing.
  • What should you be reading this summer to stay resilient? Find out here from CEOs, founders, Nobel Prize winners, editors-in-chief, economists, and government leaders from around the world.
  • Quote of the week: “Our chief want is someone who will inspire us to be what we know we could be.” – Ralph Waldo Emerson
  • Build a metaverse strategy to deliver sustainable outcomes.
  • Learn about resilient transformation.

 

Saturday, August 13, 2022

Bring Your Own Sunshine

©2022 Laurel J. Delaney.  All rights reserved.
"Wherever you go, no matter what the weather, always bring your own sunshine." – Anthony D'Angelo 

Friday, August 12, 2022

If GDP Is Falling, Will the Global Economy Shrink?

©iStock/Darren415
If Gross Domestic Product (GDP) is falling, then the economy is shrinking - bad news for businesses and workers. If GDP falls for two quarters in a row, that is known as a recession, which can mean pay freezes and lost jobs.

GDP is one of the most important tools for looking at how well, or badly, an economy is doing.

GDP can be measured in 3 ways  Output, expenditure and income. Yet GDP growth doesn't tell the whole story.

Find out what GDP is and how it is measured.

Thursday, August 11, 2022

The Global Plastics Outlook Through 2060

©iStock/ Kriengsak Tarasri
In recent years, growing awareness of ubiquitous plastic pollution has steered public opinion and paved the way for stronger policy intervention on this front. The OECD Global Plastics Outlook reports seek to inform and support these efforts.

Plastic pollution is one of the great environmental challenges of the 21st century, causing wide-ranging damage to ecosystems and human health, while the fossil-fuel origins of most of the plastics produced have implications for climate change. Yet plastics have become an integral part of the global economy, being used in almost all economic sectors.

Read the report on Global Plastics Outlook:  Policy Scenarios to 2060

Wednesday, August 10, 2022

The Ever-Growing Small Business Export Market

©iStock/bugphal
Whether it's Mississippi, Massachusetts or Main, exporting is a great way to great your business.

"Businesses that export generally earn higher revenues, create more jobs, pay higher wages and are less likely to go out of business," [Arun] Venkataraman [Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service, Jackson, MS] said. "My priority is to expand the pool of exporters to include (Mississippians) and diverse businesses."

Small business exporters are essential to building a robust, dynamic, and equitable economy," Venkataraman goes on to say. "We want to help support that effort."

Tuesday, August 09, 2022

A Great Resource for the Illinois Global Business and Entrepreneurship Ecosystem

©iStock/JaySi
One of the best kept secrets in Chicago is the long-standing nonprofit International Trade Association of Greater Chicago (ITA/GC), which provides a forum for the exchange of up-to-date and practical information on the trends and tools of the ever-changing global marketplace.

Established in 1977 (name changed to ITA/GC in 1985) by Richard Paullin who is considered the Mayor of global trade in Chicago.  Richard has been bringing people and ideas together since then on a global scale.  Nobody knows the global business and entrepreneurship ecosystem better than Richard.

His organization also produces and distributes the well-known Illinois International Business Calendar – a consolidated list of all major global business themed events in the Chicagoland area – including ITA/GC programs and events.  By signing up for the PDF listing, you never miss an important event. Plus, you can even submit your event to him for a listing.

To become a member of the organization, visit ITA/GC/.

Richard will be giving a few words at the 7th Annual Global Small Business Forum hosted virtually on Friday, October 21, 2022 (and supported by lead sponsor Associated Bank).  He has supported and been involved in the Forum since its launch in 2015.  To learn more about the Forum, which has become the biggest and best global small business forum in Chicago, visit: https://globalsmallbusinessforum.com.  Registration is OPEN.

Monday, August 08, 2022

Today in Global Small Business: Get Ready for the Wave of Digitization

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

  • A rapid wave of digitization over the last few years sparked a significant shift in how businesses make and receive payments. American Express introduces Global Pay, a B2B cross-border payment solution for small businesses.
  • The market read the Federal Reserve wrong.  Here's how.
  • Here are five things by Gene Marks in technology that happened this past week and how they affect your business.
  • Quote of the week: "One of the factors that I believe is the biggest obstacle to transformation is the fear of cannibalization.”— Ganesh Ayyar, Mphasis
  • As provided by Gene Marks, more than than 60% of world population will use digital wallets by 2026.  Get ready.
  • IRS updates crypto questions for 2022 tax return to include gifts.

Saturday, August 06, 2022

My Mind Is My Own Church

©2022 Laurel J. Delaney.  All rights reserved.
"My mind is my own church." – Thomas Paine

Friday, August 05, 2022

India Is Shaping the Future of E-commerce

©iStock/insta_photos
This month, retail giants and government regulators around the world will be watching closely as India rolls out the Open Network for Digital Commerce (ONDC) in 100 major cities. 

ONDC is a government-backed initiative that was conceived by non-profit think tanks. The project, championed by Indian billionaire and Infosys founder Nandan Nilekani, aims to create a level playing field in online commerce by putting tens of millions of kiranas (Indian family businesses) on an even footing with online giants such as Amazon, Google, and India’s Flipkart(a Walmart subsidiary).

Read on to see how India is shaping the future of e-commerce, at least for the summer of 2022.