The Global Creator Economy Is Growing And Making Money

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The creators are the new global entrepreneurs.  And they are forming a new economy or ecosystem, if you will, that generates revenue. 

For example, your favorite influencer is available at the tap of a screen. That influencer can steer you to the products and services — and the merchants — you’d otherwise not encounter, were it not for Snapchat or Instagram. 

Read more about this fascinating journey from the old creators – to the new creators who are able to monetize their content and build a global business.

Today in Global Small Business: Working With An International Distributor

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

• Facebook aims to make shopping easier across its ecosystem.
• Chinese e-commerce giant JD.com Inc. has increased its presence in the emerging online grocery industry.
• Quote of the week: “We must create a kind of globalization that works for everyone...and not just for a few." – Nestor Kirchner
• Due to the region’s untapped potential, data has shown that Latin America is a leading region to grow your business.
• What you need to know for working with an international distributor (by Laurel Delaney).
• Even if you work locally, there’s a good chance that some of your employees or customers may speak other languages.

The Rise of Women Entrepreneurs in India

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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.

What's Driving Global Payment Ecosystem Innovation?

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With the Internet opening up new buying and selling avenues, SMEs are now expanding their business outside their national boundaries.  So it only makes sense that SMEs will drive the payment revolution.  The biggest reason being that the new global SMEs are being run by tech-savvy young generation entrepreneurs and secondly that the business model allows for global scalability.

Read more:  Small and Medium Enterprises to Drive Global Payment Ecosystem