Time to Think Big (and Global) American Small Businesses!

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US micro-, small, and medium-size enterprises, like their global counterparts, struggle with productivity. But a win–win economic fabric connecting all businesses can maximize their potential.

At a glance: 

• Micro-, small, and medium-size enterprises (MSMEs) are the bedrock of the US economy. 
• MSMEs in the United States are only half as productive as large companies, compared with 60 percent in other advanced economies. 
• MSME performance varies across US states and metro areas. 
• Interactions between small and large businesses are key to boosting collective productivity. 

Read the entire report by McKinsey Global Institute, October, 2024.

Presented by John Yunker: Web Globalization Tips for Small Businesses (wegginar® on 6/1/22)

©2022 Women Entrepreneurs Grow Global®.  All rights reserved.

There is no one who knows web globalization better than Women Entrepreneurs Grow Global's next wegginar® presenter John Yunker, co-founder of Byte Level Research.  John is back by popular demand! Yes! Let me challenge you a bit to see what you know before I entice you to register for our (free of charge) wegginar, "Think Big; Think Global:  Web Globalization Tips for Small Businesses," taking place on tomorrow, Wednesday, June 1st LIVE at 11AM CT: https://bit.ly/382t2fC 

• What is your global gateway strategy?
• Are you having trouble with abandoned shopping carts?
• Do you understand the importance of body language and photos you use on your website?
• Do you use a map icon to signify global on your website?
• Colors carry a significant cultural, political, and personal meaning; what colors are you using on your website? 
• Are you using flags as a navigation aid on your website? 

All of this is covered in John Yunker's book, Think Outside the Country: A Guide to Going Global and Succeeding in the Translation Economy, one of my all-time favorites.

But back to John's wegginar ... he will be covering:

• The second language you should add to your website
• Essential web globalization terminology and trends
• Tips for going global on the cheap
• The dangers of using flags on your website 

And, the best part is we will be able to pick John's brain at the end of his presentation for 10 minutes to ASK any questions you have. Let's do it and get smarter today on web globalization, together.

Sign up here: https://bit.ly/382t2fC

Establish Sales in Other Countries

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Outside the high-tech realm, pundits say automotive suppliers need to broaden their geographic reach by establishing sales and satellite operations in other countries.  You have to think big.

“This is the way of the future. You have to have a global footprint or representation of some type in other countries,” said Azzopardi [Jonathon Azzopardi, president and CEO of Laval Intl., a mould manufacturer in Tecumseh, Ont.].

Read more about the automotive outlook -- local and global.

Today in Global Small Business: Start Small When Thinking Big

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

• Why it pays to start small when thinking BIG.
• How successful SMEs are reinventing global business.
• Why it's important to bridge the global digital divide and provide easy and affordable access via the Internet to millions across the world.
• The global village (Internet) is alive, well and growing -- see for yourself on the numbers.
• How the exponential growth of technologies will transform industries and pose new opportunities—and hurdles—for business and society (2011). 
• How surging service exports can augur a healthier UK trade future.

Learn to Think Globally

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How do you develop a global mindset? How do you run a business creatively spanning great distances, multiple cultures and different time zones?

Get a global education. It will allow you to experience the flavor of the world beyond what a book could ever offer.

New Generation of Global Entrepreneurship

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Patrick Casserly started small in the business dedicated to the provision of back office processing and call centre services. His primary duty on his first day of operation was to mop the floor. But he was thinking big, building on the advantage of Jamaica as the third largest English speaking country in the hemisphere, and their propensity to talk, and now Patrick has a business that employs 2,100 people, which is likely to grow to 2,600 by year-end. How did he do it?

Hints: Start small. Position globally. Think BIG.