Asia Pacific SMEs Need to Unlock Global Growth Potential

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According to "Why small business is missing out on a world of opportunity," published by SMBAsia:

In Asia Pacific, small- to medium-size enterprises – or SMEs as we often refer to them– make up 98% of all businesses, employ 50% of the workforce and generate 42% to GDP, so it is important that they continue to succeed and grow.

But are most SMEs leveraging international trade to help boost their revenues and profitability?  Everyone knows, or should know, that there is a correlation between exporting and achieving rapid growth, for example.  Further, exporting, in this case, helps SMEs achieve economies of scale, reduce risks and balance uneven growth cycles.

The trick is to unlock SME global growth potential.  How do you do it?  You can find some ideas here.

Today in Global Small Business: Tap Into China's Fast-Growing Middle Class

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

• How to build a globally integrated business model.
• Six signs you need a global ecommerce solution.
• Top 20 resources for global women entrepreneurs.
• Why a world of opportunity awaits those who export.
• Why you should tap into China's fast-growing middle class.
• How Ireland is becoming a potential hub for foreign SMEs.

A World of Opportunity

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The International Monetary Fund (IMF) reports that the world is in the grips of a deepening recession. I look at it that we are in the grips of a world of opportunity. We just have to work smart at finding it.

Read more here.

Separately, I was a part of a vibrant panel discussion on global business early yesterday morning for Crain's Chicago Business. I met so many interesting people and I just want to say, "thank you" to all who came up to me after the talk to say nice things. One attendee, a trained psychologist who specializes in family business said, "One of your statements really resonated with me." And I quickly asked, "Oh, you mean the one about 'begin with the end in mind?'" He said, "No, the one where you declared 'make it very hard for people on the Internet not to find you." To him and everyone else who attended, I say, "nice to meet you and thank you for listening!"