In Small Business CEO
A special thanks to Steve Rucinski (Small Business CEO), Anita Campbell (Small Business Trends) and Peter Thusat (SMB Trendwire) for allowing me the opportunity to talk about a subject I am so passionate about: going global. It is our gift (listen in below) to all of you and we hope it encourages you to make going global one of your new year resolutions! -- All the best, Laurel
~~~~~~~~~~
Note: This AudioCast is Free!
-- Do you need new markets to grow?
-- Do you have a perception that going global is a huge effort?
-- Do you have the Global IQ to get it done?
-- What are the best countries to export to?
-- What resources are there to help me?
These questions and more are answered by one of the best small business globalization experts available, Laurel Delaney on our SMB Trendwire AudioCast. Learn more about what we call WII-FM (What’s in it for me) in taking your small business global. Laurel answers several audience questions and talks about what a small business should do and not do to go global.
This call was held December 30th at 4 pm EST but you can listen to the archive for FREE by clicking here.
Or, go here to the page link that takes you to the broadcast.
Friday, December 31, 2004
Wednesday, December 29, 2004
Miracle on eBay Street: Starring ... Entrepreneurs!
In The Financial Times
More on how eBay helps set loose the international entrepreneurial spirit. Here are the last two paragraphs from this wonderful commentary:
• The third explanation is perhaps the strongest: eBay has helped to unleash the entrepreneurial force of millions of small business people, giving instant access to bigger regional, national, or even international markets. The tie-seller from Michigan, for instance, has sold an average of three items a week online this year. That may not by itself provide a living, but it is typical of the millions of people who can supplement incomes, or create full-time businesses, thanks to the online marketplace.
• The simple but powerful ideas that have combined to make eBay an internet powerhouse could one day end up having a far broader effect on global commerce. eBay itself points to a potential market for online auctions of $3,000bn, eventually spanning things such as industrial equipment, wholesale goods and specialised business services. Such grandiose claims smack of internet hubris, circa 1999. But after the advances of the last few years, they are not so easily dismissed.
To read the entire editorial, visit: A miracle not just for Christmas
More on how eBay helps set loose the international entrepreneurial spirit. Here are the last two paragraphs from this wonderful commentary:
• The third explanation is perhaps the strongest: eBay has helped to unleash the entrepreneurial force of millions of small business people, giving instant access to bigger regional, national, or even international markets. The tie-seller from Michigan, for instance, has sold an average of three items a week online this year. That may not by itself provide a living, but it is typical of the millions of people who can supplement incomes, or create full-time businesses, thanks to the online marketplace.
• The simple but powerful ideas that have combined to make eBay an internet powerhouse could one day end up having a far broader effect on global commerce. eBay itself points to a potential market for online auctions of $3,000bn, eventually spanning things such as industrial equipment, wholesale goods and specialised business services. Such grandiose claims smack of internet hubris, circa 1999. But after the advances of the last few years, they are not so easily dismissed.
To read the entire editorial, visit: A miracle not just for Christmas
Tuesday, December 28, 2004
Join Us for a Conversation on "Globalizations Impact on Small Business" December 30th at 4 p.m. EST
In SMB TrendWire
Please join us for a conversation on "Globalizations Impact on Small Business" where I will be sharing my knowledge on what it takes to expand your business internationally, including what factors to consider before going global and whether China should be a part of your strategy. I will also be answering your questions and talking about what a small business can do to go global.
This call will be December 30th at 4 pm EST, USA and will last for approximately 45 minutes.
To register for the event, click here -> SMB TrendWire "Globalization" registration page ... and then be sure to scroll down to the registration box at the bottom of the page.
See you Thursday!
Cheers,
Laurel
Please join us for a conversation on "Globalizations Impact on Small Business" where I will be sharing my knowledge on what it takes to expand your business internationally, including what factors to consider before going global and whether China should be a part of your strategy. I will also be answering your questions and talking about what a small business can do to go global.
This call will be December 30th at 4 pm EST, USA and will last for approximately 45 minutes.
To register for the event, click here -> SMB TrendWire "Globalization" registration page ... and then be sure to scroll down to the registration box at the bottom of the page.
See you Thursday!
Cheers,
Laurel
Sunday, December 26, 2004
Melding Radically Different Corporate Cultures
In The Ledger.com
Small businesses can learn many lessons from this interesting article on Chinese computer make Lenovo Group who just bought IBM's PC unit.
Here's a question posed in the article:
American multinational companies outsource manufacturing to China. Why can't a Chinese company outsource management to the United States?
Find out the answer here: Chinese Buyer of PC Unit Is Moving to I.B.M.'s Hometown
Small businesses can learn many lessons from this interesting article on Chinese computer make Lenovo Group who just bought IBM's PC unit.
Here's a question posed in the article:
American multinational companies outsource manufacturing to China. Why can't a Chinese company outsource management to the United States?
Find out the answer here: Chinese Buyer of PC Unit Is Moving to I.B.M.'s Hometown
Wednesday, December 22, 2004
Happy Birthday World Trade Organization (WTO)!
In Inc.
Find out how the WTO is opening the minds of small business exporters to possibilities that might not have been there before:
"WTO is an organization best known for sparking riots also deserves some credit for promoting the interests of American entrepreneurs."
Find out how the WTO is opening the minds of small business exporters to possibilities that might not have been there before:
"WTO is an organization best known for sparking riots also deserves some credit for promoting the interests of American entrepreneurs."
Monday, December 20, 2004
Trade Mission Builds Chinese Ties For Small Businesses
In MSNBC
The following article link presents a good look at how small busineses located in Pennsylvania are making great strides in China with the help of supporting organizations, including SBA. Here are a couple of engaging snippets from the piece:
• "The cultural changes occurring in China right now are simply overwhelming," he said. "The openness to western product and western culture is shocking."
• Even as the growth of the Chinese economy causes concern over outsourcing issues due to its low labor costs, Mr. Kunkel sees a growing middle class in China with increasing disposable income and an appetite for western goods.
• "You cannot do business in China without having some face-to-face and having a physical presence there," he said. "It's not a believable offer to the Chinese if you're not physically there."
To read the entire article, visit:
Trade Mission Builds Chinese Ties For Small Businesses
The following article link presents a good look at how small busineses located in Pennsylvania are making great strides in China with the help of supporting organizations, including SBA. Here are a couple of engaging snippets from the piece:
• "The cultural changes occurring in China right now are simply overwhelming," he said. "The openness to western product and western culture is shocking."
• Even as the growth of the Chinese economy causes concern over outsourcing issues due to its low labor costs, Mr. Kunkel sees a growing middle class in China with increasing disposable income and an appetite for western goods.
• "You cannot do business in China without having some face-to-face and having a physical presence there," he said. "It's not a believable offer to the Chinese if you're not physically there."
To read the entire article, visit:
Trade Mission Builds Chinese Ties For Small Businesses
Friday, December 17, 2004
New Research on Canada's Small Business Export Markets
In Western Economic Diversification Canada
The Honourable Stephen Owen, Minister of Western Economic Diversification and Minister of State (Sport) today released Western Canada's Small Business Markets: A Survey of Selling. The report presents new findings on domestic and international markets served by western Canadian small businesses in the technology, manufacturing and business services sectors.
"Small businesses are the engine of economic growth and employment in Western Canada," said Minister Owen. "This type of research enables governments to work with other partners to strengthen and expand this essential segment of the economy."
If you are conducting business in Canada or if you are operating in the USA and are interested in learning more about the Canadian small business market, be sure to read the following press release which provides a link to the free-of-charge research report at the end:
Research on Small Business Export Markets
The Honourable Stephen Owen, Minister of Western Economic Diversification and Minister of State (Sport) today released Western Canada's Small Business Markets: A Survey of Selling. The report presents new findings on domestic and international markets served by western Canadian small businesses in the technology, manufacturing and business services sectors.
"Small businesses are the engine of economic growth and employment in Western Canada," said Minister Owen. "This type of research enables governments to work with other partners to strengthen and expand this essential segment of the economy."
If you are conducting business in Canada or if you are operating in the USA and are interested in learning more about the Canadian small business market, be sure to read the following press release which provides a link to the free-of-charge research report at the end:
Research on Small Business Export Markets
Monday, December 13, 2004
Small Business Targeted By eBay
In AZ Central.com (requires a quick, three-step free registration process)
The following article indicates that eBay is now marketing its services as the place for small businesses to set up shop, sell excess inventory and seek out equipment bargains. It is a far cry from doing business on a large scale internationally but for those who like the idea of saying they at least sold a customer in a place outside the United States, it's worth your effort.
Here's what the article states and it appears there is nothing new being reported beyond what Anita Campbell already covered at Small Business Trends:
• Two key trends: increasing numbers of Internet users and growing global e-commerce. Citing data from IDC, which provides information technology research, Toney said Internet users will grow to 1.1 billion in 2007, from 702 million in 2003. Global e-commerce is expected to grow to $7.1 trillion in 2007, from $1.6 trillion in 2003.
If there was a way that eBay could allow people to sell cases, pallets and containerloads of merchandise one transaction at a time, then I see eBay as a platform to a most remarkable e-commerce future for all of us. But until then, all eBay small-biz shops will just have to settle for selling one single Beanie Babie in Japan, one Pez dispenser in Ireland and one Marilyn Monroe doll in Argentina to make a claim that they are now operating as a global small business.
To read the article, visit: Small business targeted by eBay
The following article indicates that eBay is now marketing its services as the place for small businesses to set up shop, sell excess inventory and seek out equipment bargains. It is a far cry from doing business on a large scale internationally but for those who like the idea of saying they at least sold a customer in a place outside the United States, it's worth your effort.
Here's what the article states and it appears there is nothing new being reported beyond what Anita Campbell already covered at Small Business Trends:
• Two key trends: increasing numbers of Internet users and growing global e-commerce. Citing data from IDC, which provides information technology research, Toney said Internet users will grow to 1.1 billion in 2007, from 702 million in 2003. Global e-commerce is expected to grow to $7.1 trillion in 2007, from $1.6 trillion in 2003.
If there was a way that eBay could allow people to sell cases, pallets and containerloads of merchandise one transaction at a time, then I see eBay as a platform to a most remarkable e-commerce future for all of us. But until then, all eBay small-biz shops will just have to settle for selling one single Beanie Babie in Japan, one Pez dispenser in Ireland and one Marilyn Monroe doll in Argentina to make a claim that they are now operating as a global small business.
To read the article, visit: Small business targeted by eBay
Monday, December 06, 2004
A Field Guide to the Falling Dollar
In The New York Times
What I think is intriguing about this article is that it talks about the BIG guys, Volkswagen and Cadillac (a division of General Motors), on what the falling dollar means to our economy yet quotes one of my favorite SBA experts, Harvey D. Bronstein, a senior international economist at the Small Business Administration! Here's the clip on what he and a professor said about the falling dollar:
... said Maurice Obstfeld, a professor of economics at the University of California at Berkeley. "It takes time to reallocate resources to export industries so they can produce more," he said. "It also takes time for foreign demand to adjust, and switch to new sources of supply."
Long-term contracts can contribute to these delays, said Harvey D. Bronstein, a senior international economist at the Small Business Administration. "You have to build relationships and a trust level with purchasers in other countries. This takes much longer than the daily or monthly fluctuations in currency values."
To read the entire article, visit:
A Field Guide to the Falling Dollar
What I think is intriguing about this article is that it talks about the BIG guys, Volkswagen and Cadillac (a division of General Motors), on what the falling dollar means to our economy yet quotes one of my favorite SBA experts, Harvey D. Bronstein, a senior international economist at the Small Business Administration! Here's the clip on what he and a professor said about the falling dollar:
... said Maurice Obstfeld, a professor of economics at the University of California at Berkeley. "It takes time to reallocate resources to export industries so they can produce more," he said. "It also takes time for foreign demand to adjust, and switch to new sources of supply."
Long-term contracts can contribute to these delays, said Harvey D. Bronstein, a senior international economist at the Small Business Administration. "You have to build relationships and a trust level with purchasers in other countries. This takes much longer than the daily or monthly fluctuations in currency values."
To read the entire article, visit:
A Field Guide to the Falling Dollar
Abridged Borderbuster 12/6/04
If you are not a subscriber to Borderbuster, here's a glimpse of what you missed:
CONTENTS
1. Welcome From The Publisher
2. Feedback From Our Readers
3. Manifesto: Global Guru. Shaking Things Up. Making Things Happen
4. Business Cultural Tips: Have Some Fun!*
5. Wisconsin Entrepreneurs Need To Self-Promote Like Coastal Rivals
6. How I Went Global: Ongoing Series // Franchising In India*
7. A Reader Asks: Q&A*
8. Everybody Loves a Freebie -- repeat: FREE OFFER*
9. Number of Mainland Entrepreneurs On The Rise*
10. Baby Steps Led Mother To National Export Award
11. What, If Anything, Will Sink The Global Economy?*
12. Google CEO Proud of Dutch Auction IPO*
13. Watch for Laurel’s New e-Book: “Godzilla Global Marketing”*
14. Take A Walk On The Wild Side (TAWOTWS)*
15. Wind Behind Your Sail*
16. Miscellany*
Sample section:
11. WHAT, IF ANYTHING, WILL SINK THE GLOBAL ECONOMY?
*Subscriber Exclusive*
While the global economy has been growing at a healthy pace, the prospect of rising interest rates, a housing market crash, oil price shocks and instability in the Chinese economy could create setbacks in the future, according to speakers on a recent Wharton Finance Conference panel titled, "The Global Economy: Have Traction, Will Travel."
To read the entire article, visit:
What, If Anything, Will Sink The Global Economy?
To subscribe to Borderbuster, visit:
Sign Up For Borderbuster Here
CONTENTS
1. Welcome From The Publisher
2. Feedback From Our Readers
3. Manifesto: Global Guru. Shaking Things Up. Making Things Happen
4. Business Cultural Tips: Have Some Fun!*
5. Wisconsin Entrepreneurs Need To Self-Promote Like Coastal Rivals
6. How I Went Global: Ongoing Series // Franchising In India*
7. A Reader Asks: Q&A*
8. Everybody Loves a Freebie -- repeat: FREE OFFER*
9. Number of Mainland Entrepreneurs On The Rise*
10. Baby Steps Led Mother To National Export Award
11. What, If Anything, Will Sink The Global Economy?*
12. Google CEO Proud of Dutch Auction IPO*
13. Watch for Laurel’s New e-Book: “Godzilla Global Marketing”*
14. Take A Walk On The Wild Side (TAWOTWS)*
15. Wind Behind Your Sail*
16. Miscellany*
Sample section:
11. WHAT, IF ANYTHING, WILL SINK THE GLOBAL ECONOMY?
*Subscriber Exclusive*
While the global economy has been growing at a healthy pace, the prospect of rising interest rates, a housing market crash, oil price shocks and instability in the Chinese economy could create setbacks in the future, according to speakers on a recent Wharton Finance Conference panel titled, "The Global Economy: Have Traction, Will Travel."
To read the entire article, visit:
What, If Anything, Will Sink The Global Economy?
To subscribe to Borderbuster, visit:
Sign Up For Borderbuster Here
Saturday, December 04, 2004
Secrets to Conducting Business in China
China -- being one of the most powerful countries on the planet -- is the talk of the world for its phenomenal potential. For all of you who have considered doing business in China and are not sure how to get started, this article (along with a comprehensive listing of resources) is for you: 10 Best-Kept Secrets To Selling In China
Monday, November 29, 2004
Why The Dollar Is Giving Way
In BusinessWeek
Curious as to what's going on with the dollar? If you have time, read this comprehensive commentary:
Why The Dollar Is Giving Way
Curious as to what's going on with the dollar? If you have time, read this comprehensive commentary:
Why The Dollar Is Giving Way
Friday, November 26, 2004
Baby Steps Led Mother To National "Entrepreneurial Export Award"
In BusinessEdge (Vancouver, B.C.)
Sandra Wilson is putting her best foot forward as she steps up to receive the 2004 Canadian Woman Entrepreneur of The Year Export Award.
The Burnaby-based maker of soft-soled leather baby shoes was honoured last week at a gala dinner in Toronto by BMO Financial Group. “This award means a little bit of recognition of the time, the effort and the energy that has gone into building this business,” says Wilson, owner of Robeez Footwear Ltd. “Most people think we are an overnight success story, but it has actually taken us 10 long years.”
To read Sandra's story about how she started her exporting business in her basement and grew it into a U.S. $15 million-dollar exporting business, visit: Baby Steps Led Mother To National Export Award
Sandra Wilson is putting her best foot forward as she steps up to receive the 2004 Canadian Woman Entrepreneur of The Year Export Award.
The Burnaby-based maker of soft-soled leather baby shoes was honoured last week at a gala dinner in Toronto by BMO Financial Group. “This award means a little bit of recognition of the time, the effort and the energy that has gone into building this business,” says Wilson, owner of Robeez Footwear Ltd. “Most people think we are an overnight success story, but it has actually taken us 10 long years.”
To read Sandra's story about how she started her exporting business in her basement and grew it into a U.S. $15 million-dollar exporting business, visit: Baby Steps Led Mother To National Export Award
Monday, November 22, 2004
Playing the "Wal-Mart-China" Global Game
In response to the many postings on blogs -- from Small Business Trends to The Entrepreneurial Mind -- about eBay's international expansion and how they are enabling small businesses to go global, I'd like to bring up another monster of a company and country who are not necessarily leading the way for small businesses to go global but influencing the international marketplace: Wal-Mart and China.
Wal-Mart has achieved economies of scale that are unprecendented when it comes to its purchases from the biggest country-customer in the world: China. Here are some facts I tracked over the last couple of days on just how BIG the Wal-Mart and China game is:
• Wal-Mart is termed China's eight-largest trading partner by the government-controlled mainland media and would place ahead of Russia and the United Kingdom on the top-10 list.
• Wal-Mart would be the fifth-largest importer of Chinese manufactured items if it were considered as a nation.
• The U.S. is expected to run up a total trade deficit of more than $600 billion in 2004, with the deficit in its bilateral trade with China contributing $150 billion.
• Wal-Mart imported $15 billion in goods from China in the fiscal year that ended January 31, 2004. About $7.5 billion were directly imported by Wal-Mart, the other $7.5 billion came indirectly through suppliers.
• In the same period noted above, Wal-Mart's total net sales reached $256 billion, with roughly $209 billion coming from U.S. operations.
Here's what I researched on the dollar-yuan situation that you might find interesting:
It all begins when American consumers plunk down their credit cards at Wal-Mart stores anxious to buy appliances, toys and clothes at rock-bottom prices. But because the United States imports roughly $6.50 in goods from China for every $1 that America exports to China, the Beijing central bank ends up with a huge reserve of dollars, amounting to $514.5 billion, for example, at the end of September.
Not wanting a boatload of dollars in its vaults, the People's Bank of China, the central bank, uses a huge portion of its reserves to buy Treasurys. THIS IS A KEY TO KEEPING THE YUAN FROM APPRECIATING AND THE DOLLAR STABLE AT 8.28 YUAN. It also keeps U.S. consumer prices down along with interest rates, which means for now that Americans can continue to plunk down those credit cards at Wal-Mart during the upcoming holiday season.
What's a small business to do? Navigate your way around this monster "Wal-Mart-China" relationship and either export goods that are the world's best at their intended purpose to China or go elsewhere.
Wal-Mart has achieved economies of scale that are unprecendented when it comes to its purchases from the biggest country-customer in the world: China. Here are some facts I tracked over the last couple of days on just how BIG the Wal-Mart and China game is:
• Wal-Mart is termed China's eight-largest trading partner by the government-controlled mainland media and would place ahead of Russia and the United Kingdom on the top-10 list.
• Wal-Mart would be the fifth-largest importer of Chinese manufactured items if it were considered as a nation.
• The U.S. is expected to run up a total trade deficit of more than $600 billion in 2004, with the deficit in its bilateral trade with China contributing $150 billion.
• Wal-Mart imported $15 billion in goods from China in the fiscal year that ended January 31, 2004. About $7.5 billion were directly imported by Wal-Mart, the other $7.5 billion came indirectly through suppliers.
• In the same period noted above, Wal-Mart's total net sales reached $256 billion, with roughly $209 billion coming from U.S. operations.
Here's what I researched on the dollar-yuan situation that you might find interesting:
It all begins when American consumers plunk down their credit cards at Wal-Mart stores anxious to buy appliances, toys and clothes at rock-bottom prices. But because the United States imports roughly $6.50 in goods from China for every $1 that America exports to China, the Beijing central bank ends up with a huge reserve of dollars, amounting to $514.5 billion, for example, at the end of September.
Not wanting a boatload of dollars in its vaults, the People's Bank of China, the central bank, uses a huge portion of its reserves to buy Treasurys. THIS IS A KEY TO KEEPING THE YUAN FROM APPRECIATING AND THE DOLLAR STABLE AT 8.28 YUAN. It also keeps U.S. consumer prices down along with interest rates, which means for now that Americans can continue to plunk down those credit cards at Wal-Mart during the upcoming holiday season.
What's a small business to do? Navigate your way around this monster "Wal-Mart-China" relationship and either export goods that are the world's best at their intended purpose to China or go elsewhere.
Friday, November 19, 2004
Entrepreneurship and global media coverage
In Wisconsin Technology Network News
This is a thoughtful and practical article on the importance of not just creating world-class products but also letting the world know about them! I highly recommend you read it to understand how "global" publicity plays a significant role in business success.
To read the entire article, visit: Wisconsin Entrepreneurs Need To Self-promote Like Coastal Rivals
This is a thoughtful and practical article on the importance of not just creating world-class products but also letting the world know about them! I highly recommend you read it to understand how "global" publicity plays a significant role in business success.
To read the entire article, visit: Wisconsin Entrepreneurs Need To Self-promote Like Coastal Rivals
Thursday, November 18, 2004
Another Crystal Ball
Posted in Always On
A real estate veteran looks at demographics and comes up with a new view.
Here's what Francine Hardaway of Stealthmode Partners had to say (an extract from article) on global outsourcing, entrepreneurship and small businesses but first, Leann Lachman did the numbers:
• And the office market, because the global outsourcing of skilled service jobs continues. By 2010, 1.7 million office jobs will go overseas, doubling by 2015 to 3.4 million.
• Lachman believes we will replace those jobs with something, but she's not sure what. I (Francine), of course, believe it will be small business and entrepreneurship, lean and mean, with strategic partnerships and strategic outsourcing (but no need for the kind of big office space of the past).
To read the entire mind-opening article, visit: Another Crystal Ball (A Look At Demographics and A New Worldview)
A real estate veteran looks at demographics and comes up with a new view.
Here's what Francine Hardaway of Stealthmode Partners had to say (an extract from article) on global outsourcing, entrepreneurship and small businesses but first, Leann Lachman did the numbers:
• And the office market, because the global outsourcing of skilled service jobs continues. By 2010, 1.7 million office jobs will go overseas, doubling by 2015 to 3.4 million.
• Lachman believes we will replace those jobs with something, but she's not sure what. I (Francine), of course, believe it will be small business and entrepreneurship, lean and mean, with strategic partnerships and strategic outsourcing (but no need for the kind of big office space of the past).
To read the entire mind-opening article, visit: Another Crystal Ball (A Look At Demographics and A New Worldview)
Friday, November 12, 2004
Coming Growth Strategy: Exporting!
In Small Business Trends (11/10/04)
As reported by small business trend expert Anita Campbell: Coming Growth Strategy: Exporting
And a very BIG thank you for mentioning our ChangeThis manifesto about small businesses going global in the report.
As reported by small business trend expert Anita Campbell: Coming Growth Strategy: Exporting
And a very BIG thank you for mentioning our ChangeThis manifesto about small businesses going global in the report.
Tuesday, November 09, 2004
ChangeThis manifesto: Global Guru. Shaking Things Up. Making Things Happen.
In Small Business CEO
A special thanks to founder Steve Rucinski at Small Business CEO Blog for mentioning and praising my just-released "ChangeThis Global Guru" manifesto. We hope the work inspires many of you to go global! You can download and read the manifesto (for free!) here: ChangeThis Global Guru Manifesto (11/9/04)
Spread the word and many thanks!
A special thanks to founder Steve Rucinski at Small Business CEO Blog for mentioning and praising my just-released "ChangeThis Global Guru" manifesto. We hope the work inspires many of you to go global! You can download and read the manifesto (for free!) here: ChangeThis Global Guru Manifesto (11/9/04)
Spread the word and many thanks!
Friday, November 05, 2004
Abridged Borderbuster 11/5/04
If you are not a subscriber to Borderbuster, here's a glimpse of what you missed:
CONTENTS
1. Welcome From The Publisher
2. Feedback From Our Readers
3. UPS CEO Says That All Business Today Is Global!*
4. Business Cultural Tips: Have Some Fun!*
5. Service Franchises Are Going Global
6. How I Went Global: Ongoing Series // WSJ Nobel*
7. A Reader Asks: Q&A*
8. Everybody Loves a Freebie -- repeat: FREE OFFER*
9. How to Write For A Multilingual Marketplace
10. Entrepreneur in a Global Organization
11. Export “Red Flags:” New Proposed Regulations*
12. The Next Generation of Global Branding*
13. Watch for Laurel’s New e-Book: “Godzilla Global Marketing”*
14. Take A Walk On The Wild Side (TAWOTWS)*
15. Wind Behind Your Sail*
16. Miscellany*
Sample section:
7. A READER ASKS: Q&A
*Subscriber Exclusive*
Q: Dear GlobeTrade Team,
We manufacture high-quality step ladders and are trying to figure out the best way to source complementary products in China to offer a family of hardware tools for our customers. Any suggestions?
A: You bet and we just caught this information in the November edition of IOMA’s report on “Managing Exports & Imports.” Here’s the clip:
China Sourcing Fairs provide exporters and importers a one-stop venue. The China Sourcing Fairs (www.chinasourcingfair.com), organized by Global Sources, bring together volume buyers with international-standard manufacturers from all over China to Shanghai. Buyers can benchmark and source from new, competitive China suppliers more effectively. Buyers can register for the shows, reserve a hotel room in Shanghai, and arrange a China visa at the site.
We have not used this resource but did scan the site and found it to be fairly comprehensive in – as it claims -- taking you to the center of China.
Good luck and let us know how it turns out.
Laurel and the GlobeTrade.com team
-> Got a question or a comment? Good. Send it here: info@globetrade.com
To subscribe to Borderbuster, visit:
Sign Up For Borderbuster Here
CONTENTS
1. Welcome From The Publisher
2. Feedback From Our Readers
3. UPS CEO Says That All Business Today Is Global!*
4. Business Cultural Tips: Have Some Fun!*
5. Service Franchises Are Going Global
6. How I Went Global: Ongoing Series // WSJ Nobel*
7. A Reader Asks: Q&A*
8. Everybody Loves a Freebie -- repeat: FREE OFFER*
9. How to Write For A Multilingual Marketplace
10. Entrepreneur in a Global Organization
11. Export “Red Flags:” New Proposed Regulations*
12. The Next Generation of Global Branding*
13. Watch for Laurel’s New e-Book: “Godzilla Global Marketing”*
14. Take A Walk On The Wild Side (TAWOTWS)*
15. Wind Behind Your Sail*
16. Miscellany*
Sample section:
7. A READER ASKS: Q&A
*Subscriber Exclusive*
Q: Dear GlobeTrade Team,
We manufacture high-quality step ladders and are trying to figure out the best way to source complementary products in China to offer a family of hardware tools for our customers. Any suggestions?
A: You bet and we just caught this information in the November edition of IOMA’s report on “Managing Exports & Imports.” Here’s the clip:
China Sourcing Fairs provide exporters and importers a one-stop venue. The China Sourcing Fairs (www.chinasourcingfair.com), organized by Global Sources, bring together volume buyers with international-standard manufacturers from all over China to Shanghai. Buyers can benchmark and source from new, competitive China suppliers more effectively. Buyers can register for the shows, reserve a hotel room in Shanghai, and arrange a China visa at the site.
We have not used this resource but did scan the site and found it to be fairly comprehensive in – as it claims -- taking you to the center of China.
Good luck and let us know how it turns out.
Laurel and the GlobeTrade.com team
-> Got a question or a comment? Good. Send it here: info@globetrade.com
To subscribe to Borderbuster, visit:
Sign Up For Borderbuster Here
Thursday, November 04, 2004
Women Entrepreneurs Enter the Global Marketplace
In The Fox School of Business and Management, Temple University
How can women enter the global marketplace and find success? As the numbers of women poised to enter the global marketplace accelerate, this question is becoming increasingly important. According to the U.S. Small Business Association, women-owned businesses currently account for 30 percent of businesses that export more than half of their products worldwide.
Here are a couple of great tips that I tracked in the article and they apply to both men and women alike who are interested in expanding internationally:
• Don’t let challenges take over opportunities (the biggest challenge women face in doing business internationally is the perception that they will not be as successful as men because of cultural assumptions about women’s roles in other countries, along with work and life balance issues. If women are supported by their companies and take the risk to get started, they will be just as successful).
• Create a targeted export strategy.
• Know your market and your product.
• Be proactive.
• International business is built on relationships (a skill at which women excel).
• Treat all business as local (women should be who they are, listen, have a sense of humor and be willing to share a bit about themselves with overseas counterparts).
To read the entire article, visit:
Conference Guides Women Entrepreneurs Entering the Global Marketplace
How can women enter the global marketplace and find success? As the numbers of women poised to enter the global marketplace accelerate, this question is becoming increasingly important. According to the U.S. Small Business Association, women-owned businesses currently account for 30 percent of businesses that export more than half of their products worldwide.
Here are a couple of great tips that I tracked in the article and they apply to both men and women alike who are interested in expanding internationally:
• Don’t let challenges take over opportunities (the biggest challenge women face in doing business internationally is the perception that they will not be as successful as men because of cultural assumptions about women’s roles in other countries, along with work and life balance issues. If women are supported by their companies and take the risk to get started, they will be just as successful).
• Create a targeted export strategy.
• Know your market and your product.
• Be proactive.
• International business is built on relationships (a skill at which women excel).
• Treat all business as local (women should be who they are, listen, have a sense of humor and be willing to share a bit about themselves with overseas counterparts).
To read the entire article, visit:
Conference Guides Women Entrepreneurs Entering the Global Marketplace
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