How to Launch the Foreign Edition to the Huffington Post

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Is the Huffington Post content exportable?  We will soon find out.  The Huffington Post (now in the hands of big company AOL) intends to take on the UK, France, and then Brazil.

Learn more of their plans here.

Russia Gets Serious About E-Readers

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Russia-based Plastic Logic is on a mission:

To lead a revolution in the way people acquire, organize and consume information. We are using our proprietary technology leadership in plastic electronics to create a range of products enabling immediate information access, organization and consumption. We are a dynamic, fast-growing entrepreneurial company.

They have been funded by top-tier venture funding sources in Asia, Europe and the U.S. to complete product development in the U.K. and the USA.  In addition, they desire to a run specialized, scalable production facility in Germany, construct a second, volume production facility in Moscow, Russia and build strong go-to-market teams.

Learn more about Plastic Logic and read:

Apple, Microsoft, Plastic Logic Go Global For the Billion-Dollar Educational Table Market by Fast Company

Related posts:

Who Has the Edge On Wireless Reading Devices? (10/30/09)


Opening a New Global Frontier:  The iPad (4/3/10)

Here's How to Price Your Product For Import or Export Markets

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It's always a challenge determining the best import or export pricing for your product.  Is it based on your cost?  The market?  The product itself - unique or a commodity?  Perhaps this article might help.

How to Price Your Product Competitively For Import and Export Markets

Thanks To You and Other Fans, We Made the Top 100 Small Business Influencer 2011 Champion List!

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I am thrilled (honored might be a better choice of words) to make the "Top 100 Small Business Influencer 2011 Champion List!"  Thank you so much.  And I am delighted to be in such good company with the other 99 very cool influencers.

We extend our heartfelt appreciation to the Premiere Sponsor, Category Sponsors, Media Partners, nominators and judges for making this event possible -- especially Small Business Trends and smallbiztechnology.

Learn more about the program here.

Emerging Markets Build Their Own Networks For World Trade

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Emerging markets -- China, the Middle East, Latin America, and Africa -- are building networks among themselves not just for expanded trade in goods, but for:

short-term and long-term investment and the transfer of technological and managerial innovation in all directions. 

See how and why this is happening here.

Approve or Disapprove Free Trade Agreements?

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There are several free trade agreements (FTAs) pending:  South Korea, Panama and Colombia.  But are they really necessary?  A lot of folks think they are.  In the United States, many states have a stake in the FTA's passage.  Take a good look below.

Read:

Approval of trade agreements will benefit farmers, state - Canton, OH

Huelskamp:  Trade agreements necessary

Houston's Stake In Pending Congressional Free Trade Votes

How to Load a Container for International Shipping

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When you ship internationally, you want your cargo to be safe and arrive timely to its destination point  - not to mention transportation rates that are affordable for your customer!

Below, Capt. James J. McNamara, President of the National Cargo Bureau Inc., details how to load, stow and secure a freight container.  He can be contacted here.

10 Steps to Load, Stow and Secure a Freight Container

Posted by:  The Global Small Business Blog

What Is Indirect Export Selling?

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My latest contribution as the Import & Export Guide over at About.com (part of the New York Times):

Indirect Exporting:  Advantages and Disadvantages to Indirect Exporting

What method of export selling are you using?

Opinion of the World

©Laurel Delaney 2011, "Bridget and Matthew Get Married August 6, 2011," near Madonna della Strada, Loyola University Chicago

"In the opinion of the world, marriage ends all, as it does in a comedy. The truth is precisely the opposite: it begins all." ~ Anne Sophie Swetchine

What It Takes to Run the World

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Not that there is any similarity, but many years ago I read, "Women Who Run With the Wolves," a book about wolves and women who share a psychic bond in their fierceness, grace and devotion to mate and community. This comparison referenced in the book defines the archetype of the Wild Woman, a female in touch with her primitive side and her ability to rely on gut feelings to make choices.

Now, to the point of this post. Parag Khanna, a leading geo-strategist and world traveler, has authored "How to Run the World: Charting a Course to the Next Renaissance. I have not read it yet. Khanna addresses a lot of complex issues. One being:  Will 21st century diplomacy be complex?

Find out here.  Book available at Amazon.  Question posted there:

Q: What can America do to manage such a complex new global order?

A: America’s footprint in the world is much greater than that of its government alone. American companies spread financing, technology and management know-how around the globe, American universities have set up campuses across the Middle East and Asia to educate the next generation of leaders, and American citizens and charities are the most generous in the world. So America needs to stay open and engaged in the ways that have made it the most respected leader in decades past. Where America builds relations among citizens and not just governments, such as with Europe, Japan and India, alliances are much more long-lasting and stable.

So you can decide:  Run with the wolves or run the world?

Humanizing Our Connected World

Last year in September Eric Whitacre invited his online fans to participate in an ambitious attempt to create the world's largest virtual choir.

Featuring 2052 performances from singers in 58 countries, the Virtual Choir 2.0 - singing Whitacre's "Sleep" - is the largest assembled online in history, and far surpasses Whitacre's original goal of 900 voices.

You have to witness and listen - to believe it.  

Work On the Global Business, Not In It

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British Airways has an On Business program.  What is it?

On Business is our global loyalty programm designed to help small and medium-sized businesses maximize travel budgets.

Learn more here.  How it works.

New Open World of Science Goes Global

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The Institute For the Future research affiliate -- founder of spacehack.org and open science strategist Ariel Waldman -- announced at her morning keynote at OSCON (the O’Reilly Open Source Convention in Portland) that Science Hack Day is going global.

About Ariel Waldman:

Ariel is an open science strategist, interaction designer and the founder of Spacehack.org, a directory of ways to participate in space exploration. She currently works at Institute For The Future, a non-profit founded by early internet pioneers and ARPANET researchers. Recently, she founded Science Hack Day SF, an event that brings together scientists, technologists, designers and people with good ideas to see what they can create in a weekend.

Additionally, she sits on the advisory board for the SETI Institute's science radio show Are We Alone?, is a contributor to the book State of the eUnion: Government 2.0 and Onwards, and is the founder of CupcakeCamp. In 2008, she was named one of the top 50 most influential individuals in Silicon Valley. Previously, she was a CoLab Program Coordinator at NASA, a Digital Anthropologist at VML (a WPP agency), and a sci-fi movie gadget columnist for Engadget.

Learn more: Science Hack Day Goes Global

Posted by:  The Global Small Business Blog

How to Translate Social Media Activities Into International Expansion

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Liz Elting, co-founder and Co-CEO of TransPerfect, provides common pitfalls when translating social media activities into international expansion.

Four Social Media Pitfalls to Avoid As Your Business Goes Global

Here are the four:

1. Let social media efforts carry the international marketing campaign.
2. Isolate social media efforts from the rest of the international marketing strategy.
3. Adopt social media marketing abroad no matter what.
4. Put resources into social media at the beginning of a campaign, then taper off those efforts.

World: Celebrate Something!

©Laurel Delaney 2011, Cupcake Heaven

Go out and have yourself some fun.  Celebrate something.  Enjoy the weekend!

Will There Be a Change in the Global Economy?

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Standard & Poor's recent decision to downgrade the U.S. on its triple-A credit rating has people wondering whether this move will affect the entire global economy.

Find out here and be sure to read the reader's comments.  Always enlightening.

What Does It Mean to Be Truly Global?

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Having just given a presentation for the Women Presidents' Organization last week at McDonald's Hamburger University in Oakbrook, Illinois on "What It Means To Be Global," I was quite pleased to discover this newly published work featured below by one of my favorite authors:  C.K. Prahalad (may he rest in peace).

Background:

August 8 was C.K. Prahalad’s 70th birthday. To commemorate Prahalad’s work, strategy+business is pleased to publish an article that was in progress at the time of his death in April 2010. In it, he and his coauthor, Hrishi Bhattacharyya, explain why multinational business models are no longer relevant, and how skillful companies can integrate three strategies — customization, competencies, and arbitrage — into a better form of organization.

How to Be a Truly Global Company
by C. K. Prahalad and Hrishi Bhattacharyya

Snippet:

The problem is not globalization, but the way our current institutions are set up to respond to this new demand. The prevailing corporate operating model does not work well with the structural changes that have taken place in the global economy.

Definitely worth a read - several times over.

Past blog posts on CK:

• Revolutionizing How You Do Business in Developing Countries (9/1/09)
• The Magnificent Seven: Global Business Books in 2008 Worth a Read (1/7/09)
• Business As An Agent of World Benefit (9/15/06)
• The Innovation Sandbox (9/7/06)

Posted by:  The Global Small Business Blog

Five Countries To Look at For Expanding Internationally

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I can't say the five countries (Mexico is one) mentioned in the article below are the easiest nor friendliest places to do business but they do offer market potential if you are able to gain access.

Read:

Expanding Internationally?  Consider these business-friendly countries

America: Land of the Free, Home of the Brave

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Is the United States headed for a double-dip recession? Read what experts say here. And it's always provocative to obtain perspectives from country experts other than the United States.

Related:

America's economy:  Time for a double dip?

What's your opinion?

Australian Suits That Sizzle

How To Cultivate International Skills

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Go to a school that offers a global education. 

As national borders become less meaningful, business schools are pushing to increase the number of international students they attract as well as the amount of international work experience their domestic students get.

 Read:

Top MBA Programs Going Global

Google Gone Global Once Again

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Google Talk (VoIP service) is expanding its phone call service beyond the United States to more than 150 locations around the world in 38 languages.  No kidding.  No connection fees.  Pay only for talk time.

Many small businesses are turning to Skype to cut telephony costs, but with Google offering a lower-cost alternative, businesses and consumers may soon reap the benefits of increased competition.  

Learn more here.

How to Create An Export Action Plan

©Laurel Delaney 2011, Chicago Aon Center and Blue Cross Blue Shield Building

The process of developing a realistic export business plan and relevant activities that support your export vision is discussed in this column for Crain's Chicago Business.

How to Create -- and Act On -- An Export Business Plan

The New Normal: Going Global

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Takes a while to get to the point but the title and last sentence is so true.

Going Global Has Become the Norm

Related to going global:  50 Ways to Go Global

How to Test Cultural Adaptation Skills and Grit

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According to Fortune, corporations are taking a new approach to the overseas assignment and have begun to send employees abroad to work on short-term projects as a means to test how they work, and adapt, outside their comfort zones.

Could the days of traveling overseas to glamorous places on the company's nickel for global experience be over?

Read:

Overseas Job Assignments Get a Haircut

How To Sell Your Products Internationally Without Ever Leaving Home

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For most business owners there comes a point when you look critically at every aspect of your business to determine how to squeeze out more growth. 

Big "aha's" can come by looking at transitioning from local to global.

Read:

Less Local, More Global
9 Ways to Sell Your Products Internationally Without Ever Leaving Home

Posted by:  The Global Small Business Blog

What's Your Excuse For NOT Going Global?

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Too busy, too complicated, too expensive or too risky?  It's all of these excuses plus more on why companies don't expand their businesses internationally. 

My latest contribution ...

Top 10 Excuses For Not Going Global
American Express OPEN Forum via Small Business Trends

What's yours?

A Piece of the World Trade Center Arrives

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A 4-foot, 215-pound piece of steel rectangle arrived on the flatbed of a Department of Public Works truck July 19th in Franklin Lakes, New Jersey. The piece of steel will be permanently installed at Memorial Pond (dedicated in 2003 in memory of four residents killed in terrorist attacks 9/11).

Those in attendance greeted the steel by taking pictures of it. By noon, it was in the firehouse, where it will stay until officials decide where to place it at the pond.

 The pond is behind Borough Hall and adjacent to Muni Field.

The final phase of the pond project — the creation of a waterfall — is in progress and will be completed in time for the 10th anniversary of 9/11, officials have said. A commemorative ceremony will be held at 4 p.m. Saturday, Sept. 10, at the pond.

Learn more about this symbol of healing story here.

Overtake America? Seriously?

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Is the United States losing status as a global superpower?

A new Pew Global Attitudes survey finds that while the U.S. is better regarded around the world now than it was in the Bush years, in 15 of 22 nations surveyed most say that China either will replace or already has replaced America as the world's "leading superpower." This view is especially widespread in Western Europe, where at least six in 10 respondents in Britain, France, Germany and Spain see China eventually overtaking the U.S.

Read the entire commentary here:

Andrew Kohut (president of the Pew Research Center) and published by The Wall Street Journal: The World Says China Will Overtake America

Related resource:

Pew Global Attitudes Project
China Seen Overtaking U.S. As Global Superpower

What do you think?

Are Your Processes In Place For Going Global?

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As your organization grows global, do you have a support system in place that can take you where you want to go with total transparency and minimal operational, supply chain and distribution missteps? We hope so.

What the management needs is a global view of its inventory and operations, as well as tight coordination between manufacturing and distribution operations to ensure an efficient supply chain. In addition, they want a consolidated view into the company’s financial data so that they have clear visibility into their costs and margins. This ensures that the organization is able to monitor its financial and operational model closely as it prepares to take on the significant new risks of going global.

If you have doubts, read:

Is Your Company Ready to Take Advantage of Market Growth?
Manufacturing Business Technology
by Thomas Tan

Posted by:  The Global Small Business Blog

2011 (Global) Small Business Influencer

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I am honored to be nominated for the "2011 Small Business Influencer" - the top influencers in the small business market.  If you haven't cast a vote, I'd welcome yours for the (global) guru category.  Go here to learn more. Thanks in advance.

Four Misconceptions About Exporting

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Yes, exporting is a little more challenging than conducting local business but it doesn't mean you shy away from it altogether.  Quite the contrary.  You just need to learn the ropes!  That's why you're here.

Here are four misconceptions about exporting.  See if you fall into these traps (or what I call excuses for not exporting).

Four Common Misconceptions About Exporting

Be sure to check out because there is a whole lot more featured than just misconceptions!

Illustration credit:  SUSTA (Southern United States Trade Association)

SUSTA is funded by the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS), its member states and private companies. FAS administers and executes many foreign market development activities.

Posted by:  The Global Small Business Blog

Tips to Make a Website Global

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With an effective international website, you can sell to the world.  Here's how.

Mind Your Language

Related article:  10 Ways To Transform Your Web Site Into a Dynamic Two-Way Communication Tool

Posted by:  The Global Small Business Blog

Are You a Star Exporter?

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ThinkGlobal is accepting nominations for the 2012 Exporter of the Year Award. The Exporter of the Year Awards are given to one U.S. company in each of ThinkGlobal's Commercial News USA magazine's industry categories.

Nominate yourself (why not?) or someone else you know who is doing a fabulous job on the exporting front.

Criteria:

Winners in each industry will be chosen by the ThinkGlobal publishing team based on the total number of documented export deals completed in 2010, total percentage increase in sales in 2009 compared to 2009, exports as percentage of total sales, the company's commitment to exporting, the company's commitment to customer service, and the company's innovation and originality in marketing products or services. To be eligible for the award, the nominee must be a company that is exporting from the United States. Companies may nominate themselves for the award.

Go here to apply/nominate.  At the same time, find out who won in 2011.

Deadline: September 17, 2011

Good luck!  And let us know if you win!

Hope For Young People: Overcoming Adversity In Any Country

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Seoul National University professor Kim Nan-do (pictured) will be selling his new essay, "Growing Up Is Painful" in China, Japan, Taiwan and Italy. The essay will be published as a book and will deliver its message of hope to young people all over the world.

In explaining the reason for signing the deal, foreign publishers said the essay will help mentor young people in their countries because they share the same pain and uncertainty.

Chinese publisher Guangxi said professor Kim’s intellectual writing makes young people realize what they have failed in so far. The essay encourages young people to overcome a slump no matter how severe, which will deliver a good message to Chinese youth, it added.

Learn more: Korean professor's essay on growing up going global

Happy Birthday No. 7 to The Global Small Business Blog

Photo courtesy:  ©Laurel Delaney 2011.

Happy Birthday No. 7 to The Global Small Business Blog (http://borderbuster.blogspot.com)! Yes, seven years ago we started this blog with the subject line of:

What's "Borderbuster" have to do with The Global Small Business Blog? Everything.

And from there we went on to tell you that The Global Small Business Blog is a newborn marketing channel ... well, the rest is history.

We are still going strong and with a following of fans -- like you dear reader -- who stay with us.  Some posts we receive 30 page views and others, more than 200,000 views!

Thank you for your readership.  It means the world to me.  Now raise your glasses/cups.  Let's toast.  Here's to many more posts to come on anything related to helping entrepreneurs and small businesses tackle global business.  And to far more comments, opinions and insights from you!  I look forward to it.

Warmest regards,
Laurel Delaney
(I wish I could say that's a photo of me above - but it's not; I took it though :-)!
Founder and Publisher, The Global Small Business Blog
July 20, 2011

Reduce Hassles and Dollars on Calls From Abroad

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Hello E-Z Roam, a low-cost global cell phone service for international travelers.

Learn more here

Global Rebalancing

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What is global rebalancing?

The idea is to change the world economy so that it relies less on American consumers and more on shoppers in China, Germany and other countries with big trade surpluses. The aim is to build a firmer foundation for global growth and avoid financial instability.

Easier said than done?  You bet.  Learn more here.

World: Do What Matters Most

©Laurel Delaney 2011.  All rights reserved.  Chicago, Oak Street Beach.

“Beach sand, perfect tans. Day walks, night talks. Sleepless nights, pillow fights, and spending every day with those who matter most.” ~ Unknown

The More Trade, the More Opportunities

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The new World Trade Center in Tijuana is glass enclosed, has eight floors and 200,000 square feet of office space.

Its purpose:

“We want to open Tijuana to the world and the world to Tijuana,” Gregorio Goldstein, CEO of the Tijuana World Trade Center.

Learn more here.

U.S. International Trade Data May 2011

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According to the ITA Blog Tradeology, exports decreased by 0.5 percent in May, total exports are still up 16.4 percent compared to the same period last year.

Thank goodness.  Otherwise, the NEI would fall flat on its face.

Statement from U.S. Commerce Secretary Gary Locke on U.S. International Trade in Goods and Services:

“While exports dipped slightly in May, exports have been growing at a strong pace overall in the first five months of 2011, up 16.4percent compared to the same period last year. We’re making progress but we still have a way to go. Accelerating job growth remains a priority for this administration and we will continue to provide our businesses with the necessary tools to compete and win globally and create more American jobs. As we move closer to reaching the president’s goal of doubling exports by 2015, the Obama administration will continue to help businesses reach the 95 percent of consumers who live outside our borders,” Locke said.

Export fact sheet here.  Illustration credit:  U.S. Foreign Trade Data (U.S. Census)

Posted by:  The Global Small Business Blog

Victoria's Secrets: Taking It Slowly in the International Marketplace

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Limited Brands, owner of lingerie Victoria's Secret and personal-care retailer Bath & Body Works, is traveling slowly through the international marketplace.  According to The Wall Street Journal article, "Victoria's Secret Gets Out Overseas," VS doesn't have any locations overseas.  Why?

Find out more here.

Does a cautious approach to going global work for your business too?

Opportunities Abound for Exporters But Not Without Challenges

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As Pankaj Ghemawat, a professor of global strategy at Spain's IESE Business School and author of the new book, World 3.0 (Harvard Business Review Press) says:

By recognizing that borders still matter, says Ghemawat, companies can better calibrate which markets and trading partners offer the best chance for truly global gains.

Inc. Magazine contributor Ryan Underwood spoke with Ghemawat about how businesses should approach a global strategy. Their discussion addresses four questions:

1. What makes you think that popular views about globalization are incorrect?
2. What does that mean for American small businesses?
3. But hasn't technology moved us any closer to a borderless world?
4. What advice do you have for companies that are thinking about global expansion?

Read the interview here.

Related posts:

There are Great Opportunities to Conduct Business Abroad

Redefining Global Strategy

How Global Is Your Business?

Posted by:  The Global Small Business Blog

Mr. Potato Head Goes Global

©Laurel Delaney 2011.  All rights reserved.  Mr Potato Head.

To John Yunker ... I too am a fan of Mr. Potato Head (as shown).  Delighted to see he's going global in a serious and effective way.

So everyone knows what I am referring to, read:

Global by Design's The Mr. Potato Head Global Gateway

World: Set Aside Quiet Time To Unwind

©Laurel Delaney 2011, Birds Resting

"Intelligence without ambition is a bird without wings.” ~ Salvador Dalí

India Is Home to Nearly 7% of the World's Billionaires

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According to Sadanand Dhume at The Enterprise Blog, with barely 2 percent of the world’s GDP (in dollar terms), India houses nearly 7 percent of the world’s billionaires.

How does this affect the way we market products in India (e.g., hire Bollywood actors and actresses to develop a brand)?

Read:  Does India Have Too Many Billionaires?

Related article:  India's Richest

Argentina-Brazil: Trade Trouble Ahead?

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Will Brazil's new government will be quicker to react to Argentina's non-tariff trade barriers than its predecessors?

Trouble began brewing in February, when Argentina lengthened the list of Brazilian-made products that no longer qualify for its automatic import licenses from 400 to 600. One of the first sectors to take a hit was Brazil's footwear manufacturing. After the U.S. and the U.K., Argentina is the biggest market for Brazilian shoes.

Learn more over at Knowledge at Wharton: "The Ties That Bind: A new Twist in Brazil-Argentina Trade Tactics?

Posted by:  The Global Small Business Blog

In a World of Risk, How Do You Write It Up?

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As the article featured below in CFO Magazine indicates, in emerging markets, the clash between politics and profits presents numerous threats.

Read more here.

Posted by:  The Global Small Business Blog

Contacting a Manufacturer: Script It To Perfect It

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Preparation is everything when it comes to initial contact with a manufacturer on a product you wish to import or export.

Here's a script I prepared that hopefully guides you with your first communication.

Scripting Your Communication to the Manufacturer:  Importing and Exporting Business

Happy 4th of July America: We Are Still The Country of the Future

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Happy Independence Day United States of America!

According to Walter Russell Mead, no country is better positioned to take advantage of the opportunities or manage the dangers than the United States.

... the United States of America is better placed to surf this transformation than any other country. Change is our home field. It is who we are and what we do. Brazil may be the country of the future, but America is its hometown.

Read:  The Future Still Belongs To America

Posted by:  The Global Small Business Blog

Borderless Benefits

©Laurel Delaney 2011.  All rights reserved.  Madonna Della Strada Chapel on Loyola's Lake Shore Campus in Rogers Park.

Should we open our borders to free international trade?

By contrast, as a whole, American citizens actually hold a slightly negative (cited from 2009 so things may have changed since then) view toward trade with some 49% perceiving it as a threat to the economy from foreign imports. Why the disconnect?

Find out here.

Related piece (go figure):

Americans On Board with Opening Doors to Cuba