Wednesday, March 01, 2023

Get Out of Your Own Backyard: Explore a New Market

©iStock/gustavofrazao
There are a plethora of resources right at your fingertips for taking a business global.  Why not explore a few of them?

  1. Market diversification tool
  2. Free Trade Agreement (FTA) tariff tool
  3. Customs Info Tariff Database
  4. Foreign Retaliatory Tariffs
  5. Global Market Finder (Census)

Take a deep breath.  One step at a time.  

Start with the Market diversification tool which can help you identify potential new export markets using your current trade patterns; enter the products you export and the markets you currently export to, and the tool uses an algorithm with data from 11 indicators to score and rank potential markets.  Cool.

And then work your way through the rest of the resources.  Knock 'em down.  You'll be global in no time at all.

Tuesday, February 28, 2023

Susie Quesada Presents a wegginar® on Creating a Company Culture That Inspires Global Growth

©2023 Women Entrepreneurs Grow Global®.  All rights reserved.
Have you wondered how to grow and learn as a leader?  How to engage teams to give (and get) best results?  Or, how to access a new market before you enter it?

Then you should sign up for our next wegginar® Wednesday, March 1st at 11 AM Central Time.  Susie Quesada, 3rd generation owner and President of Ramar Foods International, will discuss all of the above centered around "Creating a Company Culture That Inspires Global Growth."

As the #1 Trusted Filipino Food Company, Ramar Foods manufactures authentic high quality tropical ice cream, lumpia and sausages that brings the Flavor of the Philippines to supermarkets and restaurants.

Yum.  You won't want to miss this!  To learn more and to register (free of charge thanks to sponsors noted in the graphic), visit:  wegg®.

Monday, February 27, 2023

Today in Global Small Business: A Global Fashion Brand Pairs Sustainability and Growth

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

Saturday, February 25, 2023

It's Never Too Late to Say

©2023 Laurel J, Delaney.  All rights reserved.
"It's never too late to say I love you." – Laurel J. Delaney

Friday, February 24, 2023

5 Reasons Why You Should Study Global Business

©iStock/dusanpetkovic
Because global business is such a multifaceted field that’s often studded with high-risk, high-reward opportunities, it can be intimidating to dive in. 

Here’s a look at what global business is, five ways studying it can help you as an organizational leader, and how to kick off your education.

Thursday, February 23, 2023

Growing Global Is Inevitable For Prosperous Companies

©iStock/metamorworks
Businesses frequently consider expanding “nationally” over time, that is, within their current nation. Many companies will consider international expansion at some point. This is the point at which an expansion turns into a “global” or “international” expansion, even if it is just into a neighboring nation such as Canada or Mexico for USA-based companies.

Although it takes guts to grow your business internationally, most businesses are forced to do so because local growth maxes out and there are greater opportunities elsewhere. 

Internationalization comes with expenses and risks, but with careful planning and a well-thought-out export strategy, overseas markets offer fantastic growth prospects.

Learn why growing global is inevitable for prosperous companies.

Wednesday, February 22, 2023

Mariah Carey's Black Irish Cream Liqueur Products Go Global

©iStock/scarletsails
Legendary songstress Mariah Carey is expanding her Black Irish Cream Liqueur products to both South America and the Caribbean by the spring of this year.  Previously only available in the U.S., it will be the brand’s first glimpse into international distribution.

“I am ecstatic to extend the reach of my cream-liqueur Black Irish to South America and the Caribbean,” said Carey in an official press statement. “My fans there have supported and given so much to me, so of course I wanted to create an opportunity for them to enjoy this delicious liqueur!”

Read more about Ms. Carey's foray into international markets with her products.

Tuesday, February 21, 2023

Grow From Hard-Earned Lessons

©iStock/jacoblund
Even though the four leaders referenced in the article below are from different sectors, there are a variety of similarities in what they’ve gone through over the past two years. They were all tasked with more responsibility and accountability than ever before, and yet they all saw opportunities to grow from those hard-earned lessons.  

When communities and business come together, everyone comes out stronger.  

Read the entire article by Jim Proppe, Managing Partner, Plante Moran.

Monday, February 20, 2023

Today in Global Small Business: Prioritize Profits in 2023

©iStock/Mongkol Onnuan
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, February 18, 2023

Anyone Who Gives You a Cinnamon Roll

©2023 Laurel J. Delaney.  All rights reserved.
Anyone who gives you a cinnamon roll fresh out of the oven is a friend for life.” ― Lemony Snicket, When Did You See Her Last?

Friday, February 17, 2023

Standing Out Globally in the Sea of Swimwear

©iStock/Dmytro Bulanskyi
It's all about size.  Having a wide range of sizes can really be a huge point of difference for a swimwear company.  But to the point of this post, when Natasha Oakley and her best friend, Devin Brugman, created their blog, A Bikini a Day, in 2012, they had no idea their passion project would eventually turn into a multimillion-dollar global brand. 

The site, which expanded to feature fitness, travel and lifestyle content, was, at its core, a platform to celebrate curves and the diversity of women’s bodies. Oakley and Burgman’s ability to cater to that gap in the swimwear market, however, was the catalyst for the duo to launch Monday Swimwear in 2014.

Natasha and Devin are actively growing and expanding Monday Swimwear.  The brand plans to expand into international markets, as well as launch retail locations.

Thursday, February 16, 2023

Stay Away From Bribes in International or Any Business

©iStock/Atstock Productions
In 2021, Deutsche Bank agreed to pay $130 million largely to settle allegations that it violated laws against bribery by using middlemen and hiding its payments to them as part of a global effort to win business.

Let me repeat the key part of what they did wrong:  They violated laws against bribery by using middlemen and hiding its payments to them as part of a global effort to win business.

Read on to learn more – about what a bribe is, about the Foreign Corrupt Practices Act (FCPA), how to stay clear of trouble and what you should do if you are part of a bribe.

Wednesday, February 15, 2023

Do You Temu?

©iStock/grinvalds
Did you miss the Super Bowl 2023 commercial – "Shop Like a Billionaire" – by the U.S. shopping app owned by Chinese e-commerce giant PDD Holdings Inc.?

Spending big money like Temu did shows how serious they are about penetrating the U.S. e-commerce market.

The commercial's jingle has a woman saying, “The prices blow my mind. I feel so rich. I feel like a billionaire. I’m shopping like a billionaire.'"

Pricing cheap?  You better believe it.  I did a search on 'purses'.  Here's what popped up.  Pricing averages anywhere from $2.98 – $17.99.  Yes, you can feel like a cheap billionaire or billionaire on the cheap.      

See some ratings on Temu here.  And then look closely at what Wikipedia has to say.  Do you Temu? (Nice tagline, eh?)

Tuesday, February 14, 2023

The Birth of Globalization. You'll Find It In New Orleans

©iStock/SkyF
New Orleans, the city that was once the world’s gateway to America is betting it can win in a new and different era of global integration.

A critical gateway between the Mississippi River and global oceans, New Orleans has been an entry and exit point for the United States since before the Louisiana Purchase. The city is now betting that position will continue — and even deepen — as the world enters a new era of global integration.

Consider it the birth of globalization.  At least in New Orleans.  The gateway to the world.

Monday, February 13, 2023

Today in Global Small Business: How to Make Your Global Small Business More Sustainable

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

  • How to make your global small business more sustainable.
  • According to Reuters, shoppers globally are expected to pay even more for branded food items in the coming year as packaged goods production expenses remain high.
  • Nearly half of small business owners (47%) say the economy is in a recession already, with an almost equal percentage (48%) describing the economy as “poor.” That’s according to the CNBC|SurveyMonkey Small Business Survey for the first quarter of 2023.
  • Quote of the week: "Sustainability has to be a way of life to be a way of business." – Anand Mahindra
  • Silicon Valley tech giants in the years leading up to the pandemic collected gleaming office campuses around the world as trophies for what appeared to be boundless growth. Those days of blockbuster real estate expansions appear to be over for now, however, as job cuts and profitability concerns have companies pulling back on investments.
  • Here are a few tips to help your business prepare for an international expansion.

Saturday, February 11, 2023

Falling In Love

©Laurel J. Delaney.  All rights reserved.
"You can't blame gravity for falling in love." – Albert Einstein

Friday, February 10, 2023

Slowbalization After Global Financial Crisis

©iStock/Anna Shalygina
Globalization has seen ebbs and flows over the decades. According to the International Monetary Fund (IMF), the “Slowbalization” that followed the global financial crisis has been characterized by a prolonged slowdown in the pace of trade reform, and weakening political support for open trade amid rising geopolitical tensions.

As the Chart of the Week shows in this link, globalization plateaued in the decade and a half since the global financial crisis. This latest era is often referred to as “slowbalization.”

Thursday, February 09, 2023

Scrollable Short-Video Formats Are on the Rise

©iStock/grinvalds
It was only a matter of time before e-commerce companies got on board with the scrollable short-video format like TikTok's.

Now, Amazon launched its own version of this feature, unveiling the new Inspire feed on its mobile Amazon Shopping App. While the company shies away from comparing the new feature to TikTok, the format is familiar.

Oh no one wants to claim that they are riding off someone else's idea and basically trying to improve on it.  No one.

Read on – From Amazon to tech startups, e-commerce takes on the TikTok-style feed.

Wednesday, February 08, 2023

Getting Paid Quickly Matters to Global Small Businesses

©iStock/Pixfly
Global financial infrastructure platform Stripe and global small business platform Xero recently announced the expansion of their partnership to help small businesses worldwide get paid faster

Stripe and Xero are working together to build a far deeper integration of Stripe Connect into Xero’s small business platform that will enable greater convenience for customers and automate accounting for transactions.

Tuesday, February 07, 2023

Xena Workwear Founder and CEO Ana Kraft Talks About Building a Global Brand Beyond Shrink It and Pink It (wegginar® 2/8/23)

©2023 Women Entrepreneurs Grow Global.  All rights reserved.
"Be safe, be you, be a badass." – Ana Kraft

Hello all women badasses (and entrepreneurs).  We invite you to join Women Entrepreneurs Grow Global's next wegginar® Wednesday, February 8, 2023 at 11:00 AM Central Time to hear from badass founder and CEO of Xena Workwear, Ana Kraft. She'll talk about "Building a Global Brand Beyond 'Shrink It and Pink It'." 

Ana's company engineers stylish safety shoes and functional apparel for women in STEM and the Trades. This new category of workwear helps professional women be safe and feel confident in any work environment. 
Transitioning between the office, to the manufacturing floor or construction site has never been so easy.

Ana holds a degree in International Project Engineering from Reutlingen University in Germany and currently resides in Detroit, Michigan. The causes that drive her include sustainable development, education and maximizing opportunities for women.

Ana will cover:
  • Building a global brand
  • Fundraising
  • Scaling
  • Working with a distributor
  • Shipping
  • Packaging
  • Collecting payments
  • Ecommerce
  • Challenges/successes
  • + more ...
To learn more and to register, visit, Women Entrepreneurs Grow Global®.  wegginar is free of charge thanks to badass (super cool) sponsors Bluedog Design, Associated Bank, FedEx, Global Care Clinical Trials and 1706 Advisors.

I'll [Laurel Delaney] see you there!  

Monday, February 06, 2023

Today in Global Small Business: Global Small Businesses Are the Heartbeat of America

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

Saturday, February 04, 2023

Celebrate Your Life

©2023 Laurel J. Delaney.  All rights reserved.
"The more you praise and celebrate your life, the more there is in life to celebrate." – Oprah Winfrey

Friday, February 03, 2023

Indian Companies Eyeing Global Expansion

©iStock/lakshmiprasad S
Small and medium businesses in India have now set their sights on global expansion, with many first-generation entrepreneurs successfully building their companies and looking to grow overseas.

After completing his master’s degree in 1999, 48-year-old Saket Gaurav started working at a Russian company for a while before he moved to Dubai to join another firm. 

Hailing from Patna, Bihar, Saket had no plans to be an entrepreneur. However, the 2007-08 financial crisis forced the company in the Middle East to shut shop.   Saket, who calls himself an ‘accidental entrepreneur’, was left with two options—looking for a new job or building his own company. 

Find out what Saket did and meet some of the other Indian companies eyeing global expansion.

Wednesday, February 01, 2023

Did You Know? Website Globalization Review Gap Analysis

©iStock/metamorworks
The Website Globalization Review (WGR) Gap Analysis service provides technical and strategic assessment of a business’s ecommerce sales channel efforts. This is a SEO diagnostic service designed to help you acquire more international consumers online and is available to CS clients as part of digital strategy counseling with a CS Trade Specialist.

Curious to learn more?  Explore here.

Tuesday, January 31, 2023

Franchise Brands Continue to Expand Internationally

©iStock/Dilok Klaisataporn
COVID has forever changed businesses, especially franchises, yet international businesses have learned to adapt and continue to expand into new countries.

This month Franchising.com rounded up their international deals with reports on Dave and Buster’s, Hyatt, IHG, Jan-Pro, McDonald’s, Slim Chickens, The Habit Burger Grill, Twin Peaks, and Woof Gang Bakery… and how France is cracking down on influencers. 

Check out how franchise brands continue to expand internationally as 2023 begins.

Monday, January 30, 2023

Today in Global Small Business: Global Supply Chain Finance for Global Small Businesses

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

Saturday, January 28, 2023

Chicago Preps for St. Patrick's Day

An impromptu visit to the Office of the Mayor and I [Laurel Delaney] fell upon this joyous ceremony.  If you look closely, you can catch a glimpse of Chicago Mayor Lightfoot. 

Friday, January 27, 2023

Tips That a Global Team Can Teach You About Success

©iStock/johavel
Some of the best lessons in business, people and life come from unexpected places and can shift an executive’s position by suddenly granting the gift of deep and unexpected knowledge. 

Here are four tips that a global team can teach you about success.

Thursday, January 26, 2023

Listen to wegg's How She Went Global® Podcast Episode #23

©2023 Women Entrepreneurs Grow Global®.  All rights reserved.
Successful women entrepreneurs and business owners share stories about going global, and offer new ways to take on the world, stay inspired and have fun every month on the super successful How She Went Global® podcast.  Haven't listened to it yet?  Well you are in for a big treat – and a lesson or two from a female founder on what it takes to go global.

Listen to the latest episode #23 with Kat Borve on “BrassyBra: Lifting and Supporting Women Worldwide."

About Kat:  Katherina (Kat) Borve, founder and CEO, Brassy, Inc., producers of a unique 97% cotton blend waterproof breast tape that lifts, shapes, and supports so you can rock a low-cut dress with ease and comfort, talks about why she started her company, where her products are made, and how she dealt with global supply chain issues during COVID-19.

Tune in!

The How She Went Global podcast is produced by Women Entrepreneurs Grow Global® and sponsored by Bluedog Design and Associated Bank.

Wednesday, January 25, 2023

Will Automation Impact Jobs?

iStock/jittawit.21
PWC UK analyzed over 200,000 jobs in 29 countries to explore the economic benefits and potential challenges posed by automation.  They've identified three waves of automation that might unfold over the next 20 years.

Discover what those three waves are and whether automation will impact jobs in the future.

Tuesday, January 24, 2023

A Full Stack Global HR Platform

©iStock/gorodenkoff
Easing the HR burdens that come with running any business, let alone those with employees outside of the U.S., is critical in a time when budgets and well-being are top of mind. On-boarding is a crucial area for employers to consolidate technology, especially when hiring a mixed population of contractors and full-time hires. The Deel HR platform, considered a full stack global HR platform, streamlines this process by utilizing Google Suite.  

Learn how to simplify tech tools for global businesses.

Monday, January 23, 2023

Today in Global Small Business: Finding the Way in Your New Global Business

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

Saturday, January 21, 2023

I Scream, You Scream

©2023 Laurel J. Delaney.  All rights reserved.

From Wikipedia:  "Ice Cream" or "I Scream, You Scream, We All Scream for Ice Cream" is a popular song, first published in 1927, with words and music by Howard Johnson, Billy Moll, and Robert A. King.
After initial success as a late 1920s novelty song, the tune became a traditional jazz standard, while the lyrics refrain "I Scream, You Scream, We All Scream for Ice Cream" has remained a part of popular culture even without the rest of the song. 

Photo courtesy Laurel J. Delaney. Museum of Ice Cream Chicago.

Thursday, January 19, 2023

Smartphone Apps for Global Travelers

©iStock/Prostock-Studio
Here are seven (7) promising smartphone apps designed to help global travelers break the language barrier.  

What do you use when you travel internationally to communicate with locals?  If we missed any, please share!

Wednesday, January 18, 2023

Facing the New Age of Constant Disruption in the Global Marketplace

©iStock/tiero
Normal is over according to the World Economic Forum (WEF).

Climate change, geopolitical conflict, aging populations, developing technologies and the like are not issues that can be addressed in isolation by any one constituency and must be undertaken through collaboration, which is, of course, the mission of the World Economic Forum. 

The WEF also suggests we move and act boldly while maintaining this bifocal vision.  Increase your company’s recession readiness and position for near-term opportunities.  Keep an eye on the longer-term forces shaping the future.

Learn more about how our world keeps getting more complex.

Tuesday, January 17, 2023

Globalization Has Entered a Period of In-Depth Adjustment

©iStock/Zhonghui Bao
According to the "2023 China and Globalization Report" recently released by the Center for China and Globalization (CCG), a Chinese non-governmental think tank based in Beijing, it has become a consensus that globalization has entered a period of in-depth adjustment.

The CCG released the report at the beginning of the new year, which summarizes and forecasts the trends and prospects of globalization in the coming year from ten perspectives, including China-US relations, the Ukraine crisis, the international financial system, the Belt and Road Initiative, international tourism, digital economy, and climate change.

Learn more about how China will continue to provide a strong driving force for the global economy in 2023, at least according to the think tank report.

Monday, January 16, 2023

Today in Global Small Business: Honoring Martin Luther King Jr.

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

Saturday, January 14, 2023

Winter Wear Is Communal

©Laurel J. Delaney.  All rights reserved.
"I think winter wear is communal. You get some gloves [a mitten] and a scarf from a lost-and-found box, wash them, wear them for a while until you lose them. Then somebody else does the same thing." – Adrian Grenier

Friday, January 13, 2023

2023: New Global Businesses to Be Born and Built

©iStock/NicoEINino
This is how global entrepreneurship will change in 2023.

  • Unprecedented economic disruption in recent years can create the perfect conditions for new businesses to be born and built.
  • Young entrepreneurs are bypassing the traditional labor market, while those already in work are looking to side hustles and beyond.
  • In 2023, we’ll see a new form of entrepreneurship emerge – more diverse, more socially-minded, and not afraid to multi-hustle.

Read the entire article here.

Thursday, January 12, 2023

Wednesday, January 11, 2023

The Dark Side of Artificial Intelligence

©iStock/metamorworks
Scientist Gary Marcus for Scientific American claims something incredible is happening in artificial intelligence right now—but it’s not entirely good. Everybody is talking about systems like ChatGPT, which generates text that seems remarkably human. This makes it fun to play with, but there is a dark side, too. Because they are so good at imitating human styles, there is risk that such chatbots could be used to mass-produce misinformation.

He goes on to give a sense of how it works with a specific example using the AI platform ChatGPT.  Check it out.  Making AI stick to the truth remains a serious issue.

Tuesday, January 10, 2023

Brewing Beer, International Expansion, Innovation and Impact

©iStock/shironosov
Oil and beer.  And so it goes.  That story stems from the innovative conversion of technology used in the oil and gas industry for brewing beer, and it’s one that has since traveled across the globe.

Rome-based Hydro Dynamics’ ShockWave Xtractor cavitation technology allows brewers to extract more of the oils in the hops used in brewing beer. The benefit of that technology is that it cuts down on the use of the hops, which is one of the most expensive parts of the brewing process.

How a local company has made an impact.

Monday, January 09, 2023

Today in Global Small Business: Creating Opportunities For Smaller Competitors to Enter the Market

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

Saturday, January 07, 2023

Silence is Beautiful

©2022 Laurel J. Delaney.   All rights reserved.
"If you listen carefully, silence is beautiful." – Anonymous

Friday, January 06, 2023

Beijing's Global Media Offensive (New Book)

©iStock/Oleksandr Siedov
James M. Lindsay, Council on Foreign Relations, "My sense is that China has consciously decided over the last decade or so, to try to use media power to influence politics in other countries. Can you tell me a little bit about what China has been doing, and why it's pursuing these efforts?"

Joshua Kurlantzick, author of Beijing's Global Media Offensive: China’s Uneven Campaign to Influence Asia and the World:  "Well, I think within the last ten years to twelve years, China, under Xi Jinping decided that the global discourse, both about China and about all sorts of events that relate to China, because virtually every event relates to China, the discourse or the discourse power, as China refers to it, are being dominated by liberal democracies and their media outlets."

Read the entire interview and Mr. Kurlantzick's complete answer here.  

Thursday, January 05, 2023

Will Walgreen's Dispensed Abortion Pill Cross Borders?

©iStock/igoriss
Walgreens Boots Alliance plans to seek certification to dispense pills that can induce an abortion after the US Food and Drug Administration said Tuesday, 1/3/23, that it would allow the drugs to be distributed both by mail and at brick-and-mortar pharmacies.

“We are working through the registration, necessary training of our pharmacists, as well as evaluating our pharmacy network in terms of where we normally dispense products that have extra FDA requirements and will dispense these consistent with federal and state laws,” Walgreens said Wednesday in an emailed statement to Crain's Chicago Business.

The big questions are how much control will there be over the shadow (black) market on these pills and how will people who buy them be protected in terms of confidentiality?  Watch closely. 

Here's a look at WBA's global reach

Read the entire breaking news here.

Wednesday, January 04, 2023

A Tough Year Ahead for the U.K.

©iStock/Pavel Muravev
Economists agreed persistently high inflation, a shrinking workforce, declining trade relations with the EU, and a high exposure to the energy crisis sparked by the Ukraine war were the leading factors behind the U.K.’s comparatively grim prospects.

Economists surveyed predicted a return to normal by 2024 when inflation begins to dissipate, but the rest of this year will likely be a long slog for the U.K. economy.

The U.K. is expected to see the largest economic contraction among wealthy nations due to the Ukraine war and the energy crisis.

Tuesday, January 03, 2023

Laurel Delaney's Global Trade Trends Report 2023 (wegginar® 1/4/23)

©2023 Women Entrepreneurs Grow Global®.  All rights reserved.
A peek into 2023 and all photos from Ireland.  LIVE wegginar® presentation, "Laurel Delaney's Global Trade Trends Report 2023," Wednesday, January 4, 2023 at 11AM CT.  Free of charge thanks to Women Entrepreneurs Grow Global's lead sponsors:  FedEx, Associated Bank, Global Care Clinical Trials and Bluedog Design.

To learn more and to register, visit here.

Monday, January 02, 2023

Today in Global Small Business: The World Ahead in 2023

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