Every Single Person On The Planet Will Have a Global Small Business

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In the next couple of years, it's easy for me to predict ...

That nearly every single person on the planet will have a global small business that hopefully will become BIG someday. This evolution will be similar to the shift from black and white television to color. If you had tried to watch black and white television for the rest of your life — which some consumers attempted to do because they didn’t have the money to buy a color set or hated change — that set someday would die. At some point, to repair it would have cost far more than a brand new color TV. So whether they liked it or not, consumers had to move with the masses and upgrade to the new color technology. They soon discovered it was the coolest invention ever and the best investment that money could buy! That’s how I envision the radical shift from small business to global small business.

Find out five (5) best practices on why it's happening here.

I authored the article, "From Local To Global Small Business: 5 Best Practices That Make It Happen," for Small Business United Blog. Feel free to let us know what you think of it.

Drucker Delivered Direct To Your Door

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I am a big, big fan of Peter Drucker and I just noticed in marking the 100th anniversary of Peter Drucker's birthday that Harvard Business Review has some thought provoking essays written by Harvard folks as well as a feature on Drucker's classic contributions.

No matter how you look at it, Drucker was a tremendous force and influencer in the business world, especially on management thinking. If you can, take the time to review some of this information. It might make the difference between operating from good to great with your global small business.

Drucker Today

By Rosabeth Moss Kanter

While Peter Drucker was alive, he sounded early warnings about sky-high executive pay, an ossified auto industry, and emerging — market threats to U.S. economic dominance. It's not too late to benefit from his advice.

By Alan M. Kantrow

Peter Drucker's writings offer distilled, articulate analyses of modern business management. But, more important, they are a case study in how to think. Five leaders describe Drucker's influence on them in essays that accompany Kantrow's 1980 article.

By Tammy Erickson

We're not quite there yet, but, as usual, Peter's clear vision paints a picture of a world that is looking increasingly likely.

Classic Drucker Articles

Managing Oneself
Drucker challenges readers to take responsibility for managing their futures, both in and out of the office.

What Makes an Effective Executive
Eight simple practices — and one rule — every executive needs to follow to be effective.

What Executives Should Remember
A compilation of the savviest management advice Drucker offered HBR readers over the years.

The Theory of the Business
What happens when the assumptions on which an organization has been built no longer fit reality?

What Business Can Learn from Nonprofits
The best nonprofit organizations are pioneers in motivating knowledge workers and raising their productivity.

All of it can be found here.

And visit The Drucker Institute.

Separately, it appears the Google tag issue has been resolved on our blog.

Asia Appears To Be Leading the Global Economic Recovery

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Those are the words from Ben S. Bernanke, the chairman of the Federal Reserve and he also stated that the Asian nations were pulling the global economy out of its downturn.

Mr. Bernanke avoided what was in many ways the elephant in the room: the value of the United States dollar. The dollar has dropped sharply in recent weeks against the euro and the Japanese yen, a move that has helped increase American exports by making them cheaper in some foreign markets. But the dollar has not budged in more than a year against China’s renminbi, which the Chinese continue to tightly manage and which many economists say remains greatly undervalued.

Read more here.

China Is a Market Going In Only One Direction: BIG

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Gap Inc. announced plans to open a China store and expand on its e-commerce operations. In addition, they will be establishing e-commerce sites in the U.K. and Canada next year.

International store sales were $2.6 billion last year; roughly 19% of the company's total store sales. U.S. Online sales reached $1 billion last year.

To think they started out small. It gives us all hope that we can go from global small business to BIG business. They are now in a major turn-around mode with a huge international push.

Read more here.

75% of Intel's Business Is Overseas

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This is a trend that might continue. Global stimulus money has something to do with it.

Find out more here.

Sample: Intel India Systems Research Center

Give a Man a Boat He Can Sail

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“Give a man a horse he can ride, give a man a boat he can sail; and his rank and wealth, his strength and health on sea nor shore shall fail.” ~ James Thomson

Have a magnificent weekend. Hope it's smooth sailing wherever you are.

Learning a Language?

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Holy cow! Google has added an amazing 285 languages to its Translator Toolkit which brings the total number of languages to 345.

Google says its focusing on minority languages. This includes regional, heritage, indigenous, and threatened languages. Google wants to help preserve these lesser known languages so that these smaller cultures won't be forgotten as history constantly unfolds.

One of the minority languages is Māori. Read more here.

5 Tips to Lead Your Company Out of a Downturn

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Be realistic is No. 1.

Get the rest here.

Plus:

7 Ways to Strategically Use Social Media and Social Networking to Grow Your Business

Wait, there's more!

Work Your Website: 7 Tips for Turning Global Browsers into Buyers

Guess How Many Internet Users There Are in the World?

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As of June 30, 2009 there are roughly 1,668,870,408 Internet users on the planet. Where do you suppose your next target overseas market is going to be?

Source: Internet World Stats

Tentative Global Trade Turnaround?

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World trade is beginning to pick up. But the turnaround seems to be tentative unless we make a concerted effort to export or import more.

In the U.S., the Commerce Department said Friday that the dollar value of exports, which surged in July, rose another 0.2% in August. That put exports at their highest level since December, but still 21% below year-ago levels. Lower oil imports reduced imports by 0.6%, narrowing the trade deficit to $30.7 billion after four months of widening.

Read more at "Trade Upturn Hints at a Recovery."

And check out the World Economic Outlook (October 2009) or IMF Data Mapper here.

Fair Trade?

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Even with fair trade, small farmers find it is hard labor for scant return.

Find out why here.

Creativity Counts

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Color your world.

Enjoy the weekend.

Posted by Laurel Delaney, The Global Small Business Blog

Wake-Up Call to America

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An interesting perspective by Kishore Mahbubani for The Wilson Quarterly entitled, "Can America Fail?"

Excerpt:

The simple thesis of this essay is that American society could also fail if it does not force itself to conceive of failure. The massive crises that American society is experiencing now are partly the product of just such a blindness to potential catastrophe. That is not a diagnosis I deliver with rancor. Nations, like individuals, languish when they only have uncritical lovers or unloving critics. I consider myself a loving critic of the United States, a critic who wants American society to succeed. America, I wrote in 2005 in Beyond the Age of Innocence: Rebuilding Trust Between America and the World, “has done more good for the rest of the world than any other society.” If the United States fails, the world will suffer ­too.

Read the entire article here (and don't miss out on the comments -- you might end up adding a few of your own!).

A Lot of White Papers Here

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From WorldTrade
WT100
The Benchmark for Global Supply Chain Business

It seems to me something below might be helpful to you in learning more about global small business.

3PL 4PL Air Freight Bar Coding/RFID Communications/Tracking Equipment/Cellular/RF/Satellite Consultants Dedicated/Leased Fleet Operations/Trucks Economic Development/Site Selection Export Approved Packaging Express Freight Services/Small Package Delivery Featured White Papers Freight Forwarding Service Intermodal Market Research and Trade Aid Motor Freight Ocean Freight Port_Authority Port Services Rail Seals/Labels Software Trade Association Trade Banking/Finance Trade Insurance Trade Services Transportation Management Universities Warehouse Distribution Center Warehouse Equipment Manufacturer Warehousing World-Wide Agents And take a look at the magazine: WorldTrade.

Let's Work Together to Invigorate SMB Exports!

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Who stands the best chance at boosting American exports? Small and medium-sized businesses (SMBs).

'Every team within our building will be involved in this effort to determine what we can do now to make our trade policies more effective in helping small and medium-sized businesses, as we are in assisting ... multinational corporations,' U.S. Trade Representative Ron Kirk told reporters.

Read more here.

Is Canada's Economy Freer?

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Than what?

I work for a libertarian think tank, and libertarians are supposed to disdain the land of poutine and Dan Aykroyd for its socialist health-care system and general failure to really love liberty. Yet not only can you get gay-married in any of the provinces, or almost-legally toke up in your toque up there, but Canada’s economy is also slightly freer than that of the global hegemon to its south. According to the Cato Institute, at least.

Read the full whimsical story here.

Note: We are posting without related labels for a while because Blogger.com set an arbitrary limit of no more than 2,000 labels over the course of a blog. We can use existing labels but not new ones at this point. For example, we would normally include the author's name to the article we link to as a label with this post but if we do that, we cannot post. Stay tuned.

The Rise of Sweat Shops is Getting Worse

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U.S. firms may be contributing unwittingly to the exploitation of workers imported from India and elsewhere by tech-services outfits.

Read more about this here.

Dream Big, Dream Global

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Found this amazing house. Not sure where in the world it is located. Anyone care to lend a helping hand?

Have a great weekend.

Posted by: Laurel Delaney, The Global Small Business Blog

China Goes Local

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China's aggressive and seasoned exporters are setting their sights on a whole new market: The Chinese.

Find out why here.

Another interesting related tidbit here.

Don't Pretend You Speak Languages You Don't

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That's a quote from John Yunker, Global By Design and it's one of his three rules of global gateway design. Good stuff.