Women Entrepreneurs GROW Global (WEGG) Turns One

HappyBirthdayNo.1WEGG

Happy Birthday No. 1 for Women Entrepreneurs GROW Global (WEGG)!  It was one year ago today that we launched WEGG with the intent that we would grow it into the ultimate global hot spot destination for women entrepreneurs interested in global growth for their business.  Here’s our first post November 7, 2008:

Welcome to Women Entrepreneurs Grow Global (WEGG), a social enterprise dedicated to revolutionizing how women entrepreneurs take their businesses global.

Expect over the course of the next decade that WEGG will help transition tens of millions of women business owners from local to global.

What’s the first thing you should do to prepare yourself and your business for international expansion? Develop the right mindset. Sure it takes guts, fortitude and all sorts of other special qualities to expand a business internationally but more important than anything else, you must start thinking about how you are going to build a global empire before you actually do it.

Let’s start the journey now … together … are you ready?

Thanks to you and your readership, we are still going strong.  We appreciate your interest and especially like it when you comment from time to time because without you, our work would not be nearly as interesting or as much fun.

And to our Contributors, we thank you too for helping us build WEGG into the best little digital resource on the planet for women entrepreneurs who aspire to take their business global.

We expect the future to bring even more surprises, tips, tools, announcements and relevant information to your station, wherever you are based, so stay tuned and get ready for year two that will swing open your door to opportunity in the world of business!

Posted by:  Laurel Delaney

Power Up Relationships To Do Business With the World

WomenConnectingWithWorldWEGG

While perusing the Web, I discovered XING, a global business women’s networking platform. They claim to have 14,000+ members. Are you one? If so, let us know how you leverage the organization to grow your digital connections and business worldwide.

XING

Posted by: Laurel Delaney

Women Are Productive Global Economic Agents

WomenAreGlobalEconomicAgents

A very thoughtful post by Manuel Bueno, NextBillion.net, Development through Enterprise:

It still baffles me that there are not more BoP businesses making use of women’s skills to enhance their economic and social bottom lines. For example, looking at the details of the many fellowship opportunities or upcoming conferences (a list of which was recently provided by Francisco Noguera), the role of women is barely touched upon, if at all. Yet the earning power of women globally is expected to reach $18 trillion by 2014 – a $5 trillion rise for current income. That is more than twice the estimated 2014 GDP of China and India combined. This is a huge lost opportunity, which I already mentioned in one of my posts some time ago and which is creating important business opportunities. To start with, women are productive economic agents that can contribute valuable assets to the commercial efforts in any company. As members of local communities …

read the entire commentary, “The BoP Community Has To Do Much More for Women,” here.

Posted by:  Laurel Delaney

Homepreneurs See Global In Their Future

Image from andrewjuderajanathan

BusinessWeek’s recent article The Rise of the Homepreneur highlights the increasingly important role that home-based businesses play in the US economy.  The article references an Emergent Research study on homepreneurs, which is based on data from the Network Solutions Small Business Success Index (SBSI) . 

If you’re a home-based business, you’re not alone.  Home-based businesses account for over half of all US businesses.  And more importantly, these home-based businesses as a sector employ more people than the venture-backed industry, including firms like Microsoft, Intel and Google.

For all you globetrotters, take note:  Homepreneurs’ influence doesn’t stop at the US border.  Digging through additional data from the SBSI survey, we found that US home-based businesses increasingly see global as the way of the future.  In fact, 35% of all homepreneurs (entrepreneurs whose home-based businesses contribute at least half of their total household income) see their industry becoming more global.  Outsourcing production and reaching new markets are two reasons that small businesses – both home-based and non-home based – give for broadening their scope to the international marketplace.

Posted by:  Carolyn Ockels

Five Best Practices That Make Going Global Happen

MakeGoingGlobalHappenWEGG

I have concluded that right now there are five (5) best practices that make going global happen:

1.  Innovation.

2.  Technology.

3.  Global entrepreneurship.

4.  Sustainability practices.

5.  Green initiatives.

If you follow these practices, watch your business grow global.  Read more here.

Posted by:  Laurel Delaney

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