Posts Tagged 'going global'

Curve Crusade Continues on a Global Basis

Dita Von Teese is set to launch a retro-inspired lingerie line for women of all sizes — launching in Australia, then going global shortly after.

Read all about it here at Women Entrepreneurs GROW Global:

Grazia Fashion:  Hello Boys!  Dita Von Teese to Launch Lingerie for ALL Women!

Illustration credit here.

Posted by:  Laurel Delaney

Explore Overseas Production Partners

Four businesswomen from Bee Inspired, LLC — a company that spreads inspirational messages, motivational thoughts, and positive actions throughout the world — share experience about taking their company global. They successfully launched their first product and globally sourced the main components in less than one year.  Conducting international business can indeed be challenging but as they women point out, that if you lead with passion, resourcefulness and determination, absolutely no challenge is insurmountable.

One of the questions addressed:  How did your company get involved in international business?

Sue Dickinson: After talking with several local manufacturers, we soon realized domestic production costs would keep us from pricing the product competitively. So in order to get to a lower price point we went to Alibaba.com and explored foreign production partners. We connected with a manufacturer in India and worked through all the details, specifications and quality over e-mail and the Internet.  Actually, we never even spoke to our contact on the phone until after we imported our first 500 units. In a relatively short time frame, they delivered the products we specified, at the quality level we required, and at the right cost.

Learn more and PURCHASE here.

FYI:

In less than a year this group of ladies took an idea, made global connections and launched their first product—and a promising international company. They make it look simple by leveraging local and global resources along with technology. Visit www.portlansing.com to learn more about Bee Inspired and how Greater Lansing is going global.

Posted by:  Laurel Delaney

How To Capture Every Detail Of a Woman’s Pregnancy

Hat tip to Rosa Berardi, Program Manager, The Coleman Foundation, for turning us on to Digi Time Capsule, the ultimate baby keepsake book.  We are sure owner Sherri Morris has already gone global but if not, she’s well on her way!

Posted by:  Laurel Delaney

10 Tips From Leading Women Entrepreneurs To Help You Make The World Your Business

maketheworldyourbusinessdelaneyforwegg

Meet the bold, the fearless and the restless (and that includes YOU!). Women-owned firms comprise forty percent of all firms in the United States, according to the Center for Women’s Business Research. They have implemented imaginative strategies to launch and expand their businesses, including going global.

Here’s a glimpse at the top ten tips shared by the women entrepreneurs who run successful worldwide ventures.

1. Develop trust on a global scale.

2. Think globally.

3. Build a global brand that works locally.

4. Educate your customers.

5. Outsource to grow your business.

6. Connect and collaborate with local markets on foreign ground.

7. Find cross-border customers.

8. Hire the best from around the world.

9. Establish payment methods before you sell.

10. Navigate through – not around – bureaucracy and red tape.

Global entrepreneurship, particularly by women, is diverse and pervasive worldwide. To succeed worldwide, companies must use best practices such as the above (refer to links below to read entire article), present something new, be the best at something, and offer it everywhere with the heart and will to succeed. You can make the world your business.

This is a two-part series published in Wealth Magazine. You won’t want to miss it. Read Part One and Part Two.

Quick access to the entire article can be found here.

Posted by: Laurel Delaney

Canadian CEOs Take On The World

ernacollinsorilliaworks

News from PROFIT Xchange: Supporting and Celebrating Women in Business and brought to you by PROFIT: Your Guide to Business Success (December 1, 2008). While you are at it, check out Canadian Business online.

Despite a slowdown in Canada’s economy, exporting is still a priority for entrepreneurs. According to a recent survey by KPMG Enterprise, one half of Canadian firms will not alter their expansion plans, even with a shaky global economy.

“Regardless of the current economic climate, private Canadian companies still see opportunities for continued growth and revenue abroad,” says Beth Wilson, National Leader of KPMG Enterprise, “In fact, one-third of the companies we surveyed indicated they would continue to increase their expansion activity regardless of the downturn.

Some 53% of the 200 CEOs polled say their decision to do business abroad was primarily influenced by the target country’s economy, while 47% say the decision was based on their firm’s internal growth plans. Other factors cited include the local economy (38%) and the overall Canadian economy (32%).

Still, not all Canadian business leaders are so bullish. One-fifth of respondents said they have curtailed their export ambitions, citing the value of the Canadian dollar relative to other currencies and challenges in selling to an ailing U.S. economy.

Even among export proponents there are challenges in raising revenue from foreign operations. One-half of those firms that export said less than 40% of their revenue came from non-Canadian operations, and 50% said they expect their overseas operations will grow by less than 20% in the next five years. Not surprisingly, dollar fluctuations and financial risk were among the top challenges.

Aside from the risks and challenges, there is clearly a strong rationale for continued growth abroad, says Wilson. “At one time, going global was seen as a competitive advantage for big companies. We are now seeing this trend emerge among privately held companies in order to maintain their continued growth and success”

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Pictured: Erna Collins, Orillia Works.


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