How to Meet Global Demand and Diversify Trade

howtomeetglobaldemandanddiversifytrade

How can we make trade safer, cheaper, simpler, and faster for American businesses?  Easy.  The newly minted Trade Facilitation Agreement (TFA) is a game-changer for the way goods cross borders and move around the world.  What is the TFA?

TFA creates mechanisms that bring all 164 WTO member countries to a higher standard for how goods cross borders.

In simpler terms:  the TFA will minimize the hassle of doing business globally.  But that’s not it.  There are three key benefits to TFA that our sponsor, UPS, talks about in the Longitudes blog post below.

  1. Security: Trade facilitation and more secure supply chains
  2. Frictionless trade: Reaching more consumers
  3. Raising standards: Strengthening the supply chain’s weakest links

Read more here.

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next_up_3mar_2017_wegginarNote: Don’t miss our next WEGG webinar 3/8/17 on “Regulations, Conventions, and Battles of the Spirit: The International Trade of Craft Spirits,” and presented by Dr. Sonat Birnecker Hart, President and Co-founder of KOVAL Distillery. Register here:
https://attendee.gotowebinar.com/register/1699936616236520962.
Event is no charge but you must register in advance to attend.

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ChinaSprout: Fostering Chinese Heritage and Language

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next_up_3mar_2017_wegginarNote: Don’t miss our next WEGG webinar 3/8/17 on “Regulations, Conventions, and Battles of the Spirit: The International Trade of Craft Spirits,” and presented by Dr. Sonat Birnecker Hart, President and Co-founder of KOVAL Distillery. Register here:
https://attendee.gotowebinar.com/register/1699936616236520962.
Event is no charge but you must register in advance to attend.

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Are Women Willing to Wait As Long As 170 Years to Establish Parity with Men?

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According to the latest report by the World Economic Forum (WEF), women may have to wait as long as 170 years to establish parity with men when it comes to pay and employment opportunities.  Who needs that?  It is a fact that no country in the world has closed its gender gap.  The only way around this barrier is for women to start more businesses, and here at WEGG, we hope with our help they take them global.

Take the UK, for example, where in an effort to ramp up women starting businesses, they are working with Facebook and Enterprise Nation, a network of small businesses, to deliver training to 10,000 women business owners across the country.  Facebook claims that only 20 percent of the country’s 5.4 million small businesses are currently started by women.

What the ultimate goal here?  To give women access to new online and offline training resources to provide them with the digital skills and mobile tools necessary to grow their business.

It is a well-quoted figure that equality for women in the labour force would add $28 trillion to the global economy by 2025.

Read more here.

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Note: Don’t miss our next WEGG webinar 3/8/17 on “Regulations, Conventions, and Battles of the Spirit: The International Trade of Craft Spirits,” and presented by Dr. Sonat Birnecker Hart, President and Co-founder of KOVAL Distillery. Register here:
https://attendee.gotowebinar.com/register/1699936616236520962.
Event is no charge but you must register in advance to attend.

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Women Have Big Global Aspirations

womenhavebigglobalaspirations

According to Bruce Billson, former Minister for Small Business and brand ambassador for Efic, the Australian Government’s export credit agency, female exporters have three key traits:

  1. They have big ambitions
  2. They draw on life experience to navigate new markets
  3. They persevere to overcome barriers

He goes on to say:

screen-shot-2017-01-28-at-2-59-04-pmMany of the female exporters I encountered set out in business with a vision to take on the world. While their business operations may have started small, their aspirations were big. Having confidence and belief that you can scale and expand your business in new markets is important when setting out to build an export business.

Read more:  How Australian women are succeeding in the export trade.  Immediate download to Women, Global Trade and What It Takes to Succeed 2015.

NEWS:  In case you missed it, WEGG was mentioned in Forbes!

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Hope Not Fear: Women’s Marches Go Global

hopenotfearlouisacannell

The Women’s March on Washington has sparked rallies worldwide.  The event had been organized to express solidarity with the aims of the original march: opposition to USA President Trump’s agenda (think of it as a counter inauguration after Trump took office), and support of women’s rights and human rights in general.

Begun as a Facebook post just after the election, the march is the start of what organizers hope could be a sustained campaign of protest in a polarized America, unifying demonstrators around issues like reproductive rights, immigration and civil rights.  Source:  The New York Times

Here’s a glimpse of the marches today, January 21, 2017 — around the country, and around the world.  Let’s strive for hope, not fear, going forward.

Read more here.

Illustration credit:  The beautiful work of Louisa Cannell.

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Malaysian SMEs Export More than $1 Million Worth of Products

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A memorandum of understanding (MOU) between SMEs and foreign companies was signed in September last year (2016) in Sungai Petani. The five-year agreement will see about US$1 million worth of products (such as instant coffee, Stevia-based sweeteners and flavored carbonated drinks) exported abroad annually from Sungai Petani (a town in Kuala Muda District, Kedah, Malaysia) to Africa.

The state’s Women, Development, Agriculture and Agro-Based, Entrepreneur Development, and Community Welfare Committee chairman Datuk Suraya Yaacob, said that this achievement was a result of the great teamwork by the group of entrepreneurs under the Koperasi Usahawan Groombig Negeri Kedah Bhd (KuGerak).  [KuGerak was established in 2008 and now has more than 184 SMEs as members.]

The anticipation is that within a year the SMEs will also export their products to China and the United States.  The goal is to boost exports for SMEs so they break into more international markets, become stronger, and survive much longer.

Read more here.

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Stubborn Wage Gap for Women Worldwide

Closing the Wage Gap For Women Worldwide

Happy 2017.  For those who missed Laurel Delaney’s webinar, “Laurel Delaney’s Global Trade Trends Report 2017,” you can access it here. And find her presentation deck here.  Now, to other important business matters.

Why is there such a stubborn wage gap for women worldwide?  Your guess is as good as ours but one thing is certain:  As a result of this trend, we’ll see more and more women starting their own businesses and taking them global at the outset.

Meanwhile, in Canada, for example, in an article in Canada’s Corporate Knights magazine, they feature a list of 100 highest paid CEOs including five people named Marc or Mark, five named Michael, four named Al, John, Paul and Steve, and three named Brian, Charles and Donald.  Where are the women?  There were just two women among those 100 corporate elites in 2015.

The United States has the same problem.  On average, American women earn less than their male peers. Highly educated women fare worst of all. For example, when the comedian Ricky Gervais joked that he was paid the same to host the Golden Globes as the actresses Tina Fey and Amy Poehler — combined — his snide humor most likely echoed throughout many workplaces.

Let’s hope in the future that the wage gap is once and for all closed for women worldwide.

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Note: Don’t miss our next WEGG webinar 2/1/17 on “How to Leverage Social Media to GROW Global,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist.  Register here: https://attendee.gotowebinar.com/register/4285210609604750594. Event is no charge but you must register in advance to attend.

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WEGG Mission

Our mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.
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