WEGG Unlocks Export Opportunities for Women-Owned Businesses

Michael Froman, former U.S. Trade Representative, had it right when he said it is important for women-owned businesses to be able to export their products because studies have found that women-owned firms that export not only earn more, but also employ more people and are, on average, more productive than women-owned firms that do not. Through exporting, women also energize our economies.

We’ve said it time and again that exporting has very real advantages and puts women business owners on a path toward greater growth and profitability.

Read more about how women worldwide are unlocking export opportunities for their businesses.

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Note: Don’t miss our next WEGGinar™ 11/1/17 on “UPS Takes the Guesswork out of Global Shipping” and presented by Andrea Cervini, UPS Illinois, Small Business Marketing Manager (https://global.ups.com/how-to-ship-internationally/).  Register here: https://register.gotowebinar.com/register/3272777010361474561.
Event is free of charge but you must register in advance to attend.
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Female Entrepreneurs Face Common Challenges Worldwide

What do women entrepreneurs from Tajikistan and Milwaukee have in common?  They both face common female-owned business challenges worldwide.

Tahmina Karimova owns Ozara, a handicrafts (as shown above) company in Tajikistan.  She is one of four women from Tajikistan visiting Milwaukee, Wisconsin through the International Visitor Leadership Program, part of the U.S. State Department.  Kimberly Kane runs Kane Communications Group in Milwaukee.

The idea behind the program is to strengthen foreign relations by facilitating  conversations among local people and their visiting counterparts. Each year nearly 5,000 people come to the United States through the program, launched in 1940.

“One of the benefits for me is that every country, even one of the most advanced countries in the world, has its own problems,” said Karimova who spoke through an interpreter. “We were coming here with the idea that America is a paradise. However, we are finding out very quickly that there are many problems including female problems. It’s not all as perfect as we thought before.”

Read more … ‘We realized we all have common problems,’ says female entrepreneur from Tajikistan visiting Milwaukee.

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Note: Don’t miss our next WEGGinar™ 10/11/17 on “Navigating Global Business Travel in 2017,” and presented by Stephanie Lewin, Global Immigration Attorney at Berry Appleman & Leiden LLP (www.balglobal.com).  Register here: https://register.gotowebinar.com/register/6874264726093775875.
Event is free of charge but you must register in advance to attend.
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The WEGG Library For All Things Related to Exporting

Are you aware of our library of vast resources at Women Entrepreneurs GROW Global (WEGG)?  Below is a snapshot of presentation decks where the presenters freely share their work, which means you have a choice to listen to the WEGGinar™ recording and/or review the presenter’s slides, and we also feature a couple of useful articles to accelerate your growth.

Find all 19 of our WEGGinars™ to date (September 30, 2017) here.  And, of course, don’t miss our next one below.

Meanwhile, let us know what topics you want covered in 2018.  We are already busy at work on many of them (e.g., international labelling, how to be bold in the global marketplace!, global trends in 2018, etc.)  Please email me your ideas at (ldelaney@womenentrepreneursGROWglobal.org) because we want to make sure we are helping you grow your business globally as quickly and efficiently as possible.  Thanks so much!

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Note: Don’t miss our next WEGGinar™ 10/11/17 on “Navigating Global Business Travel in 2017,” and presented by Stephanie Lewin, Global Immigration Attorney at Berry Appleman & Leiden LLP (www.balglobal.com).  Register here: https://register.gotowebinar.com/register/6874264726093775875.
Event is free of charge but you must register in advance to attend.
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Super Success: The WEGG+ICNC Export Workshop Held at KOVAL Distillery

Thank you to all who attended our super successful WEGG+ICNC Export Workshop hosted at KOVAL Distillery in Chicago, September 19, 2017. Participants learned what it takes to successfully sell products overseas. The photos are for your enjoyment.

We are already at work planning our next on-the-ground WEGG workshop — stay tuned.  Meanwhile, thank you to our sponsors:  UPS, IBM and BAL.  Without their support, this program would not have been possible.  And thank you to all of you for your continued interest, support and enthusiasm to our mission.

Up next?  See below.  Learn insights from expert Stephanie Lewin on what you can and can’t do on global business travel these days.

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Note: Don’t miss our next WEGGinar™ 10/11/17 on “Navigating Global Business Travel in 2017,” and presented by Stephanie Lewin, Global Immigration Attorney at Berry Appleman & Leiden LLP (www.balglobal.com).  Register here: https://register.gotowebinar.com/register/6874264726093775875.
Event is free of charge but you must register in advance to attend.
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What Do Women and Whiskey Have in Common With Going Global?

What do women and whiskey have in common with going global?  Plenty. Because our next on-the-ground WEGG event takes place at the famous KOVAL Distillery in Chicago on Tuesday, September 19 from 9:30 a.m. – 11:00 a.m. Central time where Dr. Sonat Birnecker Hart will talk about “The Top 3 Export Lessons Learned from a Chicago Distillery.”  The program also includes a tour of KOVAL Distillery.

Dr. Birnecker Hart is owner and president of Chicago-based KOVAL Distillery, and has spearheaded product development, distribution, and marketing. With over 50 awards, including gold medals on both sides of the Atlantic, KOVAL is considered one of America’s leading craft distilleries. Recently earning the title, Illinois Exporter of the Year, KOVAL has demonstrated a focus on international distribution and growth abroad with availability throughout the EU, Australia, New Zealand, Canada, Japan, South Korea, and in the coming months, Taiwan and China.

The event is hosted by Women Entrepreneurs GROW Global (WEGG) and in collaboration with ICNC/SBDC.  WEGG thanks its sponsors for making this educational program possible:  UPS, IBM and BAL.

To learn more and to register (it’s not too late … a few seats left), visit:
https://www.eventbrite.com/e/wegg-icnc-export-workshop-tickets-36226102247

We look forward to seeing you there!

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Note: Don’t miss our next WEGGinar™ 10/11/17 on “Navigating Global Business Travel in 2017,” and presented by Stephanie Lewin, Global Immigration Attorney at Berry Appleman & Leiden LLP (www.balglobal.com).  Register here: https://register.gotowebinar.com/register/6874264726093775875.
Event is free of charge but you must register in advance to attend.
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Jeff Deiss Talks About Winning the Trade Game with Export Finance

Jeff Deiss, Regional Export Finance Manager, Northern California | International Trade Finance Manager-Western US | US Small Business Administration – Office of International Trade | US Export Assistance Center (www.sba.gov/international) recently gave a substantial WEGGinar™ on “Winning the Trade Game with Export Finance.”  You can listen to it at your convenience here and download his presentation here.

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Note: Don’t miss our next WEGGinar™ 10/11/17 on “Navigating Global Business Travel in 2017,” and presented by Stephanie Lewin, Global Immigration Attorney at Berry Appleman & Leiden LLP (www.balglobal.com).  Register here: https://register.gotowebinar.com/register/6874264726093775875.
Event is free of charge but you must register in advance to attend.
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Women Entrepreneurs Are at the Forefront of Transformation

According to the 2017 Bank of America Women Business Owner Spotlight, an annual study of more than 1,000 small business owners, women entrepreneurs expect BIG cracks in the glass ceiling over the next 20 years, with a majority believing that women will match or exceed men in a number of areas, including but not limited to:

  • 80% of female entrepreneurs foresee greater or equal representation of women in STEM (science, technology, engineering, math) fields compared to men in STEM.
  • 68% believe women will match or exceed men in executive leadership or C-suite role representation.
  • 66% believe there will be more women-owned small businesses compared to those owned by men.
  • 61% of women believe their wages will be equal to or greater than those of men.

The study also found that women small business owners have shown significant increases in optimism toward the economy improving in the year ahead – including confidence in their local economy, the national economy and the global economy (32 percent in 2017 vs. 16 percent in 2016).

Read more …

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Note: Don’t miss our next WEGGinar™ 9/6/17 on “How to Win the Trade Game With Export Finance,” and presented by Jeff Deiss, Regional Export Finance Manager, Northern California | International Trade Finance Manager-Western US US Small Business Administration – Office of International Trade | US Export Assistance Center (www.sba.gov/international).  Register here: https://register.gotowebinar.com/register/4753604763900421122.
Event is free of charge but you must register in advance to attend.
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Why Women-Owned and Women-Run Businesses Outperform

It’s a fact:  women-owned and women-led businesses perform better. And that’s why going global is such an appealing avenue of growth for women entrepreneurs and business owners.

Shark Tank’s Kevin O’Leary says:

O’Leary speculated that the women’s outperformance is due to more effective time-management skills and an aptitude for setting achievable quarterly goals. The women-run firms in his 44-company portfolio reach their goals 90% of the time, compared to 65% for men-run firms, he says. He believes these strengths lead to higher employee morale and better results.

Other strong possibilities on why women entrepreneurs perform better beyond pushing boundaries:

  • Smarter decision-making that follows from more diversity of thought; women challenge stale ways of thinking, re-examine facts, generate more innovation and sharpen performance.
  • Greater efficiency with money.
  • Taking more carefully calculated risks (forget the myth that women are risk-adverse!).
All these great characteristics can naturally lead women to expand their businesses internationally.  The qualities go hand in hand.

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Note: Don’t miss our next WEGGinar™ 9/6/17 on “How to Win the Trade Game With Export Finance,” and presented by Jeff Deiss, Regional Export Finance Manager, Northern California | International Trade Finance Manager-Western US US Small Business Administration – Office of International Trade | US Export Assistance Center (www.sba.gov/international).  Register here: https://register.gotowebinar.com/register/4753604763900421122.
Event is free of 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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