Archive for February, 2009

Global Networking, Social Media and a Cuppa Joe

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Looking for new ways to network on those endless roadtrips?

Try Social Media Breakfasts.

This morning I went to the inaugural SF-East Bay Social Media Breakfast and met over thirty new faces. These people ran the gamut in both age and background. Five of them worked in areas that were directly relevant to my business. One turned out to be a friend of a friend. And interestingly, well over half of them were women.

Currently held in 18 cities around the world — and spreading rapidly — Social Media Breakfasts pull together a group of social media experts, enthusiasts and newcomers to share uses, successes and learning curves related to social media applications. Experts briefly present and then open the floor to attendees so that projects, experiences and relevant event/contact information can be shared. Everyone is welcome, and this one was free.

Thanks to JD Lasica for presenting, Shel Holtz and Kenny Lauer for organizing, Liveworld for sponsoring the event at Cesar, and the Society for New Communications Research for getting the word out.

Posted by: Carolyn Ockels

Calling All Women in Global Business

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Australia is the host country for a “Women in Global Business” National Seminar Series (refer to Women in Export Program).

Participants will learn about specific opportunities and strategies for building sustainable export programs from Austrade’s highly experienced in-market Trade Commissioners and local case study speakers.

Australia’s initiative is very much in line with the mission of WEGG:

The Women in Export program aims to ensure women in business are aware of, and have access to, the full range of Austrade’s services to assist them in becoming successful and sustainable exporters. This is being done by:

  • encouraging businesswomen and businesses owned or operated by women to export
  • identifying businesswomen who are active in export and who could become role models for other women in business
  • working with existing women’s networks to help them achieve a greater export focus among their membership

For more information about the seminar series (starts April 2), go here.

Post by:  Laurel Delaney

Women Rejuvenate the World

Women Rejuvenate the World

Interesting post by Sarah Iqbal on gender over at the PSD Blog – The World Bank Group. She attempts to answer the complex question: Why don’t women rule the world?

Find out Sarah’s answer here.

The comments are insightful and fun to read. We are a bit concerned, however, that Dee Dee Myers (refer to our post November 9, 2008) might get a little upset about this.

Posted by: Laurel Delaney

Are the Poor Entrepreneurial?

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I think that one of the best things that we from the developed world can do for the poor is to help cultivate an entrepreneurial environment for them.

That’s what Moses Lee says over at the NextBillion.net in his entry Are the Poor Really Entrepreneurial?

Let us know if you agree or disagree.

Note: Picture taken from here.

Posted by: Laurel Delaney

Women Entrepreneurs in the Developing World

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What does it take to make a successful female entrepreneur in the developing world? If any entity can come up with an answer, it is The World Bank and part of the solution is that women need a relatively effective way to save money.

More can be found on this topic via a new paper (PDF file available for immediate download) Savings Constraints and Microenterprise Development that reports on the results of an experiment in Kenya that provided zero-interest savings accounts to village microentreprenuers.

And visit the Private Sector Development Blog through The World Bank.

Posted by: Laurel Delaney

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

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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

UPS Small Biz Survey: Entrepreneurs Are Optimistic, Those Engaged in Trade Even More So.

upsbusinessmonitorusa2009 A recently released UPS Business Monitor United States survey (download the full report) finds that small business owners continue to be optimistic about their company’s financial future despite the lousy condition of the economy. According to the poll, 86 percent of small business owners expect their firms “to be in the same or better financial shape in one year.” That’s a slight decline from the overall sentiment (91 percent) in a fall 2008 UPS survey.

Are these entrepreneurs being overly optimistic in regard to their outlook for the economy? Do they think conditions will turn around more quickly than what is generally expected? That doesn’t seem to be the case — 67 percent of small business owners believe that the economy will begin to improve in 2010 or later.

Small business owners who engage in international trade were even more optimistic about the financial condition of their firms in one year — 62 percent said their businesses would be in better condition in a year’s time (versus 39 percent of non traders).

According to the UPS survey, 73 percent of small business respondents are not exporting, nor do they plan to engage in trade: “Unfamiliarity with global markets, language barriers and apprehension about preparing customs and other documents were among the main reasons why small business owners say they are not trading across borders.”

That’s regrettable because there are abundant resources available for entrepreneurs who wish to explore going global. The U.S. Department of Commerce, for example, has top-notch educational material, an enthusiastic staff, regular webinars and other resources to help small firms research international markets and walk them through key details. In fact, the International Trade Administration just updated its Basic Guide to Exporting. If you visit Export.gov, you will find a wealth of information about doing business overseas.

And, it looks like U.S. policy may continue to move forward in a direction that opens up additional markets for entrepreneurs. Despite some of the protectionist rhetoric heard out on the presidential campaign trail, the Journal of Commerce reported a strong likelihood that President Barack Obama would advance trade pacts currently in the works (Colombia, Panama, and South Korea). There may be small adjustments to the deals, but it appears that trade is not a dead issue with the new Administration.

Alan Gershenhorn, UPS senior vice president of worldwide sales and marketing, said that trade is a sound strategy for business growth and survival. He observed: “By expanding opportunities in new markets, cross-border trade can help small businesses diversify, buffering them against risk, and helping them stay strong in tough times.”

Right now may be the perfect time to explore going global.

Karen Kerrigan
President & CEO, SBE Council
Founder, Women Entrepreneurs Inc. (WE Inc.)

Change Starts With a Girl

girleffectorg

Saturday, at Davos, was devoted to bringing rights of women to the main stage — finally. Read more here. And catch The Girl Effect on the right sidebar of our blog under the “Take A Look” section.

Posted by:  Laurel Delaney


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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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