Archive for June, 2016

The Upside Potential of an Interconnected World

TheUpsideOfAnInterconnectedWorld

At a recent Global Entrepreneurship Summit at Stanford University, President Barack Obama says people succeed and communities prosper when they have the skills and resources needed to start their own businesses [and go global we might add!].

Women, minorities and those “locked out” by the existing social order, which the president described as “people who aren’t part of the old boy’s network,” can become empowered entrepreneurs when they can turn their ideas into reality, he said.

He added:  “I believe all of you represent the upside of an interconnected world.”

Read more:  Obama:  Entrepreneurship helps women, minorities around the world

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next_up_13July_2016_wegginarNote: Don’t miss our next WEGG webinar 7/13 on “China Exports: Growing Brand Recognition Locally First,” and presented by expert Nicole àBeckett, President of Mercatura Global. Register here: https://attendee.gotowebinar.com/register/1045496295028407041. Event is no charge but you must register in advance to attend.

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And one more thing!  If you are based in Chicago, don’t miss a great LIVE event on July 13th  where one of our past WEGG presenters, Louise Kern, will be discussing Saving Your #$%:  Due Diligence in International Transactions.  To find out more and to register, visit: http://calendar.itagc.org/docs/ITAGC_Calendar_8255.pdf (fee involved).  Be sure to mention WEGG when you register to get your special discount.

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Emirati Women Reaching Higher Levels of Excellence

EmiratiWomenReachingHigherLevelsOfExcellence

The Emirati youth are establishing small and medium businesses, which contribute highly in developing the economic and social sector of the nation.  Many are thinking broadly and away from formal employment.

Ameera Binkaram, Deputy Chairperson of Nama and Chairperson of Sharjah Business Women Council (SBWC), stated, during the recent 1020 Exhibition for entrepreneurs:

Female entrepreneurs had proven, over the years, that they were well-qualified to manage successful business projects. “Today, we witness an important shift to a level of management based on innovation, and we expect that Emirati women will reach higher levels of excellence,” she said.

Read more:  Emirati women tipped to scale the heights in entrepreneurship

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next_up_13July_2016_wegginarNote: Don’t miss our next WEGG webinar 7/13 on “China Exports: Growing Brand Recognition Locally First,” and presented by expert Nicole àBeckett, President of Mercatura Global. Register here: https://attendee.gotowebinar.com/register/1045496295028407041. Event is no charge but you must register in advance to attend.

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Act Smart, Use Apps, Get Ahead in the Global Business World

Act Smart, Use AppsGetAheadIntheGlobalBusinessWorld

In our technologically advanced and interconnected world, it is advisable to act smart rather than just limiting your work to hard-work.  Here are 5 business apps which have contributed to the success of female entrepreneurs:

  1. Dropbox
  2. Time Master
  3. Awesome Note
  4. Expensify
  5. Pepperi

Read more: 5 Business Apps For Women Entrepreneurs To Rise and Shine

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next_up_13July_2016_wegginarNote: Don’t miss our next WEGG webinar 7/13 on “China Exports: Growing Brand Recognition Locally First,” and presented by expert Nicole àBeckett, President of Mercatura Global. Register here: https://attendee.gotowebinar.com/register/1045496295028407041. Event is no charge but you must register in advance to attend.

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Nasty Gal’s Sophia Amoruso Puts Her Big Global Girl Shoes On

NastyGal's ophiaAmorusoPutsHerBigGlobalGirlShoesOn

I wrote about 32-year old Sophia Amoruso (pictured above), founder of Nasty Gal, in my book, “Exporting:  The Definitive Guide to Selling Abroad Profitably.”  Back then (2012), Nasty Gal made about $100 million in revenues.  She has become a fashion phenom by overseeing a nascent but growing e-commerce site, selling edgy, stylish clothes to a loyal fan base.

Screen Shot 2016-06-04 at 3.03.54 PMCurrently, she generates $300 million in revenues, according to Forbes’ estimates.

According to Forbes, “It [Nasty Gal] topped industry bible Internet Retailer’s list of the year’s 500 top e-commerce performers, beating out the likes of Apple and Amazon with a 92.4% five-year compound annual growth rate.”

Is her company global?  You bet.  Will she take her company public someday?  Our guess is yes.  We’ll just have to wait patiently and see. Meanwhile, strike a pose.  Buy a nasty gal outfit.

Read more:  Nasty Gal’s Sophia Amoruso Hits Richest Self-Made Women List With $280 Million Fortune

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Note: Don’t miss our next WEGG webinar 6/8 on “Avoiding Scams, Fraud & Deceit in Your International Business: How to Conduct Effective Due Diligence,” and presented by expert Louise Kern. Register here: https://attendee.gotowebinar.com/register/3785897085114894084. Event is no charge but you must register in advance to attend.

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