Archive for the 'Importing' Category

Women Entrepreneurs, the Global Market Needs You

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According to the Small Business and Entrepreneurship Council, In 2016, 97% of all exporters in the U.S. were small and medium-sized companies. The other statistic from this study that can’t be ignored is that only 12% of businesses that export are owned by women. Why are more women not accessing the vast world that is global business?

In Devishobha Chandramouli’s recent Entrepreneur article, “6 Global Trends Reveal How Women Are Redefining Entrepreneurship,” she reports the ways in which women entrepreneurs are critical to the global market. Within Chandramouli’s findings, WEGG founder, Laurel Delaney, reports on why women are often absent from business at a global level:

“Even in a developed economy, women business owners are less likely to explore and expand their products or services because they think they can’t do it, or that they don’t have access to the right training, education, advisory networks, mentorships and community programs. This perceived deficiency makes it difficult for women to access markets, conduct marketing and establish relationships.”

If women do not believe they are capable of global success, they will not achieve it. The secret is, that women are not only capable of global business, but are also exponentially beneficial to their communities when they have it. Chandramouli notes,

“As globalization is breaking down the barriers that limited businesses by cultures, gender and geography, many partnership and trade agreements have been developed in an attempt to encourage global economic activity among women. Women are known to give back about 90 percent of their earnings to the health and education of their communities and families, contributing to development directly, so it’s easy to see why it is critical.”

Women entrepreneurs, the global market needs you.

You can read Chandramouli’s article here, to learn more about how women have the ability to transform global business, for the better, from within.

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Why go global?  How do you start?  Where can you find customers?  How do you get paid?  Find out these answers and learn other best-kept secrets to expanding a business globally. 

JOIN us for our first weggchat™ (#weggchat) Wednesday, August 8 from 11:00 a.m. — 12:00 p.m. (noon) Central time on Take Your Business Global! and facilitated by Laurel Delaney, President of WEGG and founder of GlobeTrade.com.  Laurel will field questions and add insights on how to take a business global.  Small business owners can join the conversation by using the hashtag #weggchat to chime in with questions and answers.

Event is free of charge but you must use tchat.io or twubs.com to follow the conversation using the hashtag #weggchat.  See you there!
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Grow Sales By Importing

Have a great new product idea but don’t know how to find a manufacturer to produce it?  Look no further.

To find suppliers of the product you want to import, you’ll need to consult some specialized online resources. These four are a good start: Alibaba, Global Sources, ThomasNet and Kompass. If you contact the U.S. Embassy in the country you are interested in importing from, they might be able to help as well. When you travel internationally, provided you set aside time to do a little shopping, you might stumble upon a product you like and find out who the manufacturer is (look on the package). I have managed to do this several times in the course of my international career. It works.

Read the entire article:

Importing:  How to Find a Supplier For the Product You Want to Import

Posted by:  Laurel Delaney

From the Philippines To Wall Street To Lingerie Business Owner

A native of the Philippines where entrepreneurship is valued, Josie Natori (pictured), 62, followed her gut instincts and launched a lingerie company, Natori,  in 1977. Today her brand includes four intimate-apparel lines, as well as a ready-to-wear clothing collection, home and bath products, eyewear and fragrance.

Josie shares her sweet story of success with Dinah Eng of Fortune Small Business. Here’s one of many questions Dinah asked Josie about how she got started.

How did you transition to lingerie?

I really wanted to do something connected to the Philippines, so I started considering products to import. I’m a shopaholic, and I love beautiful things, but I never thought about design. But when a friend sent me some clothing samples, I decided to see if there was a market for them. I walked into Bloomingdale’s with some embroidered blouses and happened to meet a lingerie buyer who suggested I make them into nightshirts. Had I landed with a blouse buyer, I don’t think I would be where I am today.

In 1977 lingerie had no style. It was either Victorian or vulgar. Because I had no preconceived notions about what Natori should be, I was able to produce bold, colorful and unexpected lingerie for the time.

Read the entire interview (includes a video clip and a couple of great moment photos) here.

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

Rachel Wins Import/Export Award

What is so amazing is that Rachel Pavelka (featured in video) is 13 years young and runs Every Girlz Dream Jewelry Co.! She is the winner of The Consortium for Entrepreneurship Education’s Import/Export Challenge and already knows the value of the emerging world market.

As a new breed of global entrepreneur, Rachel is creating her own borderless destiny. Let’s congratulate her for her drive and creativity and wish her the absolute best for continued success.


WEGG Mission

Our mission is to educate, inspire and nurture 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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