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Women Are Leading the Global Entrepreneurial Revolution

TheEntrepreneurialRevolutionIsGlobalAndWomenAreLeadingIt

Women are leading the charge in taking their businesses global and the United States is a frontrunner with other nations following suit.

Our friend and colleague Rieva Lesonsky, CEO and cofounder, GrowBiz Media says:

I’ve [Rieva Lesonky] seen this firsthand over the past three years as I traveled to Brazil, India and Turkey, meeting scores of international women entrepreneurs at various states of business ownership, from startup to global expansion. The good news is these women don’t have to go it alone. There are organizations [such as WEGG] and events to help them come together, solve common challenges and exchange support.

Read more:  What Global Women Business Owners Need to Grow

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Confidence and Bold Growth Plans Will Take You Global

ConfidenceAndBoldGrowthPlansCanGetYouGlobal

A survey of Asia-Pacific women entrepreneurs has found that “while confidence and bold growth plans are trademarks of the region’s female business owners, they face some behavioral barriers to successfully scaling their operations.”

The survey was conducted as part of the EY Entrepreneurial Winning Women™ (EWW) Asia-Pacific program, which is sponsored by Standard Chartered, and assists established women-led businesses ready to become global market leaders.

Here’s one finding:

An overwhelming majority (90%) of the 143 respondents reported that they plan to scale their business, with 60% planning to grow internationally and 16% working toward an IPO. Almost two-thirds (58%) of those surveyed have explored external financing options; however, 73% admitted they found the process “intimidating.”

Learn more:  High-Potential Asia-Pacific Women Entrepreneurs Have Appetite for International Expansion New Survey Finds 

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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A Global Affair to Remember at TAK Tea

AGlobalAffairToRemember

Thirty-five year-old social entrepreneur Zahra Karmali poses inside her shipping container turned community project store with a cup of TAK tea on 17th Avenue S.E. in Calgary, Alberta, Canada.  She’s plying her [global] trade on the diverse community’s main drag.

Her launch, along with others, is all part of Emerge Market, an incubator for local entrepreneurs who are launching businesses, everything from handmade goods to ethnic foods.

What was the impetus that led Marmali to start her business?

It was thanks to a 2004 trip to Tanzania that she rediscovered her spark when she met a street child named Aziz Mathew. “He asked me for five cents,” she says. “He said with five cents he could buy his roti and chai, he could buy peanuts, he could pay for security to watch him when he slept on the street.”

Inspiring people.  Amazing stories.  Changing lives.

Learn more:  TAK tea, a tiny International Avenue business a truly global affair

Photo courtesy:  Calgary Herald

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Lagos Ladies, Get Ready to Scale Your Businesses Globally

LagosLadies

If you are an innovative female entrepreneur based in Lagos, Nigeria and looking for scalable growth, you are in luck because the SME Boutique Women’s Exclusive Club (SWEC) has been launched just for you.

SWEC is an exclusive club for Lagos based female entrepreneurs who are seeking business growth and personal development opportunities and will offer brand visibility, capacity building business opportunities, mentoring and networking and access to financing, to name just a few of the free services.

Learn more:  Girl Boss!  Are you an Innovative Female Entrepreneur looking for business growth opportunities?  Apply to join the SME Boutique Women’s Exclusive Club (SWEC) Business Plan Accelerator Programme Scale UP!

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Women Account for 48 Percent of all SMEs in Kenya

Screen Shot 2016-07-16 at 3.39.40 PM

In Kenya, women-owned businesses account for over 48% of all SMEs, contributing about 20% of the Kenyan gross domestic product (GDP). Hence, the reason for a partnership between SheTrades Initiative (launched by the International Trade Centre) and Barclays Kenya for the purpose of offering local women entrepreneurs support in critical areas, including financial management, in order to help them create and maintain links to international markets.

“This partnership comes at an opportune time when SMEs are being globally recognised as vital economic growth and employment drivers. SheTradesKe presents us with a great opportunity to empower women in business and certainly draws us a step closer towards achieving the United Nations Sustainable Development Goals which seek to eradicate extreme poverty by 2030, while curbing social and economic inequalities,” Mr Awori [Managing Director, Barclays Bank of Kenya] said.

Read more:  Barclays, ITC cooperate to link up 10,000 women entrepreneurs to export markets

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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How to Finance Your Global Growth

HowToFinanceYourGlobalGrowth

Our WEGG Board member, Chantal Wittman, V.P. International Trade Sales, MB Financial Bank, wrote a great article on “How to Finance Your Global Growth.”  You can access it here.  One tip she shares:

“Today most U.S. export sales are made to private sector buyers in both developing and developed markets. Ex-Im Bank and private sector credit insurance policies can be used to protect the risk of non-payment from foreign buyers, while extending payment terms that can range from a few days to five years, or longer. These insurance policies can also be assigned to U.S. banks to allow for advances on foreign receivables.”

Read more:  “How to Finance Your Global Growth

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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.

Screenshot courtesy:  MB Financial

For Evita Turquoise Robinson, Facebook Is the Capital of the Internet

ForEvitaTurquoiseRobinsonFacebookIsTheCapitalOfTheInternet

Evita Turquoise Robinson, founder of the group, Nomadness Travel Tribe, has more than 10,000 members from all over the globe. The distinctiveness of her group is that while it is open to travelers of all ethnicities, it is primarily African American, age 25 to 40, with 80 percent women.  How did she build up such a following?  Social media was the key to the group’s growth.

“There are so many social media outlets: Twitter, Periscope, Instagram. Instagram and Periscope- — the live-streaming app — allow anyone to follow along on our trips,” she [Evita] said. “If the Internet was a geographic location, Facebook would be the capital. It is where everyone is. If you can start someplace where everyone is and then push out from that point, you have the opportunity to do something special.”

Read more:  How One Entrepreneur Grew a Global Business From Her Facebook Friends

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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.

Screenshot courtesy:  Nomadness Travel Tribe

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.

__________________________________________

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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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.
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