Posts Tagged 'global economy'

Starting Up and Taking a Personal Care Product Global with Jacqueline Smith

weggChat with Jacqueline Smith

On Wednesday February 6th at 11:00 am CST,  Jacqueline Smith will be leading our first weggchat™ of 2019 on Twitter. Smith is the CEO of Kiesque, and her chat will cover “Starting Up and Taking a Personal Care Product Global.”

Why should you participate? Glad you asked.

Not only are all of our weggchats™ free of charge to participants, but they can help you get answers to all of your questions about taking a business global. During the the weggchat™, we will field questions and add insights on global entrepreneurship.

Here are just three of the questions that Smith will cover in her talk:

  1. What prompted you to start your business?
  2. How did you develop a patent?
  3. When did you first start selling globally?

Use tchat.io or twubs.com to follow the conversation with #weggchat. Small business owners are especially encouraged to chime in with questions and answers! In the last five minutes of our chat, all participants are invited to share their “140 character” elevator pitch on their businesses.

A full description of the event can be found on our website.  See you there!

Turning Your Passion into a Global Brand

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wegg® wants to help women everywhere transform their passions into global brands. Making the dreams of women entrepreneurs a reality is wegg®’s purpose. We are here for you. 

You might be wondering, “How could anyone change their hobby into an international business?” Well, we recently read about one woman’s success story in this Forbes article.

Becky Burns, a woman living in Kauai, founded Anahola Granola  as a cross between her love of healthy food and Hawaii. Much like you would expect, the initial development of her business was a huge risk. This risk did not prevent Burns from maintaining the original vision that her brand was founded on, as she strived to go global. She explains,

“I had to be crazy starting a granola business on Kauai in 1986. At that time, the only people who ate granola were a few hippies that made their own. But I was motivated by the people who loved Anahola Granola, who said, ‘Your granola is so good you should sell it.’ Some of those people bought a small bag every week. I couldn’t stop making the stuff; I thought, ‘What would my new fans eat?’ Obviously, I wasn’t motivated by crunching numbers and looking at the bottom line. It was never about the money. My vision of making granola was 100% clear…I never wavered from my direction, never overthought my plan.”

Burns’ focus on the purpose of her business was a key to her success. Not getting discouraged, and keeping the people she wanted to serve in mind, is a lesson that we can all learn from. Burns illustrates her process and mission,

“My core value was getting a healthy and delicious granola out to people. I love people and love making people happy. My product had to taste, smell and feel delicious. I valued the best ingredients I could find, making food that I would want to eat. It may sound corny, but to me, Anahola Granola is more than food, it embodies everything I care about: Hawaiian heritage, healthy food, respect for people and an experience of the extraordinary place found in Hawaii.”

Becky Burns is an excellent example of a woman who was able to take something she loved, and turn it into her full-time job. wegg® wants to help you do the same.

One upcoming resource that could answer any questions you might have is our weggchat™  on 2/6/2019, with Kiesque CEO, Jacqueline Smith. The FREE event will cover, “Starting Up and Taking a Personal Care Product Global.” More information can be found here

Why Women Don’t Start Businesses and How wegg® Can Help

In 2019, wegg® wants to help all women entrepreneurs, from the seasoned to the aspiring, achieve their business ambitions. We can help you go global, and assist with the obstacles that usually prevent women from reaching their full business potential.

What are some of the barriers women face when trying to start an entrepreneurial career, that wegg® aims to alleviate? Glad you asked.

In a recent report from The Economic Times, a group of women in India were polled on the reasons that they are not able to start their own independent businesses. The Times states,

“Of the homemakers who aspire to start their own business or pursue a hobby to make money, 69 per cent said the greatest barrier was lack of sufficient funds, 63 per cent said home responsibilities took up most of their time, 39 per cent said it was lack of guidance and 36 per cent reported that it was a lack in confidence.”

When the women were asked about what kinds of solutions would aid them in overcoming the aforementioned obstacles, the results were,

“62 per cent said it was financial/funding support, while 51 per cent said they needed self-confidence or counseling the most.”

Enter wegg®. We provide FREE monthly webinars that cover a varying array of topics. At these events, “wegginars®,” we have an entrepreneurial expert present on a business subject of their choice, combined with a participant Q&A. Anyone around the world can participate in these accessible events, and all at no charge. Get a head start on your resolutions this year, and let wegg® help you take your business to new heights.

Registration is open and free for Laurel Delaney’s 1/9 talk. She will present her annual global trade trends report 2019.  Join us. Register here.

See You in the New Year for our wegginar® with Laurel Delaney!

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wegg® wishes everyone a safe and happy holiday! We will see you in the New Year, with wegginar® NO. 34 on Wednesday, January 9, 2019. This wegginar® will be presented by  Laurel Delaney, President, wegg® and Founder, GlobeTrade.com. Join us at 11:00 am CST, noon Eastern for Laurel Delaney’s Global Trade Trends Report 2019.

wegginar® participants will get an in-depth look at what matters for global traders in 2019.

Laurel is passionate about helping entrepreneurs and small businesses go global. The United States Small Business Administration has recognized Ms. Delaney as a world-renowned global small business expert by naming her the Illinois Exporter of the Year. She is the author of several books on exporting, with the most popular being, Exporting: The Definitive Guide to Selling Abroad Profitably (2nd edition 2016) published by Apress Media.

She is the creator of The Global Small Business Blog, which is ranked No. 1 in the world for entrepreneurs and small businesses interested in going global, President of Women Entrepreneurs GROW Global and organizer of the Global Small Business Forum. She serves as the former About.com Import & Export Expert, is a charter member and a board member by appointment of the World Entrepreneurship Forum, and also serves as the Chicago Chapter Chair for the Women Presidents’ Organization. For more information on Laurel, click here.

Register for Laurel’s free January wegginar®, here.

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Teach a Woman to Fish & Go Global, and You’ll Feed Her & Her Business for a Lifetime

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Everyone knows the classic adage, “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”

But wegg® knows, “Give a woman a fish, and you feed her for a day. Teach a woman to fish and go global, and you feed her and her business for a lifetime.” This idea is the essence of wegg®’s mission: “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.”

Our goal as a 501(c)(3) nonprofit organization is to teach the women entrepreneurs of the world how to take their businesses global, and we are always thrilled to hear about the triumphs of women entrepreneurs around the world. Recently, we read a New York Times article covering the reform of Rwanda’s fishing industry, from an exclusively male world, to a community of women entrepreneurs. Author Shannon Sims describes the change,

“The intense physical work and danger that comes with fishing on Lake Kivu, along with reinforcement from traditional gender roles, kept women from fishing for generations, tending to backyard farms instead. But in post-genocide Rwanda, that seems to be changing. Today, women form an essential part of the national market for Lake Kivu fish. Besides fishing on the lake at night, women also gather along the shores in the early morning to buy the fish the fisherwomen deliver. They then haul those fish home to their small villages, or sell the fish to cooperatives.”

This newfound emphasis of women on the business side of Rwanda’s fish economy has inspired the development of Projet Pêche, a fishing cooperative made up of 87 women, in Kibuye, a town along the banks of Lake Kivu. This collective has had a supremely positive impact on the lives of Rwandan women. Just listen to one woman, Bonifrida Mukabideri’s, account,

“A lot of women have used the cooperatives to fight poverty. Here in Rwanda we now have the idea that women and men can do every job…Now a woman can say: ‘I can build a house by myself. I can look after my family properly. And even if my husband dies, we can live a better life.’”

wegg® would love to help global women entrepreneurs like Mukabideri feed themselves, their families, and their communities for a lifetime…by fostering an expanding global business that thrives for generations. For more information on the resources wegg® has to offer women entrepreneurs, check out our education page.

 

Everything You Need to Know from Our wegginar® with Cristina Bandal

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This past Wednesday, wegg® had the pleasure of hosting the Industry Segment Manager of Retail and Consumer Goods for UPS, Cristina Bandal. Bandal lead one of our free online wegginars®, which provide monthly, accessible education to women entrepreneurs everywhere. Bandal’s talk covered how to overcome the obstacles that people face when trying to sell their products to the global market. She also answered the questions of wegginar® participants. Read their inquiries, and her responses, below:

  1. What’s the single biggest challenge on why people don’t setup an online storefront?  Setting up an international store may sound complicated if you are thinking of creating a country site – but with only a few enhancements, you can make international customers feel at home. 
  2. What are your thoughts on how to factor in taxes, (shipping and duty), to price my products profitably, yet make them affordable to my customers?  With the solution available, your catalogue will provide the information needed to calculate a duty and tax, and offer a landed cost to your customers (and protect you from abandoned goods!)
  3. How does our current trade war with China impact the information presented in this wegginar®?  Whatever tariff regulations are passed are updated to protect the shipments.
  4. Is there a way to target one foreign market when I launch my e-commerce site so that I can test the waters?  YES!!  You can choose what countries to target.
  5. What’s the best way to setup a payment method, in your own currency or the customer’s?  International consumers would like to see their own currency to avoid surprises. By using the UPS i-parcel solution, you are protected by allowing transactions to be processed through UPS, and provide fraud protection.

To read Bandal’s extended answers to these questions, and more, you can view the full presentation (PDF) from the wegginar®, here. wegg® was honored to have Bandal share her experience and knowledge with us.

If you were not able to participate in this month’s wegginar®, we already have registration open for our 12/5 talk with Andrew Molinsky, Ph.D. He will talk about how, “if you are not outside your comfort zone, you won’t learn anything.” Register here.

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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Jack Ma Gets It: Women Are a Driving Force in our Global Economy

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Women are a driving force in our global economy.  That’s part of the reason we started WEGG back in 2008!  Jack Ma, founder of China-based e-commerce platform Alibaba, recently announced to the world his support for women and youth entrepreneurs, and said that they were the driving force behind his “She Era” conference that he organized in Hangzhou, capital of east China’s Zhejiang Province, on May 20.

Ma said this:

“The world will become more beautiful in terms of women’s engagement.”

Beautiful may not be the only word to describe the contributions women are making not just in China but the rest of the world.  In China alone, for example, more than half of online stores are opened by full-time housewives, especially on Alibaba’s business-to-customer platforms including Taobao.com and Tmall.com.

At WEGG, we believe the world will become more prosperous and healthier as a result of women’s contributions worldwide.  You watch.  WEGG is on a mission to prove it. And we have every intention to reach out to Jack Ma for support.

Screenshot courtesy:  Yibada


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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