Posts Tagged 'grow global'

Make Things on a Small Scale and Then Grow Global

While Solange Nisingizwe was on vacation, she designed clothes for herself.  When she returned to Switzerland, she met so many people who admired her outfits and were asking where they could get similar designs that she began making them on a small scale until the number grew.

Based on wegg’s® experience working with hundreds of women business owners, that’s how many women grow global.  They start small, gather ideas, explore options, and then sell to the world.  Kati Kollhoff, CEO, NUMiX, presented a wegginar® related to this, “Small Startup, Big Global Impact” (listen free of charge).

In the case of Solange, she spent a whole year conducting business research and searching for customers. Then in November 2016, Sola and Wax Design Ltd. was born.

The company makes clothes and accessories for export in Europe, and is supplied on the Rwandan market on a small scale.

Knowing that running a business in different countries can be hectic, the plan is still to take Sola and Wax Design Ltd. global.  To expand its reach, Sola and Wax Design Ltd. will look outside their borders.

Read the entire article about how two Rwanda women entrepreneurs found their niche in exporting Made in Rwanda clothing.

Join us for Jacqueline Smith’s weggchat™ via Twitter February 6 at 11:00 a.m. Central time with the hashtag #weggchat. Jacqueline will focus on Starting Up and Taking a Personal Care Product Global.  Go here to learn how to join the discussion.

If you have any questions on how to participate, email Laurel Delaney, ldelaney(@)womenentrepreneursgrowglobal.org, who will be moderating the program. Meanwhile, follow us on Twitter @weggtoday and get ready to take it global on 2/6!

 

Housewives Turned Global Entrepreneurs

What drives women to become entrepreneurs and how do these motivations differ from those of men?  Some feel the greatest discrepancy lies in the work-family balance factor.

Snippet from article:

I’m beginning to wonder: maybe the glass ceiling that currently exists isn’t such a bad thing after all. It is allowing women to experiment and explore their own boundaries, which without this barrier may not have driven women to this economic frontier as fast as it has today. Women are destined to run large businesses and corporations and this will be the next step; women will soon be asked: “What is it that made you choose to grow your business into a global Fortune 500 company?” Instead of: “Why entrepreneurship?”. Women are currently at the centre of their household domains and are approaching the centre of their very own public corporate domain.

The future is definitely looking very bright for young female entrepreneurs …

Read the entire article here.

What’s your motivation for growing your business global?

Posted by:  Laurel Delaney

Vera Bradley Grows From Local Shop to Global Empire

PatriciaMiller+BarbaraBradleyBaekgaard

Two young entrepreneurs in 1987 set out to find quality driven luggage for women. When their search didn’t pan out, Barbara Bradley Baekgaard and Patricia Miller (pictured L-R) decided to make their own.

After stealing the show with neighborhood clothing displays, Baekgaard and Miller knew they needed to meet the growing demand and come up with a solid business plan. The two fashion forward women contacted SCORE in Ft. Wayne. They met with mentor George Cook who gave them the business advice they needed to grow their company into a fashion empire.

With help from SCORE, Vera Bradley Designs transformed from a neighborhood trend to a global brand. Even as a global, multimillion dollar company, the two owners say they never hesitate to contact SCORE for business advice.

Read more here.

Posted by: Laurel Delaney

Superwomen Entrepreneurs in India

indiawomen-entrepreneurswegg

TiE (The Indus Entrepreneurs), founded in Silicon Valley in 1992 by entrepreneurs and professionals with roots in the Indus region, announced the launch of India’s first women’s entrepreneurship platform called TiE Stree Shakti (TSS).

TSS is a forum for women entrepreneurs to create trust-based partnerships through active networks. Additionally, the forum founders recognize the immense contribution of women entrepreneurs to self, family and society.

A study (immediate download of PDF file here) conducted by Ernst & Young titled ‘Groundbreakers’, observes: “At a time when our global economy is facing its greatest challenge in decades, we have to capitalize on the contributions women can make. While many corporations and governments have for years been making efforts to tap the hidden potential of women — and many have launched laudable initiatives to do so — now is the time to accelerate those efforts. It’s time to place renewed emphasis on women as a resource to move businesses and economies ahead.

According to TiE:

  • 78% women from poorer families in India are keen to become entrepreneurs
  • A mere 15 per cent of women hold senior management positions in privately-held businesses in India; the global average is 24 per cent
  • Some of the key areas where women want to start a business include garment shops, catering and beauty salons

The theme of the new platform is celebratory — “Inspiring Women Entrepreneurs in India,” and dedicated to the advancement of entrepreneurship.

Read more here.

Posted by: Laurel Delaney

Free Program Enables GROWING Global

smetoolkitwomen

Yes, you read that right. In follow up to our last post, if you are stuck on how to grow global, get unstuck fast with this cool resource — the SME Toolkit — for yourself, your team, your business and your world.

IBM and IFC, the private sector arm of the World Bank, launched this small business toolkit specifically for small business owners in emerging markets as well as women, Black, Hispanic, Native American, and Asian entrepreneurs in the U.S., to receive highly developed business information, tools, and training services usually reserved for Fortune 1000 companies.

The SME Toolkit is a free program that enables entrepreneurs and small businesses to learn how to implement the sustainable business management practices needed for growth in areas such as finance, accounting, international business, marketing, human resources or legal.

Now go take on the world in a BIG way! No excuses, just do it.


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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