Castles in the Sky

©2018 Laurel J. Delaney.  All rights reserved.

"Clouds do not really look like camels or sailing ships or castles in the sky. They are simply a natural process at work.  So too, perhaps, are our lives." -- Roger Ebert

Empowering African Business Operators With a Free Global Online Travel Platform App

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A recently launched free global online travel platform app, Seychelles Ahoy!, will empower small, local travel establishments across the African continent, offers a fresh approach, which demonstrates the power of new technology to drive positive business change for smaller, local business operators.

According to Dr Charl du Plessis of South African-based Chapel Lane Media, with the mobile market now dominating the digital universe, the demand for compact, informative and high-functioning travel Apps keeps growing exponentially.

He goes on to say, "that small, local travel establishments across the continent were highly reliant on foreign-based bookings portals to secure a steady flow of guests."

Read more about the new global travel app that will empower small, local travel enterprises across Africa.

High-Tech Middle Market Companies in Emerging Economies: This Could Be Your Moment

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Emerging economies face daunting challenges.  One in particular is creating a positive climate for growth, one in which companies large and small can find markets inside and outside the country.

Brazilian media and private equity leader Eduardo Sirotsky Melzer has a message for high-tech, middle-market companies (e.g., typically a $300 million to $500 million investment per deal) in emerging economies: This could be their moment.

Melzer says, "People are told to launch enterprises that are adjacent to something they already do. But that mind-set will never lead [them] to start a truly new business."

One question asked of him in the strategy+business interview:

Do you see companies starting in Latin America and then moving into more of a global or regional focus?

MELZER: One challenge for Brazilian companies is to develop global brands that can succeed in North America, Europe, and Asia. I think it’s partly a mind-set issue. These middle-market companies, in particular, have to have the willingness and energy to think globally.

Read more about Eduardo Sirotsky Melzer's interview with strategy+business:  Start Small and Think Globally.

Mastercard Track™: Streamline Management of Payments

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Mastercard's newest offering will enhance your cash flow visibility and reduce the need for payment status inquiries to customers. Mastercard Track™ aggregates payment timing and rich remittance details across your customers, all in one place.

©iStock/wellesenterprises

Will it be good for small businesses?  According to the Small Business Trend's report:

By removing the manual processes of identifying and validating suppliers as well as outdated payment systems, Mastercard Track looks to lower the billions of dollars in cost associated with global trade.

Learn more about how Mastercard and Microsoft are teaming up to help small businesses become exporters.

Hopefully their solution will simplify the process of doing business around the world.

Konstantina Andritsou Is Going Far in This World

Today in Global Small Business: Global Used Car E-Commerce Industry

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What's affecting me, my clients, my colleagues and other global small business owners:

• Mastercard rolled out a digital trade platform recently designed to make it easier for companies to do business around the world.
• The Global And Chinese Used Car E-Commerce Industry, 2018 Market Research Report is a professional and in-depth study on the current state of the global Used Car E-Commerce industry with a focus on the Chinese market.
• European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries like the United States.
• The Maine International Trade Center has been awarded $345,000 in competitive federal funding to help the state's small businesses become bigger exporters.
• EBay, the central platform for connecting buyers and sellers, has turned its attention to helping black entrepreneurs expand their businesses.
• Register for the next wegginar® on October 3rd:  Small Startup, Big Global Impact, with Kati Kollhoff, CEO, NUMIX: https://attendee.gotowebinar.com/register/8060785115734801921 -- no charge but you must register to attend.

Who Doesn't Remember Roadside Convenience at Stuckey's?

Here's an inside look at Stuckey's.

Photos:  Courtesy @2018 Laurel J. Delaney.  All rights reserved.

Market Domination: Amazon or Google?

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Google has disrupted an area which Amazon dominates with its alternative e-commerce platform, Google Shopping.

Is this good news?  According to Kyle C. Murphy, practitioner faculty of strategy at Pepperdine Graziadio Business School, who knows e-commerce inside out, it is. 

Below he offers insights as to how smaller companies can profit.

Learn more about how Google and Amazon's competition is a win for smaller e-commerce companies.

STEP Awards 2018: Funding Export Opportunities

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SBA Administrator Linda McMahon says, "The STEP awards are an important resource that provide small businesses with the confidence and funding they need to thrive in this competitive international market." She goes on to say.

"The SBA is committed to ensuring equal access for small businesses to international markets and expanding export opportunities, and ensuring small businesses have the resources they need to drive their businesses and local communities forward."

The 2018 STEP awards will allow states to assist small businesses with the information and tools they need to succeed in export-related activities that are in line with the objectives of the program.

Check out which states got what dollar amount in STEP funding here.

5 Key Traits to Mastering the Skill of Execution

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According to Kim Perell, successful entrepreneur and author of The Execution Factor, there are five key traits that are required to master the skill of execution and become a successful entrepreneur: vision, passion, action, resilience and relationships.

Perell suggests using these traits as a blueprint for understanding who you are and where you are going.

Execution is the critical skill that drives success -- locally or globally.

Read more to discover how to translate important strategic and operational decisions into action.

Squash Etsy? Amazon Makes Its Move

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Amazon is making a big play to squash Etsy — and using artisans and gadget makers as the face of a $1 trillion company.

We'll let you be the judge.

Amazon launched a new section of its site called Amazon Storefronts on Monday morning, a space that looks remarkably like the handmade e-commerce giant Etsy and offers customers access to “over 1 million products” from 20,000 “small and medium-sized” US businesses.

Read more about Amazon, the friendly corporate giant, one which encourages entrepreneurship and the revitalization of small businesses, will start serving small businesses, defined as basically anything less than a publicly-traded global brand.

Today in Global Small Business: A Few Good Russian Cartoons Are Going Global

©iStock/Ekaterina Bedoeva 

What's affecting me, my clients, my colleagues and other global small business owners:

• A learning fair can encourage going global.
• International e-commerce is booming these days and so too are the opportunities—and challenges—for payments players.
• A few Russian cartoons are going global thanks to being picked up by Netflix.
• Managing international trademark portfolios in the era of globalization.
• Alibaba's Jack Ma's true mission is not retail, but globalization.
• Register for the next wegginar® on October 3rd:  Small Startup, Big Global Impact, with Kati Kollhoff, CEO, NUMIX: https://attendee.gotowebinar.com/register/8060785115734801921 -- no charge but you must register to attend.

Never-Ending Aspiration

©2018 Laurel J. Delaney.  All right reserved.

"Dance is about never-ending aspiration." -- Judith Jamison

Are You Ready to Go International?

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You may never feel entirely ready to go international, but there are some important benchmarks you should reach before you start considering interest from overseas.  Here are six.

1. Have a profitable business model in your home country, with systems and procedures that have been proven across multiple locations.
2. Have adequate experience and maturity to interact meaningfully with foreign partners. 
3. Be the primary point of contact for your international partners, both during agreement negotiations and after the deal is signed.
4. Add someone to your team to focus specifically on identifying target markets and searching for partners
5. Have patience.
6. Be prepared to invest significant time and money before your international efforts pay off.

Read the entire article to be sure you are ready for international expansion.

A Little Rain and Jazz Music for Wherever You Are Located in This World

Here's what people say about this 10-hour music video:

"My eight year old LOVES this. :)  I have it on for her when she comes home from school, and it puts her in a good state of mind. Thank you."

"Love this one.  Just gorgeous.  This is the perfect music for a cold winter night with a glass of Cabernet. Actually it's the perfect music anytime."

"Love this!!! Listening to this beautiful music while drinking my warm cup of green tea with lemon and honey, pretending it is raining in Saudi Arabia. Haha."

"I go to sleep faster and relaxes me."

"Despite the fact that Sao Paulo is in rainy weather, this jazz + rain session is perfect. It reminds me of 50's movies and I'm already sick of bossa nova. However before I stay depressed with jazz, the Instrumental Salsa is a good addition."

Korean Dumplings Go Global

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With automation and a big business bet, Korean dumplings are poised to go global.  Technology has made the quality, the look and the size of each bite-size dumpling consistent and has significantly improved productivity.  Hence, the whole world will soon enjoy dumplings.

South Korea's largest food company is making a multimillion-dollar bet on "mandu," developing its own machines to automate the normally labor-intensive production of the Korean dumpling and building factories around the world.

Good-bye pot stickers and hello Korean dumplings!

Global Tennis: Always Get Fighters On Your Team

Today in Global Small Business: The Business Case for Curiosity

©2018 Laurel J. Delaney.  All rights reserved.

What's affecting me, my clients, my colleagues and other global small business owners:

• It may feel like the dust has settled on sexual harassment, but for HR professionals dealing with complaints and recalibrating workplace culture, there remain as many questions as answers.  #whatnext?
• International e-commerce is booming these days and so too are the opportunities—and challenges—for payments players.
• The business case for curiosity ($8.95).  Or, free.
• How to scale a business globally.
• A freight management company details the steps it took to build out its own transport management system and how data-driven reporting fuelled customer growth.
• Only 2 days away to register for wegg's™ upcoming workshop with presenter Julie Smolyansky, President and CEO, Lifeway Foods, who will talk about "Follow Your Gut" September 12th event in Chicago. To learn more and to register, visit: https://www.eventbrite.com/e/weggtm-workshop-follow-your-gut-presented-by-julie-smolyansky-tickets-48655708534.

Life is a Voyage

©2018 Laurel J. Delaney.  All rights reserved.

"Everyone who achieves success in a great venture, solves each problem as they came to it. They helped themselves. And they were helped through powers known and unknown to them at the time they set out on their voyage. They keep going regardless of the obstacles they met." -- W. Clement Stone

Optimism and Success Abound Among U.S. Exporters

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Despite uncertainty around trade agreements and U.S. trade policies, many exporters are still optimistic about export opportunities and investing in their international operations.

The 2018 American Express Grow Global Survey highlights that U.S. exporters remain optimistic on revenue growth through international business.  Further, companies also often experience positive impacts on their domestic operation as a result of exporting.

Read more about how US exporters expect international sales will continue to grow.

The Mark of Zara on the Global E-commerce Front

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Zara has big plans to go global with e-commerce.

The retailer has increased its focus on web operations and investments in technology, ranging from applications to track stock to virtual reality in dressing rooms.

[Zara] plans to make clothes from its Zara label and other brands available online anywhere in the world within two years, aiming to become one of the first truly global clothiers as Amazon.com Inc. (No. 1) encroaches into fashion.

Read more how Zara will soon make their clothes available to anyone, everywhere in the world.

In Nepal, Equality Begins With Economic Empowerment

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The Women Entrepreneurs Summit 2018 kickstarted in Kathmandu on September 03, 2018.  The summit, with the theme "Equality Begins With Economic Empowerment," aims to bring onto a single platform, many influential women business leaders, international service providers, professionals and organizations, government representatives and other stakeholders to discuss on innovative economic transformation through collaboration.

According to South Asian Women Development Forum (SAWDF) President Pramila Acharya Rijal, the event will most likely see delegates from nearly 27 countries. She [Pramila] expressed hope that the event will act as a platform for various collaborations with international and national organizations.

To learn more, visit the International Women Entrepreneurs Summit 2018 in Nepal.

Boon Supply: Using Ecommerce as a Force for Good

©iStock/Murat Gocmen

Vertically integrated product company Boon Supply is bringing yet another change to the ecommerce business model:  The company automatically gives 50 percent of every purchase value to over 500 causes and partners with schools to contribute $12.5 million annually to education programs.

Mompreneur and CEO Lily Kanter knows a thing or two about starting businesses.  She  co-founded home decor company Serene & Lily after opening a baby furnishings store in California.

“Entrepreneurs are creative thinkers about a new idea. And I [Lily Kanter] think what it takes to be successful is, first of all, you've got to be really tough physically and emotionally because you get a lot of rejection,” she says. “You can't be defeated. You just have to keep plowing through.”

Learn more about Boon Supply.

Today in Global Small Business: Happy Labor Day and RIP Senator John McCain

©2018 Laurel J. Delaney.  All rights reserved.

What's affecting me, my clients, my colleagues and other global small business owners:

• The Global Small Drones Market report [ain't cheap] is a significant structure of the major categorization of the Small Drones market. 
• Program helps area [Ohio, USA] businesses go global.
• With 80% of global trade flowing through multinational corporations, according to the United Nations Conference on Trade and Development (UNCTAD), and the International Labour Organization (ILO) reporting that one in five jobs is linked to global supply chains, this presents an opportunity for scale and reach in driving positive change.  This is good for Sustainable Development Goal 6 (SDG6).
• Numerous investing experts see global growth opportunities for those willing to look beyond near-term uncertainty.
• A recent FedEx-commissioned study, "Global Is the New Global' on trends being adopted by SMEs in Asia Pacific (Apac) has revealed a high adoption of new technologies among local SMEs.
• Register for wegg's™ upcoming workshop with presenter Julie Smolyansky, President and CEO, Lifeway Foods, who will talk about "Follow Your Gut" September 12th event in Chicago. To learn more and to register, visit: https://www.eventbrite.com/e/weggtm-workshop-follow-your-gut-presented-by-julie-smolyansky-tickets-48655708534
• We salute and thank not only Senator John McCain today for his bravery in serving our country over his lifetime, but we also salute and thank all American workers on this Labor Day for helping our country (USA) prosper.  RIP Senator McCain.

Be Proud to Call Yourself a Blackhawks Fan

©2018 Laurel J. Delaney.  All rights reserved.

"Every loss, every win.  Every season, every game.  All the ups, all the downs.  All the goals, all the saves.  Be proud to call yourself a fan." -- Unknown