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NAWBO-LA Online Newsletter
June 2007 Issue
NAWBO-LA Members Help Women Business Owners “Go
Global”
Patty DeDominic, Bobbi McKenna and Neeti Dewan share their expertise at
NAWBO’s annual national Women’s Business Conference
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NAWBO-LA President-Emeritus Patty DeDominic
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Participants in the national NAWBO 2007 Women’s Business Conference,
held May 31-June 2 in Atlanta, learned valuable tips on how to use globalization
to their benefit from three experts, including NAWBO-LA President-Emeritus Patty
DeDominic, who also is the founder, chairman and CEO of PDQ Careers Group.
DeDominic, who during her career has led women business owner delegations to
the United Kingdom, Holland and China, and also has done business in Japan and
the Philippines, spoke about the opportunities that await all business owners
in the international marketplace.
She was joined by two distinguished co-presenters: NAWBO-LA members Bobbi McKenna
and Neeti Dewan, who also shared their extensive experiences for the panel session
titled “Go Global: Sell to International Markets Without Leaving Home.”
McKenna, president of Million Dollar Success, LLC and a renowned author, reaches
readers all over the world with the Internet magazine www.GivingYouAVoice.com,
which offers global outreach to elite women business owners. And Dewan, president
of Global Advantage Performance, LLC and a former member of NAWBO-LA’s
Board of Directors, currently is promoting her book From Executive to Yogi
in 60 Seconds in India and other nations. She addressed how to do business
in India.
“We can LEARN from business opportunities presented to us by other business
owners here and abroad,” DeDominic said. “In some places they are
far more advanced in international trade and technology than we are: Hong Kong
and Singapore, for example; some other countries are vying for our manufacturing
contracts (China, India) and can do it better and cheaper than some of our old
traditional sources.”
She added, “Which is most important? It’s an age-old business question.
Price? Speed? Quality? Relationship? Something else this time? Today, it seems
each business opportunity is unique.”
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NAWBO-LA members Bobbi McKenna (left) and Neeti Dewan
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Tips to Go Global
DeDominic, McKenna and Dewan provided the following tips to women business
owners to get started in the international market and improve their bottom line:
- Do your homework. The global marketplace is big, ever changing,
and can be a rough and tumble place. Talk to people who are doing work in
the area you are considering.
- Utilize U.S. Department of State and U.S. Department of Commerce
free and paid resources. The websites are www.state.gov
and www.commerce.gov.
- Mix fun and work to extend your travel experiences and contacts.
- Use care in planning exchange rate values. Fortunes can
be made or lost with the click of a mouse, depending on which country and
which day you trade monies.
International Markets Part of New Framework for Women’s
Entrepreneurship
National NAWBO will play a major leadership
role in helping advance women’s entrepreneurship through the development
of a Strategic Framework for Women’s Enterprise in the United States,
designed to bridge gaps in women’s enterprise infrastructure and
address challenges to growth of women’s entrepreneurship.
Quantum Leaps, Inc., a U.S.-based global accelerator for women’s
entrepreneurship, will lead the strategic framework process. The National
Women’s Business Council, which provides national policy recommendations
on economic issues of importance to women business owners, will provide
major strategic input to the process, which also will engage leaders from
NAWBO and other leading women’s business organizations.
The initiative will focus on seven areas, including access to business
networks, and to corporate, government and international markets, including
global supply chains. Some of the other focal areas are entrepreneurial
education and training, access to debt and equity capital, and technology
as an entrepreneurial enabler.
For more information, visit http://quantumleapsinc.org.
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