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HOW TO OVERCOME THE TWO MARKET PLATEAU WHY YOU SHOULD SCALE YOUR GLOBAL BUSINESS For American Express Grow Global Conference in Chicago, June 25, 2015
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Page 1: Why You Should Scale Your Global Business

HOW TO OVERCOME THETWO MARKET PLATEAU

W H Y YO U SH O U LD SCA LE YO U R GLO BA L BU S INE SS

For American Express Grow GlobalConference in Chicago, June 25, 2015

Page 2: Why You Should Scale Your Global Business

Photo courtesy: Laurel Delaney

Home of the Hawks!

Page 3: Why You Should Scale Your Global Business

1. Why do business owners plateau after penetrating two markets?

2. How to avoid the two market plateau.

Page 4: Why You Should Scale Your Global Business

Only 1% of USA Companies ExportYet U.S. exports reached a record $2.3 trillion in 2013 and support a record 11.3 million U.S. jobs.

Page 5: Why You Should Scale Your Global Business

RE ASONS COMPAN I E SPL AT E AU

• Changes in the marketplace (strong $).

• Competitive heat.

• Stretched too thin.

• Organizational issues (you, for example, = leadership).

• Inability to scale.

Page 6: Why You Should Scale Your Global Business

RE ASONS COMPAN I E SPL AT E AU

• Mindset (limited).

• Avoidance.

• Uncertainty (market).

• Resist making a change (we’ve always done it this way mentality).

• Lack of funding.

• Regulatory issues.

Page 7: Why You Should Scale Your Global Business

H O W T O AVO I D T H ET W O M A R K E T P L AT E AU ?

Page 8: Why You Should Scale Your Global Business

LearnGrowImproveAdvance

Always prepare for the next stage of global growth.

Global Mindset +Global Readiness

Page 9: Why You Should Scale Your Global Business

Create a real sense of urgency — a distinctive attitude and gut-level feeling

that lead people to grab global opportunities,to make something important happen across borders

today, and move faster and smarter, NOW.

Page 10: Why You Should Scale Your Global Business

• Execution is key.• Strengthen your people, go-to-marketstrategy, logistics, payment and othervalue-add supply chain activities.• Get a companywide commitment.• Create a sense of urgency.• Be ambitious but also be ready.

Avoiding the Two-Market Plateau

Page 11: Why You Should Scale Your Global Business

• Move into markets where are you arecomfortable (no language orregulatory barriers, for example).

• Tap into countries where Free TradeAgreements are in place.

• Tackle no-brainers … intros matter.• Master mergers and acquisitions.

Avoiding the Two-Market Plateau

Page 12: Why You Should Scale Your Global Business

B E N E F I T S T O G R O W I N G A N D S C A L I N GF O R G LO B A L G R O W T H• Increase sales.

• Enhance your image.

• Generate economies of scale.

• Raise your profitability.

• Broaden your intellectual horizons.

• Explore previously untapped markets.

• Sell excess domestic capacity.

• Insulate seasonal domestic sales by finding new markets.

• Outmaneuver competitors.

• Improve your return on investment.

• CREATE JOBS!

• Enrich our country (President Obama supports NEI).

• Travel to places you have never been to before.

• The “cool” factor (“Hey, I’m global!”).

Page 13: Why You Should Scale Your Global Business

T H E LO C A L B US I NE S S M O DE L

YO U CA N BR E A K T H R O U GH T H E T W O MA R KE T P L AT E A U

Page 14: Why You Should Scale Your Global Business

T H E G LOBA L BU S I NE S S M ODE L

YO U CA N BR E A K T H R O U GH T H E T W O MA R KE T P L AT E A U

Page 15: Why You Should Scale Your Global Business

THE ABIL ITY TO SCALE

YOU CAN BREAK THROUGH THE TWO MARKET PLATEAU

Adapting processes for global expansion.

Page 16: Why You Should Scale Your Global Business

H OW T O B R E A K T H ROU G H T H E T W O M A R K E T P L AT E A U I F YOU H AV E A LR E A DY H I T T H E WA LL ( BORD E R) .

Page 17: Why You Should Scale Your Global Business

Get outof your own way.

Lead growth.

Page 18: Why You Should Scale Your Global Business

• Importing/exporting (direct/indirect/online/e-commerce) and this can be a product or a service.

• Product sourcing/contract manufacturing/outsourcing.

• Other: Franchising, joint-venture, partnership, wholly-owned subsidiary, merger, acquisition or branch office.

Ways to Lead Growth

Page 19: Why You Should Scale Your Global Business

D O YOU R EA LLY WA N T TO BE I N ON LY TW O M A R KETS ?

International Data Corporation (IDC) projected that the "Internet of Things," the

industry term for this web of connected products, will generate $1.7 trillion in

spending by 2020 -- an astonishing number considering it was almost non-existent

five years ago.

Page 20: Why You Should Scale Your Global Business

A R E YOU R EA DY TO BR EA K T HR OUG H THE P L AT EA U?

— The Key Question Is —

Page 21: Why You Should Scale Your Global Business

This session covers secrets to success from our panelists in both the private and public

sectors. If some export is good, is more better, for example. Let’s explore strategies

for overcoming the plateau that many companies face once they’ve exported to a

few markets.

Scaling Your Global Business from Successful Exporters

Page 22: Why You Should Scale Your Global Business

Laurel J. Delaney, [email protected], 773-381-1700, globetrade.com, globalsmallbusinessblog.com, womenentrepreneursgrowglobal.org, importexport.about.com and exportingguide.com.

Coming soon: GlobalSmallBusinessForum.com (10/23/15in Chicago)!

Thank you for your time.