International Business Coaching

aesta1 by aesta1
Last updated: 01/10/2012

If You Can't Travel to Risk, You Sure Can't Get to Success

International Business Coaching? Any crazies out there, looking for risk? Risk avoidance is an international mantra that seems to be part of our genetic structure. However, most of the time, risk and success are the same distance and if you can't travel to risk, you sure can't get to success.

Most of us have at least one memory of when we jumped a bit ahead of the crowd, eased out of our comfort zone and, with terminal dry mouth, took a bit of a punt. The risk was not physical. It was just that we might fail or look silly or be noticed! Wow....big risk.

Risks present themselves each day if not each moment. A little push each time is just what we all need. The results can be surprising. So, thinking of bringing your business global? Take some risks now. Little steps out there will help.

Look at the globe right now. Pick your region. Pick your country. And start working.

Think Success

Avoid icebergs!

Are you one of those who, most of the time, think of the things that can go awry? While this is important as you anticipate what you have to do to avoid icebergs, sometimes you just freeze. Assessing downside becomes an obsession and you do sweet diddley. Safe, but, is that all there is? For you to succeed in international business coaching, get out of this mind set.

Work first on yourself

Value your self

Sometimes, the obstacle is US. Work on yourself so that when you go global, you have only one alternative: SUCCESS.
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Learn from Others who are in international business

Remember, many had been there before you

Choose where you want to bring your business and start digging. Get everything you can on that country. Contact your network for people who might be able to help. Maybe you know people who have families there. Or someone in your office is from there. Talk to these people. Know how people there do business. Ask people you know who have had business dealings there. Read news on your target country. Program your Google to give you alerts on the country especially the particular sector you want to do business in.

Know their experiences in handling situations you might face which present high risks for you. Learn from their experience. If you can get hold of them, discuss these with them and ask how they would handle these when put in the same situation.

Discuss the risks with your colleagues. Sometimes, the risks may be too much for you when you lack the experience. However, as you discuss these areas you are not comfortable with, some colleagues may have been there before already and may be able to share with you strategies they have used to make a success of the areas that for you are seriously new concerns.

Go and visit the place you plan to do business in. Learn from the locals. Talk to them when they stare at you. A nice smile will do it. No one else would be better teachers of how to do business in a country than the locals themselves. They are not there for your entertainment. Learn from them. Listen to their insights into their own society. Ask questions.

These books may help you take those risks

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Bring your team in

Involve your team in the process

Analyze the situation and identify the resources that will be needed to bring your business global. Beyond resources, your team will need to feel that there will be no "it's all your fault" only the repeated challenges to keep trying.

Make sure that each one in your team understands the role they have to play and the outputs and outcomes they are responsible for. As well, establish the relationships of these accountabilities to the whole undertaking so each one understands how they are to support the others. A delay in one output may create bigger risks or failure.

Keep your eyes open for local talent and resources. Identify these and connect with them. Find out what is not available. Build your own database. Start your network.

These might help in building your international team

Learn more

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Establish Goals

You Can Take the World

Lots of times, people don't take risk because they are afraid. But when they put their will into accomplishing something, chances are they will be able to do it.

So, write down clearly the goals you want to accomplish by going global in your business. Then, the steps that will bring you to those goals and take the steps needed. Take tiny but sure steps. Don't give up.

As you keep taking risks and pushing your self, you build up your inner resources to take on challenges. You will find that you become more adept at meeting people from other cultures, establishing partnerships, certifying suppliers and sourcing products in other countries.

Success awards you greater confidence. You can take on the world.

The Global Game

Learn how to Win

Which of these books did you find most helpful?

Kiss, Bow, or Shake Hands (The Bestselling Guide to Doing Business in More than 60 Countries) by Terri Morrison, Wayne A. Conaway

Kiss, Bow, or Shake Hands (The Bestselling Guide to Doing Business in More than 60 Countries) by Terri Morrison, Wayne A. Conaway

More than a decade after establishing itself as the more...0 points

Kiss, Bow, or Shake Hands : How To do Business In Sixty Countries by Wayne A. Conaway, And George A. Borden, Ph.D with a foreward by Hans Koehler, Director, Wharton Export Network Terri Morrison

Kiss, Bow, or Shake Hands : How To do Business In Sixty Countries by Wayne A. Conaway, And George A. Borden, Ph.D with a foreward by Hans Koehler, Director, Wharton Export Network Terri Morrison

Cultural Overviews, Behavior Styles, Negotiating T more...0 points

Development-Edge

International Development is Big Business

You may not believe it but development work is big business. There are some lucrative contracts in doing development work. Well, most international work includes development work...developing skills, competencies, systems or what have you. Here are some samples.
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Travel Gadgets

Some Things You Just Have to Bring with You

Going global has its own set of challenges. These you cannot take for granted. Just because you are a big success at home, it does not follow that you will be in other countries. You need to do your home work and plan your strategy. You need your tools and your travel gadgets. Most o fth etime you have to work immediately so you don't have the time to search around places you have not been. Bring some of these with you.

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Maybe, you can start with Asia

Business Opportunities in Asia

Some countries in Asia are easier to work with. Start with those.

Often, when we plan to take our business to Asia, we just think of companies or governments. But the Asian Development Bank does much of the development planning in many of these countries that it offers a variety of opportunities for businesses wanting to expand operations in Asia. Their site will offer you not only news on recent developments in Asian countries but also their development status and plans for the future...good leads for positioning your business in the region. You will also have a glimpse of the major players in business in the region by looking at who are winning projects and bids there. You can start positioning yourself to win some of these bids.

Asian Development Bank
Business Opportunities in most developing countries in Asia from health, education, business, construction, infrastructure, governance and private sector development.

Some help in doing business in Asia

Books on doing business in Asia

Read some books before you decide on going to Asia. The culture might not fit your own personality.
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News from Around the World

Business News

Be current...be on the news...be informed of what is happening in the world is key to any international business. Global forces impact your business no matter how local you are.
Philips speaks at Global Sustainability Business Summit
The FINANCIAL -- Philips will play a key role this week in a global business summit in New York on 14?16 February, 2012, entitled: ?Business Perspective on Sustainable Growth: Preparing for Rio+20?. According to Philips Electronics , the summit brings ...
Clinton to host Global Business Conference
WASHINGTON, Feb 17 (KUNA) -- US Secretary of State Hillary Clinton will host the first State Department Global Business Conference next week, which will focus on the work the US government does to promote American prosperity, Department Spokeswoman ...
European Debt Crisis Could Cripple U.S. Business Travel
The economic climate abroad has potentially severe ramifications to US business travel as owners lose interest in European business opportunities. According to a new report by the Global Business Travel Association Foundation (GBTA), if the European ...

Cities to Do Business In

Pick Your Choice

Which of these cities do you find easier to do business in.

Singapore

1 point

Shanghai

1 point

New York

0 points

Chicago

0 points

Sydney

0 points

London

0 points

Paris

0 points

Madrid

0 points

Beijing

0 points

10

Hong Kong

0 points

11

Bangkok

0 points

12

Bombay

0 points

13

New Delhi

0 points

Doing Transactions with International Partners

Do's and Don'ts

Hey, some of you hard beaten road warriors in business. Share some of the things that worked well for you in your global transactions.

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aesta1

Hi there. I see a bit of goodness in everything. I see world events in the context of the great things that happen, not the niggly faults that hound us... more »

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