International International EntrepreneurshipEntrepreneurship

Prepared by

Surbhi Sharma

MBA 3rd Sem,

RCEW

Is Any Entrepreneurship Truly Local

• Who are your customers?

• Who are your competitors?

• Who are your suppliers?

• Who are your partners?

Local or International

• International communications• Low cost• High fidelity

• Text• Audio• Video

• Timely• Instantaneous

What are your capabilities

• Can you keep your support services internal?

• Are you a service provider or a manufacturer?

• What technology do you need?

• What are you shipping and how?

An example

• VIO• Marquette MI• Produces highly mobile video equipment

• Started in the extreme bike / sport arena• They have morphed into military applications

• A small one man startup• Now a multi-million dollar operation

Where are their partners?

• Engineering in San Francisco

• Manufacturing in Taiwan

• Software in India

• Marketing in Russia

• Legal work in Michigan

Where are their customers?

• Extreme sports enthusiasts throughout the U. S.

• Extreme sports enthusiasts in Europe

• U. S. military• How did it go from sports to military?

What does this mean to you?

• Brazilian Aviation Industry

• Forest Products

• Bio-fuel technology

• Manufacturing

• Agriculture

Brazil’s 2003-2007 Multi-Year Plan

• Called for the promotion of Entrepreneurship by• Providing incentives for the enhancement of

small and medium enterprises• Targets

• Doubling the volume of exports for small and medium enterprises by 2007

• Increasing the amount of credit to small businesses from R$10 billion to almost R$18 billion

Program Enterprising Brazil

• Launched in 1999

• Has trained more than 2.8 million current or potential entrepreneurs

• Expects to generate up to 3 million new jobs

Country Import 2005 To Brazil

Country Import 2009 To Brazil

U.S. 17.2% U.S. 15.7%

Argentina 8.5% China 12.5%

Germany 8.4% Argentina 8.8%

China 7.3% Germany 7.7%

Japan 4.6% Japan 4.2%

Country Export 2005 From Brazil

Country Export 2009 From Brazil

U.S. 18.9% China 10.2%

Argentina 8.4% U.S. 10.2%

China 5.7% Argentina 8.4%

Netherlands 4.5% Netherlands 5.3%

Germany 4.2% Germany 4.0%

Trade Partners

International Entrepreneurship.com

• Sites Total Entrepreneurship Activity (TEA) as a % of GDP for 2001 – 2008 as 12.8% compared to the world average of 10.6%

• Women in 2004 made up 46% of this number up from just 29% four years prior

• In 2010 it is now 53% women entrepreneurs

• Brazil is moving forward with almost 1 in 8 people classified as an entrepreneur

What about regulations?• Complicated bureaucratic barriers and some of the

most punishing tax rules in the world make life difficult for would-be entrepreneurs. According to the International Finance Corporation, start-ups in Brazil need to fill in 18 separate forms, in procedures that typically take 152 days. By contrast, in the US, a start-up involves only six procedures and takes six days

• http://www.ftd.de/karriere_management/business_english/:Business%20English%20Brazilian%20US/293702.html

So what is the Entrepreneurial Outlook for Brazil?

• With a population nearing 200 million

• An expanding trade surplus

• Growing markets in China

Outlook cont.• Top goods to name a few

• Sugar• Soy beans

• Aircraft• Vehicles• Iron ore

• Steel• Textiles• Footwear

Outlook cont.

• The outlook is good• Ample farmland can be developed• The opportunity to grow infrastructure is strong• There are many opportunities for enterprising

Brazilians to enter the marketplace as entrepreneurs

• Today’s communication capabilities make the world the stage for business development

THANK YOU