What is available to selected governments? Digitalization of small medium business economy, now, like a revolution in a shoe box with digital compression but with worldwide global accessibility, awaits smart leadership to deploy national mobilization of entrepreneurialism, nation-by nation upskilling and uplifting trade groups and front line economic development teams, but how?
Understanding the global-age mantra now about tectonic shifts of power; people-power dominates soft power, skill-wars crush trade-wars and competency strips naked old broken systems. Now new thinking on constant learning, constant disruption, constant advancements, constant dialogues, because “Work + Office + Health + Money + Politics + Trade + Exports + Economy” suddenly, combined creating new thinking on bringing impossible ideas, people and faraway lands closer. A new world of global micro-trade, micro manufacturing and micro-exports is opening. Today, micro-power emerging nations have the best combinations to optimize grassroots economies. Therefore, creating regional and national agendas on “National Mobilization of Entrepreneurialism” on digital platforms will quadruple productivity performance and profitability. Let us explore the methodologies.
Why new thinking needed? Keeping SME stay ‘always small’ not only a dangerous economic strategy, but extremely detrimental and deeply embedded in bureaucracies. SME are far more capable of expansion, with this global fact, as all big businesses of the world once started out as small businesses.
Common sense demands a common sense economy; therefore, the real economic development of the future now demands real value creation and not value manipulation models. In contrast, to abstract, undecipherable and unbalanced crypto economies where metaverse and crypto-currencies rain as progress. The national economic mandates should bring value creation closer to massive untapped national SME sectors and not just focus on a selected few mega business players.
What must stop immediately? Punishing SME with filing fees, taxes and paperwork is wrong; therefore, entrepreneurialism respected and not crushed. Any new start of the business should NOT become an immediate source of income as registration fees, legal and financial and tax compliances, unnecessary paperwork and attached costs all need total elimination. This requires serious SME ownership experiences to decipher and not just some academic research.
SME are not tax generation resources, but they are job creation magnet: Therefore, this call for a job creator mindset to understand. Today 10% extra SME added to the current national SME base in any nation is like adding 10% additional boost to their big businesses. This requires an entrepreneurial job creator mindset to fix economic thinking.
It is not the failure of Capitalism; it is failure of economic development; aseconomies of free world already teetering on the verge of collapse, it is the lack of direct and personal experiences of job creation and small business ownership amongst frontline economic development teams. Already visible on their LinkedIn profiles seriously damaging national economies. Hence, the lingering small medium business economies of the free world, still after a decade, un-digitized, and trade groups, chambers in absence of digital platforms on upskilling and reskilling as common cause.
Start with bold debates: Silence now already proof of lack of skills and level of competency. Create a culture where entrepreneurial warriors are given respect and a larger arena, start to bring job seekers and job creator mindsets closer, layout precise details on how to arrive at such results while any outside authoritative help to carve local, regional or national programs geared to frame national global opportunities must match big economic agenda. Deep studies are essential.
The difficult questions for national leadership on economic development: Are there already 2000 or 20000 small medium businesses within a nation already doing in annual turnover, between USD$1 million to USD$5 million and ready to quadruple their performance, productivity and profitability and display their goods and services on the global stage?
The Future of Chamber: Are local major trade groups, chambers and associations of the nation in agreement to uplift for exportability? Are national regions ready for such intense national mobilization of entrepreneurialism on digital platforms? Arethere harmonious efforts to uplift women entrepreneurs on the national stage? Are local trade agencies departments skilled enough to cope with such global-age transformational challenges and digitalization stages? How clear are the pathways, when such programs are often not new funding dependent but rather execution hungry and mobilization starved.
Cold facts & warm realities: Most nations are already flooded with massive innovations, but lacking massive commercialization. There are over certifications and degrees but seriously lacking business directions. There are empty incubators and exhausted accelerators like real estate projects. There are economical development programs but without mega punch
The global facts: The world can easily absorb unlimited exportable ideas in unlimited vertical markets. The well-designed innovative ideas are worthy of such quadrupled volumes. The entrepreneurial and dormant talents of a nation are capable of such tasks. The new global age skills, knowledge and execution are now the only missing links.
The steps required; How can a region deploy mobilization of entrepreneurialism on digital platforms of upskilling and innovative performance for exportability and impact local midsize business economy?Is there an organization, a government body or trade group ready for a high level, high-class senior level workshop for systematic discussions on various models and options?
Needed are the blueprints with authoritative comprehension on entrepreneurial mobilization, global trends on SME digitization, upskilling and reskilling for exportability,contents, ideas, solutions, strategies and game plan to make midsize SME growth a self financing and entrepreneurially driven sustainable long-term viable programs.
Digitalization of small medium business economy, now mandatory; Only the smartest and fittest can stay in the race. With some 35 major national elections unfolding this year and economic development the number one crisis, the video advances some new thinking.
Written on the wall: Needed are the entrepreneurial warriors and not the librarians, as any national drive on the mobilization of youthful-entrepreneurs to become job creators, with a growth mindset is a historic drive towards raw-entrepreneurialism and a revolution for grassroots prosperity. Study more on Google and explore how Expothon is tabling ideas.
Intellectualism of entrepreneurialism clearly points to our period as the most opportune time to start small enterprises. Smart nations are trying to understand such aspects and their economic development teams are trying to decipher unique deployments. Digitize, commercialize and monetize growth, open a new page. The time to change has already passed, the time to mobilize and revolutionize has arrived. The rest is easy