International Business What you need to succeed  ▪  Examples         International business consists of collaborations and transactions that are devised and carried out across national borders to satisfy the objectives and needs of participating companies, organizations, and individuals.       3 Ways to Develop a Global Mindset ① Practice global empathy until it becomes a habit ② Grow your world intelligence and international mindset ③ Keep making the world better       Coaching by Example     Here are some international business entities I am involved in as a founder, a co-founder, or an adviser ~ Vadim Kotelnikov   Innompic Ecosystem – the global capital of innopreneurship GAInS – global alliance of innovators for sustainability BRICS Innovation Ecosystem WEneurs Forum, India Change 90, Canada       Anthem of Creative Leaders of Harmonious Growth       Three primary types of international business are partnerships, trade, and investment. These  partnerships, collaborations and transactions take on various forms that include export-import trade, co-innovation, consultancy services, sub-contracting, business process outsourcing (BPO), mutual marketing, intermediation, and direct foreign investment. These forms are often interrelated.  Direct foreign investment is carried out in varied forms, including wholly owned subsidiaries, joint ventures, and equity acquisition.  Additional types of international business are strategic alliances, licensing, franchising, management contracts, and regular events, such as intellectual Innompic Games and trade fairs.   International Mindset International Issues to Consider World Intelligence Cultural Intelligence USA vs. China: competitive advantages U.S. vs. Japanese Firms: Strengths Russian Innovators Emerging Markets       Managing Cultural Differences       Too many international joint ventures fail. Too few CEOs of international joint ventures characterize their business as "very successful". Cultural differences is a common reason for joint venture difficulties. If you wish to bring your international business to a successful outcome, you must be culturally competent.   The 80/20 Rule of Selling: 20% of the sale happens when salesperson speaks; 80% of the sale happens when the prospect speaks. VadiK Inventor Author Founder     Risk Management       International business development (IBD) involves various risks. Entrepreneurial simulation game InnoBall (Innovation Brainball) will help you not just anticipate and reduce these risks, but also turn these risks to opportunities and achieve great results!... More       CSR and Harmony Innovation       Corporate social responsibility (CSR) is a form of international business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices. CSR inspires harmony innovators.   Harmonious Growth Harmonious Company Dance Up with Everything       Not every international business is virtuous The captured alive Ukrainian terrorists who blew up passenger trains in Russia honestly admitted that they were trained in Lithuania, Estonia and Norway (yes, Norway, the country that awards the Nobel Peace Prize). The training was conducted by instructors from Canada and Great Britain. The explosives used were Czech... More info         How to use this information       ① "Adapt what is useful, reject what is useless, and add what is specifically your own." ~ Bruce Lee ② Sleep on this information – your powerful superconscious mind will tell you how to use it when you wake up   Slides   Cultural Intelligence   Notes