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Global Markets

Innovation Elements Chart

The Entrepreneurs

The Author’s commitment to Entrepreneurship

 As a kid in Athens, Georgia I was an entrepreneur at the early age of twelve. My friends and I spent time discussing innovative ideas geared towards commerce. I had an aptitude with numbers which helped me in evaluating business opportunities at a young age.

 I’ve always had a strong desire to be independent of others which fosters individuality to be self-sustained and prosperous on my own merits. As I grew older, that desire permeated into the creation of the Sacramento Black Chamber of Commerce.  In 1984, as its first President, I worked with the founding members to foster business in the black community. I was an advisor to California Participant’s Group for the White House Small Business Conference to promote small business. As a senior consultant with The Prudential I worked with the Congressional Ways and Means Committee regarding healthcare issues.

 My experience began in banking, providing financing through Prudential Bank and Trust, a subsidiary of The Prudential. I received an award for top producer nationwide. I have worked closely with Private Equity groups, Pension Fund companies and Private Capital firms to provide funding to corporations, large companies and entrepreneurs.

 For the past 16 years I have been running my own firm providing business advice to CEO’s and working with cities, corporations and municipalities as Business Consultant. Through ownership of Daniel, Russell & Charles Company (DRC) I’ve gained immense amount of experience on business planning and strategizing towards solutions. Due to these experiences I believe this book fits the needs of the new entrepreneurs of the 21st Century.  

Opportunity in the Global Market

We believe there is a need to increase worker creativity in the marketplace. The global market in developed areas such as Eastern Europe, Indonesia, and North America has slowed and the economies have been stagnant over the last couple years.

 Meanwhile, some underdeveloped countries have substantial wealth but cannot redistribute their money fast enough because of political instability. One solution to these problems is to have small and medium-sized companies travel to underdeveloped countries to help these countries build their infrastructure and to assist local businesses with creative products and services. To respond to this need, we need a Global Emerging Market Manager (GEMM) locally in every new market developed. GEMMs will provide the expertise and intelligent support required to facilitate increased trade between countries and develop these new markets.

 A GEMM is an individual who lives in the local community where he or she is developing the emerging market, understands the culture and speaks the language there. The best GEMM would be a native of that culture, who has a partner in the United States with the capital needed to develop the product in the emerging market.

In order to stay ahead of the rest of the world, our universities and technology companies including, Oracle, Google and others have spent a considerable amount of time and money doing research and development. New products are being developed every day.

 The US has been the forerunner of technological advances in our new world. Because of our innovations and expertise, we attract individuals from all over the world to work for our technology companies and pursue upper lever degrees at our universities.

These GEMMs and their partners can help both the US and developing countries build the economy by creating jobs and generating wealth.

 

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