Development Mongolian Businesses in the USA Jagdagdorj Erkhembayar Mongolian American Chamber of Commerce http://www.monamerchamber.org Denver, CO October 16, 2009

TOPICS Development of Mongolian-owned businesses in the USA the research study “Content analysis of business advertisements” by Borchuluun Yadamsuren, Jagdagdorj Erkhembayar, & Oyungerel Avirmed and continuing MACC researches. Differences in American and Mongolian Business Culture on-going research study. How we can collaborate? What we all do? What advantages we have? What MACC could offer for you? MACC messages …

TOPICS

Development of Mongolian-owned businesses in the USA the research study “Content analysis of business advertisements” by Borchuluun Yadamsuren, Jagdagdorj Erkhembayar, & Oyungerel Avirmed and continuing MACC researches.

Differences in American and Mongolian Business Culture on-going research study.

How we can collaborate? What we all do? What advantages we have? What MACC could offer for you? MACC messages …

GOAL OF THE STUDY : To look at the development of Mongolian-owned businesses in the USA; To see the general trends in their businesses; RESEARCH QUESTIONS : What types of businesses are being developed in Mongolian community living in USA? What is the nature of their businesses? How are their businesses are tied back to Mongolia?

GOAL OF THE STUDY :

To look at the development of Mongolian-owned businesses in the USA;

To see the general trends in their businesses;

RESEARCH QUESTIONS :

What types of businesses are being developed in Mongolian community living in USA?

What is the nature of their businesses?

How are their businesses are tied back to Mongolia?

RESEARCH METHOD : Content analysis of advertisements and classifieds in Mongolian newspapers published in USA and websites for Mongolian community; Newspaper is a reflection of history; Not many records of previous research on the topic. NEWSPAPERS & WEBSITES : American Mongols newspaper – 24 issues covering two years: 2002 - 2003; Dayar Mongol newspaper – 126 issues covering years: 2004 - 2007 Dayar Mongol news website: www.dayarmongol.com Orloo website: www.orloo.com; Hamag Mongol website: www.hamagmongol.net Mongol Medee website: www.mongolmedee.net Zamdaan magazine: www.zamdaan.com

RESEARCH METHOD :

Content analysis of advertisements and classifieds in Mongolian newspapers published in USA and websites for Mongolian community;

Newspaper is a reflection of history;

Not many records of previous research on the topic.

NEWSPAPERS & WEBSITES :

American Mongols newspaper – 24 issues covering two years: 2002 - 2003;

Dayar Mongol newspaper – 126 issues covering years: 2004 - 2007

Dayar Mongol news website: www.dayarmongol.com

Orloo website: www.orloo.com;

Hamag Mongol website: www.hamagmongol.net

Mongol Medee website: www.mongolmedee.net

Zamdaan magazine: www.zamdaan.com

DATA COLLECTION : Data were collected from about 200 business related ads and classifieds from two newspapers; News content was analyzed in few cases; Data collection: December, 2007-March 2008; BUSINESS TRENDS : Connection with home country; Helping Mongolians to settle in USA Serving US market (beyond Mongolian community)

DATA COLLECTION :

Data were collected from about 200 business related ads and classifieds from two newspapers;

News content was analyzed in few cases;

Data collection: December, 2007-March 2008;

BUSINESS TRENDS :

Connection with home country;

Helping Mongolians to settle in USA

Serving US market (beyond Mongolian community)

CONNECTION WITH HOME COUNTRY : Video and audio services (conversion of the systems, rental, sale) Communication (phone card) Selling goods made in Mongolia Organization of various cultural and sport events for Mongolians Freight forwarding (cargo and containers) Money transfer Gift delivery in Mongolia (flowers, gifts);

CONNECTION WITH HOME COUNTRY :

Video and audio services (conversion of the systems, rental, sale)

Communication (phone card)

Selling goods made in Mongolia

Organization of various cultural and sport events for Mongolians

Freight forwarding (cargo and containers)

Money transfer

Gift delivery in Mongolia (flowers, gifts);

HELPING TO SETTLE IN THE USA : retail car repair insurance real estate (home sale, mortgage) cleaning services food service (party, food) Media services (newspaper, magazine, websites) information services (translation, notary services) tax preparation

HELPING TO SETTLE IN THE USA :

retail

car repair

insurance

real estate (home sale, mortgage)

cleaning services

food service (party, food)

Media services (newspaper, magazine, websites)

information services (translation, notary services)

tax preparation

SERVING TO AMERICAN MARKETS : Car repair Insurance Real estate (home sale, mortgage) Cleaning services Tax preparation Legal / consulting services Home repair / re-modeling Granite / Marble Improvement Logistics / truck owner operator services Dentist Chiropractic

SERVING TO AMERICAN MARKETS :

Car repair

Insurance

Real estate (home sale, mortgage)

Cleaning services

Tax preparation

Legal / consulting services

Home repair / re-modeling

Granite / Marble Improvement

Logistics / truck owner operator services

Dentist

Chiropractic

ON-GOING RESEARCH Using qualitative approach interviewing business owners. More comprehensive study on the Mongolian-owned business development in USA; Seeking for funding for research;

ON-GOING RESEARCH

Using qualitative approach interviewing business owners.

More comprehensive study on the Mongolian-owned business development in USA;

Seeking for funding for research;

CULTURE AND WORKPLACE DIFFERENCES Power Distance. Individualism versus Collectivism. Uncertainty Avoidance. Masculinity versus Femininity.

CULTURE AND WORKPLACE DIFFERENCES

Power Distance.

Individualism versus Collectivism.

Uncertainty Avoidance.

Masculinity versus Femininity.

IMPLICATIONS OF THE STUDY The study will have both academic and practical implications; It will be a good addition for the USDOC export document; It will help businesses from Mongolian to access U.S. market. Contribution to Mongolian studies and research in minority-owned business development; Help Mongolian communities to get better information about businesses; Information sharing, knowledge sharing, and collaboration within the community; Connection with other communities and expand their services

IMPLICATIONS OF THE STUDY

The study will have both academic and practical implications;

It will be a good addition for the USDOC export document;

It will help businesses from Mongolian to access U.S. market.

Contribution to Mongolian studies and research in minority-owned business development;

Help Mongolian communities to get better information about businesses;

Information sharing, knowledge sharing, and collaboration within the community;

Connection with other communities and expand their services

WHAT WE ALL DO? Creating a strong local economy. Promoting the community. Providing networking opportunities. Representing the interests of business with government.

WHAT WE ALL DO?

Creating a strong local economy.

Promoting the community.

Providing networking opportunities.

Representing the interests of business with government.

SMALL BUSINESS OWNERS Making mistakes will cost you much more than our professionals do. Manage and develop your business with a team of experts.

SMALL BUSINESS OWNERS

Making mistakes will cost you much more than our professionals do. Manage and develop your business with a team of experts.

MONGOLIAN EXPORTERS, IMPORTERS, & INVESTORS How much does it cost to do it wrong? Properly expand your business with a team of experts.

MONGOLIAN EXPORTERS, IMPORTERS, & INVESTORS

How much does it cost to do it wrong? Properly expand your business with a team of experts.

U.S. EXPORTERS & INVESTORS Understand opportunities for the Mongolian market with a team of experts with high business culture knowledge.

U.S. EXPORTERS & INVESTORS

Understand opportunities for the Mongolian market with a team of experts with high business culture knowledge.

MEMBERSHIPS Corporate Members - $600, Associate Members - $300, Not for Profit Organization Members - $150, Professional Members (doctors, lawyers, insurance or real estate agents, etc.) - $100, Individual Members - $60, Student Members - $40, Out-of-country (not Mongolian) Entities - $300 Yearly membership fee in USD.

MEMBERSHIPS

Corporate Members - $600,

Associate Members - $300,

Not for Profit Organization Members - $150,

Professional Members (doctors, lawyers, insurance or real estate agents, etc.) - $100,

Individual Members - $60,

Student Members - $40,

Out-of-country (not Mongolian) Entities - $300

Yearly membership fee in USD.

Thank you! Questions? email: jag.erkhembayar@monamerchamber.org phone: 573-268-5312 fax: 916-248-8659 twitter: jagdagdorj blog: argamag.blogspot.com yahoo: jagdag_e linked-in: jagdagdorj erkhembayar

Thank you!

Questions?

email: jag.erkhembayar@monamerchamber.org phone: 573-268-5312 fax: 916-248-8659 twitter: jagdagdorj blog: argamag.blogspot.com yahoo: jagdag_e linked-in: jagdagdorj erkhembayar