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MACC Introduction Denver 2009 Presentation

MACC Introduction Denver 2009 Presentation

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Mongolian American Business Development Mongolian American Business Development Presentation Transcript

  • 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 …
    • 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
    • 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);
    • 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
  •  
  •  
  •  
    • 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.
    • 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.
    • 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.
    • 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.
    • 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