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FIRST ever North America Khuraldai

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

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FIRST ever North America Khuraldai

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

  2. TOPICS Development of Mongolian-owned businesses in the USAthe research study “Content analysis of business advertisements” by Borchuluun Yadamsuren, Jagdagdorj Erkhembayar, & Oyungerel Avirmed and continuing MACC researches. Differences in American and Mongolian Business Cultureon-going research study. How we can collaborate?What we all do? What advantages we have? What MACC could offer for you? MACC messages … first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org

  3. 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? first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org

  4. 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 first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org

  5. 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) first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org

  6. first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org

  7. first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org • 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);

  8. first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org • 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

  9. first ever North America KhuraldaiMongolian American Chamber of Commercehttp://www.monamerchamber.org • 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

  10. 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;

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

  12. 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

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

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

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

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

  17. 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.

  18. Thank you! Questions? email: jag.erkhembayar@monamerchamber.orgphone: 573-268-5312fax: 916-248-8659twitter: jagdagdorjblog: argamag.blogspot.comyahoo: jagdag_elinked-in: jagdagdorj erkhembayar

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