Professional Documents
Culture Documents
13224
Entrepreneurship in Denmark
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Editorial team:
Trine Brøndberg, Malene Lykke Scharling and Mette Boel 3. Getting started as an export consultant 08
3.1 Choose relevant sectors 09
Journalists:
Trine Brøndberg, Lotte Winkler and Marianne Gregersen 3.2 Find a relevant business 10
3.3 Analyse export potential 12
Photographers: Lasse Hyldager, Hyldager Fotografi
Mads Holm, Colourbox.com CASE: Dynamic Russian generates Danish exports 16
3.4 Prepare an Export Action Plan 20
Graphic designer and production manager:
3.5 Contact the business 24
Carsten Skovlund, designwerk A/S
CASE: Australian business economist boosts online sale 27 3
Print: Zeuner – PJ Schmidt Grafisk A/S
3.6 Pitch your Export Action Plan 30
Edition: 1.000 units
5. Free guidance 48
5.1 Online tools 49
5.2 Export Network 50
5.3 Organisations and associations 52
November 2013
The publication is available electronically on www.entrepreneurshipindenmark.dk.
6. Reference list 54
The printed version is also available for free at Entrepreneurship in Denmark/
Væksthus Midtjylland while stocks last.
How to become 1. Preface
a freelance
export consultant
The aim of this guide is to inspire you, an international talent living in Denmark, to
start up your own business as a freelance export consultant. According to the Trade
Council, small and medium-sized enterprises (SMEs) seek international talents to
help them export to foreign markets.
With your international background, you know the language and the culture of spe-
cific export markets, and often you know something about how the market is de-
veloping. This is valuable for a Danish SME, which often does not know the cultural
codex or, for example, the negotiation techniques in the market it wants to enter.
4 5
In this guide, you can acquire knowledge on how to become a freelance export
consultant and how to help the SMEs succeed in export. Hopefully, you will also
feel inspired by reading the stories about four different and very successful inter-
national export talents. You can read the guide from start to finish or use it as your
reference work.
Your international background is an advantage and our hope is that more interna-
tionals living in Denmark will use their competencies regarding international mar-
kets, export, business development, culture and language - and become freelance
export consultants.
It can be a great opportunity for you and the businesses which you cooperate with
to enter specific export markets if you believe that you have the right skills and
knowledge to become an export consultant and that you are ready to start your own
business.
As a foreigner, you know the language and the culture of specific markets, and often
you also know something about how the market is developing. This is valuable for
an SME, which often does not understand the cultural codex or, for example, the ne-
gotiation techniques in the market which it wants to enter.
However, you also need to sell your knowledge, identify the opportunities which are
open to the SME and address the business’s other demands. But if you succeed,
you and the SMEs can develop a fruitful partnership that will benefit everyone con-
cerned. ✻
3. Getting started as an 3.1 Choose relevant sectors
export consultant
Setting yourself up as an export consultant to You can start by studying the sectors in which Danish export businesses are already
excelling. Then look at market opportunities in the market which you know about
make a living from your services is a lengthy
thanks to your education and background.
process. The following six steps will help you to
get started as an export consultant. Denmark holds a strong position in markets within the following sectors:
• Building, construction and architecture
• Environment and energy
• Health
• Foods
• Furniture, design, fashion and textiles
8 • IT
9
Attend public events
One obvious possibility is to try and meet businesses at public events. This you
3.2 Find a relevant business can do by looking up and contacting the local business services office, industrial or-
ganisations, innovation projects, educational institutions, associations etc. for pro-
The next step is to identify one or more businesses grammes, guidance and talks about the subject. Many conferences are held around
Denmark where businesses and potential exporters are able to participate and hear
which you want to win as clients once you are ready to
more about new growth markets and develop their networks.
start up as an export consultant. There are several ways
of finding one or more businesses with which to work in Use private and social networks
the export markets. Perhaps there are people in your own network who have contacts with relevant bu-
sinesses. Try using LinkedIn, Facebook or other social media as networking tools.
12 13
3.3 Analyse export potential Do a SWOT analysis
After having analysed the business’s motives and export readiness, it is a good idea
to do a SWOT analysis of the business’s export potential. Find as many ‘opportuni-
ties’ as possible. Also find a few ‘weaknesses’ which you can help the business ad-
When offering your services as an export consultant, it is your
dress in your capacity as a consultant. Your credibility may suffer if you don’t present
task to map out the business’s export potential. Then you can
a number of challenges for the business and for your collaboration. However, it is a
present your analysis and more easily persuade the business very good idea to be able to present a solution to these challenges.
of the advantages of working with you as an export consultant. Don’t expect to be able to do a complete SWOT analysis from home, but instead
finish the analysis in collaboration with the business when holding your meeting
with them. This will give you and the business a much better understanding of your
respective approaches and whether the two of you will match. ✻
In analysing the export potential of the business, you can address the following topics:
• Export motive In doing a SWOT analysis, consider the following:
• Export readiness
• SWOT analysis
STRENGTHS WEAKNESSES
Export motive – in the business – in the business
A business may have many good reasons for wanting to export. You can clarify its
For example: For example:
motives by asking yourself the following questions:
• Good language skills • No export know-how
• Is the business already exporting, and to which markets?
• Good product and business • Limited language skills
• Does the business have a proactive reason for exporting, and does the business
14 concept • A product which is not tailored 15
have a strong desire to export to new markets and generate further growth?
• Healthy finances and positive for export markets
• Or is its motive for exporting more reactive, and has the desire to export arisen
bank • Poor economy
as part of a defensive survival strategy?
• Business partners • Limited contacts
• Are the motives born of internal or external factors?
• Competent employees • Lack of resources and
• Good contacts abroad know-how
Once you have narrowed down the business’s export motive, your analysis can take
a close look at how ready the business is to start exporting its products and services.
Export readiness
Analyse the business’s export readiness. Does the business have what it takes to
OPPORTUNITIES THREATS
– external – external
start exporting to a new market?
Export readiness depends, among other things, on: Opportunities may arise from: Threats to business opportunities:
• The management’s commitment • New growth markets • Stricter legislation on the
and experience with exports • New legislation in the export export market
• Knowledge of export procedures. market • New trends
Does the business already engage • New trends • New competitors or products
in exporting, or is it a new activity? • Competitors dying out • Collapsing networks
• Language skills • Networks • Supplier terms
• Capital structure • Timing – positive events in • Timing - negative events in
the export market the export market
Where you discover gaps in your analysis may be where you, as a freelance export
consultant, are able to offer the business your expertise.
CASE:
Dynamic Russian generates Danish
exports
Svetlana Gertsen has in a very short space of time
helped a number of Danish businesses succeed with ex-
port in the Russian market.
16 17
CASE: Dynamic Russian generates Danish way for potential partnerships between
Russian and Danish companies.
with various experts who supplement
her own services , for example in Rus-
20 21
3.4 Prepare an Export Action Plan
Small and medium-sized enterprises often do not have un-
limited resources to spend on market surveys and strategies.
Your expertise and knowledge about the market in question
can therefore be extremely valuable for the business. Prepare Use your competencies and work with others
In your Export Action Plan, it is important to take account of your own competencies
an Export Action Plan, which clarifies for the business what it
and limitations. If you or the business do not possess all the professional competencies
takes to start exporting. which are necessary, find relevant partners who will be able to contribute expertise
as required. For example legal experts, communication consultants, interpreters etc.
Export Action Plan
An Export Action Plan is based on a market analysis, and may, for example, be a
plan for implementing a marketing strategy, a financial analysis or a logistics plan.
Divide the Export Action Plan into several phases, for example:
1. validation phase
2. test phase
3. implementation period Be there in person
One way of identifying overall objectives for the three phases might be to complete If possible, ask to have an office space made available to you at the business premises
the template below. In doing so, you will be forced to consider and map out the mi- while carrying out your analyses for the Export Action Plan. All the relevant persons
lestones, action steps, challenges, expectations results and methods for measuring whose knowledge about the business and its products you need will then all be within
22 arm’s reach. This greatly facilitates the process, and thus costs the business less.
23
the results. ✻
Challenges
Define all potential challenges and describe how to tackle
them
Effect/results
What outcome is expected of each action step?
The AIDA model will help your email to stand out and ensure that it is read:
Interest. This is one of the most challenging stages: You’ve got the attention of a chunk of
your target audience, but can you engage with them enough so that they’ll want to spend
their precious time understanding your message in more detail? Gaining the reader’s interest
is a deeper process than grabbing their attention. They will give you a little more time to do
it, but you must stay focused on their needs. This means helping them to pick out the messa-
24 ges that are relevant to them quickly. So use bullets and subheadings, and break up the text 25
to make your points stand out.
Desire. The Interest and Desire parts of AIDA go hand-in-hand: As you’re building the rea-
der’s interest, you also need to help them understand how what you’re offering can help them
in a real way. The main way of doing this is by appealing to their personal needs and wants.
Action. Finally, be very clear about what action you want your readers to take; for example
visit our website of more information, or I will contact you on a specific date rather than just
leaving people to work out what to do for themselves.
Kilde: www.mindtools.com
Personal meeting
Prepare thoroughly for the interview. Have your elevator talk ready so that you can
quickly and succinctly present yourself and your idea. Bring along your SWOT ana-
lysis, ideally adding the finishing touches to it together with the person you are me-
eting. You need to be able to present solutions to any weaknesses and threats while
talking about all the opportunities and strengths you see for the business and your
collaboration on establishing exports to new markets.
Your personal appearance will have a strong bearing on whether or not you succeed
in selling yourself and your idea. During the first 10-20 seconds, the person you are
meeting will have formed an impression of you and thus your services. Remember
that you are communicating both verbally and non-verbally.
Perhaps use your network of Danes who are experienced with Danish business cultu-
re as a sounding board on your communication with the business. Address the needs
of the business, and openly present your competencies, your experience and your Case: Australian business economist
commitment as a freelance export consultant. ✻
26
boosts online sale 27
Elevator talk
Your 30-second elevator talk should cover the following:
Hannah West´s mission is to give people all around the
• Who you are world online access to Danish designed products and to
• Your potential clients create growth in Danish companies.
• Which consultancy services you offer to export businesses
• The results you have previously achieved for other businesses
• What value you can give the potential client
Checklist
• Find out about the business and what the business needs
• Pay attention to your body language
• Avoid using technical terms and expressions out of context
• Be positive and smile. This conveys self-confidence and inspires trust
• Dress appropriately. The classic example is the choice between a suit
or a pair of jeans. At the end of the day, you should wear what feels
most comfortable.
• Finally, remember to switch off your mobile phone.
Case: Australian business economist
boosts online sale
Denmark swarms with great design, but the design compani-
es neglect to sell the products online both inside and outside
the country borders.
That’s the opinion of Hannah West who sign and innovation, but it surprised me and abroad. The company was started in pany based in Denmark. The proactive
moved from Australia to Odense in Oc- how little of this is sold globally”, says cooperation with Danish Helle Sæthre, Australian woman is already negotiating
tober 2011, because her Australian boy- Hannah. who used to be a mentor for Hannah. to become a partner in another com-
friend was offered a job as a researcher Helle Sæthre had a plan to establishing pany.
at the University of Southern Denmark. “I found out that only 20 % of the small a webshop, and Hannah was looking for
Danish enterprises sell their products a local partner with interesting products, Impressed by offers for
Because of that, she has decided to help online and only 10 % attempt to sell it which she could sell online. And the entrepreneurs
Danish companies sell their products internationally. My mission is to give two women agree that they are a great Hannah West is impressed by the help
online. In July 2012, she received her people all over the world access to the match. They are now partners and no she has received, both before and after
own CVR number (Business Registration products online, and at the same time longer mentor and mentee. she became an entrepreneur.
Number), which marked the launch of create growth in Danish companies”, she In September they started the company “It is amazing that such a small country
28 her company Scale Angel. says. Besos.dk. The name means kiss in Spa- as Denmark has so many good things to
29
And Hannah is well prepared for the nish, and they chose it because they offer entrepreneurs and budding entre-
Hannah has previously lived in France, mission with an education in Business think a beautiful scarf is like a kiss. It preneurs. It is amazing. I have participa-
USA and Singapore, where she took a Economics and experience in manage- makes you feel good and keeps you ted in a lot of courses and conferences
Master in Finance. When her boyfriend ment consultancy and financing from warm on the coldest day. with great profit, “says Hannah. ✻
accepted the job offer in Denmark she the Australian company Macquarie Besos.dk will not be Hannah’s last com-
was ready for new adventures, so she Group. For six years, she has also wor-
left her job as a business analyst “down ked with websites and online marketing
under” and moved across the globe with strategies for companies. She now uses
her boyfriend. this experience in Denmark.
“Of course it is uncertain to leave your Besides developing an online sales plat- Hannah’s advice for entrepreneurs
job for nothing. But moving to Denmark form for companies, Hannah and Sca- • Don’t worry about whether or not you have the perfect business idea. Concentrate on
has given me the chance to find out what le Angel are also forming partnerships carrying out your own idea.
I’m very passionate about, and that is with companies she finds interesting to
• It is crucial that you believe 110 % in the solution your business offers. Otherwise you
running a company”, says Hannah who contribute to with her expertise in finan-
can’t make it through hard times, because challenges, setbacks and criticism will ap-
grew up in a family of entrepreneurs. cing and strategic counselling.
pear. Especially if what you offer is different from anything else.
Better access to Danish products Mentor became partner • Don’t wait for the perfect time to launch your company, because there is never a per-
”As soon as I arrived in Denmark, it The first company Hannah West became fect time! Forget the excuses and get started.
struck me how many fabulous products a partner in was Besos.dk. They sell ex-
there are. Danes are really good at de- clusive scarves online in both Denmark
It is important that you carefully consider how to pitch your
Export Action Plan to a business. In the case of a short, spur-
3.6 Pitch your of-the-moment meeting, an ‘elevator talk’ is relevant, while
Export Action Plan a ‘pitch’ is more appropriate and valuable for a longer sales
meeting.
The word ‘pitching’ stems from baseball, where the pitcher kicks off play and de-
termines what the other players do. This is what you need to do as an independent
freelance export consultant when selling your export idea to the business. Pitching
is also useful as a way of building on and developing an elevator talk.
Pitching
The pitch is used to present your Export Action Plan in greater length at a scheduled
business meeting. A successful pitch holds your listeners’ attention and keeps them
interested. You must build a relationship, engender trust and show that you are part
30 of their team. ✻
31
32 33
4.1 Understanding the DNA of SMEs
To sell your services as an export consultant, it is well worth • Legislation in the export country
• Technical barriers to trade (requirements re testing/certification/approvals)
knowing what characterises Danish small and medium-sized
• Customs duties and border control for overseas markets
enterprises (SMEs), which face both internal and external
• Geographical and cultural differences
barriers to export. • Larger travel and shipping costs
• Foreign business cultures and languages
• Bureaucracy and corruption
36 37
Case: Specialist knowledge
becomes export success
Jean-Marc Ferran has created an export success. His compa-
ny Qualiance Aps offers statistical programming and clinical
data management for pharmaceutical companies of various
sizes, and his customer base is constantly growing.
In only three years, Qualiance has built Perfect timing my background,” says Jean-Marc Ferran, Excellent location in Copenhagen
up a solid portfolio of customers in Den- After eight years in good jobs in Copen- who speaks fluent French and who has Jean-Marc’s girlfriend is from Lithuania,
mark, Sweden, Switzerland, Belgium, hagen, he took the plunge in 2010 and also been speaking English at work for and the international couple have no in-
France and Germany. became self-employed. more than ten years. Moreover, he has tention of leaving Denmark.
a strong network within the industry in
“I’ve hit a growing market, and I see “I had reached a point where I had plenty several European countries, which has “There is a strong pharmaceutical indus-
good prospects for my business in fu- of experience and a strong network, and been a big plus in setting up an export try here, which is why Qualiance is so
ture,” says the entrepreneur. it was a good age to start up on my own. company. well located in Copenhagen,” says Jean-
If I was ever going to do it, it had to be Marc Ferran.
38 Few months became years The price he has paid for his entrepre-
39
then,” he recalls.
Jean-Marc Ferran grew up in France in neurial success has been lots of hard “Moreover, it’s easy running a business
a Lebanese family. In 2001 he came to The desire to have his own business just work. According to Jean-Marc Ferran, he in Denmark. I get the impression that
Denmark to complete a Master’s degree came suddenly. Jean-Marc Ferran’s busi- has never worked as many hours as he there would be quite a bit more bureau-
in computer science and applied mathe- ness concept is based on the same tasks is working at the moment, totting up be- cracy if I wanted to start a business in
matics with a semester at DTU, Technical that he was performing at Novo Nordisk tween 60 and 80 hours every week. France. And even though income tax is
University of Denmark, in Lyngby near and Ferring, but as a self-employed per- high, corporation tax is actually compet-
Copenhagen. son he can be involved in several paral- “But I have not regretted my decision for itive relative to other European coun-
lel projects while further developing his a second,” he says. tries,” he says. ✻
Originally, his plan was to only spend a competences.
few months in Denmark, but he has now Through his extensive network, Jean-
been here for 12 years. The idea had to be put to the test, and Marc Ferran recruits experienced pro-
during the start-up phase he sought ad- ject employees when he needs help with
“The Danish company which I wrote vice from Copenhagen Business Service, large jobs. Likewise, there are periods
about in my thesis offered me a job which also helped him find the right law- when he is able to help others. Soon,
when I finished my degree, and I thought yer and accountant. Jean-Marc Ferran will again need to
‘Why not?’”, he says. bring in outside resources because the
International approach from the work is piling in, and at home a little
Later, he started working as a statistician outset baby is on the way.
at Novo Nordisk A/S, before moving to a “Right from the outset, I wanted
position as Director of Statistical Program- Qualiance to be an international busi- “I need to find a different work-life bal-
ming with Ferring Pharmaceuticals A/S. ness. It seemed perfectly obvious with ance, and it will be a challenge,” he admits.
4.2 New export markets
New global markets offer considerable unexploited ex-
port potential. Help businesses to move beyond Europe-
an borders and enjoy success on new markets in growth
countries and cities.
40 41
4.2 New export markets
As an export consultant, you are in a position to help Danish businesses based on your Denmark’s key export markets
expertise within well-known, new, small and large markets. Danish businesses prima- Many Danish businesses are cautious in relation to exports. Seventy-five per cent
rily trade with customers in neighbouring countries but, with an export consultant on of Danish trade is with other EU countries, by far the majority with our neighbouring
board with the right network and export acumen, they can take their products overseas. countries. The following is a list of Denmark’s top ten export markets:
1. Germany
Think globally 2. Sweden
According to the book ‘Standing on the sun: How the Explosion of Capitalism Abro- 3. UK
ad Will Change Business Everywhere’ published by the Harvard Business Review 4. Norway
Press, the global economy will see dramatic changes within the next 30 years. Today, 5. USA
western economies account for 75 per cent of global GDP – in 2050 this figure will 6. Netherlands
be just 32 per cent. Thus, there is considerable potential in taking a more global 7. France
approach to SMEs’ export strategies.According to the Trade Council, world affluence 8. Italy
has also shifted. New markets such as Turkey, Indonesia and Mexico are lands of 9. Poland
opportunity for Danish SMEs. 10. China
According to the Trade Council, it would also be beneficial for businesses to draw up
a strategy in relation to ‘Next 11’, which are countries showing signs of growth. These
countries are:
• Turkey Up-to-date market information
• South Korea
• Bangladesh In the report ‘Winning the $30 Billion Dollar Decathlon – Going for Gold in Emerging
• Egypt Markets’, McKinsey & Company describes which 440 large cities will see huge growth in
• Philippines future.
• Nigeria
• Indonesia The Trade Council regularly prepares detailed export market analyses.
• Vietnam
• Mexico
• Pakistan
• Iran
44 45
Entrepreneurship in Denmark
On entrepreneurshipindenmark.dk you can find over 130 articles containing tools
and information on entrepreneurship. The tools take you through a startup adven-
ture from idea to growth. Among these tools you will also find this export guide in
an online version.
EKF
EKF is Denmark’s official export credit agency. EKF offers you greater security and
48 49
paves the way for better financing and boosting of your sales.
Virkguiden
Learn how to register a company by watching these guides.
5.2 Export Network
Find information on networks for international export
consultants and Danish SMEs that wish to export.
Export Talent and International Talent Lab
Export Talent and International Talent Lab are programmes run by Copenhagen Bu-
siness Service. The programmes are directed at expats living in Denmark, who wish
to work as export consultants for Danish small and medium-sized enterprises. Hig-
hly educated people with an international background can support SMEs in devel-
oping and extending their businesses to other countries, by helping the SMEs deal
with linguistic and cultural challenges.
50 51
5.3 Organisations and associations
O.N.E. Danmark
Copenhagen Capacity Talent O.N.E. Danmark is an organisation bringing together local, Danish youth organi-
Copenhagen Capacity’s talent department directs Denmark’s first large-scale pro- sations working with education and career opportunities. O.N.E. Danmark aims at
gramme to coordinate initiatives to attract and retain international knowledge wor- creating a knowledge sharing network between highly educated young Danes with a
kers, researchers, students and their families. This includes improving expat fra- non-Danish ethnic origin.
mework conditions, gearing SMEs to employ international talent, and sharing best
practice across municipalities, business, governmental bodies, industry clusters, Jobnet
and research & educational institutions. Moreover, the talent department will run Jobnet is the public jobcentres website for all jobseekers and employers in Denmark.
an international branding effort to build a talent pipeline in key sectors by creating Jobnet enables you to search for a job among many thousands of vacant jobs or to
awareness of Denmark as an attractive place to study, work and live. find a new employee. Jobnet has more than two million visitors every month. At
52 Jobnet you can also find information on job searching, training and recruiting of new 53
Eksportjob.dk employees.
Jobindex has created a special job and CV database for export jobs. Eksportjob.dk
builds a bridge between companies and skilled workers with special knowledge. The International Community Aarhus
idea behind the job database is that skilled job seekers, also with a non-Danish back- International Community aims to support international employees and their famili-
ground, can find and apply for jobs within their areas of expertise. es during their stay in the Aarhus region. Our venture to create social and professio-
nal networks to the benefit of expats encompasses a wide range of events, seminars
Foreningen Nydansker and online activities. We also offer support to companies in their efforts to recruit
The Association New Danes (Nydansker) is a leading, independent centre for diversi- and retain international employees.
ty. The Association works to lower the barriers for ethnic minorities and immigrants
onto the labour market. Among other things, the Association has a mentor program, Workindenmark
where you will be matched with a volunteer career mentor, who will spend about two Denmark’s official entrance for employers and foreign job seekers. The website con-
hours every month helping you with your job application process or career planning. tains job and CV databases, as well as a range of important information about the
recruitment and hiring process and other useful facts on residing in Denmark.
First job in Denmark
First job in Denmark is a project under the Danish employment and integration ma- New to Denmark
nagement. First job in Denmark provides a thorough introduction to the Danish la- The official portal for foreigners and integration. It contains a special section on work
bour market. They focus on your skills and networking, and also assists with how and and recruitment.
where to search for jobs, applications & CV’s.
6. Reference list
Klaff, Oren, an interview on the Chase Jarvis Live show,
http://pitchanything.com/oren-explains-live-the-pitch-anything-method/
www.entrepreneurshipindenmark.dk
http://borsen.dk/konferencer/gazeller.html
www.mindtools.com
http://um.dk/en/tradecouncil/publications/market/