iLabz

Our founders Shad Morris and James Oldroyd explaining why they built iLabz for their students. Comment “webinar” if you’d like to watch the full webinar!

A quick overview of the simulations that iLABZ offers. Please reach out if you are interested in using these labs in your classroom!

"I’ve learned more from my mistakes than from my successes." – David Utrilla Building a strong brand in a global market isn’t just about having a great product—it’s about adaptability, vision, and consistency. David Utrilla, CEO of US Translation Company, taught us today about how he has built a globally recognized business by focusing on: ? A clear vision and mission ? Establishing a unique value proposition ? Consistency in brand messaging while adapting globally ?Fostering Innovation for Longterm success His journey—from studying international business in Peru and the U.S. to leading an award-winning company—proves that success is built on learning from failure, embracing change, and staying competitive. ?? "Time is more precious than money." ?? "Enjoy the journey. You’re going to make mistakes and try new things—so embrace it." Thanks for coming, David! Global business requires fresh ideas and a mindful approach to international markets. How are you preparing your brand for global success? ??? #Leadership #GlobalBusiness #BrandStrategy #Growth #Entrepreneurship

In International Business what do miscommunication, damaged relationships, lost business opportunities have in common? They are the result of not being culturally aware. Here at ILABZ we are making simulations so that students can learn how to do business is different countries - without offending anybody.

Wanting to learn about market entry before you take the leap? Here at iLabz we have created an interactive online lab to practice entering global markets! The lab uses real-world data and includes practice with aggregated analysis, market priorities, and data sources! Interested in learning more? Check out our product demo on the link below! https://ilabz.io/webinar

Watch this 7 minute eWebinar hosted by Shad Morris and James Oldroyd to learn how they use this software in their classrooms.

Did anyone else play The Stock Market Game in School? ??♀? The Stock Market Game allows students to invest fake money into the stock market and track gains and losses over time. The Foreign Currency Exchange lab at ILABZ takes things one step further and allows students to trade foreign currencies in real time - while competing against their classmates. If you think this would be a nice addition to your coursework, check out our product demo. https://ilabz.io/webinar

Thank you, Case Lawrence, for an inspiring session today! Case shared invaluable lessons with us and BYU GlobalHub from his journey of launching and scaling Sky Zone into a global leader in active entertainment. From humble beginnings to over 300 locations worldwide, his story is a powerful example of innovation and perseverance. Key Takeaways from Case’s Talk: 1. ?? Do Your Market Research: Understand the target market’s culture, customer preferences, and regulatory landscape before expanding internationally. 2. ?? The Power of Partnerships: Collaborate with local partners who bring market expertise and cultural insight to ensure a smooth launch. 3. ?? Idea-Entrepreneur Fit: Ask yourself, “Why am I the right person to bring this idea to this market?” Aligning your strengths with the opportunity is key to success.

We are grateful for our relationship with the World Trade Center Utah (WTC Utah), who have helped us improve our Market Entry Lab! Because of their insights our labs for students are better simulations of the "real world".

Today we got to talk to Peter Given, Margaret Crookston, and Jenna B. from the World Trade Center Utah. They gave us some insights into what international business is looking like right now and their experience in working for the WTC. Thank you for taking the time to be with us, it was a great way to finish off the semester!