In this week’s Video Cast, We sit down with Iris to talk about Neat HK, an Online Bank Service aimed to offer small businesses and startups the right technology to make life easier. Iris, who is now Head of Marketing Department was the First Employee of Neat, She shares us stories about the progression of the Company from it’s beginnings and later on Explains the Different platforms that Neat has to Offer.
Coming from a Finance Background
The Appeal of joining Neat
The HK Banking System still behind compared to Europe
The early challenges opening an Online Banking System in HK
Partnering with other Banks
Digitizing to minimize cost
Neat's Application Process
Company's challenges in the beginning
Neat Personal Account and Business Account
Multi Currency Account
Expansion Plan in China
China's Withdrawal Limit
Neat's Technical Support Team
Customers visiting the Office to check if they are Real
In this last part of our 3 hour long special podcast, Bryan and Rico Broke Down the workflow even further up to the 3rd production run. An episode that can help bring knowledge of what to expect when Sourcing for an Original Design. It was a Unique Experience especially having to produce 5 existing toys and simultaneously designing another 4 more. We will also get to know what advantages there are when Coming to China vs Working Remotely.
Being Detailed but not too specific on Instructions
Having a toy facing the wrong way
F.R.I -Final Random Inspection
Translating Western English "Idioms" to Chinese English
Designing a new toy after BIG HEX
The Difference of manufacturing a new toy vs Big Hex
When Factory Increase Per unit Cost
How The relationship Progessed Between ProdigyGame and SFA as they were growing respectively.
Coming to China for the First Time after Working remotely for 2 years
The progress of Prodigygame during the 2 year process of Manufacturing
Revenue from Toys Vs Revenue from Softwares
Observation on SFA during the 2 1/2 years as it Grew.
Continuing on the Podcast, We have the 2nd of 3 episodes with Bryan Paratian who was Lead Hardware Developer of ProdigyGame, An Educational Technology Company, which so happened to be the company that baptized Rico as his first Clients. Here they revisit their initial experiences that came with challenges they had to endure in order to have an Original Design Successfully Manufactured. On this sequel, they broke down the work flow of the process that took 6 months to a year for “BIG HEX’s” completion.
The issue with the team they were working with before finding the right personnel.
The problems with the first molding
Reaction to Kids Reviewing Big Hex on Youtube
Having the manufacturer guide you on the Financial and Quality Side
THE RELIEF of releasing BIG HEX after a year then manufacturing 4 more toys later.
Customer Lifetime Value
The Workflow of the Process, From it’s beginning to it’s end
Don't ignore the packaging!
Having the contract written in Chinese and English
The Chinese way of business Comparing to North America
Negotiation; the most intense process
Revising the production
Proceeding with the 2nd batch
Hiring a QC Team
This week on the Podcast, We have the 1st of 3 episodes with Bryan Paratian who was Lead Hardware Developer of ProdigyGame, An Educational Technology Company, which so happened to be the company that baptized Rico as his first Clients. Here they revisit their initial experiences that came with challenges they had to endure in order to have an Original Design Successfully Manufactured.
Changing Roles at ProdigyGame
Using Stress Sensors to Evaluate Gaming Experience
Hiring Freelance 3d artist on Behance
Sourcing from Alibaba
Finding the right suppliers
Data Science to help with analysis
Deciding to get help from Rico
Screening a company online is not enough
What SFA brought to the table
In This Video Cast Episode, Rico sits down with Felipe Arias, who mainly deals with Fashion and started his entrepreneurship in China since he was 19. Here he goes in depth about Fast Fashion, sourcing from different Regions and the tricks of the trade in the Fashion world.
Felipe's Beginning as an Young Entrepreneur
The learning process provided by China
The Mom's Influence on his Entrepreneur Blood
Fashion is not Something that you go to school and learn about. "Identifying the End Consumer"
Knowing the Regional Taste for Women
Early Mistakes and the Recovery after
Patience is a trait you need to run a business.
Building a team in China: Providing a good working environment
Being prepared for whats coming
Be Updated with the Technology of production
Welcoming in our Podcast is Mark Ramos, A Veteran FBA Amazon and Internet marketer. Here he chats with Rico, who he will be collaborating with in Future Projects. Talks about his experience living in Guangzhou before it emerged to what it is now and how he loves being the guy behind the scenes organizing business seminars and networking events.
Coming to China
The Emergence of Internet Marketing
Guangzhou, China in 2006
Introducing the concept of Internet Marketing to Chinese Clients and Factories at the Beginning
China's Control of the Internet
Selling in Amazon Then vs Now; Amazon Explosion on 2016
"Finding your focus as an entrepreneur"
Having a Chinese business partner and The strategy of presenting to clients as a foreigner
Consulting; Being in the country and present to the Factories is a benefit when sourcing
Networking in the Seminars
Build a Brand and an Audience First
Online Courses: Are they necessary for your business growth?
Black Cat Tactics that Chinese sellers employ
Having membership and maintaining monthly continuity
Future Plans for his Business in China
Bringing back Cross Border Summit in Guanzhou
Being Behind the Scenes
10 years in Guangzhou, Observation of Influx of Entrepreneurship
In this Episode Rico caught up with Michael Michelini, who you know from ChinaBusiness Cast, Global From Asia and the Organizer of Cross Border Summit. A Dadpreneur, He now lives in Chiangmai and he shares the experience of living in a more relaxed environment compared to China’s Hustle and Bustle Life, Letting Go of China Business Cast and Transitioning to life in Chiangmai especially now that his children made an impact with his priorities and approach to life. Enjoy the episode.
Selling China Business Cast
Finding a Replacement and Listeners Reaction
Life in Chiangmai, Level of Entrepreneurship compared to China
Meet Ups in Chiangmai
Manila Vs Chiangmai
Education, A priority and a Factor in Choosing where you live
Cross Border Summit Columbia
Doing the Youtube, Podcast and Blogging
In this sequel, Mark continues to share his experience importing from China and dealing with the Australia’s government’s strict customs policies. Later on the conversation, he gives positive details why he chose and continues to work with Rico.
Customs Issues; “Tags on Bags”
What it means to be a Sourcefindasia Client.
Transparency needed between the client and supplier
Why he LOVES Working with Rico.
Over the years, Technological Advancement has progressed rapidly and has affected everyone including how you run your business system, from sharing files using floppy disks to sending files on the email. In this part 1 of 2 episodes, We have Mark O' Connell who has had a printing business since the 90s to share his overview of the transition to the digital age and how he had to adapt his business according to times.
Starting the business during the 90s and to how it is now.
His Definition of an Entrepreneur
How digital changed his Printing Business "Innovating through the times"
From trading to Sourcing
Language barrier - Dealing with the chinese trading companies
"You make your own luck"
Shipping and Border Control
A Fascinating story we have in this podcast episode, Rico gets to Interview good friend, Kish, Who along with his wife founded Nomad Lane. He graciously shared their success stories and how they were able to gather $1,000,000.00 in 45 days through crowdfunding with their indiegogo campaign and the challenges and strategies they had to endure along the way.
Start in E-Commerce
Each partner's role using their respective skills and training
Enter China Community
The Fast Company Article and how it made an impact.
Maximize Maximize Maximize
“Try to be something to Someone”
Tips and Advices based from Experiences
Do not Deviate from the Campaign
Have a solid foundation with a supplier
Plan well to meet Deliveries
Having A Good Support System
We are Back! In this Episode, Rico Chats with David Sheu, CEO and Co-founder of Bears Nutrition. Here they touch on topics mainly about Importing into China.
Importing into instead of manufacturing in China
Business in China is like the wild west
Exotic food in China; "Kentucky Fried Snake"
History of Bears Nutrition and transitioning to the Chinese market
Challenges faced and the need to Develop Relationships, Trust and Lots of Networking.
Bears Nutrition Launch
Explaining its Distribution system; Warehousing.
In this episode, which was taken from the Sourcefind asia youtube channel, Rico Sits down with his buddies Nick and Ben, to talk about how Ben got into the famous Chinese "acting" (Rent A Foreigner) industry.
Acting for chinese business presentations
how ben got into the acting industry
getting repeat Gigs
Knowing the "Real Market Price"
Loving and Adpating with China
In this episode, Chinamike and Rico connected to discuss about China's Meet ups in general. The good and advantages for sourcing entrepreneurs who are hoping to get educated or even grow their own personal network in the industry.
Access to Information is Key
The importance of having Meet Ups
Digital Nomads in Chiangmai Vs China
After meet up-meetups
What would make an interesting and fun meetup
Digital Nomads Summit
Episode 63 covers the Interview of Harrison Bevin in one of Rico's favorite Podcast "Reply All by Gimlet". They share their reactions and expanded even further on Topics regarding the ugly side of Amazon's imperfect system that most consumers aren't aware about.
Being interviewed at Reply All
The dark side of Amazon
The Cons of Being an Amazon Reseller
What Amazon can do to Improve and protect their sellers and consumers.
Coming to China to source private label products around the Canton Fair?!? Well, don't you fret, cause our main man Rico will show you the way! Introducing the Canton Fair Pre-Accelerator 2018. You would not want to miss this!!
Welcoming back to the Made In China Podcats is Michael Michelini, The most "popular" guy Rico knows in China. A fellow podcaster, Digital Entrepreneur and Event Organizer specifically the "Cross Border- Summit". Here he chats about strategies on how to use the network you build, to help you with your businesses.
"Enter China" Community
Transitioning to organizing events
Building your network
Bringing the locals and foreigners together
Cross border summit
Challenges of going global
It's time for our protagonist to shine, Rico was invited and interviewed by Michael Michelini, a business partner with "Enter China Community" on his Global From Asia Podcast. Here he talks about himself and how he ended up in China and reveals his own stories about learning and growing about the crowdfunding and sourcing business.
Rico's Background and how he ended coming to China
Getting into Source Find Asia
Passion for Podcasting
How to achieve the best resulting Quality product from factories
Dealing with manufacturing mistakes; late orders and bad quailty.
Negotiating as a Team!
Motivations and Meditating
This episode is the 2nd part of a 2 hour conversation between Rico and his buddy Ahmad Abuleil, A globetrotter, E-Commerce Entrepreneur and current resident of Houston, Texas. He shares his experiences and observations from his first visit to China. A one month trip aimed at sourcing products at the Canton Fair, researching country's potential import markets, as well as immersing himself in the middle kingdom's customs
What Ahmad love and hate about China
TEA and Chinese's business pratices
Recommendations before coming over to the Country
Networking in Guangzhou
China's banned websites and Internet issues
This episode is the 1st part of a 2 hour conversation between Rico and his buddy Ahmad Abuleil, A globetrotter, E-Commerce Entrepreneur and current resident of Houston, Texas. He shares his experiences and observations from his first visit to China. A one month trip aimed at sourcing products at the Canton Fair, researching country's potential import markets, as well as immersing himself in the middle kingdom's customs
First Impressions of China
The importance of WeChat app
Tips on Canton Fair - Business Card Etiquette - Ideal attire
The Benefits of doing Squats
In another short and packed bonus episode ChinaMike & Rico broke down some gems and a few hacks to help you maximize your Canton Fair visit.
- How to easily register, avoid lining up with 1,000s of people and get your badge
- Accommodation tips you won't find from a Google search
- Some of the best places to eat and meet foreigners and locals
- Why you shouldn't take a quote you get at the fair at face value
- The best ways to come across as sourcing pro when communicating with suppliers
- What type of suppliers to expect and which phase is best for you