While in Manila, Rico discovered a gentleman's club that defines him, The Refined is a members only lounge that provides a gentleman's lifestyle experience. Rico sits down with the owner, another Toronto Boy, Noelle Naguiat who was very gracious enough to share his experiences in entrepreneurship and the birth of his "Mancave".
Coming Back to Manila
Advantages leaving in the Philippines compared to North American countries
Beginning with Mankind then opening Refined after
What didn't work at Mankind then corrected at Refined
Finding the right Investors
Early Mistakes with the Refined
Paying for The "Experience" of Refined
Being present as an owner
For this week, Rico and Harrison connected at the Refined, Manila to talk about the lessons they learned after 3 years in China. They give their very own perspectives about how different individuals particularly expats decide to stay or while some others like themselves eventually leave even if they have their businesses connected in China.
Transitioning from living in to leaving China
Price hike in China
Why some guys stay longer
"Health Issues" a reason for leaving
Business lesson learned by the 3rd year in China
The advantages of being in China while doing FBA Amazon Retailing
Anxieties about transitioning out.
Present tools such as podcasts and youtube channels to help expats in China.
Finding the right Supplier for your Amazon business
"analysis paralysis" - Figure the first step and then go on from there.
Guru Courses are unnecessary expenses
In this episode, let's listen to Rico and Noam Once again where they talk about how to further systemized a consulting business in their respective areas, to make it easier for them to manage the company.
The Ups and Downs of running a company
Language Barrier Between Clients and Chinese Employees
How much can you systemize
Reaching Unrealistic Goals
Focusing on your own work
Amazon investments on Technology
People vs Apps that can help ease your business effectively
A "hockey stick" chart is a line chart in which a sharp increase occurs suddenly after a short period of quiescence. The line connecting the data points resembles a hockey stick.
This week, we bring you one of the last throwback episodes from the series of Rico and Noam's recorded Podcast 2 years ago (2017). Their conversation circled around the benefits or importance of having a home base for your business and the pressures of maintaining a company's rapid growth .
What it means to be Riding a "Hockey Stick"
Why having a Home Base for your business is Essential
Being Consistent is the fundamental key
Operating around your Schedule
Systemizing will lessen the stress
Your City Surroundings can motivate your drive
Handling a rapid expansion
Fast Growth Company needs to look at their quarters like a normal company would look at their year.
Keeping your feet on the ground despite having quick success
For this week’s episode, Rico and ChinaMike or now known as ChiangMike, Hangs out yet again to share each other’s observations of China’s rapid development through their respective duration of time spent living in the country.
The Sourcing Table Meet Ups
The Changes in China from 2008 to it’s Present
The Government has tighten up
The Decreasing Quality of Food as the Cost of living Increases.
Nantong, A City that’s much cheaper then it’s neigbouring Cities.
Old School Sourcing vs Present Day Sourcing
China being the first to develop the apps
Pollution is getting better
More Businesses being established.
The Challenges retaining workers/ and dealing with the minimum wage hike
How Different this generation of workers compared to it's predecessors
A back to back episode with Alan Scanlan at the Pullman Hotel in HK. Let's talk about building connections in Hong Kong. One of the places where you can meet some of the most successful people. Let's find out some tips on how you can meet those people so you can do business more effectively.
The advantages of Moving and Living in HK,
Making a lot of connections in HK
Supportive Expat Community
Joining Networking events such as Invest HK*
Banking in China
Email Inbox Organization
Working on weekends and holidays
Living in mainland China vs HK
Handling distractions while trying to focus on Work Goals
Dealings of a Boss: Making it Work for your staff as well
This week's episode is another video cast episode Featuring Alan Scanlan, who runs a Family Sourcing Business that was started in the 1970s by his Father. They talk about the history of how his dad coming from Ireland came about sourcing in HK and how he turned it into an 8 figure dynasty for more than 4 decades now.
Difficulties during the first 5 years
History of the Family Sourcing Business
Manufacturing and Importing from everything irish such as the Shamrock
Coming to Hong kong
Allied imports and allied international
Doing business with Mark and Spencers
Coming into the business as a young man
How he found Rico
Sourcing for Whiskey Bottles
In this Episode, Rico and Noam Discuss how they respectively manage clients and what lengths they have to do to maintain them.
The difficulties of maintaining a Routine!
Approaching from the Clients perspective
What's your Brand Story
Making your decisions base on your core values
Just be honest with your clients; Never give bad news without a solution
Clients who negotiate for cheap price
Selling Service vs Selling Finish Products
Taking on Enough Projects that you can Handle
Getting clients is just like "Dating"
For every negative there's a positive
Systemizing your Business: SOPS SOPS SOPS
It's good to have friends in your industry even if they are your competitors
This week, we welcome back Noam Lightstone to the Podcast who is one of Rico's Core Friends from way back during college in Canada. In this episode they exchange each other's Growing Pains that comes with running a Consulting Business, their shared values and how it is being a Young Entrepreneur.
Big Sin City vs Small Transitioning City
Does Systemizing your business really give you more free time?
Making the right Hire and managing your staff.
Having someone who can get task done aside from yourself
Strategizing and moving your staff like chess pieces
Wearing different "Hats" within your company
Challenges of working with an unreliable Company or Client
Giving Trust to your employee as part of encouraging growth.
Can there be balance when starting a business and having a relationship?
"You can have it all you want but not all at once"
Here is another Back log Episode to Start 2019, Recorded Back in 2016, Rico puts his Staff namely; CiCi, Immigen and Sunny on the interrogation chair to get their feedback on how it is to be working for Source Find Asia and having Rico as their Boss and Mentor.
How it is working for SFA.
The difference working for a Foreigner and a Chinese Boss
Views on talking to Manufacturing Factories
Communicating with the customers using emails vs wechat app
Manufacturer's frustrations on SFA not sourcing specialized products.
This is not a “MAFAN” episode! Here Rico chats with Mr Mafan Himself over drinks. Aka Luigui Mangasha, an expat in China for the last 8 years, shares with us his experience working in Beijing then moving to Shenzen and as well as talking about his brainchild The Mafan Crew, a youtube channel he created for the Multi-cultured Expats living in China.
Mafan crew's purpose
What mafan means
Luigi Mangasha channel
Being Aware in China: watching out for spit!
Learning to be patient and accepting in China
Shenzen Vs Beijing
Networking through WeChat app
Learn to sell yourself
Why a Chinese would hire a Foreigner?
Competition improves a company
Misconceptions of foreigners on the business side of things.
Challenges working as a the lone foreigner
Designing toys as the next business move
Starting out the youtube channel
"Make yourself different"
Youtube is Practically Illegal in China
Youtubers in China WeChat Group
Advice to "young Youtuber" Rico
"Keep it real and believe in yourself"
"Gratefulness is the greatest virtue of a man"
This week’s episode, We coincide the Youtube Video Channel and the Made in China Podcast to release a VideoCast. Rico captured this moment Interviewing Harrison Bevins, an Amazon FBA Reseller, who you can recall from previous Made In China Episodes; Lessons learned in China year 1 and the Reply all episode. Here they revisit their conversation on lessons they learned in China year 1, and a year since after they both discuss the continuing process and challenges of having and handling their business in China.
The Adjustments made, From living in Taiwan to Mainland China
Discovering making money online, Drop shipping
Reply All Episode
Selling the drop shipping store through Flippa.com
Amazon FBA, Why FBA and Lessons Learnt while selling the Company
Product Photos from Rico's Source Find asia
Communicating in China. "WeChat App"
Biggest Lesson learned 2nd year in China
Rollercoaster of emotions comes with doing business
The Importance of having a community of like minded people surrounding you.