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.
This week we continue to listen to Rico and Nick’s Critique on Black Panther and other topics about the MCU Characters and it’s Rival, DC Comics.
Marvel VS DC
Captain America's the ladies Man and The Ironman Scandal
Marvel's renting their superheroes to other movie studios
Captain Canada and Deadpool
Marvel movies inspiring the real life superheroes of the future
Rating Top 3 Marvel Movies
Enough Business talk! This week we are releasing an old Podcast that didn't get released until now. Nick Nerov joins Rico in this 2 parts podcasts to review Marvel's Black Panther that was released on China's Movie Theatres. They became movie critics in this episode and give their own observations and perspectives as well as sharing each of their favorite experiences of the movie.
Marvel Superhero Characters are still new to the Chinese Audience
Rico is being compared to Obama
Chinese's peception of a black man
Unassuming Africa's rich economic countries
Nick's and Rico's Favorite part of the movie
Rooting and being emotional for the Villain
Immigration issue parallelism
Superb Fight Scenes
Favorite supporting actor/ actress
Intrigued by Wakanda
Strong Females, Gender Equality properly portrayed in the movie
For this week we are reposting a quick episode from the youtube channel where Rico interviews his project manager Immigen and ask her questions on how she feels working for a foreign company in China
What her role is as a project manager
Comparing working for a foreign company to a chinese company
What she thinks about the company from when it started to what it is now
The future of the sfa company
Organizing a client's company
Being systemized is a necessity
Here's a repost from Michael Michelini's podcast China Business Cast where Rico switch sides from Interviewer to the Interviewee. They touch on topics regarding Original Design Manufacturing from its process and the steps.
What it takes to run a company
Critical to have a clear and detailed communication with your employees or suppliers”
The importance of coming to china to meet your manufaturer/ supplier
The Process - step 1 come to china: DFM (design for manufacture)
Step 2 : Create a Sample
Step 3 : Full Mass Production
Warning!!! This conversation contains Explicit topics!!! NSFW! It's a first in this Podcast where sex is part of the topic which was heavily discussed between Rico and Leony Tan. Leony, who works for a company who specializes in sex toys called Lovach, Introduces Molly and gives a brief description and the benefits regards to the product as well as sharing more in depth issues about the sex toy industry, indiegogo crowd funding campaigns and the common challenges they experience when manufacturing products with chinese factories.
Starting out as a teacher in China.
"Focus on something you can control"
Product Features: 2 point stimulation
Benefits of sex toys in today's world and how it helps long distance relationships
Flaws from other products: Invading privacy and unregulated toys, “be careful what you put up in your @$%!
The Lovach Team and their roles
The steps to manufacturing the product
Issues with factory : best to get an industrial designer
Expectations on the campaign
Next product after "Molly"
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