In this episode, Fredrik Gronkvist shares his advice about product compliance.
Fredrik is a co-founder of Asiaimportal Limited. This interview is part of Source Find Asia Digital Summit. To know more about the summit, check out the link below.
Read MoreHere’s a snippet from SFA Digital Summit with Insight Quality founder Andy Church. In this episode, Rico and Andy talk about client inspection of products.
For more details about SFA Digital Summit, check out the link below.
Read MoreRico talks about how conscious are they when choosing their Outro Music in the early days of Made in China Podcast. In this bonus episode, they talk about how relevant it is to them and how would you understand them through music.
Music in the Podcast:
Lullabies Remix by Yuna
We Rise by San Holo
Grammys by Drake feat. Future
Read MoreWhere have you been Rico? 2021 Update
What is the SFA Digital Summit
Why are we doing a Digital Summit
Traveling in the Philippines during the Chinese New Year
Transition internally in the Company
I think I got COVID (not confirmed, though)
Keeping myself healthy in the Pandemic
Upcoming Podcast Episodes and more Video Content
Getting a call from NEAT Commerce
How convenient NEAT for Entrepreneurs
How does NEAT fit into our transactions
Description: Here is one of the topics that we will cover at the Summit. This videocast tackles the importance of Branding, Budgeting, and how to Create a Brand during COVID-19, and much more. Check it out!
Read MoreThis episode is an appearance of Rico on the Day in the Life Podcast with the Owner of LabHand Engineering — James Davis. James takes notes from Rico on Prototyping, Product Development, Crowdfunding and much more.
Episode notes:
Rico on ODM and OEM, Average Life Cycle of Products when people come to Source Find Asia
How people underestimate the process of developing products, Rico’s “Survival Chinese”
The range that an entrepreneur could cost for product manufacturing, process and cost of prototyping
The Graphite Wallet story, How crowdfunding works, Nalin of Crush Crowdfunding
Engineering, Sourcing and Manufacturing is often not a known industry, Seeing people of color as entrepreneurs
Marketing Strategies before launching your crowdfunding campaign, buffering timelines to support your backers
Getting designers involved as early as possible, Starting without a bare minimum design
Difference between doing business in China and the US
EP 157 - Rico on Global From Asia - Running a Chinese Import/Export Company Outside China
In today’s episode, we have Rico Ngoma appeared again at Global from Asia Podcast with Michael Michelini. Here he talked about running his sourcing business outside of China. He shares his insights, how he did it, his strategy – sort of a follow up how he did the transition.
Episode Notes:
- Spending time out of China - made him realize he couldn’t go back
- Incentivizing his General Manager
- Financial Tools Used
- Management tools Used For the Team
- Future Plans - Philippines, then where?
Read MoreRico interviews Arjun Rai of HelloWoofy and talks about helping the small businesses he refers to as ‘underdogs.’ They have a good exchange about what it’s like to be an Immigrant in another country and moving from state to state so much.
Topics include:
- Helping “Underdogs” in Business using Data Science, Solving the Problem for Creatives in Collaboration
- Taking advantage of Instagram before Facebook acquired it, Starting small when reaching your audience thru social media
- Misconceptions of using Emojis (and Hashtags) on your Emails and Social Media Marketing
- Raising capital even during the pandemic, Be an early adapter of Crowd Funding
- Arjun getting rejected and getting another shot, overcoming struggles in order to grow
- Going all in and betting on the product, and getting clients moving forward
- Having the right mindset and surrounding yourself with people who pick you up, getting a day job to support your hustle
- Using history as basis to your day-to-day or big decisions, Visual Language in ancient history to Emojis in our phones
- Setting remote teams and managing them like a portfolio in a hedge fund
Read MoreIn this video, Rico and ChinaMike enlist their good friend, Alan Scanlan of Newlands Sourcing. They discuss what it’s like to be in Hong Kong as a foreigner with tight health protocols from the government. An interesting exchange they have is how they look forward to emerging small businesses and how people get creative on business ideas.
Some important points:
Wearing masks in HK is a big deal to locals, Coronavirus in HK compared to other countries
COVID-19 symptoms and friends that they know who got sick, Tracking Bands for monitoring in HK, Contact Tracing on other countries
Breaking Quarantine Protocols in HK, Alan jumping in Medical Supplies business, Factories jumping into producing masks
Pivoting the business to address the demand, the sense of security that SFA provides to our clients
Health Protocols that companies are complying, Flexible work arrangements in HK, Medical Supplies situation in Ireland
No new standards when exporting products to Europe, Denmark inspection issues for personal shipments
Unrealistic Standards imposed to meet some requirements in exporting, customers that buy the Medical Supplies are not expert of the products, filtering business leads
Business in general in terms of sourcing, Medical Supplies business as a safety net
Getting creative and coming up with a business idea during a crisis, emerging businesses online starting from homes, the “New Normal” after the pandemic
In this episode, Rico tells the business atmosphere in China amidst the Corona Virus Disease 2019.
Topics include:
How COVID19 immobilised businesses in China
Observation on the manufacturing sector
What the government might do if the situation doesn’t improve
Optimism on the business climate
