Posts tagged Suppliers
Ep 89 - Finding Your Business Passion in China w Carl Nickel
Ep 89 - Finding Your Business Passion in China w Carl Nickel

In this Video Cast, Rico welcomes back Carl Nickel, An Entrepreneur who has gone through challenges with his Business Opportunities while in China. He continues his persistence and advices to find what you are passionate about so that you may always have the motivation to continue finding success despite the hurdles and obstacles you have to endure to get to the top.


Topics incl:

  • Teaching English in China

  • Working in an Oil Company

  • Why you should Do what you are passionate about

  • Managing Waste technology

  • Doing Business with Taiwan's President

  • Investors and gathering the team

  • Group Disbanding and investors pulling out

  • Joining his Dad's business upon coming back

  • Working 14 hours 7 days a week a way of life in China

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China, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcing, imports, whiskeyComment
Ep 88 - Manila and Wildball During Chinese New Year
Ep 88 - Manila and Wildball During Chinese New Year

In this episode, Rico checks in with Chinamike to talk about their yearly goals, for the business or personal growth. Discussion was made about the success and failures for 2018 then after they shared what they aim to reach this 2019.


Topics incl:

Summary of Rico's year and 2018 goals

  • Profitable year High Revenue but high expenses

  • Being in debt and getting out of it

  • Getting sued by an ex employee

1st goal Maximizing work with a small team (Failed)

2nd goal: Releasing an episode a week on podcast  and  youtube Videos (Success) 

500 subs & 1k Youtube subs in 6months (failed)

3rd goal - muscle up and  14% Body Fat (Success)

Grade: B


Summary of Mike's year and 2018 goals

Reading books (Failed)

Reaching the Timeline of the sales goal with the lifestyle brand (Failed)

Being more social! (SUCCESS)

2019 GOALS

Rico's 2019 Goals

  1. 20% increase of sales revenue 7% increase of profit : Controlling the expenses

  2. Social Media Goals/ youtube video goals

  3. Get an intern

  4. Youtube ads to result in 5 figure revenue

  5. Revamping the website

  6. Organizing Meet Ups 

  7. Batman goals : Stay in the Philippines concurrently; and learn MMA

Mike's 2019 Goals 

  1. Audio Books

  2. Getting to Africa

  3. Meditation, Wellness retreat

  4. Getting quality Interviews on the podcast

  5. Social up!

  6. Running a successful meetup.

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China, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcing, imports, whiskeyComment
Ep 87 - 2018 Goals vs 2019 Goals
Ep 87 - 2018 Goals vs 2019 Goals

In this episode, Rico checks in with Chinamike to talk about their yearly goals, for the business or personal growth. Discussion was made about the success and failures for 2018 then after they shared what they aim to reach this 2019.


Topics incl:

Summary of Rico's year and 2018 goals

  • Profitable year High Revenue but high expenses

  • Being in debt and getting out of it

  • Getting sued by an ex employee

1st goal Maximizing work with a small team (Failed)

2nd goal: Releasing an episode a week on podcast  and  youtube Videos (Success) 

500 subs & 1k Youtube subs in 6months (failed)

3rd goal - muscle up and  14% Body Fat (Success)

Grade: B


Summary of Mike's year and 2018 goals

Reading books (Failed)

Reaching the Timeline of the sales goal with the lifestyle brand (Failed)

Being more social! (SUCCESS)

2019 GOALS

Rico's 2019 Goals

  1. 20% increase of sales revenue 7% increase of profit : Controlling the expenses

  2. Social Media Goals/ youtube video goals

  3. Get an intern

  4. Youtube ads to result in 5 figure revenue

  5. Revamping the website

  6. Organizing Meet Ups 

  7. Batman goals : Stay in the Philippines concurrently; and learn MMA

Mike's 2019 Goals 

  1. Audio Books

  2. Getting to Africa

  3. Meditation, Wellness retreat

  4. Getting quality Interviews on the podcast

  5. Social up!

  6. Running a successful meetup.

Read More
China, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcing, imports, whiskeyComment
Ep 56 - ChinaMike WildBall Update & Cirque Du Soleil
Ep 56 - ChinaMike WildBall Update & Cirque Du Soleil

In this episode, Rico and ChinaMike talk about their current projects. Mainly Mike's progress with China basketball tours and plans to bring Chinese players to the US. 
Rico's developing, "Manufacturing accelerator program" - bringing people from the US and other countries to China to work out of his office sourcing their own products.

Topics incl:

* ChinaMike WildBall Tours Update

* Cirque Du Soleil

* NCAA players in China

* Chinese basketball players in the US

* Chiang Mai Life

* Rico's Manufacturing Accelerator Program test run

* Dealing with corporate clients

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China, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcing, imports, whiskeyComment
Ep 55 - 2017 Goals vs 2018 Goals
Ep 55 - 2017 Goals vs 2018 Goals

In this episode, Rico and ChinaMike review goals from 2017 and set new goals for 2018.
How did they do in 2017? What do they expect from 2018? Take a listen!

Topics incl:

* Mike's goals 2017 - Grade "Solid C" :)

* Mike's goals for 2018:
1. Become more social.

2. Lifestyle branch online sales.

3. Reading/listening to more books and audiobooks

* An awesome AD - Design for manufacturing service

* Rico's 2017 goals - Grade: A

* Rico's 2018 for goals:
1. Revenue goals.

2. Video and Podcast episode every week.

3. 1k Youtube subscribers.

4. Muscle Up!

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China, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcing, imports, whiskeyComment
Ep 54 - Initial Communication - How to Build Relationships with Suppliers
Ep 54 - Initial Communication - How to Build Relationships with Suppliers

Originally a SFA Youtube Channel video, in this episode Nick Nerov speaks with Rico and ChinaMike about the essential steps involved when building a lasting relationship with Chinese supplier from the initial research phase.

Topics Incl.

  • Insider vs outsider supplier research and the 4 best online resources
     
  • How to start and timeline progression
     
  • Best and worst case scenarios
     
  • ODM vs OEM Process
     
  • What is the best mindset a person can have to do business in China
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China, Business, Manufacturing, Source Find Asia, LifestyleRicomarketing, factories, Suppliers, sourcing, imports, whiskey, micasa, researchComment
Ep 53 - The Whiskey Episode: Importing to China
Ep 53 - The Whiskey Episode: Importing to China

In this episode, Rico meets Ray Chan from Guangzhou Golden Technology, one of the biggest Chinese whiskey import companies. Two passionate whiskey fans, discuss their favorite brands, best whiskey on the market and insanely expensive vintages.

Topics Incl:

* Karuizawa whiskey ($150.000 per bottle)

* Taiwanese whiskey, Kavalan - one of the top 3 whiskeys in the world

* How fake alcohol is made in China

* Jack Maa and Macallan

* Which Hollywood blockbuster made whiskey popular in China

* How to tell the difference between good and bad whiskey

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China, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcing, imports, whiskeyComment
Ep 52 - Traveling in Yangshuo County, Guanxi
Ep 52 - Traveling in Yangshuo County, Guanxi

In this episode Rico and Nick travel to Yangshou, a scenic mountain town with a lot of history.
Yangshuo lies to the southeast of Guilin and in the northeast of Guangxi Zhuang Autonomous Region. Since being introduced by 'Lonely Planet' in 1980, it greets an increasing number of visitors annually.

Topics Incl:

* "Bangers and Mash"

* Smelly blankets and other bus adventures.

* Prices in Yangshou

* Rico Approved food places

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China, Amazon FBA, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcingComment
Ep 51 - Advantages of Investing Time in China Now w/ Nick Nerov
Ep 51 - Advantages of Investing Time in China Now w/ Nick Nerov

On a train from Hong Kong to Guangzhou, Nick Nerov, a rapidly expanding Amazon FBA player - shares him experiences globe trotting and explains his decision to move to China to kick his FBA business into 5th gear.

Topics Inc.

* The benefits of investing (time) in China in 2018

* Doing business in China just takes longer, be patient

* How being on the ground makes your a priority to suppliers

* Some of the "fuckery" that goes on behind the scenes

* Learning from people A few steps ahead of you

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China, Amazon FBA, Business, Alibaba, Manufacturing, Source Find AsiaRicomarketing, factories, Suppliers, sourcingComment
Ep 47 - Registering a Company in Mainland China - Should You Do It
Ep 47 - Registering a Company in Mainland China - Should You Do It

In this weeks episode, Rico does an in-depth analysis of the processes required in registering your company in China. He talks pros and cons and reveals a few pro tips to make your business life
in China much easier.

Topics inc.

  • How and where to register your company.
     
  • When to open office in Mainland China vs Hong Kong.
     
  • Tips on taxes and banking.
     
  • Personnel (positions you need) 
     
  • Registration costs (including bank balance requirements)
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Business, China, Amazon FBA, Enter China, Manufacturing, Source Find AsiaRicobusiness registration, red tap, scaling, management, Suppliers, hustleComment