Posts in Business
Ep 141 - How the Corona Virus is Affecting Business in China (UPDATE)

In this episode, Rico talks about a number of business updates, with focus on manufacturing companies in China being affected by the spreading coronavirus.

Topics include:

  • Changes in China’s manufacturing sector in the past few weeks

  • Effects of the shutdown to both suppliers and clients

  • China’s current business climate: pros and cons

  • Personal travel status going to and from China

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Ep 140 - 2019 Goals vs 2020 Goals

In this episode, Rico and Mike review their 2019 goals and share another set of goals for the brand new year.

Topics include:

Rico’s 2019 Goals

  • Achieve 20% increase in sales, 7% profitability.

  • Reach five-figure revenue from YouTube ads.

  • Interview someone with 10k followers

  • Revamp the website

  • Organise a meet-up

  • Stay in the Philippines for two months

  • Do three months of Muay Thai 

  • Make two “A Day in a Life” videos 

  • Achieve 14% body fat

Grade: A-

Mike’s 2019 Goals

  • Read more

  • Spend time in Africa

  • Do meditation

  • Live a healthier lifestyle

  • Develop more content

Grade: B-

Rico’s 2020 Goals

  • Achieve 20% increase in sales, 10% profitability.

  • Interview someone with over 100k followers and appear on his channel

  • Make two “A Day in a Life” videos 

  • Hit 2.5k YouTube subscribers

  • Do six webinars

  • Launch course from webinars

  • Host six sourcing tables

  • Hire full-time videographer and marketing manager

  • Launch second business

  • Release lifestyle YouTube channel

  • Complete the web design

  • Maintain 14% body fat

  • Do Muay Thai three times a week

  • Move to the Philippines

  • Study Mandarin

  • Have one YouTube livestream a month

  • Reach $3000 a month passive income

Mike’s 2020 Goals

  • Have one tour

  • Get back to playing basketball

  • Continue to book events

  • Sell 5,000 Z Kits

  • Set one sourcing meet up in Chicago

  • Set up event in Manila

  • Record content with Rico in Manila

  • Edit and release recorded content

  • Explore Europe (Spain, Italy)

  • Purchase condominium in Chicago

  • Get daughter to do some activities

  • Start side business with daughter

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Ep 139 - How the Corona Virus is Affecting Business in China

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

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Ep 138 - Hiring, Managing, and Firing Chinese Employees

In this episode, Rico and Jordan talk about the digital marketing industry in Southeast Asia particularly in the Philippines where e-commerce has been thriving in recent years.

Topics include:

  • Advantages of doing business in the Philippines

  • The growing e-commerce in the Philippines 

  • First Client: Low Budget, High Level Result

  • Why getting clients for the money is a bad move

  • Biggest misconception about digital marketing

  • Practical advice for launching a brand

  • Budget Talk: How much to set aside for marketing and brand launch 

  • Identifying the best product to sell

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Ep 137 - Running A Digital Marketing Agency In SEA with Jordan Glickman

In this episode, Rico and Jordan talk about the digital marketing industry in Southeast Asia particularly in the Philippines where e-commerce has been thriving in recent years.

Topics include:

  • Advantages of doing business in the Philippines

  • The growing e-commerce in the Philippines 

  • First Client: Low Budget, High Level Result

  • Why getting clients for the money is a bad move

  • Biggest misconception about digital marketing

  • Practical advice for launching a brand

  • Budget Talk: How much to set aside for marketing and brand launch 

  • Identifying the best product to sell

Read More
Ep 136- Youtube and Webinar Q&A Part 2
  • On this episode, Part 2 of where Rico Continues to answers questions and gives his advice on topics such as taxes and his process on working with suppliers.

    Topics incl:

    • Export taxes

    • Rico’s process on working with suppliers

    • Registering your business in Mainland China

    • Significant representatives in a company

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Ep 135 - E-commerce & Sourcing in China 2020 w/ Mark Ramos
  • In This Episode, Rico Brings back Mark Ramos for another Conversation about China's E- Commerce Status and their Projections for the Upcoming Year. 

    Topics incl:

    • 2020 vs 2019: Competition between the big scale and small scale entrepreneurs.

    • China's Systemized Culture

    • Amazon Selling at present day Compared when it started out

    • Focusing on  Branding and Marketing

    • Product Tip: Create a Product and build a community around it

    • Crowdfunding & Inviting Investors

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Ep 134 - Rico's Favorite music of the Decade Pt 2
  • Here’s the continuation to RIco’s Most Influential Music of the Decade, He continues to Share his Affinity for Drake, Rick Ross Appeal as “The Boss”, Discovering Childish Gambino’s Versatile Talents and Other Hip Hop Artists and Tracks That had make a Big Impact on his Life.

    Topics incl:

    • Drake’s Degrassi days and rise to mainstream

    • Toronto hip-hop scene

    • The Game

    • Childish Gambino on Community and his music career

    • Rick Ross “The Boss” Entrepreneur

    • Tyler, The Creator’s ‘Goblin’ album

Read More
SFA's Webinar : 5 Simple Steps to Get Customers to Pay for Your First Production Order

Join us and learn...

  • The secret to building a lasting and meaningful eCommerce business

  • The framework for launching your product and brand to a raving fan base of new customers

  • The method used by new and experienced ecom business owners for starting a new product or brand without significant sums of money upfront

  • The “pre-sale risk advantage” for running an inventory based business

  • Ask ANY QUESTION about eCommerce for YOUR brand or product!!

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Ep 133 - Rico's Favorite music of the Decade Pt 1

In this episode, Rico and ChinaMike Reflects on China's Entrepreneur Landscape during the decade. They discuss different online campaigns, factory stories, lifestyle changes, security procedures, and other observations of many changes that have occured in the last 10 years.

  • Topics incl:

    • Crowdfunding craze, peak, plateau and current

    • Rise of E-commerce / Drop shipping SMEs

    • Rise of Amazon FBA/ Factories Adaptation to smaller orders

    • Chinese e-commerce sellers online local / abroad

    • Local online shopping off the charts / factories don’t need foreign buyers as much

    • Rise of the Chinese economy / cost of living / lifestyle / cost of goods

    • Rise of IOT / tech in general manufacturing / heavy government investement

    • Heavy government investment into making factories more environmentally / socially compliant on a global scale

    • Western Influence on younger generations / more interracial marriages/ factories being more educated

    • Trade War between US & China since Trump’s election

    • China cracking down on foreigners in their country

    • Mass Exodus of well established foreign businesses & people from china in the last 2 - 3 years

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Ep 132 - Biggest China Manufacturing Changes of the Decade

In this episode, Rico and ChinaMike Reflects on China's Entrepreneur Landscape during the decade. They discuss different online campaigns, factory stories, lifestyle changes, security procedures, and other observations of many changes that have occured in the last 10 years.

  • Topics incl:

    • Crowdfunding craze, peak, plateau and current

    • Rise of E-commerce / Drop shipping SMEs

    • Rise of Amazon FBA/ Factories Adaptation to smaller orders

    • Chinese e-commerce sellers online local / abroad

    • Local online shopping off the charts / factories don’t need foreign buyers as much

    • Rise of the Chinese economy / cost of living / lifestyle / cost of goods

    • Rise of IOT / tech in general manufacturing / heavy government investement

    • Heavy government investment into making factories more environmentally / socially compliant on a global scale

    • Western Influence on younger generations / more interracial marriages/ factories being more educated

    • Trade War between US & China since Trump’s election

    • China cracking down on foreigners in their country

    • Mass Exodus of well established foreign businesses & people from china in the last 2 - 3 years

Read More
Ep 131- Youtube and Webinar Q&A Part 1

On this episode, Rico answers questions and gives his advice on topics such as taxes and his process on working with suppliers.

Topics incl:

  • Export taxes

  • Rico’s process on working with suppliers

  • Registering your business in Mainland China

  • Significant representatives in a company

Read More
Ep 130- How Rico Searches Alibaba for Factories

Happy New Year! As we welcome the year, we present a replay episode from a Youtube webinar regarding Searching for a Manufacturing Factory using Alibaba. Rico gives us a walkthrough and tips on how to successful find the right Factory for your Product

Topics incl:

  • Use non specific Keywords on Search

  • Start by looking at preferred designs 

  • Choosing factories with more information on company's profile

  • What an email should like to a chinese manufacturer

  • Fixing the language barrier issue

  • Production process of PVC Toys

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Ep 129 - Deep Dive on Quality Control

On this episode Rico answers a viewer’s questions on selling on Chinese E-Commerce platforms. He also discussed the differences in putting up a business in Hong Kong and Mainland China; and buying & selling products online.

Let’s listen and Learn

Topics incl:

  • Difference on the scope of Hong Kong and Mainland China on business

  • Process of putting up a business account on online platforms such as WeChat, JD and Taobao.

  • Selling factories’ products online

  • China’s state on buying and selling products online

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Ep 128 - Selling on China's E-Commerce Platform

On this episode Rico answers a viewer’s questions on selling on Chinese E-Commerce platforms. He also discussed the differences in putting up a business in Hong Kong and Mainland China; and buying & selling products online.

Let’s listen and Learn

Topics incl:

  • Difference on the scope of Hong Kong and Mainland China on business

  • Process of putting up a business account on online platforms such as WeChat, JD and Taobao.

  • Selling factories’ products online

  • China’s state on buying and selling products online

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Ep 127 - Update on Don't Get Sued! Be wary of borrowing money in China. / Rico's Life and Biz

In this podcast episode, we get an Update from John Graham Harper about his personal experience of a scam and the court procedures regarding the case filed. We also talk about his plans to spread awareness and tell his story. Then after we will continue the Episode to find out what rico’s been up to with his Personal and Business Life.

Stay Tuned!

Topics incl:

His experience of a scam

Court procedures in China

Plans of making a documentary to expose the scam

Funding through Patreon page and GoGet Funding

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Ep 126 - Yiwu vs Guangzhou For Manufacturing

In This Episode, we cut from a youtube video Rico had Released to Answer a Question asked by a Viewer regards to Manufacturing at Yiwu Vs Guangzhou. Rico Expounds and explained the differences between the 2 cities and what it can offer for every individual.

Topics incl:

Yiwu - Canton Fair All year Round

Guangzhou - Caters to More Professional Brands, and best for Original Design Products

Expat Communities In Shenzen and Hong Kong as oppose to Shanghai

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Ep 125-Internship at Source Find Asia w/Luc Delannoy

In This Episode, We hear from Luc during his Exit Interview, hours before he heads back to Canada. He shares his takeaways from the internship and the Entrepreneurial lessons gained from Travelling to China and the South East.

Let's Listen in to his "tell all" interview.   .

Topics incl:

Internship Experience with RICO

Guangzhou vs Manila

Takeaways from the trips

The advantage of getting someone from the west

Most Challenging part of Managing Freelancers Remotely

JUST DO IT and Come to China

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Ep 124 - Sourcing and Launching an Apparel Brand w Alan Scanlan

In this Week’s Episode, Rico reconnects with Alan Scanlan, who we can remember from 2 Video Cast from End of Last Year. Here they talk further details about Alan’s Business, Millenials and Hong Kong’s Politics.

Topics incl:

  • Dealing with business disappointments

  • Making business connections in Hong Kong

  • Working mentality of millenials

  • How Hong Kong unrest affects life and business

  • Difficulty penetrating the US market

  • Doing trade shows

    Source Find Asia Webinar

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Ep 123 - Navigating Digital Mindfulness w/ Alexander Avanth

While In Manila at the Refined, Rico Sits Down with Alexander Avanth, VP of Alpha Rock Capital, an Online Acquisition Firm that Helps Other Business Be Successful even Further. He shares his Entrepreneurial visions, Travel Stories, and the Business Potential and Opportunities that's opening up in the Philippines.

Let’s join in and listen to the inspiring conversation.

Topics incl:

  • The Business of Consultancy and Accelerating other Existing Online Companies

  • The start of his Technology Entrepreneurial Career

  • Student Mentality and Curiosity, the eagerness to learn everyday

  • Coming to the Philippines

  • Filipino Culture: the Fine Line of a professional and personal relationship

  • The FInancial Potential of the Country

  • Loving the Philippines

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