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
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
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
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
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
20% increase of sales revenue 7% increase of profit : Controlling the expenses
Social Media Goals/ youtube video goals
Get an intern
Youtube ads to result in 5 figure revenue
Revamping the website
Organizing Meet Ups
Batman goals : Stay in the Philippines concurrently; and learn MMA
Mike's 2019 Goals
Audio Books
Getting to Africa
Meditation, Wellness retreat
Getting quality Interviews on the podcast
Social up!
Running a successful meetup.
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
20% increase of sales revenue 7% increase of profit : Controlling the expenses
Social Media Goals/ youtube video goals
Get an intern
Youtube ads to result in 5 figure revenue
Revamping the website
Organizing Meet Ups
Batman goals : Stay in the Philippines concurrently; and learn MMA
Mike's 2019 Goals
Audio Books
Getting to Africa
Meditation, Wellness retreat
Getting quality Interviews on the podcast
Social up!
Running a successful meetup.
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
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!
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
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
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
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
Happy 2018 & Happy Anniversary Made in China Podcast! Episode 50!
This time you will have a chance to hear Rico’s and ChinaMike’s choices for their top 5 episodes of the Made in China Podcast (Rico cheated with "honorable mentions"). You will hear what was the most fun for them, from whom they learned a lot and how their have guests affected their business and lives. Enjoy!
Read More
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)
In this episode Rico interviews his marketing intern Marcello Di Pierro, aspiring entrepenur and future marketing expert.
Topics Incl:
- Why China?
- How did he came across Rico?
- "Oh Fuck it! I`m going to China!"
- First weeks in the office
- The power of video
- Plans for the future
- What changes moving to another country brings
Second part of our interview with Nick Ramil, founder of Enter China and founding team member of Brinc.io
Topics incl:
- Why Rico stepped down from Enter China
- How to start networking in China
- 4 pillars of entrepreneurship mindset
- Reading people as a life skill
- "To do Lists and MUST Do Lists"
- Visualisation and Affirmation techniques
- Journaling and Role Models
In this episode, Rico chats with CrossFit trainer/entrepreneur Gus Mello, co-founder of HELE Fitness in Hawaii while sitting on the 91st floor of the Park Hyatt in Shanghai (hope you like the deep house in the background).
Topics Include:
- Traveling to 5 different cities in China in 10 Days
- Being an SFA client
- How to look like a dude?
- The CrossFit Equipment Business Philosophy
- Why come to China when you have people there?
In this episode Nick Nerov, a big time Amazon FBA player making 5 figures a month in profit (USD) selling on the platform - will share pearls of wisdom with Rico and his listeners. These two good friends will share advice, laughs and experience.
Topics Incl:
- The Spirit of the Entrepreneur
- First steps to get on Amazon.
- Bro-Hands...
- What do when the FBA goldrush ends
- The nuts and bolts of business growth
- Importance of good suppliers
- Praising Rico!!!
- Rico EXPOSED!!!