EP 232 - Taking It to the Next Level With Discord

DESCRIPTION

Rico and China Mike come up with the idea to provide better support to their followers consistently. Through Discord, members will have exclusive access to special contents — the latest China updates, strategies, workflow, and more. All information and assistance will be available whatever your timezone is.

POINTS OF DISCUSSION

  • Working with SMEs to larger companies

  • Inability to travel and meet face to face that transitions to outsourcing

  • Quality vs Quantity (employees and clients wise)

  • Launching Discord

  • Discord membership and channels

  • Discord discussions, chats, calls, and live streaming

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EP 231 - Getting back on track after COVID

DESCRIPTION

Rico and China Mike talk about the struggles they went through during COVID that hindered the consistency of podcasts for Source Find Asia. They also share how personal issues of people during pandemic impacted their availability to work and do business.

POINTS OF DISCUSSION

  • Getting people and delegating works

  • When great employees start to crack

  • Reasons why tasks are left undone

  • Meeting and talking to people in person versus online

  • Making use of old recordings for contents

  • Finding reliable people for the job

  • Getting calls and comments from people waiting for new contents

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EP 230 - Working with Events Company with Alan Scanlan Part 2

Description

Part 2. Due to Covid, events company, Event Fuel, ventured into digital events. They tapped Source Find Asia for their giveaways. In this episode, Rico and Alan talk about their experience so far working with the Irish company.

Points of Discussion

  • Finding clients through industry-specific websites

  • Getting clients from the podcast

  • Tapping established networks in China

  • How vital factory visit is nowadays

  • Virtual conference experience

  • Face to face events will come back

  • Evolving the sourcing office

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EP 229 - Working with Events Company with Alan Scanlan Part 1

Description

Part 1. Due to Covid, events company, Event Fuel, ventured into digital events. They tapped Source Find Asia for their giveaways. In this episode, Rico and Alan talk about their experience so far working with the Irish company.

Points of Discussion

  • Major issue to deal with at the beginning

  • Doing quality control on the products

  • Helping the company save a lot of money

  • Payment methods for suppliers without international licenses in Mainland China

  • Business lessons from Covid

  • Adjusting the business model due to corona

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EP 228 - Building a Multi-Million Dollar Amazon Business Part 4

Description

With millions of existing businesses around the globe, what will make you thrive? In this episode, Cory tells Rico about being a remarkable entrepreneur, plus the books that inspire him.

Points of Discussion

  • Meeting other entrepreneurs and their impact on Cory

  • Running Woodies on autopilot

  • Doing other businesses while exploring other interests

  • Being an efficient businessman: working on things that count over and over and are always useful

  • Cory’s Game Changer books

  • How covid affected his business

  • Making your business remarkable

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EP 227 - Building a Multi-Million Dollar Amazon Business Part 3

Description

Running a business is hugely demanding in many ways. In this third part of Rico with Cory Stout, he tells of the key people who help him with the business and how they make life a lot easier for him.

Points of Discussion

  • Finding the right tools for your business

  • Automate your business

  • What happened when his mother handled the customer service

  • Why Cory recommends hiring Filipino VA

  • Spending time in China

  • Changes brought by commerce in China

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EP 226 - Building a Multi-Million Dollar Amazon Business Part 2

Description

Part 2 of Rico with Cory Stout, owner of Woodies Sunglasses. For Cory, having a vision and flexibility enabled him to achieve his business goals. If you’re a budding entrepreneur, you wouldn’t want to miss this episode.

Points of Discussion

  • Working with Kendall Jenner for a photoshoot

  • Selling outside Amazon

  • Why new e-commerce entrepreneurs should start on Amazon

  • Achieving his first 6-figure sales

  • What to sell on Amazon

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EP 225 - Building a Multi-Million Dollar Amazon Business Part 1

Description

Rico chats with Cory Stout, owner of eco-friendly sunglasses, Woodies. Cory shares how he started selling products at Amazon which now earns 7 figures annually. Listen to the practical tips he shares in this episode.

Points of Discussion:

  • How Woodies started

  • Jumping to Amazon

  • Comparing Amazon then and now

  • Amazon as a great business platform

  • How Woodies started getting more sales

  • Sustaining the growth over the years

  • A “Most Important” area that many Amazon sellers don’t pay attention to

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EP 224 - What A New Buyer On A Small Budget Should Know Before Buying From China Part 2

Description:

This is Part 2 of Rico at Renaud Anjoran’s podcast. They talk about entrepreneurs planning to get started with manufacturing in China but ON A TIGHT BUDGET.


Maybe you’re one of them and having the same questions as:

How do you reduce the cost?

Should you hire consultants or just do it yourself?

What budget do you need?

Discussion Points:

  • Taking responsibility for your own product approval process.

  • Before you start production…

  • Which products are not for you if you are a first-time manufacturer on a budget.

  • How adherence to compliance regulations can be expensive.

  • Packaging compliance

  • Shipping & Logistics

Renaud Anjoran is the CEO of Sofeast Ltd which helps companies to develop their own products. Links in the resource section.

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EP 223 - What A New Buyer On A Small Budget Should Know Before Buying From China Part 1

Description:

Rico is a guest at Renaud Anjoran’s podcast. They talk about entrepreneurs planning to get started with manufacturing in China but ON A TIGHT BUDGET.

Maybe you’re one of them and having the same questions as:

How do you reduce the cost?

Should you hire consultants or just do it yourself?

What budget do you need?

Learn these and more in this 2-part episode and be better equipped for the future!

Points of Discussion

  • How to develop a new product on a low budget?

  • The stair-step approach to manufacturing.

  • Sourcing & vetting suppliers

  • Sourcing tips from Renaud and Rico when on a low budget.

  • What are the basic terms you'll need to set with the supplier you select?

Renaud Anjoran is the CEO of Sofeast Ltd which helps companies to develop their own products. Links in the resource section.

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EP 222 - Rico on Leaders with a Heart Podcast Part 2

Description:

Part 2 of Rico on Leaders with a Heart Podcast. In this episode, Rico talks more about his Asian adventures and why he loves living in Southeast Asia!

If you’re embarking on a same journey towards the East, don’t miss this podcast!

Highlights:

  • Pulling off huge orders. How did Rico do it?

  • Cause Rico is passionate about

  • Why Rico wants to keep the Philippines a secret

  • The unbelievable price of comfortable living in Asia

  • Smallest thing that gave Rico the biggest impact on business

  • What are Rico’s superpower, mission, and purpose?

  • About starting small

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EP 221 - Rico on Leaders with a Heart Podcast

Description:

Get to know Rico in this interview with Payman Lorenzo — not only the entrepreneur from Canada but some personal stuff as well.

If you need some dose of inspiration to fire you up, then this is for you!

Highlights:

  • Leaving Canada for an adventure in Asia

  • The thing that shocked Rico about China

  • The entrepreneurial spirit of the Chinese

  • What Rico misses in China

  • Rico answers what makes him — happy, smile, come alive, sad, scared

  • Rico’s dream as a child

  • What kept Rico going in his lowest moments in China

  • Get to know SFA Digital Summit

  • SFA ideal clients

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EP 220 - Getting Professional Product Photos in China

Description:

Professional-looking product photos add value to your e-commerce business. But professional can also mean expensive! Not in China. In this episode, Rico shares how to save money on professional product photos in China.

Highlights:

  • Advantage of living in Southeast Asia for entrepreneurs

  • How professional photoshoots are done in China

  • Hiring models

  • Steps in hiring photographers / doing photography shoots

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EP 219 - Life and Business in China with Michael Michelini Part 2

Description:

Second part of Rico with Michael Michelini of Global From Asia. They touch on scams and doing events online.


Highlights:

  • When the shipment is not what you expected

  • Doing a virtual networking event

  • Looking into the future - VR events

  • Mike’s exciting new ventures - VPN, Cryptocurrency

  • Post COVID plans

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EP 218 - Life and Business in China Today with Michael Michelini

Description:

In this episode, Rico chats with his friend Michael Michelini of Global From Asia about life in China, business, and COVID.


Highlights:

  • How China has changed in a decade

  • E-commerce in China

  • How China treats foreigners

  • US-China relationship

  • Surprising change in the immigration

  • Mike’s business amidst COVID

  • WeChat story that almost robbed Mike of a business opportunity

  • Smart move on how Filipinos start Amazon business

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EP 217 - Choosing the Right Factory for your Business

Description:

You’re starting your business. You’re choosing which factory to partner with. Before getting on that stage, Rico shares his expertise on this subject.

Highlights:

  • Is working with a larger factory better?

  • Questions to ask a factory

  • Understanding the production timeline

  • Specialization and experience of the factory

  • Factories to avoid — those selling on amazon

  • Certification for your product

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EP 216 - When You Should Hire A Sourcing Agent

Description:

Maybe you’re considering hiring a sourcing agent for your business. Then, this episode is for you! Rico talks about when you should get the service of an agent.

Highlights:

  • Is it the right time to hire an agent?

  • When you shouldn’t hire a sourcing agent

  • Things to keep in mind when working with an agent

  • The best way to find sourcing agents

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EP 215 - Why WeChat is Crucial in Business in China?

Description:

Email remains to be essential in business. But in China, it's no longer the main form of communication. In today's podcast, Rico talks about WeChat, China's "super app" and its importance in doing business there.

Episode Highlights:

- Get to know WeChat and the functions that make it the "Super App".

- WeChat business accounts

- Main benefit of WeChat for business

- Creating WeChat groups with the manufacturers and clients

- Don't shift 100% to WeChat

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EP 214 - Sourcing in Emerging Markets in Asia

Description:

This is Part 2 of the Global Sources’ MATCH Event episode where Rico and Mike talk more about sourcing in China. Also, in this podcast, we’ll get information on sourcing in emerging markets in Asia.


Discussion on:

  • Negotiating strategy for suppliers in India, Vietnam

  • Logistics advice for sourcing in Vietnam and India

  • Questions about Compliance Certification

  • Where to find suppliers for small quantity orders

  • Standard payment terms for suppliers

  • Drawbacks in sourcing from countries outside China

  • Sourcing trends for 2021 - moving out of China

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EP 213 - SPIE Method Presentation Global Sources MATCH (Videocast)

Description: At Global Sources’ MATCH Event, Mike and Rico presented the SPIE Method, making its first debut in webinar form. Please take note that this is a videocast.

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