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My Friend on the Street in Shanghai
It's the smallest gestures that often go the farthest toward helping another and oneself in the process. This is a story of a "poor" fellow on the streets of Shanghai who made my day by allowing me to help make his.

China Secures Gas Supply From Turkmenistan: Who’s the True Winner?
A look at the Central Asia–China gas pipeline that links Turkmenistan’s natural gas fields on the Caspian Sea to the Western Chinese border in the Xinjiang province. It also analyses the impact this has on Russia, China, Turkmenistan and what this means for Gazprom.

Hedging Your Bets
Anyone can grow an international business today because of all the tools that are available to them. In the next five years commerce and communication are going to merge globally and many billionaires will be made. It will be up to you to be part of this new group of entrepreneurs and billionaires and make the next 10 years be the years that set you apart from the crowd.

Global Economy

Why is that when the concept of network marketing is introduced to the majority of individuals in the U.S. it is met with skepticism and doubt. Is it because people won’t give it a chance or open their thinking to what it offers. In other cultures they seem to look at it as a way to change their lives and they are willing to do whatever it takes to make that happen. Perhaps it’s because a couple of hundred dollars to a few thousand dollars a month will make a huge change in their lives; whereas, people in the U.S. are looking for an even bigger incentive and waiting for that ‘easy way’ to come along, unwilling to commit to doing whatever it would take to change their lives.

Thoughts On Google And China

Google’s decision to second-guess its relationship with China has raised some interesting questions recently. Namely, whether Google’s decision sprang from their moral opposition to censorship, or simply from a decreased financial interest in a country with a much more popular search engine, known as Baidu. So far, the controversy appears to be more of a commercial, as opposed to a political dilemma. A private, business-related concern. But whenever the question of morality, of a battle between good (Google) and evil, comes into play in the news, you can be sure that the blogosphere will start freaking out.

SHANGHAI - GATEWAY TO BUSINESS IN CHINA

With the sixth largest economy in the world, continued annual growth of nearly 10% and a 1.3 billion people strong population, Big Dragon China has developed a reputation as the “great new market”. A majority of multi-nationals are already in China while small to mid-size firms around the globe are rallying to get on board. Succeeding in China, however, is not without challenge and many companies fail. To be successful, a company must act intelligently. Intelligence means seeking expert advice, ensuring the opportunity is real and entering China through a developed regional market or “gateway” if you will. For most products and services, our gateway of choice is Shanghai.

Know Your Product's Value before Attempting Export Sales to China
Export selling is not a "slam-dunk" proposition and most products from abroad cannot compete in China. Before spending to much time and money on selling your product in China, there are a few things you should consider and do to ensure you have a chance at success. Herein, we touch on the most important ones.

Facing the Facts about Face in China

In China, the concept "face" influences all levels of society and business. It is similar to the western concept of pride yet different. As a westerner I feel pride once I accomplish something I've been working on, often whether others know of my accomplishment or not. Of course if others acknowledge my achievement, it serves to elevate my feeling of personal satisfaction. On the other hand, "face" is definitely a "public opinion" oriented concept, one that depends upon the respect and acknowledgement of another or others. So it's not so much "what I know about me" as much as it is "what others believe about me."

Ten Tips for Selling B2B in China
As the world economy struggles to recover, China continues grow due to strategic infrastructure investments by the Chinese government. Companies with products or technologies that support the government's agenda may have major opportunities. But, selling in China is filled with challenges and expert guidance is advisable. As a beginning, we offer ten key point (tips) for your consideration.

Lesson #1: Keep The Entrepreneurial Spirit Alive
“In the 1970s, I filled my ranks with managers from all different walks of life who generally were very savvy to the ways of big business,” recalls Vernon, “and they almost killed us.”

Lesson #2: Dream Big
In his book “Pour Your Heart into it: How Starbucks Built a Company One Cup at a Time,” Schultz put forward this challenge to fellow business owners: “Care more than others think wise. Risk more than others think safe. Dream more than others think practical. Expect more than others think possible.”

Dov Charney Quotes
Dov Charney Quotes

Five Questions that Will Let You Spot a VC Bluffer
Many -- okay, most -- VCs aren't paying attention during pitches. Either they've already decided they don't like the deal and haven't told you, or they are distracted by email, or something else, but the upshot is the same: They are bluffing, so they start spewing non sequitur questions.

China's Boomtowns
The current National Geographic has a fascinating feature on capitalism in China's boomtowns, cities like Lishui that are growing so fast that city planners have razed 108 hilltops to accomodate the runaway growth.

Is Canada the New China for VCs? Or Just the New Colorado?

Granted, it's a tiny market, but with the disappearance of most of the tax-advantaged venture capital firms from the Canadian market it's interesting to see that U.S. venture firms are increasingly driving things. There was 21% growth year-over-year in Canadian venture investment, but that was largely a function of the growing dominance of U.S. VCs in the Canadian market, with such firms now accounting for more than half of investment spending in Ontario, Canadian's largest venture market.

Wrong. 30 Times Over.

While on holiday in New Zealand ... I got to thinking. As time goes by, "one" (me) tends to complexify one's approach to almost everything. The innocence (and clarity) of "days gone by" is blurred. I know that I am "guilty as charged." (By me.) And I think most of the other "gurus" (horrid term, but it's become part of the biz language) have also gotten away from reality. Hence, I began taking notes for a book-like "thing" that is not, in fact, a book. I titled it:

Scary!
Scariest start of an article award 2010, from yesterday's New York Times:

China is a Charade
As I've warned before, China is the power to watch, and for a variety of reasons.

Is it Time for You to Start Selling in China?
China is still filled with opportunities for companies with the right products, especially those that support the government’s “strategic needs”. Now could be a good time for your company to consider entering China.

Low-Price Buyers Drive Poor Chinese Product Quality
Overall, Chinese manufacturers have come a long way in moving up the product quality ladder. While some produce at world-class levels other continue to produce substandard products. On major factor in poor Chinese product quality is the western buyer's push for lower and lower prices.

Tied Up and Gagged by China's New Labor Law
I feel the new Chinese labor law has us tied up and gagged all in the name of protecting "the employee". Unfortunately, the inability to quickly part with an underperforming employee is hurting our company and all our other employees. Another Chinese case of spend a dollar to save a dime, or as they say in China, 因小失大.

Soros: It's Up To China
From yesterday's FT, George Soros arguing that China holds the keys:

SME's - Africa versus the Far East
Do the Far Eastern countries have an advantage over African countries?

SME's - WIll China be the next colonial power in Africa
What is China's role in Africa?

Profitable Online Business Ideas and the Recession; In-Home Business or a Job
A job or working for someone else is a way to put food on the table. It pays most of the bills, but most of the time not all of them. We are taught that’s what we need to do, work a job. But in today’s business climate and economy, is it really the financially smart thing to do? In this article I’d like to look at the differences between a job and your own home based business.

International Marketing - Engaging Consulting Firms
How can a business owner tap into new consumer bases to strengthen her company? A business owner can find new consumer bases by expanding into international markets, especially in the markets of India, China, and western Africa. All that is required is asking for help from a management consulting firm specializing in international marketing.

Why you have to love Tech Stocks!
As someone who spent a lot of time as a Financial Planner after the Tech Bubble in the late 90’s, it is not easy to say you have to love Tech stocks. Why? Because, the Tech market of the late 90’s became the poster child of what not to do when investing. It became a cliché for anyone who taught people how to diversify and be a balanced investor.

Top Online Business Opportunity
Learn about how the internet has enabled people to get involved in direct online marketing while working from home

Central Cottage Industries Corporation of India (CCIC) plans to open overseas franchise crafts outlet in China
Central Cottage Industries Corporation of India (CCIC) explores the possibility of opening a franchise showroom in the Chinese capital, Beijing, said the CCIC Managing Director Mr. MA Ibrahimi. Indian art objects, especially the Thangka paintings, and hand-made gift items are among the favorites of Chinese people, he added.

6 Simple Steps To Naming Your Lifestyle Business
If you are ready to start your own lifestyle business, but stuck on finding a good name for it or just wondering how to come up with a catchy name that hasn't been taken yet, you'll find your answers here. These six simple steps will help you find a great name for your business - something fitting, catchy and not boring.

Learn How Walmart Made Joey a Millionaire!
Discover how selling your product to Walmart can make you a lot of money as it did for Joey..

Getting Paid
Getting work is not automatic, and so is getting paid after you've done your work.

Promotional Mugs – An Everyday Item
The promotional mugs are one of the most effective and inexpensive corporate promotional products. No matter whatever your business is, these promotional mugs suit your promotional requirements. Over the years these mugs have proved to be a leading promotional product. They have become a popular promotional gift for both the corporate audience and the non corporate audience.

Obama Stock Analyst Turned Currency Analyst
China's calling for a super reserve currency as the Fed and Treasury stack on trillions of dollars in US debt. While I don't think China will get their wish for a new global reserve currency anytime soon, I feel their pain. Once foreigners stop buying our debt, we're in big trouble!

Managing in China Without Coaching

- Published by CONCHIUS in Shanghai Star Business Journal 31 March, 2008. In most Western countries, leaders are used to working in an environment where the employees are highly participating in meetings and contributing their opinions and experiences to the decision making process. A Western employee feels comfortable to argue for their beliefs and to share opinions in meetings with superiors. Furthermore, a manager in the West is not necessarily assumed to be an expert in his field or industry. On the contrary, he is supposed to utilize the knowledge in his team in decisions and projects. The Western managers are therefore used to lead highly interactive teams relying heavily on two-way communication. When a team achieves strong synergy, he can and will step down. The team becomes creative and manage it-self.

How to Deal With Emotional Employees

- Published in 'Engaging the 80's generation' - CONCHIUS 1 June, 2010. Many managers in China are concerned with the 80’s generation lack of self-control, often describing them as “too emotional” and not treating each other with respect. One of the main reasons for this is that being from the single-child generation; the 80’s generation have little experience handling emotions and set-backs. Employees who become very emotional will often bring out emotional responses from their managers. Being a successful manager, you must be able to control these situations when they occur. There are 3 basic rules for handling difficult people in general: 1. Be assertive 2. Keep calm, and 3. Use non-confrontational feedback

The "Spare Room Tycoon" As An Independent Entrepreneur
James Chan defines the meaning and spirit of the "spare room tycoon," a name he created to describe the mind and mindset of independent entrepreneurs.

What Do Men in China Do?
A secret of men's lives in China.

Selling to China Is An Uphill Battle But You Can Succeed
Consultant Dr. James Chan offers seven secrets to selling American-made products and services to China.

The High Price of Gas Four Ways the Idea of Your Business Can Cost You Everything
Last week I was exercising in the canyons of Southern California by climbing hundreds of stairs. I love being away from my business because I’m fr*ee to expand for at least 60 minutes. Out of the blue an idea for a completely new product came into my mind and it wouldn’t leave.

Asia Rise in Global Crisis - Managing post-crisis and Trends to watch

The sub-prime scheme conceived in the 1990s to make homes more affordable was filled with potential pitfalls. Socialistic measures simply could not fit into the capitalistic system. Furthermore, eager homebuyers were fooled by Wall Street sophistication who expounded the false assumption that home prices would keep on rising at an average 8% per year in the United States. Expectations were boosted by easy loans with cheap interest.

You Have to Connect to Sell
Do you have something lots of people need and want? Great. How will they know about it? How will they know to buy from you?

Don't just sit there, phone someone!
Many sales people dislike prospecting. For some that is face to face prospecting and for others it is prospecting on the telephone. I've identified the factors that make the difference between a successful prospector and a sales person who hate prospecting. Prospecting is a skill. Once you develop these skills, prospecting is easy.

Doesn\'t add up: US export price versus Chinese end-user price

When selling in China, price is always an issue. This is why it is critical to analyze and understand the export price versus Chinese end-user price when planning to export sell to China. To the Chinese, "landed" price is what really counts. Landed price is total cost paid to import and obtain your product. So what's the difference between your export price and what the Chinese end-user pays for your product? This article details a simple yet revealing example.

What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 19)
There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives. What in your own experiences and opionions are the top 3 issues that procurement professionals face?

What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 15)
There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives. What in your own experiences and opionions are the top 3 issues that procurement professionals face?

What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 13)
There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives. What in your own experiences and opionions are the top 3 issues that procurement professionals face?

The High Price of Gas Four Ways the Idea of Your Business Can Cost You Everything
Last week I was exercising in the canyons of Southern California by climbing hundreds of stairs. I love being away from my business because I’m fr*ee to expand for at least 60 minutes. Out of the blue an idea for a completely new product came into my mind and it wouldn’t leave.

No More Secrets
In personal develop there’s a lot of promotion around “secrets.” That was once true in the martial arts community as well...

Freebie Marketing Case Study - Standard Oil In China

The case of Standard Oil in China is an interesting one, particularly from the perspective of freebie marketing. Standard Oil had a monopoly in the American market, and was looking to expand its business by branching out into the Chinese market. Standard Oil's owner, John D. Rockefeller, along with other executives from the company, decided to give away eight million kerosene lamps for free or reduced prices. By doing so, they in essence created a market for their oil in China. The company most certainly lost money at the outset by giving lamps away for free or for less than they were worth, but they more than made up for the lost revenue once Chinese customers began purchasing oil for these lamps from Standard Oil. China went on to become Standard Oil's largest market in Asia.

A retirement plan for African leaders, Mo Ibrahim
African leaders, Ibrahim (says), look to retirement as they would to the edge of a cliff, beyond which lies a dizzying fall towards retribution and relative poverty.

Standard Oil In China - Freebie Marketing Case Study
As you develop a business today, it still pays to look to the past. Perhaps one of the best freebie marketing case studies of all time, Standard Oil in China shows how freebie marketing can create a huge demand for a product. Freebie marketing is not based on giving away just a sample; it is actually a method of reeling in a market that keeps buying for years.

From 99 cents to $967.64 on eBay - Oh My!

When I first started selling stuff around my office on eBay I was so naive. The success in selling those things encouraged me. However, what I soon learned was something that blew me away. After selling all the unused things around my office and home I figured out how to buy things on eBay for 99 cents and resell them for 500% profit! And I was doing this part time before and after my full time job. Then I found out I could import things from China. My bank account was growing enough to pay off our mortgage and be Debt-Free! I wanted to tell others how they can become Debt-Free as well. The snow ball kept growing...

Insights from a another sales effort in China
Forgetting Chinese are very different from ourselves, Americans attempt selling to Chinese as they do with other Americans. When they fail to succeed, they can only return home befuddled by what may have gone wrong. Here is a story about a real-life sales situation in China, one that I hope will give you more insights to add to your quiver.

Population Perspectives
If we want to be successful and relevant in the future, we've got to understand the way the world really is and, more importantly, the way it will be in the future. Unless you force yourself to step back and take a global look at everything around you, you will make the mistake of assuming everyone in the world looks, acts, and thinks like you.

Facebook … The Next Best Thing to Buy, Like

Telly's old TV line was "Who Luvs Ya Baby!" but today what the heck life is flying by so fast we'll settle for a Like! Sure it started out just for people but companies, products have feelings to so they need to be liked (truthfully they'll settle for your buying them). What's a like worth? Well if you're a "social media expert" probably a lot. If you're just a guy/gal? Maybe a like you back. If you're a company, product, service? Just don't unlike us cause we can't stand rejection. The big winner is Zuck because he's just added another page to the stuff he keeps on you to sell to "interested" parties...life is grand!!!!

1.5 Globalization trends and implications: Economic Report on Africa 2007
Trade remains uneven

1.4 World prices for African commodities: Economic Report on Africa 2007
Commodity prices on the increase

1.4 World prices for African commodities: Economic Report on Africa 2007
Commodity prices on the increase

Want a $16/hr job?
For several years we’ve heard the horror stories – about how American companies are moving all their operations to other countries to save money on labor costs. Why would a company continue to pay $14/hr when you can find people willing to work for $4hr? And all the American jobs are being lost overseas?

Search Engine Optimization for Baidu
With rapid growth of economy and Internet usage in Mainland China, Internet marketers should start to think about tapping into this region through effective search engine optimization techniques.

Financial Fact and Fiction

It is difficult to make good financial decisions even under the best of circumstances. There are a myriad of tools and an endless supply of information available to us, but it's difficult to sift through the debris and get to the true treasures that lie underneath. In listening to one of the recent political debates, one candidate who felt his opponent was bending the truth was heard to say, "My opponent is certainly entitled to his own opinion, but he is not entitled to his own facts."

III. B. State Financial Institutions: THE ROLE OF CHINA’S PUBLIC SECTOR
Among the large number of state-owned financial institutions, China Exim Bank and China Development Bank (CDB) are the two primary agencies implementing China’s new pledge to Africa; the former is responsible for the preferential credit component (US$5 billion) and the latter for the FDI support fund (US$5 billion).

Dollar Falls As China Buys Up Commodities! Euro & Aussie to Benefit!
China is stockpiling commodities as part of a reallocation of its sovereign wealth amid concern that its dollar assets may decline! China is one of the fastest growing nations on Earth right now. So, when China does something, the world listens.

China & Russia Gang up on the Dollar!
Russia and China tag-team to take advantage of a weakening dollar. While I hate it that there is such a “disdain” out there for the buck…I must say, I have to agree with China’s concerns.

Setting Up A WFOE in China
This article provides an overview of the China WFOE option for entrepreneurs considering China for their company incorporation. Included are advantages and disadvantages along with some procedures for setting up a China WFOE.

Marcus Asay An overview About Chinese Economic Development
As per the current global growth scenario and economic development of China, it has been discovered that China will start supplying the fuel. In long term means, it is a big generational move that will occur as China statistically recreate and reinvents itself.

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