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Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
Part 1. Get to know “Young Jaymee”, the newest addition to Source Find Asia's family. Young Jaymee is the Content Manager from the Philippines. POINTS OF DISCUSSIONJaymee's passion to help peopleWanting freedom, running away from home, and more about her colorful backgroundImportance of connections in life in generalHow and why she started her freelancing journeyHow working online gave her a more balanced lifeCommon issues of hiring staff from Southeast AsiaHow to find good online employeesStory of a wasted opportunity
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
DESCRIPTIONRico 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 DISCUSSIONGetting people and delegating worksWhen great employees start to crackReasons why tasks are left undoneMeeting and talking to people in person versus onlineMaking use of old recordings for contentsFinding reliable people for the jobGetting calls and comments from people waiting for new contents
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
DescriptionPart 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 DiscussionFinding clients through industry-specific websitesGetting clients from the podcastTapping established networks in ChinaHow vital factory visit is nowadaysVirtual conference experienceFace to face events will come backEvolving the sourcing office
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
DescriptionPart 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 DiscussionMajor issue to deal with at the beginningDoing quality control on the productsHelping the company save a lot of moneyPayment methods for suppliers without international licenses in Mainland ChinaBusiness lessons from CovidAdjusting the business model due to corona
In this episode... Rico Ngoma, CEO of Source Find Asia, joins Renaud to share his advice for entrepreneurs and SMEs who want to get started with manufacturing in China. You'll get loads of great tips such as: How to reduce your product development costs Steps you can handle yourself to keep costs low Steps that you shouldn't skip and should budget for How crowdfunding works Basic terms you need to agree with your supplier ...and much more! Show Notes 00:14 - Introducing our guest: Rico Ngoma, the CEO of Source Find Asia, a Guangzhou-based sourcing agency. 02:27 - Introduction to Rico's new event, the SourceFinda Asia Digital Summit. The SFA digital summit is a free manufacturing program for entrepreneurs and businesses on a low budget who want to get started with manufacturing that brings together around 16 expert presenters from Rico's network. ***** 05:26 - To echo the SFA digital summit, we'll go through some of the topics that new manufacturers need to understand in this episode. 06:33 - How to develop a new product on a low budget? 11:35 - The stair-step approach to manufacturing. 12:38 - Sourcing & vetting suppliers. 15:20 - Sourcing tips from Renaud and Rico for when on a low budget. 24:01 - What are the basic terms you'll need to set with the supplier you select? 29:12 - The need to take responsibility for your own product approval process. 34:28 - What to do before you start production? 40:26 - Why very technical products aren't a good fit for first-time manufacturers on a tight budget. 42:24 - How adherence to compliance regulations can be expensive. 46:54 - Packaging compliance. 48:26 - Shipping & Logistics. 50:50 - Wrapping up. Related content... Sign up for the SFA digital summit for free! Listen to Rico's podcast: Made In China Podcast If you are starting to manufacture a new product soon, read our guide: An Importer's Guide to New Product Manufacturing in China Listen to our podcast series on how to vet Chinese suppliers. Sofeast's expert team can source great suppliers in Asia or you. Get in touch with us Connect with us on LinkedIn Send us a tweet @sofeast Prefer Facebook? Check us out on FB Contact us via Sofeast's contact page Subscribe to our YouTube channel Subscribe to the podcast There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please: Apple Podcasts Spotify Stitcher Google Podcasts TuneIn Deezer iHeartRADIO PlayerFM Listen Notes Podcast Addict
In his episode, I speak with Rico who is the CEO of Source Find Asia, a manufacturing-consulting company. Over the last 5 years, his company has exported over US$15 million worth of goods globally. Basically, if you want to make something in China — he's your guy! He also releases weekly Youtube videos (SourceFindAsia) and a weekly Podcast called, “Made in China Podcast” – where he interviews entrepreneurs & talks about sourcing, business in Asia, and a little bit of lifestyle. Listen on to find out how Rico has been able to create success as a manufacturing consultant while working remotely. --------------- Hey Offbeat Family, I really appreciate you listening to this episode. I would love to hear more from you and what you think of the podcast. Contact me: hello@theoffbeatlife.com Show credits: Audio Engineer: Ben Smith - Vagabond Podcast Productions
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
As part of the Interview questions for MarketWatch’s Founder Spotlight, Rico shares his thoughts about where things are headed in the Next 5 Years.Episode Notes:Covid-19 caused a big shift to where things are headedHis canceled travel plans for Network ExpansionStrengthening SFA’s ServicesApproach in MarketingBuilding partnerships, and a whole ecosystem of networkTransitioning to a Knowledge-base company
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
The COVID-19 crisIs has created a huge shortage of protective supplies all over the world which has lead to panic buying by inexperienced buyers, who are unfamiliar with the Asian market and unable to identify the red flags that can occur during deals. Rico Ngoma tries to clarify some of the ethical questions that arise when sourcing goods to supply people in need, the dilemma of profiting off a crisis, and how to add a social agenda when potentially profiting. Below you find some highlighted minutes for you to navigate the interview. Watch the video if you are curious about the sourcing process behind the protective supplies that are necessary to fight the pandemic. Some important points: Source Find Asia’s product focus on this crisis Importance of ‘guan xi’, keeping promises and building trust Shortage of protective supplies The ethical questions arising when ‘profiting’ on a crises Transparency in the supply chain Questions regarding the work conditions in the factories supplying the goods How to get in contact and setting up sourcing channels
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
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 RICOGuangzhou vs ManilaTakeaways from the tripsThe advantage of getting someone from the westMost Challenging part of Managing Freelancers RemotelyJUST DO IT and Come to China
Podcast with Rico of Source find Asia Watch the video version on YouTube: https://www.youtube.com/channel/UCFuFb9vitmYkrLwo93_PqCA?view_as=subscriber
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
Here is another Back log Episode to Start 2019, Recorded Back in 2016, Rico puts his Staff namely; CiCi, Immigen and Sunny on the interrogation chair to get their feedback on how it is to be working for Source Find Asia and having Rico as their Boss and Mentor.Topics Includes:How it is working for SFA.The difference working for a Foreigner and a Chinese BossViews on talking to Manufacturing FactoriesCommunicating with the customers using emails vs wechat appManufacturer's frustrations on SFA not sourcing specialized products.
Rico Ngoma grew up in Canada and at a very young age realized being an expat entrepreneur was in his blood. After a trip to China and seeing the difficulty with finding how to source products in China for drop shipping and how to do business in China, Rico realized that he could assist other entrepreneurs on how to find a good manufacturer in China. Rico Ngoma talks to us about his life since 2014 living and working in Guangzhou, China. With 24 Million people and thousands of factories, most would find it almost impossible to navigate, especially with the language barrier. China is not like most countries where English is spoken in most parts of the country. To survive in China, one must learn even the basics of Mandarin just to survive. Rico found a small expat entrepreneur community in Guangzhou, which has helped him to feel more at home. Source Find Asia is Rico's company. He explains to Mikkel how they are problem solvers for those that want to learn: How to do business in China How to source products in China for drop shipping And how to find a good manufacturer in China. Rico Explains How to do Business in China Rico Ngoma and Mikkel Thorup chat about how to do business in China and the concept that China is a great source for drop shipping, but where do you start? who do you trust? These questions and more, from someone that knows how to source products in China for dropshipping. Rico Ngoma tells us the difference between a Trading Company and a Factory. Rico recounts some pretty funny stories about when they first started Source Find Asia. He claims that you must be a detective to really understand how the buying works in China. How to Find a Good Manufacturer in China Rico Ngoma chats about how to find a good manufacturer in China and how to source products in China for drop shipping and all the pitfalls that can happen if you're not aware of the many different areas that need to be covered when you want to learn how to source products in China for dropshipping. Rico Ngoma's company: Source Find Asia Manufacturing Consultants Introduction to Factories Interpreting the language Peace of Mind for Clients and more!! If becoming an expat entrepreneur is in your blood, or you want to learn how to do business in China, or how to source products in China for drop shipping listen to https://expatmoneyshow.com/jim-cockrum-creating-engaging-content/ (Ep 029: Jim Cockrum) - where Jim talks about how his company does $25 Million in Sales on Amazon. How to Reach Rico Ngoma http://sourcefindasia.com/ (www.SourceFindAsia.com) http://sourcefindasia.com/madeinchina/ (Made in China Podcast) rico@sourcefindasia.com FINAL THOUGHTS Super interesting episode with Rico Ngoma. I previously understood some of the intricacies of drop shipping, but Rico really helped me to realize that what is the most important part of the process is having a company that speaks your language, that you can trust to get the job done, and having someone in your corner! I hope you get as much value from this interview with Rico as I did… and if you would like to stay up to date with all new content that comes out at https://expatmoneyshow.com/episodes/ (The Expat Money Show) make sure you sign up below for our newsletter; EMS Pulse – my behind the scene daily correspondence where I give you all the intel as I travel the world and build my business, develop key relationships and invest in non-traditional investments overseas (very profitably I might add!) Support this podcast
Rico Ngoma is the Founder, CEO & Vlogger at Source Find Asia, a manufacturing consulting company based in Guangzhou China. They make sure their clients are working with top quality suppliers so they don’t have to lift a finger. Having spent over 10 years on the ground in Asia, their market experience allows them to tackle problems in ways nobody else can. He is also a podcaster at Made in China Podcast and is super passionate about creating engaging and informational free content. He always aims to give value first. Episode Content: Shoutout to Tech Buzz China podcast by Pandaily, our friends Ying Ying Lu and Rui Ma. Both of them are in Silicon valley, giving their in depth view about China tech. Rico Ngoma was a guest speaker on Global From Asia back in the day for Episode 145 Rico shares some of the challenges he has seen from people making a new product design What is a better way for people to put a real timeframe on manufacturing a custom product? A realistic budget! What are some of the costs you would remind people about? How do you work with clients, or hustling bootstrapping entrepreneurs, on making a product here? Do they need to relocate here for some time at least? Rico shares some of the major steps of making a custom product in China What are the biggest stumbling points that you've noticed? Rico discusses what he's currently working on and how people can engage with him How people can connect and work with Rico Episode Mentions: Intro Pandaily podcast China Business Cast Episode 15 - The Venture Capital Environment in China China Business Cast WeChat channel Interview Rico's website - Source Find Asia Rico's YouTube Channel Made in China Podcast Cross Border Summit Download and Subscribe Download this episode: right click and choose "save as" Subscribe to China Business Cast on iTunes Or check out the full list of subscription options Add Jons ('jslemmer') on WeChat to join China Business Cast WeChat group A big THANK YOU to our awesome production team: Boban, Jessa, Verena, Honey, Grace to make this happen!
Join us this episode as our host, James Thomas, sits down for a chat with Zambian-Canadian expat-entrepreneur Mr. Rico Ngoma. Tune in and listen to what lead Mr. Ngoma to learn more about China and what gave him the spark to finally move to China and start a business in the southern ever-moving Chinese city of Guangzhou. As Rico’s parents are also deeply involved in business, it maybe fair to say that doing business is in Rico’s DNA. Rico followed the road many expats take while living abroad and draws some interesting comparisons between doing business and living a normal life in China that may sound confusing to anyone upon their first encounter. Rico is and open-minded individual and shows how understanding the history of a people can help an expat except, survive and understand their life in their overseas location. Rico’s direct comments offers valuable insights into the life of an expat businessman navigating the bumpy business roads in China. Rico explains: “…China is not a big Walmart where you can go to an aisle and get want you want…” and On his Made in China Podcast, Rico explains what is a “China Day”. His experiences in China have also become valuable assets in the creation of his podcast that you can find in iTunes: Made in China Podcast. MENTIONED IN THIS EPISODE: www.sourcefindasia.com - Source Find Asia is my product manufacturing consulting company based in Guangzhou. We source high quality suppliers for clients, manage mass production orders, QC, shipping & logistics etc. Our clients range from e-commerce like Amazon FBA sellers or large software companies transitioning into physical products. www.enterchina.co - Is a private (paid) online mastermind community with 150 members. We focus on manufacturing in China; our members have raised over $2 million from crowd funding campaigns using the methods developed in the community. Additional links of interest: 4S1F34 Ian Mote: From Chicken Feet to Crystal Baths THANK YOU FOR LISTENING TO THIS EPISODE! Thank you very much for taking the time to share this podcast. If you have any feedback, please leave a note in the comments section below or leave a voice message via our SpeakPipe voice message page. We would love to hear from you! If you enjoyed this please share it with your friends, family and co-workers by using the social media buttons you see at the bottom of the post. Please subscribe to the show on iTunes to get automatic episode updates of our podcasts. And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get. Please help us spread the word and leave a review in iTunes by clicking here! Thank you for listening to Four Seas One Family. We are all the same and at the same time uniquely different!
Join us this episode as our host, James Thomas, sits down for a chat with Zambian-Canadian expat-entrepreneur Mr. Rico Ngoma. Tune in and listen to what lead Mr. Ngoma to learn more about China and what gave him the spark to finally move to China and start a business in the southern ever-moving Chinese city of Guangzhou. As Rico's parents are also deeply involved in business, it maybe fair to say that doing business is in Rico's DNA. Rico followed the road many expats take while living abroad and draws some interesting comparisons between doing business and living a normal life in China that may sound confusing to anyone upon their first encounter. Rico is and open-minded individual and shows how understanding the history of a people can help an expat except, survive and understand their life in their overseas location. Rico's direct comments offers valuable insights into the life of an expat businessman navigating the bumpy business roads in China. Rico explains: “…China is not a big Walmart where you can go to an aisle and get want you want…” and On his Made in China Podcast, Rico explains what is a “China Day”. His experiences in China have also become valuable assets in the creation of his podcast that you can find in iTunes: Made in China Podcast. MENTIONED IN THIS EPISODE: www.sourcefindasia.com - Source Find Asia is my product manufacturing consulting company based in Guangzhou. We source high quality suppliers for clients, manage mass production orders, QC, shipping & logistics etc. Our clients range from e-commerce like Amazon FBA sellers or large software companies transitioning into physical products. www.enterchina.co - Is a private (paid) online mastermind community with 150 members. We focus on manufacturing in China; our members have raised over $2 million from crowd funding campaigns using the methods developed in the community. Additional links of interest: 4S1F34 Ian Mote: From Chicken Feet to Crystal Baths THANK YOU FOR LISTENING TO THIS EPISODE! Thank you very much for taking the time to share this podcast. If you have any feedback, please leave a note in the comments section below or leave a voice message via our SpeakPipe voice message page. We would love to hear from you! If you enjoyed this please share it with your friends, family and co-workers by using the social media buttons you see at the bottom of the post. Please subscribe to the show on iTunes to get automatic episode updates of our podcasts. And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get. Please help us spread the word and leave a review in iTunes by clicking here! Thank you for listening to Four Seas One Family. We are all the same and at the same time uniquely different!
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
ChinaMike & Rico, took a break from the holiday festivities to break down how they've hired, fired and managed employees in a foreign country. They touched on: The best ways to attract star employees that suit your business Why having a "higher education" isn't always a positive sign in the recruitment process If the younger Chinese generation is beginning to admire the "startup culture" Whether or not you have to micro-manage all your employees ChinaMike's horror story on what can go wrong when you give too much trust and what red flags to look out for The importance systemizing and automation, when managing a company in China The apps and strategies that the Source Find Asia team uses to automate and work remotely