@englishbusiness
There are three elements of chinese military strategy, taught to every school child for generations, embedded in this response. Not all understand, but all know these strategies.
Just speaking a language fluently is insufficient to create, grow/sustain, and scale long-term relationships.
You'll need to understand your stakeholders, so you can lead them, influence, them, attract them, as opposed to following trends, which has its advantages and risks. Leaders enjoy the benefit of first kill, while the pack that follows compete amongst themselves for the scraps. This is one of tenets of entrance barriers. While your competitors are fighting over the carcass of last year's kill, you've moved on to the next market or market segment, within your chosen domain(s).
LANDSCAPE AKA BATTLEFIELD
China is not the China most westerners see. It is as diverse and as complicated as Europe in both locations and peoples - aside from the debatable and arguable advantage of centralized control.
HARD OR TECHNICAL SKILLS
2. If you have a business MODEL, it should be long term, difficult to copy, profitable (short term to longterm), sustainable, and scalable. These principles hold true regardless of where you set up shop - but even more so here - as a population density 4-5x that of the USA would logically dictate a competitive environment 4-5x as fierce.
Most successful 1 trick ponies - fail within 3 years. Typically, the first year is sunk cost building up your brand and business. The second year is spent trying to fend off copycats, and the third year is spent shutting down from ludicrously excessive competition, offering poorer cut-rate knockoff services, starving and strangling your baby to death.
That is the reality of competition and we haven't even delved into the force majeur realms of dirty tricks, corruption, and political risks.
Sales take place all over china - but can you survive on their profit margins or in their highly competitive environments until you can establish brand and distinctive differentiation?
Do you have multiple exit strategies, to include catastrophic failure?
SOFT SKILLS
This mostly addresses your short term plan to establish a beachhead, to the longer term organic and ultimately exponential growth. You'll need to have a strong executable technical plan, well trained and loyal staff and loyal stakeholders - but it will ultimately depend on your ability to influence and lead others as a leader and visionary, if you're ever to make it off the beach and push inland.
China is littered with the carcasses of local businesses inspired by brilliant ideas and native level Chinese language abilities.
Protests challenge Myanmar's Belt and Road participation
Posted byNice signs - so obviously sponsored and incited by cursed foreign NGOs with no responsibilities to the actual people of Myanmar. Hydropower provides a source of sustainable renewable energy. Energy is one of the core pillars of all sustainable economies.
No economy - no development - poverty, healthcare, education.
EGO Brewery latest entrant into Kunming's craft beer scene
Posted byInteresting. Inspired to go visit...
Public Notice: A message from the Kunming Public Security Bureau
Posted byFantastic notification! Thank you Gokm and PSB! Hopefully, we'll never have to deal with this - but it's good to have the phone numbers just in case!
Yunnan gets ok to grow weed to feed rising cannabis need
Posted bySeriously? And I suppose the soldiers can smoke pieces of their uniforms in times of need? Amazing...
Interview: Co-founding a Kunming institution with Colin Flahive
Posted bySeriously great article on a group of seriously great human beings - treating people with dignity and respect. Company HR and executives could learn a lot from doing case-studies on the Salvador's journey on how to treat people with dignity and respect - while also being moderately profitable.
Now you all know how companies can afford to pay executives and board members those ludicrous salaries and bonuses. They treat staff as disposable commodities as opposed to human beings and or family, creating an environment of zero if not negative corporate and or brand loyalty.