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Opportunities in China
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GyopoPlayboy Offline
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Opportunities in China
My buddy showed me the blog of an American entrepreneur who is making his fortune in, of all things, custom-designed patches. His blog provides a lot of interesting on-the-ground observations in Shenzhen, China, where he now operates his business from.

You can follow his blog here: http://www.yusufuqdah.com. His latest blog post, titled "The Land of Opportunity: China", should prove especially interesting (I'm looking at you, Vacancier!) for those looking to startup in China.

From what he's revealed about himself through his blog, he's an early 30's Southern-Californian with a degree from UC Berkeley. Started selling custom-designed patches out of his mom's house in his 20's, then opened up offices in the PI and China in order to oversee his operations. Yearly revenue is about $2million, although it's unclear how much of that is profit and take-home.

I'm inclined to believe most if not all of what he's written because it's in line with what I've experienced in neighboring Korea. Most of the locals I encountered were hard-working, honest, and eager to prove themselves. Low, if any, sense of entitlement, and an impressive work ethic to boot.
(This post was last modified: 03-22-2013 10:57 AM by GyopoPlayboy.)
03-22-2013 10:57 AM
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Vacancier Permanent Offline
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RE: Opportunities in China
GP,
You're right than China is a PRIME land of opportunities! Thank you very much for sharing that awesome site! I'm definitely going to follow it! I'm going to go through his site now!

Yeah Shenzen is also a place I really need to check when I return to China and could be a great place to base yourself along with GZ.

What kind of biz are you involved in a biz in Korea? Or China?

Cheers man!
03-22-2013 01:47 PM
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GyopoPlayboy Offline
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RE: Opportunities in China
VP,

PM sent.
03-22-2013 10:37 PM
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Cyclone Offline
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RE: Opportunities in China
Shenzhen has the hottest girls in China to boot (yes, better than Hong Kong).
I wonder if the language barrier will be a problem for entrepreneurs however? I too may be getting a Masters from Berkeley pretty soon so it's good to know something like this isn't out of the question.
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03-23-2013 01:36 AM
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OSL Offline
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RE: Opportunities in China
This is a good blog and a good thread.

I am considering moving to Shenzhen to bolster some b2b e-commerce projects I have running.

-
03-23-2013 02:13 AM
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FretDancer Offline
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RE: Opportunities in China
Thanks for sharing the link OP. I am starting an exporting to China business. I am heading there in 3 weeks.

I can update you on my progress and experiences if you are interested.
03-23-2013 05:29 PM
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Belgrano Offline
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RE: Opportunities in China
(03-23-2013 05:29 PM)FretDancer Wrote:  Thanks for sharing the link OP. I am starting an exporting to China business. I am heading there in 3 weeks.

I can update you on my progress and experiences if you are interested.

It would be great if you could start a thread here or maybe a blog, I bet a lot of guys on the forum (me included) would be grateful for valuable insights on starting a China-related business and your infield experiences!
03-23-2013 05:41 PM
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Vacancier Permanent Offline
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Post: #8
RE: Opportunities in China
Agreed that a thread or even better create a blog on your progress. I certainly will create a blog and a youtube channel for showing some factory visits and other aspects of biz and living in China that a video would be better of than an article.
03-23-2013 10:09 PM
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WanderingSoul Offline
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Post: #9
RE: Opportunities in China
(03-23-2013 05:29 PM)FretDancer Wrote:  Thanks for sharing the link OP. I am starting an exporting to China business. I am heading there in 3 weeks.

I can update you on my progress and experiences if you are interested.

Would love to hear about it.

I have a longtime friend who lives in SZ and is into product development. He had to cancel his trip to BKK so I'm pretty bummed to not be able to pick his brain over some beers.
03-24-2013 12:02 AM
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FretDancer Offline
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Post: #10
RE: Opportunities in China
Thanks for the feedback guys. I will start a thread and a blog once I land there. I will also try recording some videos and add them to a Youtube channel for you guys to see.

Stay tuned.
03-24-2013 02:25 AM
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pants Offline
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Post: #11
RE: Opportunities in China
Isnt there an elderly epidemic in china now? Should make some services or products for the older population.



Due to one child policy there are tons of single men in china.

Good market for real dolls?

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03-24-2013 03:24 AM
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