EP 53 - Steve Simonson - Poorly Made in China Book Review

Steve Simonson - Poorly Made in China Book Review Chinese manufacturers have transformed their country into the world's export powerhouse which attracted a lot of foreign businesses. On this episode, Steve introduces us to the Book of the Week, Poorly Made in China by Paul Midler. Paul has worked in China for close to two decades and has amazing insider revelations about doing business with China. Here are more awesome takeaways on today’s episode: How Chinese manufacturers widen profits and margins through “product fade”. The “Counterfeit Culture” of factory owners. The principle of “Guanxi”. And the other things that can go wrong when companies shift production to China. So, if you do business in China or plan to do so in the future, take time to listen as Steve discusses this book in-depth and get valuable insights that can benefit your business. 2:03 (Steve introduces today’s Book of the Week, Poorly Made in China by the great Paul Midler.) 05:00 (The concept of Product Fade.) 9:32 (Steve talks briefly about one chapter of the book called Price Go Up.) 16:08 (Steve shares a story about a joint venture between North American and Chinese companies.) 20:24 (Steve iterates why Poorly Made in China is a must read.) Welcome to the Awesomers.com podcast. If you love to learn and if you're motivated to expand your mind and heck if you desire to break through those traditional paradigms and find your own version of success, you are in the right place. Awesomers around the world are on a journey to improve their lives and the lives of those around them. We believe in paying it forward and we fundamentally try to live up to the great Zig Ziglar quote where he said, "You can have everything in your life you want if you help enough other people get what they want." It doesn't matter where you came from. It only matters where you're going. My name is Steve Simonson and I hope you will join me on this Awesomer journey. SPONSOR ADVERTISEMENT If you're launching a new product manufactured in China, you will need professional high-resolution Amazon ready photographs. Because Symo Global has a team of professionals in China, you will oftentimes receive your listing photographs before your product even leaves the country. This streamlined process will save you the time, money and energy needed to concentrate on marketing and other creative content strategies before your item is in stock and ready for sale. Visit SymoGlobal.com to learn more. Because a picture should be worth one thousand keywords. You're listening to the Awesomers podcast. Steve: Hello again Awesomers. It’s Steve Simonson and I'm coming back to you with another Book of the Week episode. Now, this is episode number 53 and so as our tradition has established all you have to do is go to Awesomers.com/53 to get the latest show notes, details, any links and so forth. Sometimes we'll even throw in a bonus or two on that page, so definitely you want to get Awesomers.com and check that out and while you're there don't forget maybe check out the mailing list. We don't spam you with a bunch of stuff to buy. We just send you kind of helpful things, a lot of the things that we've talked about on the show with actual processes and procedures and ways for you to kind of act on these things, so it's all free nothing to worry about and I encourage you to do that straight away. 02:03 (Steve introduces today’s Book of the Week, Poorly Made in China by the great Paul Midler.) Now, today is again another Book of the Week episode and we're going to talk today about one of my favorite books and it is called Poorly Made in China by the great Paul Midler. Now, Paul is a brilliant author, but he goes far beyond just an author. He's lived kind of all the stories that he outlines in the book and as someone who's been trading with China since you know way back since maybe 2002 is when I first went there

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If you are an Amazon seller, ecommerce entrepreneur, ebay seller or you want to learn how to sell online this Podcast is for YOU! What is an Awesomer? An Awesomer is someone who through a series of long-term actions and behaviors has demonstrated that they are not satisfied with normal. They are achievers to a penultimate degree in their own industry specialty or area of interest. There are no monetary criteria to be an Awesomer, in fact, many mega-wealthy people are not Awesomers. Some of them are Normies. Others are even Basics! Awesomers want to thrive; not just survive. Awesomers are trying to improve their lives and the lives of those around them. They are trying to make an impact, in whatever way they can, on the world. Many Amazon Sellers are awesomers. They took the Amazon FBA opportunity and they siezed the moment by taking action. If you are an Amazon Seller or interested in selling in eCommerce you should take a moment now and listen to all the Awesomer origin stories. Entrepreneurs solve problems in the world. They don’t create them. Awesomers are never done learning or improving. To become an Awesomer one must realize the journey to improve is perpetual. In other words, you don't arrive to the land of the Awesomer as a destination. Being an Awesomer means you are on the path of achievement for the sake of improving your life and those around you. Awesomers are 75% more likely to listen to educational or improvement podcasts.** What is a Normie? A Normie is someone who is stable and well established in life and ultimately is satisfied with the status quo. They don't want to rock the boat. They don't want to take risks. Normies are satisfied to survive. Normies are fine, just ask them. Awesomers have no problems with Normies. In fact, most Awesomers are surrounded by Normies who are their close friends and even family. More often than not Normies do not understand the plight of the Awesomer so they will warn the Awesomer to “be careful” or “don’t do it” or provide other guidance they mean to be helpful, but it is really just negativity that the Awesomer must overcome. We all know and love Normies and we are not criticizing Normies. We're only delineating some of the differences that exist between Awesomers and Normies. Normies are 84% more likely to listen to news about the Kardashians than Awesomers.** What is a Basic? A basic is someone who doesn't care about anyone which is often including themselves. They self-sabotage, they create problems, and they are not people that anyone should hang out with. They suck the life out of everyone around them by manufacturing drama, problems, or other nonsense. These people have chosen a path for themselves often by years and years of behaviors and actions which lead them to the life they have today; which is ok with us. We’re not judging. We just choose not to have our journey detoured by crossing the path of a Basic. (We also refer to this as the no A-HOLE rule.) 63% of basics have a cell phone only to play games, consume news or "vent" on social media.** **The preceding statistics for each archetype above is 100% made up. We like to make jokes. But we'll always tell the truth and set the record straight. The Awesomers.com podcast, hosted by Steve Simonson, will showcase some of the amazing origin stories of Awesomers from around the world. There are so many truly inspiring stories from people from all walks of life, but most often the Awesomers that will be focused on will be those who are also entrepreneurs. We'll be launching in the last half of 2018 as we build the systems and a team to support this important effort. We hope you will join us for this exhilarating journey! Many of these awesomers are Amazon sellers who have built an Amazon FBA ecommerce business and have started to see positive financial and lifestyle results.