Ideas on How to Become Rich - How to do business in China

Ideas on How to Become Rich

Hi good morning , today I want to discuss about the potential of doing business in China, as I have mentioned earlier that there are lots of business opportunities in this "awakening giant dragon". China's rise to today's economic power is due to their awareness that they have wasted so much time in the past and are trying to make up for lost time.

I have worked and lived in China for some time and am able to share some insights into the business environment there which can give you lots of opportunities to become very very rich .

There are altogether 10 steps which I will share with you .
The first step is knowledge is power. Ignorance is not bliss if you want to invest or do business in China. Chinese people are well read and are very hardy people, having gone through so many revolutions and changes of circumstances over 5000 years of history. Many Westerners are not familiar with the ways of Chinese and may think that the common man in the street is just naive and simple. Quite the contrary. In fact, the Chinese are able to gauge the visitors very well by the way they behave in China.

So knowing the Chinese way and their culture and mentality is the first step to riches in China. Read about China's history, culture, political history and other interesting things about this vast populous region. In fact China itself has 5 time zones - due to different longitudes and differences in dialects and religions.

One famous Chinese philosopher mentioned that you have to study China's past in order to deal with her future effectively. Macdonalds went into China and followed the Chinese culture closely , thus clinching a vast market share of its fast food market. The immense queues of customers everyday at the various outlets of Macdonalds testify to the fact that the leaders of Macdonalds are able to understand the way of the dragon. Similarly Coke and other Western organisations and corporations have studied the way of the Chinese before plunging in. As individuals and small enterprises, we too can make an impact if you study the way of the people closely and understand them. The Chinese want face very much so if you can give them face in your dealing with them , you have won them to your side and you will be rich in no time at all.

So the first step to the wealth of this vast market is knowledge of the past of the Chinese, analyse their ways and deal with them accordingly. Give them plenty of face and time to accept you and you are on the way to riches and success in China.

I will share step two and the rest shortly after...

Cheers and have a nice day
Sally Klaus
Ideas on How to Become Rich