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048: Strategies for Product Sourcing in China – Drop Shipping and FBA Expertise – Rico Ngoma

The Expat Money Show - With Mikkel Thorup
The Expat Money Show - With Mikkel Thorup
Episode • Oct 19, 2018 • 1h 8m
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 of finding products in China for drop shipping and doing business in China, Rico realized that he could assist other entrepreneurs in finding a good manufacturer in China. .

WHAT WE DISCUSSED IN THIS INTERVIEW:

  • Rico Ngoma's experience living and working in Guangzhou, China since 2014.
  • Challenges of navigating China, especially with the language barrier.
  • Importance of learning basic Mandarin for survival.
  • Finding a small expat entrepreneur community in Guangzhou for support.
  • Rico's company, Source Find Asia.
  • Differences between a trading company and a factory in China.
  • Funny stories and insights from starting Source Find Asia.
  • Importance of understanding the complexities of sourcing products in China.
  • Services offered by Source Find Asia.
  • For more insights, listen to Ep 029: Jim Cockrum on achieving $25 million in sales on Amazon.

 

HOW TO FIND RICO'S WORK:


 

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CONCLUSION

Super interesting episode with Rico Ngoma. I previously understood some of the intricacies of drop shipping. Still, Rico really helped me to realize that 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!  

Mentioned in this episode:

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