Larger numbers of entrepreneurs are heading for Shanghai as their own economies go bad. Veteran entrepreneur Maria Korolov gives in Shanghai Expat the newcomers a few tips on how to survive in this very competitive city.
But, before you hire a team of lawyers and incorporate as a JV – or a WFOE – or as a rep office of an off-shore entity, before you start hiring staff and finding customers, do yourself a favor and get to know the entrepreneurs who are already here.
She is advising twitter as one of the new much needed tools for entrepreneurs:
Last week, Paul Wood – who's starting an iPhone software development company – tweeted that he was interested in finding some Samuel Adams beer. Several people, including me, responded about a new bar – Kai Ba – known for its wide selection. Someone else suggested Munchies for snacks and a tweetup was born. The next day, a couple of dozen of us crammed into Munchies for their burgers, Cincinnati chili and quesadillas – excellent, by the way -- and to chat. Across the table from me, Paul Wood met Sera Hill, another entrepreneur who was starting an iPhone development company in Shanghai.
Of course, she lists some of the more active accounts.
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Maria Korolov is also a speaker of the China Speakers Bureau. In a driven and convincing still, she talks you through the trenches of the China business. Do get in touch if you need her at your conference.
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3 comments:
Nice to see what you are up to, Maria. What a bridge maker you must be!
Hello there!
I am a distant entrepreneur interested in getting closer to the arts in China. There is enormous talent there (I have done several small video cooperative projects there already) and I am keen to communicate with innovators who use English or who can help me make meaningful useful comments to Chinese friends in the arts and arts businesses via Twitter and my blogs and so on. Then I can effectively inform the world outside China.
As always in business, getting started with a fresh learning process is just that - a step.
Best wishes from Mainz Germany from this Australian ex pat. journalist, marketer, English trainer and media freak - and father of four.
I have heard that events, tourism and hospitality are growing fields in Shanghai for entrepreneurs. I have recently blogged on the key attributes for success in this field at www.planetplanit.blogspot.com I wonder if the same attributes for success would hold true in Shanghai?
Neil -- Thank you very much for your kind words! And good luck with your learning process. :-)
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