We have learned early on, even while some of us were still in college taking up a business course, how valuable a business plan is. Writing a business plan is already being inculcated in the minds of the young, wherever they are nestled, to mold an entrepreneurial mindset. But more than just a university requirement, what is it really? Do businesses really need to write one? Is this a step that can be skipped?
The ongoing trade dispute between the US and China has severely affected the global business landscape. There were calls to end the trade war for the worst effects fell on the consumers. And, not just select consumers but consumers from all over the world. It has been said over and over that the trade war is a lose-lose scenario for both countries and not only that, they are dragging other countries especially in Asia, into an economic limbo. But quite surprisingly, there were also Asian countries that benefit from the US-China Trade War. One that needs highlighting is Vietnam.
Learning about manufacturing. The world may be going global but we’re still challenged by old fashioned borders—that’s how international entrepreneurs behind the 2016 Cross Border Summit described the mission of the event. The 2016 event welcomed international business leaders from multiple countries, with an emphasis on cross border commerce in China.
GFA232 + GFAE Bonus Announcement. Welcome to this week’s show, loyal listeners! Today we brought Bryant Zhang, co-founder of Ennoplus factory. They are a manufacturer and designer of solar powered outdoor LED lights. I am inside the factory to do this show, and discuss some insights of how they started and grew so fast. For full show notes, check out GlobalFromAsia.com/episode232.