China Entrepreneurs Need an Incremental Exit Strategy

March 24th, 2008  by China Business Success Stories

By Andrew Hupert

Financial Planning for a Chinese EntrepreneurSuccessful entrepreneurs in China will tell you that success took longer than they had originally planned. Ex-pat owners of businesses in China who have been slugging away for 5+ years can suddenly find themselves on a steep growth curve. Many of these ‘overnight success stories’ that were years in the making end up leaving their owners hostages to the business. The founders are cash-poor while the business gets bigger and richer.

What can successful China entrepreneurs do to boost their household finances without destroying the company balance sheet?

Over the years you’ve tweaked the business model, found the right marketing & sales mix and were ready when demand caught up with your offering. What happens when your 5 year old business becomes an overnight success? Read the rest of “China Entrepreneurs Need an Incremental Exit Strategy” or post a comment

A China Success Story: Dan Mintz and DMG

February 7th, 2008  by China Business Success Stories

A China Success Story: Dan Mintz and DMGThis is the story of an entrepreneur building a profitable business by beating all the global big guys.
 
Dan Mintz was born and raised in Brooklyn, and was the youngest person to be accepted into the New York Academy of Performing Arts. He started in the movie business as a student extra in the movie Fame. He went to Los Angeles where he furthered his education and experience in film production and created good connections with some of the major movie studios.

Read the rest of “A China Success Story: Dan Mintz and DMG” or post a comment >>

Documentary on doing business in China

September 25th, 2007  by China Business Success Stories

Doing Business in ChinaLast week we saw a great documentary on doing business in China, called ‘Brits Get Rich In China.’ The documentary features three British entrepreneurs; Tony Caldeira, Peter Williams and Vance Miller.

Tony Caldeira had a successful cushion business in Liverpool, but his company lost the battle against cheap Chinese imports. In order to save his company he decided to go to China and set up his own cushion factory. He invested millions of his own dollars to achieve this goal. Read the rest of “Documentary on doing business in China” or post a comment

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