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

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.

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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!

 

About The Host, Mikkel Thorup

Mikkel Thorup; the host of The Expat Money Show, has 20+ years in continual travel around the world, visiting more than 100 countries including Colombia, North Korea, Zimbabwe and Iran.

His goal now is to help Expats just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.


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