Wealth Without Borders Podcast

Are you planning on expanding your company to China? Is your company ready for that growth? Are you aware of the challenges and differences that may arise once you expand your company to China? 

 If you are planning or already have a company in China, you should be aware of the challenges that may arise. Running a business in China is far more different than running a business in other countries. You need to have enough knowledge, transparency, and a good flow of communication between your headquarters and your local team in China in order to avoid or lessen the future conflicts that may arise. 

Arie Schreier is the General Manager of the PTL Group in China and is a former diplomat who came to China 23 years ago as the Consul of Israel in Beijing. And then 15 years ago, he came back to Shanghai to work with the PTL Group. 

 In this episode, Arie shares his insights on how to properly run a business in China and how to avoid future conflicts that may arise between the headquarters and local team in China through proper communication, sufficient knowledge, transparency and many more. 

 What you will learn from this episode: 

• Discover how to properly run a company in China through transparency and enough knowledge on how companies are run in Chins 
• Learn how to deal or solve conflict between the headquarters and the local team in China and how to avoid miscommunications 
• Find out more about valuable resources and ways on how to expand your knowledge on China businesses and how to solve future conflicts 

“I find that there's a lot of forums online, whether it's on LinkedIn, whether it's on WeChat groups, whether it's on other resources that people can join, and learn from the experience of other managers who've been here for many years, that has been running a business for many years or still running a business.” 

- Arie Schreier 

 Topics Covered: 

02:01 - Arie defines his ideal client 

 02:42 - Some of the problem that Arie solves for his clients: HR problems, logistics issues, importation or exportation warehousing 

 03:37 - Lack of transparency and conflict of knowledge between the headquarter and local team in China is majority of the symptoms 

 04:30 - Headquarter thinks that there’s a problem and asks a single-channel they know in China to solve the problem, one of the common mistakes 

 05:44 - Arie’s valuable free action: “I find that there's a lot of forums online, whether it's on LinkedIn, whether it's on WeChat groups, whether it's on other resources that people can join, and learn from the experience of other managers who've been here for many years, that has been running a business for many years or still running a business.” 

 06:54 - Srie’s valuable free resource: Go to www.ptl-group.com to download materials and guides 

07:46 - Program Alert: PTL Group China Boot Camp 

08:31 - Question that should have been asked to Arie: How to contact the PTL team in order to get a free consultation and free advice on how to manage your business in China? 

Key Takeaways: 

“They don't think why it should be so, so hard to run a business in China, which it is. So, definitely it's the lack of knowledge, the lack of experience, which leads to conflict with the local management.” - Arie Schreier 

“The headquarter is thinking that there's a problem. And they asked the single-channel they know in China to solve the problem, whether it's the local GM, whether it's the local salesperson, whether it's the distributor, whether it's an agent. That's who they know, and they asked them to solve the problem. But many, many, many times we found that they are the problem, and unfortunately, they cannot fix themselves so they need to have an external third party, somebody who has expertise with the knowledge and experience.” - Arie Schreier 

People / Resources Mentioned: 

• PTL Group China Boot Camp 

 Ways to Connect with Arie Schreier: 

• Website: www.ptl-group.com 
• LinkedIn: www.Linkedin.com/in/arieschreier 

Ways to Connect with Howard Whiteson: 

• Website: http://www.wealthwithoutborders.net    
• Podcast: https://wealthwithoutborders.net/podcast/  
• LinkedIn: https://www.linkedin.com/in/howardwhiteson