Over the past 5 years or so China has quickly become one of the worlds most high-growth countries in the world. In terms of GDP and financial stability, they’re trumping almost every other country on Earth.

And with a population of 1.3 BILLION (roughly 4.3x the size of the United States), hundreds of millions of new prospects, new partners and new opportunities are coming online on a daily basis.

The problem is…

1. You probably don’t speak Mandarin
2. The Asian culture is very different than North American’s
3. What’s to stop them from ripping you off?
4. You don’t have anyone you know you can trust
5. You have no idea where to start

Before I made the decision to enter the Chinese market, I had these same doubts. In fact my previous dealing with Asians in North America led me to think of them as over-analytical, full of excuses and constantly backing out of deals at the last moment.

So you can imagine my hesitation.

But Then I Decided
To Test The Market Anyway

Throughout my career I’ve made millions of dollars by pushing past my initial fears and worries and plunging in anyway, even though I had no idea what the outcome would be.

So after months of thinking about it… I decided to jump in and test the waters.

The results?

Having been in the market for roughly 3 months now, I’m KICKING MYSELF for having not done it sooner! The endless opportunities in this country are simply mind-blowing.

My initial preconceptions of them were absolutely dead-wrong. Instead I’ve discovered that these folks are hard-working, (still very analytical), dedicated and extremely passionate and willing to do whatever it takes to pull themselves out of the train wreck the country has been living in the past few decades.

I’ve discovered that China, for me, is as close to a license to print money as you can get.

Here Are 5 Quick Tips You Can Use
To Profit From China

I’ve learned dozens of important lessons in my dealing with China. Below are the top five I think can benefit you the most.

Lesson #1: Brand Matters

The Chinese want to know about the person they’re dealing with. They want to know you are trustworthy. That’s why it’s crucial to establish your brand immediately, including who you are, why they should trust you and how you can help them. The more credible your brand is, the more respect you will be given.

Lesson #2: Bragging Helps

In most parts of the world, being humble is respected more than bragging. However in China it’s the exact opposite. So talk yourself up and tell them who you know, what you own and what successes you’ve had.

Lesson #3: Negotiate Like A Champ

The Chinese love to negotiate, so start high and drop down. To them, getting a good deal is almost as satisfying as the product or service itself. Don’t be afraid to get a little dirty. Just take a little time beforehand to understand their culture, so you don’t offend them. They’ll walk away at the drop of a hat if you do.

Lesson #4: Verify Everything

Everything you do should be in writing, clearly spelled out. I recommend the “trust but verify” rule. For some reason, I’ve found that they tend to want to change the terms of an agreement at the last minute. I believe this is part of their negotiation tactics.

Lesson #5: Get More Foot Massages

This is one of the more unusual tips, but it’s very important. For some reason, they love to have meetings late at night while getting a foot massage. If you currently have some kind of foot phobia, I suggest getting over it. I’ve literally finalized deals while getting a foot massage at 1 a.m. (multiple times), so trust me on the importance of this.

Looking back, one of the biggest mistakes of my career is not jumping into this market sooner. I have businesses all over the world and in China I am growing my business roughly 5x faster then all my other markets combined.

That’s how amazing this country is.

If you’re looking for a new growth strategy this year, make it a China growth strategy. As with any new strategy, there are negatives (after all it’s not easy moving into a new market), but the reward is WELL worth the effort. I promise you, it will prove to be one of the most financially smart decisions you’ve made in the past decade.

A lawsuit filed against renowned entrepreneur J.T. Foxx and his wholly-owned entities for alleged sexual and other harassment was tossed out of court this past Thursday by Judge Murphy of the Los Angeles Superior Court.

In granting the Foxx Defendants’ Demurrer, Judge Murphy acknowledged the obvious prejudicial effect posed by the joinder of the Plaintiffs into a single Complaint. She allowed Plaintiffs Twenty (20) days leave to amend or be subjected to a final dismissal with prejudice, and stated that she will look very closely at any amended complaint which Plaintiffs may file.

Truly great ideas have been responsible for some of the biggest innovations in today’s world, behind some of the biggest corporations and at the heart of some of the most important parts of our everyday lives. While today’s world is full of numerous exceptional ideas, good ideas are nothing without the right people behind them. Good ideas would remain stagnant without the right people behind them to move these ideas forward and to turn these ideas into reality. The philosophy behind truly great ideas is that they have truly passionate people behind them so they can become more than just ideas, they can become reality.

So, how do these ideas transform at the behest of the passion of an individual person? It all takes the right person with the right idea and the right motivation to take that important first step. It takes quick, passionate and powerful implantation in order to take an idea and transform it into something more. For years, this philosophy has been at the heart of the teachings from successful business coach JT Foxx. The idea of speed of implementation has been one of the most important principles behind JT Foxx’s methods for success with his expert business teachings and they have led to the blossoming of some of the biggest successes in today’s business world.

With the right speed of implementation you can morph and change an idea drastically, and guide those ideas in the right direction so that they can reach their true fulfillment. Being the passionate, driving force behind an idea and being the one that takes this thought or dream into something more, takes initiative and the courage and speed to implement that idea. Speed of implantation means not being afraid to share your ideas. It also means not being afraid to make the first step and not being afraid to do the work that it takes to implement the idea and get the ball rolling on transforming the idea into something more. It takes a speed of implantation to no longer worry or feat the repercussions of revealing your idea and to take that first step.

Armed with confidence, and the willingness to stop talking about your ideas and start turning them into something more, the confidence you have to take the first step can be the confidence needed to carry you on through the next step and forward in your journey to implementation as you find new doors open and new ideas coming to life. Good ideas, are just that; ideas.

When Michael Dell, head of Dell Inc. revealed he struck a massive deal this week to take the company private; the entire business world was in shock over the numbers involved with this ground breaking deal. As the biggest leveraged buyout since the financial crisis first hit, Dell’s deal, which will have the company partnering with the Silver Lake private equity firm and Microsoft Corp, has taken the company a long way from its humble beginnings.

The record-breaking deal was agreed upon in an effort to take the powerhouse company, which began in a college dorm room, and turn it around without the pressures or feedback from Wall Street. After 24 years in the public market; the company which was once at the top of the personal computer realm, needed a massive change and that change came in the form of a $24.4 billion deal. After nearly a decade spent falling off their pedestal, the executives needed something that would put an end to their floundering; and according to Michael Dell and his team, this was just what the company needed.

According to reports involving the heavily scrutinized deal, Dell executives are still planning on sticking to their original expansion strategy from before the deal and will look to expand their software and computing services to large companies. The new movement for the company has many assuming that the focus on entering their corporate market and for becoming a full service provider for large companies will have Dell abandoning their low-margin personal computer business which first helped them rise to the top of their market.

However, Dell is keeping quiet on whether or not they have plans to abandon the personal computer sector and they are keeping quiet on what they will be doing differently as a private entity. Although there are many shareholders who are demanding more information and some who are claiming insider trade, there are others who believe this move is inevitable due to the recent decline of Dell’s share of the market.

Although the numbers surrounding the deal have had many in shock as the 11th largest buyout in history moves forward; many are still focusing their attention on the man at the center of the deal. After a hiatus from the CEO position, Michael Dell returned to the company in 2007 to attempt to turn Dell around. However, his attempts never gave Dell the boost they were looking for. This means now the company simply needs to hope that this new foray into the private sector will give the once high reigning company the edge it needs to regain its prominence in the market.