The place to ask China-related questions!
Beijing Shanghai Guangzhou Shenzhen Chengdu Xi'an Hangzhou Qingdao Dalian Suzhou Nanjing More Cities>>

Categories

Close
Welcome to eChinacities Answers! Please or register if you wish to join conversations or ask questions relating to life in China. For help, click here.

By continuing you agree to eChinacities's Privacy Policy .

Sign up with Google Sign up with Facebook
Sign up with Email Already have an account? .
0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Q: Any self-employed here?

Would you share how you made starting it then and how happy you are with it now..

6 years 23 weeks ago in  General  - Shenzhen

 
Answers (1)
Comments (1)
Posts: 1847

Emperor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Yes, I am self employed.

 

I spent a number of years teaching English whilst I studied the business culture, the do's and don'ts, the opportunities, the threats and learning the language to a standard that I do not have to rely on translators to get by. I took an unpaid internship at a similar type company to the one that I envisioned constantly picking the brains of various connections and the owner. I then took one last teaching contract on a low salary but with absolutely loads of free time. During my free periods, I set about writing a very comprehensive business plan.

 

When I was satisfied with the circumstances, I took the dive. I transferred sufficient money to pay the first 20% of the company registered capital. I agreed a time period with the government for putting up the other 80% of the capital.

 

The first year was harder than I expected but the second year brought the first major contract. I have been trading now for just shy of five years and the last couple of years have been tough. Never-the-less, I do get by and I turn a reasonable profit most of which exits the country at every available opportunity.

 

To be frank, self employment in China is very difficult and it is almost impossible to incorporate contingency in the business plan for every potential risk. The reason for that is the nature and type of risk changes frequently sometimes daily. Dealing with government bureaucracy and ever changing policies will be the eternal bugbear.

 

Yes, there are times when I dearly regret taking the plunge in China but It has made me a much stronger and more resourceful person. Recently I have considered whether now is the time to move on but my British stubbornness keeps me going.

Report Abuse
6 years 22 weeks ago
 
Know the answer ?
Please or register to post answer.

Report Abuse

Security Code: * Enter the text diplayed in the box below
Image CAPTCHA
Enter the characters shown in the image.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <br> <p> <u>
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Textual smileys will be replaced with graphical ones.

More information about formatting options

Forward Question

Answer of the DayMORE >>
A: There is not much on web for "Can you enter China with Covid-19 vaccin
A:There is not much on web for "Can you enter China with Covid-19 vaccination certificate?".US Embassy on Covid China ...https://china.usembassy-china.org.cn/covid-19-information/ Nothing set in stone, yet for "vaccine and international travel" by Wiki ... https://en.wikipedia.org/wiki/Vaccination_requirements_for_international_travel#COVID-19I read somewhere, vaccination shouldn't be older than 72-hours ... or that might be for the 'negative-Covid-test' ...If I wanted to get into China, I'd just hit Chinese Embassy in my home country with questions about 'how to enter Chino ..' -- icnif77