Foreign Companies Getting Squeezed for Pay Increases in China

Posted by Michael Michelini | Jun 18 2010 | Comments (0)
Back to Shenzhen for a couple days now, and just been hearing all over about foxconn factory (the one where I blogged about the chinese factory suicides) HAS DOUBLED the salaries of their workers.  Here is an article I read from a Taiwanese newspaper: Commercial...

Suicides in a Chinese Factory – Who To Blame?

Posted by Michael Michelini | May 27 2010 | Comments (8)
Been spending over a week here in Shanghai, with the majority of my time around ecommerce and ebay where Mike Song’s office is. Been seeing how he manages his office and organizes the workflow, has been very interesting. I mentioned the other day how much...

American in China Doing Business in USA – The Endless Struggle

Posted by Michael Michelini | May 22 2010 | Comments (6)
I guess if it was easy, everyone would be doing it. And as much as I complain, I like the adventure, the struggle. But hey, I have to vent. While I am traveling in Shanghai, my USA merchant account was PUT ON HOLD. Piling up problems taking payments from resellers,...

Being WEALTHY Is All In Your Mind!

Posted by Michael Michelini | May 01 2010 | Comments (4)
Just read a great article – where all that money went from the financial meltdown that came from the NY times. It speaks of how in the past couple years, American households have lost 11 trillion dollars of WEALTH. But then it says, WHAT IS WEALTH , what...

To Start a Business – Its Not Only Money

Posted by Michael Michelini | Mar 07 2010 | Comments (5)
its will and drive. its about focus. Its about going against the odds. Its having the strength to keep going, even when maybe your closest friends think you’re completely insane. I just refuse to give up. Maybe its the way I grew up, but I feel I need to...

Is it really that great to win the lottery?

Posted by Michael Michelini | Dec 15 2009 | Comments (11)
Ya, sounds crazy right….but everyone must think how great it is to win the lottery, yet…have we considered the ramifications? Here are some reasons i would consider it more: If it were kept private – i think the feeling of winning the lottery...

Jobs Sent to India & China will never return

Posted by Michael Michelini | Dec 13 2009 | Comments (0)
Just read an article from an Israeli company statement that jobs outsourced to India and China and other emerging markets will never return to Israel.  And for the country to continue to thrive, it must focus on innovation and original ideas. Baharav said, “The...

Shadstone buyout of newyorkbarstore

Posted by Michael Michelini | Dec 11 2009 | Comments (3)
This is another emotional transaction in my life….but in the process of transferring the assets and liabilities of the parent companies of newyorkbarstore.com and newyorkbarstore.co.uk to shadstone hong kong company…. This parallel phenomena was the...

Too many people spend too much money

Posted by Michael Michelini | Dec 01 2009 | Comments (14)
“Too many people spend money they haven’t earned for things they dont like to impress people they dont like” – Will Smith This is a great quote…i mean, funny because its so damn true!! But sad at the same time. And its even sadder...

Interview with Friend, MBA student, Jonathan Conte

Posted by Michael Michelini | Nov 23 2009 | Comments (3)
I have been spending a lot of time with my friend Jon Conte, whom I met in ITALY back in 2003 when we were part of a scholarship program for Italian Americans to learn about their heritage in Italy…..we were both living in New York at the time, so after our...

More Bank of America Fights – international travel issues

Posted by Michael Michelini | Jun 08 2009 | Comments (3)
Just want to log this in the journal….I am trying to make a payment to someone in USA, rather urgent. took some time collecting the proper information – account details, wire information, zip code, etc. I get to the online banking, and what stops...

Thank You For Calling Bank of America

Posted by Michael Michelini | May 20 2009 | Comments (9)
another interesting fact when moving abroad, especially China…is not only the time difference but dealing with finances from back home in USA. US credit collapse So, lets go through this saga step by step - 1) newyorkbarstore.com’s credit card program...

Expat Joys – Passport Visa in China

Posted by Michael Michelini | May 10 2009 | Comments (3)
having dinner with Brent today, discussing chinese visas, passport expirations, all those worries one needs when traveling in a country that requires a passport visa, and then I realized my current visa expires TOMORROW!!!!! Basically, after dinner, quickly met...

About

American ecommerce guy, I've been living in South China - Shenzhen, Hong Kong, Dongguan (+ a touch of Philippines) since end of 2007.

Successfully selling online since 2004, took it fulltime early 2007. Love international business & connecting, and working on ways to give hard working people global opportunities. (Read More...)

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