What You Can Learn From the Chinese About Business | Ep. #886

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Episode #886

What You Can Learn From the Chinese About Business

January 03, 2019

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In episode #886, we discuss what you can learn from the Chinese. Tune in to hear why “copying” isn’t a bad thing.

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TIME-STAMPED SHOW NOTES:

[00:27] Today’s Topic: What You Can Learn From the Chinese About Business
[00:35] Eric has been reading a book AI Superpowers.
[00:54] As China was becoming a big world power, they had a lot of catching up to do when it came to the internet/technology.
[01:15] So, there was a lot of copying.
[01:28] Look at what other people are doing and out-execute them.
[02:05] Copying caught them up, but now they are the innovators.
[02:20] The Chinese don’t just work five days, 9-5.
[02:35] If you love what you’re doing, you won’t get burned out.
[02:50] You don’t need a life.
[03:10] The Chinese work 9am-9pm, 6 days per week.
[03:33] Eric and Neil work 7 days per week and they don’t get burned out.
[04:15] Even in America, copying is becoming more acceptable.
[04:45] All the apps with “Stories” copied Snapchat.
[05:25] Noah Kagan copied a lot from HelloBar.
[06:00] WeChat is a powerful app.
[07:03] Leverage the best concepts and apply them to your business.
[07:26] That’s it for today!
[07:34] Go here to see how many downloads the show is getting. Also rate and review to help us meet our goal of 1 Million downloads per month. Hopefully, we’ll see you at the live event in L.A.!