WTOIP Global - Help Foreign Tech Startups Launch Business in China

Apart from the most obvious language barriers, the laws and regulations that startup s should follow, the financial support of startup companies   and the localization construction in China are the common barriers in   starting a business in China . First, N ot Clear to the Chinese Laws and Regulations  for Startups and IP Protection . If a startup wants to complete a lot of complicated documents and procedures in China, it is quite difficult and will take a long time . During this period, foreign startup companies may face huge losses in money and technology due to problems such as market technology plagiarism and lack of awareness of IPR  protection. Thus , if you want to launch  business in China, you must quickly find an institution  that  can help to solve the problems of China’s rule and  law  for startups as well as the intellectual property protection, to help your compan y   set up  business in China. Seco...

Technology is now changing the world. For people with technical experience and background, one of their dream maybe start their own business. Many of you do know that China has become the world's second largest economy, constituting a super driving force as to the global economy and technological innovation. So China is becoming one of the perfect destinations, and below are some basic steps for tech startups to start business in China . Know Your Target Customers Often, many tech startups which focus on technology upgrade may not take into consideration about why and how their target customers use the product. All they care about is jumping in the development from the get-go. It’s much easier to get busy instead of being premeditated, prudent, sober. However, investing in the preparation stage without a right direction will only bring disproportional results down the road. Which problem is the product really trying to solve? And who are the real target customers? Th...

A great business pitch is among the first of many hurdles a foreign startup must jump to start business in China . For every 1,000 pitches an investor hears, he or she will fund only 100 of them. Statistically, the odds for success are not great. You can beat the statistics, however, by crafting a pitch that that turns heads and gets funded. Sometimes you only get 10 minutes to pitch your business opportunity to the investors, and below is a format have been successfully used by most contestants from IPIEC Global , an international innovation & entrepreneurship contest organized by WTOIP . Problem: Show a problem to solve, ideally one that investors will understand immediately, and relate to. This is very important to start business in China as, if presented well, sparks the interest of the investors. Angels and VCs are looking for disruptors and if you present them with an idea that tackles an important problem you will have their attention. S...

No two leaves are alike, so are entrepreneurs, but great entrepreneurs still have some common characteristics that lead to success. Since last year, we have reviewed a variety of entrepreneurial stories, and summarized five key characteristics for the sucessful entrepreneurs in the field of innovation and business sectors. We hope this insight can help foreign startups better understand how to start business in China . They Like Sharing Their Passion With People Around Them Entrepreneurs understand that they can not run business alone. Gautam Gupta, CEO of NatureBox, has said: "In a long period of time when you start business, you are going to work very hard and experience tough days. So for this time you have to share similar values with your colleagues, which will finally convert into a positive customer experience, and that’s the secret of successuflly starting your business.” They Know Themselves Well Only when you know enough about your strengths and weakness...