I still wait every week for these videos and this one is definitely one of my favourite’s. What a great business move with the China containers becoming too expensive so James bobbed and weaved, ducked and dived to find a solution in India! Love it. Thank you for taking the time to film these. 👍👍
Wow i am american and thinking of starting a manufacturing in India. American companies benefit from outsourcing manufacturing to India. Labor Costs, Affordable Products, Superior Results Your video helps, they seem easy welcoming
Absolutely brilliant insights into the supply chain. Everybody assumes Indian and Chinese labour is untoward, I think telling this story will help sell to your clients too. Win win!
Really interesting to hear you had language barriers in China. However having dealt with China over 20 years as a buyer I'm in agreement there are major issues in China with constant port closures and still sky high container costs. I'm current looking at Turkey as a manufacturing hub as products can be sent by road which brings down the lead time by a huge amount. Great video by the way and a joy to watch. Thank you.
Funnily enough we’re massively into Turkey too. We bring around 8 containers a year from Turkey, for the reasons you mention ( roads rather than ships ) we’re looking at this too. 2k for a container from Turkey looks so much better. Problem is, Turkey gets lots of raw materials from…… you’ve guessed it…… China!
@@JamesSinclairEntrepreneur This is the problem. We're massively reliant on far east raw material manufacturing. I used to buy materials for large format printers and if you want it cheap you have to source from China or Taiwan. Thanks for your reply and have a great and productive day 👍🏻
@@JamesSinclairEntrepreneur setup plant in Beed, Maharashtra because U will get Cotton at lowest price,Beed district famous for cotton pls do survey on this
@James Sinclair Thanks for your content. Appreciate it. If you don't mind me asking. What are the average cost of shipping a 20/40 ft containers from india?
Hello Carlrea ! I am an exporter from India and I dont know if I can help, but I can surely advise you or give you some great industry insights from India, if it helps :) Cheers 🍻 - Hari Norfolk Essentials, Ahmedabad
Always a good day when a new video comes out. Fantastic innovation and entrepreneurship. For the past 2 years I have been filling my back office team with some amazing people from India. Our connections into India are now deep and our focus over the next year is to further establish supply chains from there. Exciting times.
Another great video from you, James! Thank you for sharing. The warm welcome you received from the Indians was amazing. That is one thing you have to give them credit for. They are generally a warm and welcoming people (like in much of Asia). Your observation about too many people manning the same tasks was spot on. It is something you will observe in many parts of India, ie. multiple people trying to do the same tasks, which could effectively be done with far fewer hands. I suspect this is partly a reflection of the relatively very cheap labour costs in India. It might change in the future as the wage costs starts increasing, over time.
I look forward to these every single week. I absolutely love these videos, there’s be a massive gap in my life if they ever stopped!!! Keep them coming! 🙏🏻🙏🏻
No words to thank UA-cam for suddenly showing up a treasure like this! Mr. James, thanks a lot for sharing your experience here and inspiring people like me to become entrepreneurs. If I got a chance, I would love to serve a customer like you. God bless you for your noble works. I have subscribed to this channel without any second thought and I am also going to share this content with my friends too. Cheers!
James Sinclair youtube and podcast content is invaluable! After listening to many many episodes of the podcast, I have so much better understanding about starting, running and making business successful. Id say its one of the best business content on internet.
@@JamesSinclairEntrepreneur yes I did, quality is much better!! She's lovely, I am thinking to contact her to see if she could help with marketing for us.
Hi James, great video! I'm British but, I'm from Indian origin. I would like to start a textiles business in UK and manufacture products in India. However, I'm a bit scared. 1. I've heard corruption is a huge thing when it comes to starting a business in India. Is that something you encountered? 2. Also, in terms of domestic logistics, I've heard India mostly use road transport for nearly 70% of its goods transports. Did logistics increase the cost of your product compared to China for example? 3. How did you find Manu? How did you establish a trust with him? 4. Also, I don't know where to start. There is no step by step process to start a business in India and there seems to be too much bureaucracy. Did anyone help you? 5. Why didn't you chose Southern states like Tamil Nadu or Karnataka or even Gujarat which have better transport links and better roads?
Hi Arjun, I'm from kerala originally but have settled in the UK workign a fulltime job. I'm more than happy to help with your textile business idea. My uncle does textile business in India and is doing well, I can hook you up with him, you can trust us for sure. I've been looking to doing something as well but don't have the capital.
@@JamesSinclairEntrepreneur I know i could se you was, that's how much your changing there life's there and how thankful they are, what great people! Great to watch :)
James I’ve been passively watching your videos to learn more about business and entrepreneurship. I don’t run or own a business but find it fascinating to learn how it’s done. Thanks for sharing the insight and bringing energy to our screens. This series of a toy factory in India 100% needs better exposure, it’s quality deserving of a larger audience. I’m curious, whilst frugal on cost and generous on investment how do you see the marketing potential of your UA-cam channel? Are you setting targets like any other business you run. Keep it up! 🙌🏼
Always setting targets. I want our UA-cam channel to be absolutely massive and inspiring to people. The channel generates great revenues even at this size so I won’t stop.
Indians in general are warm and welcoming people. One of the important proverbs that is ingrained deep in Indian culture is 'Atithi Devo Bhava'. It is a Sanskrit phrase, and it means 'the guest is equivalent to God'.
Hello.. I am a newbie business consultant and I can definately advise you or give you market insights to help start your business. No charge. :) Hari Norfolk Essentials, Ahmedabad
I'm sure you're going to cover this, but what I found really interesting is that you're trying to get to 500,000 bears a year (ideally a million). With 67 million people in the UK, that's 0.74% of all people in the UK buying a bear from you each year. Will you run out of customers? How did you work out that market size? I'd love to dig into these juicy numbers 🙂 Amazing content as always. Such a unique story, well told and edited. Keep up the great work 😁
I always think what you’re thinking about our own business. With only 67m in the UK this surely can’t stack. However - if you go into most children’s bedrooms they’ll have around 100 teddies; ours certainly do! So that’s 200 in our house. In our farm attractions the biggest selling items are soft toys making around 30% of the sales. ( 450,000 visitors a year ) Our soft toys are not made for retail but for holiday parks and attractions, a big chunk being Christmas grottos. So 500,000 is just the orders we’ve already got. I’m thinking we can make 500k more for just basic growth.
@@JamesSinclairEntrepreneur that's really interesting. Thank you! Yeah, I know kids have WAY too many bears in general. And you avoid retail. I was just working out the numbers haha. Thanks for the reply. :)
How is the process to open the factory in india for an extranger? Could you make a video about this with legal implications, investment floor and these details.
as much as i enjoy your content, i cannot condone outsourcing work to India. i get youre here trying to make money. but you should be building this factory in the UK. Hiring people in the UK that are desperate for work.
You just can’t do it; I have tried. I would love to do it. If you could make me 10k teddy bears a month and get the material and make it we will willingly pay you. You’re first challange would be sourcing the material which isn’t made even in Europe, in many cases it’s not even made in India, a lot comes from Vietnam and China. In a addition this is a global world, we’re all human being and as patriotic as I am - I love that we’re improving livelihoods in a global way.
Lol, then you're going to have to pay £200+ for a teddy bear. You can't have high wages and low cost products, pick one. For all we know, this dude is paying more than a fair market rate - local to his factory.
In UK you can build other things, expensive stuff...let's live the teddy bears and other low cost to low cost countries like India/China/Turkey..etc. They need to survive too, they way they ca buy our stuff and visit our country.
@superguy7044 we buy super expensive Rolls Royce engines from you and you buy the low cost teddy bears from us. And also send those desperate to work from your country to India and help us develop the knowledge and skills of our people, by that way the desperate also improve their lives. So we will have win win situation! 😜
I'm thinking about coming from America to attend your masterclass later this month. However, I'm not sure if you will talk about import/export? That is the business I am in the process of setting up and will be going to China next month as well.@@JamesSinclairEntrepreneur
Im from Mumbai, India, proprietor of Bagesri International dealing in towels, bath mats and also a member of Federation of Indian Export Organization. Anyone looking for collaboration?
Everyone says that but we won’t just put rubbish in! Have you checked my podcasts out? We’ve got 200 episodes there and eventually they’ll be made into video so we will have longer form content
Good afternoon friends! Many companies left Russia. Excellent opportunities for starting a business have opened up. Ready to help launch your business here in Russia. Any suggestions write me to the mail that is indicated in the profile, section "about the channel" Sincerely, Denis Smirnov.
I appreciate we’re not seeing the full picture, but it seems odd to spend all of that money on machinery, staffing and all that jazz for a factory with a limited capacity, especially when you consider that 3rd party factories are happy to work on such low margins. Are margins really that tight on the teddies? Looking forward to the next episode :)
There’s a whole floor not utilised so for a circa 40k investment we can treble the production. The point is control and a lot of our customers will love the traceability of product in one place.
@@JamesSinclairEntrepreneur makes so much sense to get out China and set up there with nicer people and having full control, bet you never got treated like King James the Great of Essex in China
Hello sir . We are can provide u millions of soft toys per month.. at very good Quality and cheap rates..we also give u pvc pouch packages of your toys..at very cheap rates . All over the world..
Even china companies are setting up factories in India for the past few years, situation in china is quite bad.
I have seen evidence of this too.
India still has a lot of available labor force.
I still wait every week for these videos and this one is definitely one of my favourite’s. What a great business move with the China containers becoming too expensive so James bobbed and weaved, ducked and dived to find a solution in India! Love it. Thank you for taking the time to film these. 👍👍
Wow i am american and thinking of starting a manufacturing in India.
American companies benefit from outsourcing manufacturing to India. Labor Costs, Affordable Products, Superior Results
Your video helps, they seem easy welcoming
Absolutely brilliant insights into the supply chain. Everybody assumes Indian and Chinese labour is untoward, I think telling this story will help sell to your clients too. Win win!
Really interesting to hear you had language barriers in China. However having dealt with China over 20 years as a buyer I'm in agreement there are major issues in China with constant port closures and still sky high container costs. I'm current looking at Turkey as a manufacturing hub as products can be sent by road which brings down the lead time by a huge amount. Great video by the way and a joy to watch. Thank you.
Funnily enough we’re massively into Turkey too. We bring around 8 containers a year from Turkey, for the reasons you mention ( roads rather than ships ) we’re looking at this too.
2k for a container from Turkey looks so much better.
Problem is, Turkey gets lots of raw materials from…… you’ve guessed it…… China!
@@JamesSinclairEntrepreneur This is the problem. We're massively reliant on far east raw material manufacturing. I used to buy materials for large format printers and if you want it cheap you have to source from China or Taiwan. Thanks for your reply and have a great and productive day 👍🏻
@@JamesSinclairEntrepreneur setup plant in Beed, Maharashtra because U will get Cotton at lowest price,Beed district famous for cotton pls do survey on this
@James Sinclair Thanks for your content. Appreciate it. If you don't mind me asking. What are the average cost of shipping a 20/40 ft containers from india?
Hello Carlrea !
I am an exporter from India and I dont know if I can help, but I can surely advise you or give you some great industry insights from India, if it helps :)
Cheers 🍻
- Hari
Norfolk Essentials, Ahmedabad
Well done! Have sent to UK India Business Council. Great video.
So many opportunities for our 2 countries to do more together. Thank you for sending it over.
You've taken things to the next level with this video, James! Jeez, both with the substance and the video production 💯
Thanks matey! Kind of you to say! Please share it!
Pune is a good place but you should try surat as well. You will get good fabric for your toys dere as well
Always a good day when a new video comes out. Fantastic innovation and entrepreneurship. For the past 2 years I have been filling my back office team with some amazing people from India. Our connections into India are now deep and our focus over the next year is to further establish supply chains from there. Exciting times.
Another great video from you, James! Thank you for sharing.
The warm welcome you received from the Indians was amazing. That is one thing you have to give them credit for. They are generally a warm and welcoming people (like in much of Asia).
Your observation about too many people manning the same tasks was spot on. It is something you will observe in many parts of India, ie. multiple people trying to do the same tasks, which could effectively be done with far fewer hands. I suspect this is partly a reflection of the relatively very cheap labour costs in India. It might change in the future as the wage costs starts increasing, over time.
I look forward to these every single week. I absolutely love these videos, there’s be a massive gap in my life if they ever stopped!!!
Keep them coming! 🙏🏻🙏🏻
Can’t wait!
Hope you enjoy Matt!
@@JamesSinclairEntrepreneur did not disappoint! Really interesting and great production value! Looking forward to the next one
Only just watched the full video. 10/10 for everything!! James you are an inspiration!!
Thanks Matt. Hope it helps!
No words to thank UA-cam for suddenly showing up a treasure like this!
Mr. James, thanks a lot for sharing your experience here and inspiring people like me to become entrepreneurs. If I got a chance, I would love to serve a customer like you. God bless you for your noble works.
I have subscribed to this channel without any second thought and I am also going to share this content with my friends too.
Cheers!
Thanks so much!
Very warm welcome brother I am very proud to be Indian☺️
James Sinclair youtube and podcast content is invaluable! After listening to many many episodes of the podcast, I have so much better understanding about starting, running and making business successful. Id say its one of the best business content on internet.
Bless you. Have you listened to our latest podcast? We’ve upped the audio quality of our guests now so it’s even better to listen to!
@@JamesSinclairEntrepreneur yes I did, quality is much better!!
She's lovely, I am thinking to contact her to see if she could help with marketing for us.
Soooo good. Very cool. Love seeing this. Boots on the ground, let's work through the issues. What's holding it back, how can we solve that. Brilliant
Hi James, great video! I'm British but, I'm from Indian origin. I would like to start a textiles business in UK and manufacture products in India. However, I'm a bit scared.
1. I've heard corruption is a huge thing when it comes to starting a business in India. Is that something you encountered?
2. Also, in terms of domestic logistics, I've heard India mostly use road transport for nearly 70% of its goods transports. Did logistics increase the cost of your product compared to China for example?
3. How did you find Manu? How did you establish a trust with him?
4. Also, I don't know where to start. There is no step by step process to start a business in India and there seems to be too much bureaucracy. Did anyone help you?
5. Why didn't you chose Southern states like Tamil Nadu or Karnataka or even Gujarat which have better transport links and better roads?
Hi Arjun, I'm from kerala originally but have settled in the UK workign a fulltime job. I'm more than happy to help with your textile business idea. My uncle does textile business in India and is doing well, I can hook you up with him, you can trust us for sure. I've been looking to doing something as well but don't have the capital.
Good video. This guy seems very genuine. Enjoyed it. Thank you.
James is so good with people
Thank u for choosing india 🇮🇳🇮🇳🇮🇳🙏🏻
I love India!
King Jimmy Boy from Essex lol what a welcome!!!
Tell me about it- I was overwhelmed!
@@JamesSinclairEntrepreneur I know i could se you was, that's how much your changing there life's there and how thankful they are, what great people! Great to watch :)
What a great Video! Thanks for the consistent awesome content James!
James I’ve been passively watching your videos to learn more about business and entrepreneurship. I don’t run or own a business but find it fascinating to learn how it’s done.
Thanks for sharing the insight and bringing energy to our screens. This series of a toy factory in India 100% needs better exposure, it’s quality deserving of a larger audience.
I’m curious, whilst frugal on cost and generous on investment how do you see the marketing potential of your UA-cam channel? Are you setting targets like any other business you run.
Keep it up! 🙌🏼
Always setting targets. I want our UA-cam channel to be absolutely massive and inspiring to people.
The channel generates great revenues even at this size so I won’t stop.
This is fantastic!! Awesome content mate
Thanks so much for watching we’ve got some great stuff in the pipeline!
Great video. Can't wait for part 2.
Next week baby!
This is next level! Cannot wait to see the next episode
Coming out soon!
This behind the scenes content is magical Jimbo! Thank you for giving us an insight into your business world. 😉
that thumbnail is brilliant - great vid
Dude... The way they welcomed you, is this customary?
It’s customary for important occasions
@@JamesSinclairEntrepreneur Amazing! I'd feel so honored.
Indians in general are warm and welcoming people. One of the important proverbs that is ingrained deep in Indian culture is 'Atithi Devo Bhava'. It is a Sanskrit phrase, and it means 'the guest is equivalent to God'.
Man. Can I hire Mani? I am saving up to open call center to help market companies and factories with demands.
Hello.. I am a newbie business consultant and I can definately advise you or give you market insights to help start your business. No charge. :)
Hari
Norfolk Essentials, Ahmedabad
LOVE THIS!
What a great video! Most insightful and entertaining.
I love watching your UA-cam videos they are always so good and I'm subscribed to your channel
too so I know when a new video is posted
Thanks Reece!
Have you got any new videos coming out for February half term
James, thanks for taking us all along into your meetings too and great to see you also having fun too 👍🙏⭐️
Love these videos James, always learning when seeing how you conduct yourself. Top guy
Thanks Jamie.
First they took the spices now they are taking the teddy bears😂
I'm sure you're going to cover this, but what I found really interesting is that you're trying to get to 500,000 bears a year (ideally a million).
With 67 million people in the UK, that's 0.74% of all people in the UK buying a bear from you each year. Will you run out of customers? How did you work out that market size? I'd love to dig into these juicy numbers 🙂
Amazing content as always. Such a unique story, well told and edited. Keep up the great work 😁
I always think what you’re thinking about our own business. With only 67m in the UK this surely can’t stack.
However - if you go into most children’s bedrooms they’ll have around 100 teddies; ours certainly do! So that’s 200 in our house.
In our farm attractions the biggest selling items are soft toys making around 30% of the sales. ( 450,000 visitors a year )
Our soft toys are not made for retail but for holiday parks and attractions, a big chunk being Christmas grottos. So 500,000 is just the orders we’ve already got. I’m thinking we can make 500k more for just basic growth.
@@JamesSinclairEntrepreneur that's really interesting. Thank you! Yeah, I know kids have WAY too many bears in general. And you avoid retail. I was just working out the numbers haha. Thanks for the reply. :)
Love this one!!
Thanks Shantelle - hope you’re well!
this is great content James, road to 100k subs soon !
One day please 🙏 UA-cam needs to help me out.
There's not labour shortage there.
Great video looking forward to part 2👍🏻
How is the process to open the factory in india for an extranger?
Could you make a video about this with legal implications, investment floor and these details.
How does it working with safety testing the teddy bears?
Surely that’s a big investment making sure the paperwork sorted?
Great insight roll on part 2
Massive, every line has to be tested and sent to a lab. You can’t sell on Amazon or to any big retailers with out this.
as much as i enjoy your content, i cannot condone outsourcing work to India.
i get youre here trying to make money. but you should be building this factory in the UK. Hiring people in the UK that are desperate for work.
You just can’t do it; I have tried.
I would love to do it.
If you could make me 10k teddy bears a month and get the material and make it we will willingly pay you.
You’re first challange would be sourcing the material which isn’t made even in Europe, in many cases it’s not even made in India, a lot comes from Vietnam and China.
In a addition this is a global world, we’re all human being and as patriotic as I am - I love that we’re improving livelihoods in a global way.
Lol, then you're going to have to pay £200+ for a teddy bear. You can't have high wages and low cost products, pick one. For all we know, this dude is paying more than a fair market rate - local to his factory.
In UK you can build other things, expensive stuff...let's live the teddy bears and other low cost to low cost countries like India/China/Turkey..etc. They need to survive too, they way they ca buy our stuff and visit our country.
@superguy7044 we buy super expensive Rolls Royce engines from you and you buy the low cost teddy bears from us. And also send those desperate to work from your country to India and help us develop the knowledge and skills of our people, by that way the desperate also improve their lives. So we will have win win situation! 😜
Inspirational James as always
Great video James 😎
James wondering why he doesn't get this reception when he turns up to his businesses in the UK 😂 😂
Great video!
Brilliant James, Ive started looking at Turkey as like you said shipping from china is too much
We buy an incredible amount from Turkey too,
Good thing about Turkey - if you need speed they can drive it over!
@@JamesSinclairEntrepreneur yes shipment is good, also from what i understand no issues with customs etc...
@@JamesSinclairEntrepreneur Do you attend the trade shows? looking at going to one end of March 2022
@@jayph77 no, we have our key suppliers in Turkey already.
How many shifts per day are you running James?
Interested to understand if you used a local person to help pull all this together? Or did you start engaging in the UK first?
Started in the UK?
Are you doing weekend shifts in the factory. There will be lots of people queuing for a job.
The mr maker of the money making
Where is part 2?
It’s on the channel. If you list them in order it’s the we released after this one. Thanks .
I'm thinking about coming from America to attend your masterclass later this month. However, I'm not sure if you will talk about import/export? That is the business I am in the process of setting up and will be going to China next month as well.@@JamesSinclairEntrepreneur
Im from Mumbai, India, proprietor of Bagesri International dealing in towels, bath mats and also a member of Federation of Indian Export Organization. Anyone looking for collaboration?
Need longer videos lol
Everyone says that but we won’t just put rubbish in! Have you checked my podcasts out? We’ve got 200 episodes there and eventually they’ll be made into video so we will have longer form content
i love you jimbo
Hahahaha I love you too!
Good afternoon friends!
Many companies left Russia. Excellent opportunities for starting a business have opened up. Ready to help launch your business here in Russia. Any suggestions write me to the mail that is indicated in the profile, section "about the channel"
Sincerely, Denis Smirnov.
Is dabbing on China cool?
Do you want to start anything together in Pakistan.
It’s a crime for these videos to be 30mins!!!
I appreciate we’re not seeing the full picture, but it seems odd to spend all of that money on machinery, staffing and all that jazz for a factory with a limited capacity, especially when you consider that 3rd party factories are happy to work on such low margins. Are margins really that tight on the teddies? Looking forward to the next episode :)
There’s a whole floor not utilised so for a circa 40k investment we can treble the production.
The point is control and a lot of our customers will love the traceability of product in one place.
@@JamesSinclairEntrepreneur makes so much sense to get out China and set up there with nicer people and having full control, bet you never got treated like King James the Great of Essex in China
@@mattclark7634 🤣🤣
East India company started doing this type of thing from 1600s as they say nothing new under the sun.
Is that lady with you your wife?
😂😂😂 no she’s my group commercial director; who’s worked with for me for nearly 15 years!!
Hello sir . We are can provide u millions of soft toys per month.. at very good Quality and cheap rates..we also give u pvc pouch packages of your toys..at very cheap rates . All over the world..
India > China!
I once sent a guy in India some money... I think he was a Prince or something.
Nigeria or India?
THE RETURN OF BRITISHERS 🤣🤣