Inside My Chinese Startup the Industry Wants Shut Down

The building materials industry doesn't want this company to exist. Competitors have already convinced factories to ban us from buying their best stock - because what we're doing breaks their entire business model: buying direct from Chinese factories and selling straight to customers, with every middleman cut out. In this episode, one day in Foshan - the tile capital of the world. A supplier breaks down, layer by layer, how the middleman machine really works and why the tiles you buy back home cost 10x what they should. You'll learn the payment-terms secret that keeps the whole system alive, the first-year rule of negotiating in China, and the MOQ trick that cuts your upfront cash by 90%. Plus two strangers from England walk in off the street and prove exactly why we built this. It's also the hardest day we've had: Connie's last. Our first employee - the person who found every supplier and built every relationship in this series - hands it all over to Matthew. Want to see what we are building: https://linktw.in/ivnIGJ ABOUT THE SERIES Building Bloom Build follows Jack Bloomfield as he moves to Hong Kong to build a direct-from-factory building supply business out of China. New episode every Saturday 5pm AEST Watch from EP1:    • Bloom Build: Building a Billion Dollar Sta...   CHAPTERS 00:00 The Biggest Day Yet 00:51 We Got Banned 03:36 Insider Insights 05:59 The 10x Markup 12:27 Our Last Lunch 15:41 The Aldi Playbook 19:33 The One Rule 21:09 The Latest Hire 22:51 Strangers 23:44 What Nobody Gets 26:33 One More Door 27:17 Never Negotiate First 29:25 Real as it gets 30:44 The Handover 33:07 Goodbye FOLLOW JACK Instagram:   / jackbloomfield   #BuildingBloomBuild #JackBloomfield #HongKong #ChinaStartup #buildinpublic