All Press Releases for September 26, 2015

Zengo & Co. Reviews what Entrepreneurs Can Learn from China

As the economic powerhouse that is China needs to adapt to a changing market to sustain their growth, Zengo & Co reveal that their cheap labour model cannot last, however there are two important lessons entrepreneurs can learn from China.



    CHICAGO, IL, September 26, 2015 /24-7PressRelease/ -- Although China still ranks among the fastest growing economies in the world, the country's growth rates have decreased notably over the past few years. Zengo & Co state that should China want to remain an international economic super power, it will need to substitute its current growth model - one largely based on abundant, cheap labour - with an emerging entrepreneurial economy.

About Zengo & Co: http://www.zengoandco.com

Entrepreneurship has been recognised as an important driver for sustainable economic growth. It contributes massively to economic development by fuelling job markets through the creation of new job opportunities, increasing levels of innovation and intensifies levels of market competition. Zengo & Co state that entrepreneurship and innovation is the key to replacing the county's unsustainable model of cheap labour. The firm uses an article from Forbes (www.forbes.com, What entrepreneurs should learn from China, 9th Sept 2015) to outline the lessons that can be learnt from China's past business model and new wave of entrepreneurs.

Firstly, strength; 30 years ago China's cheap labour and supply and demand economy was booming and this was the strength that they had over other nations. Entrepreneurs must be head-strong and determined in order to achieve business success, just like China was when they encouraged American operations to relocate their production to their country. Secondly, entrepreneurs need to be able to adjust to change. China is changing their business model because low wages and supply and demand control is no longer working. It is easy to replicate tried and tested business models, so trying to identify gaps in the market is a challenge, which China has to adapt to.

Zengo & Co is an exciting sales and marketing firm providing client's businesses with face to face sales and marketing campaigns. The firm's goal is to increase client's brand and service recognition in specific target markets. By focussing the firm's efforts of face to face, relationship-based marketing and sales approach, Zengo & Co are able to bring clients life-long customers with increased name-brand recognition and high levels of customer loyalty.

Zengo & Co are excited by the prospect of China entering a new wave of entrepreneurship and innovation and offer their own support to entrepreneurs looking to make their mark within the sales and marketing industry.

Zengo & Co. specializes in a personalized form of direct marketing in order to generate quality leads and deliver a high ROI to their clients.

For more information Follow @ZengoAndCo on Twitter and 'Like' them on Facebook.

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Contact Information

Nuhi Shahin
Zengo & Co
Chicago, Illinois
United States
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