Entrepreneurs can party ...at least they can after 25 years in business. In conversation with Scott Stockdale. Part 1
The UnNoticed Entrepreneur October 24, 202000:20:1413.96 MB

Entrepreneurs can party ...at least they can after 25 years in business. In conversation with Scott Stockdale. Part 1

Here I am with Scott Stockdale of Entrepreneurs can party. This is part 1 of 2 episodes because the original show is 40 minutes and I keep all my shows below 20 minutes. The second episode follows:

" Vision, problem, solution." – Jim James 

Key Points: 

Learning Mandarin Chinese by listening to public radio in Beijing

Conducting business in a foreign country

Jumping out of an aeroplane and why I decided to set up shop in Singapore

Handling doubts and failures 

Leaving 20% of your assets at home when you move abroad.

Be sure to follow Scott on Instagram @entrepreneurscanparty

SPEAK|Pr is for business owners to unlock the value in their organization for free with effective communication and is hosted by international Pr agency owner and entrepreneur Jim James.

Read the article version of this episode - https://theunnoticed.cc/episode/entrepreneurs-can-party-at-least-they-can-after-25-years-in-business-in-conversation-with-scott-stockdale-part-1

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Hello and welcome to this episode of speak piano. It's a little bit of a special issue where actually I'm being interviewed. Scott Stockdale who has a podcast called entrepreneurs can party kindly invited me to share some of my life story as an entrepreneur for over 25 years of starting businesses in Asia and now the UK. So instead of a PR Talk, I'm going to actually share some experiences that I've had about businesses and running businesses in the UK, Singapore and China, and my experiences of how I even got into public relations. So I'm going to turn over the mic to Scott, who, in turn interviews me, I hope you enjoyed this. Hey, come on in and welcome to entrepreneurs can party. Let me show you around. This is an entrepreneurship podcast for business owners, entrepreneurs, creatives, and those aspiring to be so the aim is to introduce you to inspiring like minded people doing what they love every single day, and having so much fun in the process. You see, business can and should be fun, you'll have the opportunity to hear their stories, be given tools and advice to succeed, and to taste what is possible when you think and dream bigger. me. I'm your host, Scott Stockdale, and I'll be learning just as much as you as I show you around. It's my job as a fellow entrepreneur to tease out their habits, routines, successes, failures, favourite resources, books, etc, etc. All that good stuff. Alrighty, make yourself at home, grab yourself a drink, and let's get this party started. Hey, welcome to Episode 68 of entrepreneurs can party. I'm your host Scott. And on today's episode, I am joined by Jim James. Jim is an entrepreneur and PR specialist who has provided counsel to over 500 clients since 1995. With East West PR agency, just to make you feel old Jim, that was the year I was born. So a very long time. So yes, since 1995, Jim has run three suitcase startups. We'll explain what that means in the episode. And it started when he flew to Singapore at age 28 to start a business he had never run before. In 2006, he started one of several businesses in Beijing. In 2020, he returned to the UK to build an international agency without any employees, his team of ondemand professionals operate remotely from all over the world. Now, Jim's knowledge and experience oozes during our charts, particularly when it comes to practical business development tips. In our wide ranging conversation, we discuss how Jim learned Mandarin Chinese, which is something I'm currently learning as well, why he decided to set up shop in Singapore, leaving 20% of your assets at home when you move abroad. On so, so much more. So without further ado, I am delighted to be able to welcome you to the wonderful Jim James. Okay, so hey, Jim, welcome to the show. Scott, thank you for having me on. entrepreneurs can party I love the podcast, love the way that you're building this up. Thank you so much. Jim means a lot to me. And it's a pleasure to have you on I know we've chatted a couple of times now and it's a delight to finally have you on and the fact you've gone to so many lengths because for listeners listening right now, Jim is currently in Somerset orchard in his comfort zone. Three minutes to make this work. Sounds like you're on Jim, do you have a party trick or hidden talent that people might not be aware of? We are Scott, you may not know this. I was a little bit of time thinking that I might be from Louisiana. When I was a little boy I just took I lived in South Carolina. But everybody said I really should have been from Louisiana. Not from South Carolina. But I don't know. I love it. It's very, very Tom Hanks Forrest Gump. Your wife she's a fun Isn't that right? She likes the Louisiana accent. My wife's from also went to South Carolina, North Carolina University. And when I do that, I do my bubble shrimp. And one of the few times I can get it to laugh I think she's laughing at me rather than with me. Take it all the way laughs off? Well, I'm so like I said I'm so happy to have you on PR is your it seems to be the name of your game. So very much looking to kind of dive into a little bit of that. Something which really stood out for me. Well, so many things that stood out for me kind of doing the research into your background, one of which is actually being in Beijing and Singapore. So something I wanted to ask you is can you speak Mandarin Chinese? And the reason I'm asking this is because it's something I'm currently learning at the moment so I've been learning Mandarin the last few months. I did. When I went to China myself in 2015, I figured that I probably needed to learn a bit of Mandarin, which I've since forgotten most of it. But I figured you know what? People in China might not speak English. So yeah. What's your Mandarin Chinese? Like? Can you speak? And can? You can? Yeah, I think I think the answer is that my children prefer it if I don't. I was in China for 13 years. And in 2004, I went to the blcu, the Beijing language and culture, university. And I studied for eight weeks in the morning, then I ran my PR firm in the afternoon. And I learned enough to get around. And over 13 years in China, right, I felt quite proud of my achievements. But my children say that I shouldn't do it in public. I, as far as I'm concerned, I can get enough food transport. I've done some business in Chinese. But I didn't take any, any of the qualifications. with it. I believe there's over 800 characters just all you know, like, I suppose the equivalent of the UK alphabet, which would be what 20 however many there are. And then yeah, to go from that to like, 100. Well, the real the real problem is Mandarin is that it's character based, as opposed to alphabet base. So, you know, once you learn the 27, alphabet letters, you can build any number of words, but in Chinese, you have to learn that character for itself. And the second thing is that the characters don't sound the same as the look. And the third element is that two characters together can mean different things than standalone. So my favourite is core, which means five Tway, which means leg with four twist, Sam injure is a ham sandwich. artist, same pronunciation, but if you put them two together, it means ham. So the it's a fun, a fun language, I encourage you, it's great mentally, because it's a great academic challenge. And the truth of the matter is that if you do make an effort, even at a low level, people in China really appreciate it. So you know, if one assumes that there will be mastery, that's quite a great ambition. But if it's to, you know, introduce oneself and to make other people feel that you've made an effort to understand their cultural a bit. It's also beautiful. I mean, the characters are beautiful to look at. So romance about about it as well. Yeah, absolutely. How did you go about learning Chinese? I know, it's, you know, you might not necessarily have it kind of nailed on and, you know, mastery level, but in terms of kind of those basics, like, you know, greetings and restaurants, things like that. Yeah. How did you go about learning that? Well, one thing was when I went to blcu, to the language University in hiding, that night, I would listen to the Chinese radio, you know, in the same way that you'll meet lots of Chinese who have learned English through television, and through music. There's, it's free, it's free coaching, right to go online and listen to Chinese radio, for example. Then secondly, I found a young student who wanted me to go who's young food out no to I help you, you help me. So they wanted to learn English, and I wanted to learn Mandarin. So we would spend time together. And I also took them in the early days, I took a dictionary, because that's what the dictionary was, wherever I went, I would spend hours getting any food. Now, of course, you can use things like pleco on your mobile phone. And it'll actually scan the characters. And we'll read them for you. It'll find it for you. Yes, so the technology means that one can take mobile with you. The only other thing is, of course, now that if you if one uses apps like WeChat, there is a function to auto translate. So I've had more than one meeting with Chinese where I'll say something in English, and they are sitting with me in the room, and they press the button on their on their WeChat. And it'll automatically translate both audio and written into Mandarin for them. We get the stage where now there's almost simultaneous translation as well, it can be done. So it's not that it's not relevant to learn. But, you know, I was in a hurry because running a business and I was later in life, but you can use technology now. To get there a lot quicker than I ever did. Hmm. I like the sound of that character, where you scan the character and then it translates it for you what was like calling a touchdown. pleco lie to a CEO. Okay, I'll definitely check in with the with the kind of meetings and stuff do Did you find that many of the people in China actually do speak good English or was it very much kind of, you have to muddle your way through on both sides like you both can do it. I think it comes down to generation to younger people speak much more English. Remember, there are more people in China that speak English than in America speak English really well. And so when I started my business was public relations in Beijing in 2006. I was intent on using my Mandarin. And I had some, I had, you know, six staff and I would labour through these meetings, and eventually, someone just put their hand on my arm and detention. We really appreciate you're trying to be so much quicker and less English. And what one finds is that, especially through the younger people, but also in government, for example, you'll find other government people speak great English. People working in tech, even now people in supermarkets and so on will want to practice their, their English on you. So if anything more people want you to speak English to them than wanting to speak Mandarin to them. Well, that leads us nicely on to we've kind of skirted around a couple of times your PR agency, I wasn't quite sure. Is it something you're still kind of actively involved in? Or is it the over business, which we'll kind of get onto that? You are more involved with? Yeah, no, I'm absolutely still running Easter's public relations. And so the agency has offices in Singapore, and in China and now the UK, and just picked up a new clients do work in America. Okay, Scott? Yeah, well, about esus Public Relations back in 1995. When I was 28, I went to Singapore to start the first public relations and I rented a space and hired within a couple of years, I had 13 staff, and we were one of the biggest independent agencies in Southeast Asia. And then I went to China in 2006, and open the offices there. And then in 2008, some offices in Bangalore, I end up basically working for the staff. Because once you've got that many offices Now many people, you spend all your time doing recruitment and management and so on. So this time, I've come back to the UK. And over the last four years, I've been working on a strategy that I call geography independent and knowledge driven agency. And where we're really working towards having a zero employee agency, which is virtually everywhere or everywhere, virtually. So I now use a branded platform, which is called Zoho, and on there have all the processes and documentation is required. And I have consultants who work with me on projects just like they would in a movie. And they come together as a freelancer to work on a particular project using my email brand legal entity. So for the clients, there, they're really only getting the best of the people for that particular project, retainer or short term. But as an organisation, I no longer have the drama of trying to manage all the people because increasingly don't want to work permanently, anywhere. And also they don't want to go to travel. And we've seen this with COVID, especially. And it's been a catalyst. But I've been working on this now for four or five years, because in China, young people couldn't afford to live in Beijing. And the pollution is so bad that on some days you couldn't travel. So you've got to 250 300 Aqa, which when you couldn't see the other side of the road almost in Beijing. Hmm. So some of the dynamics in Beijing, were a precursor to what we've seen in COVID. So I have been working on a business like this for quite a long time. So he says PR is a global brand, We help business to business clients, and we have clients like f secure and tech data. And rostie, for example, a big blue chip clients that understand that it's the value of what we deliver. That's important. Not having a large overhead. Because also, when you have an agency with a with a lot of staff, what happens is that the when the client comes in, the consultant has the most bandwidth is allocated to that project, not necessarily the client gets the consultant who's the best qualified. It makes sense, right? Because actually, agents are in effect, freelance hiring services of talented qualified people with a particular specialism. So by having this really almost Uber style model, or an Airbnb model for PR, we can still assure the kind of quality delivery, but what they're going to get is the consultant that really is best appropriate. But he's also motivated financially to do great work. Because they don't have a salary in a job at a desk. Regardless of how they behave on that client. They're judged, you know, by the quality of the work, which is why we've now signed up for TripAdvisor for trustpilot. So we start to then have accountability. Well, yeah, I will definitely ask you more about kind of diving into the specifics of that model very shortly, I just want to kind of take it back almost to the origin. So this was something you sent over to me, you started my or your words, started my PR agency, because I jumped out of a plane at all, that's quite a hook, and you have what's the key to Singapore in the first place. And then China always like to kind of talk to when I was 18, I apply for operation rally, which I'm not sure whether you're familiar with, but it's it's a programme we, where young people go overseas, it was like a Duke of Edinburgh scheme. But in heart, so you'd go overseas. In my case, we went to Australia for three months. And, and so I won this place, you had to compete. So you had, they'd have like 100 applicants for every person who would get a place, and you had to go on tests. And you had to go and do physical tests to see who could withstand some of the hardships that you'd go through. So I go to a place which is fantastic, because you apply and then you go and do a hard weekend. And you know, by the end of the weekend at attempt setup, this will listen to things like jumping, go through Wharf and sleeping wet night. Anyway, so when I got the place, but then of course it needed 2000 pounds to go. And so I knew I could do it, but I couldn't afford it. And my family couldn't afford it. So I worked selling toys in a in a supermarket. And I was never going to make it 38 pounds a week as it was then enough money in the time before going to university. So it occurred to me I would do something that if I was afraid of what other people were afraid of that might generate some sponsorship. So I decided to jump out of an aeroplane tackle my fear of heights, and also raise some money. As a result of going round all that everyone else in the shop floor or raisins at the time. And asking everyone to donate I raised 1000 pounds from what was in effect an afternoon of jumping out of an aeroplane much more lucrative than selling toys. And as a result of jumping out the plane dishwasher, I rang the local newspaper called the Kentish Gazette. And they covered my story. I said, I really want to go, this is my issue. I'm solving it by raising money. And then I got some coverage and a result of the coverage. I went to a local outfitter and said, I can get us news coverage, if you give me some equipment, hiking boots, backpacks, and so on, because that's part of the 2000 I needed, right? I said then I can get you some coverage in the newspaper. So this local store said sounds like a good deal. So I got a kitten got this local Candice Gazette newspaper photographer to come down to the store and show me with all my things and the and the store manager got interviewed. So as a result of this completely, you know, amateurish and impromptu 18 year old attempt to raise some money for what I really wanted to do. I managed to make my my money and I also why and actually, I never knew anyone who did anything like this. My parents were academics and social workers. But you know, within three months, I've managed to accomplish the task. And then a big company said, Oh, this is quite an interesting story. You know, we'll lend you some, we'll give you some money as well, as a result of solving problems. Really, I didn't think I could do PR I just was how do I get money? Do something interesting? How do I make someone else think that's interesting, people found it interesting, because a young guy tackling a problem being proactive and so on, right? Went to Singapore, at the age of 24, from Manchester, and just thought, wow, you know, this is amazing. So 1995, I decided I would leave England and go and set up in Singapore. Now that was part one of a 40 Minute. And as you know, I keep everything to 20 minutes. So I've chopped this into two. And in the second half, I talked about some of the learnings of starting the business in Singapore, how I manage cash flow, and then how I decided to go to China to start East West PR and then get involved with importing Morgan sports cars to China. So that's the end of this half of the interview with Scott Scottsdale and there'll be another half coming right afterwards.