From Tai Chi to International Businesswoman with Kathy De Leye

Wealth Without Borders Podcast

Are you a Chinese e-commerce seller who wants to sell in Europe, on local e-commerce places and Amazon? Do you experience tax difficulties and struggle with language barriers? Do you want to learn how you can turn your small business into a multimillion enterprise? Listen to this treat, that will surely be of great help to you.

Opening a business in a foreign country confronts people with many conflicts. Whether it be laws, traditions, and the how to’s, it is important to know the smallest details whenever you plan to start up in a new land.

Kathy De Leye is an international businesswoman who has lived in China from 2009 to 2019. She opened a company with her Chinese husband in Shenzhen in 2017, and they are both currently in Belgium to expand their business.

In this episode, Kathy talks about the musts of opening a business in the European market. She discusses the mistakes Chinese people make in terms of the law and other barriers due to lack of knowledge and also shares ways that you can be a multimillion-dollar business owner in the near future.

What you will learn from this episode:

• Discover the pitfalls Chinese people experience in entering the European market
• Know how a talk with an expert who knows the European market well and that will allow you to both be secure and save money
• Find out how a mindset change can drive you towards a multimillion-dollar business

“Just keep on believing in the business and keep on persevering. Keep on being there for the business, and know that it's going to be a multimillion-dollar business.”

– Kathy De Leye

Topics Covered:

01:37 – Kathy describes her ideal clients.

01:57 – Problems Kathy solves for her clients: The European struggle with local laws, VAT issues, and languages.

02:33 – The typical symptoms; Why European VAT awareness is a must when entering the market.

03:25 – The mistakes; The reason why underestimating the problem is a huge mistake.

04:15 – Kathy’s valuable free action: “Talk to experts and attend webinars.”

05:01 – Kathy’s Valuable free resource: Webinars. The internet. Search how to sell in Europe.

05:35 – The most impactful book/concept/program/talk: (1) Tony Robbin’s “Unleash the Power Within”, (2) T. Harv Eker’s “Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth", (3) Napoleon Hill’s “Think and Grow Rich”

06:25 – Question that will help you nourish: “How do you change your mindset?”

07:53 – Bonus question: The most valuable lesson or action that really helped her in her change of mindset.

Key Takeaways:

“A lot of Chinese here in Europe, they have difficulties because first of all, they don't understand VAT. They don't know how serious it is. When stock arrives with the wrong certificates, it can be destroyed or be sent back, which has huge costs. And there can be big fines as well, just because they're not compliant with local laws.” – Kathy De Leye

“I would recommend people to really talk to experts, not just a Chinese person who says they know the European market. Also, go to webinars. I would really recommend to attend these. It can save a lot of money.” – Kathy De Leye

“I know Google is blocked in China, but just find a way to go on Google, and search how to sell in Europe.” – Kathy De Leye

“I am a businesswoman. I can be successful in business. It took a long time to change my mindset, but because of that, I now have a multimillion-dollar business.” – Kathy De Leye

People / Resources Mentioned:

• Tony Robbin’s“Unleash the Power Within”
• Harv Eker’s “Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth”
• Napoleon Hill’s “Think and Grow Rich”

Ways to Connect with Kathy De Leye:

• LinkedIn: https://www.linkedin.com/in/kathydeleye/
• Website: https://www.alando.global/

Ways to Connect with Howard Whiteson:

• Website: https://www.wealthwithoutborders.net
• Podcast: https://www.wealthwithoutborders.net/podcast/
• LinkedIn: https://www.linkedin.com/in/howardwhiteson