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- 2024 Recap - Interviewing 9 of the best Asia-based entrepreneurs
2024 Recap - Interviewing 9 of the best Asia-based entrepreneurs
Re-imagine your Asia dream from the ground

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Hello ,
In 2024, I interviewed 9 of the best Asia-based young entrepreneurs in the FMCG industry. I heard about their life stories, business and insights. Their businesses are based in China, Vietnam, Japan, South Korea, and Taiwan.
In this newsletter, I chose a selection of their quotes:
Your Asia Journey
Market Vibe
Top 3 Pain Points
Busting Industry Myth
![]() ๐ป๐ณ Tom Daniels, Co-Founder, OneLink Holdings | ![]() ๐จ๐ณ Matthew Heller, Founder, Xpand Asia | ![]() ๐น๐ผ Nick Wang, Brand Ambassador, Prestige House |
![]() ๐จ๐ณ Sam Sheehan, Co-Founder, OneLink Holdings | ![]() ๐ฏ๐ต Kenya Oba, Seafood Restaurantuer | ![]() ๐จ๐ณ Ashwin Pillay, Commercial Director, Redfern Digital |
![]() ๐ฏ๐ต Janis Arbidans, Co-Founder, Avenatur Oat Milk | ![]() ๐ป๐ณ Benji Lamb, Founder, Asia Circles | ![]() ๐ฐ๐ท Jieseon Kim, Managing Director, Pronswer Group |
๐จ๐ณ CHINA ๐จ๐ณ
From the Chinese ground (Sam Sheehan, Manufacturing)
Day in the life of a digital marketing agency director in Shanghai (Ashwin Pillay, Digital Marketing)
Shenzhen Rising: From factory floor to agency owner (Matthew Heller, Market Entry)
๐ป๐ณ VIETNAM ๐ป๐ณ
Mr. Made-in-Vietnam (Tom Daniels, Manufacturing)
Building the next distribution powerhouse in Vietnam (Benji Lamb, Market Entry)
๐ฏ๐ต JAPAN ๐ฏ๐ต
Why this young Japanese fish market salesman wants to sell premium sake in Taiwan (Kenya Oba, Restauranteur)
Growing a consumer brand in Asia from scratch (Janis Arbidans, Oat Milk)
๐ฐ๐ท SOUTH KOREA ๐ฐ๐ท
Bringing Better Healthcare to South Korea (Jieseon Kim, Health Supplement)
๐น๐ผ TAIWAN ๐น๐ผ
Taiwan's Next Whisky Sommelier (Nick Wang, Whisky)
As we wind down 2024, I would like to thank you all for tuning in. Without your interest and curiosity, I could not have done this. I sincerely hope that you continue your own Asia journey, tell others about the experience and encourage others to join you on the journey.
Hope you had a fantastic Christmas. Hereโs to a Happy New Year.
Yours Truly,
Peter Park / ๋ฐ๊ทํ
Your Asia Journey
My heart was always in growing my own brand. We felt that there is a big gap in Asia, and consumers do not have enough good quality and wide-ranging oat-based products.
Janis Arbidans ๐ฏ๐ต
*
I realised early on from trying different opportunities that I like sales. This gave me confidence to take on more calculated risks.
Jieseon Kim ๐ฐ๐ท
**
I identified a massive need in the Chinese market for quality partnerships in manufacturing that had an โon the groundโ approach.
Sam Sheehan ๐จ๐ณ
**
I learned from a persistent salesman from fish markets about a fundamental human need, where we want to be seen and heard.
Kenya Oba ๐ฏ๐ต
***
I asked if I could be an asset in solving communication issues with foreign brands. He became my first customer in China and until this day.
Matthew Heller ๐จ๐ณ
*
I initially wanted to start a premium New Zealand pet food brand. Now I lead our Commercial Team across Asia, supporting both in-market and new-to-market brands.
Ashwin Pillay ๐จ๐ณ
**
After 7 years in the sourcing & custom manufacturing industry and from the background research I had done, I made the move to Danang, Vietnam.
Tom Daniels ๐ป๐ณ
***
I spent a lot of time reflecting, moving from doubt and lack of confidence to eventually changing my mindset and affirming my decisions and abilities.
Nick Wang ๐น๐ผ
*
I worked for free for this small digital agency in Shanghai that ended up growing to 125 employees in 3 years. China started to โcool downโ in 2019/20 and I started looking for the next land of growth and opportunities.
Benji Lamb ๐ป๐ณ
Market Vibe
The Vietnamese people forged their own identity from the pain past with a rich culture.
Benji Lamb ๐ป๐ณ
*
The Korean culture (K-Culture, Hallyu ํ๋ฅ) is a thing now. There is something in there to explore.
Jieseon Kim ๐ฐ๐ท
**
China is in transition, motivated to maintain its competitiveness and sustainability in the face of ever-changing global perceptions of the country.
Sam Sheehan ๐จ๐ณ
***
Chinaโs annual GDP growth halved from the historical average of 9.5% between 1978 and 2019 to 4.7% as of June, 2024.
Matthew Heller ๐จ๐ณ
*
In Japan, there are two types of people. Those who keep working with little regard for change or improvement, and those who have no choice but to take things into their own hands.
Kenya Oba ๐ฏ๐ต
*
The China market is non-stop and the atmosphere of Shanghai is addictive.
Ashwin Pillay ๐จ๐ณ
**
Once Japanese consumers like your product, they will be loyal.
Janis Arbidans ๐ฏ๐ต
***
Many people believe that successful people or individuals with sophisticated tastes drink single malt whisky.
Nick Wang ๐น๐ผ
*
Leveraging its proximity to China and learning from Chinaโs years of perfecting manufacturing processes and supply chains, Vietnam has the potential to grow into a viable option for companies wanting to manufacture in Asia.
Tom Daniels ๐ป๐ณ
Top 3 Pain Points


Our interviews revealed three persistent challenges in 2024.
First, market entry continues to demand careful navigation, with entrepreneurs emphasising the critical need for strong local partnerships to manage regulatory complexities and varying consumer preferences across markets.
Second, supply chain resilience remains crucial, with businesses still adapting to post-COVID logistics disruptions and longer production lead times, particularly in emerging markets like Vietnam.
Third, competitive pressures have intensified significantly, with entrepreneurs facing margin compression from both traditional and digital channels. However, opportunities exist through quality differentiation and innovation, particularly in markets like Taiwan and Vietnam where consumer sophistication is rapidly evolving.
Success stories highlight the importance of maintaining product quality while adapting to local market conditions and building strong partner relationships.
๐ป๐ซ๐ฅ Busting Industry Myth
This canโt be done
*
I want the cheapest and the best
**
Getting the cheapest product is the most important objective.
***
Vietnam is still a small player in Southeast Asia.
*
Sending your product to China will inevitably lead to it being copied.
**
What works in other markets will automatically work in China.
***
Single malt whisky is always more premium than blended whisky.
*
Older whisky is always better.
**
Real premium Japanese sakes are available outside Japan.
***
Once Chinese customers love your products, you are set for success in China.
*
Oat-based products are not tasty and enjoyable.
**
Vietnam is a rural backwater country.
***
Few local Vietnamese brands are successful.

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