Hao Sheng Yi

You really do not know the business industry until you get into it. My mom never received a business degree; she learned it all from the school of hard knocks. Along the journey, she taught me everything she was learning and realizing. One of the first experiences our small business had with large business was not a healthy one.

A while back, at a San Francisco gift show, my mother was marketing her new product. It was the original pocket on a pillowcase. Since this was during the beanie babies’ craze, the pillows became very popular and were selling units across the country to smaller retail stores. One of the days, a much larger catalog company came into my mom’s booth. Happily excited by their presence, my mother detailed the product and more ideas that could come from it. They went along joyfully but surprisingly no new orders came in. Within the next season, as the winds changed, a new trend came into the market from this larger business. Pockets on everything. The whole new bedding line included a pocketed pillowcase, sheets and comforters.

The larger business had no regards for our patent on the product. They took advantage of the smaller business situation, knowing that it would take an extreme amount of money to file a lawsuit. Stealing ideas is not a strong business model and is far from a healthy business relationship. They could have struck a small percentage licensing deal but greed overtook the situation. The company just took the patented idea and ran with it. They saw the tradeshow as an idea market and checked out with a nice item.

This was not a healthy relationship between small and large business. America has been built on great original ideas and we are seeing a reverse of this with the corruption of greed into the system. For relations to be healthy, gluttony has to be at the end of the line, not leading the march. Our international goal is:

Hao Sheng Yi – Mandarin for ‘Good Business’

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