Category: Work

Business MagneTalk Thought Work

Beyond Magnet: My 2024-2030 Blueprint

By Jonah Jin | by Jonah Jin

I consciously decided to share my six-year business plan with the market, rooted in my extensive experience in the permanent magnet industry. From this strong foundation, my objective is to deliver exceptional project support and manufacturing services to businesses across the USA. Background The Saturated Market of Neodymium Magnets My journey began as a sales manager, marketing and selling neodymium magnets produced in China to various countries. However, the neodymium magnet sector has been saturated…

Continue reading

Work Thought

Fusing Magnetics and Plastics: Building a Moat for Innovation in the Manufacturing Industry

By Jonah Jin | by Jonah Jin

In many applications, neodymium magnets are commonly utilized alongside plastics, where they are integrated to form a single unit. Last year, I successfully redesigned a system that combined magnets and plastic, resulting in reduced costs and enhanced magnetic strength. There exists a fundamental difference between magnets and plastics in terms of commercial manufacturing. Neodymium magnets are machined parts, while plastics are typically produced through injection molding, requiring specialized molds. When a customer invests in a…

Continue reading

Work

Exploring Carbon Fiber Sleeve Technology for Permanent Magnet Rotor Assembly

By Jonah Jin | by Jonah Jin

This week, we received a prototype inquiry for a permanent magnet rotor assembly with a carbon fiber sleeve. I am always excited to work on new projects that require me to learn and explore new subjects. The customer’s request serves as the best motivation and a sufficient reason for me to delve into this particular technology. The following morning, I dedicated time to studying carbon fiber rotor sleeve technology, which can be divided into two…

Continue reading

Work Thought

Unveiling Success: How We Partnered with a Top Robotics Company as a Young Magnetics Company

By Jonah Jin | by Jonah Jin

This month, our company achieved a significant milestone by becoming a business partner of one of the world’s most advanced robotics companies. It took us a full two months to go from our initial contact to securing an order. As a relatively magnetics company, this achievement holds immense importance for us. I want to take this opportunity to reflect on the key factors that contributed to our success. How did we manage to establish a…

Continue reading

Thought Work

The ‘Who Not How’ Mindset for Exponential Growth

By Jonah Jin | by Jonah Jin

Recently, I’ve been reading the book “10x Times Is Easier Than 2x” and one concept that really struck me is “Who Not How.” It emphasizes the importance of leveraging other talented individuals when aiming to grow your business exponentially. Instead of trying to do everything yourself, surround yourself with experts who excel in specific areas. This shift in thinking is crucial for entrepreneurs looking to achieve long-term success. I vividly remember when I first started…

Continue reading

Life Thought Work

Driving Towards Success: Lessons from Jim Rohn and Holiday Reflections

By Jonah Jin | by Jonah Jin

Jim Rohn once said, “Success is what you attract, not what you pursue.” I absolutely love listening to his insightful seminars on YouTube while driving. Rohn’s words always get me pumped up and motivated to work on myself. Ever since I was a kid, I realized the importance of reading books, starting with self-help books. These books were easy to read and gave me a boost of energy and a sense of comfort. Even when…

Continue reading

Thought Work

Building a Versatile Team: Lessons Learned on the Journey to Success

By Jonah Jin | by Jonah Jin

Running a company and building a team can indeed be challenging, but they can also be immensely enjoyable. Throughout my journey, I have constantly strived to distinguish ourselves from direct Chinese competitors who solely compete on price. Today, I shared the following words with my team. With “magnets” as our business focal point, we rely on our specialized foreign trade capabilties, deep knowledge of permanent magnets and magnetic application technologies, and a proactive service approach…

Continue reading

Work

Expanding Business Horizons with Standard Mounting Magnets

By Jonah Jin | by Jonah Jin

After creating PDF drawings for our standard mounting magnets, I successfully designed a standard product page today with the assistance of Ben, my website consultant (Featured Image). My intention is to venture into a different business field that does not directly compete with other Chinese magnet companies. The strategic move of establishing our own standard mounting magnets and creating individual pages for each item aims to directly connect with customers who require mounting magnets. Furthermore,…

Continue reading