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Importing business

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Old Jan 27, 2007 | 01:07 AM
  #21  
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importing a product here from another country is the easy part...the hard part is finding something worth selling.
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Old Jan 27, 2007 | 09:31 PM
  #22  
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From: richmond
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Originally Posted by mingster,Jan 26 2007, 10:23 PM
PM me, we can talk. i have a lot of experience in importing stuff here big & small for companies as small as Import Development (yours truly), and as big as my current one ($10B company). there are a few questions you need to answer before jumping in, and this is NOT an easy business. there are hundreds of thousands of importers (trading companies) that come & go.
thanks mingster, your post has been the most helpful.. what i am looking for.

i don't know about the rest of you.. but i totally understand the pitfalls of starting a business. i am not some 18 year old who saw something while on vacation and said, hey, what a good idea to bring over.

I have been in the sales business for 7 years, so i do know a little bit. my family has run several stores and my relatives in another country do to. so this is not a a jump into something blind.

I was just trying to see if anyone here is in the business and would like to share some insight.

i mean, telling me that the importing business has tons of illegal activity is not really all that helpful, or the fact that if i don't know the business, i will lose all my business. why do you think i am here asking for guidance? How many small business owners know anything about running a business before they opened their own? how many family restaurants are created because they have the passion to create some sort of food but don't know how to run a business? I have seen businesses come and go, restaurants open and close, family businesses fail and i have also seen huge corporate stores close. So i don't think having the knowledge, the business sense is the only requirement that makes a business profitable.

that being said, mingster, you will be receiving a PM shortly.

ENTHRALLED, thanks for the link
sw05s2k, good write up....
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