by Tekle Sebhatu
Question:
I have been working in aerospace sourcing in Canada for 11 years. I have worked in Taiwan for a large aerospace company and my wife is from China. She has just completed her MBA. I have been looking at potentially starting my own home base import export biz. Do you think this is a good a good career move for both of us? We have friends importing glass products from China. They are doing well and selling all over US and Canada. With all the Wal-Mart’s and other sourcing offices now opening in China, is it still possible to be an independent international trader on your own and make a living out of it?
Answer:
Dear, Mike Canada: Congratulations to both of you assuming that you were helping her when she was burning the midnight oil. Because your friends are doing well in the import/export business doesn’t necessarily mean that you will unless you are willing to put the type of effort and resources they committed to make their import/export business a success. Even after all that investment, there is no guarantee. Certainly without more detail information it is almost impossible for me to suggest whether it is a good career move for you and your wife. I can however say having a wife with an MBA plus successful friends in the import/export business on your side could help facilitate your efforts. As with any start-up business, to make an import/export operation a success requires careful planning, long term commitment, patience, hard work, believing on your products or services and above all having fun with it. If you do all of the above, there is a good chance that you can become a successful independent international trader and possibly make good living out of it. Good luck!
Re: Starting an import-export business
by topperam on 08 Feb 2006 08:01
i would like start my own import-export business but need some funding to help get started on pre-fabe housing?
Re: Starting an import-export business
by jrtapiajr on 10 Feb 2006 23:02
Replying to TradeLinque:
Dear Sir,
I came across your name and address from Alibaba website. I wish to inform you that I would be interested in establishing trade relations with your company. I have a small business in California, U.S. that could possible accomodate your request for scanning services for your business. This would depend, however, on things like your output requirements, deadlines etc.. Such detail can be negotiated if you decide to pursue trade relations with my company.
My company is a subsidary of larger business: The Hot Spot: wholesale goods distribution. I would be grateful if you would kindly send me your requirements so that I can determine if further negotiations are necessary.
Please indicate all prices, payment terms and the like. I look forward to your prompt reply and trust that through our mutual cooperation we shall be able to conclude some transactions with you in the near future.
Best wishes,
Jose R Tapia Jr
International trade merchant and consultant
The Hot Spot: Whole Goods Distribution
Re: Starting an import-export business
by Asef on 22 Feb 2006 05:18
hello there,
i am new to international trade. i wrk in a small trading company here in hong kong.its already been six months in these field.
i am interested in going into the int'l trade and i have some products on hand, and i have six months experince in I/E documents.
i have already open a/c with alibaba and have been sending out business letters but with no reply.
i have a little bit of fund and want to start something.
anyone willing to help and guide me and treat me as a friend plz send me a reply=khanasef2003@yahoo.com
i will be very thankful and wish u the best in the near future
thanking you
Asef
Tt (telegraphic transfer), * bill etc. vs. lc (letter of credit)
Author: Catalyst
Back to back letters of credit
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