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In this video, Eric Goldschein from Fundera discusses the potential of starting an import/export business, emphasizing its resilience regardless of global economic conditions. He highlights that the import-export market encompasses various categories such as capital goods, consumer goods, and food and beverages, contributing to an industry worth hundreds of billions of dollars. The opportunity arises from global trade, enabling the exchange of products like clothing, olive oil, and cars across borders. Goldschein encourages identifying a promising product for international markets and explores different business models, including starting an Export Management Company (EMC), which focuses on exporting goods for domestic businesses seeking to enter new markets.
