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In this tutorial, Eric Goldschein from Fundera discusses the opportunities in starting an import/export business, noting its resilience regardless of the global economy. The import/export industry is vast, encompassing hundreds of billions of dollars across various categories, such as capital goods and consumer products. Trade has been a fundamental human activity, facilitating global access to diverse products like clothing from China or olive oil from Spain. Goldschein encourages entrepreneurs to identify products with potential in other markets and explore the logistics of importing or exporting them. He also highlights different business models, such as an export management company (EMC), which facilitates exports for domestic businesses targeting new markets.
