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In this tutorial, Eric Goldschein from Fundera discusses the potential of starting an import/export business, emphasizing its resilience in various economic conditions. The import/export market encompasses a vast array of products, including capital goods, consumer items, and food, generating hundreds of billions in revenue. Trade has been integral to human society, facilitating access to global products like clothing, olive oil, and cars. If you identify a product with potential in another market, it's an opportunity to turn it into a business. He also mentions different business models, including Export Management Companies (EMCs) that help domestic businesses navigate exporting to new markets.
