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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its enduring relevance despite global economic fluctuations. The import/export market spans various sectors, including capital goods, consumer goods, equipment, and food and beverage, collectively valued at hundreds of billions of dollars. He highlights the historical significance of trade and how it enables the global exchange of products, like clothing from China and cars from Germany. Entrepreneurs are encouraged to identify promising products for overseas markets and explore options to import or export them. Goldschein also outlines different business models, such as starting an Export Management Company (EMC) to facilitate exports for domestic businesses.
