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Eric Goldschein from Fundera discusses the potential of starting an import/export business, which remains viable regardless of global economic conditions. This sector encompasses a wide range of products, including capital goods, consumer goods, and food items, and is valued in the hundreds of billions of dollars. Historically, trade has existed as long as humans have interacted, allowing for the exchange of products like clothing from China, olive oil from Spain, and cars from Germany. If you have a product that could succeed in a different market, consider importing or exporting it as a business. There are various business models, such as starting an Export Management Company (EMC) that helps domestic businesses sell abroad.
