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In this video, Eric Goldschein from Fundera discusses starting an import/export business. He emphasizes the resilience of this market, which spans various categories like capital goods, consumer goods, equipment, and food and beverage, contributing hundreds of billions of dollars to the economy. Throughout history, trade has been fundamental, facilitating the exchange of products globally, such as clothing from China and cars from Germany. If you've identified a product with potential in another market, it's time to explore import/export opportunities. Goldschein also mentions different types of businesses, such as an export management company (EMC), which handles exports for domestic businesses seeking access to international markets.
