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In this video, Eric Goldschein from Fundera discusses starting an import/export business. He emphasizes that regardless of the global economy, the import-export market remains robust, encompassing various categories such as capital goods, consumer goods, equipment, and food and beverages. This industry is valued in the hundreds of billions of dollars and has been integral to trade throughout history, enabling access to products like clothing from China and cars from Germany. If you have identified a product with potential in another market, you can explore opportunities in this field. Goldschein mentions the option of starting an export management company (EMC), which aids domestic businesses in reaching international markets.
