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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing the industry's resilience regardless of global economic conditions. He highlights that the import/export market spans various sectors such as capital goods, consumer goods, equipment, and food and beverage, representing a multi-billion-dollar opportunity. Trade has been a fundamental aspect of human civilization, facilitating access to global products like clothing from China and cars from Germany. Entrepreneurs are encouraged to identify potentially successful products for different markets. Additionally, he introduces the concept of an export management company (EMC), which specializes in exporting goods for domestic businesses aiming to reach international markets.
