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Eric Goldschein from Fundera discusses the potential of starting an import/export business, highlighting the industry's resilience regardless of global economic conditions. He notes that the market encompasses various categories, including capital goods, consumer products, and food items, amounting to hundreds of billions of dollars. Trade has been a fundamental aspect of human activity for centuries, enabling the exchange of goods like clothing from China and cars from Germany. If you identify a promising product for another market, now is the time to explore importing or exporting it. Goldschein also mentions the possibility of starting an Export Management Company (EMC), which facilitates exporting goods for domestic businesses targeting international markets.
