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  1. Walter Hay

    Whats the point of life?

    OFF-TOPIC 
    Emerson was quoting from the Bible. Proverbs 29:18 Walter
  2. Walter Hay

    Formal Education is Overrated!(or not?)

    MINDSET RANT 
    That is right. Still going strong. Walter
  3. Walter Hay

    Import Dojo Masterclass opinion

    Good questions. Unfortunately too many people jump in the deep end of Amazon before learning to swim. I suggest having a look at Are "professional" Amazon FBA sellers making money from Amazon or from selling online training programs? I think that the deep end is a very expensive course. Walter
  4. Walter Hay

    Im having problmes finding fast shipping and finding reliable manufacturers

    If you are buying larger quantities and carrying inventory you are not dropshipping. If you are buying from the real manufacturers rather than buying retail on Aliexpress, you are not dropshipping. This means that you will at least have some possibility of success. So that you don't appear to...
  5. Walter Hay

    Sourcing products that other companies import

    SOURCING 
    Locating the shipper might be possible using the methods described on that Twitter post linked by @rpeck90, but most big businesses. and many smaller ones hide the real identity of their manufacturer. Obviously, they don't want potential competitors to find their source. If you find the shipper...
  6. Walter Hay

    How I started and built my B2B importing empire

    SOURCING 
    Selling B2B Face to Face - COLD. Scroll down to see selling WARM. I once, (and once only!) attended a sales training session, where the only thing of value I heard or saw was a postcard that portrayed a tomcat walking along the top of a fence, followed by a line of kittens. It displayed the...
  7. Walter Hay

    Importing - Factory Payment Terms

    SOURCING 
    It was good to read that you can buy at 0% down and 100% payment after the goods are shipped. I enjoyed such terms when importing, and my franchisees gained that same benefit that resulted from me building a great relationship with suppliers. I had carefully cultivated an image of...
  8. Walter Hay

    Importing - Factory Payment Terms

    SOURCING 
    It is not uncommon for banks to require some form of guarantee to make sure they don't lose out if the buyer defaults, but for smaller value shipments that is not often a problem. From what the OP wrote, it appeared that the total would not be huge, and I have seen many people use L/C s for...
  9. Walter Hay

    Im having problmes finding fast shipping and finding reliable manufacturers

    For the benefit of other readers I suggest that this off the cuff advice is completely inadequate when it comes to safe sourcing. See: GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist. Walter
  10. Walter Hay

    Importing - Factory Payment Terms

    SOURCING 
    If you are shipping container loads the value probably warrants using a Letter of Credit.(L/C). Your new supplier has not expressed terms correctly: c) 20% payment on the B/L . This should read 20% payment on delivery of Clean On Board Bill of Lading. See these two answers in my AMA GOLD...
  11. Walter Hay

    How to pick the right branding? Need some advice!

    I suggest that you at least look at the contents list of my book: "Labels That Exploit - The Power of Perceptions, Psychology, and Emotions." You can see it here if you scroll down: MARKETPLACE Walter Hay's Business Books It could save you a lot of money and some mistakes. One thing that you...
  12. Walter Hay

    HOW TO MAKE YOUR AMAZON LISTING INTERESTING.

    MARKETING 
    Sorry I didn't answer this when you posted the question. The product was actually an extensive range of products that all fitted in with the image boosting/team building/reward/recognition/achievement market. That market covered not only the education sector, but big and small businesses...
  13. Walter Hay

    Import Dojo Masterclass opinion

    It is in your inbox now. Walter
  14. Walter Hay

    Scaling eCommerce Chronicle - updating - own product, online shop, amazon - latest weekly profit: 700+

    EXECUTION 
    I would always recommend personal visits to suppliers. They respect customers who make that effort, and this is a good start to developing Guanxi. That terms basically means relationship, and that can result in far better service, and more cooperativeness in general. Before going to China, as I...
  15. Walter Hay

    Scaling eCommerce Chronicle - updating - own product, online shop, amazon - latest weekly profit: 700+

    EXECUTION 
    This is probably too late for you because you have already dived in, but I am posting for the benefit of others new to importing. I recommend starting off with a small order rather than risk so much first up. A small order enables you to test the supplier, as well as testing the product quality...
  16. Walter Hay

    Youth and gender to appeal to companies

    I am pleased to see that you are persevering. Although your mentor's choice is not yours, at least you will gain experience, and that could set you on the path to succeeding with your preferred idea. I would be pleased to help you find a better supplier for the biodegradable plastic. Just let...
  17. Walter Hay

    Scaling a Service Business & Hiring a Coach

    I have used the services of stay at home moms and it has worked very well. They appreciate the little extra income so much that they are exceptionally diligent and do a great job. Walter
  18. Walter Hay

    Scaling a Service Business & Hiring a Coach

    @Dan_Cardone has given you some very astute advice, particularly in relation to writing an operations manual. For rapid scaling I believe franchising your business is very hard to beat. See: Rapid Scaling a business by franchising Walter
  19. Walter Hay

    How to find investors for my lawn care company

    HOT! 
    Think outside the square. Service businesses are ideal candidates for franchising, and if you have a good system in place and it is profitable enough, it is worth considering. See: SELL ME SAT Forum Self-Promotion Opp: Offers, Links, Your Biz, More (September 2019) Walter
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