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  1. AgainstAllOdds

    I really don't know how to find out what product I should try selling...

    Go to a store you like. Look at products. Find something that you think you can improve and want to improve. Confirm that there's market demand and potential for profit. Improve that product. Sell it.
  2. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Signed 3 sales people up to start calling/outreach. We're starting first week of January. Also added my friend in Brazil. She's going to do a bit of factory outreach/support for us in that region. Sales reps are all on commission. Brazilian is part-time as needed at $20/hr. Team has grown: 2...
  3. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Enough posting for now. Need to get back to revenue generating work. Feel free to chime in with any thoughts/critiques. Would love to hear some feedback. Maybe @Walter Hay and any other big importer if you have a minute.
  4. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    The current economic climate Why are we doing this now? Simple. The China scare. There's the continuous fear for American importers that 25% tariffs will be put on China. Personally I don't think that will happen, but it's a fear that exists. If tariffs go into place, the value we're...
  5. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    How we plan to monetize 3% from the factory. $3,500 consultancy fee from each new client after they place their second order with the factory. If they don't reorder, we don't get paid. We wanted to create a risk-free value proposition for the end client. We're going to ask for a $3,500 fee...
  6. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Logo done. Website done. Preliminary conversations with partner factories have started. Meanwhile our team is getting us pre-qualified leads. Need to keep pushing forward.
  7. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Next was the website. @Bdenner64 was super nice and offered to build us a website. We wanted to go with him, but thought it'd be faster to just sit down on a Saturday night and put something out there. We signed up for Wix, paid $15 for a month, and weren't disappointed with the result. We'll...
  8. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Branding We don't need anything special to start with, but need a brand, so we put a bit of time into coming up with a name, logo, and simple website. The Name We named our company after Vasco Da Gama. I won't be linking my site here directly since I don't want this thread to be tracked back...
  9. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    The Sales Process Right now I'm reaching out to top factories in an industry that I've sourced for before: Quartz, Stone, Granite, and Marble. We have a few factories that I've worked with who are onboard. They've already been thoroughly vetted and are known to be extremely competitive in...
  10. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    The Team To start, the team consists of 6 people: Me One of my best friends 4 assistants in the Philippines. You guys know a bit about me, so I'll give a quick summary on the others. A month ago, one of my best friends was let go from his job. He was flying to California on contract work...
  11. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    I'm creating this thread to document the journey of a new business and to show others the process of going from A to Z. "A" being an idea. "Z" being traction or failure. We're giving ourselves a 3-month runway to prove this idea, after which we either fail or prosper. The concept in short...
  12. AgainstAllOdds

    Snail Mail Prospecting - The Pastel Envelope Method

    SIDE HUSTLE 
    As technology use increases, direct mail conversion rates will go up. Email, cold calling, etc is becoming less effective year over year as spammers pile in. Meanwhile less people are sending direct mail, allowing you to stand out. Good on you @whiz for trying something new. Direct mail has...
  13. AgainstAllOdds

    Introverts vs Extroverts (The forum is mostly introverts?)

    HOT! MINDSET 
    Have you been to any business networking groups? They're typically filled with idiot salespeople trying to suck as much value out of you as they can. At least here if someone tries to push a crappy product, I can talk trash and then hit ignore. That's a lot harder to do in person.
  14. AgainstAllOdds

    This guys balls must have the weight of a supermassive black hole...

    OFF-TOPIC 
    Thanks for the link @whiz. This guy's amazing.
  15. AgainstAllOdds

    This guys balls must have the weight of a supermassive black hole...

    OFF-TOPIC 
    Well... this guy's a professor, so I'd say his balls are pretty big: Bee Strong Honey & Bee Removal - About us Edit: Watched a few more videos. This guy's definitely pretty dumb.
  16. AgainstAllOdds

    John D. Rockefeller story

    MINDSET 
    Most banks want three years and strong financials. Age the business a bit more and re-approach. Edit: Bank Loans - Find Banks that Provide the Loans You Need - BestCashCow Start by building up history with local banks that are more likely to loan you the money. Identify banks that are focused...
  17. AgainstAllOdds

    Introverts vs Extroverts (The forum is mostly introverts?)

    HOT! MINDSET 
    I don't think the results are surprising at all. The majority of this forum consists of social outcasts - people that decided to think a different way than the rest of society. Personally, I'm introverted most of the time, but I attribute that not to being a loner, but to mostly not seeing eye...
  18. AgainstAllOdds

    John D. Rockefeller story

    MINDSET 
    Real takeaway: Get a business line of credit.
  19. AgainstAllOdds

    Not sure if I should offer SEO, web design or social media services

    MARKETING SIDE HUSTLE SOCIAL MEDIA 
    No. Don't sell social media services. You're competing against people in third world countries and first world "digital nomads" that are happy to make $20k living in Thailand. Development. Learn to code.
  20. AgainstAllOdds

    Is 'Highly-educated' the best investment for the rest of your life?

    INTRO 
    What do you want to do? What do you hate about what you're currently doing? Can you start doing what you want to do while working your current job? This question is important because you have a 7-month old kid that you need to provide for.
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