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  1. Walter Hay

    Sourcing for furniture startup

    SOURCING 
    It might be helpful if you can list all countries within a reasonable distance of your client. There is some debate about which countries are classified as Baltic. Walter
  2. Walter Hay

    Copywriting for BORING businesses

    MARKETING 
    This reminds me of a"song" from way back: "Difficult For You, Easy For Me" Copywriting is an occupation best suited to people who can put themselves in others' shoes. I have a friend who is a welder, and he treats every job like a work of art. I know his workmanship is excellent and his...
  3. Walter Hay

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I agree wholeheatedly. Just look at the prices of my books and I have sold thousands of copies. TMF should not be the lowest priced life-changing book on the market. Walter
  4. Walter Hay

    Picking a niche

    Large size can be a big handicap. EXAMPLES from my experience running a one-man industrial chemical business in Australia that I grew to international level: I obtained a product from a multi billion $ multinational and sold it to them. I knew how to use the product but they were blind to...
  5. Walter Hay

    Looking for advice sourcing a product

    SOURCING 
    For product sourcing and importing I suggest that you should have a look at my AMA here: GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist. It is almost certain that the "manufacturers" you have contacted in China are traders. Rather than buy from China I...
  6. Walter Hay

    NEW B2B BUSINESS in a BOX

    MARKETPLACE 
    I should have explained this properly. Yes the annual market for Promotional Products is more than $25 billion, but in drawing attention to that I have left out something of great importance. A very large part of the sales for the B2B business that will also apply in the USA is NOT PROMOTIONAL...
  7. Walter Hay

    Marketing vs. Sales

    MARKETING 
    Thank you Tammie for your good definition of marketing. Most people confuse the words advertising and marketing, thinking that advertising IS marketing, whereas in its various forms it is an essential part of marketing. I wrote about what really is marketing in this post: How to learn Branding...
  8. Walter Hay

    NEW B2B BUSINESS in a BOX

    MARKETPLACE 
    True – 1988 was a long time ago, but I sold the Australian, New Zealand, and UK business rights in 2010, so my first-hand experience was not ancient history. The promotional products industry has undergone little change since 1988 and is a big industry in all developed countries. The absence of...
  9. Walter Hay

    Foreign Trade Zone: Benefits for new importers

    Thanks @James90 for a very valuable contribution to the forum. The benefits of using Free Trade Zones are generally not appreciated, and you have no doubt opened the minds of many importers on this forum. In most countries when re-exporting products that you have imported and paid duty and tax...
  10. Walter Hay

    We provide excellent CUSTOMER disSERVICE!

    HOT! PEOPLE 
    Product Knowledge is an Essential Part of Customer Service Ever been frustrated by sales people who know very little about the product you are interested in? The three professional salesmen where I was working as the accountant for a new car dealership couldn't be bothered to learn so having...
  11. Walter Hay

    Sourced and Imported My First Container During C0VlD 


    NOTABLE! 
    CHINA’S POWER SHORTAGES EXACERBATING SUPPLY CHAIN ISSUES Goldman Sachs have estimated that as much as 44 percent of China’s industrial activity has been hit by power shortages. Numerous manufacturing plants have had to shut down, some simply because the lights went out, and in some cases the...
  12. Walter Hay

    Sourced and Imported My First Container During C0VlD 


    NOTABLE! 
    You have done very well, but needn't have separately consulted the customs broker because your freight forwarder would have one working for him. I can say that with confidence because it is clear that your forwarder is a good one. He got you a very good deal. @James90 Thanks for your plug for...
  13. Walter Hay

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I completely agree with you and with @WJK. In fact since 2014 I have been urging people to buy local. There are some companies that have had the foresight to reshore their operations, but too many have become addicted to using Chinese cheap labor. Like so many addicts they have been blind to...
  14. Walter Hay

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Over the course of more than 40 years in business I have seen quite a few recessions, some truly major. My businesses survived them all. With each recession I saw friends and business associates go under. The reason was that they had over-capitalized and operated with big overheads, much of...
  15. Walter Hay

    BEWARE WINDOWS 10 S mode (- solution)

    If only..... As an almost completely non-tech person I would love to instal Linux but haven't a clue how to do it. Although I removed the S program, I still suffer from Microsoft's upates wreaking havoc with some of my programs. Every time there is an update I lose some function that I am...
  16. Walter Hay

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    The China supply problem is partly due to the CCP setting out to take ownership of manufacturing businesses away from wealthy individuals, and convert them into state owned businesses. It seems reminiscent of the Soviet Communist series of 5 year plans that saw state control of all industries...
  17. Walter Hay

    250k On Hand, Now What?

    It is now live. Readers will probably find that the document at the bottom of the post will be more interesting than the post itself. See MARKETPLACE B2B BUSINESS in a BOX Walter
  18. Walter Hay

    NEW B2B BUSINESS in a BOX

    MARKETPLACE 
    REDUCING THE BOX CONTENTS Now offering the B2B business as a stand alone business. FORGET ABOUT FRANCHISING THE BUSINESS — YOU CAN MAKE BIG PROFITS B2B without the legal hassles of franchising. From comments received it has become apparent that members find the idea of setting up a nationwide...
  19. Walter Hay

    250k On Hand, Now What?

    It is entirely coincidental, but I have today paid for a Marketplace advert to offer a B2B Business in a Box that is designed to progress to ownership of a large scale USA nationwide B2B franchise. I don't think it is appropriate for me to add anything to that, except to say keep your eyes open...
  20. Walter Hay

    250k On Hand, Now What?

    I have often been asked by friends and acquaintances to review a franchise offer that they were considering. The answer has always been "Don't buy a job." In your situation you might find a better idea here: Starting a business with the intention of selling franchises...
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