Search results
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Where I have been this time... and why I'm famous at Wells Fargo
GOLD! MINDSETYes, many people talk about OPM (Other People's Money), but the concept goes beyond just cash-- you can leverage all sorts of resources-- technology, sales teams, infrastructure, customer lists, brand names (Licensing is another perfect example of this). The sky is really the limit! I once...- Ronak
- Post #170
- Forum: Mindset and Self-Development
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Where I have been this time... and why I'm famous at Wells Fargo
GOLD! MINDSETWould love to hear more about this!- Ronak
- Post #166
- Forum: Mindset and Self-Development
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Where I have been this time... and why I'm famous at Wells Fargo
GOLD! MINDSETI like it. For all intents and purposes, there's no difference between a 20% commission and a 20% partnership in the early stage, but partner sounds infinitely better to the other side. Does he have the cash to put food on the table and pay his mortgage in the meantime? I'd imagine a non...- Ronak
- Post #164
- Forum: Mindset and Self-Development
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Where I have been this time... and why I'm famous at Wells Fargo
GOLD! MINDSETI always used to think the trust factor was overblown, because trustworthy people don't normally think about how untrustworthy others can be, but on many occasions I've been told how trust was #1 in choosing 1 person over another, seemingly at the expense of ability. Of course you need both, but...- Ronak
- Post #54
- Forum: Mindset and Self-Development
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What if you suck at the thing you love. Am I wasting my time?
Passion, Aptitude, and market demand. For a successful business, you need a minimum of the latter 2, if you can get all 3, even better. For a hobby, you only need the first.- Ronak
- Post #7
- Forum: Process and Execution
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How to lose your best friend in 1 hour
PEOPLE RANTIt's easy to when you're posting on a forum to say, "screw him! move on.." but this is real life involving real people and a real relationship. Yes, sometimes people are unreasonable, that's just human nature. If its a true friend, I would say work it out. Patience is a virtue, and a true...- Ronak
- Post #39
- Forum: Managing People, Relationships
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Where I have been this time... and why I'm famous at Wells Fargo
GOLD! MINDSETDid you ever meet these guys in person (supplier or customer)? Looking back, what were the red flags in the process that you will now be paying more attention to? Amazing story, glad it turned out for the better. Weaker men would've given up long ago-- you are an inspiration and deserve all...- Ronak
- Post #32
- Forum: Mindset and Self-Development
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Just Imported My First Sea Shipment: Here's what that process looks like
GOLD!This is not surprising, however, make sure you book and reserve your space now for 2-3 weeks out, the 7th largest ocean shipper just declared bankruptcy, which has severely reduced capacity, and everyone will be scrambling for space, not to mention the higher rates post October. Some forwarders...- Ronak
- Post #75
- Forum: Product Development, Importing, Sourcing
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Just Imported My First Sea Shipment: Here's what that process looks like
GOLD!bonds4customs.com has continuous bonds for $259/year. I use them and they are legit, and at their price, if you do more than 2 shipments a year, it pays for itself. What other customs fees are they charging, typical customs clearance is $150 or so, not sure where the other $300+ is coming from.- Ronak
- Post #74
- Forum: Product Development, Importing, Sourcing
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Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD! SOURCING@Elon's Musk Congratulations, you win... @Walter Hay please send me your paypal email, or however you'd like to do it. So, why did he win? Was is the most well thought out, blow your mind out of the water response that I got right away? No...in fact, it didn't even meet the deadline. But he...- Ronak
- Post #948
- Forum: Product Development, Importing, Sourcing
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Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD! SOURCINGPersonally for the sample stage, I wouldn't worry too much. If they say they're shipping EMS, I'd take their word for it, just confirm it over email/chat and ask how long it will take. If you want/need it faster, ask them to use DHL/TNT/UPS. Shipping is almost always going to be padded, and...- Ronak
- Post #946
- Forum: Product Development, Importing, Sourcing
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Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD! SOURCINGWhile we're being generous, here's another tip that should save a couple hundred bucks to anyone who knows what to do with it-- don't buy your continuous bond from the freight forwarder, they're likely marking it up by double or more. I got quotes anywhere from $400-650. If you buy direct you...- Ronak
- Post #944
- Forum: Product Development, Importing, Sourcing
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Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD! SOURCINGLeast I could do after what I've gained here... Ok everyone, I don't want to gunk up this thread with people's requests, so if you're interested in a FREE copy of Walter's book, PM me by 11pm EST tonight with proof of how you have put stuff you've learned on the forum into action, and I'll pick...- Ronak
- Post #942
- Forum: Product Development, Importing, Sourcing
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Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD! SOURCINGMods... @Vigilante @MJ DeMarco I'd like to fund a giveaway of Walter's book as a thank you to both him and this community- Ronak
- Post #939
- Forum: Product Development, Importing, Sourcing
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China + Asia in October? Canton Fair + Travel.
MEETUPSThe view from the Intercontinental in TST is to die for, definitely one of my favorite skylines in the world. Awesome place to stay or to meet for drinks.- Ronak
- Post #11
- Forum: Networking and Meet-Ups
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Sharing my lifetime experience in export/import. Product sourcing specialist.
GOLD! SOURCINGWalter, How would you recommend approaching the idea of exclusivity for a given product line? I've only been working with them for a short time, however, I've already ordered a decent 5 figure sum worth of goods in that time span. I'm also only asking for a limited exclusivity for a given...- Ronak
- Post #930
- Forum: Product Development, Importing, Sourcing
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Just Imported My First Sea Shipment: Here's what that process looks like
GOLD!One thing that people may not realize is that these rates fluctuate throughout the year. I was lucky enough to catch some of the lowest rates in history on this last shipment. After July, ocean freight jumps due to Q4 demand-- this same shipment will cost me $1280 for Ocean Freight the next time...- Ronak
- Post #65
- Forum: Product Development, Importing, Sourcing
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Just Imported My First Sea Shipment: Here's what that process looks like
GOLD!The actual ocean portion shouldn't, though maybe the land charges might...but 14k lbs doesn't seem excessive- Ronak
- Post #62
- Forum: Product Development, Importing, Sourcing
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Just Imported My First Sea Shipment: Here's what that process looks like
GOLD!As promised: Description Price Ocean Freight $560.00 Customs Entry Service $95.00 ISF Filing for Customs $45.00 Transfer to Warehouse $375.00 Marine Insurance $100.00 Customs Duty $259.90 Total...- Ronak
- Post #60
- Forum: Product Development, Importing, Sourcing
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8 Eyewear: From Idea, to Launch, to Growth (And Quitting the Job)
IDEALOL...okay, need a qualifier in there... Having them on Amazon vs reading reviews from your own site has a different degree of credibility, provided you're not selling garlic presses off alibaba.- Ronak
- Post #1,527
- Forum: Ideas, Concept Feedback
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