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Search results

  1. A

    Cheapest possible shipping methods during COVID

    Hey everyone! Recently I've started importing from China to Hungary, and during the beggining of this process I was facing issues by finding the best way to transport the goods, all thanks to international shipping costs that skyrocketed over the past 2 years. With no experience, my original...
  2. A

    Shipping goods from China to EU

    SIDE HUSTLE SOURCING 
    Thank you Walter, I have replied.
  3. A

    Shipping goods from China to EU

    SIDE HUSTLE SOURCING 
    I can send you a sheet where every detail of the goods is provided, I would highly appreciate your help.
  4. A

    Shipping goods from China to EU

    SIDE HUSTLE SOURCING 
    Unfortunately there is not really another way to get it, there are no manufacturers in Europe, or if there are, their price/unit is way too high, and getting machines for manufacturing it locally is a goal in the future, but that has an incredibly high price. Yes, there are similiar boxes that...
  5. A

    Shipping goods from China to EU

    SIDE HUSTLE SOURCING 
    Yes, the only option pretty much is railway shipping, since my country doesn't have a port, and air freight also won't work because the prices are even higher for that. Unfortunately railway shipping prices also cost a ton, right now I am contacting tens of different forwarders to try to get...
  6. A

    Shipping goods from China to EU

    SIDE HUSTLE SOURCING 
    Hey everyone, I am planning on importing food boxes made of sugarcane - making it biodegradable - from China, but the shipping costs are so high that it would take all my profits away, making it impossible to even operate with a 10% profit margin. I heard the shipping prices jump high during...
  7. A

    Any undervalued stocks you recommend?

    HOT! INVESTING 
    Yeah BYND looks pretty good ATM, the fundamentals are not looking great(P/E: N/A, P/B is above 20 which is crazily overvalued, EPS is negative, etc...), but the technical part looks okay. Could grow more than 30% from the current price, but be sure to manage your risk. It is not a safe bet...
  8. A

    Advices for a 21 year old wannabe Entrepreneur

    EXECUTION 
    The question if we simplify it would be: How to prepare yourself for the unexpecatble, along the journey of entrepreneurship. But yes, I agree with the "part of the process" part. I called the local agency that does these types of inspections, and they told me that I don't even have to do the...
  9. A

    Advices for a 21 year old wannabe Entrepreneur

    EXECUTION 
    Thank you Logan! I tried my best to understand everything correctly, and I believe I was able to do it. Great ideas, and more importantly, great questions! Here in Hungary, it is not that hard to find a cheap warehouse for your items, and the China related part got me to find solutions in the...
  10. A

    Advices for a 21 year old wannabe Entrepreneur

    EXECUTION 
    Thank you very much for your detailed answer! Yes, I contacted the local Food Standards Agency, aswell as an other company that does these types of registrations for such products, and I am currently waiting for their reply. Unfortunately in this case the only way to go is by importing them...
  11. A

    Advices for a 21 year old wannabe Entrepreneur

    EXECUTION 
    Hey Everyone, This is my first thread, and I would like to ask for advices from experienced entrepreneurs. I'm about to start my own LLC in Hungary, and the company's main profile is going to be vending biodegradable food boxes, straws and cutlery, for local restaurants. I did a lot of...
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