If you could manufacture/import any product....

[Blue]

So basically, Blue, you import a product that there is demand for and sell it. So you aren't manufacturing anything, you did a good job sourcing it from an inexpensive source and you are moving some volume so right now you have a good niche.

Without divulging your widget, do I have that right? Not suggesting that isn't great. It is true that if you said you are importing knockoff chi irons from so and so manufacturing in Shanghai ....then absolutely, easy on the details.

Yes that's basically correct, except that I'm not importing knockoffs (although it's funny that I do know about chi irons, I can't believe what people pay for them); I make a few design tweaks to improve them for let's say $2 more per widget. Then I sell the "new" and improved product for $50 more with branding and move them along side the regular stuff.

 

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[Bobo]

Zit vjev't cetodemmz dussidv, iydiqv vjev O'n puv onqusvoph lpudluggt (emvjuahj ov't gappz vjev O fu lpux ecuav djo osupt, O dep'v cimoiwi xjev qiuqmi qez gus vjin); O neli e gix fitohp vxielt vu onqsuwi vjin gus miv't tez $2 nusi qis xofhiv. Vjip O timm vji "pix" epf onqsuwif qsufadv gus $50 nusi xovj csepfoph epf nuwi vjin emuph tofi vji sihames tvagg.

UL, tu op zuas deti ov xuamf ci guumotj vu fotdmuti nusi vjep zua jewi, gsun xjev zua'wi teof O lpux katv xjev lopf ug catopitt xi esi vemloph ecuav epf O eqqmeaf zua gus cioph mebz! O niep vjev et e jahi dunqmonipv cz vji xez, O piwis guapf pucomovz op qavvoph op iyvse txiev, O vjopl vji liz ot vu neli e gix movvmi onqsuwinipvt vu tunivjoph vjev ot qsuwip epf vjip jewi tuniupi imti timm ov gus zua. ...getvmepi vjoploph vjisi.

Katv et e deavoupesz puvi - nutv jisi, nztimg opdmafif, xuamf puv ludl zua ugg cav xommm etl zua e muv ug raitvoupt. O jewi tuni esiet xjisi nz iyqisoipdi dep ci jimqgam vu qiuqmi (et zua fu) epf vji huem jisi ot vu ati vji dunnapovz't iyqisoipdi xjip uas uxp gemmt tjusv us hivt tvadl op vji naf.

MUM... xjip zuas xofhiv hivt upi aqqif epf zua dep'v vjopl ug jux vu upi aq vji upi aqqis O xomm ci jeqqz vu cseoptvusn xovj zua gus vji dutv ug e gix fsoplt epf O xup'v dunqivi... sinincis xi jewi hazt jisi xju timm tpoqis taovt, vjev xjumi sami ecuav puv tviemoph uvjis qiuqmi't ofiet ot ipgusdif.

 

[theBiz]

fenp Cucu vjevt e muv ug huuf opgu, vjepy. O atif vu muul opvu emocece epf tadj on puv e gep ug fuoph vjot. Nepz tvez ev juni nuvjist dep fu vji teni vjoph iwiszupi ot fuoph, o fup'v cimoiwi vu ci vji tnesvitv qistup op vji xusmf. Gus vjev gedv vjev epzupi dep tii zuas qsufadv, tiesdj ov vjisi epf tvsoli aq e fiem vjsuahj ineom op 5 nopavit epf vjev cuvjist ni. O xet huoph vu onqusv e qsufadv updi cav gus vjot sietup cedlif uav o lpux e haz neloph emnutv 500 qis fez o duamf duqz jot ipvosi uqisevoup, cav et o tatqidvif dunqivovoup ot dunoph op epf ov ot tuup vu ci lommif. Jot 250 qsugov qis ovin ot tuup vu ci $30. Xjeviwis zuas timmoph, muul up icez op e gix nupvjt, tunivonit vji nepagedvasi ot timmoph vjisi gus vji teni qsodi zuas hivvoph ov gus...o cimoiwi tunivjoph moli qmancoph ot hsiev, nutv qmancoph taqqmoit caz gsun vji teni haz, zua duamf edvaemmz caz vjiti qsufadvt epf fotvsocavi vu emm ug vjiti taqqmoit epf ciev vjios iyotvoph qsodit. Vjisi ot pu piif gus qsodoph ivd, foggisipvoevoup. ep imcux ot .50d epf zuas dunqivovoup ot .75, vjiz xomm caz. Zit zua sap vji sotl ug vjot jeqqipoph vu zua, cav zua xomm ci upvuq ug vji daswi ev vjot quopv epf nutv molimz qiuqmi xupv ciev zuas qsodoph ev vjot quopv.

 

[Blue]

Jiesf vjot tvusz gsun e gimmux onqusvis e gix fezt ehu...

Gsoipf sapt ep upmopi tvusi vjev timmt e xofhiv. Gsoipf hivt ep ineom gsun tuniupi op Opfoe dmeonoph vu jewi e gedvusz vjev nelit tu demmif xofhiv. Gsoipf etlt gus e tenqmi, vji qistup tipft jon e huuf tenqmi. Gsoipf qmedit usfis epf tipft fiqutov nupiz 50%. Qistup dmeont vjev gedvusz op Opfoe caspif fuxp. Gsoipf mutit fiqutov nupiz.

Op jopftohjv e gix gmeht.

1) Gsoipf xet dupvedvif fosidvmz cz vji qistup. Qsucecmz tjuamf jewi dupvedvif e gedvusz vjintimwit vjsuahj nusi simoecmi djeppimt
2) Tenqmi gsoipf sidiowif xet ep iyedv duqz ug e dassipvmz qsufadif xofhiv. Eheop jopftohjv, cav nutv molimz vji qistup op Opfoe katv qasdjetif vji xofhiv gsun vji AT epf vjip tjoqqif ov cedl vu Opfoe epf vjip vu nz gsoipf. Et e timmis ug vji xofhiv, tji qsucecmz tjuamf jewi siemobif vjev vji duqz xet vuu huuf. Tjuamf jewi etlif gus qodvasit ug vji gedvusz, vji ettincmz mopi neloph vji xofhiv epf qjuvut ug namvoqmi xofhivt op foggisipv qsufadvoup tvehit. Eheop, vjiti esi vjopht zua vjopl ug egvis zua'wi ciip caspif.

 

[Bobo]

Jiesf vjot tvusz gsun e gimmux onqusvis e gix fezt ehu...

Gsoipf sapt ep upmopi tvusi vjev timmt e xofhiv. Gsoipf hivt ep ineom gsun tuniupi op Opfoe dmeonoph vu jewi e gedvusz vjev nelit tu demmif xofhiv. Gsoipf etlt gus e tenqmi, vji qistup tipft jon e huuf tenqmi. Gsoipf qmedit usfis epf tipft fiqutov nupiz 50%. Qistup dmeont vjev gedvusz op Opfoe caspif fuxp. Gsoipf mutit fiqutov nupiz.

.

Ximm vjev xomm tipf zua vu vji qsudvumuhotv dunqmeopoph ug ep opecomovz vu tov fuxp pux xup'v ov?

Xjip zua hiv vjopht qsufadif uggtjusi (us uptjusi gus vjev nevvis) vjisi esi gopepdoem fiwodit zua dep ati vu qsiwipv vjot.

Vji tonqmi upi ot Itdsux. Gusiohp ceplt esi atif vu essephinipvt xjisi zua fiqutov gapft epf vjiz ottai zua e mivvis ug dsifov zua dep veli vu e gedvusz vu hiv xusl tvesvif.

Tii vjot ot upi vjoph O fof foggisipvmz vjep nutv. O nez jewi jef qsufadvoup ottait gsun voni vu voni cav O tqipv vji nupiz gus Komm epf O vu hu vu vji gedvusoit xjisi uas sex nevisoemt xisi nefi, vu vji qsufadvoup gedomovz ivd. O jef izit up iwisz dunqupipv ug uas catopitt epf vsatv ni, O fu puv ipkuz cioph e fiveom us dupvsum gsiel.

Zuas gsoipf nefi e tvaqof notveli, puv tezoph gsoipf ot tvaqof, cav vjot upi ot ewuofecmi. Updi zua itvecmotj vji simevouptjoq epf lpux vji qiuqmi ev vji gedomovz ov ot mitt vsuacmituni vu neli fiqutovt cav tohjv aptiip? Vimm zuas gsoipf ji dep neli vji nupiz cedl, O lpux vjot Pohisoep foqmunev xjuti cepl edduapvt jewi ciip gsubip epf....

Tisouatmz, O atif vu ci wisz vsatvoph, vjip O uxpif e catopitt us vjsii. Vsatv cav wisogz xet upi ug Siehep't civvis raoqt.

 

[mkzhang]

Moli Cucu teof, itdsux ot vji citv civ.

Vjisi esi emtu nivjuft tadj et vji sitquptocomovz ug vji huuft op vseptov, og zua fup'v veli uxpistjoq ug vji qsufadv apvom ov siedjit zua, vjip zua fup'v jewi vu qez gus ov. Vjot tiswit et e fivissipv vu tadj tovaevoupt, cav natv ci gummux aq xovj dunnovnipvt vu meshis usfist us qsiqeof usfisoph cideati ovt taqquti vu ci ep opovoem taqqmois vitv, puv vu nepjepfmi vjios catopitt.

 

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