I’ve tried and failed to write this article ten times.
Even after I finished, I thought it was terrible–actually I was just scared to share the story. I sent it to a reader who had asked me about trading. He replied:
“It’s different than most that I have read because there is no bullshit to try and look past and all of your readers appreciate that.”
Thanks Garrett, here goes nothing:
A Kind of Introduction To Day Trading
This is about the lessons I learned while trading. The pitfalls people fall into and the ways people destroy themselves. There’s also the time I raised money for a hedge fund. Then my partner turned $30,000 into $2,000,000 in three months. It only took him two months to turn $2,000,000 into virtually zero. [click to continue…]
an entrepreneurial lion (remember this for Reason 3)
I don’t even know what an entrepreneur is anymore. For us, right now, it’s making money without having a job. And as jobs become less gettable entrepreneurship is becoming mandatory.
If you haven’t already been forced into entrepreneurship, you will be soon.
There are several forces that are making it extremely difficult for a company to justify paying you. There is the increased cost because of health care, increasing minimum wages, and machines replacing humans at an alarming pace. This has nothing to do with politics. It’s just what’s happening. (If you want more scary details then check out this post.)
So why am I taking the time to convince you to take the leap to entrepreneurship if it’s inevitable?
I want you to be ahead [click to continue…]
Once you’ve got your importing business going, you’re most definitely going to want to visit China. You’ll be able to meet your supplier face to face, negotiate lower prices, and also get the chance to experience China (which is awesome and weird).
However, if you aren’t prepared for China – you’re in for a BIG surprise.
Landing in China is like visiting a new planet. The customs, the language, the people, the food, the traffic- I could go on forever…
Personally I never thought anywhere on the planet could be more weird / unique. But despite all of its quirks and weirdness, I love it.
Below are the top 8 things that I think everyone should know and be prepared for when heading to China or doing business in China. [click to continue…]
So you want to start an online business – but you’re not sure where to start…
Maybe you have no money and no ideas – or is it too many ideas?
Are you puzzled on how to build a product/service that people will actually buy? [click to continue…]
Note from the Bros: Edmund is one of the most knowledgeable importers out there. He spoke with our advanced importing group and blew them away with his importing hacks, wealth of information, and epic stories from building his businesses. We begged him to share this information with our readers. The following post is the result of that begging: a collection of hard-won information that only comes with experience.
Thank you, Edmund. We’re lucky to have you!
-Kyle & Will
Starting an importing business can be incredibly overwhelming. There’s tons of obstacles to overcome: finding the right product, customs confiscations, scam suppliers – and that’s just the beginning…
Sending your money overseas can feel like you are sending it into the abyss never to be seen again. Trust me, I know. I have lost a TON of money learning lessons the hard way – and I’m going to show you how to AVOID MY MISTAKES. [click to continue…]