We will buy close to $30,000,000 worth of goods from China this year with an average of 85 day payment terms blended.
These are 9 frequent mistakes I see founders make when sourcing from China π§΅
My conversation with @RomanEcom is live.
Negative 3 million at 32. Eight figures+ in distributions by 40.
A masterclass on D2C, supply chain (he'll save you money and fix your cash flow), and a genuinely unique take on micromanaging.
One of my favorite episodes to date!
Available on all audio platforms and YouTube.
Messenger > Message
If you struggle to convince someone you work with on a strategic shift / pivot:
Get an outsider to tell them the exact same thing as you.
In 9 out of 10 cases this helps me get my way.
@DanielDoor8@Sumohax0r AI (run ads for established players), finance, PE, big incumbent brands etc
Just where you get proper financial leverage ratios for your experience and skills
@Sumohax0r You are like the poster child for this.
140 IQ points.
Weighted average revenue and enterprise value against each IQ point is way below where it should be.
@stevenborrelli 15 to the 19th of April.
In Hong Kong.
Make sure to line it up with visiting the Canton Fair shortly after or before.
Look up the dates for Canton Fair and which faces are interesting to you.