How Much Money My Importing Business Makes

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Sharing how much money we make from importing and selling arts and crafts products. I will reveal the revenue, costs and the profit we make.

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Selling Arts & Crafts to nurseries? If only you knew someone that had a load of day nurseries… 😅👍

SteveSpendsaPenny
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Hi James, great video!
There are so many videos out there talking about their successful business stories and sharing their tips without actually showing what their businesses really are, which leaves you wondering if they're actually making money with their business or actually making profit out of people listening and watching their content.

You're the first person that came out really starightforward from the beginning.
Of course, there must be so many other factors to considering when running a business (tax, product certification, logistics etc), but I think you showed the basics of running your business very clearly.
I'm trying to build my own import/export business and your channel is just what I needed.

I'd like to know more about your beginning of your business. (Why you chose your first product, how you found it, how you started etc).
I look forward to seeing more of your videos!

dcrux
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Always great content. There is not a lot of information like this online. Keep it up James!

barrymcdonagh
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I saw a comment on a previous video where someone was moaning about you using other countries for this stuff. So I'm really happy to see you answering that so well.

simoncaine
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Can you please do a video about your laser tag business? I've not seen you do anything on that and I'm super interested in how this fits into your empire. Thank you!

simoncaine
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📌 I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

JephthaRamsey
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Great content as always James, We started importing container loads of car parts literally start of 2019 and we hit it really well but post 2020 the snowball stopped and literally was breaking even. Now the freight charges are back to normal I hope they all stay and hope we can all get those pre covid margins back and grow 🌱

abutler
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Smashing it James. Thanks for inspiring 👍🏻

cryptogold
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Great video as usual. Would love to know more about how you track all your business… what reports etc.

jayph
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I find this sort of thing really interesting. I spent 20+ years buying from the far east and seeing how far east companies manufacture is mind blowing. We simply are unable to do this in the UK. What is interesting is Turkey being brought up all the time. Most of your printing media is made in the far east and watching it being made just shows how cut out China is with manufacturing.

carlrea
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What an informative video! Thanks for that! 👍

asmith
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Great course with documentary vibes, really enjoyed it

herminembikukinkela
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Thank you for making this insightful video. Lots of gold here

zainmstudios
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I liked the breakdown for b2b and b2c. I didn't know that businesses didn't pay straight away!

QTMagic
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Hello James, is your 5× cost formula calculated on landed cost, or on ex factory price? Love the work, hope you see this!

fatboywins
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Learnt more on this video than 4 years in uni. Love it!!!

jacksmith-oktx
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This is all really great stuff - the pure mechanics of it all. However the big omission and headache.... and the "lifeblood"... is how do you get the customers, particularly the wholesale/trade accounts, in the door?! Is it a case of build it and they will come? Are you that "niche" that you're the go-to for this stuff?

rorowalker
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Found this channel recently, loving the content!

ormstoodotcom
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Someone who is thinking of starting their own import/export business. What products are easy to buy and shift to begin with just to get you up and running?

rossl
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I like the explanation about why it's not done in the UK. Make in the West only sounds good at campaign rallies, but not too practical.

Eastern_Prosperity