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<blockquote data-quote="Laner" data-source="post: 949560" data-attributes="member: 1932"><p>I have been running my own businesses for 11 years now. </p><p></p><p>The last 6 have been somewhat difficult due to poor partnerships and straight up theft. </p><p></p><p>At the moment I have three businesses on the go and one consultant gig. All three are somewhat successful, though two of them are only a few months old. </p><p></p><p>In the past week, one of them has taken off and my long term business has been getting good traction with 3 lucrative sales and one very lucrative sale pending. I paid a rich connected Chinese girl to do a WeChat campaign for me and it has been working out amazing. </p><p></p><p>I dropped a bunch of money on elevator advertising in mid to high luxury condo buildings. Its a digital display and looks good, although I have yet to get any sales from it. My analytics show people coming to my site, but no calls or emails yet. Its been two weeks, so my hopes are fading. I thought I would have a captive audience, but it turns out that the upside might be as little as brand awareness. </p><p></p><p>I teemed up with a couple who has a product that I come across in my business. We have the same clients, and they are strong hustlers. We both have very complimentary products and are big fans of each others. This will likely turn out to be very lucrative for both of us. Strategic partnerships are my favorite. </p><p></p><p>I have managed to move my manufacturing from the US back to Canada. China is almost the same price as the USA, only that China has far better quality than the US in what I am manufacturing. Canada is the worse of the three, but I managed to find a nice little gem of a factory here that is competitive with pricing and is very easy to deal with. </p><p></p><p>I still have one product that I want manufactured in China (or Taiwan, Vietnam or Philippines). My packaging comes from Guangzhou which is amazing quality and very reasonable. I can also slay some serious Chinese pussy in this area so I enjoy business here. </p><p></p><p>One of my products went from zero competition to having 10 competitors in only the last 4 months. I was looking at this as being a product that was ahead of the wave, but now I could be swamped and in competition with guys who have deep pockets and more time. </p><p></p><p>My consultant mind always has me trying to help my clients do more, expand more and improve more. I like this sales technique and so it seems do my clients. </p><p></p><p>I am glad I ask for 50% up front, I have had a client go cold on me last week but he put USD$5000 up front so my costs are covered. Not many people like doing this, but it has save my ass many times.</p></blockquote><p></p>
[QUOTE="Laner, post: 949560, member: 1932"] I have been running my own businesses for 11 years now. The last 6 have been somewhat difficult due to poor partnerships and straight up theft. At the moment I have three businesses on the go and one consultant gig. All three are somewhat successful, though two of them are only a few months old. In the past week, one of them has taken off and my long term business has been getting good traction with 3 lucrative sales and one very lucrative sale pending. I paid a rich connected Chinese girl to do a WeChat campaign for me and it has been working out amazing. I dropped a bunch of money on elevator advertising in mid to high luxury condo buildings. Its a digital display and looks good, although I have yet to get any sales from it. My analytics show people coming to my site, but no calls or emails yet. Its been two weeks, so my hopes are fading. I thought I would have a captive audience, but it turns out that the upside might be as little as brand awareness. I teemed up with a couple who has a product that I come across in my business. We have the same clients, and they are strong hustlers. We both have very complimentary products and are big fans of each others. This will likely turn out to be very lucrative for both of us. Strategic partnerships are my favorite. I have managed to move my manufacturing from the US back to Canada. China is almost the same price as the USA, only that China has far better quality than the US in what I am manufacturing. Canada is the worse of the three, but I managed to find a nice little gem of a factory here that is competitive with pricing and is very easy to deal with. I still have one product that I want manufactured in China (or Taiwan, Vietnam or Philippines). My packaging comes from Guangzhou which is amazing quality and very reasonable. I can also slay some serious Chinese pussy in this area so I enjoy business here. One of my products went from zero competition to having 10 competitors in only the last 4 months. I was looking at this as being a product that was ahead of the wave, but now I could be swamped and in competition with guys who have deep pockets and more time. My consultant mind always has me trying to help my clients do more, expand more and improve more. I like this sales technique and so it seems do my clients. I am glad I ask for 50% up front, I have had a client go cold on me last week but he put USD$5000 up front so my costs are covered. Not many people like doing this, but it has save my ass many times. [/QUOTE]
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