One of the easiest ways to get rich is through import. The concept is simple. You source true manufacturers, not middle men, and you import their product. You take advantage of their currency weakness and abundant labor supply to get product at real wholesale prices and find local distributors to sell to.

Currently the best place to buy product is from China. It is the new Japan, or the new Taiwan. Their prices are surprising and your markups are very healthy. To prepare for a career as an importer, you need to learn many customs laws and trading abbreviations to communicate effectively with Chinese manufacturers. Typically you can speak to them on MSN or through email and they do use English translator software, so you may find it difficult to understand their meaning completely but generally the English is comprehensive.

Recently we are researching the possibility of shipping in a container load of scooters. The vespa style scooter runs on a thimble full of gas and there could be some huge demand for this alternative style of transport over the coming years as the peak oil crisis creates opportunities for importers.

We initially considered electric scooters, but discovered that couriers will not ship product with lead acid batteries by plane so the scooters would need to come by ship.

Which ever product you choose to import, there will be things you will need to learn about the product regarding its advantages and limitations. You can get rich importing product specifically because the mark up is quite healthy. Do your research and get to work!

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