100 MILLION DOLLARS? How?

14 replies
I was wondering if there's anyone here on the forum who has make any good money doing Export and or Liquidation deals on Alibaba.com

I was reading yesterday about a guy who was in bankruptcy about to lose his home and he started working on selling import and liquidation deals by calling manufacturers and suppliers and negotiating great deals on distressed merchandise and then posting ads on Alibaba.com to find buyers.

He was able to save his home and started making great money and now has over a 100 million dollar enterprise!

I know that not everybody is going to be able to do 100 million bucks,and i don't honestly expect to,but it sure started a fire in my gut about that subject and i was wondering if there were some warriors here that have had success with that market as i would Love to hear your stories if so.

Inquiring minds want to know (I sure do) lol

Let's hear some input please,

Thanks,

Paul
#100 #deals #export #guy #making #million #read
  • Profile picture of the author John Durham
    Originally Posted by plester View Post

    I was wondering if there's anyone here on the forum who has make any good money doing Export and or Liquidation deals on Alibaba.com

    I was reading yesterday about a guy who was in bankruptcy about to lose his home and he started working on selling import and liquidation deals by calling manufacturers and suppliers and negotiating great deals on distressed merchandise and then posting ads on Alibaba.com to find buyers.

    He was able to save his home and started making great money and now has over a 100 million dollar enterprise!

    I know that not everybody is going to be able to do 100 million bucks,and i don't honestly expect to,but it sure started a fire in my gut about that subject and i was wondering if there were some warriors here that have had success with that market as i would Love to hear your stories if so.

    Inquiring minds want to know (I sure do) lol

    Let's hear some input please,

    Thanks,

    Paul

    Paul,

    I think you are referring to my friend David Weinberg... and yes, he made over 100 million dollars before he was 26 years old starting with exports then a small factory with ten employees, until one of his salesman made a major break through and ended up getting him through to Walmart and Lowes and homes depot.... He made about 300 million dollars in the next 10 years starting wiht $26k he had saved up working with his dad...

    Ten years later his company went bankrupt due to a recall on a new product they'd invented which had an issue that couldnt be forseen with the glue..., and now he does liquidations again and runs his retail store and has an ebay site worht about 5k per month, this year he has been flipping lots and didfferent things and really making a ton of headway back to being a millioniare, he has incvested his capital into a new invention, and currently has 300,000 print art paintings that hes about to sell and make about a 200k profit ...

    This has all been headway made in the last "year"... a couple of years ago that bakruptcy had hit him so hard he not only didnt have two Jaguars anymore, but could even afford to fix the alternator on his used truck that they'd reduced him too driving... NOW MY FRINED IS MAKING A comeback! An Im Proud, he's already back to being Richer than me within a year or two, and he started 100k in debt! From ZERO with ZERO credit again!

    Thats what I'd expect from a man that calls himself my best friend, and thats what he expects from me too!

    And he did it, he rebuilt himself, from his mothers spare room! after a 300 MILLION DOLLAR fall from Grace. He got on the phone, found some good stocklots and started flipping them to keep his store alive... put a 30k commission check in the bank to fall back on (its still there). He has continued making money from nothing and hasnt touched that 30k... he's about to flip one for TWO HUNDRED thousand.

    That man is a machine! Thats what you have to be, or Im sorry, but you are kidding yourself about success.

    I will be the first to tell you that I myself am a MACHIONE, but thats not arrogance, its advice... You cant have success thats above average without being that at least for a time.

    David is the most amazing person I have ever met on this earth. Thats why he's been my very best friend for 20 years now. I look up to him alot.

    Yes. Paul you can do it. I've done it, davids done it, JF Straw has Done it. And I promise you with ALL OF MY HEART AND SOUL, that I did with nothing but the internet and a phone with ZERO experience to draw upon....only an ability to extrapolate from one logical conclusion to the next, until the the process lead to a sale. I just asked "where do I look for buyers and sellers" and I started looking and asking... thats all, no system, no manual... when you want to do something, and there's no help you WAIT ON NO MAN!

    You figure it out.

    Exports is not only a way to make money, its a way to serve your country!

    Is it impossible to sell a liquidation lot...?

    Not everyone succeeed, but then, my brother has 1000 people in his MLM downline, makes 10k a month at it and people say thats impossible too.

    I would gather that a person who said they could not do it, probably wouldnt build an MLM download either and say that was impoosible too... or anything that requires and longsufferering or tenacity, but that others clearly make millions every year at!

    Its proposterous to say it cant be done, by ANYONE...literalyy ANYONE who is devoted. I success hard? I dont know , are you successful now? You tell me...

    Keep looking for the easy way and tell me if you find it, I TEACH THE "SURE" ways, and that doesnt equal easy alot iof times. But not hard either... seriously "How hard is Emailing People An Hoiur A Day"? Lets be real... How much is it worth to do a 5 hour call ssession and locate a supplier...

    Some people dont get success because it cost 10 dollar of dedication and they only want to spend one.

    Yet the evidence suggests that it IS possible, not only that, 10's of thousands of poeople make a fulltime living at it. So...

    I can tell you I have never built an MLM downline that paid me 10k per month, and I agreee that would be hard...but i HAVE sold export deals overseas in my superman underwear at 3am on trade manager, half shaved with coffee all over my tshirt...and made a $20,000k commission in one shot without leaving my spare bedroom. I have done that MANY times... to me building a downline is harder, but to each his own. I did this with NO experience, and Im convinced anyone can... at least anyone who is gonna succeed at anything hard period.

    otherwise, they just decide its not for them.... thats good for us!

    Hope this helps!

    If this thread gets interesting I will see if I can talk him into coming over here... I think he finally joined after me bugging him about it for 10 years now!!! Not sure what his username is though!
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  • Profile picture of the author Gregg
    Interesting John,

    I am sure we all appreciate the post and the accomplishments. That is what is great about this forum… people share what it takes to make money.

    More than any other forum I have been on people here share what has worked and what has not.

    Nothing works for people who are lazy.. it just doesn't matter what the product, system, niche… it just doesn't matter.

    But hard work and focus and a little guidance from the generous people on here will get you a long way towards achieving your goal!
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    • Profile picture of the author John Durham
      Originally Posted by Gregg View Post

      Interesting John,

      I am sure we all appreciate the post and the accomplishments. That is what is great about this forum... people share what it takes to make money.

      More than any other forum I have been on people here share what has worked and what has not.

      Nothing works for people who are lazy.. it just doesn't matter what the product, system, niche... it just doesn't matter.

      But hard work and focus and a little guidance from the generous people on here will get you a long way towards achieving your goal!

      It almost doesnt matter what you do if you are dedicated you can be successful at it, in lieu of naming any particular opportunity.

      Alot of people say if you are lazy you fail doesnt matter what you do, and I guess we are saying that, but you are also saying the opposite. Not only do you fail when you are lazy no matter what... you also succeed when you arent, almost no matter what.
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      • Profile picture of the author plester
        John,

        what an inspiring message,i mean WOW!

        It sounds like you not only know the export business very well,but you're really inspired about it as well.

        I just bought your wso a few days ago,related to the Offline Gold niche,but it seems that there may be some Online Gold in this Export and Liquidations niche,if someone is willing to work it.

        I appreciate you responding to my inquiry with such an Inspiring response,do you have any more wisdom,and or advice you can share?


        Thanks,

        Paul
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    • Profile picture of the author Jkhurramov
      Originally Posted by Gregg View Post

      Interesting John,

      I am sure we all appreciate the post and the accomplishments. That is what is great about this forum... people share what it takes to make money.

      More than any other forum I have been on people here share what has worked and what has not.

      Nothing works for people who are lazy.. it just doesn't matter what the product, system, niche... it just doesn't matter.

      But hard work and focus and a little guidance from the generous people on here will get you a long way towards achieving your goal!

      Yeah this is forum is the greatest one. Everyone is helpful and you can ask anything about your business and get fair and satisfying answers.
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  • Profile picture of the author ladywriter
    I need to stop coming to this forum, I'm finally falling victim to the "shiny objects" phenomena. Ooh exports.....so shiny....

    I did investigate exports a bit when I was into ebay but I had literally zero bucks to put into it. Hearing about this fellow is inspiring.
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    • Profile picture of the author Niky Ray
      Wow! I love that kind of stories! They are great momentum boosters! Thanks!
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  • Profile picture of the author John Durham
    Exports is something I learned to do from my kitchen table, I have found that really the opportunity does more apply to people who are not so shiny object oriented... However it really is simple... Most have heard it before but it really doesnt come down to much more than this the way I do it... Now my friend David is a different ball game... His idea of export brokering is getting two major manufacturers to lock arms and get them into a contract and run...and let them do a ton of business together, and you just keep collecting your money on it and get out of their way...

    What I do is flip little 20-30k lots mostly, and I will make a 5k commisssion or a 10-15k one...

    A: Call manufacturers and ask them if you can broker off their excess inventory lots.
    B: Jump online and start emailing potential buyers...

    If you do A: for 5 hours you should get a supplier unless you are targeting companies who produce on demand.

    If you do B: and hour a day for 6-10 Weeks you should be able to develop your first repeat customers and go from there.

    Thats my simple system that I discovered myself... and just started out rough calling until I could hone it... Literally ANYONE could do it, just like MLM, but most wont, just like MLM.

    Life comes down to what you "will" do... so instead of banging your head trying to figure out what you CAN do (most anything) its easier to "cut to the case"... What "will" I do?
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  • Profile picture of the author markmethew
    yes i had heard about Alibaba.com but didn't heard of this story
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  • Profile picture of the author terrencewan
    Focus on making a dollar,
    from there, try to duplicate the
    process and expanse on it.
    One day you will reach your
    100 Million Dollars.

    A lot of people lost faith
    and dare not dream so big,
    because the amount is huge,
    but if they focus on something
    smaller, and easy to achieve,
    with consistent and persistent
    effort, they will be able to reach
    that goal.

    Is just a matter of time...
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  • Profile picture of the author Steven Miranda
    Great read, thanks for posting.
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    • Profile picture of the author Goldenboy
      Thanks for the post John,
      It just shows a person's determination and the never give up attitude will surely result to a positive output. Imagine having a bankruptcy situation doesn't really stop him from pursuing his goal and by not giving up, has recovered and overcome the situation that he has been.
      Wow, a very inspiring share John and this really boost my confidence that one should never give up on to something. If we experience defeat or failure, learn from it and use the lessons learned in improving yourself. Become a better person the next since the lessons you acquire from that experience will taught us to do better on what we do.
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