Have you ever been involved in a “sticky” business? “Sticky” businesses trap you with endless tentacles, paperwork, overhead costs, and lots of government red tape. They are potential lawsuit magnets.
I avoid them like the plague.
Instead, I look for “non-sticky” businesses that are based on a hot rising trend. And the best one I’ve found lately is based on a hot rising trend called China.
The business focuses on Chinese products, commerce, and worldwide demand. I’ll tell you about it in a minute.
But first, I’d like to tell you about three new developments in China right now – developments that leverage this business opportunity in a big way.
For openers, according to the Financial Times, China has opened the floodgate of cash reserves to get their “export machine” cranked up again. Apparently some Chinese (in powerful places) believe the financial crisis of the last two years is receding.
Money is now flowing to entrepreneurs and businesses like it did pre-2007.
That’s a good thing for the “non-stick” business opportunity I found.
Another development has to do with China’s currency.
It’s a no-brainer that the Chinese want to control the value of their currency (the Yuan) against all other currencies. And import and export entrepreneurs have been wondering if they’ll suffer a backlash over China’s currency policy.
But China’s currency has a couple of things going for it. For one thing, China’s economy is relatively stable compared to the US and other countries. Plus, China has low government debt.
I’m not an economist… but I know that a sound economy and limited government debt typically increases the relative value of a currency.
In real world currency trading, China won’t be able to “control” much of anything when they do business with other countries. But overall, the Chinese currency should play a major role in international commerce in a good way.
China does not have the resources to be self-sufficient. The country needs to make and export products to the world, as well as import and consume them. In other words, they need trading partners to survive.
That’s another good thing for the “non-stick” business I found.
The third development I want to tell you about has to do with China’s population – which is still growing like wildfire despite all the restrictions on having kids.
According to the World Bank, China’s population was 1.3 billion in 2009 (1,356,359,928 as of January 2011).
And get this…
Chinese planners want to merge nine cities around the Pearl River Delta in the southern part of the country. This would create the largest “mega city” in the world, with a population of 42 million. (By comparison, the entire population of California is 39 million!)
China has unlocked the cash vault, they need trading partners to survive, and the population is skyrocketing. All good things for the “non-stick” business opportunity I found.
The “non-stick” business opportunity…
The opportunity is about being an import-export “finder.” It involves bringing buyers and sellers together and earning a percentage of each deal.
I saw this opportunity in action for the first time in Wausau, Wisconsin.
The “finder” was making money by connecting buyers in China with sellers in the US. The product was the herb ginseng – which has always been wildly popular in China. The buyers were Chinese distributors and retail stores. The sellers were ginseng farmers.
Becoming an import-export “finder” is one of the hottest “non-stick” business opportunities around.
By “non-stick,” I mean a business minus the tentacles, paperwork, inventory, employees (unless you want them), red tape, and massive overhead costs. And the lawsuit magnet aspect is almost eliminated.
In most cases, a “finder” simply facilitates deals or introduces prospective partners to each other.
Granted, the learning curve is a downside to this business. And don’t kid yourself, it takes time to bring yourself up to speed.
But in my research, I stumbled on a website – Alibaba.com – that can accelerate the learning curve a hundred-fold.
I was so impressed by the impact of this site – combined with developments in the Chinese market – on the import-export business that I developed what became known as the China Wholesale Trader.
The China Wholesale Trader is the most comprehensive resource library, how-to course, and interactive community in the world. (See what other entrepreneurs are saying about it here.)
China is on the move again, and there’s money to be made.
The country was crippled by financial turmoil over the past two years (just like everywhere else). But they’ve opened the cash spigot, enabling entrepreneurs and businesses to import and export products again!
Right now, there are more than a million companies and entrepreneurs registered on Alibaba.com. Most of these companies and entrepreneurs are aggressively seeking business partners and deals.
This is one of the great “non-stick” business opportunities of the 21st century.
Is it a good fit for you? Maybe yes, maybe no. But it’s certainly worth taking a look.[Ed. Note: Marc Charles is often referred to as “The King of Business Opportunities.” He is a regular contributor to Early to Rise and The Liberty Street Investor. He’s written dozens of bestselling e-books, courses, and special reports on business and moneymaking opportunities. He recently launched The China Wholesale Trader.]