Ep. 8: Building a Profitable Sourcing Business From Scratch

Today’s guest Antoni Watts is the owner of a sourcing company specializing in mobile phone accessory, consumer electronic and gift products.   He started the company in October 2009 and quickly grew it to roughly 1 million units in annual turnover.   However, since then, he has decided to exit the sourcing business and shift his attention elsewhere.   Today, we’ll discuss how he was able to grow the company so quickly with limited capital, what challenges he faced, and why he eventually decided to exit the business.

EPISODE CONTENT:

• Learn how Antoni started and grew the company quickly with limited capital

• The challenges he faced and lessons he learned

• Why he decided to quit the sourcing business even though he was profitable

Episode Mentions:

• Zig Ziglar's Secrets of Closing the Sale

• The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

• Tungsten Jewelry – Tungsten Rings on Alibaba

You can connect with Antoni:

• Connect with Antoni Watts (Hong Kong) on LinkeIn

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