What industry are you working in?

[jafo]

Could you please explain? I'm lost (but this shouldn't be a surprise to anyone ...my set‍ of knowledge and skills is very narrow doh948"" )

Does "sell the risk" mean outsourcing? 🙄

 

[bigdaddyleon]

Started with social media, still successful with it today.

also we are starting a debt‌ collection agency for DE/AT next month, and there are still plans for casual dating sites‍
and smaller projects on the side, which I don't really supervise, but rather partners.

 

[JohnnyDoe]

jafo said:
Could you please explain? I'm lost (but this shouldn't be a surprise to anyone ...my set of knowledge and skills is very narrow doh948"" )

Does "sell the risk" mean outsourcing? 🙄
Click to expand...

Sorry I was not clear. I mean using an export trade facilitation (etf) service, either with or without recourse. Basically you sell your invoice at a discount and the buyer takes the risk of delivery. Very simplified, but I hope you got the idea.
I don't know the details of your business, but from what I read this would simplify your life and might be worth the 10% or so you pay to the etf provider.

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[jafo]

Interesting concept... I'll look into this. I'll ask my⁢ buyers if they will accept this. It never hurts to ask 😉

Thank you!

 

[JohnnyDoe]

jafo said:
Interesting concept... I'll look into this. I'll ask my buyers if they will accept this. It never hurts to ask 😉

Thank you!
Click to expand...

Buyers would only be happy, as you can offer extended payment terms, open accounts etc.

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[uplana]

You are a crazy guy 😀

Personally I'm‍ doing a little i crypto, have been lucky to buy alot of them in the⁠ early years and can live from them since then. So I do some sort of⁤ business from time to time buying expensive vehicles and sell them again after some time.⁣

 

[hokus]

Contact me, I can send you some cases.

 

[vehzag]

I hold crypto trading company in EU
We help customers to manage their crypto assets‌
Only by API keys we don’t hold anyone’s money

 

[polonieth]

SEO / Lead Gen

 

[Creocree]

EMI, processing, company registration. The main thing is payments acquiring

 

[pesto]

I'm retired Investor for the 10th year - have lot of time and money to‌ lurk around here.

 

[Armani]

I really like your super lean business‍ model and philosophy. It's very similar to where i want to be.
I'm in IT⁠ but i always liked the good old trade of physical products.

What is your yearly⁤ volume of business usually (just the order of magnitude)?

It's crazy you're doing since the⁣ 80's. You should write a book on your experiences!

 

[Armani]

This has︀ always been my idea for crypto.
Being from a beautiful but failed country in Europe,︁ with crazy public debt and taxes, i also never understood EU bulls**t, i've always looked︂ for alternative ways to do business and live free.
During the 2020-2021 bull run i︃ tried a few ideas out of Fiat rails but never worked out.
I guess that︄ if you find a way like your friends did, it's like reaching the nirvana.

What you think are the best biz models and ideas to build crypto only cash flows?︅

 

[uplana]

what business are you into @Armani ?

 

[repsolutioner]

have been in replicas e-commerce industry ove 10 years, it still has a big margin