SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old August 14, 2015, 04:55 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,474
Default Even the Chinese won't buy their own junk...

Here's a look at 3 local businesses, all selling their "manufactured here" goods to the Chinese and beyond.

#1. Cash cow small biz, 40 employees, makes tire making machines. Sells 5 to 10 a year, 2 to 5 million per unit. The machine can (and has been) reversed engineered BUT, many companies prefer to buy from USA because of the support. The machine mostly malfunctions when the rubber compound isn't right. The expertise is HERE, in Akron, OH. So, rather than miss days and weeks of production, one of the reps in Asia can be on site in a day.

#2. X-ray equipment. Refurbished in Kent, OH. Used machines sold throughout the world, for a fifth of the price of a new machine. 5-7 employees, doing a few million a year, with a profit on the machine, and a back end of SUPPORT. Two reps in the field, most a day or two away, and this saves down time...so the support is well worth the cost. Customers in over 14 countries.

3#. "Lines". Specialty manufacturer of a processing line. Say you want to compete with Heinz in the Ketchup market, you need a way to make and bottle your product, these guys can help. About 100 employees, a lot of engineers and they sub contract a lot of fabrication to local businesses.
They ship custom made manufacturing lines all over the world.

All three started by an Entrepreneur, today owned by Absentee corporations, all cash cows.

Sure, there has been a ton of jobs shipped off shore, but there is still a lot of know how and expertise which may be needed to support manufacturing and many cases where even with a Chinese competitor, some of their biggest corporations won't touch their own junk, they go with the quality and expertise of the USA.

Still the home of Entrepreneurship, innovation and quality.

Opportunities abound.

Gordonj
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 10:10 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.