I run a small business in my country where I import and sell action figures. There’s this client who keeps asking me about how he can do the same thing I do—where to buy, etc. He’s mentioning that his contract with his current job is ending soon and he wants an additional source of income. Tbf this person has always seemed to have low social skills in the way he asks things but what do i know. I would say im the one with the best know-how in the market right now due to my knowledge of apps, automation, etc. My small business is currently my only source of income. What should I tell him? I want to be polite unlike him lol
You have 2 options in this scenario
Take him under your wing and teach him basics to it , watch from a distance and also don’t give him current market updates and trend information , let him discover that on his own. He will either get some sort of ball rolling or fizzle out
Basically sell him product at a 25% profit loss but would have to be consistent or high volume for it to work out for you , but that only works when you have a abundant inventory and have a pretty bulletproof supply/demand chain set up
Honestly looking at it in a ‘Scarface’ style situation but this happens in all small businesses people come around overly curious and actually has energy towards somewhat replicating what you built. Little do they know about the countless hours of research and dedication and not to mention risk involved.