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.
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.