Get Rich Quick? Thinking Bigg!
Do you ever watch television really late and see the guy selling that new real estate (become a quick millionaire) marketing package? Have you said to yourself “That can’t work…. can it?”. The answer to that question is no, it can not. However, if you are looking for a great success story then look no further than Dave Novak.
Novak is the classic “40 Hour Work Week” example. He was a cubical slave/art director turned shower and spa importer and eBay seller powerhouse. He dove into the high end spa market after concluding that there was so much margin purchasing from China that he could turn a huge profit selling at wholesale cost direct to consumers. With no experience, and for that matter, no idea if anyone would buy such a product on ebay, Novak became a success by being bold and thinking big.
I was turned on to this story by a great friend and colleague who peaked my interest one day with an email reading nothing but Novak’s website address and this question: “Dylan…doesn’t this guy remind you of the old days importing granite?“. Novak indeed followed a similar path to my own importing granite. I found a niche market, the margins were high, but would people buy?
Fortune favors the bold, Novak invested $2,000 in savings and continued to double his investment finally to the tune of $2,500,000 over a two year period. So what is Novak going to do with all that loot? Sell subscriptions to his “eBay Millionaire Secrets” website of course.
While my story starts out very similar, with a home-run importing granite, my experience with suppliers has not always been easy. Importing modular kitchen cabinets is a prime example of this and changed my approach to international trading. This is about someone who took a risk, found an opportunity in a niche market and like in poker, went “all in”. Dave Novak has been featured on Fox News, GoDaddy and StartupNation Radio. What his interviews don’t tell you is that there will always be bumps in the road along the way. Using SourceJuice as a forum, I invite Dave Novak to “Share His Expertise” on perseverance, a quality that goes hand-in-hand with success.
Every major company in the world has been started by risk takers who learned as the company grew. SourceJuice is here to educate you, excite you, inform you and learn from you through Sharing Your Expertise. We at SourceJuice celebrate all those that take the risk to do something.
So the core question that is in the forefront of everyones’ minds when doing business internationally or in China:
Is it possible? - Yes! Are there risks? - Yes.
Should I do it? - Do your research, read SourceJuice.com, invest in solid due diligence, scrap the idea and start over, talk to anyone and everyone that has done business in China…. and then the answer is Yes.
When I mean read SourceJuice, I mean read:
- About real people like you that have persevered: Beware the Middleman and Seek the Intermediary
- Success Stories: The Holy Grail of Risk Taking Entrepreneurs: Brits Get Rich in China
- The most valuable of stories, experience: Share your Expertise Series - David Anderson on the China Granite Industry
- How to get your business into motion with funding: Show Me the Money! Finding Investment For Your Import Venture
- Everything you need to know to make sure the numbers will work: Digging Deeper Series - Actual Landed Costs Examined

dylan@sourcejuice.com // Dylan Blankenship
Last 5 posts by dylan
- Importing a Pet into China via Hong Kong - June 18th, 2008
- Contacting a Factory Online; Lessons Learned from the Field - June 15th, 2008
- One Man’s Challenge Is Another Man’s Treasure - Home Building Materials, part 3 of 3 and continuing. - May 4th, 2008
- One Man’s Challenge Is Another Man’s Treasure - Home Building Materials, part 2 of 3 - April 26th, 2008
- One Man's Challenge Is Another Man's Treasure - Home Building Materials, part 1 of 3 - April 20th, 2008
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