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MyEDC account
Manage your finance and insurance services. Get access to export tools and expert insights.
It was always in the back of my mind. I was part of a successful exporting business in the 1990s and early 2000s. I realized we could adapt that strategy to any product.
Growing up, playing in a rock band, and then starting my own recording studio sent me down a path of entertainment production and development. Our band spent a lot of time in recording studios, and naturally, that lead to me asking about getting CDs produced. One thing lead to another and I ended up working at Healey Disc Manufacturing, where I spent a number of years running this CD/DVD manufacturing business, servicing American clients (including artists, record labels, and corporate clients) who required graphic design, printing, and replication of media.
For me, I found that I related to U.S. clients a little more than I related to my own domestic clients. Being a musician, I like the freewheeling corporate landscape that the U.S. operates in. Competition weeds out the lazy.
Not really, at least in my field of work. I find the two markets to be very different indeed, and as such, I have two separate strategies completely.
Collect the money before anything goes out!
Shipping product and having it sustain damage during that process. We need to not cut corners and inspect everything fully before shipping out, in order to better make a case against shipping ‘issues’. Do not cut corners when trying to resolve such issues, as this will result in a spiraling of issues that are hard to control.
That the Canadian dollar would rebound so strongly, then lose value again. I mean, I realize things are cyclical, but it really hits home when you lose a ton of money overnight.
Be ever vigilant about fluctuating currencies and internal pressures that effect your clientele. You may not be aware of an impactful event that transforms your customers’ ideals.
Resilience. You will be facing a tough audience that is only interested in you (or your product) because it makes sense to investigate every opportunity. Be ready when the opportunity shows itself.
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