From Beans, to 11 thousand dollar investment in alibaba, and back to Beans.

[zuravlovs65@gmai]

Hello dear Hustlers. My Name is Daniels. But my friends call me Dr.Danil (More About that I will post in introduction post)
I will try to be short with my words but it might be impossible.
Basically I screed up.

I am 23 years old at the moment and I work as a car body mechanic in a car dealership. That is what I have been doing since I was 16. or even more basically I have always been in the garage working with cars. But one day I understood that with doing a regular day job it won't be possible to fulfill my expectations of life. Maybe sounds arrogant. But at that moment I was thinking of how to make more money. so I could practice my sports (i do paragliding ) well I did from age 13 till maybe 19.
So here I am. I have decided to open a company. witch imports car parts from china Its that simple, right? 😀 One month forward I have all paperwork done and all import papers sorted out. But now I need money. I went to work in Another country so I could as soon as possible to start ordering parts. I am not hitting high I promise I will earn 10 000 dollars and come back. I have already talked to many companies in Alibaba. But I have stuck with this company named TEAHO. I don't know why but they felt most professional, at least at the moment. Now I have been living in this country for 12 months hard 12 months. I have been living in a small 5m2 Fishermans cabin to save money and have moved from job to job serval times but I have made the money. I have 11 grand for first-order excluding taxes. I am super excited. This is my first and biggest mistake. Of course these 12 months I have been wondering of parts I will order. That includes parts that I think will sell the most. I pay in 30 %. Mistake number 2. I don't use Alibaba trade insurance somehow I don't know how they got me to order just with regular bank payment. DEAM I promised my self not to do it. They start manufacturing (added some photos.) 1 month goes by and they are finished I pay the rest of the money. however next day they let me know that there are some quality issues with one of the parts Timing belts. They say they are not up to spec. And I have to wait for almost one more month. Of course, I have to agree. Cause what else can I do. Tho I am so happy they care about quality. That's the last thing I need. 100 timing belt kits witch fail and cause many engine complete destruction. Straight forward 1 mont parts are in my port. I am not home I am still working to get some extra money. I have seen the parts I ordered only in pictures from my brother. I am so excited to start selling. First, I try some Facebook groups. And u know what it kinda works I have sales. I am not super happy with the quality tho. Any way I overpaid for parts that I already have understood. they are not super good quality.but they are not bad also, at least brake discs and other parts... I haven't sold any timing belt kits yet. And my feeling about that is mixed. I want sales but these parts feel weird other components in the kit feel ok but these belts are bothering me. (my brother sent me out some parts to check them ) btw warranty on these parts is 60 000 km I have the first 2 sales on these kits. I ship them with a second thought. But Chinese people have assured me that they are good quality (i expressed that I don't like how they look) I have been thinking about these belts for a while now but slowly I forget. and just right when I have forgotten I get the call from my customer. Hey, my car has stopped on middle of the road. I took the car to a mechanic and they say timing belt is snaped how can it be I just changed it I have driven only 10 000 km (they want me to cover the cost of the new engine) I am in middle in negotiation about compensation when another call arrives.
I just swallow a lump in my throat and pick up. Same scenario. dead engine. I am devastated. And basically I spiral in months-long depression This will cost me more than all my order totals how can it be .?
I contact a supplier and explain what happened. And the only thing they say is they will cover 2 new pcs basically 66 dollars. And there is NOTHING I CAN DO. They Dont care what has happened they even blame me 😀
Why from beans to beans ?> I am sitting in my room eating cheapest beans the same as I was 12 months ago while writing this post. I hope u can learn something from this story.

Btw i am still abord the second year. and i am opening car body shop. in my home country high hopes for this one.

 

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