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My full assessment

Set up and Planning

  • Created a business plan
  • Performed a competitive analysis
  • Assessed the value of the market
  • Interviewed potential customers
  • Created a prototype
  • Tried to sell to customers
  • Neutral
  • Very Confident

Market Research

  • Confident
  • Very Confident
  • Very Confident
  • Very Confident
  • Very Confident

Finances

  • Neutral
  • Confident
  • Neutral
  • Confident

Sales

  • Very Confident
  • Very Confident
  • Very Confident

Operations

  • Confident
  • Confident
  • Confident
  • Confident
  • Very Confident
  • Very Confident
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[KH]
  BMNY

Keenan Hudson Entrepreneur

Location
Rochester, New York, United States of America
Venture Industry
Export/Import
Languages spoken
  • English
Recent Activity

What I need help with

My background as an entrepreneur

My current challenges

Sourcing funding and nailing out logistics for a massively profitable trade opportunity. Tula requests we move a minimum of 1.6 million rounds per month (1600 cases, around $200,000 in product). Thats just two 40ft shipping containers a month (we believe they will cost around $4k each to ship), and the revenue is a minimum of $400,000. Selling the product isn't the problem, getting the funding and warehouse in place to recieve shipments is!

Actions I’ve taken so far

I recieved word from Tula two days ago. In that time I've sourced a warehouse location and written a Loan Proposal.

My future goals

Expand in volume on Tula orders and become their major US wholesale distributor and direct dealer via dropshipping (our russian branding should help with that goal). Diversify Imports via trade partnerships with the Poongsan Corporation of South Korea, Magtech in Brazil and Sellier & Bellot in Prague. By building a world wide network of reputable manufacturers, we will establish ourselves as the go-to importer of quality bulk ammunition within the States. By 2025, the Syndicate projects a minimum of $9M in yearly revenue through our import facility in Rochester (a $750,000 monthly revenue). Our goals will generate new jobs in our warehouse, reinvigorate an unused commercial space in the city, and allowing us to create the profits necessary to invest in other local upstart businesses from entrepreneurs among the traditionally underserved in our local community.

My motivations to work with a mentor

You learn chess from people who know how to play better than you do. I'm here to gain wisdom from someone who's succeeded in international trade and can help me avoid stumbling.


About my venture

the Red Right Hand Rifle Syndicate LLC Started 2021

New firearms import/export small business in Victor has opportunity to become Tula Cartridge Works' trade partner (one of only 5 others in America) and is sourcing a warehouse in Rochester's opportunity zone ($15000 down, 300k total) to serve as a wholesale distribution warehouse for our russian imports. Seeking guidance on small business loans to secure working capital and a warehouse, and on general import tips and logistics.

Countries of operation: United States of America