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New Start Up Business Ideas

Posted on 9/4/12 at 10:35 am
Posted by lsut2005
Northshore
Member since Jul 2009
2604 posts
Posted on 9/4/12 at 10:35 am
Good buddy of mine inherited some money and want's to start a business. We've been brainstorming ideas but want some input from the money board. What are some good small business ideas for a young guy that wants to work for himself? TIA
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72734 posts
Posted on 9/4/12 at 11:22 am to
you really need to give out more info and past history of what this guy has done and his experience in these matters. Any business experience beforehand? Plenty traditional businesses are doomed to fail at the beginning for many reasons unless you have a great sales team and/or a great in demand product/service or something with not much competition.
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 9/4/12 at 12:08 pm to
Is there an area in which you have expertise?
Posted by GoHoGsGo06
Member since Nov 2006
5739 posts
Posted on 9/4/12 at 1:01 pm to
I second the thought that there needs to be a high demand or a great sales team to overcome low demand. Id stick to things that will always be around (babies, college students,etc). Make your demand self replenshing.

Also, obviously it is best to do something you love, so be wise when making the final decision.

Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72734 posts
Posted on 9/5/12 at 9:51 am to
we are all still awaiting your answer before anyone can even try to help you. I have a feeling the answers were not what you were looking for so you bailed.......or you do not want to answer questions posed to you..........am I correct?

nobody said it would be easy
This post was edited on 9/5/12 at 10:02 am
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