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re: Say you have $100K
Posted on 2/19/19 at 1:43 pm to TheCurmudgeon
Posted on 2/19/19 at 1:43 pm to TheCurmudgeon
Type in "Blue Ocean Strategy". Read enough to understand the difference between Red Ocean and Blue Ocean. Stick to the Blue Ocean if at all possible with either service or products. Whatever you do differentiate otherwise it comes down to price.
You want to be in the market creation side not on the market conceding side. Market conceding is where people have the same shite... service or product... and lowest price wins or lowest cost wins. Market conceding is where X amount of business moves around between companies as they get cheaper or their competition gets a little more expensive. Tough business.
Not the answer you are looking for but more philosophical. Will help you not throw $100K away.
You want to be in the market creation side not on the market conceding side. Market conceding is where people have the same shite... service or product... and lowest price wins or lowest cost wins. Market conceding is where X amount of business moves around between companies as they get cheaper or their competition gets a little more expensive. Tough business.
Not the answer you are looking for but more philosophical. Will help you not throw $100K away.
0
Posted on 2/19/19 at 1:49 pm to ccomeaux
quote:
I’d go to a legalized state and start a dispensary, nail down the mechanics, identify consumer preferences then franchise the mf
Start with a new legalized state or you'll drown.
Posted on 2/19/19 at 2:06 pm to TheCurmudgeon
Start an American football league and just hope to God the players dont ask questions about a bounced check or two
Posted on 2/19/19 at 2:15 pm to cajunduby
quote:
I'd start an escort service, for all the right reasons.
Posted on 2/19/19 at 2:16 pm to Winston Cup
quote:
Hooters franchise
In Fourchon. Hooters on pilings.
This post was edited on 2/19/19 at 2:17 pm
Posted on 2/19/19 at 2:24 pm to OweO
quote:
A snowball stand
I'll give you all the snowballs you want for free, Chris.
Posted on 2/19/19 at 2:25 pm to TheCurmudgeon
Bringing Krystal’s west of the Mississippi.
Posted on 2/19/19 at 2:30 pm to TheCurmudgeon
Hooters in Athens, GA
Posted on 2/19/19 at 2:33 pm to TheCurmudgeon
quote:
and a year to devote to nothing but starting and developing a new business with that money. What business would you start?
If you want a serious answer then buy rental property. Find some houses around 200k and buy them. Rent them for $.90 to 1.00 per square foot.
This post was edited on 2/19/19 at 6:12 pm
Posted on 2/19/19 at 2:57 pm to Vood
a mat with conclusions on it that you jump to.
Posted on 2/19/19 at 2:58 pm to TheCurmudgeon
Marijuana Cultivation
Posted on 2/19/19 at 5:33 pm to TheCurmudgeon
quote:
and a year to devote to nothing but starting and developing a new business with that money. What business would you start?
Become a bookie and double your money in no time
Posted on 2/19/19 at 7:53 pm to jvilletiger25
quote:
AOC won't stop people from loving steak and hamburgers.
Posted on 2/19/19 at 8:06 pm to TheCurmudgeon
Open up a Banana Stand
Posted on 2/19/19 at 8:32 pm to CoachMoorGut
A chic fil a would be a safe bet.
Posted on 2/19/19 at 8:43 pm to TheCurmudgeon
Self sustaining scallop farm.
Posted on 2/19/19 at 8:58 pm to TheCurmudgeon
Agribusiness
Grow weed for the burgeoning legal pot market
Grow weed for the burgeoning legal pot market
Posted on 2/19/19 at 9:03 pm to TheCurmudgeon
Start a pot shop.
Posted on 2/19/19 at 9:13 pm to adp
Pet grooming business.
Pizza food truck
Rent a Swag
Pizza food truck
Rent a Swag
Posted on 2/19/19 at 9:23 pm to TheCurmudgeon
Not trying to sound like a shithead, but 100k isn’t that much when starting a business. Especially some of the franchises suggested, which have minimums much above that.
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