$35k, enough to start any kind of business?

[TranceNation]

was reading a thread posted earlier today and just wanted to know. thnx

 

[jinduy]

yeah, u can open up some lil store in the swap meet








or maybe a lil restaurant.

 

[bothered]

As someone that now lives comfortably off of a business I started with virtually no investment capital, I would say that $30k should be put in an investment account, and the rest should be spent on a trip to hawaii.

 

[AnyMal]

Originally posted by: bothered
As someone that now lives comfortably off of a business I started with virtually no investment capital, I would say that $30k should be put in an investment account, and the rest should be spent on a trip to hawaii.

indulge us please

 

[bothered]

I sell ebooks on the internet.

 

[AnyMal]

Originally posted by: bothered
I sell ebooks on the internet.

as a reseller or your own?

 

[kranky]

You could start any number of businesses with $35K. I know a guy who does tree cutting and all he spent to get started was the price of a chain saw.

Think about businesses that have low overhead so you won't blow through your money too fast. If I was going to start a business, I'd try to find something with low overhead that caters to wealthy people. House-sitting would be a good example.

 

[chiwawa626]

Depends on what type of business your trying to start...when you say any there really is a diffrence between a taco truck, small store, and a motel.

 

[XMan]

FWIW, my dad started his auto shop with next to no money, a garage (inherited from my grandparents) and a bunch of tools. He's now the only ASE-certified non-franchise shop in my home town, and the customers are rolling in and out with such frequency that my stepmom quit her job as a grocery store manager and works for him now.

So to back up the previous point, it's pretty dependent on what you're planning to do, what other resources you have, and what abilities you have.

 

[Mrburns2007]

plow king ?

 

[tm37]

Originally posted by: bothered
I sell ebooks on the internet.

if I buy a book from you do I get put in the matrix?

 

[toekramp]

Originally posted by: Mrburns2007
plow king ?

hahahha

 

[jagr10]

Depending on where you live, $35 000 won't really allow you to get into any type of franchise unless it's a dollar store. However, you can open up any type of other store. Keep in mind that the service industry pays the most because the profit is 100%. So if you stick to that you're fine.

 

[Rufio]

ask taht infomercial dude.

 

[minendo]

Originally posted by: AnyMal

Originally posted by: bothered
I sell ebooks on the internet.

as a reseller or your own?

Probably that guy that spams millions of people offering cheap ebooks.