Want to start a business but...

GhostSixFour

Username approved by US Airforce
Joined
Nov 9, 2009
Messages
16,748
OP - develop an alternative energy source for vehicles, that has a longer range than electricity, not as heavy and doesn't take that long to charge, nor must it be as volatile as hydrogen.

Once you have that, get ready for the $ to roll in.
 

goga

Well-Known Member
Joined
Jun 17, 2007
Messages
113
Hey members

I'm looking to start a business, online or offline. I don't have much capital really but i just need some good ideas i can possibly go with. I wish i could offer something new but honestly i can't think of anything.

Any advice? or anyone wants to like partner up and maybe make millions lol

(its possible) :)

Thanks

The first bit of advice I can offer is to learn from your mistakes - this builds what people call experience and experience is valuable.
It seems you're unable to learn from your mistakes though as you posted this same thread in December and got grilled for it: http://mybroadband.co.za/vb/showthr...pportunity?p=14177975&highlight=#post14177975

You're offering people nothing more than "I want to be in business with no capital and no idea, hey wanna partner with me". With what you're offering, you're an employee at best - not an entrepreneur. You like the idea of your own business and the belief that it will turn into millions but without any direction or serious motivation.

My 2 cents. Invest it perhaps.
 

goga

Well-Known Member
Joined
Jun 17, 2007
Messages
113
Now as a more serious response to you, despite your lack of direction/age/maturity/etc.

If you want to give it a go, you need to find something requiring low capital investment, easy to sell, and with long term to potential to grow exponentially/scalability.
I'd suggest to cut your teeth in business a bit - try prepacking/repacking.
Buy anything in bulk, repack into smaller sizes, add your own label, double/quadruple the markup on product and work on selling the "broken down" product (small packs).
ie: Buy sweets in bulk, pink and white sweets, nuts, mints, etc. Buy premade small clear bags, a scale, and an impulse sealer +/- R500-R1000 spend. Repackage into 30gr or 50gr quantities, create a wire rack display stand (you can buy these ready and add a plastic branded sign to it) and try and market it to local independent retailers for their stores (to be placed near their exits/tillpoints).
Allow them a good markup and yourself a good markup - it is there.
Focus on independent supermarkets and similar stores.
If it works and you're securing a few regular customers, then you're onto something and expand.
If it doesn't, you've learnt a few lessons for less than a grand.

Above assumes you aren't quitting a full time highly paid job for this.
Repacking/prepacking can work on any product - but the sales plan would be different.
Maize, nuts, glycerine, chemicals, cleaning liquids, sweets, rice, biscuits.
It is an easy low cost entry into business.
 

Wasp_21

Expert Member
Joined
Oct 21, 2009
Messages
2,881
OP, anything to do with banting will be a hit. there you go, free idea.
 
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