If you had £35,000 to invest in an online start-up business...

38 replies
Found 2nd Oct 2008
....what would you do? Obviously it takes much more than a small injection of capital to make a viable business, but I'm curious to know which areas people think there might still be opportunities. Btw, this is not a question relating to my own circumstances.

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Import/export........always a market for cheap overseas products especially now with the credit crunch

I'd stick it on red, and watch the wheel spin

Banned

Help for depression etc.....

Lot's of depressed people in the world.

i'd stick it on black, and watch the wheel spin

Original Poster

choc1969;3099921

Import/export........always a market for cheap overseas products … Import/export........always a market for cheap overseas products especially now with the credit crunch



Dunno - there's a pretty saturated trading market already. Would probably need to bring something new to the market - not an easy thing to do.

DLM;3099951

Help for depression etc.....Lot's of depressed people in the world.



Now there's a potentially good idea. :thumbsup: Any further thoughts on this? Would probably need to be something that doesn't involve any type of medication or professional qualifications...

Original Poster

ctuk;3099935

I'd stick it on red, and watch the wheel spin



catinthehat;3099955

i'd stick it on black, and watch the wheel spin



Which part of "If you had £35,000 to invest in an online start-up business" did you not understand?

BEST business ideas are when you dont risk any of your own money. Have you ever heard anything of Richard Bransons early days.

ctuk;3099935

I'd stick it on red, and watch the wheel spin



catinthehat;3099955

i'd stick it on black, and watch the wheel spin



I'd put 1/2 on red and 1/2 on black,, then watch that baby spin!! :w00t::?

Original Poster

WoolyM;3100070

BEST business ideas are when you dont risk any of your own money. Have … BEST business ideas are when you dont risk any of your own money. Have you ever heard anything of Richard Bransons early days.



Quite, but that's also not easy to do. Yes, didn't he start by trading records through a small mag? I think I might even remember buying stuff from it when I was a young teenager. Or was that someone else's early business?

Depression is a good shout.

A guy I know was leaving school and his careers officer advised him to look down the social work/counselling route for employment. His thoughts were that there are so many people now hooked on drugs and booze etc, that in 5 - 10 years time there is going to be a big need for people to deal with the aftermath.

Liddle ol' me;3100087

Quite, but that's also not easy to do. Yes, didn't he start by trading … Quite, but that's also not easy to do. Yes, didn't he start by trading records through a small mag? I think I might even remember buying stuff from it when I was a young teenager. Or was that someone else's early business?



I might be wrong but I think he used to card red telephone boxes when we had them.

Another way of looking at this is to only invest in something that gives you enjoyment/satisfaction/personal fullfillment etc then even if it is not successful you will have got something from the experience

Supermod

foxymissroxy;3100081

I'd put 1/2 on red and 1/2 on black,, then watch that baby spin!! :w00t::?



Then it lands on green!!

Original Poster

modoc;3100089

Depression is a good shout. A guy I know was leaving school and his … Depression is a good shout. A guy I know was leaving school and his careers officer advised him to look down the social work/counselling route for employment. His thoughts were that there are so many people now hooked on drugs and booze etc, that in 5 - 10 years time there is going to be a big need for people to deal with the aftermath.



Yes, that was my first reaction. It is an increasing problem. We probably all know at least one person suffering from depression in one form or another.

But how to profit from that situation, and more importantly to do so responsibly and ethically? Sounds a bit complicated to me, especially if you are starting from a desire to make money...

magicjay1986;3100121

Then it lands on green!!



Then, put half on black, half on red and half on green!;-)

Original Poster

WoolyM;3100119

I might be wrong but I think he used to card red telephone boxes when we … I might be wrong but I think he used to card red telephone boxes when we had them. Another way of looking at this is to only invest in something that gives you enjoyment/satisfaction/personal fullfillment etc then even if it is not successful you will have got something from the experience



What does 'card red telephone boxes' mean :? Yes, the personal fulfilment etc route might be important, but I want to exclude it completely from this question. It just interferes with the primary aim - making profit. Ethics I do want to keep in consideration of course. :thumbsup:

magicjay1986;3100121

Then it lands on green!!



that would be just my luck too!! :x

Liddle ol' me;3100162

What does 'card red telephone boxes' mean :? Yes, the personal … What does 'card red telephone boxes' mean :? Yes, the personal fulfilment etc route might be important, but I want to exclude it completely from this question. It just interferes with the primary aim - making profit. Ethics I do want to keep in consideration of course. :thumbsup:



I maybe dreaming but I think I saw a documentary about Bransons early days many years ago. I dont even think he paid for advertising and would hand out cards or leaflets he had made or 'card' telephone boxes. (put the advertising material in the telephone boxes). No more telephone boxes these days.

I think I would go with something along these lines ... .... ?
Football shirts for your pets, not just for dogs though ... for cats, Rabbits, hamsters & even incy wincy liccle Goldfish waterproof ones ......... why ever not ? !!
[CENTER]http://www.ardentpets.co.uk/images/uploads/mushirtm.jpg[/CENTER]

Invest it in the Porn Industry

( One of the Few Recession Proof Industries, believe it or not !? )

;-)

kevingattaca2;3100239

Invest it in the Porn Industry( One of the Few Recession Proof … Invest it in the Porn Industry( One of the Few Recession Proof Industries, believe it or not !? );-)


Yes agree totally, Chinese restautants couldn't do without them for a start.

Original Poster

Porn and football shirts for animals. Hmmm.... let me think...

No!

Interesting question for the bored!, all on-line businesses seem risky because there is always someone willing to do it for free! look at the mass of free services/software etc on-line. it's gonna get harder and harder.
Personally I think anything agricultural is ok, if there is money about people will eat, if theres no money they sure as hell ain't gonna be on-line and starving.

Invest in propery abroad and advertise it online!!! Like that its online!! :thumbsup:

buy 35,000 high quality items from a £ shop, and sell them on ebay for £1.50 + postage on ebay! you'd be a thousandaire in no time!

Invest in HUKD's Build a Better Search Engine fund! :-D

splatsplatsplat;3100156

Then, put half on black, half on red and half on green!;-)



just cover the table to be safe!

depends if you are investing for high risk, high gain or low risk, low gain.

I have a few ideas that are low risk, but still need a bit of money to fund!

Original Poster

bazzaric;3100485

depends if you are investing for high risk, high gain or low risk, low … depends if you are investing for high risk, high gain or low risk, low gain. I have a few ideas that are low risk, but still need a bit of money to fund!



Low risk, relatively low gain would be acceptable, but projected profit would need to be on a par with traditional trading profits of 50% or so. Is that the sort of gain you mean when you say low? e.g. of the £35,00, expecting £25,000 to be swallowed immediately on start-up costs but the remainder to start making immediate returns? If so, those ideas could be worth considering....

Set up an online shop specialising in trendy, fashionable and reasonably priced clothing for teenage boys.......With 3 boys of my own its a nightmare finding clothes other than sports wear for them.

Original Poster

maddogb;3100373

Interesting question for the bored!, all on-line businesses seem risky … Interesting question for the bored!, all on-line businesses seem risky because there is always someone willing to do it for free! look at the mass of free services/software etc on-line. it's gonna get harder and harder.Personally I think anything agricultural is ok, if there is money about people will eat, if theres no money they sure as hell ain't gonna be on-line and starving.



Yes, free with an eye to market share and advertising. £35,000 isn't going to go far in that direction though...

Naeem786;3100390

Invest in propery abroad and advertise it online!!! Like that its … Invest in propery abroad and advertise it online!!! Like that its online!! :thumbsup:



as above - £35,000 - a shack in Nairobi isn't going to have much rental potential!

bitseylango;3100781

Set up an online shop specialising in trendy, fashionable and reasonably … Set up an online shop specialising in trendy, fashionable and reasonably priced clothing for teenage boys.......With 3 boys of my own its a nightmare finding clothes other than sports wear for them.



Niche clothing retailers online (e-tailors!) might work, but again I don't think £35,000 would go anywhere near the costs to start up a business like that.

1.make a social website service aimed at people in college (like facebook)
2.get enough people to use it with some unqiue features
3.???????????
4profit
or

1.on-line editable homepage like iGoogle
2.?????
3. Profit

Original Poster

I sniff a partner in the making, someone with whom I could skip the solicitor's fees...

Mr. B - where you got gone to...?

Original Poster

black gerbil1;3100884

1.make a social website service aimed at people in college (like … 1.make a social website service aimed at people in college (like facebook)2.get enough people to use it with some unqiue features3.???????????4profitor1.on-line editable homepage like iGoogle2.?????3. Profit



Yes, still lots of potential for e-business aimed at students I reckon. Perhaps something that can incorporate several of the identities they hold while at college ... hmm .... this is another idea worth following further.

(idea 2 is beyond me btw)

Liddle ol' me;3100948

Yes, still lots of potential for e-business aimed at students I reckon. … Yes, still lots of potential for e-business aimed at students I reckon. Perhaps something that can incorporate several of the identities they hold while at college ... hmm .... this is another idea worth following further. :)(idea 2 is beyond me btw)


http://i.i.com.com/cnwk.1d/i/tr/jason/igoogle.jpg


^^example of igoogle, just a list of info on there homepage, such as news,stocks,weather,sports news, maps etc, all on one page, its fully editable and you can even have games on your homepage.


as for Idea one, there definitely room in the student market. I find the cheapest idea are the best for on-line businesses, you don't have alot invested so if falls though you aint out much, whereas selling goods, you have stock which you may not be able to shift

black gerbil1;3100884

1.make a social website service aimed at people in college (like … 1.make a social website service aimed at people in college (like facebook)2.get enough people to use it with some unqiue features3.???????????4profit



Number 2 - Do the people using it need unique features

Or

The website has unique features.
I suppose either could make it successful.

Insurance for teenagers.

Original Poster

fmgod;3101328

Insurance for teenagers.



No idea where you are going with this one - but again, £35,000 and anything to do with insurance doesn't add up in my mind. You'd be competing with businesses underwritten to the tune of ... I dunno ...maybe £3 billion :w00t:

tell you what, as i'm so absolutely arrogant in my ability to come up with good ideas i'll pm you one and you can chuck me a few quid when you are worth a zillion!!
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