What Kind Of Business Would You Start?
03-31-2005, 07:36 AM
#21
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[quote name='94touring' date='Mar 31 2005, 12:49 AM']I remember you asked this not too long ago. Must have 150k burning a hole in your pocket. Well I guess it depends on what you're interested in. You have to find something your passionate about to suceed. I've been growing interested in doing body work and paint. Or maybe open a small cafe or something.
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I asked a similar question, but i asked it with some slightly different variables.... and I wouldn't say "burning a hole".
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I asked a similar question, but i asked it with some slightly different variables.... and I wouldn't say "burning a hole".
03-31-2005, 07:37 AM
#22
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Real estate's where its at. But if I had 150k, I'd invest it, save enough out of my potential earnings for any capital gains taxes, then reinvest whats left over, with a shitty day job on the side. Go long term, diversified to the hilt so a enron-like scandal doesnt render me broke, and after 10 years, go to mexico with my cool quarter mil, start a bar on the beach, selling beer to underage American spring breakers while selling the videos of the inevitable boobie flashes across the internet in a GGW type manner. Save every dime not needed to sustain my life, and reinvest it. Move to Northern California once my fortune reaches 400k, integrate myself into politics. Work my way up to mayor, then state representative, then announce my bid for the presidential seat. PROMISE to lower gas prices to ensure the working man's vote, then watch as the rich elite squim as a "commoner" rises to their ranks. Always have an honest answer for questions posed about my sordid past regarding my Mexican entrepeneurship, promising the American people that while it may appear shady to an extent, I provided happiness to those people, as I shall with my 1st term in office. Become elected to the presidency of the USA. Avoid BJ scandal from chunky intern. Efficiently run country in a manner that makes America wonder what the **** they were smoking to elect George Bush into office TWICE. Make EMU the new national bird. Hell, bald eagles are almost extinct, and if theres anything the state of the world has taught me these days, ITS TIME TO MOVE ON. Deliver to the cheering masses Osama bin Laden's head. Under the pretense of "Gross misconduct and negligence on the part of rogue terrorists attempting to build an atomic device," nuke the *******... get reelected as the country's best president since FDR. Start legislature to legalize gay marriage, and make a polite mockery of the tyrannical rule of the country by the "moral majorty" (****'em anyway) and have howard stern come back to broadcast radio? Got a problem with it? change the station. RE-legalize the Home Recording Act, and stop the MPAA and RIAA from harassing my taxpayers. Get the homeless off the streets EVEN if that means we dont have to buy new F-18s every year. Become Time magazine's Man of the Year, and start a nationwide petition of Mazda to bring back the friggin FD. Take my $200k/yr salary, and invest back in the stock market. Place gas guzzler taxes on SUVs and actively promote awareness that your HUGE *** UNSAFE EVERYTHINGS A FRIGGIN BLIND SPOT BECAUSE YOU CAN'T EVEN SEE THE HORIZON OVER YOUR HOOD NON OFFROADING SAVING YOUR LIFE AT THE EXPENSE OF WHOEVER IT IS YOU RUN OVER BECAUSE YOU DIDNT EVEN SEE THEM is not the way to go. The GVW of your vehicle doesnt determine your ***** size. Revamp Social security to people who've actually paid something into it (children not included) and start a systematic check to make sure people on it actually need it. Gracefully cede from the presidency, leaving a lasting impression on the youth, the young, and the old. Have a highschool named after me. Or two. And yes, make them spell my last name correctly. THEN get into porno, where the real money's at.
03-31-2005, 07:38 AM
#23
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[quote name='amp' date='Mar 31 2005, 12:16 AM']id invest it in realty instead of a business...
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That's investing, this is a separate equation, I'm looking to get into something i enjoy doing AND making money while doing it.
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That's investing, this is a separate equation, I'm looking to get into something i enjoy doing AND making money while doing it.
03-31-2005, 07:42 AM
#24
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banzai that would be a good idea. I wonder what insurance on a place that allows people such into dangerous situations like that would cost, though. Oh well, I guess you could have a lawyer draw up a good no-fault waver before some dumbass has his hoopty crush him like the wicked witch on Wizard of Oz.
03-31-2005, 07:43 AM
#25
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OK, maybe I should refraise this. Let's just say for arguments sake....
You have 400k in stocks, bonds, mutual funds, etc.... and 150k to invest in a business, you see your 400k is your nest egg, but I wanna do something each day that 1) I enjoy 2) puts money in my pocket 3) is low stress. You see there has to be something, there's tons of small businesses out there thriving, especially here locally, its the fastest growing city in the US.
So back to the question, assuming your retirement was handled and you had $150k to throw at something to keep you busya nd pay your bills what would it be?
You have 400k in stocks, bonds, mutual funds, etc.... and 150k to invest in a business, you see your 400k is your nest egg, but I wanna do something each day that 1) I enjoy 2) puts money in my pocket 3) is low stress. You see there has to be something, there's tons of small businesses out there thriving, especially here locally, its the fastest growing city in the US.
So back to the question, assuming your retirement was handled and you had $150k to throw at something to keep you busya nd pay your bills what would it be?
03-31-2005, 07:47 AM
#26
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other than become the most powerful man in the world? Start a security business, securing people's wireless networks. Plant the seed of what can happen if someone gets access to their network (**AA lawsuits for pirating, blame for a worldwide virus if launched from your unprotected IP address) thus creating the market, then bill out the *** to ensure this doesnt happen to them. Just think of all the "I'm at a customer's house" threads you could have then!!!
03-31-2005, 07:47 AM
#27
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It too depends on what skill you have. To open a shop to service cars you have to know the trade. Without a mechanics certificate you are a bit limited to a small audience. Can you weld? What about machine? stuff like that needs to be factored in, unless you are going to hire someone and you sit behind the desk. That probably won't work for a small start business, you are goign to need to get your hands dirty.
For me if I had 150K (i most likely need more) is to provide welding equipment rental in Ottawa or a smaller sized city that does not have this service readily available. I would then expand it to provide the welder service too, services such as underwater welding or aeropsace, wherein I recieve the contract/job and I staff that job from a list of people I know can do it. I take a cut and they take a cut, and I make money as well on renting out the machines.
For me if I had 150K (i most likely need more) is to provide welding equipment rental in Ottawa or a smaller sized city that does not have this service readily available. I would then expand it to provide the welder service too, services such as underwater welding or aeropsace, wherein I recieve the contract/job and I staff that job from a list of people I know can do it. I take a cut and they take a cut, and I make money as well on renting out the machines.
03-31-2005, 07:49 AM
#28
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[quote name='ambassador_josh' date='Mar 31 2005, 07:47 AM']other than become the most powerful man in the world? Start a security business, securing people's wireless networks. Plant the seed of what can happen if someone gets access to their network (**AA lawsuits for pirating, blame for a worldwide virus if launched from your unprotected IP address) thus creating the market, then bill out the *** to ensure this doesnt happen to them. Just think of all the "I'm at a customer's house" threads you could have then!!!
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Hell, you could even call it
"SCOTT'S WIFI SECURITY-We plug your holes"
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Hell, you could even call it
"SCOTT'S WIFI SECURITY-We plug your holes"