I know its a lot of work. I'm planning on buying from wholesale websites either renting a local place to sell inventory or selling on ebay. I really haven't decided, there are so many things that I would like to sell. Do you have to invest a lot of money get a loan etc? I definately need a business plan. Does anyone have any tips, advice or experience on a business? Thanks!
2007-03-06 04:48:52 · 4 answers · asked by miley 2 in Business & Finance ➔ Small Business
Yo Miley
Let me start by saying that you are beginning something that you had better be definately committed to or your going to work yourself to death for little other than the experience !! And, you should be getting into something that most definately has your Love and interests centered on it ~~ anything less and you are going to tire of it and it will wilt around you before you're two years into it !!!
My first concern here is the "so many things that I would like to sell" thing---- Miley--- you better get all of this "stuff" gathered around some central or core theme here and let anything outside of that go--- because if you get too deversified in what you're dealing with-- you're going to confuse your customer base and suffer from lack of business for the lack of FOCUS !!!
I could write you a thesis on this subject---but I'm not--- I am simply going to give you a link here to a site that has FREE Ebooks on a host of subjects --- many of which deal with the internet as a business tool and Ebay in particular --- hopefully THAT will be the Worthy input that I can make here and save you my disortations on the matters---- I have built six businesses in my lifetime with only one of the six going under---I sold three at a profit---one was closed after 26 yrs of successful operations (it had been a retirement business for my Dad that I built for him to run and after 26 yrs -- he finally DID retire completely at the ripe old age of 88 ) And, one is still very much alive and in daily operations !!!
The link to the site I mentioned is as follows ---
http://www.floodle.net/
Happy research--- now go---prep---work hard and be a resounding success !!!!!
2007-03-06 05:20:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
well the main thing is i think to have BALLS!! i have my own business for 4 years now and balls will be required!! i came to realize you have to be stubborn and selfish in a way! you will end up trying to help people, and when you need their help, they will screw you over cause for human being in the business world, between a dollar won & a dollar lost- they will choose to win that dollar even if it means to screw you deeply!!
but on the loan part.. its the good to start a business with money, when you start from 0 everything is really hard(how i started) but its doable i guess since im still alive.. but really depends in what you do.. will you need machines, big inventory, big place?? depends alot but on any case to start with a bank with money even if it is a loan it helps(dependin on the interest of it)
well idk if i helped much.. but good luck
& another thing!! people around you will see you rise and will try to shoot you down!! take NOTHING FROM ANYONE!! no one will know how much you want and have fought to have what you have! for everyone what you will have will look like you got it easy, but inreallity they dont know how many unslept nites you spent thinkin and worrying about it!
DONT GIVE UP!!
good luck!!
2007-03-06 05:00:51 · answer #2 · answered by myownworkchief 2 · 0⤊ 0⤋
I don't have much of an answer for you, however, we are also looking at starting our own business. The first place we started was researching on tax id information. Good Luck!
2007-03-06 05:00:13 · answer #3 · answered by tralynn_12 1 · 0⤊ 0⤋
Hi
Hey you can use salehoo , you will find many wholesalers selling all kinds of brand name products , http://salehoo-dvds.deals-guide.com , really cheap
2007-03-07 08:21:23 · answer #4 · answered by Anonymous · 0⤊ 0⤋