Business Ideas

[sana54210]

In this current times, you do not have to build a business that requires that much capital. I am not saying those business ideas are bad, but if you do not have the capital, then spending that much is a mistake. We made the same mistake for my wife, and we spent a lot, and that caused us the business.

The smarter way would be spending whatever you have on online marketing, that way you could work even at home and still sell a lot. A friend of mine got rich literally off one of those "coupon" websites, he would just be giving out already existing coupon codes for many websites, from domain to casino to shopping, and all he did was be a website where all of it could be found, did great marketing and paid a lot and he got thousands of views per day, tens of thousands even, and sold it and got rich.

[Coyster]

OP i must say you do not sound like someone who has actually started a business, at least not successfully. You talking about machines and all, what exactly were you trying to say there, lol. There is so much competition out there if you are intending to start a novel manufacturing brand and to even think of doing so, you'll need to have huge capital, or else you'd be wasting your time and the little money you have.

That said, people like fairytales, but you have to be brutally honest with yourself when it comes to stuff like this. I actually believe that if you have a skill that people really need, then you have a huge chance of success in business through offering that skill. Or you can grow a retail business.

[Miles2006]

I observed something whenever business ideas are talked about, I came across a post while scrolling through tiktok. A popular business owner who sells luxury clothes including wholesale and retail trade, quite surprising this user developed a large number of audience always engaging post, I always applaud her advertising skill but, presently she had some difficulties with low sells. In this situation customers had much to say concerning the price of goods stating the price is much expensive, it’s normal to get both negative and positive review yet what makes a difference is putting every customer criticism into reconsideration.
Creating a better idea with a stable capital besides before going for a business choice the person must be well knowledgeable first then put a good planning.

[UmerIdrees]

I observed something whenever business ideas are talked about, I came across a post while scrolling through tiktok. A popular business owner who sells luxury clothes including wholesale and retail trade, quite surprising this user developed a large number of audience always engaging post, I always applaud her advertising skill but, presently she had some difficulties with low sells. In this situation customers had much to say concerning the price of goods stating the price is much expensive, it’s normal to get both negative and positive review yet what makes a difference is putting every customer criticism into reconsideration.
Creating a better idea with a stable capital besides before going for a business choice the person must be well knowledgeable first then put a good planning.

I think this clothing business idea was good one time but now it's saturated and many people are doing this business and perhaps that's the reason the ROI in this business has gone good significantly. You can still do it but one needs to find new viraity and new ways of working (marketing) in order to get the sales going.

Also it depends from where you are doing this business and whom your target audience is. Ladies and children clothes tend to sell a lot quicker than men's clothes. Also the demand for ladies clothes is always more than the gents clothes.

[Vaculin]

Indeed, start with a good business idea. Even if the competition in the market is high, but if the demand for it is undoubtedly high, then stick to it and conduct more research so you can innovate your business or add some uniqueness into it like if you are in the food industry, that any new customer couldn't resist.

Set your business plans and goals, and how you'll be able to achieve it. Running a business is only hard in the beginning as you are trying to establish first your business, but as you get used to it, it won't be that hard though.

The consistency of maintaining courage and positivity in your business also matter a lot. You can't expect for a future success if you yourself is not positive on your business.

[Onyeeze]

I expect you to start about the competencies in a potential entrepreneur that he must possess before starting a business, because this goes a long way in determining for how the entire ideas and operations goes with the business we are doing, planning before the start up is very important, so that we cant afford to later stop along the way when we couldn't move on the operations at the middle of the way because of some minor challenges.

what is important before establishing a business is the environmental surveyor where the business will take place that is most important thing that any business person have to consider first, before establishing any business but currently people do not consider such before they establish a business and that is why that businesses of people who does not go for a market surveyor or environmental surveyor before establishing a business do face a challenges, but when you consider the environment first and they also consider your budget you cannot have a challenge for your business that you have to establish

[SUPERSAIAN]

To do business, the first thing you need is to become known and trusted by people. The quality of the product you choose to start your business with must be good, and you must treat people well.

Quality is already subjective nowadays due to the introvert of cheap items from China. It’s hard to compete with products even if you have quality if there’s an alternative that cost much cheaper and perform the same even on a short period of time.

I preferred business on services such as laundry shops and so on which people use it as necessity without competition against China cheaper products.

China is no longer just a country that produces at low cost, it's a serious power investing heavily in technology and quality. In the past, Chinese products were often perceived as cheap but low-quality, and this perception was widespread for many years. China has reached a new level in production, and I can say it has even broken that perception. Therefore, in short, not competing with them is the best course of action.

[Josefjix]

Yes, in the present time, there are many companies that can provide you with machines. However, they may set certain conditions, which might reduce your profit margin slightly. Even then, you can still establish your business and build your company. If you don’t want to do business this way, another option is to start a business by pooling small amounts of money with a few friends and growing together.

You can't actually strive by pooling small amount of money, I don't believe in small amount of money, I strongly believed in capital that afford everything the business needs, plus the amount my friends gonna bring also. And I hope you should know that doing business with friends as well as family should be strictly built on logic and not emotions, I hope you know that.

Using emotions to start and run a business is the worst strategy an entrepreneur will do, business aren't meant to be developed through emotions but by logic and strict handling, I won't do business with friends except there is an order that had govern each of us according to our capital and means of earnings. Law and order must be placed.

[fadhilz123]

Skills are the foundation of success in both career and business. Investing in yourself is the most reliable. The more knowledge and skills you have, the higher the chances of finding your dream job or launching your own project. The money will come by itself when you are ready to manage it. The path to freedom begins with learning and practice. I acquire good skills by using darkbot.io

If you have skills using darkbot.io, it means your skills aren't pure skills like many others have in business and careers. Using a platform to help yourself is usually due to current limitations, requiring the platform's assistance to work and succeed. If the platform can no longer support you, your skills may also fade if you continue to rely entirely on it, ignoring others or developing yourself into other sectors. Skills are certainly necessary, but many people spend more money on acquiring skills, so initial capital to acquire skills is also essential for most novices.

[justdimin]

OP i must say you do not sound like someone who has actually started a business, at least not successfully. You talking about machines and all, what exactly were you trying to say there, lol. There is so much competition out there if you are intending to start a novel manufacturing brand and to even think of doing so, you'll need to have huge capital, or else you'd be wasting your time and the little money you have.

That said, people like fairytales, but you have to be brutally honest with yourself when it comes to stuff like this. I actually believe that if you have a skill that people really need, then you have a huge chance of success in business through offering that skill. Or you can grow a retail business.

I agree, there are way too many people who have great dreams of having a big business, but most of them never built a business at all. I know people who do just simple accounting and still got richer than these people, and I am talking about a small tiny one person office who makes more money.

Because these people work for others and just dream of having a business of their own, whereas those actually realize what people need and go do that. Don't dream of big things, be realistic and fix an issue and get rich that way.

[Akbarkoe]

Skills are the foundation of success in both career and business. Investing in yourself is the most reliable. The more knowledge and skills you have, the higher the chances of finding your dream job or launching your own project. The money will come by itself when you are ready to manage it. The path to freedom begins with learning and practice. I acquire good skills by using darkbot.io

If you have skills using darkbot.io, it means your skills aren't pure skills like many others have in business and careers. Using a platform to help yourself is usually due to current limitations, requiring the platform's assistance to work and succeed. If the platform can no longer support you, your skills may also fade if you continue to rely entirely on it, ignoring others or developing yourself into other sectors. Skills are certainly necessary, but many people spend more money on acquiring skills, so initial capital to acquire skills is also essential for most novices.

Don't mind that to run a business, while with what you are using now whether it is skills, tools, other people's labor whether it is friends or others as long as it can provide benefits why not use it, don't bother too much about it because business people usually talk about objective things, entrepreneurs want to work together because of the interests of mutual benefit, while still having the potential for profit should be pursued.

Skills can be obtained from anywhere, in today's world is very open information, do not think too much about capital, step first with the skills that you and or skills that you can train quickly but can make money with it.

[Adams0001]

I can't disagree with that, because I also believe that a person should only get into a business that they like and have always wanted to start, because you will have the most knowledge about things that you like and have a passion about, and for a business to work for you, you have to understand every single thing about it and know how it should be done.

If you start a business only because you feel that it's a trending business but you know nothing about it, I don't think it's going to work for you because to run a business successfully, you need to know everything about it, how to attract customers, what products would sell more, and everything else.

You need to understand business before you can be successful in it, nothing comes easy business need understanding and experience so that you can get profit in it because if you didn't understand the business you're trying to do you will always find it hard to be successful in it and nothing can work out for you if you didn't get any knowledge about the business. I no some people that run a business without knowing what exactly they are doing since people are selling the product they will like to seel too since they other members are getting something in it they will do and get something too.

 And business need a better location and know which type of products people around there consume most and know what they don't like in that environment, because you won't be selling and think you're not getting any profit and start thinking you can't be successful in any business. We need plan in anything we're doing so that everything can work out for you and your business will be moving smoothly.

[Callido]

snip

You don't need too much, but getting the little may look very ambiguous. To be successful in a business, be skilled in what you want to do, understand what risks to take and which to avoid, be open to business amendment and adjustment, you must not get everything right at a time, mistakes happen, and it shouldn't be repeated for another time.

There are various reasons why a business will fail, with only a few reasons why a business will keep progressing over other competitors, some habits need to be stopped, some learnt and some adjusted for the benefits.

[Fortify]

To do business, the first thing you need is to become known and trusted by people. The quality of the product you choose to start your business with must be good, and you must treat people well. So, you may ask yourself—what business should I do? First, focus on developing your skills. You’ll see that opportunities will start coming to you. Look around your local area and identify products that are in short supply but have high demand. Once you find that gap, you’ll realize that going from zero to hero won’t take much time.
We all think about becoming successful and growing big. But if you truly want to grow, you must produce goods according to consumers’needs. Now the question is—do you need machines to produce products? And if so, who will provide those machines?

Yes, in the present time, there are many companies that can provide you with machines. However, they may set certain conditions, which might reduce your profit margin slightly. Even then, you can still establish your business and build your company. If you don’t want to do business this way, another option is to start a business by pooling small amounts of money with a few friends and growing together.

It feels like you don't necessarily know a whole lot about actually running a business and just read a guide on it. No, becoming "known" is not the first step to a business - you have to put all the logistics and facilities in place. Whether that is making a product or offering a service, you have to understand the costs involved, then properly assess that there is a profit to be made. Some companies operate on a 3% margin or lower. Being known doesn't make you profitable and if you are not profitable you will fail.

[SamReomo]

Yes, in the present time, there are many companies that can provide you with machines. However, they may set certain conditions, which might reduce your profit margin slightly. Even then, you can still establish your business and build your company.

Aside from giving only generic information, can you tell us that what kind of business have you created or you own? If those words are just words and no action was taken by you OP then how could those words will make others to build a business. I think it's 10x to 100x better to show people that what you've done and then give such businesses ideas to others.

It's hard to get any companies interested in your offer if you don't already have a good product or your bank balance is low. Most of the companies will not even look at applications of those who don't show a solid proof product or don't have enough budget to invest in the product. It's easy to say those words but it's hard to do such things practically. So in theory it works!

[barisbilgili]

Skills are the foundation of success in both career and business. Investing in yourself is the most reliable. The more knowledge and skills you have, the higher the chances of finding your dream job or launching your own project. The money will come by itself when you are ready to manage it. The path to freedom begins with learning and practice. I acquire good skills by using darkbot.io

If you have skills using darkbot.io, it means your skills aren't pure skills like many others have in business and careers. Using a platform to help yourself is usually due to current limitations, requiring the platform's assistance to work and succeed. If the platform can no longer support you, your skills may also fade if you continue to rely entirely on it, ignoring others or developing yourself into other sectors. Skills are certainly necessary, but many people spend more money on acquiring skills, so initial capital to acquire skills is also essential for most novices.

Don't mind that to run a business, while with what you are using now whether it is skills, tools, other people's labor whether it is friends or others as long as it can provide benefits why not use it, don't bother too much about it because business people usually talk about objective things, entrepreneurs want to work together because of the interests of mutual benefit, while still having the potential for profit should be pursued.

Skills can be obtained from anywhere, in today's world is very open information, do not think too much about capital, step first with the skills that you and or skills that you can train quickly but can make money with it.

I think so too, but we also shouldn't rely too much on anything. In fact, I believe that if we want our business to succeed and keep growing, we must be able to fully master everything in the business we run ourselves.
Skills are something that are difficult to master; that must be acknowledged. In fact, we will be good at things we enjoy, so it's better to explore our own abilities first before starting a business, and the rest can be learned further.