Starting a business.

[Frazinjer01]

Hey guys, I’m starting up a investment business where I charge customers daily of $11 and I send them more back daily.

I’m trying to find how I can get this profitable?

 

[JVRZ]

More back?
What does that mean?
What are you offering to the customers?
Do you mean they give you 11 bucks and you give them more money back?

You invest their money for them and increase their money from them?

 

[Frazinjer01]

More back?
What does that mean?
What are you offering to the customers?
Do you mean they give you 11 bucks and you give them more money back?

Yes I give customers more money back everyday if they invest in my business, I just offer more money and how can I get this profitable?

 

[JVRZ]

Yes I give customers more money back if they invest in my business, I just offer more money and how can I get this profitable?

We are going to need a lot more information.

So they invest in your business but you don't know how to be profitable?
Or investing in crypto, stocks, P2p lending,...??

 

[Frazinjer01]

We are going to need a lot more information.

So they invest in your business but you don't know how to be profitable?
Or investing in crypto, stocks, P2p lending,...??

I specifically mean, I am opening up a new business where my customers will be charge $11 everyday and I send them more back everyday that’s how it all works, they just invest in my business to get more back how can I get this profitable?

 

[NirvanaWolf]

This sounds like a ponzi scheme to me.

 

[SEOzack]

Lol.

So you plan to start a business where you give people back more than they put in...and you have no idea how to do it?

Let me give you some advice, dude.

Business 101.

You're in it to make money for yourself.

What you should offer the customer is value, or something they need.

 

[Zarre]

Hahaha don't take me wrong but it looks like a ponzi scheme.

 

[Frazinjer01]

Hahaha don't take me wrong but it looks like a ponzi scheme.

What is a Ponzi Scheme by the way, I am new to English?

 

[AngelSeo]

This is seriously by far the most naive (to put it mildly) thread I have ever seen here.
Why $11? Get $100? $1999? Once you get enough money run for it - thats the only way to make it profitable., for you at least.

 

[chipsie1102]

Sounds like the start of some very bad pyramid scheme type of thing.
So every new customer gives you $11 dollars DAILY, at the same time you promise to give them more than $11 dollars daily as well.
Unless you're planning to sign up a big group of people on day one and then run off with their money, or pay them with counterfeit money, I don't see how this can be profitable at all.

 

[Frazinjer01]

Sounds like the start of some very bad pyramid scheme type of thing.
So every new customer gives you $11 dollars DAILY, at the same time you promise to give them more than $11 dollars daily as well.
Unless you're planning to sign up a big group of people on day one and then run off with their money, or pay them with counterfeit money, I don't see how this can be profitable at all.

Just think of an idea, think like a genius on how I can get this profitable?

 

[JVRZ]

Why would they only give you 11 bucks a day if you can magically multiple their money?


No but for real, why would you ever start off with this business model when you have no clue what you are doing. Ponzi schemes and other legal action taken against you is something you don't want to get into. Search this forum to actually make money using a viable and proven method....

 

[JVRZ]

Just think of an idea, think like a genius on how I can get this profitable?

OOOh.... I see so you want us to spoonfeed you a way to make your impossible business model work.

 

[Frazinjer01]

OOOh.... I see so you want us to spoonfeed you a way to make your impossible business model work.

Yes

 

[chipsie1102]

Yes

If BHW worked like this I would've come here years ago

 

[Zarre]

What is a Ponzi Scheme by the way, I am new to English?

Just google it. You can easily find a definition on wikipedia.

 

[SunnyLeon]

Shouldn't you have the business model ready before opening up the business? You need to know what you do with those 11 to make 12 out of them so you can send your clients 12 everyday..

 

[yesofcourse]

You can make it profitable as long as you keep getting new customers.

It's called Ponzi scheme and it's illegal lol

 

[JVRZ]

Shouldn't you have the business model ready before opening up the business? You need to know what you do with those 11 to make 12 out of them so you can send your clients 12 everyday..

Are you dumb? That is not how business works.
Step 1) Let your clients pay you money and promise giving them more back
Step 2) Panick because you don't know how to keep up your promises
Step 3) Ask online forum for help
Step 4) Figure out that it is not going to work and keep the money
Step 5) Profit!
Step 6) Lose all the profit and more on lawyers
Step 7) Loss
Step 8) Go back to the forum and repeat