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In what to invest?

Discussion in 'Offline Marketing' started by deathstorm, Jun 14, 2013.

  1. deathstorm

    deathstorm Newbie

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    I have $1000 and i want to invest in a business. I would prefer to make it a local business because I have a place that I'm not using.
    I also have an idea for a 3D cinema but I think I am going to have problems with copyright.
     
  2. Qai88

    Qai88 Newbie

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    Go to a website called Flippa. There's loads of Turnkey websites there for you to invest $1000 on. But then it would be your job to flip your site for more potential though.
     
  3. VinceC

    VinceC Elite Member

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    That is a nice amount to start off with ecommerce site.
     
  4. deathstorm

    deathstorm Newbie

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    Well i can actually invest about $4000 and I really want to invest in offline business
     
  5. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Last edited: Jun 15, 2013
  6. deathstorm

    deathstorm Newbie

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    But I need to do something with the place I have. It's in the center of the capital. A lot of people go through it everyday.
     
  7. Qai88

    Qai88 Newbie

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    Here's an idea:

    Use $1k to buy a website with an existing business, page views, maybe a client or two with a powerful supplier. Something like dropshipping website but the dropshipper allows you to buy their products in bulk for resale.

    Then use the rest of the money (i.e. $3k) to buy those products, put it up in your shop and sell it there too. So people can buy your product online and offline.
     
  8. deathstorm

    deathstorm Newbie

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    I'm really thankfull to all the replies but I need something different. I have a doner right now and it's having bad sales. I need something better than it. Also the one that gets us to the idea that we will be doing might become a partner if he wants.
     
  9. Qai88

    Qai88 Newbie

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    What's a "doner"?
     
  10. hango

    hango Regular Member

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    Check out bizbuysell.com. They have different business. Also, search for franchises where you don't need a lot of start up capital. Honestly though, an online business might be the best bang for your buck if you aren't tied into local businesses.
     
  11. Reyone

    Reyone Elite Member

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    A 3D cinema. SERIOUSLY?

    Honestly, I see some funny threads here at BHW.

    So you got $1k and you are thinking of opening a 3d Cinema. To compete against Imax I guess ye?

    You mean you have a donner kebab?

    With all honesty, $1k is not a really large investment, but the investment that counts the most is time. I would not think as the $1k as a business opportunity, instead, I would think of my time as a business opportunity and when the time came, if needed I would invest the $1k, but do not plan on anything with $1k because most likely you will go overbudget.

    Anyways, if you want to invest locally and you have a place you do not use, you can do the following:

    - Convert that space into an office and rent it (best thing to do IMO)
    - Convert that space into a massage clinic. Hire a couple of people and get things moving. Massages are always popular and im sure you can come up with a bright idea to compete against the other local services.
    - Hire some teachers and do some classes? languages should go well.

    All in all, I would advice to think from a different point of view than the "ive got $1k". There are many options out there, but ultimately it is only you who will see the best way forward.

    Best of luck tho.
     
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  12. notyourmatey

    notyourmatey Power Member

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    this...
     
  13. AFSTER

    AFSTER Regular Member

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    what ever u do just don the cinema, what about a sandwich shop if none near as people always need food and only need a few fridges etc
     
  14. newklear

    newklear Registered Member

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    3D gaming - I know a guy who started this kind of business 2 years ago in a city with 100k. He started with 3 computers and rented the place from an owner. He now has 3 locations in that city and another 5 in a bigger one (800k).
    If you would need more money than 4k to startup you can rent your place for a few months and after that... you can get money from all kinds of sources: organising Starcraft2 contests or other games, selling 3D equipment for home usage, etc + you would have usual customers (you can offer membership cards).
    If your place is located near a school, the better. The thing you could start with this idea could get you far.
     
  15. lonewolf13

    lonewolf13 Junior Member

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    you can always get into Bitcoin and try that out