marcmarcmarc
Registered Member
- Feb 25, 2010
- 62
- 9
I'll be brief.
I do direct sales with a product I create for about $.20/unit. I resell it at a huge mark-up - between $5 and $15, depending on my mood and if I like the person, and even at the price, they thank me for it, because it's a good product at a cheaper price than other people are selling it for. I've only been doing direct saleshttp://www.youngentrepreneur.com/forum/# for two weeks or so, but I've been researching the market and lining up good suppliers for months.
As it stands, I can make 17,000 units for about $4k. After the dust settles, profits would be anywhere from $55k to $160k.
I've been watching my competitors for some time. Some of them do alright, but none have utilized the internet in the ways that I know how to. I could put together a great looking site that could domiate the search engines and social networking sites. The effect of that would be more orders than I'd know what to do with.
Aside from a website, I hope to do wholesale with select brick and mortar establishments.
The fact that I've done all the homework and researchhttp://www.youngentrepreneur.com/forum/# and am just limited by lack of funds is killing me. I'm a young guy with no credit or anything like that. I'm pretty lost as far as obtaining funds is concerned. I've decided that an angel investor willing to take a chance with a relatively small investment is the only way that this is gonna happen for me.
Anyway, there's my spiel. What do you think? Is there any advice you guys can offer? Would anyone be interested?
Thanks a bunch.
I do direct sales with a product I create for about $.20/unit. I resell it at a huge mark-up - between $5 and $15, depending on my mood and if I like the person, and even at the price, they thank me for it, because it's a good product at a cheaper price than other people are selling it for. I've only been doing direct saleshttp://www.youngentrepreneur.com/forum/# for two weeks or so, but I've been researching the market and lining up good suppliers for months.
As it stands, I can make 17,000 units for about $4k. After the dust settles, profits would be anywhere from $55k to $160k.
I've been watching my competitors for some time. Some of them do alright, but none have utilized the internet in the ways that I know how to. I could put together a great looking site that could domiate the search engines and social networking sites. The effect of that would be more orders than I'd know what to do with.
Aside from a website, I hope to do wholesale with select brick and mortar establishments.
The fact that I've done all the homework and researchhttp://www.youngentrepreneur.com/forum/# and am just limited by lack of funds is killing me. I'm a young guy with no credit or anything like that. I'm pretty lost as far as obtaining funds is concerned. I've decided that an angel investor willing to take a chance with a relatively small investment is the only way that this is gonna happen for me.
Anyway, there's my spiel. What do you think? Is there any advice you guys can offer? Would anyone be interested?
Thanks a bunch.
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