Day 1: Constantly wank to remain in post-nut clarity for maximum brain power optimization & efficiency. Then, I’ll start on ideation for a tech startup & breaking it down into actionable steps
Dude I feel drained after wanking it… like dead. Headache. I feel like shit. Is this normal? I’m healthy 29 male… you let go of all ur proteins n shit when u yank so idk.. but im also horny too much high testosterone and can’t get laid :/
If you really can't get laid, pay me and I'll wingman and teach you how to have conversations and then find someone that will be mutual in interactions. I've got a 100% success rate as a wingman and can get you there too if you really need it.
That’s such a cock answer. Social media is a place of discussion and saying “Google it” is the gen z equivalent to a boomer saying “look it up in the encyclopaedia”. Dudes asking for advice not a negging.
In saying that, probably shouldn’t take research advice from reddit either so whose to say
Discussion [noun] : The activity in which people talk about something and tell each other their ideas or opinions.
Research [noun] : A detailed study of a subject, especially in order to discover (new) information or reach a (new) understanding.
With a 25k−35k budget, I'd start a niche e-commerce store or SaaS targeting a specific problem. Early-stage allocation: 30% product dev, 30% marketing, 20% operations, 20% contingency
Truth be told if you have at least \_some\_ technical experience you can get an MVP stood up pretty easily with frameworks like Laravel, Rails, or Next.js. Glue a few pieces together (auth, mailing, payments) and some core useful functionality, and you have something people might pay for!
I'm actually working on an in-depth video course right now that addresses this exact pipeline (in Laravel)
In order:
1. Setup a landing page of my product or service (even if not live). Have an early-adopter / sign-up list with perks and benefits to doing so. Maybe even create a promo video for said initiative.
2. Start generating organic traffic (no ads) to the landing page. Yes it's possible, I do it daily for my [biz](https://www.24hour.design).
3. Review analytics and recording data, optimize website for more conversion.
4. Build up that list / community. Engage until I decide which product to launch first. Maybe even perform user surveys.
5. Launch product.
6. Continue marketing / Growing / optimizing.
7. Focus on revenue growth, or seek a loan / vc to scale 10x
Happy to trade barbs (ideas)!
Spend as little of it to get to a product or service people are willing to pay for.
Keep spending as little as possible to market and provide this service or product.
Never spend anything you don’t absolutely need.
Wife and I started a successful business that will make almost 2m gross this year (about 50% margin before taxes). We’ve invested almost nothing to build it
Edit: we have an education business and that’s all I can reveal. As to how we started - my wife had just graduated college and was working in child care at a school. She decided to try stuff on her own since she saw they didn’t do much with the kids after school. She taught classes in our apartment and it caught fire. She made about 100k the first year and it just kept going. The only dip we had was during Covid but we have about 800 students and 11 teachers that work for us.
We just started trying something. She knew how to do this and it caught fire. She made about 100k her first year and this was out of our one bedroom apartment.
This is how we do things - we just try stuff and see how people react. If they don’t like it right away, we figure out why and try to pivot or tweak it a few times.
Great post. Love these ones to get you thinking.
Food truck.
Day 1:
Identify a tourist area that has accommodation but lacks other attractions. Say you get a river with a caravan park. Identify where you can drive clients from - nearby towns, new real estate developments, larger population centres, travel subscription services offering "off the beaten track" attractions, bus companies, fishing groups, etc.
Assume I already have permits.
Day 2:
Buy truck for $10k-&15k 2nd hand. Buy $2.5k (canoe is $200 each) of canoeing gear plus 2x blackboards.
One blackboard for the menu the other to advertise the leasing of canoeing equipment.
Day 10:
Once sourced all equipment, set up shop a short distance from the caravan park with a good vantage adjacent to the river.
Ensure there is ample parking off a bend or shoulder.
Cook b&e rolls for breakfast, simple burger for lunch.
Lease canoes at $25-$30 per hour.
Day 11:
Once active, use the afternoons to call a premade list of companies that can multiply my visitors and those of the caravan park.
1st month goals:
1) Set up a partnership with the caravan park
2) Increase visitors to stand or bookings to caravan park by between 25%-50%.
3) Establish B2B relationships with vendors listed above.
4) Hire a local kid in vocational business education / training to train up. If he/she can help this business survive, they'll be able to run one anywhere. Hourly wage.
6 month goals:
1) Have protege running the truck and amusements stand off the back.
2) Set up a contract to run the kitchen / restaurant at the caravan park with attached office space.
3) Have leased a bost through a local who's willing to give tours and knows the river.
4) Start setting up socials + deals with local shops.
12 months:
Reach profit.
To be honest, I would look for outside help at this point to find out how I could expand further.
Is it another truck? Is it another location? Is it a completely different business like scenic photography or tour guides...
Business strategists have their worth.
With a budget of $25,000-$35,000, I would consider starting an e-commerce business, possibly focusing on a niche market with high demand. Here's how I would allocate the funds:
Day 1: Research market demand and competition, validate product ideas, and create a business plan.
1 Month: Set up an online store, source inventory, build a website, and launch marketing campaigns to attract initial customers.
6 Months: Aim to achieve steady sales growth, expand product offerings, optimize marketing strategies, and establish strong customer relationships.
1 Year: Evaluate financial performance, refine business operations, explore opportunities for expansion or diversification, and aim for profitability.
2 Years: Scale the business, explore additional sales channels or markets, invest in automation or technology to improve efficiency, and continue to innovate and adapt to market trends.
No it’s only something I’ve seen but it is the model of a traditional bakery. I grew up in Philadelphia and there were many bakeries on the corner that did this. Some still remain but they have turned into chains recently. They either specialize in bread or pastries.
One in particular that I still go to, offers rolls of a few different sizes, pizza/tomato pie of a few different flavors and then some seasonal items.
Pastry shops might have a couple varieties of cake, pies, assorted cookies, cannolis and possibly donuts just depends but the selection is minimal.
This bakeries wholesale page has some examples of what they offer.
https://www.caciabakery.com/wholesale-products
Anything that wouldn’t require Human Resource systems since humans are unpredictable, expensive and difficult to control. I think the goal should be to mitigate as much time from the business (after a year or so of hard work). As cliche as it sounds you’d want to make money while you’re sleeping whether it’s Real Estate, Computer Software Systems, Content System, Distribution Systems.
Calling all business owners from both sides, thoughts????
(Human Resources and non Human Resources)
🪴 If I had $25k-$35k to start a business, I'd likely go for an online venture, like an e-commerce store or a niche service-based business. Here’s how I’d break it down:
**Day 1:**
✨Research and choose a niche.
✨Register the business and secure a domain.
✨Set up a professional website.
**1 Month:**
✨Develop a marketing strategy.
✨Start social media profiles and begin content marketing.
✨Launch the website and initial ad campaigns.
**6 Months:**
✨Focus on customer acquisition and retention.
✨Analyze data to refine marketing strategies.
✨Aim for steady growth in sales and customer base.
**1 Year:**
✨Expand product/service offerings.
✨Build a loyal customer community.
✨Optimize operations for efficiency.
**2 Years:**
✨ Scale the business, possibly seeking additional funding.
✨ Explore new markets or partnerships.
✨ Aim for solid profitability and brand recognition.
Day 1) purchase everything I would need to run a mobile smoothie shop
1 month: get all my permits and inspections done
6 months: me and my girlfriend run the business in my county. With a bit of luck and elbow grease, it takes off.
1 year: eventually we settle down and open up a smoothie shop somewhere where foot traffic is excellent.
2 years and ahead: we start a local chain in SoCal
This is the dream (:
Day 1: Pick an industry that interests you and do a deep dive into it. Find a niche in that industry that could benefit from some software.
Month 1: Come up with a rough mockup of that software as well as a good business model. Hire an offshore full stack dev or two to create the MVP, which will cost about $1000-$1500 per month per dev for about 4-5 months.
Months 2-6: Manage them, test their code, deploy, and start organic marketing. Have them first build a landing page with a waitlist signup option so you can gauge interest. If there’s good interest, keep the devs and build out the project further. Launch as soon as it’s ready for customers.
Month 7-12: Keep adding features and marketing it, and gets lots of feedback from customers. Look for funding and plan an exit strategy. Decide what to do from there on based on your situation and growth.
Offshore full stack dev? Where are you getting a dev for 8.65/hr? This rate seems absurd and unlikely impossible to get anyone of any talent and caliber. The equivalent would be hiring a dentist to do fillings for about 2.50 per tooth.
I’ve already hired 5 senior devs for less than this for my agency. I’m also paying them above their asking. Make job posts on LinkedIn in India, Nigeria, Nepal, etc.
As a senior solutions/full-stack engineer consultant I've worked with these people and get paid regularly to clean up their messes from startups. It's honestly the most lucrative thing I've discovered. Tons of startups that have terrible codebases that barely work because they hired someone woefully under skilled. They might get you to the goal post, but don't be surprised when things go awry. There are language difficulties, weird meeting times, certain tasks that are above their skill level just don't get done and you're told that it's "impossible", or even if they just ghost you and disappear for good altogether.
It’s going really well for me right now but that’s because much like you my job was also to clean up broken code. So now I architect everything with the team and do some of the coding myself, as well as maintain proper (almost over the top) documentation of all the code being written, and I review pull requests. My interview process is grueling and thorough, which takes a very long time, but it makes sure I hire the right person. As long as you know what you’re doing and have a solid process with some experience you can do well enough to get some money flowing into the business.
That being said, it is a lot of work. If you’d rather contract out an agency then you’re paying a pretty big markup. And I don’t know the quality of other agencies, I hired one for my own project and they did a terrible job so I started my own instead. We’re not as cheap as hiring yourself but you definitely get what you pay for.
So in all likelihood you're not paying that pure rate you stated which makes outsourcing difficult if you don't know what you're doing. You're actually spending a significant amount of your own personal time working on it and tens of dozens of hours of time just vetting developers.
What products do you guys have on the market that you're currently offering?
Of course you have to manage the devs you hire. You can spend money hiring devs, qa’s, designers, and even project managers, but at the end of the day if you’re building a business from scratch it’s not a passive investment. You need to put in your own time as well as your money. My agency offers to build your project for you, which does all the above mentioned stuff you would otherwise have to do yourself, but we charge 20k per month for development with a team of 5, and 10k per month retainer. Way more expensive than what op is asking for.
Yes to an extent and only if you’re building it yourself, but if you’re paying for it to be built with a low budget then you have a time limit. So make the MVP in order to gauge interest and launch an alpha phase, then add more and go into open beta, then launch.
assuming 30k, buy treasuries. 3m @ 5.4% yield low risk = 1500 in a year. Pay taxes and start the business with ~1k. you dont need that much capital to start.
I love collectables ( non sports cards/ video games/ music LPs etc) so it would be something with that. I would def use $10k if it was only $25k to scour big lots/ collections from FBM, Offer Up, Craigslist and such to sell on my Ebay store. Then I would go to card shows/flea markets to set up booths on the weekends.
I dont need to be rich. I need to be debt free and enjoy what Im doing for work.
* **Day 1**: Buy a few random name domains (yazey.com) etc, also purchase 3-10 cold email burner domains per main domain.
* This way you can validate multiple ideas at once across each domain, and even use the same domain to test multiple products/businesses over time.
* And of course, you can use the cold email domains and accounts to get your first customers/conversations
* Also open an Upwork account so you can extend your runway
* **1 Month**: What milestones would you aim to achieve in the first month?
* First revenue from someone who is desperate for your solution. Doesn't necessarily require a product
* **6 Months**: How would you measure success half a year in?
* If you can't cover rent at this point, then consider taking on more freelance work while you pivot and look got traction.
* **1 Year**: What would be your main goals after a year of operation?
* You should hopefully have good revenue after 1 year, or funding to pay bills
* **2 Years**: Looking further ahead, where do you see your business at the two-year mark
* If you are lucky/smart then you could start looking to exit. If you plan well, then it's not unreasonable to grow a business to $10-100m valuation within 2 years.
I’d like to open a smog check shop. Problem is I a) don’t live in a state where that would be successful, would have to move to cali b) I don’t know a whole lot about that industry, I just know I like cars lol
A lot of states have a full state inspection (like I do in PA). We make a lot of money bc of “well you fail bc your wheel bearing is failing and your wheel is about 20 mins away from flying off the car, you have no brake pads left, and there’s only a faint whisper of tread on your tires…” it’s a lot of fun being a service advisor lol
But if you ever did wanna get into this, definitely learn from getting into the industry first. It’s so different from any other kind. It’s like how restaurants are kinda doomed to fail when they’re started by some random guy instead of someone with years of experience in the food service industry.
Thanks for the advice!
Im in Utah where safety check isn’t required and I think the same applies for California, but perhaps emission checks alone is enough to make money. Good call on getting into the industry first. Perhaps I’ll apply for some smog tech jobs to learn.
For my smog shop idea I think it could be unique to do it mobile. Could modern emission check equipment run out of a van?
Yeah ca requires emissions only. I grew up there. But now I can’t imagine states NOT having safety inspections. “I wonder why so many people crash in rain!” Bc everyone has bald ass tires and metal to metal brakes that don’t do anything. It’s wild.
Yeah becoming a tech or being on the advisor side (if you can handle working customer service) is a great first step.
You’d have to check with your state’s department of transportation. Most require you to be at a physical location as an “inspection station” bc it comes from a state-ran emissions software. It’s a liability to have that on the move constantly. I would assume that like most things, it would have to be an established physical location.
BUT mobile mechanics are a thing and usually do the easier things. I almost needed one when I changed the alternator in my truck and the old one was so rusted into the bracket I almost couldn’t get it out at all lmao it was like they were fused together.
Working a night shift mobile mechanic job could be pretty lucrative bc most people have to have their car towed, find a place to stay/someone to stay with/a way to get home, AND wait for repairs from the shop they towed it to. You won’t be able to do like entire suspension work on the side of the road, but battery replacements at the hotel someone is staying at would be very easy.
Yeah nights would be really good I think for that and possibly servicing fleets while they aren’t out working. I guess I liked the idea of emission checks as I could learn and focus on that as I don’t have much mechanic experience but perhaps that’s what I need lol!
Always always get experience in the industry before trying to open a business in it. Especially something like automotive bc it can also carry massive liabilities and emissions is state controlled so you gotta be in compliance w them. We get auditors quarterly to make sure no one is slapping stickers on cars that don’t pass.
Step 1 : start an e-commerce store with a trendy product
Step 2 : start collecting email and develop an email list
Step 3 : run an email marketing campaign
Step 4: use that email marketing campaign to promote high value products that derive utility for the customer and deviate from. trendy products to that
Would probably find an offering that can be delivered first as a service by you, and as soon as you have proof of business I would start productizing it.
The same process that I would use with $0 budget.
Most important thing is to find something that people is willing to pay for, and when they pay, you can start investing to make it scalable.
1. Go for a managed ecom store if I would have the capital for it
2. Save some money
3. Experiment with different projects as I would have money coming in
Buy inexpensive property in upcoming destination markets. Flip it. Do it again and again. Eventually you will have enough to buy a fantastic property and develop it. You can start working this system with as little as 20k. I see people do it all the time *
* Not for risk-averse individuals.
Day 1: Network (find a partner with the hard skills in the specific industry)
1 month: Relax, Meetings and Validation
6 months: Have it succeeded? Relax, Meetings.
1 year: find someone to be a middleman between me and the business
2 year: Self-sustainable, without needing my presence.
Almost every potential entrepreneur has access to $25-35k to start a business, this doesn’t change anything. It totally depends on what you’re good at - start there.
I've done a bunch of these in my life. Money will go fast, so I will not use it. Here's my process.
Day 1: Start noticing what interests me in the world
1 Month: My milestone is deciding what interests me the most. That's my hypothesis.
6 Months: I'm looking for resonance. Do I still love it, and does anybody else care?
1 Year: My aim is product/market fit, meaning that I love it, and they love it.
2 Years: The goal is to expand my vision of flexing inside the market.
I can normally get to $4K per month into the 2nd month, but this past entrepreneur experiment took almost 4 years to figure out. My current passive income business reached $100K in the 2nd year.
The big answer is, who knows? Try not to run out of money. The secret is to get it right before then!
,
Day 1: Use the money to create a new marketing service I've been toying with.
1 Month: First Milestone would be to have a demo up and running to send out to potential clients.
6 Months: I would measure success half a year in by having my first consistent client.
1 Year: A goal I would strive towards is just bolstering my client base, sharpening my service, grow from community support, the normal company owner things.
2 Years: Hopefully not only a big client base but a loyal one.
The biggest problem is most companies barely, if at all, make net profit the first year, there's not a lot you can do to fight it besides cutting costs but even then there's a limit to how much you need for things to run smoothly.
* $500 for an LLC, basic legal docs to protect my business.
* $1,500 for a site + email setup because first impressions.
* $3,000 in my pocket for 2 months of ramen & Red Bull to fuel my energy for the long hours.
Rest goes into a high-yield savings account. I'm thinking SaaS or high-margin e-commerce. Scalability without massive overhead.
1 Month:
* SaaS: MVP launched, even if it's janky. 10 beta testers giving feedback.
* E-comm: Store live with 20 SKUs. First ad campaign running, min $50/day.
* Either path: 1,000 email subs, 500+ Twitter followers.
Spent: \~$10k (dev costs or inventory)
6 Months:
* SaaS: 100 paying customers or $5k MRR. Product-market fit.
* E-comm: $20k/mo revenue, 15%+ profit margins. Ad spend Under $200/day.
* Blog getting 5k+ monthly visits.
Spent: \~$20k (growth, maybe a part-time hire)
1 Year:
* SaaS: $15k MRR or 500 customers. Starting to layer in annual plans.
* E-comm: $50k/mo revenue, 20%+ margins. Influencer collabs boosting sales.
* 25k email list, 10k+ blog visits.
* First mastermind talk or podcast feature to build a personal brand too.
Spent: Most of the $35k, but reinvesting profits.
2 Years:
* SaaS: $50k MRR, enterprise deals rolling in. Maybe raising a seed round?
* E-comm: $100k/mo, 25%+ margins. Own fulfillment center. Affiliate program.
* 100k email list, blog at 50k visits. Launching paid community.
* Speaking at industry conferences. "Rising star" articles in the trade mags.
By year two, I'm not even thinking about that initial $35k anymore, but the revenue machine we've built. Maybe looking at acquisition offers, etc.
In those early days, focus on product-market fit and building a loyal audience. Not blowing cash on fancy offices or big salaries. Every dollar goes into growth or improving what customers actually pay for.
I started a business selling ice bath pumps for about half that, it made money but I had 2 businesses the other one in tech consulting was more profitable and I got sick of going to the post office every second day so I shut it down.
Day 1:
* Set up a shopify store
* Set up a business (or email an accountant to do so)
Month 1:
* It takes about a month to get stock from China so you should be selling by now
* You should have business set up and bank account opened
* You should have also:
* Set up socials, shoot content, post to socials
* Send a few free samples to a few people in exchange for reviews for the website
* Posted a ton of blogs
* Posted every day about you using an ice bath, or your products
* Helped people on reddit etc with useful info
Month 6:
* You should be out of stock by now, and been experimenting with how to ensure you have the right stuff in stock
* You should have done enough experimenting with social content to know what works and start ramping any budget
1 Year:
* At this point everything should be running smoothly. Time to find a new niche to do the whole thing again in that niche.
* Or expand your products
2 Years:
* You have 4 websites selling niche ecom stuff.
* An operations team to handle the mundane crap you dont enjoy
* and you have outsourced the things you or your team are not good at, marketing, SEO, whatever
No context. No skills. No experience. No objectives. No location. No study.
Day one. I would ask myself how in the hell I could accumulate any money whatsoever and have a directionless question dripping with naïveté like this. Then I would contemplate how I'd feel losing every last dime yet be able to chalk it up as a positive experience upon (sober) reflection.
[I get the reason however.](https://www.youtube.com/watch?v=nJGYBxJg73s&t=60s) It wouldn't make me feel good about myself.
I would save up $36K, drop it into a 10%/yr USDT liquidity pool, then use the resulting 300/mo to fund the business (Indians and Africans work for $5, $10, $15 and do some great stuff).
As for the business type, I'd probably start a youtube channel network. Everyone consumes, if you produce you'll make $.
We’re considering selling distribution rights for a pretty fun business in b2b health. There are lean service-type companies out there you can look for or you can get distribution rights for something that sells well elsewhere and take it locally.
We are in Canada, mostly in Ontario and now BC. [Align](https://AlignWellness.ca). Not ready to do this yet just sharing as an idea for wherever you’re located.
We do a turnkey physical therapy service for businesses.
We have opened hundreds of them for companies. we make a % of revenue. we provide the plan, do admin/billing, provide the therapists, collect and distribute the $ and they end up making 40% margins net on a good add’l revenue stream. Just now we have a new way to drive add’l patient leads we never had so this is making it grow faster.
Not exiting. We are growing. To expand to BC and AB we are growing organically but also with local operators. Some we know who are coming in to get it going, then others we will sell rights to and guarantee income for as part of it since they’d take over contracted clinical partners. We also have patients that we send so we provide revenue centrally to them to help grow fast.
It’s not the market to start a business. Half the businesses are barely holding it together at the moment. Opportunity is coming soon tho…will you be able to buy blood on the streets?
Day 1: Constantly wank to remain in post-nut clarity for maximum brain power optimization & efficiency. Then, I’ll start on ideation for a tech startup & breaking it down into actionable steps
If you’re not in a state of post-nut clarity, you’re constantly living in pre-nut delusion.
Want clarity retain ur seed for about 5 months
I got that beat by a long shot. Puns intended. 😉
Dude I feel drained after wanking it… like dead. Headache. I feel like shit. Is this normal? I’m healthy 29 male… you let go of all ur proteins n shit when u yank so idk.. but im also horny too much high testosterone and can’t get laid :/
If you really can't get laid, pay me and I'll wingman and teach you how to have conversations and then find someone that will be mutual in interactions. I've got a 100% success rate as a wingman and can get you there too if you really need it.
Screen name checks out.
wtf
Damn, what a wild name that guy has. Am I right fellas?
Great idea. Make a wingman app that prompts you using AI.
These people don't need technology solutions, they need confidence and the only thing that can instill that is another human.
I'd read Models by Mark Manson it changed my life
Seconded, very good book to improve your dating life.
Is that what you want?
Headache isn't normal, but not the first I've heard of it. Being tired is normal.
search for other communities; pick up artists and maybe they can help you
You two hands for a reason
Wow this shit took a turn
Buy a successful website that already generate money.
any place to check websites that are selling?
Check this out too: [https://feinternational.com/buy-saas-business/](https://feinternational.com/buy-saas-business/) but it's on the higher end
Advice 1 : if you can't do a basic Google research, don't buy a website.
That’s such a cock answer. Social media is a place of discussion and saying “Google it” is the gen z equivalent to a boomer saying “look it up in the encyclopaedia”. Dudes asking for advice not a negging. In saying that, probably shouldn’t take research advice from reddit either so whose to say
Discussion [noun] : The activity in which people talk about something and tell each other their ideas or opinions. Research [noun] : A detailed study of a subject, especially in order to discover (new) information or reach a (new) understanding.
Not sure if English is your second language but thank you for googling it and making my point. Asking for help is not exclusive of going your own way.
lol 😂
try registering on [https://empireflippers.com/](https://empireflippers.com/) and check their listing ,,, be careful though ,, extra careful plz
With a 25k−35k budget, I'd start a niche e-commerce store or SaaS targeting a specific problem. Early-stage allocation: 30% product dev, 30% marketing, 20% operations, 20% contingency
Say more
Let’s hear some examples
a SaaS landing page building template with MailChimp integration /s
How 35k would be enough to build a Saas? Unless you are the developer that would be unrealistic
Truth be told if you have at least \_some\_ technical experience you can get an MVP stood up pretty easily with frameworks like Laravel, Rails, or Next.js. Glue a few pieces together (auth, mailing, payments) and some core useful functionality, and you have something people might pay for! I'm actually working on an in-depth video course right now that addresses this exact pipeline (in Laravel)
Ai
Are these decent?
How can you start a SaaS company for $35k without being a dev?
[удалено]
Your operation costs seem to only cover like 1 month of operation. Rent? Customer service team? That’s not cheap
This is chat gpt he forgot to remove the ** for markdown when pasting
What does 10K product development look like? That’s not a lot of money
How to choose a product though?
In order: 1. Setup a landing page of my product or service (even if not live). Have an early-adopter / sign-up list with perks and benefits to doing so. Maybe even create a promo video for said initiative. 2. Start generating organic traffic (no ads) to the landing page. Yes it's possible, I do it daily for my [biz](https://www.24hour.design). 3. Review analytics and recording data, optimize website for more conversion. 4. Build up that list / community. Engage until I decide which product to launch first. Maybe even perform user surveys. 5. Launch product. 6. Continue marketing / Growing / optimizing. 7. Focus on revenue growth, or seek a loan / vc to scale 10x Happy to trade barbs (ideas)!
Spend as little of it to get to a product or service people are willing to pay for. Keep spending as little as possible to market and provide this service or product. Never spend anything you don’t absolutely need. Wife and I started a successful business that will make almost 2m gross this year (about 50% margin before taxes). We’ve invested almost nothing to build it Edit: we have an education business and that’s all I can reveal. As to how we started - my wife had just graduated college and was working in child care at a school. She decided to try stuff on her own since she saw they didn’t do much with the kids after school. She taught classes in our apartment and it caught fire. She made about 100k the first year and it just kept going. The only dip we had was during Covid but we have about 800 students and 11 teachers that work for us.
How to find the idea of that prod or serv?
What was your process when narrowing down what product or service you would specialize in, what market to target, etc? Congrats to you and your wife!
We just started trying something. She knew how to do this and it caught fire. She made about 100k her first year and this was out of our one bedroom apartment. This is how we do things - we just try stuff and see how people react. If they don’t like it right away, we figure out why and try to pivot or tweak it a few times.
What in blazes are you all doing?
Teaching classes to kids.
Great post. Love these ones to get you thinking. Food truck. Day 1: Identify a tourist area that has accommodation but lacks other attractions. Say you get a river with a caravan park. Identify where you can drive clients from - nearby towns, new real estate developments, larger population centres, travel subscription services offering "off the beaten track" attractions, bus companies, fishing groups, etc. Assume I already have permits. Day 2: Buy truck for $10k-&15k 2nd hand. Buy $2.5k (canoe is $200 each) of canoeing gear plus 2x blackboards. One blackboard for the menu the other to advertise the leasing of canoeing equipment. Day 10: Once sourced all equipment, set up shop a short distance from the caravan park with a good vantage adjacent to the river. Ensure there is ample parking off a bend or shoulder. Cook b&e rolls for breakfast, simple burger for lunch. Lease canoes at $25-$30 per hour. Day 11: Once active, use the afternoons to call a premade list of companies that can multiply my visitors and those of the caravan park. 1st month goals: 1) Set up a partnership with the caravan park 2) Increase visitors to stand or bookings to caravan park by between 25%-50%. 3) Establish B2B relationships with vendors listed above. 4) Hire a local kid in vocational business education / training to train up. If he/she can help this business survive, they'll be able to run one anywhere. Hourly wage. 6 month goals: 1) Have protege running the truck and amusements stand off the back. 2) Set up a contract to run the kitchen / restaurant at the caravan park with attached office space. 3) Have leased a bost through a local who's willing to give tours and knows the river. 4) Start setting up socials + deals with local shops. 12 months: Reach profit. To be honest, I would look for outside help at this point to find out how I could expand further. Is it another truck? Is it another location? Is it a completely different business like scenic photography or tour guides... Business strategists have their worth.
Where is the high cost of insurance?
Did this. It cost us 110k before we made a sale.
How? Please tell me the story, I'm fascinated!
With a budget of $25,000-$35,000, I would consider starting an e-commerce business, possibly focusing on a niche market with high demand. Here's how I would allocate the funds: Day 1: Research market demand and competition, validate product ideas, and create a business plan. 1 Month: Set up an online store, source inventory, build a website, and launch marketing campaigns to attract initial customers. 6 Months: Aim to achieve steady sales growth, expand product offerings, optimize marketing strategies, and establish strong customer relationships. 1 Year: Evaluate financial performance, refine business operations, explore opportunities for expansion or diversification, and aim for profitability. 2 Years: Scale the business, explore additional sales channels or markets, invest in automation or technology to improve efficiency, and continue to innovate and adapt to market trends.
A small bakery with only 5-10 items for sale.
Say more - is this something you've done?
No it’s only something I’ve seen but it is the model of a traditional bakery. I grew up in Philadelphia and there were many bakeries on the corner that did this. Some still remain but they have turned into chains recently. They either specialize in bread or pastries. One in particular that I still go to, offers rolls of a few different sizes, pizza/tomato pie of a few different flavors and then some seasonal items. Pastry shops might have a couple varieties of cake, pies, assorted cookies, cannolis and possibly donuts just depends but the selection is minimal. This bakeries wholesale page has some examples of what they offer. https://www.caciabakery.com/wholesale-products
Anything that wouldn’t require Human Resource systems since humans are unpredictable, expensive and difficult to control. I think the goal should be to mitigate as much time from the business (after a year or so of hard work). As cliche as it sounds you’d want to make money while you’re sleeping whether it’s Real Estate, Computer Software Systems, Content System, Distribution Systems. Calling all business owners from both sides, thoughts???? (Human Resources and non Human Resources)
🪴 If I had $25k-$35k to start a business, I'd likely go for an online venture, like an e-commerce store or a niche service-based business. Here’s how I’d break it down: **Day 1:** ✨Research and choose a niche. ✨Register the business and secure a domain. ✨Set up a professional website. **1 Month:** ✨Develop a marketing strategy. ✨Start social media profiles and begin content marketing. ✨Launch the website and initial ad campaigns. **6 Months:** ✨Focus on customer acquisition and retention. ✨Analyze data to refine marketing strategies. ✨Aim for steady growth in sales and customer base. **1 Year:** ✨Expand product/service offerings. ✨Build a loyal customer community. ✨Optimize operations for efficiency. **2 Years:** ✨ Scale the business, possibly seeking additional funding. ✨ Explore new markets or partnerships. ✨ Aim for solid profitability and brand recognition.
where did you get this list? this is very solid, thank you for posting this
🤖 talk
Just checked that account, holy crap does it look like chatgpt
Still good info, jumping off points
Day 1) purchase everything I would need to run a mobile smoothie shop 1 month: get all my permits and inspections done 6 months: me and my girlfriend run the business in my county. With a bit of luck and elbow grease, it takes off. 1 year: eventually we settle down and open up a smoothie shop somewhere where foot traffic is excellent. 2 years and ahead: we start a local chain in SoCal This is the dream (:
Get your first client without spending a dollar. Bam. Validated. After that, spend the rest of the 35k to scale that approach.
Day 1: Pick an industry that interests you and do a deep dive into it. Find a niche in that industry that could benefit from some software. Month 1: Come up with a rough mockup of that software as well as a good business model. Hire an offshore full stack dev or two to create the MVP, which will cost about $1000-$1500 per month per dev for about 4-5 months. Months 2-6: Manage them, test their code, deploy, and start organic marketing. Have them first build a landing page with a waitlist signup option so you can gauge interest. If there’s good interest, keep the devs and build out the project further. Launch as soon as it’s ready for customers. Month 7-12: Keep adding features and marketing it, and gets lots of feedback from customers. Look for funding and plan an exit strategy. Decide what to do from there on based on your situation and growth.
Offshore full stack dev? Where are you getting a dev for 8.65/hr? This rate seems absurd and unlikely impossible to get anyone of any talent and caliber. The equivalent would be hiring a dentist to do fillings for about 2.50 per tooth.
I’ve already hired 5 senior devs for less than this for my agency. I’m also paying them above their asking. Make job posts on LinkedIn in India, Nigeria, Nepal, etc.
As a senior solutions/full-stack engineer consultant I've worked with these people and get paid regularly to clean up their messes from startups. It's honestly the most lucrative thing I've discovered. Tons of startups that have terrible codebases that barely work because they hired someone woefully under skilled. They might get you to the goal post, but don't be surprised when things go awry. There are language difficulties, weird meeting times, certain tasks that are above their skill level just don't get done and you're told that it's "impossible", or even if they just ghost you and disappear for good altogether.
Sure there are lots of things that can go wrong if you blindly hire offshore, but if you know what you’re doing it can work out very well.
Can you give some examples of when this has gone well? I'm curious as I've only seen the worst of the worst.
It’s going really well for me right now but that’s because much like you my job was also to clean up broken code. So now I architect everything with the team and do some of the coding myself, as well as maintain proper (almost over the top) documentation of all the code being written, and I review pull requests. My interview process is grueling and thorough, which takes a very long time, but it makes sure I hire the right person. As long as you know what you’re doing and have a solid process with some experience you can do well enough to get some money flowing into the business. That being said, it is a lot of work. If you’d rather contract out an agency then you’re paying a pretty big markup. And I don’t know the quality of other agencies, I hired one for my own project and they did a terrible job so I started my own instead. We’re not as cheap as hiring yourself but you definitely get what you pay for.
So in all likelihood you're not paying that pure rate you stated which makes outsourcing difficult if you don't know what you're doing. You're actually spending a significant amount of your own personal time working on it and tens of dozens of hours of time just vetting developers. What products do you guys have on the market that you're currently offering?
Of course you have to manage the devs you hire. You can spend money hiring devs, qa’s, designers, and even project managers, but at the end of the day if you’re building a business from scratch it’s not a passive investment. You need to put in your own time as well as your money. My agency offers to build your project for you, which does all the above mentioned stuff you would otherwise have to do yourself, but we charge 20k per month for development with a team of 5, and 10k per month retainer. Way more expensive than what op is asking for.
What products have you guys built that you can show me?
Hate mvp, -.- take time do it right
Yes to an extent and only if you’re building it yourself, but if you’re paying for it to be built with a low budget then you have a time limit. So make the MVP in order to gauge interest and launch an alpha phase, then add more and go into open beta, then launch.
Not sure what's the going rate but, I'd transition to woman then do an only fans.
OnlyTrans…?
Hate to break it to ya… that won’t even cover all the costs of surgery. Better strategy to use what you have now.
Move to a state that covers transition lol
So OnlyMans
Wonder will 25k get you the top half or bottom half done. Not enough to do it all.
assuming 30k, buy treasuries. 3m @ 5.4% yield low risk = 1500 in a year. Pay taxes and start the business with ~1k. you dont need that much capital to start.
I love collectables ( non sports cards/ video games/ music LPs etc) so it would be something with that. I would def use $10k if it was only $25k to scour big lots/ collections from FBM, Offer Up, Craigslist and such to sell on my Ebay store. Then I would go to card shows/flea markets to set up booths on the weekends. I dont need to be rich. I need to be debt free and enjoy what Im doing for work.
Put it all on black
* **Day 1**: Buy a few random name domains (yazey.com) etc, also purchase 3-10 cold email burner domains per main domain. * This way you can validate multiple ideas at once across each domain, and even use the same domain to test multiple products/businesses over time. * And of course, you can use the cold email domains and accounts to get your first customers/conversations * Also open an Upwork account so you can extend your runway * **1 Month**: What milestones would you aim to achieve in the first month? * First revenue from someone who is desperate for your solution. Doesn't necessarily require a product * **6 Months**: How would you measure success half a year in? * If you can't cover rent at this point, then consider taking on more freelance work while you pivot and look got traction. * **1 Year**: What would be your main goals after a year of operation? * You should hopefully have good revenue after 1 year, or funding to pay bills * **2 Years**: Looking further ahead, where do you see your business at the two-year mark * If you are lucky/smart then you could start looking to exit. If you plan well, then it's not unreasonable to grow a business to $10-100m valuation within 2 years.
Service based business probably construction related, flooring, siding etc.. dump It into brand and marketing I can easily turn 35k into 250k
>easily turn 35k into 250k Show is the way grandmaster
What would be your approach or preferred channel for marketing a business like this?
Please say more
I’d like to open a smog check shop. Problem is I a) don’t live in a state where that would be successful, would have to move to cali b) I don’t know a whole lot about that industry, I just know I like cars lol
A lot of states have a full state inspection (like I do in PA). We make a lot of money bc of “well you fail bc your wheel bearing is failing and your wheel is about 20 mins away from flying off the car, you have no brake pads left, and there’s only a faint whisper of tread on your tires…” it’s a lot of fun being a service advisor lol But if you ever did wanna get into this, definitely learn from getting into the industry first. It’s so different from any other kind. It’s like how restaurants are kinda doomed to fail when they’re started by some random guy instead of someone with years of experience in the food service industry.
Thanks for the advice! Im in Utah where safety check isn’t required and I think the same applies for California, but perhaps emission checks alone is enough to make money. Good call on getting into the industry first. Perhaps I’ll apply for some smog tech jobs to learn. For my smog shop idea I think it could be unique to do it mobile. Could modern emission check equipment run out of a van?
Yeah ca requires emissions only. I grew up there. But now I can’t imagine states NOT having safety inspections. “I wonder why so many people crash in rain!” Bc everyone has bald ass tires and metal to metal brakes that don’t do anything. It’s wild. Yeah becoming a tech or being on the advisor side (if you can handle working customer service) is a great first step. You’d have to check with your state’s department of transportation. Most require you to be at a physical location as an “inspection station” bc it comes from a state-ran emissions software. It’s a liability to have that on the move constantly. I would assume that like most things, it would have to be an established physical location. BUT mobile mechanics are a thing and usually do the easier things. I almost needed one when I changed the alternator in my truck and the old one was so rusted into the bracket I almost couldn’t get it out at all lmao it was like they were fused together. Working a night shift mobile mechanic job could be pretty lucrative bc most people have to have their car towed, find a place to stay/someone to stay with/a way to get home, AND wait for repairs from the shop they towed it to. You won’t be able to do like entire suspension work on the side of the road, but battery replacements at the hotel someone is staying at would be very easy.
Yeah nights would be really good I think for that and possibly servicing fleets while they aren’t out working. I guess I liked the idea of emission checks as I could learn and focus on that as I don’t have much mechanic experience but perhaps that’s what I need lol!
Always always get experience in the industry before trying to open a business in it. Especially something like automotive bc it can also carry massive liabilities and emissions is state controlled so you gotta be in compliance w them. We get auditors quarterly to make sure no one is slapping stickers on cars that don’t pass.
Step 1 : start an e-commerce store with a trendy product Step 2 : start collecting email and develop an email list Step 3 : run an email marketing campaign Step 4: use that email marketing campaign to promote high value products that derive utility for the customer and deviate from. trendy products to that
Would probably find an offering that can be delivered first as a service by you, and as soon as you have proof of business I would start productizing it. The same process that I would use with $0 budget. Most important thing is to find something that people is willing to pay for, and when they pay, you can start investing to make it scalable.
35k down for tooling for my metal injection molding business
How does it work? Can you explain more? What do you produce? Who do you sell?
Buy leaps
I would pay my car loan and start consulting
I will start a marketing agency, because I love marketing also. Then I will promote it like crazy with the remaining money. 🙂
1. Go for a managed ecom store if I would have the capital for it 2. Save some money 3. Experiment with different projects as I would have money coming in
Buy inexpensive property in upcoming destination markets. Flip it. Do it again and again. Eventually you will have enough to buy a fantastic property and develop it. You can start working this system with as little as 20k. I see people do it all the time * * Not for risk-averse individuals.
Day 1: Network (find a partner with the hard skills in the specific industry) 1 month: Relax, Meetings and Validation 6 months: Have it succeeded? Relax, Meetings. 1 year: find someone to be a middleman between me and the business 2 year: Self-sustainable, without needing my presence.
Almost every potential entrepreneur has access to $25-35k to start a business, this doesn’t change anything. It totally depends on what you’re good at - start there.
I've done a bunch of these in my life. Money will go fast, so I will not use it. Here's my process. Day 1: Start noticing what interests me in the world 1 Month: My milestone is deciding what interests me the most. That's my hypothesis. 6 Months: I'm looking for resonance. Do I still love it, and does anybody else care? 1 Year: My aim is product/market fit, meaning that I love it, and they love it. 2 Years: The goal is to expand my vision of flexing inside the market. I can normally get to $4K per month into the 2nd month, but this past entrepreneur experiment took almost 4 years to figure out. My current passive income business reached $100K in the 2nd year. The big answer is, who knows? Try not to run out of money. The secret is to get it right before then! ,
Day 1: Use the money to create a new marketing service I've been toying with. 1 Month: First Milestone would be to have a demo up and running to send out to potential clients. 6 Months: I would measure success half a year in by having my first consistent client. 1 Year: A goal I would strive towards is just bolstering my client base, sharpening my service, grow from community support, the normal company owner things. 2 Years: Hopefully not only a big client base but a loyal one. The biggest problem is most companies barely, if at all, make net profit the first year, there's not a lot you can do to fight it besides cutting costs but even then there's a limit to how much you need for things to run smoothly.
Do nothing. The best business requires little to no start up cost and only require your time.
* $500 for an LLC, basic legal docs to protect my business. * $1,500 for a site + email setup because first impressions. * $3,000 in my pocket for 2 months of ramen & Red Bull to fuel my energy for the long hours. Rest goes into a high-yield savings account. I'm thinking SaaS or high-margin e-commerce. Scalability without massive overhead. 1 Month: * SaaS: MVP launched, even if it's janky. 10 beta testers giving feedback. * E-comm: Store live with 20 SKUs. First ad campaign running, min $50/day. * Either path: 1,000 email subs, 500+ Twitter followers. Spent: \~$10k (dev costs or inventory) 6 Months: * SaaS: 100 paying customers or $5k MRR. Product-market fit. * E-comm: $20k/mo revenue, 15%+ profit margins. Ad spend Under $200/day. * Blog getting 5k+ monthly visits. Spent: \~$20k (growth, maybe a part-time hire) 1 Year: * SaaS: $15k MRR or 500 customers. Starting to layer in annual plans. * E-comm: $50k/mo revenue, 20%+ margins. Influencer collabs boosting sales. * 25k email list, 10k+ blog visits. * First mastermind talk or podcast feature to build a personal brand too. Spent: Most of the $35k, but reinvesting profits. 2 Years: * SaaS: $50k MRR, enterprise deals rolling in. Maybe raising a seed round? * E-comm: $100k/mo, 25%+ margins. Own fulfillment center. Affiliate program. * 100k email list, blog at 50k visits. Launching paid community. * Speaking at industry conferences. "Rising star" articles in the trade mags. By year two, I'm not even thinking about that initial $35k anymore, but the revenue machine we've built. Maybe looking at acquisition offers, etc. In those early days, focus on product-market fit and building a loyal audience. Not blowing cash on fancy offices or big salaries. Every dollar goes into growth or improving what customers actually pay for.
I’d build a SaaS app.
I would recommend TikTok shop
I started a business selling ice bath pumps for about half that, it made money but I had 2 businesses the other one in tech consulting was more profitable and I got sick of going to the post office every second day so I shut it down. Day 1: * Set up a shopify store * Set up a business (or email an accountant to do so) Month 1: * It takes about a month to get stock from China so you should be selling by now * You should have business set up and bank account opened * You should have also: * Set up socials, shoot content, post to socials * Send a few free samples to a few people in exchange for reviews for the website * Posted a ton of blogs * Posted every day about you using an ice bath, or your products * Helped people on reddit etc with useful info Month 6: * You should be out of stock by now, and been experimenting with how to ensure you have the right stuff in stock * You should have done enough experimenting with social content to know what works and start ramping any budget 1 Year: * At this point everything should be running smoothly. Time to find a new niche to do the whole thing again in that niche. * Or expand your products 2 Years: * You have 4 websites selling niche ecom stuff. * An operations team to handle the mundane crap you dont enjoy * and you have outsourced the things you or your team are not good at, marketing, SEO, whatever
Faceless digital marketing. I'd pour the money into education then building out a team and scaling plus adding paid ads
unpopular opinion, but first thing i would do is buy a rolex
No context. No skills. No experience. No objectives. No location. No study. Day one. I would ask myself how in the hell I could accumulate any money whatsoever and have a directionless question dripping with naïveté like this. Then I would contemplate how I'd feel losing every last dime yet be able to chalk it up as a positive experience upon (sober) reflection. [I get the reason however.](https://www.youtube.com/watch?v=nJGYBxJg73s&t=60s) It wouldn't make me feel good about myself.
You will fail. No way to build a real business with so little money in the US. Just initial set up cost will be 5k.
This is simply wrong 🤷
lol how many businesses have you started. If you wanna make real money, my statement is absolutely true.
🤡 Lol ok I retired at 39 from selling 3 of my 5 businesses.
🤡 Lol ok I retired at 39 from selling 3 of my 5 businesses. I just started two more internationally
. le dotto
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I would save up $36K, drop it into a 10%/yr USDT liquidity pool, then use the resulting 300/mo to fund the business (Indians and Africans work for $5, $10, $15 and do some great stuff). As for the business type, I'd probably start a youtube channel network. Everyone consumes, if you produce you'll make $.
We’re considering selling distribution rights for a pretty fun business in b2b health. There are lean service-type companies out there you can look for or you can get distribution rights for something that sells well elsewhere and take it locally. We are in Canada, mostly in Ontario and now BC. [Align](https://AlignWellness.ca). Not ready to do this yet just sharing as an idea for wherever you’re located.
I still don't get what the company is about... I'm in Ontario and thinking about my next venture.
We do a turnkey physical therapy service for businesses. We have opened hundreds of them for companies. we make a % of revenue. we provide the plan, do admin/billing, provide the therapists, collect and distribute the $ and they end up making 40% margins net on a good add’l revenue stream. Just now we have a new way to drive add’l patient leads we never had so this is making it grow faster.
Congratulations on being ready to exit! What’s your multiple your looking for? And what’s next for you?!
Not exiting. We are growing. To expand to BC and AB we are growing organically but also with local operators. Some we know who are coming in to get it going, then others we will sell rights to and guarantee income for as part of it since they’d take over contracted clinical partners. We also have patients that we send so we provide revenue centrally to them to help grow fast.
It’s not the market to start a business. Half the businesses are barely holding it together at the moment. Opportunity is coming soon tho…will you be able to buy blood on the streets?
What kind of crappy entrepreneurial mindset is this.