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Low Cost Startup for Newbie

 
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TerryLBaker

posts: 13

Mar 08, 2011 1:23 PM ET    Quote  Report Abuse
Points: 1   Vote

Do what you know and what you love.  Find your passion and invest in it!

digital signage solutions

francisaboyd

posts: 17

Apr 04, 2011 6:18 PM ET    Quote  Report Abuse
Points: 0   Vote

Talk to people in your neighborhood to get an idea of what they would be most likely to use/buy/support.  Also, decide if you're going to need a pos system or if you're going to use a secure payments system like PayPal.  Best of luck to you!

CeceMHill

posts: 33

Apr 20, 2011 11:48 AM ET    Quote  Report Abuse
Points: 0   Vote

I know someone that started a hot dog/smokies stand outside of a major retailer and is making over $100,000 a year just selling hot dogs. I can't think of a cheaper operation to setup and there is no fancy know-how involved. I thought it was brilliant in it's simplicity. Another person I know sells association management software and he doesn't even earn that much.



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Nothing makes you feel of look better than body wraps.
Christensen

posts: 1

Apr 20, 2011 6:13 PM ET    Quote  Report Abuse
Points: 0   Vote

Fantastic ideas everyone!

aapkae

posts: 32

May 09, 2011 11:11 AM ET    Quote  Report Abuse
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Hello TyroPrate!  Welcome to the board!  The pool of talent and knowledge is invaluable.  I learn so much every day!



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Web design | Free Mobile Games
DanePymble

posts: 10

May 18, 2011 7:00 AM ET    Quote  Report Abuse
Points: 0   Vote

Hi TyroPrate!

I echo the comments of many of the posters around setting up a business that taps into your passion and knowledge. Everyone has something they have a special interest in and the knowledge you have developed in those areas is of value.

One fairly cheap way to set up a business is to establish a blog. Think of a topic you are really interested in and have a degree of knowledge on.

Two things I suggest you look in to is SiteBuildit!. It takes you through a step by step guide on how to set up and run a content rich website in which you can generate income from recommending products and services in your niche.

You should also read Rosalind Gardiner's Super Affiliate Handbook.

Good luck with your new venture and if there are any specific areas you would like information on I can point you in the right direction for products/services/books that will help you in setting up and running your business.



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www.smallbusinesswizardry.com
CeceMHill

posts: 33

May 18, 2011 6:47 PM ET    Quote  Report Abuse
Points: 0   Vote

"So my question is this: What type of business would you recommend starting for about $1,000 to $2,000? I live in a small-ish Midwest college town. Any help would be great."


I would suggest affiliate marketing. You don't need a lot of money to get started in it and your knowledge of retail and what people are looking to buy would prove invaluable. You can start up your own website inexpensively and go from there.

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video platform



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Nothing makes you feel of look better than body wraps.
jguzman

posts: 12

May 26, 2011 8:04 PM ET    Quote  Report Abuse
Points: 0   Vote

Hello,

Why not start up an online business where you can learn how to set it up step by step with help from someone who is currently successful. You can also grab a free eBook that will show you how!

Best Wishes

Jes

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