Posts: 14
Threads: 0
Joined: Dec 2012
Reputation:
1
With a 100k in cash, what kind of business to start?
12-11-2012, 07:05 PM
Say I have roughly 100k in cash, could be double or triple that if I got some friends involved, but I would really appreciate any input as to what kind of business can be started with that amount of capital. Keep in mind it would not be something I could dedicate ALL of my time to, as I have a dayjob. Online businesses are of special interest as I could work on them at my dayjob as well. Thanks in advance for any genuine advice guys!
A little about my background if it helps:
- In my mid 20s with a degree in finance
- Live in the New York area
- Passionate about music, travel, learning languages[/font][/font][/font]
To show my appreciation, please enjoy the pic from the Miss BumBum Brasil contest 2012
Posts: 976
Threads: 0
Joined: Aug 2011
Reputation:
25
With a 100k in cash, what kind of business to start?
12-11-2012, 07:35 PM
Hydroponics, PET recycling.
With God's help, I'll conquer this terrible affliction.
By way of deception, thou shalt game women.
Diaboli virtus in lumbar est -The Devil's virtue is in his loins.
Posts: 1,041
Threads: 0
Joined: May 2011
With a 100k in cash, what kind of business to start?
12-11-2012, 07:42 PM
Real Estate
-Commercial: - multi family. buy and collect rent.
or buy, rehab, rent OR buy, rehab, sell
Posts: 775
Threads: 0
Joined: Oct 2012
Reputation:
6
With a 100k in cash, what kind of business to start?
12-11-2012, 07:45 PM
4th from the right is unreal.
Posts: 221
Threads: 0
Joined: Dec 2012
With a 100k in cash, what kind of business to start?
12-11-2012, 07:49 PM
$100,000 worth of lottery tickets.
Posts: 163
Threads: 0
Joined: Nov 2012
Reputation:
1
With a 100k in cash, what kind of business to start?
12-11-2012, 10:00 PM
Mutual funds, stocks, real estate
Posts: 1,019
Threads: 0
Joined: Oct 2011
Reputation:
26
With a 100k in cash, what kind of business to start?
12-11-2012, 10:09 PM
Options Classes and seminars...then invest. Covered calls and naked puts... I would only do this with a certain portion and use the rest for International Trade, while opening a couple brick and mortar places for presence, but the bulk of sales would be done online.
"All My Bitches love me....I love all my bitches,
but its like soon as I cum... I come to my senses."
Posts: 14,309
Threads: 0
Joined: Mar 2010
Reputation:
287
With a 100k in cash, what kind of business to start?
12-11-2012, 10:32 PM
Give it to me, and I'll tell you what to do with it afterwards.
Contributor at Return of Kings. I got banned from twatter, which is run by little bitches and weaklings. You can
follow me on Gab.
Be sure to check out the easiest mining program around, FreedomXMR.
Posts: 180
Threads: 0
Joined: Oct 2011
With a 100k in cash, what kind of business to start?
12-11-2012, 10:40 PM
Nice first post but if you're actually looking for anything useful with this thread, you're not gonna get it. The answers you're looking for starts with the right question and this isn't it but I would look to buy an existing site, fix it up and increase that site's income.
Posts: 1,690
Threads: 0
Joined: Nov 2010
Reputation:
34
With a 100k in cash, what kind of business to start?
12-12-2012, 02:54 AM
Internet Marketing. Take 4,000 dollars of the 100,000 and dedicate a year to learning about IM and find a profitable area that you do well. You should have a profitable model by the end of the year, and you can use some of the 96k left to scale it up.
Posts: 283
Threads: 0
Joined: Nov 2012
With a 100k in cash, what kind of business to start?
12-12-2012, 04:08 AM
^ Enjoy your polluted, one-party, dictatorship. China sucks. Horrible advice.
OP, google "buy a business" and check out businesses for sale. You can easily achieve 50%+ returns by buying an online business, bar, restaurant etc. Run it, build it up, then sell it for even more money.
Posts: 471
Threads: 0
Joined: Dec 2012
Reputation:
24
With a 100k in cash, what kind of business to start?
12-12-2012, 06:30 AM
As another poster alluded to, I think from the get go you have the wrong mindset (Asking the wrong question). I'm not trying to be mean, but what I hear is "doo-da-doo, I have a hundred grand, lets go shopping for businesses. Hmm a restaurant. That might be fun" Typically anyone who made it big didn't go in with that mindset, more they were passionate about something, worked 20 hour days, literally poured their heart and soul into it. Sam Walton took on as much debt as they would give him to expand Wal-Mart and had millions in debt until the company went public. He had his passion and put everything he could get his hands on into it. You seem to be putting the cart before the horse.
From your current mindset and 100k burning a hole in your pocket, I wouldn't recommend any business, because anything you could do part time on a small scale basis doesn't need 100k. You could get started in something small for 5% of that. You're looking for ideas on an internet forum, so presumably once you mine the great idea here, then you need to learn all about whatever muse strikes you as a winner. I'm curious about what sort of people you know who would invest 100k in "well 3 weeks ago I found this great idea on the net, and since then I bet I've read 50 hours about it". The other issue is that any idea you get here will be a stale idea. Loads of other people already doing it, already established, and whom can give more to it than just on a part time basis.
Honestly what I would recommend is get involved in investing. I'm sitting on a few times that, and that's why I do. Basically I leave the money making to people who know more about it that me, and with not-so-risky, proven ideas. Yes the research, reading number crunching and all that still makes it an interesting hobby. Plus if you get busy and have solid companies, you can generally leave it alone for months at a time without the world falling apart. I still work, but long term goal would be to have the passive income that I don't need to.
Posts: 49
Threads: 0
Joined: Nov 2012
Reputation:
0
With a 100k in cash, what kind of business to start?
12-12-2012, 08:10 AM
Not sure if OP is trolling with this post, but he's definitely trolling you guys with that pic. I'm 99.9% sure those are dudes.
Posts: 5,822
Threads: 0
Joined: Oct 2011
Reputation:
72
With a 100k in cash, what kind of business to start?
12-12-2012, 09:44 AM
Wait. you have a degree in finance yet are asking a bunch of random pussy chasers on the internet what to do with $100k? I'd say give it to samseau or take $50k to learn and make mistakes investing and $50k to buy in as a partner in a couple of seed/small/startup businesses to learn entrepreneurship. You may lose it all but by the time you hit 30, if you don't get married or have kids, you will be able to tell all of us what to do with $100k.
Why do the heathen rage and the people imagine a vain thing? Psalm 2:1 KJV
Posts: 1,832
Threads: 0
Joined: Sep 2013
Reputation:
35
With a 100k in cash, what kind of business to start?
12-12-2012, 09:46 AM
Invest invest invest. Go for swing trading with an idea of 10-25% return per year. OR take much larger risks and go for option trading or day trading...where if you succeed you can double that in less than a year easily.
"...it's the quiet cool...it's for someone who's been through the struggle and come out on the other side smelling like money and pussy."
"put her in the taxi, put her number in the trash can"
Posts: 618
Threads: 0
Joined: Apr 2012
Reputation:
42
With a 100k in cash, what kind of business to start?
12-12-2012, 11:28 AM
Rocket - I sent you a PM. Check it out!
Posts: 297
Threads: 0
Joined: Jul 2012
Reputation:
2
With a 100k in cash, what kind of business to start?
12-12-2012, 11:37 AM
Quote: (12-12-2012 09:46 AM)presidentcarter Wrote:
Invest invest invest. Go for swing trading with an idea of 10-25% return per year.
I won't adivce swing trading since it's going to be so risky, even when you have a solid experience in finance.
I'll say that he should invest in municipal or state bonds (better if denominated in dollars).
He can easily find a net 5% return, without having to worry about the market trends.
If he want more he can buy Greek or Portogouise bonds they give high return and I'm sure that the UE will not let these countries fall.
Her pussy tastes like Pepsi Cola...
Posts: 118
Threads: 0
Joined: Dec 2012
Reputation:
1
With a 100k in cash, what kind of business to start?
12-12-2012, 06:15 PM
@WestCoast might be able to provide more advice on this. From memory he's on the 'street
Posts: 5,822
Threads: 0
Joined: Oct 2011
Reputation:
72
With a 100k in cash, what kind of business to start?
12-12-2012, 06:22 PM
Quote: (12-12-2012 11:30 AM)nmmoooreland20 Wrote:
Quote: (12-12-2012 09:44 AM)wiscanada Wrote:
Wait. you have a degree in finance yet are asking a bunch of random pussy chasers on the internet what to do with $100k? I'd say give it to samseau or take $50k to learn and make mistakes investing and $50k to buy in as a partner in a couple of seed/small/startup businesses to learn entrepreneurship. You may lose it all but by the time you hit 30, if you don't get married or have kids, you will be able to tell all of us what to do with $100k.
Problem with finance classes, at least for me, is that they stress the theory, which basically espouses the efficient market hypothesis, CAPM, etc that as we all know aren't too applicable to the real world. It created a huge mental block for me believing I could out trade hedge funda and prop traders who are way more knowledgeable.
I would almost say a finance degree is a hindrance.
Damn that college education! College does stress research over action though. Imagine if the whole degree was "start a fake million dollar portfolio, report back on your earnings in 4 years, you get a grade based on your returns" Students would be experts in investing, accounting, tax fraud, and auditing.
Why do the heathen rage and the people imagine a vain thing? Psalm 2:1 KJV