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Bridgetown Botanicals Shop: Bridgetown Botanicals

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Invisiblenice1returns
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Its time I open a new business
    #22504770 - 11/10/15 11:59 AM (8 years, 2 months ago)

Well several years unemployed and pretty much unemployable I decided to go self-employed again.

I've ran several businesses in the past and won an award for Business start-ups so I'm pretty confident I know what I'm doing.

Anyway, I'm gonna sell PCs, Consoles, Games, Toys, DVDs but the company is basically like games exchange buy and sell games and consoles and computers.

I've found a small shop for rent to start in and I have 500 GDP cash to invest.  The rest I can get on loan from family members and credit cards.

I'll be building an online shop too (Ive also built several ecommerce sites in the past).  I believe diversity will be key when opening a new business, not locking myself down into just a few products.  Ive also got connections for wholesale Drones, gadgets and technology so I'll be looking at selling some of these items new as well.

I'm also going to offer PC repair service as thats what one of my previous businesses was doing.  I'm pretty sick of fixing PCs but its another avenue to help ensure success.

Any thoughts ideas?

I'm buzzing my ass off on 2mmc right now BTW so hopefully this idea makes sense when I come down :ducklol:


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Offlineakira_akuma
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Re: Its time I open a new business [Re: nice1returns]
    #22504795 - 11/10/15 12:05 PM (8 years, 2 months ago)

if you've got the money to invest, then why not? sounds like you know what you're doing.


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OfflineTripsurfer
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Re: Its time I open a new business [Re: akira_akuma]
    #22504826 - 11/10/15 12:14 PM (8 years, 2 months ago)

Man starting a business is so much work.

Just thinking about it makes me tired :yawn:

I have a webshop selling sustainable made clothing


--------------------
Ach en wee ben ik de klos, met mijn boog schoot ik een albatros...

A philosopher is a person who knows less and less about more and more, until he knows nothing about everything.



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Invisiblenice1returns
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Re: Its time I open a new business [Re: akira_akuma]
    #22504935 - 11/10/15 12:49 PM (8 years, 2 months ago)

It makes me tired too hehe I've had 4-5 diff companies already one of them was just doing start-ups for other people so yeah I know how tedious it is.  Thing is since noone wants to employ me Ive not got many options left.

Also I squandered my other businesses and the money not realising the true value of them because I found it so easy to make money.  At one point I wudnt even do a job unless I was making 300 a day or so.  Now I'm poor and struggle for food I have learnt how much it means.  I'll probably donate a % to homeless charities because I can relate how much it sucks and how hard it is to get housed in the UK.


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InvisibleBoomer The Great
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Re: Its time I open a new business [Re: nice1returns]
    #22505001 - 11/10/15 01:03 PM (8 years, 2 months ago)

Here is something to think about.  How are you going to compete with places such as GameStop? What is gonna make people come to you instead of them?


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Offlinemy3rdeye
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Re: Its time I open a new business [Re: Boomer The Great]
    #22507421 - 11/10/15 10:32 PM (8 years, 2 months ago)

PC repair will never die, there will always be demand.
My local independent games trade in place is always busy. I am going to buy Nintendo 8 bit there one of these days. Toys can be lucrative if you find your niche. If you are going sell drones consider selling RC stuff. I was chatting with these dudes playing with nice RC cars and I asked how much they were and they were like "5" and I was like "500 wow that's a lot", and they were like "no 5 thousand."
Thats some serious cash. Good luck with the business venture.


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OfflineRanOutOfWeed
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Re: Its time I open a new business [Re: nice1returns]
    #22507465 - 11/10/15 10:53 PM (8 years, 2 months ago)

GL. I'd personally find a business you're passionate about. Are you really passionate about selling video game stuff, or do you really like organic foods or something?

Align your life with your passions and you'll make a fortune.


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OfflineSoulidarity
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Re: Its time I open a new business [Re: nice1returns]
    #22507704 - 11/11/15 12:42 AM (8 years, 2 months ago)

My concern would be the online market, particularly steam. They'll get the product to their clients faster and cheaper then you can match


But, you gotta be in it to win it! Sounds like a bit of a risk but it may pay off.

Research is key. Scope out local businesses, local demographics, affluence, propensity to buy, family size, lots of stuff


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R.I.P. WoodRuss67, Todcasil, TheMerryIguana, The Rompus, Lord Senate.
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Bridgetown Botanicals Shop: Bridgetown Botanicals


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