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Can i start a business with $1000? where can i invest it?


I'm a college student 21yrs old and i would like to stop reliyng on my parents too much and also help them. Also paying college is getting harder.

All i have is $1000 and i wanted to know how and where can i Invest these money to double it and then start making profit.

I first thought ebay but then i didn't know what to sell or how to get stuff cheaper to sell it in ebay.

All help and advice will be well appreciatted.

Ebay is very competitive and to make matters worse, you have people that have no business sense trying to undercut you all the time. I sold electronics on ebay for a while, but for all the effort i put in, it wasnt really worth it for me. For a 300 dollar item sold, i made about 15 dollars profit after ebay fees, paypal fees and all that. I started with 3000 dollars and was grossing about 9,000 per month in sales...of that 9,000 maybe 500 was profit. I once did the math and figured for all my time i was putting into it, i was making about 7 dollars per hour so i didnt do that for very long.

Not to sound mean, but you sound more like someone who has an employee mindset and not a business owner mindset. You want someone to tell you what to do and how to do it. A business owner has to be able to figure things out on there own and tell others what needs to be done. (Dont worry its not your fault, you are trained to think that way by the education system.) I suggest you take 10 dollars of that money and buy the book Rich Dad/Poor Dad before you do anything.

After you read it, you will either say 1 of 2 things. You will either say "Now what?" Which means you still have your employee mindset.

Or you will say. "Ah ok. I see." and you will go out there and start making money.

Hi friend.Investing in stock market is really a good idea we can good Return arfter investing.But we cannot predicate the futures in stock.So please gather the details before starting to inveast in any stock.If you are first time investor it would be better if you go to the broker office....

sure!!!!

You can try investing in stocks. I'd check out Jim Cramer's Mad Money on CNBC and read his books. He make investing interesting and attempts to educate new and young investors.

As far as starting a more conventional business, you need to come up with a good idea for something that is not already being done but has a demand. Anything that is proven will probably require much more than $1,000 in startup costs.

with a $1000 you can start your very own ebay store. very low cost start-up, work form home from the internet. good luck/

You need at least $2,000.00

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