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I would like to start a business...i can invest 1000000...what should i do? |
I would like to start a business...i can invest 1000000...what should i do? Damnnnnnnn! I wish you were my business partner. It never ceases to amaze me how many people there are out there who have money but don't know what to do with it. Then you have the counter effect of those people out there who have a hundred good ideas floating around in their heads but no financial backing. But...if your hell bent on being a business owner, Good Luck! The general public is composed of @ssholes spattered with a few good eggs. if you had a million dollars, i don't think yahoo answers is your most reliable source of ideas for investing. The best at this point I can think about is that you should at least set aside a part of that amount into high value stocks so that if you suffer losses in whatever you do, the rise in value in those stocks compensate them. Unless you stole the money, you must have done something to earn it. Generally your area of expertise is a good category to invest in. When sensex goes down u invest in good stocks.That is the best way to make money. Give it to me, I will start a business for you. i would not bother investing that amount you will only end up with a franchise just like the other 500 million people world wide you will end up stressed or just broke. Something you love. If it is genuine, email me where you live at anilk222@gmail.com. If you are india, I can surely guide you to a profitable, respectable, high return advertising opportunity. Check this site out .. exactly what you need You can start a franchisee business of a reputed company MINI-STORAGE can I get more details where r u from?what's your qualification?Any-kind of experience(job/business).What is your inner voice tell you.You have to study market.Actually there are more to ask. Better you keep in touch with me |
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My friend, I would advise you not using the internet for that. You will become highly misled by all the offers there. Your best bet would be to: 1. Prepare a business plan (the format for this y... That would depend on where you live and what markets are saturated or not. Your local ESC office or SBTDC show be able to help guide you to under serviced markets... ...Apply for a small business loan with several different banks....unless you can find venture capitalists (who have the $$ to invest in start-ups) ...you need to advertise that you want a business partner to invest in to your idea but the down side is that people will meet you and steal your idea so be careful and good luck. Don't listen to... I am not sure how interested investors will be about your construction business enough to invest. But you can always try (afterall, the worst they can say to you is NO) You may want to go and pi... If you have the entrepreneurial spirit, a phone, organized thought process and the will that you are born billionaire, you can start any service business and expand from their to the businesses tha... Darn, we should all have your problem. You have done well. But then almost no one wants to work for the rest of their lives. Outstanding returns unfortunately correspond with outstanding ris... If you are new to the market,then invest in Mutual Fund ,it is safer though the profit may be lesser then direct stock investment,invest for long term always,in 5 years SBI Magnum Global give a ret... |
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