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 You have 10k to start a side/home based business... what would you do?
GraniteClimber  [Member]
6/24/2012 10:57:20 AM EST
Looking for some ideas on getting some extra revenue coming in.... been drawing a blank...
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jerrwhy01  [Team Member]
6/24/2012 11:00:14 AM EST
Midget porn. You only have to pay them half as much.
h3smith  [Member]
6/24/2012 11:02:04 AM EST
Well, not knowing what your skills are really makes it hard to give advice.
Angel_King  [Team Member]
6/24/2012 11:02:57 AM EST
Hydroponic weed.

Posted Via AR15.Com Mobile
SoonerBorn  [Team Member]
6/24/2012 11:03:10 AM EST
Follow the Jrock business model and make some sleazy canadian porn out of a trailer.
ElectricSheep556  [Team Member]
6/24/2012 11:03:32 AM EST
Commemorative coins and decorative plates.
ShaneA319  [Team Member]
6/24/2012 11:04:38 AM EST
I wouldn't, 10K isn't enough for most start-ups.
toby1  [Member]
6/24/2012 11:06:47 AM EST
Prostitution - buy it wholesale, sell it at retail. And after you sell it, you get to keep it.
SoonerBorn  [Team Member]
6/24/2012 11:06:56 AM EST

Originally Posted By ShaneA319:
I wouldn't, 10K isn't enough for most start-ups.

He could do lawnwork. It is fairly competitive though.
h3smith  [Member]
6/24/2012 11:08:34 AM EST
Originally Posted By ShaneA319:
I wouldn't, 10K isn't enough for most start-ups.


Depends.

You can start developing mobile Apps with a lot less than that.

If you know what you are doing, you can do quite well.
Choncer  [Member]
6/24/2012 11:29:08 AM EST
Start manufacturing silencers in the garage. (legally)
Quintin  [Team Member]
6/24/2012 11:30:37 AM EST
Street pharmaceuticals (sp).

Posted Via AR15.Com Mobile
Suuko  [Member]
6/24/2012 11:30:43 AM EST
Something recession proof.
offroader1006  [Member]
6/24/2012 11:30:59 AM EST
buy a color scanner, copier and print cash.
birddogz  [Member]
6/24/2012 11:35:21 AM EST
10k not very much money
StretchMaK  [Team Member]
6/24/2012 11:36:39 AM EST
Originally Posted By Angel_King:
Hydroponic weed.

Posted Via AR15.Com Mobile




I was thinking this or a meth lab

itsARanchrifle  [Team Member]
6/24/2012 11:38:07 AM EST
Originally Posted By SoonerBorn:

Originally Posted By ShaneA319:
I wouldn't, 10K isn't enough for most start-ups.

He could do lawnwork. It is fairly competitive though.


This. Zero turn and a weed eater.
GATITO  [Team Member]
6/24/2012 11:40:13 AM EST

Originally Posted By SoonerBorn:
Follow the Jrock business model and make some sleazy greasy canadian porn out of a trailer.

Now it is correct.
msg125  [Team Member]
6/24/2012 11:40:13 AM EST
Originally Posted By GraniteClimber:
Looking for some ideas on getting some extra revenue coming in.... been drawing a blank...
In case you haven't noticed, GD is not the best place for serious answers. I would recommend posting in the B&I section under the General tab for some more realistic answers.

GATITO  [Team Member]
6/24/2012 11:41:12 AM EST

Originally Posted By birddogz:
10k not very much money

It is if you don't even have 1k
w15ly  [Team Member]
6/24/2012 11:41:41 AM EST
Spray tan booth.
Oofda  [Team Member]
6/24/2012 11:45:42 AM EST
"Slip and fall" lawsuits. $10,000 is the standard retainer for a decent lawyer. Hey, I sprained my finger typing this - expect to hear from my attorney!
aplehr  [Member]
6/24/2012 11:46:25 AM EST
It's not exactly a turn-key type business, but when I retire - I'm going to open a leather crafting business. There are only a few people out there who are really good, and they usually have 12-16 week waiting lists. You could build up a very nice inventory for less than $5,000. Lots of people make and sell custom leather goods, 95% of what I see looks very amateurish when compared to the best out there. If you can turn one of your hobbies into a business, win/win.
DigDug  [Life Member]
6/24/2012 11:48:13 AM EST
Originally Posted By aplehr:
It's not exactly a turn-key type business, but when I retire - I'm going to open a leather crafting business. There are only a few people out there who are really good, and they usually have 12-16 week waiting lists. You could build up a very nice inventory for less than $5,000. Lots of people make and sell custom leather goods, 95% of what I see looks very amateurish when compared to the best out there. If you can turn one of your hobbies into a business, win/win.


Making high quality holsters would make someone a ton of money. Problem is the learning curve is pretty steep.

I know someone who does this out in Bismarck, ND. Retired LE and he makes some amazing holsters.
losscolinas  [Team Member]
6/24/2012 11:54:39 AM EST
not sure of the cost /startup but i worked with a guy who had one of those self contained ice makers. they pissed him off at work, he walked out and last i heard he has seven now.
ultramagbrion  [Team Member]
6/24/2012 11:57:05 AM EST

Originally Posted By DigDug:
Originally Posted By aplehr:
It's not exactly a turn-key type business, but when I retire - I'm going to open a leather crafting business. There are only a few people out there who are really good, and they usually have 12-16 week waiting lists. You could build up a very nice inventory for less than $5,000. Lots of people make and sell custom leather goods, 95% of what I see looks very amateurish when compared to the best out there. If you can turn one of your hobbies into a business, win/win.


Making high quality holsters would make someone a ton of money. Problem is the learning curve is pretty steep.

I know someone who does this out in Bismarck, ND. Retired LE and he makes some amazing holsters.

Knife sheaths to replace all the tactical-nylon crap that comes with most middle-priced knives today ( I hate nylon sheaths) and some really rugged cell-phone holsters ( that's what I'm going to make next ) as not everyone is working in an air conditioned office , and those flimsy nylon ones with the magnetic latch just suck aids
Thorgrim  [Team Member]
6/24/2012 11:58:27 AM EST
Pawn Shop.
dcs12345  [Team Member]
6/24/2012 12:00:30 PM EST
Cleaning business maybe. Clean commercial buildings at night.
TecRsq  [Team Member]
6/24/2012 12:02:05 PM EST
LineX
iwouldntknow  [Team Member]
6/24/2012 12:02:22 PM EST
Hide it under your bed.




J/K Get a CD
GLHX2112  [Team Member]
6/24/2012 12:02:41 PM EST
Hot Dog Stand. Somebody here has one or had one and broke down the numbers, it sounded pretty cool.

Breakfast Burrito Truck/Van. Saw that one when I was stationed in New Mexico, they started by just using coolers to keep food warm, and they freaking kicked ass!

Mail order Kydex knife sheath or holster maker.

OhioEd  [Team Member]
6/24/2012 12:05:40 PM EST
Originally Posted By Quintin:
Street pharmaceuticals (sp).

Posted Via AR15.Com Mobile


This. I hear crack and meth are quite profitable. Just don't be using your own inventory.
armoredsaint  [Team Member]
6/24/2012 12:06:10 PM EST

Originally Posted By jerrwhy01:
Midget porn. You only have to pay them half as much.

don't forget to budget money for the donkey too
cyrus-the-virus  [Team Member]
6/24/2012 12:06:17 PM EST

Originally Posted By Angel_King:
Hydroponic weed.

Posted Via AR15.Com Mobile

bingo, I know a few medical patients and I've known people in the past who weren't. Not uncommon to get about $1K in profit per plant. Of course assuming you can resist dipping into your own stash.

Hookers and blow, but again you have to resist consuming your profits

Aside from that my best advice would be to invest it without knowing what kind of skills you have.
GraniteClimber  [Member]
6/24/2012 12:12:28 PM EST
I've always been good at buying and selling things... I just don't have any ideas on what to buy and sell...
thorshammerblow  [Member]
6/24/2012 12:12:42 PM EST
two words-whore house
aplehr  [Member]
6/24/2012 12:15:36 PM EST
Originally Posted By DigDug:
Originally Posted By aplehr:
It's not exactly a turn-key type business, but when I retire - I'm going to open a leather crafting business. There are only a few people out there who are really good, and they usually have 12-16 week waiting lists. You could build up a very nice inventory for less than $5,000. Lots of people make and sell custom leather goods, 95% of what I see looks very amateurish when compared to the best out there. If you can turn one of your hobbies into a business, win/win.


Making high quality holsters would make someone a ton of money. Problem is the learning curve is pretty steep.

I know someone who does this out in Bismarck, ND. Retired LE and he makes some amazing holsters.


I stumbled onto this guy's work a few days ago. Amazing attention to detail. No one's first holsters are going to look like that, but it's a skill that can be learned. Surprisingly, I see rigs that sell for the same amount or more that look like they took 1/2 the effort.
macman37  [Team Member]
6/24/2012 12:24:25 PM EST
Bakery

Or a unique barbecue joint. Probably cost way more than $10k to start up but it's $10k closer than I am now.
webtaz99  [Team Member]
6/24/2012 12:28:44 PM EST
My buddy used to say, "The best thing to sell is pussy, 'cause you can sell the same one over and over and over."

xxxbrutusxxx  [Member]
6/24/2012 12:35:51 PM EST
If you don't mind "manual labor", buy a decent pressure washer, 40' extension wand and a couple ladders and do pressure washing of houses and decks.

Local guy advertises any 1 story house for $89, any 2 story for $139 and stays pretty booked up all summer. I heard he will also do gutter cleaning (with the wand and a special turn down) for an extra $50. Not sure what he charges for decks. I would guess he probably hits around 2 or 3 houses, probably more in an average day so do the math. Lot less than 10k in start up $ if you already have a truck or SUV to haul the stuff around. You would still be under 10k if you need a truck or van too. Not nearly as competitive as landscaping/mowing services but still limited to part of the year.
Epic_Ed  [Team Member]
6/24/2012 12:36:11 PM EST
Auto glass repair/replacement. There's a huge mark up in their products and services.
Col-W  [Member]
6/24/2012 12:36:36 PM EST
Originally Posted By GraniteClimber:
Looking for some ideas on getting some extra revenue coming in.... been drawing a blank...


That's an open ended question without more information as to your skill sets and interests. For example, if you knew of a particular product how would you be marketing it? Are you looking to utilize internet marketing, direct marketing, some niche market you can develop with face to face customers in your area?

Answering more questions for yourself like how would I make sales, where would I make them, who would I make them to is going to develop some guidelines
for you on finding and developing a product if you already don't know that.

Do you want to sell a physical product or a service, your service or someone else's?

If you approach this quite a bit differently you'll find something by narrowing down all of barriers to success, the way you are approaching it you'll spend a whole lot of time figuring out that a particular product can't be X in the process of successfully obtaining sales, or needs more capital and a host of other problems. You know you've got a limit of 10K.
pearson  [Member]
6/24/2012 12:39:55 PM EST
I buy broken cars on Craigslist fix them and sell them, also just fix them for people. I was averaging 1000 profit a week when I was really trying, and maybe working about 10 hours.
cyrus-the-virus  [Team Member]
6/24/2012 12:41:39 PM EST

Originally Posted By GraniteClimber:
I've always been good at buying and selling things... I just don't have any ideas on what to buy and sell...

drugs
Epic_Ed  [Team Member]
6/24/2012 12:42:46 PM EST
Originally Posted By TecRsq:
LineX


Franchise fee alone is $30k. Start up costs between $85k - $250k.
eric496  [Team Member]
6/24/2012 12:44:23 PM EST
It has been a few years since I did this, but I made decent money parting out motorcycles on eBay. I'd check the local want ads and Craigslist for motorcycles that needed work. You need to know what to look for. The drag racers wanted GS1100, KZ1000, Z1-KZ900, and GPz stuff among others. I also did well on some classics like Honda CB-350-4s and old Harleys.

Some bikes I'd fix up and sell, but most would be parted out. i remember one KZ1000 that I bought. I paid $300.00 for it, brought it home, washed & waxed it, put fresh gas in it, gave the carbs a quick clean/tune, and took the plugs to a wire wheel. Maybe 3 hours labor tops. I then sold it to a couple for $900.00 the following weekend. They were absolutely thrilled with the deal they got. That doesn't happen every day, but it does happen if you know what to look for.

Don't buy junk or you'll lose $. Rust is a deal killer. You're looking for clean parts for bikes that are in demand.

As you might have guessed, I've been into motorcycles for a long time. That knowledge came in handy.
DON70  [Team Member]
6/24/2012 12:44:45 PM EST
Self Service Massage Parlor. Low overhead and no Obama Care required.
Balista  [Team Member]
6/24/2012 12:44:48 PM EST
hubcityraider  [Team Member]
6/24/2012 12:46:35 PM EST
Originally Posted By pearson:
I buy broken cars on Craigslist fix them and sell them, also just fix them for people. I was averaging 1000 profit a week when I was really trying, and maybe working about 10 hours.

Shit like this is probably the best way to turn that $10k into something whether it be flipping cars or fixing up furniture or just getting so damned familar with stuff on craigslist that you know you can flip it back on there tomorrow.

All depends on how much your time is worth and whether you have skills to fix anything.

Though, if you don't have a 3-6 months emergency fund just sitting in a bank account then this $10k would probably fill that void pretty quick.
TUBBY  [Team Member]
6/24/2012 12:51:07 PM EST
Bathtub reglazing. $200 to $350 to do a standard tub. $50 in materials.


Equipment and chemicals will set you back $2k.

Spend $3k on advertising.

You will make a killing.
RedDane  [Team Member]
6/24/2012 12:53:32 PM EST
Join B&I and seek a mentorship with local business organizations.

Pick something you are good at and start doing it. Form an LLC. Use inexpensive promotional materials and start attending local trade gatherings in your target market.

Lots of opportunity out there - 1/2 of the people in this thread are sure that you can't start a company with 10k. A lot of huge enterprises have been formed on a lot less.

There you go, enough advice to get you off of your feet and started.
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