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Old 04-29-2015, 11:45 AM
 
1,188 posts, read 1,466,174 times
Reputation: 2110

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Quote:
Originally Posted by TechGromit View Post
People with good ideas or inventions, yes. Not people with no clue and no skills.

It's actually probably hardest to get capital just because you have an 'invention.' Even if it's a good one.
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Old 04-29-2015, 11:49 AM
 
Location: SF Bay Area
13,520 posts, read 22,142,682 times
Reputation: 20235
Make Youtube videos that people want to watch and follow.
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Old 04-29-2015, 12:19 PM
 
Location: Ohio
229 posts, read 382,931 times
Reputation: 434
Quote:
Originally Posted by TechGromit View Post
All of which require skills, you can hardly start a business as a financial consult when you haven't a clue what the difference between stocks and bonds are.



LOL, No one is going to just "Give / Loan" you money because you have a dream of owning a business. If you had 20 years experience managing a very successful restaurant, you might find youself an investor to open your own business. (they are fronting the cash and you the experience) but short of that, your just another smuck with a dream with no idea how to make it reality.
Some guy on Kickstarter said he wanted to make a potato salad and he raised $55,000.
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Old 04-29-2015, 12:34 PM
 
Location: Uncharted island
329 posts, read 1,047,765 times
Reputation: 463
stripper

startup cost: $0
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Old 04-29-2015, 02:37 PM
 
Location: SW Florida
2,432 posts, read 2,693,373 times
Reputation: 2492
My husband and I started a landscape biz and did well. Started out with used tools to start and built up clients. Eventually would hire employees. It took very very little to start up. Office and home cleaning also little to start up if you buy used equipment. Im sure here are many others.
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Old 04-29-2015, 02:56 PM
 
Location: Buckeye, AZ
38,936 posts, read 23,916,734 times
Reputation: 14125
Website whether it is blogging, vlogging, social media, podcast, etc. You may not make enough money to not be a side job early on BUT it can take you a good amount of time. Be prepared for the long-game, not the short-game.
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Old 04-29-2015, 03:20 PM
 
Location: Honolulu/DMV Area/NYC
30,651 posts, read 18,255,332 times
Reputation: 34522
Quote:
Originally Posted by runforfun View Post
Starting a Chick-Fil-A franchise is probably the least expensive business you could start.

$10,000 initial commitment
Franchise Opportunities | Chick-fil-A
I actually want to get in on the Chick-fil-a business in NYC/surrounding areas, but that can be a pricey investment/process as well once we start talking about getting certain licenses and restaurant space, etc. By the way, I think that more people aren't looking into running Chick-fil-a franchises because owners are expected to be very involved in the running of the business to ensure that quality doesn't suffers. Many potential owners simply don't have time to do that when considering their other ventures.
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Old 04-29-2015, 04:29 PM
 
9,891 posts, read 11,774,511 times
Reputation: 22087
Saw an article in a major newspaper the other day about an 8 year old girl who has had a business for 2 years.

She puts on a baking show with a video, with a new episode every week, teaching other kids how to bake something over the Internet shown on utube I believe it was. Shot with minimum equipment, and kind of amateur but what do you expect from an 8 year old girl. Income from advertising shown on the show.

Sounds not much of a business, but it grosses over $126,000 a week and almost all profit. Talk about a low cost to start business, this is one.

Of course OP this may be too small a business for your dreams, but it shows if you have enough brains you can succeed, even if you start your business when you are 6 years old.
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Old 04-29-2015, 04:33 PM
 
1,096 posts, read 1,048,162 times
Reputation: 1745
Quote:
Originally Posted by Mr_Geek View Post
Lemonade stand
Damn! Beat me to it!
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Old 04-29-2015, 05:17 PM
 
609 posts, read 615,844 times
Reputation: 929
I third lemonade stand
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