Business ideas

[NorwegianDJ]

Alright guys, short and sweet!

I'm in the process of starting an online business. My only predicted hardships is getting that damn idea. I got a few that a viable, that will go into testing unless I get a better one.
Criteria is that it's preferably digital, brings in 1000$/week, and allows for freedom (Only work spent is on maintenance), and probably outsourceable.

Shoot me ANY ideas that you have ever wanted to try, anything you think may be fitting the criteria, anything that you're scared to try out in case of possible failure.

Give me a winning idea and I'll give you 200$ (possibly more) if it's successful (Steadily bringing in desired income).

 

[PrettyBoyAJ]

Sell things for profits.

I got a hook-up on Televisions and iPods. I can get you a good 42-inch for 500$. Flip it for 700 easily. It's all about who you know.

 

[NorwegianDJ]

Sell things for profits.

I got a hook-up on Televisions and iPods. I can get you a good 42-inch for 500$. Flip it for 700 easily. It's all about who you know.

Isn't that the idea of outsourcing in a nutshell? - Making it seem like you do a professional job, when in reality you only have a good group of outsourcers?
Thanks for the input thought!
I'm eagerly awaiting any input at all on the subject!

 

[Alle_Gory]

You start out with the idea and then figure out how to monetize it. You're going at this the way a suit would do, which is why it's going to fail.

 

[NorwegianDJ]

You start out with the idea and then figure out how to monetize it. You're going at this the way a suit would do, which is why it's going to fail.

Im gonna assume this is the definition for monetizing, "making money on goods or services that were previously unprofitable." ?
Fortunately I don't know what you mean when you say "the way a suit would do". Could you elaborate on that?

Could someone also explain fiat currency? I came over it just now.

I also want to include a nice little **** you to you and my failure. In all respect, don't make hasty conclusions like that. You don't know me. I'm gonna make it.

 

[Amo]

Chill Norway, Alle_Gory isn't dissing you, I think.

He's got the right idea. Look for something you want to do or something people want, then find a way to make it profitable. That way you have a passion for it.

You're lining up ideas and then trying to pick out the most profitable - it's made quite a few people money, but it's not the best way.

 

[backbreaker]

You start out with the idea and then figure out how to monetize it. You're going at this the way a suit would do, which is why it's going to fail.

this

 

[NorwegianDJ]

Obviously, but why draw the conclusion that I'm NOT doing all of this already? Im testing this out this week. I'll post a link when I've got my first sales and a more reasonable understanding.
I'd like to see Alle gory succeed, or actually get some of my questions answered for a difference, or maybe I should make it bold for a more simplistic effect.

 

[ChalengeGuyFan]

Alright guys, short and sweet!

I'm in the process of starting an online business. My only predicted hardships is getting that damn idea. I got a few that a viable, that will go into testing unless I get a better one.
Criteria is that it's preferably digital, brings in 1000$/week, and allows for freedom (Only work spent is on maintenance), and probably outsourceable.

Shoot me ANY ideas that you have ever wanted to try, anything you think may be fitting the criteria, anything that you're scared to try out in case of possible failure.

Give me a winning idea and I'll give you 200$ (possibly more) if it's successful (Steadily bringing in desired income).

A summary: I'm starting an online business, but actually I have no idea what the hell it should be about. Give me some ideas which will bring in $4000/month, basically doing nothing.
And the icing: I'll throw you $200 if the idea works.
:crackup:

Now answer your question yourself:

Obviously, but why draw the conclusion that I'm NOT doing all of this already?

Kids these days...

 

[backbreaker]

lol damn kids

if i knew of an idea that would pay me 4000 a month with little investment, rotfl, why would I tell YOU.


even better, why would i not franchise my idea and sell it to people for hundreds of dollars? why would i not make tapes and cd's and make people buy them so they can learn how to make the 4000 dollar idea work more efficiently? why would i not make thousands in seminar speaking fees? yes i'm going to give all that to get 200 bucks from you. that's it.


when you find what it is you are supposed to do, you will know. trust me. there will be no doubt in your mind.

 

[NorwegianDJ]

Just assuming that noone here has the balls to do it, atleast it doesnt seem like it.
Usually we actually help eachother on this forum, atleast in the HS forum. There's no help to get here.
Saying 'kids these days' when you're just out of uni. Smart one, I congratulate you on your intelligence. Now go talk **** to someone else, I have no use for it.

 

[Michele l'Arcangelo]

Don't be a Mr. Grumpy Pants.

 

[joverby]

It's great that you have initiative to do something, man. It really is. But I agree you're doing it backwards.

You have the mentality, "I want to make a business, so I can make a lot of money!" But you have absolutely no idea what you want to do, how are you going to make money that way?

You have to do something your passionate about or if you get a really good idea(necessity is the mother of all inventions) then you do some research.

I've had more than several inventions that I googled and found out someone beat me to it, I would like to invent something and start a business, sure. But I know the best things are going to come more naturally.

 

[synergy1]

So if I had an idea, why wouldn't I just do it? Giving it to you adds no value, and you reap the benefits? thats brilliant...not.

Whoever said this guy was acting like a suit is spot on. Wants to be a useless middle man by making someone else do the work. Do your own work.

Also funny how he turns sour when no one gives him ideas.

 

[NorwegianDJ]

I'd rather say I got aggrivated by the demoralizing replies than recieving no ideas.
I do have 8 ideas myself, I chose the best one and I am currently working on it.
joverby, why is it that you simply cant go and do it better than them or put your personal twist to it instead of being the first one to an idea? It mostly holds true that someone has already thought what you're thinking.

 

[carrot]

it all depends on the sales of products or services

you are better making $$ offline as online is lot of fake make money online scams and looks like you are also buying the steady xyz income dream

pm me if you are real about doing something


Give me a winning idea and I'll give you 200$ (possibly more) if it's successful (Steadily bringing in desired income).[/QUOTE]

 

[Alle_Gory]

Im gonna assume this is the definition for monetizing, "making money on goods or services that were previously unprofitable." ?
Fortunately I don't know what you mean when you say "the way a suit would do". Could you elaborate on that?

People in suits, business people with MBAs. They know only how to push paper and not how a real company operates from the ground up. They are completely oblivious and disconnected from the inner workings that make money.

You don't get into business with the intent to make money, you get into business with the intent to provide a good or service to someone and then you make money. The horse before the cart. The horse is what you do, the cart is filled with money. You can't have a cart without a horse, a business engine.

Now what is that business engine, what will you provide? What will you make? Who will make it? How will it be shipped? How much will it cost to produce? What is your competition? And finally once you have figured all that out you can determine what to charge for your good or service.

First you build the business, then you make it profitable. It's NEVER the other way around. If you try to do things a way a stupid business man in a fancy suit would do, you will fail. Start from the ground up.

Could someone also explain fiat currency? I came over it just now.

Currency based on bull, not gold backed, has no real value except what we give it. It's basically toilet paper that we all agree has some value, until we disagree on what the value is and we can use it for toilet paper again.

In contrast to gold backed currency you can argue all you want, but that dollar is worth a certain amount of gold and will always be worth that amount of gold. Solid, measurable. Gold backed currency doesn't allow for as quick economic expansion since you can't simply make more gold out of thin air. It must be mined.

I also want to include a nice little **** you to you and my failure. In all respect, don't make hasty conclusions like that. You don't know me. I'm gonna make it.

I don't need to know you to understand that what you're attempting is a bad idea. In the history of business, putting money before your business has never worked. It's always detrimental in the long run.

 

[Alle_Gory]

I do have 8 ideas myself, I chose the best one and I am currently working on it.

Good. Now analyze. How many competitors do you have? What do they charge? What is the quality of the service or product they offer? If you make the same or similar product, then charge the same, if you charge more money people won't buy. If you make a premium product you can charge more money but it takes longer to make and the cost is higher.

You must find a sweet spot between quality (and cost to make) and units sold. A company like Apple for example might sell more expensive laptops than HP, but they sell less of them. HP will sell crappy laptops but for a low price and they make a little bit of money off each one. Because of the massive volumes of product they sell, they make more money than Apple. They found their sweet spot.

Anyways, some things to think about. Your analysis should be like 12 pages of 10 point font single spaced, letter size, if you're serious. It's simply there to make you aware of what you need to do and how you're going to do it.