Business Advice

[juan ruiz]

Living down here in the capital of boating of the world, we even have people that have oil changes business where they come to your boat and change the oil, wash them, do the teak,clean the inside, clean your props you named all done by the water, we even have a "Water taxi" and that guy is doing very very well.

I guess that if you have money is easy to make money.

So we continue the quest

[qikcpa]

Juan, based on the tone of your response it sounds as if your ruling out business ventures which have competition and looking to invest your 10k in something completely new. You may want to weigh the pros and cons of investing in an unproven product/market vs working harder against competition in a fied in which there is currently demand/need. 9 times out of 10 new products and industries fail, we just read about the 1 that makes someone rich in the newspaper. With an established product /service you tend to make money by doing a better job/offering a better product.

[bigrubberjeep]

Originally posted by qikcpa
Juan, based on the tone of your response it sounds as if your ruling out business ventures which have competition and looking to invest your 10k in something completely new. You may want to weigh the pros and cons of investing in an unproven product/market vs working harder against competition in a fied in which there is currently demand/need. 9 times out of 10 new products and industries fail, we just read about the 1 that makes someone rich in the newspaper. With an established product /service you tend to make money by doing a better job/offering a better product.

Very true - Just follow some of the ideals of Dr. Porsche, don't try to re-invent the wheel, just find a way to make it better.

Research then.......................

Sell Sell Sell!

oh and then research some more