Dismiss Notice

STYLE. COMMUNITY. GREAT CLOTHING.

Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

Click Here to join Styleforum's thousands of style enthusiasts today!

If you had 500k, what business would you start ?

Discussion in 'Business, Careers & Education' started by aj_del, Jan 16, 2011.

  1. aj_del

    aj_del Senior member

    Messages:
    6,964
    Likes Received:
    126
    Joined:
    Jul 29, 2009
    Hi

    If you wanted to start a business about something you were passionate about and had 500,000 USD in capital, what would you do ?

    Best regards
     


  2. NameBack

    NameBack Senior member

    Messages:
    2,882
    Likes Received:
    79
    Joined:
    Oct 4, 2010
    Political media-consulting firm specializing in applying cognitive psychology and other behavioral science research to the persuasion of voters.
     


  3. musicguy

    musicguy Senior member

    Messages:
    4,220
    Likes Received:
    80
    Joined:
    Oct 1, 2008
    Location:
    Santiago de Chile
    The correct answer, is Image Consultant, right?
     


  4. Hombre Secreto

    Hombre Secreto Senior member

    Messages:
    3,844
    Likes Received:
    429
    Joined:
    Mar 25, 2007
    Location:
    Lost Angeles
    I'd just open a strip club and launder drug money.
     


  5. CouttsClient

    CouttsClient Senior member

    Messages:
    1,974
    Likes Received:
    54
    Joined:
    Sep 16, 2010
    Location:
    Los Angeles/ DC/ The Gulf Coast/ Airplane...
    I'd just open a strip club and launder drug money.
    This would be more successful than most start-ups
     


  6. ArteEtLabore14

    ArteEtLabore14 Senior member

    Messages:
    557
    Likes Received:
    0
    Joined:
    Oct 20, 2009
    - Purchase or start a football club in the lower divisions of England or Ireland
    - Self publish


    I suspect bankruptcy would come a-knocking rather quickly.
     


  7. BCPilotguy

    BCPilotguy New Member

    Messages:
    3
    Likes Received:
    0
    Joined:
    Nov 21, 2010
    I'd buy a Tim Horton's frachise in Canada. Incidentally you need 500k to start one. They are a licence to print money up here.
     


  8. aj_del

    aj_del Senior member

    Messages:
    6,964
    Likes Received:
    126
    Joined:
    Jul 29, 2009
    Political media-consulting firm specializing in applying cognitive psychology and other behavioral science research to the persuasion of voters.

    Are you serious or just mocking the question ? [​IMG]
     


  9. Mr Herbert

    Mr Herbert Senior member

    Messages:
    1,692
    Likes Received:
    10
    Joined:
    Oct 29, 2009
    I wouldnt want to give up my job so something that was relatively passive. A bar or bottleshop would fit the bill.
     


  10. NameBack

    NameBack Senior member

    Messages:
    2,882
    Likes Received:
    79
    Joined:
    Oct 4, 2010
    Are you serious or just mocking the question ? [​IMG]

    Why wouldn't I be serious?
     


  11. clee1982

    clee1982 Senior member

    Messages:
    8,725
    Likes Received:
    516
    Joined:
    Feb 22, 2009
    Location:
    New York City, NY, USA
    - Purchase or start a football club in the lower divisions of England or Ireland

    it's that cheap?
     


  12. Krish the Fish

    Krish the Fish Senior member

    Messages:
    3,169
    Likes Received:
    973
    Joined:
    Dec 8, 2009
    Cigar Store/Cigar Bar. not for the profit that I will make (because I probably won't be making much per annum) but for the love of the hobby.
     


  13. Merlino

    Merlino Senior member

    Messages:
    201
    Likes Received:
    0
    Joined:
    Mar 11, 2006
    Location:
    The Netherlands
    Before my current job, I worked as a barista for 6 years. As a passion project, I would start a decent espresso bar since there are none in the town I live in. I'd model it after some of my favourite Italian bars. As a business man, I see there's little money to be made in such a venture.

    BTW you wouldn't really need half a million for such ventures, if you come up with a good business plan the bank will supply about 60-70% of your startup capital here in The Netherlands. But you will be needing collateral, though. I'd put 150K in myself, get the bank to invest 350K and put the other 350K I'd have left in Dutch gov.bonds that the bank would get as collateral while I'd still be receiving the coupons on those bonds. Yes, I'd be paying more interest on the loan than I'd be getting on the coupons but that interest is tax deductible.
     


  14. Monaco

    Monaco Senior member

    Messages:
    803
    Likes Received:
    18
    Joined:
    Mar 3, 2010
    Farm

    When inflation skyrockets the prices of food, local farmers will be rich.
     


  15. aj_del

    aj_del Senior member

    Messages:
    6,964
    Likes Received:
    126
    Joined:
    Jul 29, 2009
    ^^ Food inflation is already at 17% in India but even more than the farmers its the middlemen/wholesalers who are making money by hoarding etc. There are daily raids on the middlemen by the authorities because around 10 years onion prices skyrocketed just before a state election and the ruling party was defeated . Many say that the onion prices was the main reason why they lost power.

    India is also requesting Pakistan to send onions and if Pakistan does not permit export of food to India, there is talk of India not allowing other Pakistani goods to India
     


Share This Page

Styleforum is proudly sponsored by