$100k to start an internet business...

[wesley90]

What fields would you go into? I am mainly looking to buy from a wholesaler and flip on ebay...quick and easy without much paperwork...Any ideas?

Also, how do I get ahold of the wholesale departments of certain companies and how willing are they to open a new account and do business with people that have a significant amount of money to purchase and expand?


Thanks.

 

[ZKaudio]

You will be more successful if you come up with good ideas before good funding...

 

[Mr.X]

What fields would you go into? I am mainly looking to buy from a wholesaler and flip on ebay...quick and easy without much paperwork...Any ideas?

Also, how do I get ahold of the wholesale departments of certain companies and how willing are they to open a new account and do business with people that have a significant amount of money to purchase and expand?


Thanks.

$100,000 is not that much money...a 2000 sq. ft deli on the west coast (urban like SF) will run you at least $250k for build out/zoning. Internet business, I suggest you research on ebay first. The market is very very! competitive.

 

[manny78]

What fields would you go into? I am mainly looking to buy from a wholesaler and flip on ebay...quick and easy without much paperwork...Any ideas?

Also, how do I get ahold of the wholesale departments of certain companies and how willing are they to open a new account and do business with people that have a significant amount of money to purchase and expand?


Thanks.

Ebay is tricky. I used to sell a lot on Ebay. problem is, your product will be hot for 3-4 months till someone else see the deal and starts doing the same as you. Next thing you know, there's like 30 different seller that pops up when you do a search on your item. so it's a hit and run. Sell product A, then 3 months later, switch to somehting else or your profit margin will go down. What would I do with 100k on E-biz ? Porn. Bangbros style. Just move to Canada, whores are pretty cheap here.

 

[wesley90]

Ebay is tricky. I used to sell a lot on Ebay. problem is, your product will be hot for 3-4 months till someone else see the deal and starts doing the same as you. Next thing you know, there's like 30 different seller that pops up when you do a search on your item. so it's a hit and run. Sell product A, then 3 months later, switch to somehting else or your profit margin will go down. What would I do with 100k on E-biz ? Porn. Bangbros style. Just move to Canada, whores are pretty cheap here.

I am cool with switching products every 3-4 months. What types of products did you sell? Did you buy a large amount of the product wholesale and then sell in smaller quantities?

Thanks.

 

[manny78]

I am cool with switching products every 3-4 months. What types of products did you sell? Did you buy a large amount of the product wholesale and then sell in smaller quantities?

Thanks.

Car parts and firearms related products (mostly leather holsters, scopes). I did buy large amount when I used to sell ASP batons (until Ebay banned them). Made some good money out there. For car parts and holsters, I was selling very specific/hard to find items, small quantities but big price tag.