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Best Businesses You Can Start with Under $1000?
- Thread starter beefybull
- Start date
automotive or commercial window tinting
Patrick Steele
New member
Deffinitelly Personal training. It takes much less than $1000 to get started and if you good at marketing and advertising, your business can easily make you profts of $100.000 the first year. Learn to advertise your company to target upper class wealthy people.
Good suggestions.
PTing has a very solid potential for good returns.
Figure it'll cost you:
$250 for 1yr Insurance
$100-250 supplies (paper/charts/record keeping/pens/etc)
$40 - Red Cross CPR certified (if required at your location)
Maybe you get some new clothes also (hopefully not pink with giant "TRAINER" on the back), you could get some supplement inventory to sell, etc.
PTing has a very solid potential for good returns.
Figure it'll cost you:
$250 for 1yr Insurance
$100-250 supplies (paper/charts/record keeping/pens/etc)
$40 - Red Cross CPR certified (if required at your location)
Maybe you get some new clothes also (hopefully not pink with giant "TRAINER" on the back), you could get some supplement inventory to sell, etc.
Patrick Steele
New member
beefybull said:
The best way to make money in personal training is not to be a solo trainer yourself. Start by hiring 2 trainers and focus on doing the marketing and paper work. This will be so much easier and less of a hassle. A personal training business is a great vehicle to use to expand your business. Once you've built a good clientelle, you can start selling supplements, clothing . The you can give discount coupons for 3 free lessons when they reccomend a friend and so on. Be creative. In personal training, just like any other business, you need to be extremelly driven and believe that you are the best in the business you're at. If you believe that you are just average, you are setting yourself up for failure. To be successfull, you need to believe that you are the best and are above all the competition and make others believe it as well. Good luck with any business venture you decide to go with
Razorguns
Well-known member
All these ventures are purely dependent on how good of a sales and marketing person you are. If you aren't -- it'll be the same reason why 95% of small businesses fail. Unless you own a store-front and can drag people in who drive by and notice your sign.
If you can offer a great service -- that's only part of the job. So far, you make a great employee for someone else. If you want to be a BUSINESS OWNER, you need the savvy, intelligent and competence to be able to analyze where your customers will come from, how they will get there, what they are willing to spend, how much time is required to get them, what probabiliteis are there of getting them, what's the failure rate of others in the same field, etc. etc. etc.
Answer those questions and you may very well find, the picture isn't so rosy any more.
I suggest offering a service where investment is little, your service is UNIQUE and CREATIVE, marketing channels are easy to penetrate w/o extravagant cost or time, and there'll be a big demand for it. Eg: Buying diamonds foreign for cheap, selling on ebay and undercutting all the other jewllers big time, rinse, repeat, expand. Ideas like that that can balloon real quick if it picks up.
You won't make much money if you do 1 hour PT'ng and 7 hours of trying to recruit another client.
If you can offer a great service -- that's only part of the job. So far, you make a great employee for someone else. If you want to be a BUSINESS OWNER, you need the savvy, intelligent and competence to be able to analyze where your customers will come from, how they will get there, what they are willing to spend, how much time is required to get them, what probabiliteis are there of getting them, what's the failure rate of others in the same field, etc. etc. etc.
Answer those questions and you may very well find, the picture isn't so rosy any more.
I suggest offering a service where investment is little, your service is UNIQUE and CREATIVE, marketing channels are easy to penetrate w/o extravagant cost or time, and there'll be a big demand for it. Eg: Buying diamonds foreign for cheap, selling on ebay and undercutting all the other jewllers big time, rinse, repeat, expand. Ideas like that that can balloon real quick if it picks up.
You won't make much money if you do 1 hour PT'ng and 7 hours of trying to recruit another client.
Having a private studio with several other trainers is a good idea in some places. You can always try specializing in PTing a certain group of people, like the growing elderly demographic, athletes, men/women, etc.
Working for a place like 24 Hr Fitness or Ballys is guaranteed clients. In exchange, they keep like 60-75% of the money the client pays. You get $20-30 an hour depending on the club.
Working for a place like 24 Hr Fitness or Ballys is guaranteed clients. In exchange, they keep like 60-75% of the money the client pays. You get $20-30 an hour depending on the club.
Patrick Steele
New member
Synpax said:
I have good friends who have done it and have become extremelly succesfull at it and then used their business as a vehicle for expansion. I learned alot from them. You do not need much money to start a business and be succesfull at it. There are many businessmen who started a new business by being thousands of dollars in dept. It's all about having a driven attitude, good investors and convincing the banks to give you loans. I am doing extremelly well right now and got started by being thousands in in dept myself. Don't rely too much on saving money to get started. Instead focus on working out a good plan that will allow you to succeeed and pay off your debts in record time.
you can make exteriors made out of concrete patio blocks,
100$ go to a compagny for plastic molds
200$ buy portland cement
Advertise like crazy and try to get someone to hire you, when you have your 1st customer, then use that name as referral that you did good job with pictures and shit.
you can take your 1k
go to africa hire 20 people buy them aks47 and start to fight a drug cartel to gain market share, it;s a tough business but it works.
100$ go to a compagny for plastic molds
200$ buy portland cement
Advertise like crazy and try to get someone to hire you, when you have your 1st customer, then use that name as referral that you did good job with pictures and shit.
you can take your 1k
go to africa hire 20 people buy them aks47 and start to fight a drug cartel to gain market share, it;s a tough business but it works.
Patrick Steele
New member
Numbers in money are not as important as having a good plan. 90% of people who start a business have not worked out their plan very well and they fail. You can succeed in almost any business if it's planned well. Making a plan for a new business takes lots of time and loads of research and most people are not willing to put the time and commit. Before you put any money down, make sure you know what you are getting involved in and now what you think. Study the pros and cons.
bran987
New member
Patrick Steele said:
this is actually not how most entrepreneurs behave. yes if you are going to start a company and spend $1,000,000 to get it going maybe you do all that, but real life small entrepreneurs get their idea going as fast as they can, spending as little as they can, and see if it works, because they know 9 times out of 10 it is going to fail.
most small entrepreneurs do not spend 6 months on a business plan, because they know the idea probably won't fly anyway, and business plans are mostly crap. one way is how books tell you to do it and one way is real life. lose $3,000 10 times trying to get to the one idea that makes you $3,000,000 drain, rinse, repeat is life. I've spent $1,000 and made $25,000 on a little idea and I've spent $5,000 on another and l lost it all and I've lost $1-2,000 trying things more times than I can count. who fucking cares right. eventually I will get there. I haven't made a million but I'm around lots of people who have and the ones who made it themselves either had ridiculously high paying jobs or made their money the way I'm describing.
spending the best years of your young life planning, researching, and waiting will leave you very old, very educated, and wondering why didn't this ever payoff???????
most people fail because they don't really have what it takes - not because they planned wrong. you will learn any business 50 times faster doing it than reading about it. one piece of advice is if you can find a mentor now that is truly worth its weight in gold.
my $0.02 - just do it.
Last edited:
Razorguns
Well-known member
bran987 said:
True...to an extent.
Testing the waters, taking a chance, jumping in, etc. are actually legitimate ways of conducting business. You're "proving a concept" is feasible by actually testing it out. The RISK you incur, is the cash as well as time that you invest in your little endeavors.
If it's a measly $2,000 plus a month of your time -- that's quite acceptable. In fact, you LEARN from your experience which you can't get from a book which is probably MORE valuable than that $2,000.
However -- if you invest $50,000 (ie: money can't afford to lose) and fail -- it was a bad move. In that case -- when you have a significant risk involved -- more careful planning, analysis and projections need to have occured to MINIMIZE that risk.
Planning is not always some drawn-out 6 month exercise. IF you have prior experience in that field (which is why it's always recommend you start a business in a field you're already familiar with), it shouldn't necessarily take you that long to knock out a business plan.
Planning is VERY useful in what it is: A PLAN. A plan that can incorporate unseen variables taht may arise and detail how you PLAN on handling it. That way you don't become a douchebag when certain things you never expected (more due to overzealousness than lack of planning) and appropriately get stuck. Such as opening a clothing store -- then finding out you have NO connections on getting clothes cheap cuz you're not a bulk retailer; thereby forcing you to buy clothes at high-markups. Which in turn puts you in a very low profit enterprise that would threaten your very existence.
Plans can look out for and allow you to create a well-thought out response to just such possible scenarios.
Patrick Steele
New member
Every entrepreneur has their own way of working this out and dealing with things. It also depends what kind of business you are in. Some businesses take more planning than others. I have met many entrepreneurs not agreeing with my way of doing this and me not agreeing with their way of doing doing things and both of us having equal levels of success. Everyone is diffirent and thinks diffirent in business.
My bro just started his own business last month. He sets up a table at local office buildings and the employees of each company in the building can drop off their dry cleaning to him. For example, Monday's and Thrsday's he is at one building from 8AM to 10AM. drop it aon Monday and pick up your clothes on Thursday.
He does`nt even have his own dry cleaners. He has a deal with another cleaner (which btw has 3 locations) and he just drops the whole load at this dry cleaners and picks it back up when they`re done. He keeps the difference in price from the customer to the "deal" he gets from the dry cleaner for large amounts.
He made flyers and price lists, cards... but... he also purchased a van, that`s a big expense, but it can be done for a little while without BUYING a new van. So his overhead is`nt high and the more customers he gets, the more money he`ll make as he gets more and more buildings.
Bran I love you. Don`t run from me.
Don`t run.
from
me.
No I don`t.
He does`nt even have his own dry cleaners. He has a deal with another cleaner (which btw has 3 locations) and he just drops the whole load at this dry cleaners and picks it back up when they`re done. He keeps the difference in price from the customer to the "deal" he gets from the dry cleaner for large amounts.
He made flyers and price lists, cards... but... he also purchased a van, that`s a big expense, but it can be done for a little while without BUYING a new van. So his overhead is`nt high and the more customers he gets, the more money he`ll make as he gets more and more buildings.
Bran I love you. Don`t run from me.
Don`t run.
from
me.
No I don`t.
Synpax said:
Yes he gives his "presentation" to prospective buildings and they either let him or kick him out. The businesses are really benefitting by having a convenient service there for their employees. His first building was one floor (of a 6 sfloor building which employed about 300 people. If he could get a hundred people to dry clean stuff on a regular basis, he`d be golden. He has other locations as well. He just started last month and there`s really no limit to the growth because we live in a very densly populated office space area.
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