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If you had to start your own business what would it be?

  • Thread starter Thread starter lartinos
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lartinos

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I plan on eventually diversifying into more things than what I currently do.
Still trying to brainstorm exactly what direction I will be going, but I have an idea.
If you could quit your day job tomorrow and had 100,000 to invest what would you do with it. No gladiator type bullshit answers about real estate, stocks, or fawking silver unless you are already in that industry.
 
Already in the process - an unconventional marketing service.

I'd also like to open a grilled cheese restaurant / bar with innovative grilled cheese variations and drink pairings.

And a mobile car wash service aimed at suburbia.
 
Cash businesses that would pay for themselves: carwashes, laundromats.

Chain of tanning places.

Dream: 30-40 seat restaurant on the e. coast not too far south, not too far north.
 
Wonder what's the chance of success for an independent restaurant start up is in this economy :confused:

Even if its succeeds you're in for serious hours and hard work.

just sayin'
 
Im already in process of buying alcohol breathalyzer vending machines to put inside bars/clubs. But if I had 100k I guess I would but a lot of them and the whole thing would go a lot faster
 
Leveraging my silver stockpile to purchase foreclosures as venues to grow apricot seeds.
 
PICK3 said:
Wonder what's the chance of success for an independent restaurant start up is in this economy :confused:

Even if its succeeds you're in for serious hours and hard work.

just sayin'
Click to expand...

I think when you do something like that it's not really work so much because you love it. I would at least. But yeah, the economy part of the whole shootin' match is a bish.
 
jnevin said:
I think when you do something like that it's not really work so much because you love it.
Click to expand...

Sort of my point.

It has to be a calling, knot on a laundry list of kool things to try, e.g. silver mining, apricot seed farming, and opening car washes
 
jnevin said:
I think when you do something like that it's not really work so much because you love it. I would at least. But yeah, the economy part of the whole shootin' match is a bish.
Click to expand...

You know what would do well in your area? Another microbrewery where you make your own pale ales, stouts, pilsners, etc, with food too.
 
PICK3 said:
Wonder what's the chance of success for an independent restaurant start up is in this economy :confused:

Even if its succeeds you're in for serious hours and hard work.

just sayin'
Click to expand...

Um. That's any business.

Being self employed involves a lot of hours and sacrifice regardless.

lol @ thinking you can't open a restaurant successfully now.
 
gotmilk said:
My friends own Arive Alive breathalyzer....
Click to expand...

Do they manufacture them and sell the machines to people, or manufacture them and place them on their own routes as well? If so whats their average return per machine?
I was going to get alco-checkpoint because there is a locator service I would be able to use to place them for me.
 
superdave said:
Do they manufacture them and sell the machines to people, or manufacture them and place them on their own routes as well? If so whats their average return per machine?
I was going to get alco-checkpoint because there is a locator service I would be able to use to place them for me.
Click to expand...

No idea. They asked me if I wanted to be a sales rep and I declined because I have way too many projects right now.
 
i would open a gym that has a grilled cheese stand and poor ventilation in the cardio room so people are sweaty and farty like a fart fettish workout
 
Starting a real company would require millions in VC. Not much you can do with 100k -- that's just a bank loan for most people.

Starting a biopharma company would be interesting but not within the hypo. Same with a hedge fund, but again, 100k is trivial. You can't even buy a McDonald's franchise with several times that.

Other than small scale, high-risk ventures or partnerships where you're the minority holder, I can't think of anything you can really do with that.



:cow:
 
PICK3 said:
you say that as if owning a Mickey D's franchise is insignificant :confused:
Click to expand...


They have strict capital and experience requirements. My argument was that 100k for starting a solo business from scratch is trivial given the conditions of risk, time, and opportunity cost/cost of carry.



:cow:
 
It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.
 
mrplunkey said:
It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.
Click to expand...


*offers to go in as equity partner*



:cow:
 
gotmilk said:
You know what would do well in your area? Another microbrewery where you make your own pale ales, stouts, pilsners, etc, with food too.
Click to expand...

We have a decent amount of those here. some have really fuckin good beer too. Int'l award winning ones.
 
mrplunkey said:
It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.
Click to expand...

Shit rob...considering the climate you could probably get grants from the feds that covered your operating expenses for reducing obesity...you wouldn't actually have to produce positive outcomes.
 
javaguru said:
Shit rob...considering the climate you could probably get grants from the feds that covered your operating expenses for reducing obesity...you wouldn't actually have to produce positive outcomes.
Click to expand...

^^^ correct.

Obamacare has billions of side-pork set aside for programs like this.

I ran across a guy the other day going after a grant in our own state. We have to decide if we're going to setup our own high-risk pool run by the state or let the feds take over. Well the obvious answer is for the state to run it (no one wants the feds moving in even more). Well this guy wants a grant, but not one to study the question. He's going after pork set aside to study the decision process the state uses to make its decision. Now that's pork at its finest.

And yes JG, those pork programs won't have to work. Getting those grants are far more about your political contributions history and far less about actually improving outcomes.

My startup would bypass the government pork machine all together and work directly with the insurance carriers.
 
mrplunkey said:
^^^ correct.

Obamacare has billions of side-pork set aside for programs like this.

I ran across a guy the other day going after a grant in our own state. We have to decide if we're going to setup our own high-risk pool run by the state or let the feds take over. Well the obvious answer is for the state to run it (no one wants the feds moving in even more). Well this guy wants a grant, but not one to study the question. He's going after pork set aside to study the decision process the state uses to make its decision. Now that's pork at its finest.

And yes JG, those pork programs won't have to work. Getting those grants are far more about your political contributions history and far less about actually improving outcomes.

My startup would bypass the government pork machine all together and work directly with the insurance carriers.
Click to expand...

I can provide you a list if you need sausage lover references.



just sayin'
 
samoth said:
Starting a real company would require millions in VC. Not much you can do with 100k -- that's just a bank loan for most people.
Click to expand...

You could easily start a technology licensing company. Millions of patents sitting at universities waiting to be sold.
 
samoth said:
Starting a real company would require millions in VC. Not much you can do with 100k -- that's just a bank loan for most people.





:cow:
Click to expand...

You're amazingly off on this one, my man. There are countless brands (some biggies, too) who started on shoestring budgets w/ no VC help. Completely depends on the type of product/service, overhead involved, etc. A LOT of things can be done with $100k or less.
 
mrplunkey said:
It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.
Click to expand...

What kind of plan would you use to reduce their costs?
 
samoth said:
Starting a real company would require millions in VC. Not much you can do with 100k -- that's just a bank loan for most people.

Starting a biopharma company would be interesting but not within the hypo. Same with a hedge fund, but again, 100k is trivial. You can't even buy a McDonald's franchise with several times that.

Other than small scale, high-risk ventures or partnerships where you're the minority holder, I can't think of anything you can really do with that.



:cow:
Click to expand...

ok mr i suddenly know everything about business because i started reading company press releases and the wall street journal 2 years ago....

you know what percentage of fortune 500 companies were started with less than $5,000? about 70-75%. Even if you factor in inflation, it's not a ton of money. Most successful companies were started through very limited personal savings or through resources acquired from friends and family.

Most "small scale" companies if successful can easily turn into much bigger entities. That's the general idea of entrepreneurship. To build something from scratch, mold it to your vision, and expand it.

The idea that you need millions in VC to create a successful company is hilarious, and clearly a statement made by someone who's never run their own business.
 
calveless wonder said:
Most "small scale" companies if successful can easily turn into much bigger entities. That's the general idea of entrepreneurship. To build something from scratch, mold it to your vision, and expand it.
Click to expand...

This. One of my clients partnered with a buddy and started a company back in '03 with $5k. They were on INC's 50 list by 2006 and had an exit in 2007 to WebMD for $260 million.
 
KillahBee said:
You're amazingly off on this one, my man. There are countless brands (some biggies, too) who started on shoestring budgets w/ no VC help. Completely depends on the type of product/service, overhead involved, etc. A LOT of things can be done with $100k or less.
Click to expand...

Samoth is suddenly mr know it all when it comes to business, yet he's completely devoid of the creative element when it comes to entrepreneurial skills. I laugh everytime he uses his little acronyms that most business people (who don't hang out in MBA forums or whatever) in the real world would have no idea what they mean, and assume the rest of us do. That doesn't mean you know about business, it just means you're a pompous presumptive jackass that clearly doesn't know his audience (another crucial element of business).

linear minded people should stick to their what they're good at...math/statistics and science.
 
Smurfy said:
What kind of plan would you use to reduce their costs?
Click to expand...

Let's say for example that we're working in obesity -- that's my favorite.

We'd hire (on a part-time consulting basis) nurse managers, nutrionalists, physical therapists, nurse practitioners, etc. etc.

Since you're dealing with such a small (relatively) number of patients, the nurse manager (primary point of contact) could work on semi-customized plans. It may be something simple like putting them on a meal plan (buy them something like nutrisystem if need be) or an exercise plan (buy them a membership at the Y if need be). There would be some up-front investment, but I'd contract with a local gym and meal plan service and get a volume discount.

We'd also look at hormones. Guys would be easier because I'd find the 40-50 year olds. If a guy committed to a modest eating and exercise plan, I'd qualify them for a low-does testosterone cream or HCG. This sounds very mercenary of me, but small amounts of drugs to restore their flagging hormone levels would be the carrot I would use to encourage them to make progress.

You could do something similar with diabetes. A lot of people on injections could move to pills with weight loss and exercise. Others can move from orals to nothing with weight loss and exercise. I'd put a full-blown reward for shifting downward. So if they no longer need blood glucose meters, testing strips and insulin, I'd take the money I get from the insurance company and split it with them.

So there would be no master plan, but rather a portfolio of 6-12 tools I'd mix-and-match to get their weights back into a manageable range. I'm sure it would completely fail a good 20%-40% of the time, but that's where qualifying patients would come into play. I wouldn't take high-risk patients that weren't motivated (or at least seemed motivated).
 
calveless wonder said:
ok mr i suddenly know everything about business because i started reading company press releases and the wall street journal 2 years ago....

you know what percentage of fortune 500 companies were started with less than $5,000? about 70-75%. Even if you factor in inflation, it's not a ton of money. Most successful companies were started through very limited personal savings or through resources acquired from friends and family.

Most "small scale" companies if successful can easily turn into much bigger entities. That's the general idea of entrepreneurship. To build something from scratch, mold it to your vision, and expand it.

The idea that you need millions in VC to create a successful company is hilarious, and clearly a statement made by someone who's never run their own business.
Click to expand...


Ah, the same logical fallacy as the anti-college people who constantly reference Bill Gates. I expected something moar coherent from you.

I listed conditionals which you conveniently omitted, but perhaps I should have added the (seemingly obvious) "successful" and "sustainable" qualifiers.

Yes, anyone can start a business, whether with $10 or $10M. Unfortunetly, things are moar complicated than your boilerplate 1) start business 2) ??? 3) profit! argument.

BTW, all of the F500 companies have received billions in VC and investment capital from private and public offerings, so I'm not sure what you're trying to argue there.




:cow:
 
samoth said:
Ah, the same logical fallacy as the anti-college people who constantly reference Bill Gates. I expected something moar coherent from you.

I listed conditionals which you conveniently omitted, but perhaps I should have added the (seemingly obvious) "successful" and "sustainable" qualifiers.

Yes, anyone can start a business, whether with $10 or $10M. Unfortunetly, things are moar complicated than your boilerplate 1) start business 2) ??? 3) profit! argument.

BTW, all of the F500 companies have received billions in VC and investment capital from private and public offerings, so I'm not sure what you're trying to argue there.




:cow:
Click to expand...

after they had already established a successful business model and started to experience significant growth.

they weren't VC startups.

again

real world > press releases/MBA forums
 
calveless wonder said:
Samoth is suddenly mr know it all when it comes to business, yet he's completely devoid of the creative element when it comes to entrepreneurial skills. I laugh everytime he uses his little acronyms that most business people (who don't hang out in MBA forums or whatever) in the real world would have no idea what they mean, and assume the rest of us do. That doesn't mean you know about business, it just means you're a pompous presumptive jackass that clearly doesn't know his audience (another crucial element of business).

linear minded people should stick to their what they're good at...math/statistics and science.
Click to expand...


I never claimed to be an entrepreneur or businessperson.

Any acronym I use is common to the context in which I'm using it and first-search googlable or wikipediable. It is the internet age, man. Get with the times.

I would say you're strangly mad ITT, but reading back, I see that you just read something totally general and took it personally.

Instead of the ad homs, perhaps try formulating a counter-argument? This thread isn't about CW, man.



:cow:
 
calveless wonder said:
after they had already established a successful business model and started to experience significant growth.

they weren't VC startups.

again

real world > press releases/MBA forums
Click to expand...


Ah, so the thread is only about *starting* a business. Sure, I conceed to that. Anyone can start a business. Seems like that hypo would yield a pointless thread, though.

So we're just talking about the 'starting a business dream' part of it, and assuming that it will be successful, go public and make millions? Hmm... okay. I hate to rain on everyone's parade, so carry on.



:cow:
 
samoth said:
I never claimed to be an entrepreneur or businessperson.

Any acronym I use is common to the context in which I'm using it and first-search googlable or wikipediable. It is the internet age, man. Get with the times.

I would say you're strangly mad ITT, but reading back, I see that you just read something totally general and took it personally.

Instead of the ad homs, perhaps try formulating a counter-argument? This thread isn't about CW, man.



:cow:
Click to expand...

The smug nature of your comments in relation to business and way of phrasing things as absolute indicate otherwise.

and there you go changing to the lawyer again. it's the internet...we're in C&C, on a steroid forum. This isn't a court room. No one needs to formally construct an argument to get their point across. There's validity in what i say, regardless of what else i throw in there.
 
calveless wonder said:
The smug nature of your comments in relation to business and way of phrasing things as
absolute indicate otherwise.
Click to expand...


Okay, since you brought up stats... perhaps you can link me to a journal that takes a random selection of n individuals who started a business and what their success rate and returns were after a given period of time.


and there you go changing to the lawyer again. it's the internet...we're in C&C, on a steroid forum. This isn't a court room. No one needs to formally construct an argument to get their point across.
Click to expand...


No, it's a disussion board. Discussion usually involves something more substantive than "fuck u" and "lol ur geigh". Perhaps that's what you meant by "knowing your audience"?


There's validity in what i say, regardless of what else i throw in there.
Click to expand...


And if everyone uses that line of reasoning... that must means we're all right about whatever we type on this chatblog and thus self-validated!

(I never dismissed your validity; I merely wished to pursue a discussion pertaining to the thread. Jeez, sorry you got so butthurt.)



:cow:
 
I just remembered an idea I had a few years ago...

www.springerscam.com

Here's what you do. It's an online site that you'd pay $100-$200 to that would anonymously prepare a fake invitation to the Jerry Springer show. It would have a personalized invitation and a release form mailed to the would-be guest to sign and turn-in. The form would explain that once it is signed and returned, you would be given a plane ticket and hotel accommodations in Connecticut (where they tape the show). It would also leave just enough hints to make sure whoever gets it goes absolutely nuts. Of course you don't send them a ticket, nor is the invitation even real. But there would be a fake "producer" who would follow-up on the phone to make sure the named people really think the show is going down.

So picture this: You get an invitation to the Jerry Springer show. It's the "My Girlfriend Has a Secret" episode. Are you not going to completely ream whoever you are dating? Would that not make their lives complete hell?
 
I don't have any entrepreneurial aspirations or a business plan.

I'm destined to always sell my hole ... I mean my soul to the man :(
 
BrosNoes.com = will be the answer to all trick's problems

When you walk into a titty bar, nobody knows what they're getting except the towny regs.

Originality, what strip clubs have actually pics of the chicks, times they work, how slutty they are? They don't cus it's all confidential. There needs to be a site where u can shop for the hotties and hear stories about em. It'll be like a barcode for all club gurus, a free forum open to all.

#1 dudes that buy the high end escorts are business dudes, out of towners, travel alot and probably married. Where's the hotties in the city they're going to and how can they contact them

Advertise on Eros.com/eroticreview. When u see these hooker on backpage ad'n, how do bros know if they're legit, do they look IRL like their ad pics? How do they perform?

Main problem will be getting face shots of the strippers, cus it's dark in the club and phone shots will get u the boot quick. So it's gotta be smooth

BrosNoes will be a supermarket to all the strippers/hookers, not just in the US but eventually the world.
 
mrplunkey said:
It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.
Click to expand...

Best idea so far.
 
MrPlunkey your ideas are tbe bomb.

For me, government consulting, for sure, but I wouldn't need $100k to do it. Maybe to last me through the lean times between contracts at the beginning.
 
KillahBee said:
Already in the process - an unconventional marketing service.

I'd also like to open a grilled cheese restaurant / bar with innovative grilled cheese variations and drink pairings.

And a mobile car wash service aimed at suburbia.
Click to expand...

I believe they already have one in NYC that does well. Saw it on some food network show.

I would like to do that as well. I am the facking master at the grilled cheese.
 
I am in the middle of my second start up company. I am backed by private equity and in a field I have worked in for almost 30 yrs.

I will do this and maybe one more of these in the same industry then I want to retire to Maui and am going to do several cool things with some of my buddies I worked with overseas.

Bistro with a Jazz bar attached, fishing Charter/Scuba and real estate rentals. All things we have experience in and or some real passion for. This day really can't come soon enough.

One friend is a good lawyer and the other is a wall street analyst but our wives are smart and harder workers so they will make this all work while we focus on fishing and the bar part.
 
Last edited:
lartinos said:
I plan on eventually diversifying into more things than what I currently do.
Still trying to brainstorm exactly what direction I will be going, but I have an idea.
If you could quit your day job tomorrow and had 100,000 to invest what would you do with it. No gladiator type bullshit answers about real estate, stocks, or fawking silver unless you are already in that industry.
Click to expand...

Actually passed a storefront location that went out of business recently. The location is perfect, their business was not, was some ice cream place.

Its in a high traffic area on the campus of Towson University. I think it would be perfect for an English style pub with unique English cask ales, flat screen TV's showing Premier League ball and Rugby, and some good English pub fare (oxymoron right).

It would be a niche market bar but I think it would do well, there is nothing like that on or close to the campus and I know the crew of athlete's I use to hang out with back in college would have loved a place like that. Add in some darts, pool, beer pong tournaments, flip cup, etc. I'd like to open a bar like that.
 
Captain FT said:
Actually passed a storefront location that went out of business recently. The location is perfect, their business was not, was some ice cream place.

Its in a high traffic area on the campus of Towson University. I think it would be perfect for an English style pub with unique English cask ales, flat screen TV's showing Premier League ball and Rugby, and some good English pub fare (oxymoron right).

It would be a niche market bar but I think it would do well, there is nothing like that on or close to the campus and I know the crew of athlete's I use to hang out with back in college would have loved a place like that. Add in some darts, pool, beer pong tournaments, flip cup, etc. I'd like to open a bar like that.
Click to expand...

I used to brawl them Towson nuggas all the time back in the day.
 
Opening my own boxing club in 2 yrs. I already work as an assistant trainer as my second job and the connections are there. I'll bring in pro boxers and establish trainers. Boxing community I'm already well known and helping people learn the craft isn't work to me, it's all play for me. I know the right people to get involved, just need right investors. My dream will become reality.
 
AztecWarrior said:
Opening my own boxing club in 2 yrs. I already work as an assistant trainer as my second job and the connections are there. I'll bring in pro boxers and establish trainers. Boxing community I'm already well known and helping people learn the craft isn't work to me, it's all play for me. I know the right people to get involved, just need right investors. My dream will become reality.
Click to expand...

Interesting. I met a boxing trainer at my business (yeah I already own one but it's pretty cool but not some amazing idea worth describing in this thread) and he's just training people at this local gym that's mostly to keep kids of the streets. Very cool guy. Attitude was humble but confident.

I hope you make it, dude. Boxing is truly a sweet science.
 
Lumberg said:
Interesting. I met a boxing trainer at my business (yeah I already own one but it's pretty cool but not some amazing idea worth describing in this thread) and he's just training people at this local gym that's mostly to keep kids of the streets. Very cool guy. Attitude was humble but confident.

I hope you make it, dude. Boxing is truly a sweet science.
Click to expand...

Yeah, I don't make much on the side helping kids to learn how to box but I love it. If it wasn't for a boxing club, I know I would of been in prison or some shit. Being an inner city kid, you need to be involved in something positive because bad things will find you. I wouldn't mind opening up a regular fitness gym too. I believe you should always stick with things you love to do. If you love it, you'll do it well.
 
the.gladiator1987 said:
lol @ starting a restaurant in this economy. I like the grilled chz idea tho for sure thats original

My dream - own gym and nutrition store inside my gym.
Currently working on - nutrition store, silver, own apricot farm (no joke)
Click to expand...

there's a gym like that on every block, plus it costs a ton of money, plus only corporate gyms make it nowadays....i would start with "working as a trainer" or "fitness salesman" before I jump to "badass corporate gym owner driving a ferrari" :)
 
the_alcatraz said:
there's a gym like that on every block, plus it costs a ton of money, plus only corporate gyms make it nowadays....i would start with "working as a trainer" or "fitness salesman" before I jump to "badass corporate gym owner driving a ferrari" :)
Click to expand...

lol.... at his loling!
That would actually take work Traz.
 
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