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Farren
Baron




Registration Date: 07.18.07
Location: Tasmania, Australia
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Thom here just wanting to know if any of you have any cool suggestions for a starting a small business.
I'm very keen to get myself started in this area and have toyed with getting into hospitality (cafe or Bar) but i'm thinking that its far to ambitious to start with, especially for a 20 year old kid.
I have also thought about supplying stuff for companies etc
very keen for your suggestions


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07.03.2011, 05:27 AM Farren is offline   Profile for Farren Add Farren to your buddy list
husky51
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Registration Date: 03.17.08
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first of all, a 20-year old KID you ain't... a 20-year old man with ideas would be more appropriate, to my thinking.

First of all, assess your strengths and capabilities. In what areas are you strong and what areas are you weak. An honest assessment is essential. Then go from there. I can't go any farther than that because anything further depends on you. What do you like to do? What are your hobbies, if any? That can have a great impact on any choice you make because it shows where your interests lie.

Good Luck, my friend...


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Orphic Okapi
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Registration Date: 04.08.07
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What's your budget? If you know your financial limits, you'll at least know what sort of business you can't afford to go into. I would guess, and bear in mind I know very little about business/finances/your particular situation, but I would guess that unless you have inherited a sizable amount or have been working like crazy since your early teens and saving every penny, then a cafe is probably out of reach. But I think a bar would still be a possibility.


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Post last edited by Orphic Okapi on 07.04.2011, 10:54 AM.
07.04.2011, 10:53 AM Orphic Okapi is offline   Profile for Orphic Okapi Add Orphic Okapi to your buddy list
Farren
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Registration Date: 07.18.07
Location: Tasmania, Australia
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i guess my strengths lie in art and design, which i never decided to gain certification through
my hobbies are; Art, animation, circus, exercise, martial arts and books, music and film. so you think i should look into these fields husky?

budget hmm not sure i am thinking to begin with something small maybe even ran from home if possible ( till i could afford to do more) That's an interesting way of looking at it yeah...so i'm quite strapped for cash, as im hitting japan in few months with mates.. but i was hoping to start next year with about 10-30 grand AUS
A bar ? really?! that seems way to ambitious for me, but it would be epic.


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Post last edited by Farren on 07.05.2011, 06:54 AM.
07.05.2011, 06:52 AM Farren is offline   Profile for Farren Add Farren to your buddy list
husky51
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You go with your strengths, Farren. It would be foolish to try and start-up something in which you have no experience at all.


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Roarkiller
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Registration Date: 06.03.03
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If you're any good, photography sounds like a better prospect. A friend of mine runs a bridal photography studio while still schooling.

Or if you're feeling hardworking enough, opening a craftshop might be more practical, since it can also double as a stationery shop, which is a safe venture either way. If you have the space, you can even reserve a corner for people to work away. Some hobby shops I know provide tables, and sometimes even loan equipment, for hobbyists to work away.

Heck, you could even hold art lessons, or rope in a partner who can teach art. Be a good crowd puller, especially the kids.


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quote:
Originally posted by fenkashi
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07.06.2011, 11:35 AM Roarkiller is offline   Profile for Roarkiller Add Roarkiller to your buddy list Homepage of Roarkiller
Farren
Baron




Registration Date: 07.18.07
Location: Tasmania, Australia
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yeah your right...

photography hmm?
wow there good ideas!,i've never really spent much time doing photography but its a novel idea.
hmmm thanks Roar!


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Calforsale
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Maybe try fining what there is a lack of in your area, and what demand there would be for it, and what locals are imterested in and with that choose something you'd be able to/enjoy doing.


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07.10.2011, 03:34 AM Calforsale is offline   Profile for Calforsale Add Calforsale to your buddy list
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