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  3. How do you start a company with 5000$ - any ideas? any opinions?

How do you start a company with 5000$ - any ideas? any opinions?

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  • J Jim Crafton

    Completely disagree. There are stupid ideas. They may still make you money, but only because there are enough gullible people out there to buy into it. Giving massive loans to people without the income to pay them back is a stupid idea. Some people made money off it.

    ¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow

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    Rama Krishna Vavilala
    wrote on last edited by
    #38

    Jim Crafton wrote:

    Some people made money off it.

    Then in their context it was not a stupid idea. It was an idea which made money.

    Jim Crafton wrote:

    there are enough gullible people out there to buy into it

    That, my friend, is marketing.

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    • R R Giskard Reventlov

      Write a business plan. Even if you ar enot trying to sell the idea or raise money it gives you a route map of things you have to do to make the business work. Include a marketing plan, an executive summary(the whole thing in 2 paragraphs) and, last but not least, construct an elevator pitch: can you sell the idea in 30 seconds? If you can't it probably does not have any legs - if you can't explain it you don't understand it or it's incomplete and not yet viable. I've started ventures on less than that: some worked, some bombed big time. You don't try, you'll never know. Good luck.

      Tychotics "The dinosaurs became extinct because they didn't have a space program. And if we become extinct because we don't have a space program, it'll serve us right!" Larry Niven

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      Smart Not Clever
      wrote on last edited by
      #39

      No one is going to invest a dollar in my firm.It's just destined to start from nothing. The question is how? and when ? - can it be codeproject ! ______________________________________________________________ Redefine Defnition - (welcome to the next level of programing) [ T&C Vectors] [Enterprise Nervous Systems]

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      • M Mechanical

        Smart-Not-Clever wrote:

        what if everything is done- idea is big. product is ready. registraion is all done. only need to sell

        [0] Spend some money on marketing. [1] Make a simple, easy to navigate website. [2] Do a lot of SEO. Have the SEO people write about your product in blogs etc - Complete lies will work better. [3] Offer all kinds of businesses (big and small) - Different license types for people with different amounts of money. [4] Put up a trial version to download and test - Make it less buggy - Bugs in trial version will kill your product.

        NULL

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        Smart Not Clever
        wrote on last edited by
        #40

        advise taken well - _____________________________________________________ Redefine Defnition - (welcome to the next level of programing) [ T&C Vectors] [Enterprise Nervous Systems]

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        • D Dalek Dave

          Shameless and Obvious Advertising Breaches The Spirit of the Law and the Letter of the Law. However a small link in the sig and a namecheck is common and not overly frowned upon. As said above, subtlety works better than a slap in the face, and less is more.

          ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

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          Smart Not Clever
          wrote on last edited by
          #41

          Now I have to start working on my - Reputation ! :) _____________________________________________________________ Redefine Defnition - (welcome to the next level of programing) [ T&C Vectors] [Enterprise Nervous Systems]

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          • S Smart Not Clever

            How do you go about starting a company with 5000$ - any ideas? any opinions?

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            Ray Cassick
            wrote on last edited by
            #42

            Send me the 5k and I will tell you. :)


            LinkedIn[^] | Blog[^] | Twitter[^]

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            • S Smart Not Clever

              How do you go about starting a company with 5000$ - any ideas? any opinions?

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              Gregory Gadow
              wrote on last edited by
              #43

              I started a business as a humanist celebrant, ie someone who does non-religiou weddings, funerals and other ceremonies of life. The United States has rather loose rules with regards to religion, as our Constitution prohibit any legal definition or restriction of "religion." So, I simply got a mail-order "ordination" from the Universal Life Church, designed a simple website and wrote advertising copy for some of Seattle's weekly newspapers. Over the course of 4 years, I did 32 legal marriages, 3 wedding ceremonies (two were same-sex unions, one was non marriage commitment), 2 adoption ceremonies, 6 funerals and one coming-of-age. I ran it as a hobby, so it never made a profit; if I had $5000 to start with and was otherwise unemployed, I would have put in a lot more effort and probably could have made it work on-going. I had also begun the process to become certified by the Humanist Society which would have let me drop the ULC affiliation. I ended the business when work as a programmer picked up. It was a lot of fun, and if I ever semi-retire again, I will definitely take it back up.

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              • S Smart Not Clever

                How do you go about starting a company with 5000$ - any ideas? any opinions?

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                ErrolErrol
                wrote on last edited by
                #44

                This is a trick question. It would be best to start with more money. It would be best to just stay home. But, if you are sure that you want to go, then I would suggest a couple of things for you to do. Check your motivations. Create or borrow a map, even if only fragments. Treat every decision as a life-or-death point. Think hard thoughts. Act as though you are in a lifeboat in the middle of the North Atlantic, that will help you decide who you want pulling on the oars with you and it will help you visualize what you are going to attempt. You are not really going alone, are you? Never even think about getting out of the boat, ever. Hope for luck, but don't count on it. Don't risk other peoples happiness or well-being. Make sure that your companions understand the trip. Learn to swim really well, just in case. Only work on things that keep the boat afloat and moving toward the shore. Be prepared to throw people to the sharks. You will NOT be able to save everyone, not everyone will have your passion or your willingness to suffer, so prepare for regret before you go. And on, and on, and on.....

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                • S Smart Not Clever

                  How do you go about starting a company with 5000$ - any ideas? any opinions?

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                  Sterling Camden independent consultant
                  wrote on last edited by
                  #45

                  I started my company on about $2800. Computer and business license. Been in business ever since. But my business requires no inventory or employees -- just my own brainpower.

                  Contains coding, but not narcotic.

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                  • J Jim Crafton

                    Well congrats for him. All that proves is that PT Barnum's observation of "There's a sucker born every minute" is still alive and well.

                    ¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow

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                    BrainiacV
                    wrote on last edited by
                    #46

                    That's "A potential customer is born approximately every sixty seconds." And hopefully not that infrequently.

                    Psychosis at 10 Film at 11

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                    • J Jim Crafton

                      Completely disagree. There are stupid ideas. They may still make you money, but only because there are enough gullible people out there to buy into it. Giving massive loans to people without the income to pay them back is a stupid idea. Some people made money off it.

                      ¡El diablo está en mis pantalones! ¡Mire, mire! SELECT * FROM User WHERE Clue > 0 0 rows returned Save an Orange - Use the VCF! Personal 3D projects Just Say No to Web 2 Point Blow

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                      BrainiacV
                      wrote on last edited by
                      #47

                      As well as "Pet Rocks."

                      Psychosis at 10 Film at 11

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