Comments on: If you had $100, what business would you start?

By: What business would you start if there was nothing holding you back? | Dorm Room Biz

Tue, 12 Feb 2008 14:07:43 +0000

[...] little while ago I posed to question – If you had $100, what business would you start? It even prompted a follow up post on Blogtrepreneur where Adnan asked what kind of online business [...]

By: Rowdytown.net

Rowdytown.net — Sun, 27 Jan 2008 06:24:42 +0000

I’m not a student, but want to encourage the student entrepreneurs. My wife and I started our ebay business 3 years ago, with less than $100. When my employment was terminated, we started our business with our credit cards, which I do not recommend, but we have supported ourselves while still building the business. We started with selling collectibles and used items from auctions, thrift stores, or any place we found a deal. You make your money when you buy, not when you sell. We now sell mostly new items, with sales of $10-20,000 per month, depending on the season. New items are easier to sell as a business, but the collectibles are much, much more profitable. Stick to what you know, re-invest your profits, keep your expenses low, increase your knowledge, and be determined and honest. You can succeed, even when starting with nothing.

By: sc

sc — Mon, 21 Jan 2008 22:21:02 +0000

buy 1 orb 2 .asia extensions, make some room on my hosting account, get an opensource cms script and use the rest to pay a translator to translate properly the introductory pages.

By: Chris

Chris — Sun, 20 Jan 2008 20:46:51 +0000

Sounds like a MindPetals meet up David! Always a good idea.

By: Dave Askaripour

Dave Askaripour — Sun, 20 Jan 2008 06:03:19 +0000

I would use it to purchase some food and possibly some wine and then invite a group of people to discuss various ideas somewhere — maybe a cafe or someone’s house. And that would be the business. A business of sharing thoughts and inspiring each other. And, in time, you could also make some cash if you’d like…by sponsoring companies at each gathering. With $100 and the right effort, this can be done.

By: How Would You Make Money Online If You Only Had $10 To Invest?

How Would You Make Money Online If You Only Had $10 To Invest? — Thu, 17 Jan 2008 18:14:58 +0000

[...] I read a fantastic article by Chris from DormRoomBiz asking “If you had $100, what business would you start?” He goes on to explain in the article how his business classes are mostly based around theory [...]

By: Adnan

Adnan — Thu, 17 Jan 2008 17:39:25 +0000

Like Aaron, I too would focus on a service of some sort. I would setup a simple portfolio website (although that’s not even needed), and would then contact A LOT of people about content writing (which is something every blogger and website creator needs).

I could charge say $5-10 an article (for quick money), and if I could write for a whole day, and churn out 10 articles – could easily reach $100 a day.

Makes you think how much you could earn if you just put in a bit of effort one day!

By: Jacob

Jacob — Thu, 17 Jan 2008 07:40:29 +0000

Buy up a domain–like the few I already own–and start building out a site and writing. I would use the $100 to purchase some ads to get the site some traffic and draw some eyes to my writing.

By: Website Translation

Website Translation — Wed, 16 Jan 2008 20:08:29 +0000

I would start a service business. Quick money, very little inventory or overhead costs and quick turn around for cash. Cash flow is one of the biggest reasons businesses fail. In service industries you get paid as soon as the service is completed so you aren’t really fronting any money. Once you build up that business and have positive cash flow you can afford to invest in other more front loaded businesses.

Additionally, service industries teach you about customer services, sales and management. Providing you with a strong foundation for future ventures.

By: Paul Ocal

Paul Ocal — Wed, 16 Jan 2008 18:51:14 +0000

I would probably buy a domain, print some business cards and start freelancing…