ThLunarian
Member
I had a business idea and borrowed money to get it started, but right now it looks like my idea might not work.
So now I have $40,000 that I borrowed from banks and, assuming that I'm right and my original idea won't work, I am looking for other ideas.
I like to play board games and puzzles. I've been into Magic the Gathering for 23 years. I follow politics very closely and consider myself a left wing social justice warrior. I am a licensed CPA but I don't have enough experience to open my own firm and I'm starting to think that it was the wrong career for me because accounting is boring. I like musical theory but I'm not very talented at performing. I really enjoy ballroom dancing and spent 9 months as an instructor at Arthur Murray. I am not very charismatic in person usually. I am an okay writer, but not good enough to make a career of it. I currently own three houses, two of which I am renting out at a tiny profit, and I am interested in eventually acquiring more real estate but I don't think I have enough capital to actually do that. I think I would make a great director for either movies or theater but I have no idea how to hone that skill.
I am paying interest on this money so I can't just give it away.
I don't want to invest it in some other business because I can't make a living off of that.
I am not a rich man so $40k is just about all I'll be able to spare.
That's all. I'm just looking for ideas here. Thanks folks
Edit: since many people have asked or have not realized that there was an idea originally, the idea was to start a futures market on Magic the Gathering cards, letting people buy options for them so they can speculate without actually buying the cards.
I took my time researching and developing a business plan and a schedule of cash flows. I submitted all of it to the bank, which granted my loan.
You can never plan for everything though, and a problem I was unable to foresee came up, rendering my plan unlikely to work.
And the reason I typed that long paragraph talking about myself was to help people come up with ideas related to things I enjoy. It was not intended as a display of relevant skills. But that doesn't seem like it's going to happen, and now it's looking like I will just return the money if my original idea becomes non-viable. So it goes.
Edit 2: I found a way to overcome the obstacle that was in the way of my original idea. So there is no need for a backup plan at this point. Thanks to everyone who had constructive advice for me.
So now I have $40,000 that I borrowed from banks and, assuming that I'm right and my original idea won't work, I am looking for other ideas.
I like to play board games and puzzles. I've been into Magic the Gathering for 23 years. I follow politics very closely and consider myself a left wing social justice warrior. I am a licensed CPA but I don't have enough experience to open my own firm and I'm starting to think that it was the wrong career for me because accounting is boring. I like musical theory but I'm not very talented at performing. I really enjoy ballroom dancing and spent 9 months as an instructor at Arthur Murray. I am not very charismatic in person usually. I am an okay writer, but not good enough to make a career of it. I currently own three houses, two of which I am renting out at a tiny profit, and I am interested in eventually acquiring more real estate but I don't think I have enough capital to actually do that. I think I would make a great director for either movies or theater but I have no idea how to hone that skill.
I am paying interest on this money so I can't just give it away.
I don't want to invest it in some other business because I can't make a living off of that.
I am not a rich man so $40k is just about all I'll be able to spare.
That's all. I'm just looking for ideas here. Thanks folks
Edit: since many people have asked or have not realized that there was an idea originally, the idea was to start a futures market on Magic the Gathering cards, letting people buy options for them so they can speculate without actually buying the cards.
I took my time researching and developing a business plan and a schedule of cash flows. I submitted all of it to the bank, which granted my loan.
You can never plan for everything though, and a problem I was unable to foresee came up, rendering my plan unlikely to work.
And the reason I typed that long paragraph talking about myself was to help people come up with ideas related to things I enjoy. It was not intended as a display of relevant skills. But that doesn't seem like it's going to happen, and now it's looking like I will just return the money if my original idea becomes non-viable. So it goes.
Edit 2: I found a way to overcome the obstacle that was in the way of my original idea. So there is no need for a backup plan at this point. Thanks to everyone who had constructive advice for me.
