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I just borrowed $40,000 and want to start a business. Ideas?
- Thread starter ThLunarian
- Start date
somecrazymember
Banned
Invest in me. Motion designer, i need an office
^ This. With so many tickets, you have to win something. That's like physics man.
Orbis Tabula
Member
Wait.
You're a former ballroom dance instructor and social justice warrior with an interest in music theory and access to a bunch of property you own, and can't figure out how to put all those resources together?
Shoot a damn musical, man! You can write it, choreograph it, direct it, you own the sets. Man, this is so easy. It could be about the fight for social justice in the MtG community.
You've already raised the money! All you need to do is find the worst play ever written! Step two, hire the worst director in town! Step three, hire the worst actors in New York! Step four, we open on Broadway and before you can say step five, we close on Broadway, take our two million, and go to Rrrrrio!
We. Can. Do it.
You're a former ballroom dance instructor and social justice warrior with an interest in music theory and access to a bunch of property you own, and can't figure out how to put all those resources together?
Shoot a damn musical, man! You can write it, choreograph it, direct it, you own the sets. Man, this is so easy. It could be about the fight for social justice in the MtG community.
You've already raised the money! All you need to do is find the worst play ever written! Step two, hire the worst director in town! Step three, hire the worst actors in New York! Step four, we open on Broadway and before you can say step five, we close on Broadway, take our two million, and go to Rrrrrio!
We. Can. Do it.
ghostwritingduck
Member
Banks will give out large personal loans at interest rates that you shouldnt take of your credit and income is solid.
Fantastapotamus
Wrong about commas, wrong about everything
This is an amazing thread
Monkeyball
Banned
You can spread at least 400 buttcheeks with that kind of money.
Trail Guide
Member
I don't understand how you build a futures market based off another company's intellectual property without Hasbro suing you, and without some form of regulation? You're going to need a lot more than 40k for an app if your business revolves around investing.
Linkstrikesback
Member
This is right thing to do. You'll end up a bit out of pocket from the interest but if you try and do anything else you're far more likely to have burnt 40k+ interest on some idea that's doomed to fail.
SomedayTheFire
Member
A futures market on mtg cards? hahah
nephilimdj
Member
Bubble tea is prob the best low captial business at the moment
teas + coconut milk + canned asian berries + milk
Realistic look at things
Nearly everything would come from Asian distro, made in China berries and coconut milk.. cheap as hell.
Tea's are pretty generic, oolong and such are not sold at most.
Milk is only fresh product you will need.
Low skill, teenage low wage employees.
Premium price on the products that look premium but are really from a bunch of 50cent cans from china/phil/thailand/vietnam
teas + coconut milk + canned asian berries + milk
Realistic look at things
Nearly everything would come from Asian distro, made in China berries and coconut milk.. cheap as hell.
Tea's are pretty generic, oolong and such are not sold at most.
Milk is only fresh product you will need.
Low skill, teenage low wage employees.
Premium price on the products that look premium but are really from a bunch of 50cent cans from china/phil/thailand/vietnam
Daffy Duck
Member
Buy $40k's woth of SNES mini's.
I'll take a 10% cut of your profits for my suggestion.
No shit! One of these just opened here, I had no idea what the hell it was until I Googled it.
I'll take a 10% cut of your profits for my suggestion.
No shit! One of these just opened here, I had no idea what the hell it was until I Googled it.
Amory
Member
OP u trollin?
Because if not this is the best thread ever. Follow your dreams bud
Because if not this is the best thread ever. Follow your dreams bud
Bank probably figures once he fails theyll get a house out of it.
Enter The 36 Chambers
Member
Whoever approved your loan should be fired. And put In the stocks for 3 days
johancruijff
Banned
The Greek Freak
Member
1. Never borrow without a real plan (any real plan would burn most if not all of it before you could go plan B)
2. Never borrow to fund something you don't already have working on a smaller scale (unless it's a crowd funding thing where you can fuck them)
3. Never quit a job to start, you start as a side hustle then later quit to grow the side into the main income (unless you're a trust fund baby or have insane savings)
Not to be a dick, but as someone who has worked with lots of small new businesses in the last two years you seem like a cliched bad example of what not to do. For your sake I hope I'm wrong.
Edit: Really a mtg stock market? That would have been a bad teenager idea in the 90s. Go back to the 9-5 before you end up starving and homeless with this trash.
2. Never borrow to fund something you don't already have working on a smaller scale (unless it's a crowd funding thing where you can fuck them)
3. Never quit a job to start, you start as a side hustle then later quit to grow the side into the main income (unless you're a trust fund baby or have insane savings)
Not to be a dick, but as someone who has worked with lots of small new businesses in the last two years you seem like a cliched bad example of what not to do. For your sake I hope I'm wrong.
Edit: Really a mtg stock market? That would have been a bad teenager idea in the 90s. Go back to the 9-5 before you end up starving and homeless with this trash.
valkillmore
Member
Give the money to James Cameron so he can add a third nipple to Sam Worthington's avatar.
D
Deleted member 13876
Unconfirmed Member
A Magic the Gathering Online Exchange... Interesting, I don't see how that could go wrong.
You're not a rich man yet own and rent out two properties as well as (presumably) wherever you live yourself. Not rich...
I give up. GAF is weird.
You seem very matter of fact you've borrowed a chunk of money with literally no idea of what to do with it. Guess you must be good for it cos I figured banks want to see business plans etc when loaning money for that purpose and you seemingly have none.
You live in a different world to me.
I give up. GAF is weird.
You seem very matter of fact you've borrowed a chunk of money with literally no idea of what to do with it. Guess you must be good for it cos I figured banks want to see business plans etc when loaning money for that purpose and you seemingly have none.
You live in a different world to me.
He's extremely wealthy.
Heavy's Sandvich
Member
Sort your life out.
Daffy Duck
Member
Unless I see some mad stacks yo I am 99% sure this is a troll thread.
Someone check OP's post history, I'm on moBile.
I borrowed money to buy a few different products on Alibaba, rebrand them and sell them. So far I have been able to pay off the money I borrowed, however, the interest seems to have died down on the items so now I have to begin research on something else if I want to keep doing this.
BladeoftheImmortal
Member
Can you give a vague description of your idea and why you believe it won't be viable.
Dynamite Shikoku
Congratulations, you really deserve it!
Are you the frank phone guy
Daffy Duck
Member
Well six months ago in his first job out of college he got scammed out of a promotion at work......
http://www.neogaf.com/forum/showthread.php?t=1352654&highlight=
It does seem like his pizza delivery stuff checks out from some of his previous threads, I am still not sure on the fact he has a $40k loan though...
Discotheque
Banned
where's he gonna sell it at? a lemonade stand in front of his house?
he needs retail space and a venue that would bring in customers. preferably something shiny and lounge-like to warrant a lot of visitors and regulars etc.
lol good stuff