What business to start with £250k?
31 July 2006, 03:10 PM
#32
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Originally Posted by KiwiGTI
What about a luxury dog/cat hotel, with pickup and delivery services to London households.
31 July 2006, 04:37 PM
#33
And easy to extend with other value added services too - you could meet people at the airport and take their pets off them so there is no inconvenience when travelling.
Then meet them as they return.
I had a couple of dogs back in Australia and when you are off on holidays it was a real hassle driving out to the country to a kennels especially with everything else you do in a mad rush in those last few days before you leave.
As with almost anything basic services already exist but all you have to do in modern Britain today is wrap it up with a corporate face, market it as a luxury and you'll be rich.
Then meet them as they return.
I had a couple of dogs back in Australia and when you are off on holidays it was a real hassle driving out to the country to a kennels especially with everything else you do in a mad rush in those last few days before you leave.
As with almost anything basic services already exist but all you have to do in modern Britain today is wrap it up with a corporate face, market it as a luxury and you'll be rich.
Last edited by KiwiGTI; 31 July 2006 at 04:40 PM.
31 July 2006, 04:45 PM
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KiwiGTi - not a bad idea but maybe not best suited to a new mum 
.
Maybe a website that allows like minded cat owners to share looking after each others pets is the way to go
.Maybe a website that allows like minded cat owners to share looking after each others pets is the way to go
31 July 2006, 04:46 PM
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Thanks for all the comments so far.
TB, its not my total savings. It doesn't include significant share options that are worth that amount again. Even if it was my total savings I don't think its madness to invest it all. I know people who started their set ups with all their savings + remortgage + borrowed from family. It depends how sure you about your idea. Its a gamble, but thats how money is made. imho.
The pet thing is not for me. Its not something I could be passionate about, and I'm sure something like that already exists.
Rannoch, what does your set up do?
TB, its not my total savings. It doesn't include significant share options that are worth that amount again. Even if it was my total savings I don't think its madness to invest it all. I know people who started their set ups with all their savings + remortgage + borrowed from family. It depends how sure you about your idea. Its a gamble, but thats how money is made. imho.
The pet thing is not for me. Its not something I could be passionate about, and I'm sure something like that already exists.
Rannoch, what does your set up do?
31 July 2006, 04:49 PM
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Originally Posted by babyboy
I know people who started their set ups with all their savings + remortgage + borrowed from family.
and not once would they have had to ask others what sort of business they should run!
31 July 2006, 04:53 PM
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Originally Posted by The Snug Rhino
and not once would they have had to ask others what sort of business they should run!
31 July 2006, 05:19 PM
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Originally Posted by babyboy
How do you know? Stick to selling mortgages mate.
because no business owner in their right mind would start one if the only way he could figure out what to do was to ask someone else.
mortgages? never sold one in my life.......i wouldnt pick mind reading as your next venture.
31 July 2006, 05:26 PM
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31 July 2006, 05:31 PM
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31 July 2006, 05:33 PM
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[QUOTE=The Snug Rhino]because no business owner in their right mind would start one if the only way he could figure out what to do was to ask someone else.
Its just one very small way of researching. Chips comments on franchises were very helpful as I'd never really thought of that. Well I had but thought (maybe wrongly) that they were a rip off
If you read my original post you'll see that its really a sideline I'm after, mainly for the wife. I would only join if it suddenly flew. I'm not trying to be the next Rich Branson and hence asking for ideas is actually not that unreasonable. I'm not quite sure what makes you guys think that just because I've posed the question that means I automatically lack any chance of being successful.
If someone came on here and said eg should I retrain as a 'x'. Would that mean he could never be succesful as a 'x' because he dared to ask the question?
I was hoping to get responses from people who may run their own businesses on here and that might spark something in my imagination. Instead I get people like you, who I presume don't run their own business talking ****e
I thought you were some kind of IFA, I must have got it wrong. Please correct me what do you do? I only ask as I'd like to know how qualified you are to comment so authoratively on the matter
Its just one very small way of researching. Chips comments on franchises were very helpful as I'd never really thought of that. Well I had but thought (maybe wrongly) that they were a rip off
If you read my original post you'll see that its really a sideline I'm after, mainly for the wife. I would only join if it suddenly flew. I'm not trying to be the next Rich Branson and hence asking for ideas is actually not that unreasonable. I'm not quite sure what makes you guys think that just because I've posed the question that means I automatically lack any chance of being successful.
If someone came on here and said eg should I retrain as a 'x'. Would that mean he could never be succesful as a 'x' because he dared to ask the question?
I was hoping to get responses from people who may run their own businesses on here and that might spark something in my imagination. Instead I get people like you, who I presume don't run their own business talking ****e
I thought you were some kind of IFA, I must have got it wrong. Please correct me what do you do? I only ask as I'd like to know how qualified you are to comment so authoratively on the matter
31 July 2006, 05:39 PM
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[QUOTE=babyboy]
I am an IFA - i place investments in trust for IHT planning. i do this via my own company, i make a lot of money.....and i never asked anyone what line of work i should be in.
research your chosen field by all means...but finding a job by asking others should be limited to 6th formers.
Originally Posted by The Snug Rhino
because no business owner in their right mind would start one if the only way he could figure out what to do was to ask someone else.
Its just one very small way of researching. Chips comments on franchises were very helpful as I'd never really thought of that. Well I had but thought (maybe wrongly) that they were a rip off
If you read my original post you'll see that its really a sideline I'm after, mainly for the wife. I would only join if it suddenly flew. I'm not trying to be the next Rich Branson and hence asking for ideas is actually not that unreasonable. I'm not quite sure what makes you guys think that just because I've posed the question that means I automatically lack any chance of being successful.
If someone came on here and said eg should I retrain as a 'x'. Would that mean he could never be succesful as a 'x' because he dared to ask the question?
I was hoping to get responses from people who may run their own businesses on here and that might spark something in my imagination. Instead I get people like you, who I presume don't run their own business talking ****e
I thought you were some kind of IFA, I must have got it wrong. Please correct me what do you do? I only ask as I'd like to know how qualified you are to comment so authoratively on the matter
Its just one very small way of researching. Chips comments on franchises were very helpful as I'd never really thought of that. Well I had but thought (maybe wrongly) that they were a rip off
If you read my original post you'll see that its really a sideline I'm after, mainly for the wife. I would only join if it suddenly flew. I'm not trying to be the next Rich Branson and hence asking for ideas is actually not that unreasonable. I'm not quite sure what makes you guys think that just because I've posed the question that means I automatically lack any chance of being successful.
If someone came on here and said eg should I retrain as a 'x'. Would that mean he could never be succesful as a 'x' because he dared to ask the question?
I was hoping to get responses from people who may run their own businesses on here and that might spark something in my imagination. Instead I get people like you, who I presume don't run their own business talking ****e
I thought you were some kind of IFA, I must have got it wrong. Please correct me what do you do? I only ask as I'd like to know how qualified you are to comment so authoratively on the matter
research your chosen field by all means...but finding a job by asking others should be limited to 6th formers.
31 July 2006, 06:05 PM
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I think your best bet maybe to become a business angel and invest lots of smaller amounts in start-ups/new businesses and take an equity stake. You wont need to put in lots (my last company got seed funding from 2 millionaires who put in 20k each initially). You will be able to get a larger slice of the pie dealing with start-ups (riskier, yes) than established businesses and wont have all your eggs in one basket.
Franchises, avoid like the plague they should be outlawed in my opinion and if you like I'll post a link to a post I made on UK business forums that give numerous reasons why they should be avoided. On that same forum you will find numerous disgruntled franchisees too.
Gary
Franchises, avoid like the plague they should be outlawed in my opinion and if you like I'll post a link to a post I made on UK business forums that give numerous reasons why they should be avoided. On that same forum you will find numerous disgruntled franchisees too.
Gary
31 July 2006, 06:47 PM
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Got any dentist friends? Find one with experience but who is still working as an associate. Set up a new practice in partnership. You fund the premises and equipment and use your business skills to establish a quality private clinic with space for 3 or 4 surgeries. Once you are well established work a double shift system and open from 8 to 8 and Saturday mornings. The money will roll in and you and partner take around 45 - 50% of associate dentists' fees. Many dentists haven't a clue about business and what a modern premises should look like and don't have a clue about decent marketing aside from "word of mouth" if you'll excuse the pun. You could even open as an NHS practice and be prepared for long queues 
dl
dl
31 July 2006, 07:17 PM
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theres a bloke near us delivers lager, wine, spirits,cigarettes to your door 24/7
so when you run out at your bbq or party or just home from the pub you give him a ring he drops it off ..double the price plus £2 delivery..i kid you not £25 for a tray of lager that costs £12 in asda
and hes run off his feet
probably not for this poster but a good little business all the same
so when you run out at your bbq or party or just home from the pub you give him a ring he drops it off ..double the price plus £2 delivery..i kid you not £25 for a tray of lager that costs £12 in asda
and hes run off his feet
probably not for this poster but a good little business all the same
31 July 2006, 07:46 PM
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[QUOTE=The Snug Rhino]
I am an IFA - i place investments in trust for IHT planning. i do this via my own company, i make a lot of money.....and i never asked anyone what line of work i should be in.
research your chosen field by all means...but finding a job by asking others should be limited to 6th formers.
I'm not finding a job am I? I have one. Please read the post
Must say your line of work sounds really interesting and rewarding
Maybe mines not so bad after all
Originally Posted by babyboy
I am an IFA - i place investments in trust for IHT planning. i do this via my own company, i make a lot of money.....and i never asked anyone what line of work i should be in.
research your chosen field by all means...but finding a job by asking others should be limited to 6th formers.
Must say your line of work sounds really interesting and rewarding
Maybe mines not so bad after all
31 July 2006, 07:59 PM
#51
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Gary, I have considered that before, especially after watching the dragons den! Problem is though I think one should have run at least one business before being a vc. I'm not qualified for the role.
I'm interested in your views on franchises though as that was always my assumption. Do you think there are exceptions though ie McDonalds etc (before the health concerns)
Paul, thats not a bad idea (Raffling cars) Obviously there are already things like best of the best, but they only do cars. No reason why you couldn't do boats or appeal to the female pound with whatever they are into
Audilover, not quite sure what thats all about
David, yes I do have dentist friends. Its not quite as easy as you make out. Fees structures have been squeezed for them on the NHS and the private side is very competitive. The British don't like to spend money on teeth in quite the same way as for example the americans do.
Thanks for all the opinions so far. Its good to see the debate has moved on from just calling me an idiot for asking the question
I'm interested in your views on franchises though as that was always my assumption. Do you think there are exceptions though ie McDonalds etc (before the health concerns)
Paul, thats not a bad idea (Raffling cars) Obviously there are already things like best of the best, but they only do cars. No reason why you couldn't do boats or appeal to the female pound with whatever they are into
Audilover, not quite sure what thats all about
David, yes I do have dentist friends. Its not quite as easy as you make out. Fees structures have been squeezed for them on the NHS and the private side is very competitive. The British don't like to spend money on teeth in quite the same way as for example the americans do.
Thanks for all the opinions so far. Its good to see the debate has moved on from just calling me an idiot for asking the question
31 July 2006, 08:07 PM
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im not a buisness man but i am a father and all i can say is if you can afford to do something that will mean spending more time with your child than do it because the rewards are greater.
sounds a bit sloppy but is true,ive done it.
sounds a bit sloppy but is true,ive done it.
31 July 2006, 08:22 PM
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Originally Posted by image doctor
Why would you ask a bunch of debt ridden geeks who struggle to run 10k cars and still live at home with mummy.
Yes I was at the Prodrive day yesterday and I saw them all too
31 July 2006, 08:30 PM
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'Investing in one of those russian run farms in kazagkstan where rich business men from all over the world come to act out theyre fantasies with the animals'
spot on audilover....as you become older and richer you lose the inhibitions and sharing a bed with a urangatang is second nature rich men will pay a lot to suckle the udder of the white rhino
'David, yes I do have dentist friends'
there lies the problem...someone coming onto scoobynet openly admitting to that and asking for financial advice off keyboard cowboys...it just doesnt add up
are you really considering any of these ideas????
you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea
it is just a clever way to tell the average scoobynetter how much you are worth
Lord Shrek.....taking on those that have and those that come up with crap business ideas
spot on audilover....as you become older and richer you lose the inhibitions and sharing a bed with a urangatang is second nature
rich men will pay a lot to suckle the udder of the white rhino 'David, yes I do have dentist friends'
there lies the problem...someone coming onto scoobynet openly admitting to that and asking for financial advice off keyboard cowboys...it just doesnt add up
are you really considering any of these ideas????
you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea
it is just a clever way to tell the average scoobynetter how much you are worth
Lord Shrek.....taking on those that have and those that come up with crap business ideas
31 July 2006, 08:33 PM
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if you have £250k you don't want feel free to give it to me, i'll "invest" it for you 
31 July 2006, 08:46 PM
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Originally Posted by babyboy
Gary, I have considered that before, especially after watching the dragons den! Problem is though I think one should have run at least one business before being a vc. I'm not qualified for the role.
Originally Posted by babyboy
I'm interested in your views on franchises though as that was always my assumption. Do you think there are exceptions though ie McDonalds etc (before the health concerns)
Here you go my post is the third one down, that wasnt an exhaustive list but I think franchises are con jobs, yes there are exceptions, Maccys, Snap-on are about the only two that spring to mind. Hey you can spend £7K on an oven clean franchise or buy a couple of packs of mr muscle oven clean and cloths and spend the remaining £6995 on marketing!
As above you need to find something you have a real interest/passion for as that is always a good start for a business.
Good luck
Gary
Last edited by GaryK; 31 July 2006 at 10:03 PM.
31 July 2006, 08:59 PM
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Originally Posted by babyboy
......
David, yes I do have dentist friends. Its not quite as easy as you make out. Fees structures have been squeezed for them on the NHS and the private side is very competitive. The British don't like to spend money on teeth in quite the same way as for example the americans do.
Shrek - you can just **** off.
dl
31 July 2006, 09:13 PM
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[quote] you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea [quote]
as said in first post not for this guy but a good little business all the same
the guy probably makes 1k a week not many pizza boys on that round here
and set up for less than 3k not bad realy
[quote]as said in first post not for this guy but a good little business all the same
the guy probably makes 1k a week not many pizza boys on that round here
and set up for less than 3k not bad realy
31 July 2006, 10:05 PM
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Originally Posted by Lord Shrek
'Investing in one of those russian run farms in kazagkstan where rich business men from all over the world come to act out theyre fantasies with the animals'
spot on audilover....as you become older and richer you lose the inhibitions and sharing a bed with a urangatang is second nature rich men will pay a lot to suckle the udder of the white rhino
'David, yes I do have dentist friends'
there lies the problem...someone coming onto scoobynet openly admitting to that and asking for financial advice off keyboard cowboys...it just doesnt add up
are you really considering any of these ideas????
you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea
it is just a clever way to tell the average scoobynetter how much you are worth
Lord Shrek.....taking on those that have and those that come up with crap business ideas
spot on audilover....as you become older and richer you lose the inhibitions and sharing a bed with a urangatang is second nature
rich men will pay a lot to suckle the udder of the white rhino 'David, yes I do have dentist friends'
there lies the problem...someone coming onto scoobynet openly admitting to that and asking for financial advice off keyboard cowboys...it just doesnt add up
are you really considering any of these ideas????
you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea
it is just a clever way to tell the average scoobynetter how much you are worth
Lord Shrek.....taking on those that have and those that come up with crap business ideas
Have to say read that and absolutely pi$$ed myself!
31 July 2006, 10:23 PM
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Originally Posted by Lord Shrek
'Investing in one of those russian run farms in kazagkstan where rich business men from all over the world come to act out theyre fantasies with the animals'
spot on audilover....as you become older and richer you lose the inhibitions and sharing a bed with a urangatang is second nature rich men will pay a lot to suckle the udder of the white rhino
'David, yes I do have dentist friends'
there lies the problem...someone coming onto scoobynet openly admitting to that and asking for financial advice off keyboard cowboys...it just doesnt add up
are you really considering any of these ideas????
you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea
it is just a clever way to tell the average scoobynetter how much you are worth
Lord Shrek.....taking on those that have and those that come up with crap business ideas
spot on audilover....as you become older and richer you lose the inhibitions and sharing a bed with a urangatang is second nature
rich men will pay a lot to suckle the udder of the white rhino 'David, yes I do have dentist friends'
there lies the problem...someone coming onto scoobynet openly admitting to that and asking for financial advice off keyboard cowboys...it just doesnt add up
are you really considering any of these ideas????
you are going to invest your 500k net in paulwrxboro's glorified pizza delivery boy idea
it is just a clever way to tell the average scoobynetter how much you are worth
Lord Shrek.....taking on those that have and those that come up with crap business ideas
What doesn't add up about me knowing some dentists?
When did the £250k become £500k?
I still can't figure out for the life of me what pleasure you think I'd get from giving some indication of my worth to people who have no idea who I am
Maybe you would get turned on by this sort of thing but I do not. There are many on this bbs that are worth alot more than me. If you go onto pistonheads you'll see guys worth millions upon millions, guessing from the fact they run £250ks worth of cars anyway. Its no big deal really but you seem to be making it into one. I'm hardly going to appear in the Times richest 250 list am I? You may laugh at Pauls idea, and his exact idea is not something I would follow but there is a general theme there ie delivery of items at premium for impulse/conveniance buying that is sound. Its actually one that people have made millions from.
I think you are scoobynets newest and biggest keyboard cowboy:i