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5k start. Looking for advice. (alien.top)

submitted 11 months ago by 666imedgy@alien.top to c/entrepreneur@indiehackers.space

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Like the title says I’m looking for advice. I’m 21 years old I’ve been homeless twice in my life and I’m sick of working a profit-less grind. I recently had an insane stroke of luck and came into more money than I’ve personally ever had, $5,000. I’ve done a lot of reading and research and now I just want suggestions for something with any decent return with my current price. A lot of what I’ve read about are 100k+ investments. Since I have a small amount I need ideas for something attainable at my level. I do understand that smaller investments yield smaller returns I’m just trying to get the ball rolling. Thank you for reading and any suggestions you might have.

Also in case this comes across like I’m trying to get rich quick with no work I want to say that is not the case at all. My grandfather was a small businessman right up till the end. I understand the amount of work and time you have to put into being an entrepreneur. I’d very much rather put in strenuous work and make a difference and a good living on my own then work to make a millionaire richer.

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[–] KingFit764@alien.top 1 points 11 months ago

Well... You can start dropshipping business with 1k and it's profitable if you do it in the right way. Alot of people are making millions with it. But you have to understand that it's just like other businesses out there that need time and effort to be successful. So its not a bad idea to venture into dropshipping.