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If you had the ability to earn up to 10-15k in cash per month (temporarily), how could you flip/reinvest that money to make a sustainable revenue stream? (alien.top)

submitted 10 months ago by Nickdoralmao@alien.top to c/entrepreneur@indiehackers.space

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Let’s say a magical fairy hands you $10k each month…lol, that you may stop receiving after a few years. How could you build a business or invest that money so that it becomes a reliable income? And you have zero schooling, just starting from scratch. E-commerce? Buy a food truck? Day-trading? Real estate? What would you do if you were starting from zero and this is all you had? Sorry for the stupidity of this question!

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[–] rcarterbrown@alien.top 1 points 10 months ago

It sounds like you lack both original ideas and experience. I'm not trying to be mean, just calling it as I see it.

If you want to get into the business world the best education you can get is getting a job at a startup/early stage company. You'll get experience in range of aspects of running a business whereas in a regular job you tend to be stuck in a narrow tightly defined role.

In my previous startup my first ten employees were kids straight out of university and a majority of them were either promoted internally to senior roles as the company grew or left to work in senior positions in other companies - some starter their own businesses.

That being said none of those kids were "normal". They were either highly intelligent, unusually creative, or driven AF. Often a mixture of the three.