this post was submitted on 22 Nov 2023
1 points (100.0% liked)

Entrepreneur

0 readers
1 users here now

Rules

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 2 years ago
MODERATORS
 

Title

top 50 comments
sorted by: hot top controversial new old
[–] wayneglensky99@alien.top 1 points 2 years ago

Buying an already established business worth ~1M$

[–] Equivalent_Mud9487@alien.top 1 points 2 years ago (1 children)

I’m also in this this position looking for something completely hands off.

[–] elkomanderJOZZI@alien.top 1 points 2 years ago

I'm starting a hedge fund, here are my returns. DM if you want to invest, complete hands off

[–] jeremylhood86@alien.top 1 points 2 years ago (1 children)

Look on bizbuysell, if using an SBA loan you could use the $250k to buy a ~$1mm business

[–] Affluentry@alien.top 1 points 2 years ago

Great site. I’m constantly scouring it. Just gotta make sure you do your due diligence! I’ve seen quite a few attractive deals, submitted inquiries, and found atrocious financials. Definitely takes patience and research.

[–] Careeropportunity365@alien.top 1 points 2 years ago

Almost anything you want. You could buy a business currently generating revenue and get an almost instant return. Or you could invest in other things. If I had that much, I’d look into trading bots in the crypto and forex markets. They require little skill to set up, but they will be in a period of drawdown some of the time. So I would suggest a mix of both, find an online business where you can negotiate price or terms and then once that is running smooth look into other stuff or support whatever you buy with another business acquisition.

[–] milee30@alien.top 1 points 2 years ago

If this is how you're approaching it... scammed.

People looking for a place to spend/invest soon get swindled.

Step back and figure out what skills you have, what skills you need, if business is even a fit for you. Meantime, conventional investments such as are made in a retirement fund are a good idea.

[–] Exciting-Crab-6469@alien.top 1 points 2 years ago (1 children)

What are some business opportunities -$70k cash can get you?

[–] alondragrief@alien.top 1 points 2 years ago

in the same boat lol

[–] username48378645@alien.top 1 points 2 years ago

Would you be interested in using 80K as an angel investor? I have a promising company, and right now I'm saving the 80K myself. We can sign a contract and everything. We can discuss the idea, how much you get back for the investment. Just DM me if you're interested.

[–] xalttInc@alien.top 1 points 2 years ago

I don’t know if you have interest or knowledge in the startup industry but try investing in a startup, if you put your bets at the right people and the right execution of the plan, you will get good amount of returns

[–] RoughEmployment7647@alien.top 1 points 2 years ago (1 children)

Buy some real state close to universities and you can rent rooms to students. They normally don’t miss payments.

[–] minoritylife@alien.top 1 points 2 years ago

Best way to invest it atm.

[–] pheoxs@alien.top 1 points 2 years ago

If you have storage space to go along with it I'd look at something in the rental market. Things like blow up bouncey houses and what not can often be rented out where they repay the investment after a year (assuming you can market the rentals).

There's a place locally that just rents tables and chairs. It's like a buck a chair and 5-10$ a table. Every holiday they rent out tons and basically pay for everything after the first year.

Another guy does the inflatable movie screens and does movie in the park nights. It's become popular enough that many community associations each their own through the fall so he's booked up almost every weekend. I think it's around 1-2k a night for probably 6 hours of setup, hit play on the movie and then teardown.

[–] agent1k_@alien.top 1 points 2 years ago

(The Sound of a Sea Invasion) | Hoi4

[–] No_Associate5627@alien.top 1 points 2 years ago

About to launch a vape company, if you’re interested in investing. Putting 150k in myself which is all I need, but then again more initial inventory will just add to a more rapid expansion.

[–] BusinessStrategist@alien.top 1 points 2 years ago

Maybe you could expand on your business goals and objectives.

It appears that you want a high ROI.

[–] Kyerswa@alien.top 1 points 2 years ago

“Are you familiar with Amway?”

[–] BusinessStrategist@alien.top 1 points 2 years ago

This is the entrepreneurship subreddit.

The entrepreneurship journey is "Vision," build and launch a "viable and sustainable" business and decide the next step once you've crossed the "viability" and "sustainability" milestone.

So how do you connect your 250K with your entrepreneurship journey?

[–] Successful_Sun_7617@alien.top 1 points 2 years ago

Do you have business experience? Like literally built a business from scratch to scaling it into something that is worth at least $250K?

If you have no business experience you’re literally better off putting this into stocks like QQQ and SPY and not worry about it lol

[–] Bozorboy--@alien.top 1 points 2 years ago

Give it to me I’ll turn it into 1mil within a month. I’ll let you keep 300k.

[–] Human_Ad_7045@alien.top 1 points 2 years ago

Take a look at Bizbuysell website for business opportunities. You can search by state or by county.

[–] epicitous1@alien.top 1 points 2 years ago (1 children)

look into buying a business. find a reputable business broker. read the book "buy then buiild". With that money as a down payment you could get a pretty huge business loan and use the profits from the business to pay the loan off. if executed correctly you could turn 250k into 2.5 mil. in around 8 years if you are moderately successful.

load more comments (1 replies)
[–] DimensionCharming808@alien.top 1 points 2 years ago (1 children)

I would build my inventions and make a beautiful portfolio. I am trying to get ten percent of that amount to kickstart my projects.

One option is to use the money towards debt funding so you would be able to have even more money and free roll.

[–] tallmon@alien.top 1 points 2 years ago
[–] IAmRules@alien.top 1 points 2 years ago

Pay me 50k to make you an app.

[–] AdAvailable3374@alien.top 1 points 2 years ago

Spam in your inbox 😂

[–] mufasis@alien.top 1 points 2 years ago (1 children)

Literally anything if you’re creative enough. Billion dollar brands have started with less.

[–] minoritylife@alien.top 1 points 2 years ago

I think your hard work mentality scares the kids on Reddit.

[–] qgdgfbkdkalql@alien.top 1 points 2 years ago

Throw a gig

[–] kai_redd@alien.top 1 points 2 years ago (1 children)

Section 8 real estate using seller/creative finance can net cash flow over 7k with just 60k so you’d be doing well with 250k

[–] FeatherInTheWind@alien.top 1 points 2 years ago

Tell me more…

[–] Recent-Project757@alien.top 1 points 2 years ago

As other people said buy a house near a university (preferably with a basement with cement floors for party's) furniture it cheap and rent it out I have a few properties near a university and it works very well

[–] AdventurousWave9480@alien.top 1 points 2 years ago

Become an angel investor and put in 10k - 50k in a bunch of startups and hope one becomes a unicorn.

[–] MontyHate@alien.top 1 points 2 years ago

real estate

[–] nylobie@alien.top 1 points 2 years ago

Invest in the next best startup

[–] mcm265@alien.top 1 points 2 years ago

mine. I’m selling my home services franchise business for half that amount - fully operational without about $450K gross revenue in the last 9 months.

[–] trador58@alien.top 1 points 2 years ago

Self-storage down payment. But watch some AJ Osborne YouTube videos first. You don’t tenants calling you at midnight with broken water heaters. College rentals are high maintenance.my friend bought several in the 80’s and in the summers we spent a great deal of time and money de- animal housing them.

[–] Seneschal21@alien.top 1 points 2 years ago

There’s actually a lot of things you could do with less than that. There are franchises that are far below that to buy into. There’s a half dozen different things you can do with real estate starting with less than that. I’m just concerned that if you have that kind of money to start with, but no real ideas on what you want to do with it… you’re likely going to do poorly in your venture for lack of a personal connection with your venture.

[–] No-Quote3741@alien.top 1 points 2 years ago

I am in investment expert with a good Linked, I can get you hooked up with businesses that would not only give you a 6 to 8% monthly return, they would give you equity in the business with a 30% plus minimum growth rate. So yeah. And you need to invest a maximum of 30k Dollars

[–] Ordinary_Narwhal_516@alien.top 1 points 2 years ago

You could look at franchising a fast food restaurant. It depends on which one, but you can start one with that type of money.

[–] minoritylife@alien.top 1 points 2 years ago

Don’t gamble it on crypto or stocks my friends #readyfordowns

[–] RocktheRebellious@alien.top 1 points 2 years ago

You can give it to me. I'll turn it into 350k by 2024.

[–] Plane-Accountant-595@alien.top 1 points 2 years ago

I’m commenting before reading. I’ve got a $250k bonus coming by way and would love to create a new source of income. Can’t wait to read through the comments. Great question!!

[–] KeepHerRefrigerated@alien.top 1 points 2 years ago

I’m not sure about these comments. There are many franchise opportunities to purchase/start with that budget. I looked into a Nothing Bundt Cakes and they start at $35k.

[–] coldheartedsigma@alien.top 1 points 2 years ago (2 children)

You could get into franchising. I work in business consulting, and have been working with franchise clients a lot this year (QSR and Retail mainly). Good franchises can net you 12-18% depending on the company (QSR wise - Retail franchising is a lot of work for peanuts imo)

load more comments (2 replies)
[–] m3kw@alien.top 1 points 2 years ago

Buy a business

[–] External-Eye-7213@alien.top 1 points 2 years ago

Got a blueberry farm proyect in Mexico. Looking for 3 investors with 60k each. It gives 45% returns in average for the first 5 years. Anyone interested dm me

[–] elekchen@alien.top 1 points 2 years ago

Franchise Ownership, E-Commerce or Food and Beverage Industry

[–] bardocksjr@alien.top 1 points 2 years ago

Less than 5% into courses/mentorship, 2-5x the rest through compounding

load more comments
view more: next ›