@bridgeenjoyer I don’t think so. Then again, it’s hard to tell fact from fiction anymore. So I’m almost afraid to have an opinion on this.
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Well clearly a lot of folks here think its totally doable, which is both depressing and uplifting. I still doubt I'm ever going to do it, with my lack of focus or skills, it would never work. People laugh at me when I bring uo business ideas because ive never finished anything in my life. Its just fun to think about, and I'm great at working with and helping people, sadly that alone is something no one cares about.
All you need is an LLC. And those are like $50 to register? After that, how honest you are is up to you. The headlines are full of big companies and flashy names, but there are a lot of people out here working for themselves or with a couple of people at a tiny company.
The issue for me is how to make yourself known, and let people hire you instead of doing it themselves.
Any time I have an idea, I think sure but if I was the client I'd just do this myself. It kind of seems a lot of diy businesses dont make sense because anyone can do it themselves and learn on YouTube.
You overestimate how much most people are willing to DIY. I have done a lot of handyman and tech support work for friends and family, I've told them I'm just going to type their problem into YouTube and do what it says. They still act like it's a magic trick when I fix something.
This is true but I feel bad taking their money for that.
There are tons of service oriented small businesses that are honest. Because they don't generally pay a high overhead for things like retail space they can be very profitable as well.
I suppose mowing lawns or cleaning gutters is viable. But I'd need insurance. I do have a truck and trailer, old and shitty, but still.
You can usually get licensed and bonded pretty cheaply and some states have specific statutes that allow for handyman type work.
I had a good friend who was a window washer. All he used was his little truck, dawn soap, a bucket, and squeegees (some with extendable poles for high places). He had a ladder as well but rarely used it unless it had windows on the top like a partial sunroom.
He showed me the technique and you could do a window in less than a minute once you got good at it. He generally did commercial buildings so all he would do is the outside of the windows.
I bet its cheap in my state. Never thought to look. I cleaned some gutters once and couldn't believe how easy it was and how happy folks were to pay for it. Its a little dangerous though.
Also good ideas!
I started my own handyman business 3 years ago and I don't consider it a scam nor did I need to invest millions up-front. Not even thousands in-fact. I earn a comfortable living from it and tons of gratitude from happy customers.
It's pretty easy to stand out to your advantage by being fair and honest. People notice it and they tell other people too.
I thought I'd always want to start some sort of good business ..... I know people who... retired with millions. I do not think anyone could do that today
It seems you equate "starting a good business" with "retiring with millions". I would consider those very separate.
And a CNC shop is very capital intensive to start so yeah, probably not going to start one without a loan from somewhere. This also makes me think you're only talking about huge companies or manual labor work, when plenty of people have honest accounting businesses and live pretty comfortably.
I just put it that way because I know a lot of folks start fun small businesses like selling 3d printed trinkets, but thats not going to pay my bills and go to my retirement fund. Boring as it is, I'm better off sitting on my butt at my current job 9 hours a day. I just wish there was more.
Ok, so you think it could be possible, just not for you?
I see others try at it and generally struggle a lot more than if they had a normal job. If they did "make it", they made $0 for 10 years in the meantime. So again, not viable for anyone who doesn't have 6 figures sitting in the bank to live on. Not to mention the tons of shops opening and closing within a year (donut, cookie, car dealers, pizza, are the main ones )
What an incredibly pesimistic and sad take. It has never been as easy to launch a life changing product as it is today.
Agreed. I think there are tons of businesses people have never heard of because they serve a specific niche and aren't public facing or household names. I don't think its easy to launch a successful business but it wasn't easy in the past either amd we don't remember all the companies that didn't make it.
Regarding 'honesty,' that probably depends on the market and what your competitors are willing to do. Its probably a lot easier to run an honest local restaurant than some international finance firm. You'll probably need to sacrifice your integrity to reach those higher echelons because everyone else there was already willing to do the same.
Yeah, I just dont see it as possible. From my perspective:
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Fix cars: this won't last for more than maybe 5 or 10 years as most cars under 20 years old are unrepairable or getting impossible to find parts for. Need a $20,000 dealership computer to even change a brake pad. And electric cars won't need maintenance.
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Some sort of programming. I never could really grasp programming much as I wanted to, and anyone today would go to ai or India to have something made cheaply. Not viable at all.
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Retro console or CRT TV repair: the types involved in that hobby already know how to fix it themselves. Repair is insanely costly and usually out weighs the cost of just buying another thing. This goes for repair of almost anything today.
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Art: I mean, we have seen that etsy has sloppified. Not viable. Why pay for a t shirt when I can have a much cheaper one with ai slop art. (Normal people do not care if its human made)
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Music recording /mixing : again, if people want this they are doing it themselves or having ai do it. Theres 0 market for how costly and time consuming it is.
Thats basically my skillset. I have absolutely nothing that is a viable business. Now if I knew how to fix houses or do wood work, that'd be a huge money maker, but I am awful at housework/woodwork. And that usually takes employees as well for a lot of jobs you can't do alone.
Inventing a product...I mean its all been invented. Theres only so much plastic junk we can have made.
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Not nearly as dismal as you portray though admittedly it is turning that way. Even so 3rd party repairs for cars are far more legally protected than tech shit. And the dealership software is often leaked. Again while it’s admittedly becoming far more difficult to be independent repair shop there’s still time to push back here
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you can’t do it so it’s not viable? Weird. Making programming a viable entrepreneurship endeavor is far more about having a novel idea than execution (assuming you have capital). Honestly these days even if you don’t have capital you still just need the idea, if the ideas good you could likely build a proof of concept with an llm and generate capital. And a “novel idea” doesn’t even have to be groundbreaking, often it’s just “here’s this thing that’s been done before, but slightly better”
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repair of electronics can be viable but it is increasingly dismal (and worse than cars, though interestingly in some ways getting significantly better. Iphone repair, which was a fools game 5 years ago, is suddenly viable again). I spent years repairing electronics through college and grad school and made pretty healthy cash tbh; if I’d done it full time I’d easily have been able to comfortably support myself. Your issue here is that you want to limit yourself to niche shit. While retro consoles and crts are popular in many ways their popularity pales in comparison to something like a phone, which literally everyone has. Despite this it is fully possible to make a ton of money modding and repairing retro consoles. It’s not “fuck you” money but definitely enough to live. I know someone who does it and they have many competitors. The hardest part for them seems to be sourcing consoles for a reasonable price. They are constantly behind on stock though.
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art has always been a total crapshoot for earning money and honestly making a viable career in art has basically always been more about nepotism and “networking” than talent. Even then it still almost always takes a significant amount of talent and dedication. The people I know working in art or music production don’t necessarily have glamorous jobs and frankly aren’t even the greatest artists of our friend group. But they have serious work ethic and are willing to create like AI. You want an ominous score for a shitty tv show? They’ll make it, even though their preferred expression is weird esoteric bullshit. And they’ll have it done in a day.
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see above
Wrt woodworking/carpentry: you have to work at it and train? No one is just “good” at this. Like any skill it must be developed through education and experience. At the end of the road there are tens of thousands of licensed electricians, plumbers, hvac, etc people who own their business and work independently (sometimes hiring contractors for bigger jobs) but all of them had to work for others first to learn to not kill people with shitty work (though tbf some didn’t do so well at this part)
Wrt inventing: same as software. Devil is coming up with the thing, though don’t discount being able to bring it to market. Almost every stupid plastic bullshit thing had to have someone with cad experience and the knowledge to contract with manufacturers
Wrt cnc: there are plenty of machinist shops that are independently owned out there. If anything your issue here is startup costs, as a $2000 diy cnc isn’t going to cut it for pro use unless your company is targeting making fancy signs at flea markets. But again this is also a trade that is generally learned and expanded on. You work for a machinist and actually learn to do shit, then you maybe buy a used mill and pick up some jobs on your own, then buy more equipment, more jobs, etc
It seems like maybe you’re in the part of life where you’re realizing that your interests don’t necessarily line up with your skills. That’s okay and it does kind of suck but it means that you maybe need to try more shit, or maybe look at why it’s a challenge for you to stick with developing a skill set outside of art
Building a business takes time. 10-15 years. That's just the reality of starting a business in anything.
It's absolutely doable to start in practically any branch and make a living. But it actually takes effort.
There has never been a business model that involves little effort, besides gambling and getting lucky.
Right, its not easy that's for sure. I just am unable to think long term if something absolutely isnt going to pay off, then I wasted my 1 life. I'm also terrible at selling myself and I always undercharge because I can't bring myself to rip people off.
Why aren't you thinking about experience? Whatever you do, and however much you succeed or fail, the point is to enjoy yourself and learn from your mistakes. Life takes a long ass fucking time, you will suffer, you will succeed, there will be pain and happiness. You will feel like you wasted your life and you will feel like you're on top of the world. Just try to be true to yourself.
And ripping people off is only done through lying and deceiving. If you give your customers the space to say no, and a fair time to compare your prices to others, you can ask whatever you want. That has nothing to do with ripping people off. Market value is market value. Which is just as high as people are willing to pay. It's up to you to find a good balance between the amount of time you have and the market value. There is nothing wrong with undercharging or overcharging. It all depends on how much time you have.
You're not going to be a millionaire, you're not going to make it big, your life is going to be a boring struggle like everyone else's. There is no 'American dream', it's all fake, stop clinging to it. Do things you enjoy, you have ambition to get good at, find out what motivates you, stay humble, stay human.
Thank you!
Yeah its a hard flip flop. Some days I'm all, "I wanna do my dream" and some days I'm like "eh, I'll sit at this desk and make money, I'm actually lucky to be this spoiled". I never know how ambitious I'm supposed to be. If I start a business and make no money, ive failed and made life harder for myself for no reason. I have drive for things but they are not things you'd ever start a successful business with.
I started a repair business in 2024 the only hurdle was insurance that cost me a lot, but with my reputation I had customers etc from the get go
That makes sense. How about health insurance ? Or is it not US.
Not US
Public liability insurance, workers compensation insurance professional indemnity insurance and machine repair insurance.
Don't get me wrong, I don't make lots of money and work harder then I used too but my work all goes to benefiting me rather then paying some ceo's next holiday