Tuesday, August 16, 2011

I have already started with the basics of starting my own business, but I have a few questions.?

Your in school right now surrounded by educated people with experience in business. WHY TAKE ADVICE FROM SOMEONE WITH NO CREDENTIALS ON YAHOO ANSWERS! Talk to the department head for you business management major. Your idea is cool but not unique so your competition will be fierce. Banks will know this so good luck getting a loan right now. The Doc was right you are technically not a business until you sell something. Try building one computer and sell it on EBAY! That way you can get your name out there! EBAY has almost 40 million users and only around 1 million sellers. Hit up EBAY make some capital, see what the competition is doing. Get an EBAY store for $15 a month it will get way more traffic then a brand new website. The majority of small business's close within 3 years due to lack of capital & poor management or trying to advance to quick! Keep your DBA & license, hit up EBAY until you can attract enough people to your website. Your still in school so take your time if you are going to a well known school you will be able to come up with a great proposal for lenders and know how to run a business when you graduate. Walmart started as one store now there is one in every town, so anything's possible if you want it bad enough!

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