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Grex Directions Item 6: A Business of Your Own
Entered by danr on Thu Dec 26 12:59:20 UTC 1991:

If start-up money was available, would you start a business of your own?

What kind?

28 responses total.



#1 of 28 by bad on Fri Dec 27 06:26:41 1991:

Mobile bicycle repair and computer consulting.
(MBRCC)


#2 of 28 by ecl on Fri Dec 27 10:03:20 1991:

If I had a product or a service that I belived in I would worry about the
money.

but right now with no product or service, the money wouldn't help much.



#3 of 28 by bad on Fri Dec 27 10:35:06 1991:

I could really enjoy a mobile bike-repair business...
maybe after I put in some years in computer stuff, I can get some savings...


#4 of 28 by danr on Fri Dec 27 19:42:38 1991:

I'd like to start a magazine.  Having been an editor for two and a half
years now, I'm sure I could handle the editorial side.  What I need to
do now is find a publisher, who is the person that handles the business
side, i.e. advertising and finance, side.


#5 of 28 by bad on Sat Dec 28 05:54:16 1991:

What kinda magazine?
HArd-core, tiny-but-dependable market EE stuff?
Freeform poetry?


#6 of 28 by danr on Sat Dec 28 11:29:43 1991:

Well, one idea would be a product tabloid covering high-tech in Mich-
igan or the Midwest.  Another magazine that might make it is a trade
magazine covering automotive testing -- everything from materials test
to full-vehicle tests.

Folio, which is a trade magazine for magazines, says that the hot
markets for new trade magazines are computer software services,
medical equipment, and pharmaceuticals.


#7 of 28 by bad on Sat Dec 28 13:22:43 1991:

Well, if you do a computer software services one, hire me, okay?
 :)


#8 of 28 by griz on Sat Dec 28 18:41:02 1991:

I was discussing this item with the weekly walkers today, and I mentioned
that upon trying to answer this question, I was stunned to realize that
if I had a lot of money, I would *not* start my own business.  In fact,
if I had a lot of money, I probably wouldn't do anything any differently
than the way I am doing things right now.

I wouldn't want to take the responsibility for a business.  I'd rather
hole myself up in a library, thank you!  :-)


#9 of 28 by danr on Sat Dec 28 19:52:43 1991:

re #8:  That's fine -- owning a business is not for everyone.  If you
reread #0, I asked if you *would* start one, not which one you would
start.


#10 of 28 by bad on Sun Dec 29 02:38:49 1991:

Yeah, I jumped in with the wrong answer...
I think I would, if I knew someone who wanted to assist with the business
aspects, or if I was either A)in okay shape even if it failed, or B)able
to spend some time in classes or whatever so I felt confident I wouldn't
screw myself, business-wise.


#11 of 28 by mythago on Sun Dec 29 13:03:29 1991:

Hm...that's a toughie.  Probably a restaurant, though a) I'd want to get
professional restaurant management/culinary arts training first, and
b) somewhere NOT in the AA area.


#12 of 28 by polygon on Sun Dec 29 19:38:11 1991:

Heh.  I've thought about publishing a restaurant *guide*, but it's already
been done around here.  Of course, my approach would be radically different:
one major focus would be data from health department inspections.


#13 of 28 by glenda on Mon Dec 30 15:51:30 1991:

My own Custom Dressmaking shop (though I am interested in things other than
just dresses such as home furnishings, toys, etc; and other forms of
needlework than just sewing - crocheting, knitting, embroidery, tatting, if
it uses thread or fabric I do it or am interested in learning/using it).  I
would like to have a business where I get paid doing needlework (I have done
some on consignment and will continue to do so, but would like to do it on
a more regular basis).


#14 of 28 by craig on Tue Dec 31 00:09:07 1991:

RE whatever..
 
Is "Folio" related to "port Folio" of Norfolk, VA?


#15 of 28 by wizard on Tue Dec 31 04:44:34 1991:

If you need a programmer... give me a ring...
 (not that you'll need a programmer, but if you do...)


#16 of 28 by danr on Tue Dec 31 13:02:57 1991:

re #14:  I doubt it.  FOLIO is a trade magazine for magazines.  I
believe it is published in NY.  The word folio is magazine jargon
for the total number of pages of editorial and advertising in an issue.


#17 of 28 by frf on Sun Jan 12 22:06:48 1992:

Travel Agency (Specializing in solo journeys)


#18 of 28 by mta on Mon Feb 24 03:08:48 1992:

        Maybe.  I've thought alot about it and I agree with whoever said
that they would only do it if they had a fair assurance that they'd be in
OK shape if the business failed.

        As to what kind of business, I think I'd go in for specialty
retail.

        Then again, I'd want a partner with excellent business sense: I have
serious trouble handling family accounts.


#19 of 28 by headdoc on Sun Jan 24 21:04:57 1993:

The only way I would want to start a business would be with enough independent
income not to care if my business made money.  The I would probably also
like to start a travel agency and design custom made trips for individuals
based upon their interests, styles of life and financial resources. The main
reason for a travel agency would be because I would have to research the
areas my clients would travel to and, boy would I love to do that.



#20 of 28 by ldiot on Fri Mar 4 21:00:01 1994:

If I had a lot of money I would make a donut shop and try to make mine has good
then  Others.


#21 of 28 by danr on Sat Mar 5 01:03:48 1994:

Old items never die.  They just lurk until someon has something new to
say. :)

My sister and I started a business, R-Squared Press, in January.  We
hope to have our first book in print by the end of April.


#22 of 28 by vishnu on Sat Mar 5 02:40:23 1994:

I'd probably do a coffee shop or a resturaunt, if i did anything.


#23 of 28 by critter on Sat Sep 17 21:30:43 1994:

Actually, I am in the process of stocking up enough money so I can go into
business for myself.  I am doing it purely largely because I want to set my own
hours, and partially because I want to be able to tailor what I do to what
I enjoy doing (as I discover it).  Right now, For starters, my primary focus
will be on a market niche which I know I can fill - typing, resumes adnnd
transcription. I will be specifically aiming myself at medical
transciptiription for small doctor's offices, hopefully breaking in by offering
faster rturnaround times and lower total cost then an they are poaaying now. 
(Specifically, they do not need to pay me benefits, just a per amount
transcription a per volume charge for the transcription itself.)  I plan to
augment this in whatever ways I can to make it workable .

I am planning on doing this because of my preferred work style.  I like to
provide a service, and provide it well and professionally, but I like to
be product-driven, not schedule-drivenand not tied down to specific hours which
I have to work. I also like to be the final arbiter of whether I am doing a
good job.  I have had too many supervisors who messed with my head by telling
me overtly or covertly that I was doing a bad job when I knew I was working to
the best of the resources I had at the time.  I just have, among other things,
the misfortune of having one of my worst production periods, approx 1-4 PM,
fall in the middle of an 8-5 job.  The customers will give me more than enough
feedback as to the quality of my work, I don't need a boss for that.


#24 of 28 by shf on Sun Sep 18 15:20:42 1994:

You will never be the final arbiter of wheether or not you are doing a good
job.  A supervisor is just a customer who can't go anywhere else to
get the job done.  That said, medical transcription out of the home is an
excellent choice for self-employment.  Wanna buy a memo-scriber cheap?:)


#25 of 28 by peg on Mon Sep 19 00:14:10 1994:

I often joke that I'm going to quit my job and open a plant store...
We already have some decent florists and some large nurseries
in my area, though...and even without doing the necessary
advance study, I don't think it would fly in a tourist town...
too much trouble to transport the plants home.

I haven't done any heavy study yet, but I've also wondered
whether a franchise might be good for me.  I might go to the next
convention they have at the civic center to find more about it.



#26 of 28 by critter on Wed Sep 21 23:35:50 1994:

RE #24:  I might well be willing to take a transcriber off your hands, if
thatis whatyou mean.  I've got to gi

figureout what really is my backspace key, since my text indicates it is
not the key I think it is.

And as for the differences between supervisors, and customers, a csut  
customer can only take away their individual business.  A supervisor can
makeyour business, i.e., your job, go away.


#27 of 28 by shf on Thu Sep 22 13:40:30 1994:

Heh. Good point. Just wanted to speak from experience; customers can be
very demanding.  I'll mail you about the transcriber.


#28 of 28 by critter on Mon Sep 26 00:26:58 1994:

Great.  You might actually want to send it
to my primary account, tracy.worcester@med.umich.edu

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