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If start-up money was available, would you start a business of your own? What kind?
28 responses total.
Mobile bicycle repair and computer consulting. (MBRCC)
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.
I could really enjoy a mobile bike-repair business... maybe after I put in some years in computer stuff, I can get some savings...
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.
What kinda magazine? HArd-core, tiny-but-dependable market EE stuff? Freeform poetry?
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.
Well, if you do a computer software services one, hire me, okay? :)
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! :-)
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.
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.
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.
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.
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).
RE whatever.. Is "Folio" related to "port Folio" of Norfolk, VA?
If you need a programmer... give me a ring... (not that you'll need a programmer, but if you do...)
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.
Travel Agency (Specializing in solo journeys)
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.
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.
If I had a lot of money I would make a donut shop and try to make mine has good then Others.
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.
I'd probably do a coffee shop or a resturaunt, if i did anything.
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.
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?:)
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.
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.
Heh. Good point. Just wanted to speak from experience; customers can be very demanding. I'll mail you about the transcriber.
Great. You might actually want to send it to my primary account, tracy.worcester@med.umich.edu
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