Toggle sidebar Toggle sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

If you had $30k to start a business WWYD?

J

jfremani

macrumors regular
Original poster
Given your interests, strengths, and opportunities given in your local economy.. what would YOU do, if you had to?
 
Would it have to be a business? Otherwise I would use it as a downpayment to buy a house.
 
A liquor store. No matter where you live or how bad the recession may be, drinking ain't goin outta style anytime soon. I go about four times a week and there's always a line. 😉
 
Caliber26 said:
A liquor store. No matter where you live or how bad the recession may be, drinking ain't goin outta style anytime soon. I go about four times a week and there's always a line. 😉
Click to expand...

Maybe an "upper class" liquor store...modeled after an Apple store 😉. Most Liquor stores I have seen unfortunately have that ratty tatty look to them, like that look of "hey don't rob me," and owners plaster the windows full of ads "LOW PRICE!" so nobody can see inside...., time to "reinvent" liquor stores 😉


Maybe iMacs as POS terminals?
Stainless steel beer coolers?


A random Fish tank? ;-)
 
dontwalkhand said:
Maybe an "upper class" liquor store...modeled after an Apple store 😉. Most Liquor stores I have seen unfortunately have that ratty tatty look to them, like that look of "hey don't rob me," and owners plaster the windows full of ads "LOW PRICE!" so nobody can see inside...., time to "reinvent" liquor stores 😉


Maybe iMacs as POS terminals?
Stainless steel beer coolers?


A random Fish tank? ;-)
Click to expand...

I like the way u think!
 
dontwalkhand said:
Maybe an "upper class" liquor store...modeled after an Apple store 😉. Most Liquor stores I have seen unfortunately have that ratty tatty look to them, like that look of "hey don't rob me," and owners plaster the windows full of ads "LOW PRICE!" so nobody can see inside...., time to "reinvent" liquor stores 😉


Maybe iMacs as POS terminals?
Stainless steel beer coolers?


A random Fish tank? ;-)
Click to expand...

For sure. 😀

It would have to be in a very good part of town (preferably near a university), and its overall look would be very inviting. A lot of chrome, black, and glass. And many LED displays, showcasing nonstop liquor advertisements.
 
$30K isn't nearly enough to open liquor store. The license alone can cost well over $100K. Stock would be in excess of $300K if you're looking upscale and premium wines/liquor/beer. And another $50 to $100k for store design and construction.

Even if you have triple A rated credit $30 may not be enough. Rule of thumb is you have to have at least 25% of your own money to get financing.

Also it's not true that a liquor store will always succeed because people will always want it. I've seen plenty of nice liquor stores come and go. There is no sure shot in business, period.
 
You could buy a fur coat, shades, a phone and a used mercedes for £30k - and then you're good to go with an escort agency.
 
A couple iMacs, get a couple people together and try to write a couple games/apps and hope you get lucky!
 
30k seems really low to start a business in the sense we all think of business. For sure a low amount for a brick/mortar store.

I'd think the most optimal strategy would be to get a very technical/computer type degree and then do consulting/start your own business that way.
 
rocknblogger said:
$30K isn't nearly enough to open liquor store. The license alone can cost well over $100K. Stock would be in excess of $300K if you're looking upscale and premium wines/liquor/beer. And another $50 to $100k for store design and construction.

Even if you have triple A rated credit $30 may not be enough. Rule of thumb is you have to have at least 25% of your own money to get financing.

Also it's not true that a liquor store will always succeed because people will always want it. I've seen plenty of nice liquor stores come and go. There is no sure shot in business, period.
Click to expand...

Very true. A fine store should also have fine products, not just the cheapest beer and wine that's available. Plus you would most likely have to charge a premium because the cost of running the store is higher. In the end, I doubt people care that much about the look of the store. You will only be there for a few minutes - grab the bottles and go. I wouldn't pay more for the "experience", I just want my booze for as few $ as possible.
 
Starting a business on $30k would be very difficult. But if that's all I had, I'd probably use my current computer equipment. I have an 06 Mac Pro I rarely use anymore. I'd buy a new Artec MHT 3D Scanner/software (about $15-20k). I'd get a small studio and advertise with the rest. ...and cross my fingers.
 
30k is nothing.

i would start a thinktank/consultancy and then network like a champ.

that's the only reasonable option for that little money.
 
Build "antique" furniture. 30K will be enough to build a decent woodworking workshop. Turn a few hundred dollars worth of oak and mahogany into thousands of dollars worth. Modern day alchemy, I tells ya--turning wood into gold.

Well, not everybody is a master carpenter.
 
$30k isn't enough for this, but I'd love to open a computer store that sells all kinds of computers, but modelled after the Apple Store.

Yes, I know that's basically the Microsoft Store, but there isn't one of those anywhere near here. 🙂

There's no reason buying a Windows computer has to suck, though. And Apple does retail very, very well. PC vendors could learn from them.

Hellhammer said:
Very true. A fine store should also have fine products, not just the cheapest beer and wine that's available. Plus you would most likely have to charge a premium because the cost of running the store is higher. In the end, I doubt people care that much about the look of the store. You will only be there for a few minutes - grab the bottles and go. I wouldn't pay more for the "experience", I just want my booze for as few $ as possible.
Click to expand...

Depends on your target market and cliental. In the right neighbourhood, a high-end liquor store could probably do well by focusing on expensive wines and high-end brands, and by having really knowledgable staff (maybe even a proper sommelier).

That sort of store would charge a lot more, but for wealthy clients having someone working there who actually knows something about wine might be enough to make it worthwhile. 🙂
 
I would most likely invest in a good desk, office chair and triple screen setup and then develop iOS apps or whatever 😉
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back