Steeles Royal

Options to start business within 10K

Kamran

Active member
Dec 12, 2022
224
127
43
Any suggestion to start any business within 10K. I will be much appreciated if share ideas. Thanks
 

Spunky1

Well-known member
Feb 25, 2019
1,039
919
113
Any suggestion to start any business within 10K. I will be much appreciated if share ideas. Thanks
What do you like? Side hustle or full time gig ?
Do something you are interested in or have experience with, but also make sure there is a need or want for the goods or services you are offering.
 
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brian4hartley

Member
Sep 5, 2022
71
76
18
Any suggestion to start any business within 10K. I will be much appreciated if share ideas. Thanks
Do you want to work in the business... or on the business?

Tons of folks have a business but they have no lives... might as well just go work a vanilla job.
 

SchlongConery

License to Shill
Jan 28, 2013
12,907
6,386
113
Any suggestion to start any business within 10K. I will be much appreciated if share ideas. Thanks
If you can provide more information on your skills, interests. time etc would be helpful. A business under $10k is about 1% of the information needed to consider anything.
 
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HungSowel

Well-known member
Mar 3, 2017
2,825
1,714
113
If it was me, I would start by learning how to fix easy stuff like replacing HDMI/SD Card/USB ports on Xbox/PS5/Switch/Steam deck and other expensive smallish electronics.

Customers can drop off their broken device at your place and pick it up the next day, some people might mail it in, maybe you go the extra mile and do pickup and delivery.

You need steady hands and good eyes, total equipment cost is under $500, there are alot of youtube videos you can learn from.

You can later expand to more complex fixes, replacing batteries, and data recovery. You can also purchase cheap broken devices and fix them for resale.

Over the long term I think the fixing industry will grow; most devices these days are powerful enough to last several years, devices are getting more expensive, there is a huge positive environmental impact that I think eventually will be recognized by the government and grants/tax credits will follow.

You make money, the customer saves money, the environment wins, the only losers are Apple/Google/Samsung/Sony etc...

One of my ideas is to buy van, drive to the customer's place, pick up the broken device, park nearby, do the repair and give it back to the customer.
 

curr3n_c1000

I do all my own stunts
Dec 20, 2014
4,034
2,187
113
Sell coke.

But seriously, there is a magazine that list business and franchises for sale. I can't remember the name but you should be able to find it.

My honest opinion is to strategically save and invest. This way, you can't lose your whole investment.
 
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Moose134

Active member
Jan 7, 2016
102
155
43
Any suggestion to start any business within 10K. I will be much appreciated if share ideas. Thanks
Skills pay the bills.

let’s start at a different spot. What skills do you have? What skills are you willing to learn?

what kind of value can those skills provide?
 

stinkynuts

Super
Jan 4, 2005
7,788
2,346
113
If you don't traveling to customer's houses and cleaning their car, you can make $1,000 on a good day.


You will need a few hundred to buy some basic equipment and supplies, but the money is great. Do a good job, and you can get tipped $50 on a $300 job.
 

NuraMustafa

New member
May 22, 2023
1
0
1
That's awesome! I love your idea of fixing electronics like Xbox, PS5, and Switch. Customers dropping off their devices and offering pickup/delivery is a smart move. With steady hands and YouTube tutorials, you can learn the skills. Equipment costs under a grand, so it's budget-friendly. Expand to complex fixes and even buy broken devices for resale.The repair industry has serious potential. Devices last longer, and people want to save money. Plus, the positive environmental impact is huge. Govt recognition and grants might follow. I'm new here and considering starting a biz in this niche. Let's hustle together! I found enterprise consulting services at Succession Resource if you want expert advice. Check 'em out at https://www.successionresource.com/enterprise-consulting for some solid insights.
 
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ActionJ

Active member
Jan 17, 2004
199
52
28
Learn to day or swing trade in the market. Read books, get as much info as possible. Find a system / process, test it in a paper trading environment before you go live.
 
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