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/biz/ - Business & Finance


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53880431 No.53880431 [Reply] [Original]

Please check previous threads for inspiration.
Ask any questions and hopefully an anon can help.
Be polite but tough love is welcome.
Tripfag if you are frequent or want to, or don't it's up to you.

In this thread, I'm going to compile the best income streams ordered by investment required, including both online and offline options

Little to no Investment($100-$1k), very hands on
>Direct Response Copywriting
>Dropshipping
>Social Media Marketing
>Digital Media or Marketing
>Affiliate Marketing
>Media Buying
>Web Development
>Freelance software development
>Making Online Courses
>Self publishing Ebook (comprehensive guide: https://kindlepreneur.com/book-marketing-101/))
>Product Arbitrage
>Consulting
>Sales

Some Investment Required($1k-10k)
>ATMs
>POS Systems
>Slumlording
>Daytrading
>P2P Lending
>Authoring or Online publishing
>Vending Machines
>Automated News sites or any kind of automated blog
>Automated online Arbitrage with the help of a buy bot

Large Investment Required, but still very passive(10k+)
>Parking Garages or lots
>Laundromats
>Batting Cages
>Rental Properties
>Buying Royalty rights on music, media, etc

If you have any comprehensive guides. Post them and we'll add them here.

Feel free to add more and share your knowledge, experience, advice with others, but I think that's a lot of value that you won't find in most threads here.

Discord Server : discord (Dot) gg (slash) EFB5B4Cm

>> No.53881767

>>53880431
I will not pay for your course

>> No.53882834
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53882834

I am about to launch my online store.I already have the products, the pricing and almost everything, its 98% ready. The 2% are making me insane, its just never ending details and solutions to problems that resulted from earlier solutions.

>> No.53882869
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53882869

I'm looking to make a basic course and sell it to retards, but the perfectionism of how I want it to be done, is killing me. 2 years in and I only have a 2 min intro done

>> No.53883326

I have developed a program to generate advanced social media analytics to shill to influencers

>> No.53883362

>>53880431
Explain media buying to me like I’m a retard.

Also what do you mean by “automated news site”?

>> No.53883427

>>53880431
I have 470,000 in VUSXX right now. I will end up with a diversified portfolio of stocks as I DCA out of VUSXX and into VTI, VXUS, VB and maybe one or two others. However, I'd be interested in ways to invest into a business or something alternative that produces cash flow. I already have a small business and I am investing a bit into that. But I don't know how to invest 470k into it. Realistically I could probably put $20k to $40k per year into it and see what that does. But the rest of the funds I need to do something else with. I looked into self storage but I just don't trust that we're not months or years away from a bubble pop. What options do I have besides buying real estate or buying stocks? Maybe laundromat is a decent idea...

>> No.53883459

>>53882869
Hire it out on fiverr, get it launched in the next 3 months. That launch is just a test run for the final product. Tweak the initial launch and then relaunch with the final product in about 5 months from now

>> No.53883544

Burocraty is holding me fucking back

Europoor country, registering a company is stupidly complicated (atleast one with limited liability) and would force me to doxx myself on all websites i create, not gonna happen

Wanted to use a service to create a limited in ireland but it seems not that easy anymore, read you are forced to live there eventually


Any ideas? Orher countries you can easily create a limited like company and dont need to go there, willing to pay a yearly fee to some service

>> No.53883578

>>53883544
They have known who you are what youve dont and etc since you were born if your on earth your tracked dumbass were you born yesterday? Nobodys safe. Unless you got jesus christ with you

>> No.53883602

>>53880431
Good thread OP, we need more regular /entg/ threads
>>Buying Royalty rights on music, media, etc
What the hell do you mean by this? Like buying rights to existing music?

>> No.53883617

>>53883544
>doxx myself on all websites i create

just make a godaddy account and buy credits with dogecoin, put the whois as someone you hates address with a throwaway email.

>> No.53884087

>>53883617
>>53883544
Why do you need to register a company to start making money? Try out some ideas and THEN register the company once you realize that you can actually make sales with an idea

>> No.53884149

>>53880431
>>P2P Lending
Anyone know how to do this legally so the debts can be enforced by judgements in a court of law? I have thought about doing it the sketchy way but you can't legally enforce the debt and the borrower could even come back and sue you if they know the laws.

>> No.53884261

i keep asking but never getting clear answers, can someone break down business credit/loans for me?
>open llc
>start business
>get 50k credit or whatever
>not personally liable if shit goes under bc llc

why am i still working when i can just go get my own thing started?

>> No.53884404

Is there basic guide in how to start a business ? Like what are all the steps? Including things like sales advertising, accounting etc?

>> No.53884429

>>53884261
>open llc
Check your state/provincial govt website if you live in North America. It's different wherever you live and they each have different fees. Some places make you do it via paper forms while others have completely digitized the process. After you do this, the next step if you're American is to go to the IRS website and get an Employer Identification Number. The IRS part is free and it's basically like a Social Security Number for your business so that it's separate from you from a taxation standpoint.
>start business
Go to godaddy or some other domain host and get a website, make a Google Business profile so that you're discoverable in search results.
>get 50k credit or whatever
If you're talking about the no docs option meme that's circulating on TikTok, look up "no docs/low docs business loans". You may have to personally guarantee the loan, meaning you're personally liable for the debt if the business fails.
>not personally liable if shit goes under bc llc
You still might be liable for the loan, but in terms of not getting sued, some general info is to not mix business and personal money/assets and have a formal business agreement in place explaining how the business works. Look up "piercing the corporate veil"

>> No.53884660

>>53884261
This, having to beg to someone else for your economic survival is humiliating and gay.

>> No.53884749

>>53884429
> You may have to personally guarantee the loan
ah there it is. yea i keep seeing those tiktoks too. i imagine they would also come with exorbitant interest rates to pay them back as well.

>> No.53884806

>>53884749
If you think you have an idea, try it out on a smaller scale and if it works you can secure financing that you're capable of paying and scale up

>> No.53886157
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53886157

>>53880431
Redpill me on Dropshipping, is it a God damn scam or what? I've been browsing /biz/ for a small time now and looking into making more money after managing to make quite a fair bit in recent years. Working in a clinical lab role. Now, while you state that it only requires $100 to $1k, I prefer the idea and concept of it over others listed, I like the workflow it seems to have.

>> No.53886215

>>53886157
Sell dropshipping courses instead of dropshipping

>> No.53886312

>>53883544
if you're a business you should dox yourself

real beauricratic nightmare is all the regulation and licensing for the most basic shit on earth

>> No.53886325

>>53883544
>>53886312
just hire an accountant, not that expensive and they will do everything properly. Shouldn't be expensive.

>> No.53886386

>>53884261
banks won't loan new businesses money without you guaranteeing (co-signing) the loan/ line of credit. The harest part is getting started in a business.

If you can convince a bank to loan you money before you have any revenue / just based on your resume / experience basically you are golden. Dan Pena talks about this a lot.. How many banks have you asked for money? Go to 50 fucking banks and pitch them your idea and the research you've done, why you will make money, etc. He says they will give you the money if you ask enough. Get well dressed and go hit up some banks, preferably smaller ones.

>> No.53887172

>>53886386
okay thanks, looking into his videos now. wouldnt those still be those meme no doc/personal guarantee type loans? or is there different types?

>> No.53887739
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53887739

>>53880431
>>Digital Media or Marketing
>>Affiliate Marketing
>Freelance software development

Anyone have experience in these?
I work for an affiliate network and am decently proficient in Python. I want to give either SMS blasting or running email drops a go.

>> No.53888333

>>53884404
I would also like to request this or a mega folder

>> No.53888358

>>53886386
Post more mr. Pena you are the greatest

>> No.53888367

I just filed all the paperwork to start a security company and home automation company. Gonna be rich in no time

>> No.53889184

>>53887172
He's basically talking about a no doc/low doc loan, the personal guarantee will lower the interest rate if your credit is good