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/biz/ - Business & Finance


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50778821 No.50778821 [Reply] [Original]

How hard is it to become rich by selling cheap things and just selling a lot of them? For instance:
>lighters
>beverages
>key chains
>nuts and bolts
>screws
>contact cases
>etc.

Like cheap plastic/aluminum shit that nobody really thinks about. Why can't I do this and become a millionaire?

>> No.50778864

how are you going to compete with the chinese megafactories already making that shit

>> No.50778881

>>50778864
Just by making them look cooler and having neat designs. Essentially just find some sort of stupid niche that will appeal to people while keeping the price relatively the same.

>> No.50778885
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50778885

You can do that anon.Make sure your 13 step KYC process is complete and your Biometric Credentials recorded. You can then use your profits to send some back home to Mexico. Your plastic goods will become fleshy smiles through Everest

>> No.50778915

>>50778881
sounds like a typical kickstarter scam. you could try kickstarter.

>> No.50778942

>>50778821
Well it is possible to become "rich" making screws or "fasteners" buy some cnc machines. Put them in a shop. Have kids in high school run the machines day and night for not a lot of money and make them do it FAST and you too could be rich. I'm telling you the exact business model of a company I know. Also get govt contracts.

>> No.50778986

>>50778942
Government contracts are good. You just need to have a minority owner, employ 27% or more minorities and know a few people. That will get you in several matoc pools for the dod.

>> No.50778997

>>50778986
>minorities
So, white people?

>> No.50779032

>>50778881
I just saw an ad for Fiji water that ends with “it’s not just water, it’s Fiji water”, which is a very Don Draper “it’s toasted” moment. But I bring it up because sure, you can make some difference on brand. But usually you will need some plausibility. Like if you’re selling Lucky Strikes you try to do what they did, present a pretty typical production process as unique in some way. Fiji does the same for its water. But it isn’t that easy because other people try to do this all the time, so there is difficulty in competing with them for low costs from manufacturers and generally distinguishing features in the market.