I was wondering whether it would be safe to start an intangible business...something which is relatively cheap compared to something which needs a lot of capital inputs.

After 30-40 years down the line, I'd like to see myself as the owner of a green energy company. I think that's the industry where the next boom will be. Unlike the dot com boom, its not something that everyone can get their hands on. This primarily due to the following reasons:

1. Any tangible business, especially industries, require vast amounts of $$$$. I dont have the finances required for such businesses. Although I can go chase venture capitalists, its insanely tiring and at the end of the day, they own the business. Not me. I'd like to own all shares.

2. It requires a lot of manpower. Skilled manpower to be specific.

3. It's an industry which is very hard to break into.

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Low inputs business:

Let's take for example, facebook.

Assuming I had the talent and the technical know how Mark Zuckerberg and his friends did, At most, I think it would take only $50,000 to create a website like Facebook which would rapidly boom and expand and bring revenue by the millions.

This is all hypothetical but that's exactly what I'm pointing at.


Isn't it better to experiment with a fairly low investment required business (Like a website) rather then meddle with something which requires millions and brings a lot of headaches.



I haven't ventured into anything so far and I would like to know all of your opinions before I take a plunge into becoming an entrepreneur.

I know this is what we all look for, it's a dream business. Something which requires a few thousand dollars but gives back millions in less than a decade.



So wouldn't it make sense for a first timer to experiment with something cheap , something with a lot of potential than something vague and something highly expensive?


When judged by the time criterion and the growth criterion. I think it makes incredible sense to start a low inputs business.