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Young Entrepreneur Forums » General Business » General Business » Need some advice with my money...



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Old 04-22-2008, 10:06 PM   #1 (permalink)
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Exclamation Need some advice with my money...

Hey guys. Well I'm a 19y/o (soon to be 20) and right after High School I started working full time. I've been supporting myself since I was 17. I paid for ALL my bills - cellphone, car, gas, utilities, rent, etc. I've managed to save up $11,000 from all the work I've done... I am a young entrepreneur, I always come up with GREAT ideas that I know that will be a success but I just never act on it... I just moved in my area and I don't know alot of people.. And the people that I already know are the typical 20-something guys. They have a different mindset than I do.

Anyways, I am a very motivated person. Once I start on something, I NEVER finish my work with an "OK" I always want to finish with an "EXCELLENT WORK!!! A+++". I really just don't know how to start on something.

Lately, I've been really wanting to get into car flipping, buying cheap, totaled/wrecked cars and fixing and selling them for a profit... And I want to start my own beverage (something I really have no clue on how to start on, and I know it's expensive with start-ups) ... I come up with different ideas everyweek ... Everytime I get so motivated and really want to start something, I get stuck on "where to begin" process...

So for these two ideas, can anybody give me an advice on how to start? Where to begin?
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Old 04-22-2008, 10:44 PM   #2 (permalink)
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network with people already in the business you are trying to get into. I would say call companies up that you see that are already doing it. Ask for the owner or how you can get in contact with them. If you get the chance to get in contact with an owner invite them out for lunch and if they say yes ask all the questions that you have.
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Old 04-22-2008, 10:54 PM   #3 (permalink)
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haha i feel the same bro. i been in that same place for a while now being so motivated where i can barely sleep, but never knowing where to start. i been tryign to network and tried talking to other people but so far im clueless.
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Old 04-22-2008, 11:19 PM   #4 (permalink)
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first of you have a lot of good ideas , that's good for someone who is an entrepreneur.but i
suggest focusing on a specific idea , and put your plan in action. the reason for this is that your resource is limited . you can't do everything and perform well .do what you good at
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