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  1. #1
    DJ Samson is offline Senior Member
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    Planning for the future

    I'm a teen entrepreneur and I'm preparing to take the next step and to jump into business. I wrote a book that I'm going to sell online. It's not a large investment (roughly $400) and the ROI is not large either, but it's been something I wanted to do since the topic is very interesting to me.

    I've been told that I should be trying to get into a growing industry that is attractive to me rather than setting up a bunch of blogs. I took a transportation class last semester and we learned about bio diesel. Obviously alternate fuels is going to be a huge market, but I'm not sure how I can enter it.

    Should I be trying to make biodeisel in my basement and sell it for cars? This doesn't sound very productive. Or I could develop a lawnmower or lawnmower engine that takes bio diesel. I'm still very young so I'm not eager to enter the consumer market. I bet there are alot of other people my age who aren't trusted because of their age.

    Am I correct that I need to find a "need" in an innovational market? Should I be trying to build a business rapped around biodiesel that sells to other businesses like retailers?

    Thanks.

  2. #2
    DrMoney's Avatar
    DrMoney is offline YE Veteran
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    Well, if you want to discuss this man, I would love to.

    aim-ecbloodmoney

    I have a great idea for bio fuels, and would like to learn more.
    --20yr Old Entrepreneur--
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  3. #3
    The Stealthy One is offline YE Veteran
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    If you're interested in bio-diesel, but not sure if you want to actually develop it (or the engines that use it), why not focus on one or more informational Websites related to bio fuels?

  4. #4
    akula's Avatar
    akula is offline Moderator
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    DJ, martin tobias is your man

    http://www.martinandalex.com/blog/

    http://www.imperiumrenewables.com/martin.tobias.html

    he's a sucessful Seattle vc, who quit his very lucrative vc career to take a position as a CEO of a biodiesel startup

    talk to him

    ask him where the opportunities are in biodiesel

    he's the best person who can help you

    you can apply for a job at his company

    http://www.seattlebiodiesel.com/jobs.html

    they manufacture and sell biodiesel

    the man can teach you a lot about business

    his prior company got sold to nokia and he's also doing large scale property development
    Last edited by akula; 04-26-2007 at 08:37 AM.

  5. #5
    DJ Samson is offline Senior Member
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    Daniel,

    Wow, thanks alot for the tip. I just sent Imperium Renewables an e-mail.

    This may be a bad question, but I'm turning 16 and I have two more years in high school left and then college. Is there any possible way I could work for a company like Imperium at my own residence?

    Thanks again.

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