new, need some advice

[w00cash]

Hi Everyone, My name is Lukas. I am 20 years old, moved to U.S when i was 12 from Poland. I am always looking for new business opportunities to engage in. As of recently, I have decided I need to get back into e-business, as I have done almost 5 years ago and made pretty decent income for a 15 year old. I had a site on which I offered information on web hosting and site building. This venture unfortunately ended soon for me as I became only interested in having fun and do little work. Only recently I got back on my feet and invested all my savings with my two other friends into real estate and bought two properties around Boston area to flip. Unfortunately we've done it at the worst possible time, right before the market crush. We could not afford to hold on to the houses so we've sold them at a current market price and lost on the whole deal. So that's my entrepreneurial story. Now as I said am trying get back into online business, but not quite sure what I want to do. I Have few ideas, here they are ( I would greatly appreciate any feedback on them):

- A webstore on which you could buy car accessories for professional drivers( I drive for a living, and I could not find a web store that would directly counter our profession) maybe start drop shipping the items first as my invest capital is little?

- A webstore on which I could sell items directly from Poland to the Polish group that lives here in U.S ( the only problem with this is there is already few websites like this and am not sure if the market is big enough for another store) does anyone here have experience of doing this?

- I also think I have a great invention idea concerning language learning but I don't think it could be done at all, maybe it could but with huge investment capital which I am not able to fulfill. Is there anything I can do about this?

- Buying a running website under $2000. ?

- Last resort is MLM, never done it but negative feedback out numbers the positive feedback. ?

Thank you, Lukas.

[badz525]

#1 : i dont know the market. How huge it is.
#2 : You have two options. Use the same concept but added other unique services. Or else, you will never make it to the "frontline"
#3 : Capital, start small with no money is always the best. I dont want to take too much risk when im still young, do not have masters qualification and in needing of more experience.
#4 : You should buy only if you interested about the content, the community and know how to manage them effectively.
#5 : Honestly i hate MLM. Ive been in MLM business for 5 years. Its great business 5 years ago. Then came shitty MLM company and things got worst.

My suggestion : Discipline yourself for 3 months or 6 months to learn new skills in web design and development. You dont need to learn deeply the principals. Just learn the practical skills such as XHTML/CSS coding. Once done with that. Learn to understand wordpress system. Then start Ajax programming. After that you are good to go. Start your own foundation. Keep moving for 2 or 3 years and you are valuable o the marketplace.

Or you can start working in International company that is specialized in IT such as Sony or Apple. While working there, study the way they handle the store. After 1 year of working. Start studying your experience. MAke sure you documented everything while you are working there. Write your own book for personal referrence. Use that book to write a book to publish. Telling people your experience. Then, start your own small IT store. Within 3 years. If you know how to utilize everything you have, You will have your second store opened

[The Phantom Ghost]

Hi and welcome to the forum Lukas.

Gl

[w00cash]

Hey guys thank you very much for the welcome and advice!

[Sophie]

The best business advice I've found has been in a book I read recently, "Bootstrap Business: A Step-by-Step Business Survival Guide". It goes through the process of starting your own business in detail, but it's a fun read and very engaging - I'd definitely recommend it if you're trying to decide between your different options. And I would stay away from MLM - I've had family members lose all their money in MLM.

[Franakapan]

- A webstore on which you could buy car accessories for professional drivers( I drive for a living, and I could not find a web store that would directly counter our profession) maybe start drop shipping the items first as my invest capital is little?

An interesting idea imo. A quick Google search revealed a few websites selling these kinds of products only one US site although I'm using google.co.uk) already although if you have specific products in mind then you might have a good opportunity, especially if you develop a good looking website (the US one I've seen is shite).

- I also think I have a great invention idea concerning language learning but I don't think it could be done at all, maybe it could but with huge investment capital which I am not able to fulfill. Is there anything I can do about this?

You could do a load of research and talk to a few people who might be able to point you in the right direction... Look at similar or related products too