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Old 23rd July 2008, 12:55 PM   #1 (permalink)
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How to start my own biz..

Hi all,

I am interested to venture a small business of my own, but I don't really know what to sell. Accessories, clothes are too common nowadays. Can anyone share their ideas with me??Thanx alot!

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Old 23rd July 2008, 01:34 PM   #2 (permalink)
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Re: How to start my own biz..

why not selling things online?

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Old 23rd July 2008, 01:51 PM   #3 (permalink)
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Re: How to start my own biz..

wats ur passion????

u can work from there....


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Old 23rd July 2008, 02:43 PM   #4 (permalink)
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Re: How to start my own biz..

Originally Posted by BlackHatDude View Post
why not selling things online?

hmm, did think of that, but i duno what to sell..if u say clothes and accesories, i have a coulpe of friends who are already selling that..i think most blogshops are selling those...quite competitive..

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Old 23rd July 2008, 02:45 PM   #5 (permalink)
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Re: How to start my own biz..

Originally Posted by davidkwankk View Post
wats ur passion????

u can work from there....


passion??my passion is to have a cafe of my own..haha..but i dun think that is possible for now la..no capital..

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Old 23rd July 2008, 03:23 PM   #6 (permalink)
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Re: How to start my own biz..

Originally Posted by keith_0204 View Post
passion??my passion is to have a cafe of my own..haha..but i dun think that is possible for now la..no capital..
tats not a passion...
havin a cafe s a display of tat passion...

for example...
someone loves music n makin music s a passion...
the display for the love for music s mayb to open a music theme cafe...
or startin a music studio to train musicians etc...


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Old 26th July 2008, 03:47 AM   #7 (permalink)
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Re: How to start my own biz..

Then if you want to start something online, or offline, you need to have something special like idea, but it should be the standards likes of those in the same industry. Like clothings are special, ensure the quality does too.

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Old 22nd February 2009, 08:21 AM   #8 (permalink)
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Re: How to start my own biz..

be careful of the risk of starting your own business

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Old 22nd February 2009, 10:44 PM   #9 (permalink)
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Re: How to start my own biz..

Originally Posted by keith_0204 View Post
passion??my passion is to have a cafe of my own..haha..but i dun think that is possible for now la..no capital..


I always hear people says that they have no capital... but...

How much capital do you need? Do you really have any reliable figures, of just guestimate that you don;t have enough>

Any figures?

More importantly, any idea how to run a cafe?

K.

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Old 23rd February 2009, 03:42 PM   #10 (permalink)
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Re: How to start my own biz..

I live in Bangladesh and looking for a authentic software distributor/supplier in Singapore who could supply authentic games and OS in Bangladesh. We still don't have any company in our country who would provide us with this service. i am trying to create an awareness amongst our businessmen, but hardly anyone realizes the potentiality of doing a software business. Those who already do , are in piracy business. I want to start my own business of supplying authentic software to our users, i have had it waiting for 10 years and its pissing me of. Why i am writing this to you? so that if you find it in your heart and may pass this information to someone you think who might be able to help.

You see i myself is a Computer gamer and the only way i can buy genuine games is when my brother goes to Singapore for his business reason. But he hardly helps me, and he doesn't like the idea of gaming. So now i have to search for anyone and beg so that someone might listen. I feel the needs of other gamers and software users like me. Peoples ethics have changed, and there are many who wants to use authentic softwares but still no one is coming forward with this business idea not realizing that there is a 90% market still available who requires the use of genuine softwares...sigh.

take care.

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Old 25th February 2009, 03:43 AM   #11 (permalink)
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Re: How to start my own biz..

I'm planning to venture into business too and finding partners too

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Old 25th February 2009, 11:46 AM   #12 (permalink)
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Re: How to start my own biz..

Originally Posted by laurenkhoo View Post
I'm planning to venture into business too and finding partners too
Mind sharing with us what business are you venturing into?

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Old 25th February 2009, 12:38 PM   #13 (permalink)
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Re: How to start my own biz..

I think it's good to share an overview, or at least, the category of business you're planning to venture. Not only will it reduce competitors, but also can share capital.

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Old 26th February 2009, 06:26 PM   #14 (permalink)
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Re: How to start my own biz..

Originally Posted by Kronos View Post
I live in Bangladesh and looking for a authentic software distributor/supplier in Singapore who could supply authentic games and OS in Bangladesh. We still don't have any company in our country who would provide us with this service. i am trying to create an awareness amongst our businessmen, but hardly anyone realizes the potentiality of doing a software business. Those who already do , are in piracy business. I want to start my own business of supplying authentic software to our users, i have had it waiting for 10 years and its pissing me of. Why i am writing this to you? so that if you find it in your heart and may pass this information to someone you think who might be able to help.

You see i myself is a Computer gamer and the only way i can buy genuine games is when my brother goes to Singapore for his business reason. But he hardly helps me, and he doesn't like the idea of gaming. So now i have to search for anyone and beg so that someone might listen. I feel the needs of other gamers and software users like me. Peoples ethics have changed, and there are many who wants to use authentic softwares but still no one is coming forward with this business idea not realizing that there is a 90% market still available who requires the use of genuine softwares...sigh.

take care.

Strange. I suppose if you want to sell legit software, just go and approach the various distributors. A simple google will show you who are the distributors.

It seems like you are just waiting for someone to go to your country and say: "These are the game software, go distribute."

But things don't happen that way. Well, they do, but it won't land on your laps. You have to go hunt for them.

Unless you do not have the capital to buy or manufacture the disk. Then you might want to take a risk and ask for a loan if you feel that strongly about the game software market.

On another topic,

the question of 'what to sell' has been the one topic that NO business course will tell you. More often then not, you will be ask what is it that you know and loved. BUT you also have to be realistic and gauge if there is a market for whatever you like.

You can sell almost anything on earth. BUT unless there is a sustainable market... you might just make one sale and that's that.

I also believe that if you are doing what you believe in, it will become sustainable one day. Question is: how long? We have to eat, sleep and do whatever. All of it takes $$, especially so in Singapore. If you are the type that believe that if you go at something long enough you will become good enough to make a living out of it. You have to be able to survive til that day.

K.

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Old 27th February 2009, 11:36 AM   #15 (permalink)
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Re: How to start my own biz..

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Old 27th February 2009, 05:07 PM   #16 (permalink)
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Re: How to start my own biz..

It's difficult to set up a business in times like this.

And if you intend to get a partner, you do not know if he/she is reliable or trustworthy especially those who wants you to pour in capital into a business.

But then agin, no pain no gain.

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Old 27th February 2009, 06:06 PM   #17 (permalink)
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Re: How to start my own biz..

Originally Posted by svpam_ms View Post
It's difficult to set up a business in times like this.

And if you intend to get a partner, you do not know if he/she is reliable or trustworthy especially those who wants you to pour in capital into a business.

But then agin, no pain no gain.
Actually, it might be the best time to start a business. Unless you are an old hand at this, it is the est time to learn the ropes. As you know business won't be good, you will be extra careful as to spending (lower cost) and getting sales (increase income). You will learn to gauge the market, and see if whatever you are selling has a market.

At worst? Declare bankrupt. But if you set things up properly, your business can go bust, but you won't.

K.

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Old 27th February 2009, 06:19 PM   #18 (permalink)
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Re: How to start my own biz..

I would like to sells Japen& Korea Fashion dress as well as handbags of luxury brand !!
Do not know if it is good business ??

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Old 27th February 2009, 06:35 PM   #19 (permalink)
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Re: How to start my own biz..

But you are already selling it.

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Old 27th February 2009, 07:46 PM   #20 (permalink)
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Re: How to start my own biz..

Originally Posted by cosygirl View Post
I would like to sells Japen& Korea Fashion dress as well as handbags of luxury brand !!
Do not know if it is good business ??
You have a blogshop, right?

What is your business tellng you?

What is your cost? If you have stock, what is your stock turnover? What is your revenue? From your sales, which are the item(s) that is selling the most, in term of profits or number?

There is a lot of information in your business. It can tell you what to do.

E.g. You have 10 items on your catalogue. No. 1 & 3 is selling the most. If you want to advertise, showcase these two items first. when you look for new peoduct, choose something similar first. But since you are in fashion, you have to keep up with the times. Showcase some that is similar to what is the hottest stuff.

Remember that you are selling to someone else, not yourself. Don't pick up stuff that you like. Pick up stuff that sell.

K.

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