what would u do if u had 100 000 dollars?
By heartonfire
@heartonfire (4119)
Denmark
October 10, 2006 5:21pm CST
i often thought a lot about how to make money for a decent life and not only for survival,maybe also because i come from a poor country and a normal sallary is misery...but then i realised that even if i could somehow find some money to start a buisness i wouldn't have any idea what to do with them..so i come up with the question:what kind of buisness would u start if u had the chance?what kind of buisness do u think it would work in our days?who knows,maybe we can make something out of this:)
1 person likes this
43 responses
@heartonfire (4119)
• Denmark
14 Oct 06
good answer,i think i would do the same,because this is one of my dreams...to have my own cosy place,that i can arrange it exactly the way i imagine it ..and to make it my home...who knows...maybe if we think positive,it will come soon..;)
@dellion (6698)
• Malaysia
15 Oct 06
Firstly the said amount can only cover my family need for about five years and secondly if i got that kind of money for sure I will take chance to invest on somethings that I feel it have better chance compare to leave on bank and some for my own business cashflow and probably I will buy some assets if I stil have sufficient fund left. I f you really think about doing some business you can try on just any kind of business that request small amount on start up as to ake some real lessons on business world. My advise was look on those really easy and you are interested as your start and from there take your chance to learn anything you could.
@heartonfire (4119)
• Denmark
15 Oct 06
i am from romania.it's a poor country at the moment,not many things to do here,if u don't have a buisness u dont have much unfortunately
@heartonfire (4119)
• Denmark
15 Oct 06
well of course i was thinking about something easy to start with,but i really have no ideas in something for the future,that's why i ask more opinions.thank you for your comment
@moneymind (10510)
• Philippines
14 Oct 06
i would start me a small business and the rest would be going to the bank, i think an internet cafe will do for me at least i have a little knowledge about computers and softwares then i would expand for another branch just incase this wishful thinking will be realised. my place/country too gives small sallary and very hard to find job..... greetings. : )
@moneymind (10510)
• Philippines
16 Oct 06
there are always other businesses to choose from, its just a matter of concentrating to them. greetings. : )
@heartonfire (4119)
• Denmark
15 Oct 06
yes,i was thinking about a small buisness too,but where i live there r plenty of internet cafes..i don't know if it is such a profitable buisness here...
@heartonfire (4119)
• Denmark
15 Oct 06
i can see almost everyone would buy a house..i thought it was just me living by rent..and not affording a decent life..
@limcyjain (3516)
• India
15 Oct 06
I woukd put part of my money in fixed deposit and part of it in risky instruments like shares and of course spend some on spreading word that god is there to take care of us all.
@blondetruly (826)
• United States
17 Oct 06
I struggle with the same thoughts...I would not know what to start.
@heartonfire (4119)
• Denmark
17 Oct 06
maybe we get some ides from other people ,thats why i started this discussion:)
@heartonfire (4119)
• Denmark
1 Nov 06
oh,i haven't been in a theatre since i was little..i must admit i don't like to go,i rather see a moovie or read a book...i guess it depends on the education,the country you were born in..and the quality of the theatre in every place...
@heartonfire (4119)
• Denmark
2 Dec 06
talking about leaving the money in the hands of a woman huh?:P..i know cause i would need a loooot of things also:)
@heartonfire (4119)
• Denmark
30 Oct 06
would you really?because i could say so now also,but i don't know if when i see that kind of money and when i start investing and spending ,i won't chose my mind meanwhile:)
@FreddyLim (161)
• Singapore
15 Dec 06
If I have 100k, I would used certain portion of it to get a property and rent it out. Then I would invest another portion into swisscash.biz and have a handsome payout at the end of 15 months. 300% returns.
@heartonfire (4119)
• Denmark
15 Dec 06
wow,sounds like a good deal..if i ever get that kind of money i will ask you for advise:P
@HerShe (2383)
• Canada
17 Oct 06
I don't know in what country you live. I do know that no matter what country you are people need to eat. Whatever business you decide on, make sure you do your market research beforehand. Know your competitor. That is the first thing you do. When you know those two things. you can decide where you will start your business. eg: If the neighbourhood where you wanted to market beef was comprised of people who don't eat meat, well, that just wouldn't work out. The products or services you want to market need to relate to your potential customers. The rest you have to figure out. You wouldn't want to waste any of that $100,000.00. That would be regretful.
@heartonfire (4119)
• Denmark
17 Oct 06
well,u seem to work in marketing:)..i might have better ideas if i also had that kind of money..thank your for your answer,i will consider it even if it is for a small buisness...and till then i must think how to get the money for it because here its hard to get a good job,unfortunately
@Lackingstyle (7509)
•
16 Oct 06
I don't think I could even buy a house with 100 grand. It's like 50 grand in my curreny. The dollar is far too weak in comparison to the pound.
With that kind of money, investing it wisely would give you more turn than making a business from it.
@brett80 (190)
• Australia
17 Oct 06
You don't need $100000 to start a business. I started mine for under $1000. I have mine in the bank at the moment. I want to invest it but i might have to buy a house next year and ill need the money. If i had another $100000 i would start buying houses in the states. They are getting great rental returns over there. The stock market is also a good investment so long as you wont need the money for 5 -7 years. Happy spending
@heartonfire (4119)
• Denmark
17 Oct 06
haha,i dont have that kind of money either,in fact if u can tell me how u managed to start a buisness with 1000 dollars i will happily take your advice,i really need to start one,cause a good job is hard to find here
@tentwo67 (3382)
• United States
15 Oct 06
With that amount of money I could pay off all of my debt, including the mortgage, which is the biggest debt by far. Then I would feel as though perhaps I had found that magic reset button I fantasize about, at least in terms of money. Any remaining money might go toward home improvement or a new car, or saving for next year's private school tuition for my son.
