What type of business should i do?
Question:
Answer:
Be careful - you are young and rich - many con artists will be after you.
Take a deep breath and think of the things that interest you. Now ask a few questions of friends, families and others to see if people would be interested in buying these things.
Start very slow and test out the market to see if they sell and you make a profit.
Here are a few suggestions:
1) Look at a service that will save people time - this could be delivering things, cleaning things or collecting things for people.
2) Look at selling a home made item - it need not be yours.
Good luck and please take care!
I wouldn't worry about it much, every time in the past when I had more money than sense it always balanced itself out in fairly short order.
You need to think about what you are interested in. It doesn't matter what anyone suggests for you, if you don't like it you won't be successful. Once you decide, read about it, get more schooling, whatever you need to do to learn how to run a business right. Good luck.
I wonder how many answers will include the phrase "just send me $10,000" and I will make you rich.
If you want to have a business, pick something that you really enjoy. Since you have very little money, you might consider investing in Real Estate. It almost always goes up in value.
The latest investment craze is underwater mining. There are a lot of minerals; gold, copper, zinc etc. on the ocean floor. I believe a company called Neptune is about to go Public. They have a couple hundred million already invested by corporate investors, and are looking for another 100 million from the public sale of their stock. Read this months issue of WIRED magazine for more info.
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