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£100 to £100k

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Comments

  • thor
    thor Posts: 5,506 Forumite
    Part of the Furniture 1,000 Posts
    Like most businesses your idea relies on luck. Just working hard is not a guarantee of success. Fundamentally you will need to find something which sells well. Most people say that this requires skill but I disagree. During the video cassette wars 3 decades ago it was widely thought that betamx was the superior format. yet it was VHS which won in the end or in other words 'got lucky'.
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    Yes in theory great idea. But why will people give you £1 on a stall for something they can get 2 of for that price at the poundland shop around the corner?

    This is also far to small time to get big. Are you really going to get customers over the lovely british weather in the winter, queing up to buy your £1 product for £2. Its a tough world out there, you need a proper buisness plan before you try anything. If you plan well with good ideas,capital and resourses behind you then you are half way there.
    Work in progress...Update coming July 2012.
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