If someone gave you $20,000 right now to start a business, what would it be?

MJ Truth

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I'd do stocks as well. or mutual funds. I'm not risking all that cash on a business when the majority of businesses fail. at least with the stocks, they will go up or go down, but it's not likely I lose everything..
Yeah, but there's reasons for that which you would have control over though.
 

PCHMalibu

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Adult ent online... Have somebody verify ages. :francis: sex sells and I like being wealthy. :yeshrug:
 

PCHMalibu

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A black vegan restaurant ( soul food vegan restaurant). Plus I would add a raw vegan bar next to it.


The black vegan community has money and they want to eat at black owned restaurants.
I'm vegan breh. Would def support and yes, there is a need.
 

DirtyMoney

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1.I would sell products to Diagou's (asian big sellers) eg buy X, ship to them & profit. A friend sold them 90k of peanut butter for $245k(shipped and sent)
2.I would trade crypto with an aim of making X % daily and losing risking no more than 1% of capital
3.Dropshipping.. buy an exitsing site or start a new one.
4.Online business etc
 

BasketCase

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Buy an already established website that gets most of its traffic from google and makes most of its money with ads. This way I'm minimizing risk because I'm not creating something from scratch, I'm buying something that is already working and is generating money from day 1. Plus, this is as close to "automatic" money as it gets. Very little time would have to be spent on this per day. This is not a trade time for money type of business.
 

SuperGrizzy

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As of know I’m making women’s jewelry in gold and silver with gemstone inlets. Most fine jewelry on the market is too flashy in my opinion so my pieces are a lot more minimalistic.

Here’s the cad rendering for a piece in my new collection:
2zi5wzr.jpg

:hhh:
 

L Ray

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Id buy some acres of land in the boonies right outside the city and rent it out to farmers:yeshrug:. My cousin has a house in the stix and is eating good off of it.
 

DrBanneker

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$20k is hard and eliminates any business with consistent overhead (like rented space) or major equipment but I can try...

Domestic:

Local organic/natural food company. Either source organic meat or veggies and sell locally to chefs at restaurants, hotels, or food producers. Need less space and people than retail.

Fermented food (not kombucha, too saturated) business. Hipsters love that stuff.

Black American travel tour company - spend $5k traveling around Europe, South America, or Asia and creating relationships and a tour plan and then market to Black professionals.

Delivery/takeout only soul food restaurant near PWI college with a sizeable Black population. Equipment costs are a bytch though, even if leased

Local Black neighborhood bodega: run it yourself or hire people to do it. Maybe have them pay you per day like barber shops and let them keep the rest will help keep you from worrying about stealing and hookups. Security can be an issue though.

Domestic/International:

Spend $3-5k traveling to Asia or Europe and look at local retail, restaurant, or service ideas not available here that I could implement easily in the US with the rest of the money

International:

Set up a light manufacturing company for a local basic necessity that is mostly imported in Ghana, Senegal, Rwanda, or Tanzania. Maybe Caribbean too but they are more expensive.
 
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