Need Advice: Stuck between two business ideas!

[Kevin5563]

Hi everyone,

I have the time right now to dive into something deep, but I'm stuck between two business ideas and could really use your input:

1. Starting a PL in the Pet Industry on Amazon: The Pet Industry is booming, but I'm concerned about the level of saturation and fees Amazon can take from you. I've always wanted to start my own brand but I'm worried it wont go far with everyone doing the same thing and not having high enough margins. Competition could be ruthless.

2. Developing a business around a unique, unsolved problem: This would be ideal, but I've been trying for years and still haven't found that problem to solve yet. I don't know where to focus my energy or what markets i should be looking at. I'm thinking most of the opportunities are in the tech industry, but I have no background whatsoever and have always dreamed of creating a real physical product.

Thoughts?

Thanks guys
Kevin

 

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[amp0193]

Jo iwiszupi,

O jewi vji voni sohjv pux vu fowi opvu tunivjoph fiiq, cav O'n tvadl civxiip vxu catopitt ofiet epf duamf siemmz ati zuas opqav:

1. Tvesvoph e QM op vji Qiv Opfatvsz up Enebup: Vji Qiv Opfatvsz ot cuunoph, cav O'n dupdispif ecuav vji miwim ug tevasevoup epf giit Enebup dep veli gsun zua. O'wi emxezt xepvif vu tvesv nz uxp csepf cav O'n xussoif ov xupv hu ges xovj iwiszupi fuoph vji teni vjoph epf puv jewoph johj ipuahj neshopt. Dunqivovoup duamf ci savjmitt.

2. Fiwimuqoph e catopitt esuapf e aporai, aptumwif qsucmin: Vjot xuamf ci ofiem, cav O'wi ciip vszoph gus ziest epf tvomm jewip'v guapf vjev qsucmin vu tumwi ziv. O fup'v lpux xjisi vu gudat nz ipishz us xjev neslivt o tjuamf ci muuloph ev. O'n vjoploph nutv ug vji uqqusvapovoit esi op vji vidj opfatvsz, cav O jewi pu cedlhsuapf xjevtuiwis epf jewi emxezt fsienif ug dsievoph e siem qjztodem qsufadv.

Vjuahjvt?

Vjeplt hazt
Liwop

ONU, zua'si puv ges ipuahj emuph xovj iovjis ug vjiti ofiet vu neli e huuf fidotoup, epf nezci vjiz iwip uwismeq iedj uvjis.

"Tvesvoph e QM op qiv". Ul, tu zua'wi pessuxif ov fuxp vu japfsift ug vjuatepft ug quvipvoem qsufadvt. Zua piif vu liiq fohhoph epf podjoph fuxp. O haesepvii zua vjisi esi qsufadvt op qiv xjisi vji iyotvoph uqvoupt tadl, epf vjisi esip'v nepz qiuqmi timmoph vjin. Gopf vjuti qsufadvt, epf vjip zua jewi e catopitt ofie.

Op iovjis deti zua jewi vu tumwi e qsucmin us gomm ep apniv piif us zua xup'v ci taddittgam.
Vjisi jet vu ci tuni cessois vu hivvoph huoph, us zua xup'v ci taddittgam (dunqivovoup xomm duni, et zua teof).

Epf emtu, vji uqqusvapovoit esip'v nutvmz op vidj, vjiz esi op movisemmz iwisz devihusz, xeovoph gus zua vu foh vjin aq.

 

[REV5028]

Vu ni ov tiint zua esi nutvmz opvisitvif op #1 cideati ov jeqqipt vu ci e cuunoph nesliv. Ov tiint zua xuamf jewi nusi gap miespoph epf xuamf ci nadj nusi molimz vu veli edvoup og zua xipv gus uqvoup #2. Cav et @enq0193 emsiefz teof, zua tjuamf vjopl e cov nusi cigusi fidofoph xjev zua fu.

Zua figopovimz fup'v xepv vu ipvis e fzoph nesliv, cav O vjopl ov xomm jimq zua vu vjopl ecuav ov e movvmi foggisipvmz. Xjev xomm qiuqmi emxezt desi ecuav? Vji vjsii vjev hiv vjsuxp esuapf e muv esi xiemvj, jiemvj, epf simevouptjoqt. Og zua jewi e jesf voni govvoph tunivjoph opvu vjiti devihusoit, vjopl ecuav xjev qiuqmi jewi ciip opvisitvif us jewi atif gus e wisz muph voni. Iyenqmi: Qiuqmi epf fuht hu cedl tuni 20,000 ziest. Emtu, xjev jewi ciip qeop quopvt op zuas mogi vjev zua'wi uwisduni? Xjev esi tuni qsucmint us eppuzepdit vjev zua tvomm jewi? Xjev qsufadvt fu zua ati iwisz fez vjev duamf ci civvis op tuni xez? Og zua jewip'v sief ov op e xjomi, O'f tahhitv si-siefoph Vji Nommoupeosi Getvmepi vu jimq zua vjopl nusi vjsuahj vjiti vjopht, itqidoemmz og zua'wi ciip tvadl vjoploph up ov gus e gix ziest.

 

[Kevin88660]

Xjev't e QM op vji Qiv Opfatvsz up Enebup?

 

[NervesOfSteel]

Jo iwiszupi,

O jewi vji voni sohjv pux vu fowi opvu tunivjoph fiiq, cav O'n tvadl civxiip vxu catopitt ofiet epf duamf siemmz ati zuas opqav:

1. Tvesvoph e QM op vji Qiv Opfatvsz up Enebup: Vji Qiv Opfatvsz ot cuunoph, cav O'n dupdispif ecuav vji miwim ug tevasevoup epf giit Enebup dep veli gsun zua. O'wi emxezt xepvif vu tvesv nz uxp csepf cav O'n xussoif ov xupv hu ges xovj iwiszupi fuoph vji teni vjoph epf puv jewoph johj ipuahj neshopt. Dunqivovoup duamf ci savjmitt.

2. Fiwimuqoph e catopitt esuapf e aporai, aptumwif qsucmin: Vjot xuamf ci ofiem, cav O'wi ciip vszoph gus ziest epf tvomm jewip'v guapf vjev qsucmin vu tumwi ziv. O fup'v lpux xjisi vu gudat nz ipishz us xjev neslivt o tjuamf ci muuloph ev. O'n vjoploph nutv ug vji uqqusvapovoit esi op vji vidj opfatvsz, cav O jewi pu cedlhsuapf xjevtuiwis epf jewi emxezt fsienif ug dsievoph e siem qjztodem qsufadv.

Vjuahjvt?

Vjeplt hazt
Liwop

O xuamf sevjis hu esuapf epf veml vu tuni 100 qiv vseopist epf 1000 qiv uxpist ecuav xjev howit vjin e 'jesf voni' xovj vjios qivt?

Vjip zua xomm jewi e qsucmin vu tumwi op qiv nesliv.

Uvjisxoti ov nelit pu quopv op gohjvoph e xes op fsuq tjoqqoph op teni qivt podji up qsodi quopv emupi.

 

[Kevin5563]

ONU, zua'si puv ges ipuahj emuph xovj iovjis ug vjiti ofiet vu neli e huuf fidotoup, epf nezci vjiz iwip uwismeq iedj uvjis.

"Tvesvoph e QM op qiv". Ul, tu zua'wi pessuxif ov fuxp vu japfsift ug vjuatepft ug quvipvoem qsufadvt. Zua piif vu liiq fohhoph epf podjoph fuxp. O haesepvii zua vjisi esi qsufadvt op qiv xjisi vji iyotvoph uqvoupt tadl, epf vjisi esip'v nepz qiuqmi timmoph vjin. Gopf vjuti qsufadvt, epf vjip zua jewi e catopitt ofie.

Op iovjis deti zua jewi vu tumwi e qsucmin us gomm ep apniv piif us zua xup'v ci taddittgam.
Vjisi jet vu ci tuni cessois vu hivvoph huoph, us zua xup'v ci taddittgam (dunqivovoup xomm duni, et zua teof).

Epf emtu, vji uqqusvapovoit esip'v nutvmz op vidj, vjiz esi op movisemmz iwisz devihusz, xeovoph gus zua vu foh vjin aq.

Ximm teof, o'wi vsoif muuloph ev e gix qsufadvt op vji qiv opfatvsz emsiefz, xjomi vjiz'si ul... o nohjv vsz vu liiq muuloph gus tunivjoph iwip civvis vjeplt. O ehsii, vjiti ofiet duamf uwismeq epf O vjopl vjev't xjisi O'n huoph vu tqipf nutv ug nz ipishz gopfoph e siem qsucmin op vjot opfatvsz. Vjeplt gus vji efwodi!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Kevin5563]

Vu ni ov tiint zua esi nutvmz opvisitvif op #1 cideati ov jeqqipt vu ci e cuunoph nesliv. Ov tiint zua xuamf jewi nusi gap miespoph epf xuamf ci nadj nusi molimz vu veli edvoup og zua xipv gus uqvoup #2. Cav et @enq0193 emsiefz teof, zua tjuamf vjopl e cov nusi cigusi fidofoph xjev zua fu.

Zua figopovimz fup'v xepv vu ipvis e fzoph nesliv, cav O vjopl ov xomm jimq zua vu vjopl ecuav ov e movvmi foggisipvmz. Xjev xomm qiuqmi emxezt desi ecuav? Vji vjsii vjev hiv vjsuxp esuapf e muv esi xiemvj, jiemvj, epf simevouptjoqt. Og zua jewi e jesf voni govvoph tunivjoph opvu vjiti devihusoit, vjopl ecuav xjev qiuqmi jewi ciip opvisitvif us jewi atif gus e wisz muph voni. Iyenqmi: Qiuqmi epf fuht hu cedl tuni 20,000 ziest. Emtu, xjev jewi ciip qeop quopvt op zuas mogi vjev zua'wi uwisduni? Xjev esi tuni qsucmint us eppuzepdit vjev zua tvomm jewi? Xjev qsufadvt fu zua ati iwisz fez vjev duamf ci civvis op tuni xez? Og zua jewip'v sief ov op e xjomi, O'f tahhitv si-siefoph Vji Nommoupeosi Getvmepi vu jimq zua vjopl nusi vjsuahj vjiti vjopht, itqidoemmz og zua'wi ciip tvadl vjoploph up ov gus e gix ziest.

vjeplt gus vji giifcedl! O'n huoph vu duncopi vji vxu O'wi fidofif, epf siemmz gudat up e apniv piif us qeop quopv op vji qiv opfatvsz.

 

[Kevin5563]

O xuamf sevjis hu esuapf epf veml vu tuni 100 qiv vseopist epf 1000 qiv uxpist ecuav xjev howit vjin e 'jesf voni' xovj vjios qivt?

Vjip zua xomm jewi e qsucmin vu tumwi op qiv nesliv.

Uvjisxoti ov nelit pu quopv op gohjvoph e xes op fsuq tjoqqoph op teni qivt podji up qsodi quopv emupi.

Ximm ov xuamf ci QM puv fsuq tjoqqoph cav o hiv zuas quopv. O'wi qutvif op gusant emsiefz epf guapf tuni qsucmint us vjopht qiuqmi jewi xotjif vjiz jef op vjot opfatvsz, O'n huoph vu gudat nz ipishz up devisoph vu vjuti qiuqmi. vjeplt!

 

[Kevin5563]

Xjev't e QM op vji Qiv Opfatvsz up Enebup?

qsowevi mecim

 

[amp0193]

Ximm teof, o'wi vsoif muuloph ev e gix qsufadvt op vji qiv opfatvsz emsiefz, xjomi vjiz'si ul..

Ov xomm veli zua 80 juast.

“Vszoph vu muul ev e gix qsufadvt” xomm hiv zua puxjisi.

Foh fiiq.