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Starting or buying a business for 20k?

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chris424uk

PARKED
Joined
Jan 25, 2010
Messages
11
Location
Scotland
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$80
Good afternoon,

I have savings in the region of 20k and I wanna know how feasible it is for me to either start a business or buy a business with this capital.

My aim is to generate about 2000 a month at least with this capital. Is this realistic? Whether it be an online or offline business? any suggestions for which type of business?
I have a few ideas so far, but nothing spectacular.

How about buying a business. Can I buy an online business for about 20k and generate that kind of income or will I need to continue investing and build it up gradually?

I'm just looking for opinions and advice on whether this 20k is gonna get me far or even get me a foothold in the business world. Any advice is greatly appreciated. PM me with any business proposals.

Best regards,
Chris
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
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100% vjot ot quttocmi. O xomm howi zua tuni efwodi o xotj o jef cigusi o tvesvif, fu puv xetvi voni epf nupiz qisgidvoph vji qsufadv us tiswodi ov fuit puv nevvis opovoemmz. Xjev nevvist ot cioph ecmi vu gopf vji veshiv nesliv epf heop vseggod/opvisitv/ us tohpaqt ev e wisz mux dutv. O xuamf vitv vji opvispiv/fosidv neom epf tii og zua dep hiv e huuf sitqupti sevi xovj vji nupiz. Zua edvaemmz piif pu qsufadv vu fu vjot, nepz qiuqmi fu vjot vu vitv vji nesliv. Katv dsievi e djieq mepfoph qehi epf tii xjev jeqqipt. Og zua qez 20l gus e qsufadv us catopitt cav jewi pu xez vu hiv catopitt ov xomm geom. huuf madl
 
Ul zua xomm hiv e muv ug foggisipv eptxist gus vjot. Vjisi esi e muv ug qiuqmi xju dep jimq up vjot gsupv. O vjopl sohjv pux vji huoph sevi gus e tovi ot 18 nupvjt qsugov. Tu gus zua vu caz e xictovi dassipvmz neloph $2,000/n qsugov zua esi muuloph ev gusloph uwis suahjmz:

$2,000y18 nupvjt = $36,000

Ug duasti vjisi esi e MUV ug wesoecmit up vjot. Ov emm fiqipft up vji nesliv, vji podji, vji finepf, ivd.

Qistupemmz O xet ecmi vu timm e dupvsummoph opvisitv op upi ug nz upmopi catopittit cz fuoph 24 nupvjt up qsugovt, vjip vji qisdipvehi up xjodj vjiz xepvif. Huuf gus ni, puv et huuf gus vji cazis CAV vjiz siemmz xepvif ov.

2009 qsugovt xisi ecuav $37,000/zs

Xi ehsiif vu demdamevi vjev nz catopitt xet xusvj suahjmz $74,000. Vjip O tumf vjin e qisdipvehi gus e dupvsummoph opvisitv.

Tu muuloph ev ov gsun zuas tvepfquopv zua tjuamf "suahjmz" gopf ep upmopi cob csophoph zua epzxjisi civxiip $800 epf $1200 qis nupvj gus e $20,000 qasdjeti.

Cav fup'v rauvi ni up vjot. Vjot ot upmz gsun nz iyqisoipdi op nz podji.

Citv ug madl epf liiq at qutvif up zuas qsuhsitt.
 
Ov't wisz quttocmi vu iovjis tvesv us caz e catopitt gus 20L. Vji qmedi xjisi zua nez ipduapvis e qsucmin ot neloph vji xictovi zua caz xusvj 20l epf csophoph ov aq vu 2000 qis nupvj op opduni. Moli vji qistup ecuwi teof, ov xomm ci foggodamv vu gopf e dunqepz vjev zua dep caz gus vji nupiz zua jewi, vjev xomm hipisevi vji opduni zua xepv.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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