/biz/ - Business & Finance

Lets be real this is about crypto


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How to start a successful business in this day and age? Everything is so saturated it seems impossible
Replies: >>267 >>277 >>510
>>266 (OP) 
its all about finding shortfalls and inefficiencies in already existing logistics. 
basically look into a market, axamine its processes and logistics, then offer a product or service that makes that part less confusing or easier to do. 

either that or look at the saturated market and find someway to distinguesh yourself from the rest of the crowd.
I want to buy something and then resell it, with like 5k investment, but I don't know what or how
Replies: >>506 >>507
Just find something people think they need. That's literally it.
get a job
>>266 (OP) 
Ideas are easy imo. The biggest hurdle I'm facing with business success is TRUST. With 3 other people pooling skills, I could set up the boomer dream retirement for us in 5 to 8 years. 5 to 8 years of no malevolent greed is a real fuckin challenge in the states right now. I've been backstabbed plenty, but what really kills me is that they do it for pennies when the job is way more profitable to complete with everyone.
>>268
Just buy pokemon cards
>>268
Problem is bulk buy competition AKA why Wal-mart kills everyone. They have such massive buying power they can dictate their own buy price more or less, for themselves alone, and it's met. They can thus undercut everyone else and still make a profit, since that thing alone is a tiny portion of their sales.
Replies: >>509
>>507
This is true. Basically every small physical shop in your area is a middleman act which can never compete with amazon.
>>266 (OP) 
steal legally
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