Im thinking of starting a business

Discussion in 'Economy' started by Truthmatters, Sep 16, 2011.

  1. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    I was hoping to get some feedback from yoiu guys on what would be the more succesful business plan.

    I was thinking of producing a certain product in mass quanities with a hope that the result would be because there is mass quantities people would just natrually buy the product.

    My alternative plan was to offer a product in a test manner to see what the market wanted and what people would buy.

    Which aaproach do you think will result in a more sustainable business?
     
  2. Moonglow
    Offline

    Moonglow Diamond Member

    Joined:
    Jun 27, 2011
    Messages:
    81,677
    Thanks Received:
    8,009
    Trophy Points:
    2,070
    Location:
    sw mizzouri
    Ratings:
    +29,428
    if you could sell insults you'd be rich.
     
  3. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    I do collect many from the people on here.

    i dont think they have ANY vallue though
     
  4. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    I guess we dont have any business people here huh?
     
  5. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    Um..either approach is valid.

    There is no sure fire business model. You sorta feel it out as you go along.

    My advice is don't fall in love with the business.
     
  6. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    I think that one makes sense and that the other doesnt.

    can you guess which one would fail and leave me in debt?
     
  7. Oldstyle
    Offline

    Oldstyle Gold Member

    Joined:
    Jul 19, 2011
    Messages:
    20,621
    Thanks Received:
    3,070
    Trophy Points:
    280
    Location:
    Florida
    Ratings:
    +7,312
    I'm not following your theory that producing mass quantities of a product will induce people "naturally" to buy the product. People buy products because they want or need them. If they neither want or need what you've produced then it doesn't matter how much of that product you turn out...you're not going to sell it.
     
  8. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    Ding ding ding


    we have a winner!
     
  9. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    supply side economics is insane
     
  10. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    No demand no success.

    The economy will only get better when consumers feel good about spending and NOT when business gets tax cuts.,
     

Share This Page