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Old 24-09-2008, 12:05 PM   #71 (permalink)
DesignerAllsortz
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Originally Posted by MacLover View Post
USD would make this thread how did you earn your first £550 (?) LoL, We deal in GBP

Edit: It is £538.90 out by £11.10.

LOL all most there.
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Old 26-09-2008, 12:09 AM   #72 (permalink)
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Apart from being an employee, I made my first £600 in business by buying up all the clearance bargains at the electrical store (Currys) I worked at and reselling them on ebay. They have banned it since

I then reinvested the £600 by buying DVD Recorders & Air Purifiers from the Sharp Factory Store in Manchester before it closed. I bought the DVD Recorders for £85 (Currys were selling them for £250) and resold them on eBay for £160. The only thing was that you were supposed to be a business in order to purchase from there so I used a name of a small independent electrical store every time I went to buy anything. After I knew how well they sold I started funding the purchases with my credit card, because I knew that by the time the bill came I would have sold the stock and would be able to pay it off. After 3 months I turned the £600 into £8,000. The other good thing about buying from there was that everything had a sharp warranty. So if anything ever went wrong with a product you could just tell the customer to get in touch with Sharp.
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Old 27-09-2008, 11:28 PM   #73 (permalink)
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Old 30-09-2008, 08:51 PM   #74 (permalink)
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Mine came from music production, i DJ & still produce dance music... theres a good circle of DJ's & producers in this town. I was listening to Galaxy FM & heard an engineer advertising for sessions in his studio, his name "Funkagenda" signed to major labels within the dance scene. I produced a tune with him (cost me £100 for the day), sent it off to all myspace contacts, it got alot of support from Stonebridge e.t.c... & i was then asked to do remixes - 2 remixes clocked in £700 each + 20% royalties + DJ bookings.

Myself & the mrs recently had our 2nd child (Lola) we also have a son (Tyler) - both combined = Tylola (hence where i got the business name), having a 2 bedroom house & no garage meant i had to sacrifice my music studio room for Lolas nursey (i'm not complaining - wouldn't change them for the world)... This meant my music was at a holt & i had no steady job as music was my income, so i had to use funds to set this "Tylola Trading" up as a family business (still getting it off the ground), hopefully i'll get my music studio space somewhere soon as it's rotting away lol.
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Old 01-10-2008, 07:06 AM   #75 (permalink)
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Apart from being an employee, I made my first £600 in business by buying up all the clearance bargains at the electrical store (Currys) I worked at and reselling them on ebay. They have banned it since

I then reinvested the £600 by buying DVD Recorders & Air Purifiers from the Sharp Factory Store in Manchester before it closed. I bought the DVD Recorders for £85 (Currys were selling them for £250) and resold them on eBay for £160. The only thing was that you were supposed to be a business in order to purchase from there so I used a name of a small independent electrical store every time I went to buy anything. After I knew how well they sold I started funding the purchases with my credit card, because I knew that by the time the bill came I would have sold the stock and would be able to pay it off. After 3 months I turned the £600 into £8,000. The other good thing about buying from there was that everything had a sharp warranty. So if anything ever went wrong with a product you could just tell the customer to get in touch with Sharp.
A smart guy!
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Old 01-10-2008, 07:08 AM   #76 (permalink)
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Originally Posted by TYLOLA View Post
Mine came from music production, i DJ & still produce dance music... theres a good circle of DJ's & producers in this town. I was listening to Galaxy FM & heard an engineer advertising for sessions in his studio, his name "Funkagenda" signed to major labels within the dance scene. I produced a tune with him (cost me £100 for the day), sent it off to all myspace contacts, it got alot of support from Stonebridge e.t.c... & i was then asked to do remixes - 2 remixes clocked in £700 each + 20% royalties + DJ bookings.

Myself & the mrs recently had our 2nd child (Lola) we also have a son (Tyler) - both combined = Tylola (hence where i got the business name), having a 2 bedroom house & no garage meant i had to sacrifice my music studio room for Lolas nursey (i'm not complaining - wouldn't change them for the world)... This meant my music was at a holt & i had no steady job as music was my income, so i had to use funds to set this "Tylola Trading" up as a family business (still getting it off the ground), hopefully i'll get my music studio space somewhere soon as it's rotting away lol.
Great stories! You're a responsible father!
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Old 02-11-2008, 10:15 AM   #77 (permalink)
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I learnt the programming language PHP and MySQL when I was 15, and decided to put those skills to work by creating my first website. I invested around $40 in the hosting and domain registration. I worked solidly on it for around 2 months until I decided to sell it. To my surprise, I was able to get $1,500 for it.

A nice little ROI
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Old 02-11-2008, 04:03 PM   #78 (permalink)
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Originally Posted by TYLOLA View Post
Mine came from music production, i DJ & still produce dance music... theres a good circle of DJ's & producers in this town. I was listening to Galaxy FM & heard an engineer advertising for sessions in his studio, his name "Funkagenda" signed to major labels within the dance scene. I produced a tune with him (cost me £100 for the day), sent it off to all myspace contacts, it got alot of support from Stonebridge e.t.c... & i was then asked to do remixes - 2 remixes clocked in £700 each + 20% royalties + DJ bookings.

Myself & the mrs recently had our 2nd child (Lola) we also have a son (Tyler) - both combined = Tylola (hence where i got the business name), having a 2 bedroom house & no garage meant i had to sacrifice my music studio room for Lolas nursey (i'm not complaining - wouldn't change them for the world)... This meant my music was at a holt & i had no steady job as music was my income, so i had to use funds to set this "Tylola Trading" up as a family business (still getting it off the ground), hopefully i'll get my music studio space somewhere soon as it's rotting away lol.
What a fantastic story, and may i say I think you are doing exceptionally well as you have only just started and are getting some unbelievable prices!

Keep it up

Well done
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Old 06-11-2008, 09:12 PM   #79 (permalink)
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I made my first £1000 when i opened my first business a few years ago. My most satisfying experience was when i made my first £100 - i was 9/10 years old and started up a simple car washing service around my neighbourhood, my granddad took me down to the local store and bought me buckets, cloths, car wax etc - my first capital investor lol! - and supervised me and my friend as we went around doing cars and collecting somewhere between 50p - £1 a time, as we got on i had two more friends ask to get involved and so we used some of the money my grandad had been collecting for us to buy more equipment and i think if i remember rightly we paid them wages for every car they did something like half what we got (dunno how honest they were) anyway at the end of the summer my grandad promised to double whatever i had saved from my car washing money and i had £53 - £106. I'll never forget that nor the lessons ittaught meas i got older
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Old 06-11-2008, 10:58 PM   #80 (permalink)
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Originally Posted by bonomini View Post
I made my first £1000 when i opened my first business a few years ago. My most satisfying experience was when i made my first £100 - i was 9/10 years old and started up a simple car washing service around my neighbourhood, my granddad took me down to the local store and bought me buckets, cloths, car wax etc - my first capital investor lol! - and supervised me and my friend as we went around doing cars and collecting somewhere between 50p - £1 a time, as we got on i had two more friends ask to get involved and so we used some of the money my grandad had been collecting for us to buy more equipment and i think if i remember rightly we paid them wages for every car they did something like half what we got (dunno how honest they were) anyway at the end of the summer my grandad promised to double whatever i had saved from my car washing money and i had £53 - £106. I'll never forget that nor the lessons ittaught meas i got older
Good story. The best time to get the appetite for business is whenn you are a kid.

I used to have a record player connected up outside and would charge other kids to listen to a record. I think I only had a choice of about 4. Tie a yellow ribbon by Dawn, Long haired lover from liverpool by Little Jimmy Osmond, Remember your a womble by The Wombles and a Pinky & Perky track. Showing my age now.
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