The Wholesale Forums

[HeadBangingMerc]

Originally Posted by Declang

So do you think I should just ignore any consumer electronics related ideas etc. and concentrate on one of my 2 ideas which target a smaller market but less competition and will take a bit longer to build up.

Yes, yes and yes!! If the market is less crowded, then go for it

If it will take longer to build up, then start NOW and start reaping the rewards.

[jamestyrer]

Your sitting here saying you have all these ideas but are scared to take a chance. Do you actually believe in your own product/ability?

Manage the risk and take a chance, or dont - not sure what you want people to say here!!!

[Declang]

I believe in the ideas, I've researched 2 of them thoroughly and surveyed my target market, found suppliers etc. and I am part of the target market for the 3rd idea theres just something stopping me taking the first step. It's because I compare my business ideas with how easy it seems to be to buy some consumer elecs and sell on ebay make money in days and makes me wonder whether I'm being stupid wasting my time on something that needs to have several months of building up the website and the business before I could even consider getting a sale. I just need to make the first step, maybe I should go off and buy the domain name so I HAVE to do it

[phreakerdevil]

Why not do an eBay business and whilst creating your own website?

eBay would be a great start for your ideas, you can start small and grow rapidly if you are finding your items are selling fast. You have a fairly large amount of capital available compared to most people on here, so you can afford to take small risks with eBay.

Creating a website from scratch however, takes a lot of time and a lot of patience. Yes you could pay someone to do it for you, with minimal amount of time, but you have also got to remember, your site won't be getting the visitors it should be. This part takes a lot of time to do and most of the time, people fail because, they don't know about SEO or how to advertise themselves properly.

Just try investing in some stock for putting on eBay to start with, but you really do have to do research into what you should sell, how much to sell it for and how to market yourself.

Thanks, Darren

[wholesaleguru87]

Plan for the worst, hope for the best

keep working on your idea, im sure you'll make a success out of it.

Good Luck!

Dale