Entrepreneur General - /entg/

NEET HU$TLE edition, w/ an updated and opinionated list.

Memes (doesn't mean they are not profitable, but they are competitive):
>SaaS
>Daytrading
>Dropshipping
>House Flipping
>Lead Generation
>Web and App Dev
>Affiliate Marketing
>Slumlording/Landlording
>Online Influencing / Blogs
>Personal Training, Coaching
>Restaurants, Bars, Bakeries, Coffee Shops

In general, if there's classes being sold it, that's a red flag. Look into services, it's still a wagie derivative but it's a place to start, and at least you're the boss.

Little to no Investment($0-$1k), very hands-on:
>Sales
>Consulting
>Media Buying
>Making Online Courses
>Middle Manning / Arbitrage
>Direct Response Copywriting
>Culinary Produce / Cottage Food
>Literally any service, see: sweatystartup.com/businesses-i-love/
>Self-publishing Ebook (comprehensive guide: kindlepreneur.com/book-marketing-101/)

Some Investment Required($1k-10k)
>ATMs
>Slumlording
>P2P Lending
>POS Systems
>Vending Machines
>Authoring or Online publishing
>Automated online Arbitrage with the help of a buy bot ($0-$1k if you have dev skills)
>Automated News sites or any kind of automated blog ($0-$1k if you have dev skills)

Large Investment Required, but still very passive(10k+) (congrats, you've made it -tier):
>Laundromats
>Batting Cages
>Rental Properties
>Parking Garages or lots
>Buying Royalty rights on music, media, etc

Plugging a resource I enjoyed (I am not affiliated): sweatystartup.com/, sweatystartup.com/businesses-i-hate/, sweatystartup.com/businesses-i-love/ - this guy knows how to think about this stuff.

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Other urls found in this thread:

dropbox.com/sh/tqnuzrzrp0llrv3/AAA-6c_oXANnBEKK3Xt1K5pda?dl=0
4chanbiz.wikia.com/wiki/The_Jow
indiegogo.com/
kickstarter.com/
patreon.com/
pastebin.com/MvzHTjB9
topclassactions.com/lawsuit-settlements/open-lawsuit-settlements/
cashcrate.com/180138
twitter.com/NSFWRedditGif

Personally I focus mostly on services, arbitrage and I'm trying to break into culinary produce and cottage food. Hopefully I can land a webdev gig soon too. Gardening season is coming up so now is a great time to try selling some starts, seeds are cheap af and you can save money on fresh produce too if you grow some out. Trading is a meme, if you're poor like me, don't worry about it until you have other income established. Feel free to read up on quantitative and computational finance though in the meantime, backtesting on Quantopian is risk free and you can actually get paid for a good strat.

Completely unrelated question, is it viable / worth the effort / possible to make your own seeds?

I know seeds aren't the most expensive thing in the world, but I still feel like I'm getting swindled buying them high before the season starts

>make your own seeds
wdym user? you can always save seed from the year before, but if you have no seeds, you'll need some. try bugging some gardener friends or communities, I'm sure someone will have a few seeds of each variety you're looking for. I've got a fat sack of heirlooms I saved from last year.

>you can always save seed from the year before

I mean if I plant 20 carrot seeds, I get 20 carrots. How do they even make seeds in the first place?

Imagine being self sustained so you could make your own seeds, if you've got big enough land, you can keep getting compound seeds every year. 2 rows of carrots for growth and 1 row for seeds. Then next year you do 3 rows of carrots and 2 rows for seeds etc.

Also isn't it cheaper to buy them in like fall? when nobody is buying seeds since the season is over

Yeah, you can do that. Carrots will actually flower and the seeds are easy to harvest, for example. Some are more difficult than others of course and at some point you have to worry about cross pollination, etc.

And yeah it's probably cheaper to buy them in fall. The margins on selling starts is pretty huge though, a $1 bag of tomato seeds with 20 seeds in itcan turn into $100 if you sell all starts at $5/start, for a napkin math example. The margins are even better if you end up saving seed ofc.

I have fun gardening though and like to try different varieties every year.

interesting stuff, is there a board with like a gardening general or something? would love to learn some more

last year i bought like two of those start tomato plants, a bag of dirt for them to be in and some like liquid fertilizer for them, they ended up producing a huuuuuuge amount of tomatoes, far outproducing anything you could have bought at the super market

>how do they even make seeds
have you ever even planted a carrot? They have leafy flowering sprouts.

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/diy/ talks about it sometimes, maybe a couple other boards but ultimately I think Jow Forums is a bit slow for this topic, but if you find something please share! I'd definitely frequent that.

>they ended up producing a huuuuuuge amount of tomatoes
yes! it's amazing how much you can get. I must've had 50+ pounds of tomatoes last year off of only 6 plants. I didn't even have the appropriate logistics to handle it, many ended up in the compost pile. Squash (including pumpkins) and leafy greens always blow me away in terms of production too.

In many states it is legal to sell these directly to a consumer as well, I guess this year I should look into that rather than the ol' compost pile.

fucking /farmer general/ itt. i'm digging it

you have to factor in that some plants only give seeds on the second year, so you will have to sacrifice some area. also once the plant/fruit gets 'sick' it's over, the fungi always goes into seeds...

from what I've seen selling sprouts is more popular than growing your own seeds, for example tomatoes, there are usually couple plants that not make it in my parents garden. so they need to be replaced, also people like variety and certain ones get popular in given year... there are always people selling small tomato plants in nearby town, an even through my parents grow them from seeds from their best fruits from past year, they always end up buying a dozen or two additional plants

for stuff like carrots they don't even bother, but pumpkins, flowers and berries are even traded between neighbors and distant family

some digging has turned this up:
>
>

I think I'm definitely gonna be a regular there now, sounds comfy.

cost of living is fairly high where i live, so buying two tomato plants 10$ a pot, that produce tomatoes for like well over 60$ is pretty dope, and that's from two plants only

i tried some lettuce also, but due to the extreme heat this summer, it was over pretty quick

top tier:
herbs (ultra expensive to buy) i saved a bunch last season just growing myself

high tier:
tomatoes (only thing i tried)

pretty good tier:
had some spinach and leafy greens, yield was decent

meh tier:
straight up lettuce, i mean its cheap to plant, but that shit only lasted a few weeks before the heat got to it some insects had their fun it in too

yeah sorry for derailing

>yeah sorry for derailing
nah dude, its beyond all good. im enjoying the whole read.

I like this thread. Seems like similar advice my professor gave me. He retired at like 30 and now teaches for fun.

many leafy greens actually do great in the winter, and end up tasting bad when grown in the summer anyway. Some lettuces will thrive in the winter, brocoli taste sweeter when harvested then, kale does great at that time, etc.

>top tier: herbs
I agree, I've been meaning to step up my herb and spice game for so long. I imagine the margins on this are great, but I'm more interested in just having amazing herbs and spices in my kitchen.

I'll also add lazy as fuck tier, there's a whole bunch of foods you can regrow from the grocery store that normally get thrown away:
>onions, just stick your discarded green onions in a shallow water dish and change water every now and then and you'll have unlimited green onions
>same for lettuce, celery, lemongrass
>plop your potato eyes in some soil and stick it on the windowsill
>do the same but with beans, makes ez sprouts
>put mushrooms butts in jar, and when you're done making coffee let it cool down and put it in the jar, layer with wet cardboard every now and then, watch the mycellium colonize the jar - oysters and portebellos will fruit like this after full colonization

yeah spinach and kale can take an absolute beating with no harm done, i had a like two small rows of beets outside too, i digged up a bunch and took them inside a cold storage area - i use a juicer to juice them, tastes amazing, the beets outside in the freezing cold are in better condition than those i took into like a cold outhouse, they're tough as nails

everything i plant is for own consumption, i can't really be bothered selling anything, and also its my first season

but do try herbs, those companies that sell it either as a plant or ground up must have insane margins, i saved a bunch just having it myself, and you tend to use it more when you just have it around rather than having to spend a fortune buying it
this season im doing more herbs, tomatoes again since that was a huge succes, still leafy greens, probably a little less potatoes this year too since those are still relatively cheap to buy (also dont have that big of a yard) and then skipping lettuce almost completely since they got rekt by heat and insects

Adding things...

Ye olde /entg/ dropbox
dropbox.com/sh/tqnuzrzrp0llrv3/AAA-6c_oXANnBEKK3Xt1K5pda?dl=0

Ye olde Jow Forums book recommendations:
4chanbiz.wikia.com/wiki/The_Jow Forums_Books

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>4chanbiz.wikia.com/wiki/The_Jow Forums_Books
I think a lot of these books are mostly just good for motivation, excluding the more technical books like the econometrics ones but I'm probably wrong. Most of the books I see seem to be applied strategizing using everyday logic (to avoid using the cliched term 'common sense'), but maybe I'll give some of these a go - extra motivation never hurts anyway.

Anyway thanks for the solid links, they should be included in the OP next time.

Jow Forums had some /offgrid/ ,self sustainability, threads last year which where extremely interesting.
A few anons postet quiet some gems and useful stuff.

I really like threads like these and I hope this thing flies again, man.

Continuing...
Some crowdfunding sites:
indiegogo.com/
kickstarter.com/
patreon.com/

>NSFW
/weg/ crowdfunding games from /aco/
pastebin.com/MvzHTjB9
(they seem to have stopped updating for some reason)

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any anons here with experience or knowledge in the pornography industry? i'm curious as to what it takes to start a website profiting from p0rn

Maybe look up how girls do porn did it? Do casting calls on craigslist, make sure you got licenses and your crew together.

any sources on the girlsdoporn story? couldn't find anything like what you are describing
also i don't think craigslist allows adult listings do they? also the type of venture i am interested in requires a longer-term relation with the models

Don't we all...

I’ve written a white paper for a crypto app, I want to turn it in to an ICO. I have 70% of the skills needed but I need another person to help me. All my friends are dumb as shit. Help

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go to your local uni's computer science club. 100% they will have a group of people interested in developing crypto

I’m literally nowhere near a uni. I live in rural England. I need reliable people not flakey students

Unless you have funding, you will have a hard time starting one from scratch.
Really, what you want to do is start a tube website where you embed videos from other websites and you get money off advertising.

if you could convince some uni student on your vision you'd be surprised how much effort they'd put into it. lot of people in CS my age pull all nighters for random ass projects they are interested in.

also you could just cold call (facebook-fu) presidents of any college/uni CS club for personale. students are ok hires for IT jobs as long as you convince them there is a legit business (they are gullible) and you promise them shares (ez)

how much funding are we talking about here? and no i have a rather specific idea im interested in but im just worried about massive competition / unknown underhanded tactics in the industry / literally no experience

>how much funding are we talking about here?
Probably an insane amount. There are already huge monopolies in place that you're competing with. It's like trying to start a competitor to Facebook.
>and no i have a rather specific idea im interested in but im just worried about massive competition / unknown underhanded tactics in the industry / literally no experience
Your idea has to fulfill a niche market if you want to make money off it.

Here is my list of current and past methods I've used to gaining passive income.
>Monthly dividend stocks
I've been investing in a broad range of monthly dividend stocks for YEARS. I make about $1000 a month just for holding stock. People think you need at least $1,000,000 to live off dividends. I think that's bullshit. If you only invest in index funds, yes you need that much. But if you do your own research and seek out companies paying monthly dividends (even quarterly dividends are good), and pick the best ones, you can invest much less capital and still get amazing dividends. Reinvest those dividends and you'll be a NEET in no time.


>Class Action Lawsuits
I've been signing up for these for years. It's slow at first, but once you've signed up for hundreds of them, you'll be getting a check almost every other week it seems. I get checks ranging from $5 to $75. It's nice to open up the mail box and have a check made out to you. On average, I'd say I get about $45 a month from this.
topclassactions.com/lawsuit-settlements/open-lawsuit-settlements/

>Online surveys and games
I bullshit my way through these surveys and make a few bucks doing it. There are a few tricks that you can do to make the survey think you've completed it, and you just made 5 bucks in 30 seconds. You also get paid to play games. I prefer blackjack because you can just instantly lose and you get paid a penny per game. I make about $50 a month doing this.
cashcrate.com/180138


>eBay - don't trash it, sell it.
Don't throw away your old pair of shoes, sell them on ebay. Same with you half used bottle of lube and your dildo. People will buy it. I sell all my junk on ebay. I don't give a fuck what it is. I'll list it for dirt cheap prices just to get rid of it. Buyer pays shipping, of course. If I buy new speakers for my PC, I sell my old ones on ebay. I paid 10 bucks for my old speakers. They are 14 years old. I sold them for 5 bucks plus shipping. I charged 15 bucks for shipping. It actually cost me 3 to ship them. I PROFITED off old junk I didn't need. I make anywhere between $20 and $100 a month depending on how much shit I sell and if I'm getting rid of good junk or shit junk.

>Coin/change machine credit card rewards trick
This requires a little investigating. Find a store, mall, arcade, washiteria... that has a coin/change machine that accepts credit cards. Swipe your credit card (that has a cash back bonus per dollar) and pull out as much change as possible. Deposit coins into bank, pay credit card, reap benefits. The transaction should show up on your credit report as the business establishment, not a cash advance. This works good at arcades as it shows up as an arcade under "fun and entertainment" on my credit statement. (Bonus for Discover card members that have quarterly bonuses for 'fun and entertainment' and get 5% cash back).


>Mining with NiceHash or Minergate
Run these programs while you're at work, sleeping, not shit posting and jacking off. As long as you have a dedicated video card, and you leave your PC on anyway, it's usually worth it. Mining doesn't affect your GPU life. I've been mining and gaming on this card for years now. There's no signifigant increase in power usage with one PC running. It gets expensive with multicard mining set ups (initial investment and power consumption). I make about $30-$50 a month on a slightly overclocked 1080 Ti on my desktop.

where would one seek out more information like this, because im pretty interested in this idea, but have no idea where to start

This is, of course, the dream. How much capital do you have in the monthly dividend stocks? I could retire off of $1k a month desu. Nice niche with the lawsuits too, the only time I've thought about this was after equifax (but I assumed so did everyone else).

>online surveys and games
I've always assumed there's no way this is wortwhile, but good idea about the tricks.. I'll have to look into it. Why isn't this abused with IP rotation via proxy and browser automation like Selenium? And seriously, a penny per game for instant losses? This is why I never look into it, it seems too good to be true, and the easy abuse would quickly shut it down, so I'm left skeptical. I've never met anyone who actually does this though, so thanks.

>sell ur shit
and yeah selling shit should be on the top of the OP list.

Nice insights here user, well done.

Yes. YES!

>mining
doesn't it not return that much because of the electricity required?

>People think you need at least $1,000,000 to live off dividends.
they're wrong, you'd need at least $5M, ideally $10M

you'll be lucky with 6% yield from reputable companies that you can trust
if you had $1M, you'd get $60k/yr pre-tax.

like I said, if you leave your PC running constantly anyway, you can run nicehash miner and it'd be like having a video game on pause all night. with a regular/gaming PC with no crazy modifications or software, it'll run at the regulated voltage and wattage it was designed to run at. you won't see an extra $200 on your electric bill unless you're running an actual miner rig with multiple cards and extreme cooling system.

if you invest in index funds, yes. if you diversify and invest in reits, utility, consumer cyclical, and anything other than index funds and bonds, you can easily make 10% or more + growth. research more.

How hard is it to set up a LLC? Can I do it by myself? Should I form one in Delware for tax benefits?

Honestly, all of this sounds like it would be more work than running an online business and outsourcing all the labor.

My retarded brother did it so I imagine you can too user.

It's easy as fuck. If you set it up in another state though, you need someone from that state to sign for it. I think there are services you can pay for that assign someone for you.

Yeah it’s called an agent I think. I’m looking into setting up an LLC at the moment as well, anybody know the cheapest/best way? I’m in Florida so thinking about just doing it here, we don’t have state income tax anyway

i recently got a delaware llc
the tax reasons only make sense if you do not plan to stay in your current state, or if you really want to be in the jursidiction of the delaware business courts.
you will still have to open an llc in your home state and pay sales taxes for operations which occur in your state if you want to stay legal. You will need to be legal to raise funds or get loans.

A decent hustle I’ve heard of forever but only recently done is signing up for credit cards that give cash bonuses. I’m selling shit on eBay, charging the shipping fees, etc to these cards. There’s a couple that give 200 back if you spend 500, and one I’m doing where it’s 500 back for spending 3k. You have three months to accomplish it. Sweet fucking deal if you have expenses, bills, etc you’re paying anyway. Only a trap if you’re not disciplined

Wait their no need for a biz wiki anymore :(

>tell myself tomorrow is the day
>i'm gonna get my shit together and actually do what needs to be done, no more fapping
>next day:
>get distracted extremely easily
>end up browsing Jow Forums, and watching motivational youtube videos for 3 hours while trying to work
>an errand comes up and takes 2 hours of my day
>making and eating meals takes another 1.5 hours
>11 pm and I got 20 minutes of actual work done
Been like this for the last 6 months.

How do I overcome this?

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stop being a weak minded faggot
read a book to get some ideas
execute on an idea that seems within your ability
block youtube on your pc; seriously cut it from your life, you obviously cannot handle the tempation
dont worry about fapping, as long as its not compulsive or over twice a day youre good

also set daily, monthly, and quarterly goals in a notebook. write yourself a schedule with the subtasks necessary, including dates. even if youre a few days late on your own targets, as long as you hit them somewhat, youre on the right path

I know this feel m8.
I've got 2 engineering exams within the next 3 days but all I can think about is working on my personal projects. (And wasting time on sci biz fit)

>Middle Manning / Arbitrage
>very hands-on
lmao

That’s literally how rich people live. They funnel their day to day expenses through a credit card and settle funds out of a brokerage once a month. It’s also how rich people always fly first class, they upgrade with points.

>day trading
need to existing capital
>drop shipping
need existing capital
>house flipping
need existing capital
>lead generation
meme
>web and app dev
market is saturated
>affiliate marketing
meme / chump change
>slum lord
need existing capital
>blogs
no one reads them anymore
>personal trainer
only if your chad
>restaurant bars coffe shops
need existing capital
>sales
lol
>consulting
maybe if your jewish
>media buying
huwut
>middle manning
did this once back when bitcoin was popular
>copywriting
horrible idea
>culinary food
need existing capital
>atms
not a bad idea if you have the truck and chain
>ebook
i have writers block
>vending machines
need existing capital + somewhere to put it
>laundromates
need existing capital
>batting cage
need existing capital
>rental property
need existing capital
>parking garage
need existing capital
>buying royalty rights
now your on to something jew

thanks for your deep insight

I can tell you my specific solution, but it's a bit elaborate and relatively technical. Of course, ultimately it comes down to cultivating a pair of healthy, girthy testicles.

>Buying Royalty rights on music, media, etc

how the fuck do I do this?

>why isnt this abused with ip rotation
proxies are too expensive to be profitable
>browser automation like selenium
That's a local testing library. You are better off with UIPath.

Thanks for opting out, less competition for people who have work ethic.

>day trading
>drop shipping
>house flipping
>lead generation
>web and app dev
>affiliate marketing
>slum lord
>blogs
>personal trainer
>restaurant bars coffe shops

That's why I took the liberty to move these to 'memes'. Also, these aren't all ways to generate income without any existing capital - you seem to assume that.


>sales
>consulting
>media buying
>middle manning
>copywriting
>culinary food
>atms
>ebook
>vending machines
>laundromates
>batting cage
>rental property
>parking garage
>buying royalty rights
Again, the capital thing - not sure why you think they don't require existing capital, all of these actually fall into a tier that is based on capital required, retard.. And most of them are relatively low capital required, it's not unrealistic to expect an user to save up 0-2k, that's only like a month of being a wagie in most places in the US.


All of the OP is a recurring copy pasta, I've taken the liberty to de-memify it, I didn't want the first iteration to be to extreme but I agree with

>sales, lol
>media buying, huwut
>copywriting, horrible idea

and btw, middle manning / arbitrage isn't necessarily between exchanges - it applies to flipping used goods (via craigslist, or whatever) or even service arbitrage (connecting employers with employees while taking a cut).

>too expensive
I'm sure someone with enough privately owned IPs, or access to, could pull it off and immediately ruin the business model. Why doesn't this happen?

idk lol

Most US service companies are middleman arbitrage.

Basically, there is no capital at risk. All you're doing is managing people and projects. You aren't actually doing anything but connecting a service/product to a client.

Examples include Kitchen/interior design. Ppay designer/salesperson, custom cabinet manufacturer, subcontractors and collect 10-20%+ profit just by sending/writing various checks and making sure people meet deadlines. Your only direct risk is the lease on your showroom. If business is steady, you can have people on staff and improve margins ofc to 30-50%+.

Tons of businesses like this exist and are infinitely scalable.

test

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this guy gets it, arbitrage is truly GOAT

Anything have good resources on daytrading futures using order flow?

AAAAAA I WANT TO DO AFFILIATE MARKETING BUT DON'T KNOW WHAT PRODUCTS TO SHILL

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Thinking of buying 2 studio apartments in Ibiza (aprox cost 100.000€ - 150.000€ each) and renting each out in the summer for 800-1000€ a month. I would be using inheritance money, however this would be all of it.

Ibiza is very popular for clubbers and people wanting to work a summer season. Go on Spanish rental websites and the prices really are that high. People normally live 2-3 in an apartment to make it affordable. Demand is very high and availability very very low. Asking for a full 6 months upfront is not unheard of over there either.

Is this a good idea?
Would buying and renting out only 1 be a wiser option?

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I have a product you can shill, if you want. Happy to give 75% commission. It's at $197 currently.

DM in Discord if you're interested.

>>personal trainer
>only if your chad

Neiiiiiiiiiiiis
Thanks will do that in a few months.

Can someone motivate me to finish my project by today.some kind of extreme anti-procrastination psychotherapeutic reply or (You) or some sort of promise of monetary reward. It doesn’t have to be very big

"Most people major in minor things"
You don't want to be most people.

Thanks bro. I’m 80%

Buy one and see how it goes. Godspeed.

starting a runescape bot farm.

What size VM would i need or how many? I'd be willing to invest 1-2K into it.

You live in rural england.
Make a list of all the nearby unis and colleges, ring them up ask if they have a comp club or similar after hours.
Also search for actual adult clubs.
Then walk.
Its not far.
Failing that ask for an email as your a bit shy and dont want to turn up you want to speak to the group leader / tutor first.