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How Do I Get Started? This forum is for discussion of beginning financial education topics.
Rich Dad > How Do I Get Started? > How does one start business?
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Member
ahmad - 1/4/2012 11:08:35 PM
How does one start business?
1) Hi, I wanna know how does one get the product in is business? For example, if you go to Eb games store, you see bunch of video games, does the owner buy them first or is there some sort of contract between that store and video game company? And is it same method for online business owner?

2) Is internet business more succesful or offline business(stores)?

3) I wanna do online business one day but I don't know what kind, can you give me any idea?

I'm 18 and I love to learn about business and I want to do it one day so, please try to answer my questions above. Thank you.
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Advanced member
shedrock - 1/19/2012 6:50:50 AM
RE:How does one start business?
first of all i wouldnt jump right in a business that you need to have inventory just yet
get your self involve in a networking business first there is no inventory involve just promotion start here http://bit.ly/vDsIAt
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Chris - 1/19/2012 9:55:34 AM
RE:How does one start business?
To answer your questions:
1. Getting the products will depend on you; you could buy and inventory or set up a contract with a vendor where you sell a product and the vendor houses and ships it. If you have a retail store you will want to have the products on hand. Online it won't matter.
2. Arguments both ways.
3. Choose a business that you enjoy doing. If you wouldn't do it for free, you wont enjoy getting paid for it.

My advice would be to check out different network marketing businesses. These eliminate most concerns that come with owning a traditional business. Personally, I own an Amway Global business but there are lots to choose from. I choose Amway because they inventory all the products and handle all the infrastructure. They also have low annual overhead. Feel free to email me if you have any questions, wcmeastcoast@gmail.com
Advanced member
Advanced member
brian - 1/19/2012 12:04:27 PM
RE:How does one start business?
Hi Ahmad,
most businesses today work offline and online.
If you have to buy your inventory it can take a
lot to set up.
Try and start online as an affiliate,you can then
sell products for other people without having to
stock the products yourself.
Watch my FREE video course to gain some ideas.
All the best Brian.
www.brianaddybootcamp.com
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