couple questions about opening a business

My theory: This is an idea that you sort of kinda thought you maybe might do, in a 'smoking-pot-and-thinking-about-stuff-that-would-be-like-totally-sweet' way, but the odds of anything quantifiable coming from it is slim to nil, and the idea will fizzle out when you realize that it's going to be a lot of work.

 
Arnt you the positive one.
Let him try it, better to have tried and failed then to not have tried at all. At the very least it'll be a great learning experience. That alone, is worth the effort.

Go for it.
Get out of here with this "learning experience" bullshit, that's the worst possible advice you could give. Aside from the fact that, statistically speaking at least, he's almost guaranteed to fail, he has absolutely no idea what he's doing. The only way you can fly by the seat of your pants and be successful is when you have a truly unique idea, the value of which far exceeds your capabilities, a la Facebook or something of the like. Even then effort was put in early to develop a sustainable business model so things didn't turn out like Napster, because there's no causal link between ideas and success. All this guy knows is he wants to repair computers, and his source for new ideas and advice is a message board with a population made up largely of teenagers and idiots. He seems to think that having start-up capital is a good start, when it's probably the least important thing. Ask any venture capitalist about where the value in a new business lies. What he has right now is laughable. The best learning experience he could get is to realize his current inadequacies and revisit the prospect of starting a business when he's done SWOT analyses, looked at the competition and decided where his idea can better satisfy consumer needs than what's currently out there, formulated a strategy for taking advantage of this, and developed a model that makes it feasible.

/rant

 
Get out of here with this "learning experience" bullshit, that's the worst possible advice you could give. Aside from the fact that, statistically speaking at least, he's almost guaranteed to fail, he has absolutely no idea what he's doing. The only way you can fly by the seat of your pants and be successful is when you have a truly unique idea, the value of which far exceeds your capabilities, a la Facebook or something of the like. Even then effort was put in early to develop a sustainable business model so things didn't turn out like Napster, because there's no causal link between ideas and success. All this guy knows is he wants to repair computers, and his source for new ideas and advice is a message board with a population made up largely of teenagers and idiots. He seems to think that having start-up capital is a good start, when it's probably the least important thing. Ask any venture capitalist about where the value in a new business lies. What he has right now is laughable. The best learning experience he could get is to realize his current inadequacies and revisit the prospect of starting a business when he's done SWOT analyses, looked at the competition and decided where his idea can better satisfy consumer needs than what's currently out there, formulated a strategy for taking advantage of this, and developed a model that makes it feasible.
/rant
This man speaks the truth.

 
You can do it, I would suggest starting out of your house so you don't have to sit in an office all day and wait for no customers to come by.. I did it about 6 years ago and made some money but had a local area that had no such service, if you have others in your area doing the same you are either going to need to be able to offer something they don't or keep very low prices.

I offered free pickup and dropoff which no one else around was doing so it helped me quite a bit..

 
Get out of here with this "learning experience" bullshit, that's the worst possible advice you could give. Aside from the fact that, statistically speaking at least, he's almost guaranteed to fail, he has absolutely no idea what he's doing. The only way you can fly by the seat of your pants and be successful is when you have a truly unique idea, the value of which far exceeds your capabilities, a la Facebook or something of the like. Even then effort was put in early to develop a sustainable business model so things didn't turn out like Napster, because there's no causal link between ideas and success. All this guy knows is he wants to repair computers, and his source for new ideas and advice is a message board with a population made up largely of teenagers and idiots. He seems to think that having start-up capital is a good start, when it's probably the least important thing. Ask any venture capitalist about where the value in a new business lies. What he has right now is laughable. The best learning experience he could get is to realize his current inadequacies and revisit the prospect of starting a business when he's done SWOT analyses, looked at the competition and decided where his idea can better satisfy consumer needs than what's currently out there, formulated a strategy for taking advantage of this, and developed a model that makes it feasible.
/rant
//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

Glad I got that out of you, im not arguing with you though. You're right & I agree.

You obviously know more then the average person.

However, if he feels hes ready, learning a lesson the hard way will pretty much hammer it in. Hes 19 and even if he doesnt go through with it all the way, he'll learn a few things along the way.

As you said (in so many words), its going to take effort, analysis, planning, planning and even more planning. Still then its not guaranteed to work. Now that you posted this, he has somewhat of a reality check as so the steps he needs to consider taking //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

 
Also looking at your old posts it seems you don't know jack shit about computers so I would suggest getting insurance if your daddy won't bail you out when you **** up someones computer.

this one comes to mind

http://www.caraudio.com/forum/showthread.php?t=269701

if you cant even figure out what type of ram your laptop uses opening a pc repair business is probably a bad idea

it is pretty obvious you have no certs, so nobody is going bring a pc to you for repair

 
If you really want to, do it man. I got a friend that opened up an alarm shop by himself at the age of 20. And he's doing quite well. But definitely do more research, and please, not on a caraudio forum. Try talking to some local business men.

 
Ouch.

Consult your dad. He obviously did something right to acquire the buildings you refer to. Find out what he did to get them. Let him share his experiences.

If you are really serious about this (and I don't think you are at this point) but look into what your town/city offers for new start-up companies. Many municipal governments offer free (or low cost) consoling for new startups. Look into the state/province as well. there are a number of departments that can help you out here.

To create something that will be viable takes a lot of sweat equity on your part. If you are not into putting time and effort into your idea but would rather just wing it, then keep reading the posts here in this car audio forum...

 
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