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i have $2,000 dollars, what small business should i start?
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[quote:Anonymous Coward 1322813:MV8xNDg5MDU3XzI0NTUxODg0X0VFNTcyRUVB] [quote:Anonymous Coward 1309684] [quote:WorldCraze] It all comes down to compounding profits, bottom line. Compounding, compounding, compounding. If you start with $2 today, and double that every day, for 22 days, end results, $1,048,576 [/quote] So pray tell, how does one do this????? [/quote] I don't think it IS possible, I think the poster was just pointing out a principle of growing your business, that is, don't confuse your nest egg with your cash cow. Most people, when they start a small business, live off/spend the revenue instead of plowing it back into the business to make it grow. So their business always stays small. If you start out with only $2000, as a first goal you may try to double the net value of your business to $4000. Most people instead make the mistake of trying to earn more income from their business. The first thing to think about should be the value of the business, not how much you can milk from it. [/quote]
Original Message
I have 2 grand, what small business can I start? Im good in sales/retail etc.
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