2 college students looking for tips

topic posted Thu, June 17, 2004 - 10:00 AM by  Dan
is there anyone out there that can point me in the right direction? I have been run over by scams too many times and it just is not affordable to even try new things anymore. I am 21 and have been trying to make more then I invested one month since I was about 15 probably with no success. Any help would be appreciated, feel free to email me or reply to this, have a great day.
posted by:
Dan
offline Dan
Orlando
  • Re: 2 college students looking for tips

    Fri, June 18, 2004 - 2:16 PM
    Here's my two-cents (although I wouldn't pay that much for it myself):

    - Ideas are a dime a dozen
    - Work hard
    - Understand you can't do it all and surround yourself w/ other hard workers who can help you do it all. For instance, if you are a Geek (technologist), then you'll need BAs (business), bullshitters (salesman) and artsies (artist) to complete the puzzle :)
    • Re: 2 college students looking for tips

      Tue, June 29, 2004 - 1:23 PM
      I would say that the mix is more of

      -dreamers (the idea men)
      -connecters (the networked men)
      -conductors (problem solvers)

      and if you can turn yourself into 2 or more of these, than you are more marketable for others trying to start their own projects.

      i would also argue that ideas are a dime a dozen, but a good idea person is more valuable than anything.

      Focus on consumer needs rather than just cool technology or exciting opportunities/jobs. You can have the coolest product/service on the market, but if consumers have no need for it-- so what?

      i think on top of the "work hard" you should couple that with "work smart". Know when you have lost and you are wasting your time. Play the odds game, it may take 25 ideas or business plans to get a good one, but if you stick with the first one you do, you might find yourself spending all of your time and energy patching a boat thats doomed to sink anyways.

      but you are doing the right thing by talking to people. Talk is cheap... free actually, and you can't do it too much. The more people you know the better chances you have of knowing someone important.

      enjoy.

      If you have something that you think is a true winner- get a lawyer. FAST. make sure you have everything you can trademarked, copywrited, and patented. Your fortune may not be found in the business/product itself, but to whom you sell your IP.
  • Re: 2 college students looking for tips

    Tue, June 29, 2004 - 7:38 PM
    From your post I would say you need persistence, dedication, fortitude.

    You can’t make a quick buck, really. You don’t need to invest anything but your ideas and time into something. If you have tried so many things, perhaps you need to quit trying, and to that end, maybe it is that you are not sticking it out.

    Sales and marketing like investing are not immediate hits, they are the result of a process that eventually brings results. I understand that a lot of marketing is aimed at the demographic snapshot that you may fit in. You have Network Marketing beating down the door perhaps.

    Water, slowly drip by drip wears away even the toughest stone. So be like water, find something, stick to it, and before you know it…results.
    • Unsu...
       

      Re: 2 college students looking for tips

      Wed, June 30, 2004 - 11:00 AM
      I think Kevin is right - making a "quick buck" without doing anything illegal is pretty unlikely.

      My philosophy is much simpler - do what you enjoy doing and then figure out how to make it profitable a bit later on. People will be attracted to your passion and doors you never knew existed will start opening. This isn't just some "airy-fairy" hippy speech, I'm talking from personal experience.

      YAK-YAK: (skip if you don't want my story...)
      I have always been a horn player (tenor sax mostly) and spent most of my twenties working crappy day jobs by day, and playing in bands by night. I took lessons and learned how to transcribe music from cassette tape onto score, and I created a little business in 1986 doing this at home (remember, this was before computers and music printing software were available). Back then, you could make good money doing this kind of work.

      As time went by, I met a very hip piano teacher who convinced me to go into business with him, so we set up a little recording studio that recorded music tracks for advertising. Since I was already a horn player and wrote sheet music, I began to do all the horn and string arrangements, and took care of the music publishing and copyright paperwork. We did that for about 3 years, then I sold my part of the business for a tidy sum and moved on to do something else (I needed to get out of the music business for health reasons - I've had four serious hernia surgeries and have trouble playing a horn like I used to).

      So that's it - I just did what I liked to do and made it up as I went along, and I prospered. I truly believe that this will work for any creative person, and the fact that you're looking to start your own business tells me you're creative types.

      Best of luck!

      -->S.
  • Re: 2 college students looking for tips

    Thu, July 8, 2004 - 2:33 AM
    Hello Dan,

    I'm 29 YO, I live in Finland and I have been travelling around the Europe and Asia. I can tell you that all around people seem to be the same - they want to have something nice for free.

    Wanting leads to dreaming and many people have difficult time in making that a reality... then they fall for uncredible promises of turning 50 bucks into 500 AUTOPILOT, REALLY. :)

    I wanted to say that stay away from the "get rich quick", BUT IF you know that you are a very charismatic personality, then that field might be good for you too... (if you are able to sweet talk people, anything legal goes).

    Success comes in persistence and excellent results come with persistence + ideas. I suggest that you choose something that you like and turn that into a business habit. If you like Taiji, focus on that and think up some ways to benefit from your passion and knowledge on that area.

    You are still young, so now you probably want to try out something cheap. Can't really point the direction here, just do what you like. If you manage to go on with something consistently, maybe even voluntary work on your preferred field, let's say for 2 years and your motivation doesn't drop, then you know for sure that you have found something valuable for yourself.

    Reading the following book (basic download version is free and you can get into a good start with it), helped me to focus on something important.

    services.sitesell.com/cfcc.html

    The course teaches you how to focus your ideas and passion into something that creates value. Book provides common sense theory for creating business, you need to provide elbow grease to make it happen.

    Good luck and remember to work hard :)
  • Unsu...
     

    Re: 2 college students looking for tips

    Fri, July 9, 2004 - 11:43 AM
    Dan,

    Just joined the group, and ran across your query. I am a successful investor who has just written a book (available late August) aimed at YOU. It's called The X-Discipline: Financial Independence for the Web-Savvy Investor. The X is for the x-gen--people who are just getting discretionary income. Looks you're Y, but If you are interested in investing now, you'll do well in life.

    The book tells you what you need to know about markets, how to spot and buy into trends, but most importantly, how to sell. Successful investors ride trends up but cut losses quickly.

    To get a better idea of what I'm talking about, go to WWW.X-Discipline.com. The site's still under construction, but it has a quick overview of the process. Then contact me if you want to know more.

    Regards,

    Paul

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