It’s time to go around looking for or scouting for some lucrative business ideas.
Yes, go around scouting for ideas. Have in your hand a note book or a journal and a pen.
To be honest with you, I did this and I got about 10-15 ideas in one day; both small and big ideas.
This was when I realized that when you sit at one place, you won’t have any great ideas popping into your heads.
However, as you start scouting and going about to places-to the malls, to the supermarkets, schools, shops, roadsides, walking through residents, observing nature, trees-you will end up seeing business ideas in many of these elements of nature, which you should jot down with your pen into your notebooks.
Now, as soon as you get to the house, sort them out or analyze them to see those which are more capital intensive and those which are less capital intensive.
For those ideas which need no huge capital at all, you can decide to start with them.
However, those ideas which are a bit capital intensive you could look for investors for them.
This means, while you could personally start with those which are less capital intensive, you could look for investors for those which are a bit capital intensive.
You could also think of discussing the more capital-intensive business ideas with members of your family or with a friend. When in need of funding, you could also list your big ideas on some good crowd-funding sites to get funding or financial supports so that your idea will come into fruition.
It is good to have a business idea.
Surely, this idea could give you all the money you want or may need in life.
One of the ways to save yourself money and as well make some money is to sell back your old products or merchandise.
Several people are looking for the old merchandises to buy; old school shoes, old furniture sets, those old school dresses (coats), equipment, tools, gadgets, cars, car engines, tyres, electronic parts and products, computer gadgets, etc.
Well, this is because they are usually better, more durable and simply the best.
(However, if I were you, I wouldn’t sell them).
For what reason? It is possible that I may not get the best and quality ones any longer in the coming future. Yet, if you have these old merchandises in excess, then you can let some go.
Set-up A Shop
Old products around you do have big markets.
Old Products Are Still Trending
So, go ahead and make some money; check your things right away. Check inside your wardrobes for all your shoes, belts and other things. Instead of throwing them away, you could even set-up a whole boutique or shop with these old items.
Some of these old products have become the ‘antiques’ of today, needed by a section of the markets. This is because, they have become rare. So then, you can sell them at very high prices as a result of their rare nature which often commands high values.
Therefore, many times we had realized that, most people in the markets prefer the old and quality merchandise to these new or modified ones.
This is due to the fact that they were made by their producers with relatively better or quality raw materials and often times, were made extremely well.
Since they are now in extinct on the markets, most customers are in search of them with their hearts and life, and at any given cost.
Old Watches Were Better; From Pure Gold
Most of these new product models are weak, and for sure, not durable. (E.g., car spare parts and their engine blocks as well as the type of leathers formerly used for shoes and belts).
Hence, both people and businesses are searching for the old models. They will come asking for it only if they knew you have them sitting down right there, in the corners of your house.
The minute you put a price tag on them and then display them outside, you will see a large number of people rushing for them.
This immediately gives the idea, that anytime you buy something down to use, but eventually stop using it, don’t throw it away. In the near future, you can invest it, as well as make good money from it. You may never know.
Aside all this, you can convert some of these old products into other useful products to sell.
Convert These Products Into Something New
In short, while the old models of the new products were made durable and with quality in mind, but often times, made with ‘less’ attractive designs, the new ones (models) are made with ‘very high attractive designs,’ but unfortunately, with less inferior materials.
This also brings us to the reason why there are times when the same manufacturing companies who had made them, often come back after many years to buy back their old stock from customers at any given price, or perhaps in exchange for new modified ones.
The secret is in all the values they had put into their first stocks, which they had made at a time when the economy was far better.
Do we see that several people are interested in our old merchandise today? You tried keeping them; it is time to make money out of them. You can sell and make money from them, even out of the hands of the creators or the builders.
Business is already booming around you with your old merchandise.
So, take advantage of these old friends you have lying somewhere in your house.
Classified sites are just around you, where you can think of selling some of them without moving an inch from your desk.
Well, Olx.com and Jiji.com.gh are some two very good ones.
- Do you like this business idea? Will you like to try it around these times? Tell us what you think about it in the comment section. Share this point to the world today for people to try. Your friends will be glad you did it.
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