Archived threads in /biz/ - Business & Finance - 5595. page

Specialize, don't compete. Work on your brand and cultivate a better customer base. Have give-a-ways on facebook. Pretty simple, tbqh.

Entice the high school kids to your store using events so they can see how better it is. Use your marketing budget for it. Make sure your spergy regulars (you know the kind) stay the fuck away from these events lest their autism scare the kids away.

His upkeep costs are certainly lower than yours considering it's in a house in a shit neighbourhood, so you cannot beat him on price. He's most definitely hurting for money also.

I'm assuming you can't start taking a loss to price him out altogether, because game stores are a stupid idea with very little profit so I doubt there's enough savings to offset the losses you'll be taking in the meantime. He's already told you that he only had 5k and a "prayer to God" so he can't suffer losses for too long.

If you are somewhere with a culture of gaming at stores rather than clubs beat them on aesthetics and gloss and gaming space and tables. Chances are going on anecdotal evidence (mind you, the only difference between anecdotes and statistics is sample size and I have a large one) your store is nicer than his but it's still smelly, worn, and isn't that appealing. Clean it up and make the wargaming tables look nice.

But I really wouldn't have a game store unless I had a lot of cash to dump into a lifestyle business that I was happy to make a loss on.

Lol anon have you been living under a rock for the past year?

We are not doing dotcom sites anymore. We are doing blockchain.

>>1976776
it's always possible to build a business that threatens existing businesses and then sell it to them.

the question is, what do you do after that? You chose small time when you could've gone big.

>>1976776
It's still possible, definitely. A lot of the existing product spaces are saturated, though.

There are two ways to make money:
1) Do something first. This is hard. It's hard to figure out what's missing and what the best product to fill that need is.
2) Do something better/cheaper. From here you have two goals: either grab market share or seek an acquisition. This is usually easiest once you've worked for a company in the area you're targeting. That way you know the intricacies of the business, your competitor, the people in that space, etc.

The market is good right now. VC money is being tossed around like nothing.

Another thing I recommend: join a company in the early stages to try it out. Go through a few years until acquisition, large profits, public, folding, or similar. There are a lot of pitfalls: how you handle stocks, legal stuff, funding terms, control of the company, trying to get acquired too early/too late, etc.

>>1976808
Give it to me.

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Use it or sell it.
This post is so dumb.

>>1976833
sent ;)

im not buying your bags

10 btc is hardly a wall faggot

all those referral links are so cringey

all of those are beyond scams

you should be ashamed.

>>1976686
>makes claim
>gives no evidence

>>1976683
>RLC(liqui) - just launched and then dumped.
Fuck you retard. It launched at close to 20k sats. Currently at 25k sats. What a "dump".

Shit I didn't mean to post it i was going to write something else, this post i made earlier

safer to buy posw in poswallet or in yobit?

>>1976666
>.3 BTC yesterday
> put .3 more in today
>.62 now with the bump it's been getting

I think this crypto will at least go 2x this month

>>1976627
No Hobbes continues to be right, as jobs get more specialized it makes even more sense for ownership and the responsibilities therein to be handled by a select few

>>1976627
Question is ideological and not pragmatic, in different industries the barrier to entry of the means of production is higher than others, for example a street music busker needs only a guitar, but a steel producer needs an entire factory, mines etc.... a leather worker needs their tools, a desk etc.

Obviously those who invest in such facilities should be compensated IF and only IF there is a consumer demand for their product, now in a theoretical totally-free-market world everyone (i.e. workers) would own the means of production to their particular skill, but that's not the case... so what's important is that individual workers have the capacity to bargain and sell their skills to the highest bidder.

That means predatory contracts should be illegal, and a community should work towards having free movement of labor, obviously the owners of the means of production would seek out the best teams possible, unencumbered by predatory or exclusive contracts between workers and their competitors.

>>1976627
No.
not only are the workers too dumb to run a company, they shouldn't even be allowed to vote for government.

where else but democracy and socialism do you find people too stupid to manage their own affairs and too stupid to run a business in charge of government and production?

how retarded is that?

>>1976625
Knee pads

>>1976625
Why don't you draw some money

did I do it rite guise :ddd

>>1976529
>go to craigslist find a car, buy it.
>many post are made by back alley "dealers"
>they buy and resell cars
>make sure you know what you want, be upfront about not having mechanical problems
>pay like 3-5k for a decent shitbox that'll last a few years.

Just buy a better shitbox

>>1976533
curbstoners aren't going to tell anyone if there are any mechanical problems

pay the $100 to have an actual mechanic inspect the car you're interested in BEFORE you buy it

>>1976510
too much money and don't know what to do with it

>>1976510
Hedge funds USED to be an incredibly successful alternative to traditional investing for the rich. Back when everyone was picking stocks (and paying stupid fees to their stupid brokers), hedge funds could outperform despite the 2/20 fee structure. Also, there were far fewer player players chasing alternative investments and mid-sized M&A back in the day. So back then, hedge funds truly were a "hedge" against flat or declining markets.

Today, hedge funds don't even try to hedge anymore. They just seek straight alpha, and in that regard they can't complete with index funds. Not after you deduct their fees, which haven't changed in decades. Why would institutional and HNW clients pay 2/20 to a hedge fund when they can pay 0.05% to Vanguard and get better net returns?

But momentum is still a thing, and the old ways take a long time to die out. And, in a sense, a proportionate allocation to a hedge fund is a form of diversification even for someone who puts most of their assets into index funds. Some high risk/high reward plays are worth the gamble, even for conservative long-term investors. Active management, including hedge funds, won't be going away completely ... but the steady decline will continue.

>>1976545
A real answer? On /biz/?
Godbless you anon

What moon?

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I hold BAY + PoSW + BITB

and the faggoty, absolutely cucked FUDDERs just keep getting blown out by my big ass returns. Absolute Excellence.

Shuffled a lil bit in when it was unheard of. Pretty pleased. In retrospect, would've been nicer if I had more, ofcourse..

>>1976495
You can't day trade penny stocks with $500, and even if you could, the fees would eat you alive.

Crypto is better
>More volatile
>Less manipulation (seriously, there is a lot of manipulation, but penny stocks are worse)
>No minimum balance requirements
>Largely unregulated
>Trades 24/7

https://en.wikipedia.org/wiki/Pattern_day_trader

>>1976495
500$ in pivx early on feb would be 150k today

Alt coins = high risk high reward

Learn trading by making bad trades, eventually you lose enough money that good habits get picked up.

Also buy edge/pivx/posw/bitbean and hodl

make sure that your altcoins have good liquidity

bittrex.com good site for trading altcoins

but i did

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>>1976479
goooooood

>>1976467
based off ETH, I have ETH, fuck this nonsense, it's the same.

vagabump

Get the most expensive/usefull degree there is that has losts of potential for advancement and repositioning

Dont be a welder, get into uni

fellow dane here, get into IT.
lived and worked across the world for the past 10 years.

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ARISE CHIKUN

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>>1976415
>>1976416
SOARING

LIKE AN EAGLE

I literally want to sell my entire $100k portfolio and crash the shit out of BitBean just to watch you shills cry like you did with Dogecoin years ago.