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Archived threads in /biz/ - Business & Finance - 6182. page

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File: Forge A New BIZ.jpg (521KB, 719x688px) Image search: [Google]
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This shit is easy. No inventory.

>What is dropshipping?
https://www.shopify.com/guides/dropshipping/understanding-dropshipping

>How do I get started?
Buy a domain, shopify subscription, basic LLC licencing if in the states

>Where do I find products?
Aliexpress

>Useful Shopify Apps
Oberlo, Scarcity, Conversion Plus, McAfee Secure, Product Upsell

Drop your site for honest reviews and tips.
321 posts and 46 images submitted.
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>>1710231
Im looking at creating my first LLC soon for various online projects.

Could I buy wholesale with an LLC or do I need an additional license / permit?

Wheres the best place to find wholesallers that are willing to dropship?
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Just got started this week my site is www.practicoolgadgets.com r8 h8 masturb8.
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>>1710231
>basic LLC licencing if in the states
Not needed.

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Give me ideas for a business that requires a small amount of capital.

I have just lost my job and will be paid roughly £1000 in redundancy.
7 posts and 1 images submitted.
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Blowjobs
Gambling
Landscaping
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>>1730113
Should have added no kneepads, got a car so landscaping could work.
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>just start a business they says

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If I take a student loan of 650$ every month for three years with an interest rate of 4% and, instead of using it to pay my expenses, invest it in world msci and other ETF which have an interest rate of 6-9%, will I make a profit in 30 years?

Does that make any sense?
14 posts and 2 images submitted.
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This is a legit strategy. It's why you should never pay off your mortgage if it's a low rate. Put that money into an investment and it'll outpace the interest payments in the longer term.
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>>1729759
How do you plan on getting student loans without enrolling? If you enroll, how do you plan on paying your tuition without the loans? if you can, why aren't you just investing that money?
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>>1729800
>
I live in Germany. We don't have to pay for tuitions. I'm going to start my postgradual studies next years, which will take another 3-4 years (PhD). If I have the opppurtinity to take a student loan with such low interest, I should take advantage of that, don't you think?

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What are the implications of blockchains used for startup capital in businesses while tokens are backed by BTC as the standard?
https://techcrunch.com/2017/01/08/the-future-is-a-decentralized-internet/
10 posts and 5 images submitted.
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>>1729735
That's a two column chart btc. The BTC column is just too tiny to see at the moment. What happens when a fraction of the money held in domestic markets is moved to a deflationary currency that is limited to 21 million coins in circulation?
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Market cap for a big company like walmart is a bit over 200bil. You cant compare anyting to the global market lol
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>>1729748
>You cant compare anyting to the global market
Why can't you? Even that is pretty small compared to $60 trillion global or $25 trillion US.

I'm comparing it to the global domestic market because there is no reason for this type of funding to be limited to US companies. BTC is a global currency.

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How does one have enough money for rent while having a minimum wage job in college? Especially in a place like Mesa, Arizona.
26 posts and 2 images submitted.
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>>1729552
Parents
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>>1729552
>>1729569
>not living with your parents while saving all the money you earn
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>>1729552
Live with your parents if you can. It will save your GPA and bank account. It can be done though.

I worked a 10 dollar an hour job, 20 hours a week to pay rent and buy food. I lived off campus and would ride my bike to school.

It's pretty tough and takes serious budgeting to pull off. Towards the end of college you start getting better opportunities though. The more people you meet the more connected you get, so you start hearing about better jobs.

Try and apply for work/study positions if you can, and apply for every scholarship that is out there. I can't tell you how many times a little 500 dollar scholarship bought my food.

Any tradesmen here? Is it really the golden ticket it seems to be? Making money without the college fad? I am going to get an electrician apprenticeship. What are your experiences in the trades?
14 posts and 1 images submitted.
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>>1729407
3rd year electrical apprentice here. I mainly work out of a workshop, building switchboards for mines. Ill occasionally go out to a mine site to do some work.
I enjoy it and because I work in the mining industry, it pays quite well.

What do you want to ask?

Im Australian BTW
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Mining electrician here (aus) its good money if your in the right industry, like anything you get over it though, currently studying business at uni
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>>1729412
Is it really that hard on your body? How much do you earn? Is it worth it? What other trade would you recommend?

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Pissed off my manager and now my hours have been cut to 24 a week...

I earn $8.30 an hour...

Advice?
11 posts and 2 images submitted.
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>>1729332
>wagecucks
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>>1729332

Well anon how many hours were you working before?
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>>1729334
40 minimum, highest was 70.

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I just purchased some more Bitcoins. Am I doing good buying the dip /biz/?
14 posts and 3 images submitted.
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happy birthday birthday papi kek be with you .
totally up to you i bought i bit myself good luck!
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>>1729338

At what price did you buy?
>>
760$

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Here is an idea i have had for a while.. can /pol/ please poke holes in this idea? If you can't find any holes in it, can you link to any known pump and dump newsletters or chat rooms you know about?

Penny stocks are often the targets of pump and dumps. Criminals who pump and dump typically have a time frame in mind; they will buy slowly over a period of months, then pump the stock and then sell in a matter of days after their announcement.

One idea I have had on my mind for a long time:
If you were to retrospectively analyze 50 pump and dumps, and find that they were pumped for an average gain of, say, 100%, what then stops you from subscribing to the criminals newsletters and email lists, buying immediately when they pitch the stock, and then selling out as soon as it hits a 50% (n<100) gain?

Over the long term this seems like a profitable trading strategy, and I believe that it's legal.
8 posts and 1 images submitted.
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lol oops i said /pol/ but clearly i meant /biz/
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hi op. ive been wondering this too, as i sort of tried this once before.

bear with me: a few years ago i was hanging out with my brother's girlfriend's brother who kind of wanted me to mentor him on how to do ad arbitrage. we talked about lots of different things and one thing he showed me was a penny stock that he knew was a penny stock pump and dump. he had read the guy's newsletters back to back and relayed to me how the stock had moved, and going by the wording and stuff, and the dates mentioned in the sequence of newsletters, it was pretty obvious what the next move was going to be.

i had like $40 in some mining stock that hadnt moved in a long time so i was like let's try it, why not, sold that stock to get the $40, then bought the penny stock. i asked him to check to be SURE that he hadnt gotten another newsletter since the last one mentioned, because if he had, that would change the plan to the other direction and we should be shorting instead of buying. he said there was no other email, and in my own laziness i didnt force him to check because i was just more curious about what would happen than i was about making like $5 or something.
(i had never seen penny stocks before and didnt really know much of anything about stocks, so the concept of seeing a stock actually be pumped or dumped before our eyes, as a true scam, fascinated me and i just wanted to see if it really worked that way.)

but this guy was kind of a goon and it turned out there WAS another email that he hadnt bothered to check for, naming a date or retracting something they'd said previously or something, and so the stock got pumped and we (I) got suckered. it didn't matter to me at the time, and it only matters to me now in that i would like to be able to say to you 'yeah, its possible to beat the scam like that, i did it once.' But the point is that it WAS, at least in that case, obvious enough to be predictable, and it was merely laziness that prevented us from winning. contd. >>
>>
i never revisited the idea because i was always working on other things, but its something ive been curious about again lately.

ever get those advertorials in your (irl) mail? they're like fake magazines all centered around shilling some stock, and the whole thing talks about the applications for some new product or technology and how it'll be used the tech, medical, military sectors etc., and then (not very) subtly reminds the reader of the manufacturing company's stock ticker? i have some of those saved in the closet somewhere because i like that stuff, ill have to dig them out. but that's what those are for, they're for pump and dump scam stocks, like you asked about earlier, signing up to their newsletters and things.

i still dont know much of anything about stocks, so here's a seriously newfag question for anyone: don't all pump and dump stocks get dumped eventually? wouldnt the mere identification of a pump and dump scam guarantee you eventual profit because you KNOW that it's going to hit $worthless eventually so you short it whenever and then just wait?

let me know what you think, OP.

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stop pumping memecoins and penny stocks
7 posts and 2 images submitted.
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>>1729189
Can you tell Dave in accounting I'm sorry I missed golf on Monday?
I was getting my dick sucked but then crashed my car and shit my pants at the same time.
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>>1729189
>memecoins
>regulated
>>
Buy Trump coin

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How profitable is working in a trade? Can you earn 6 figs from it? Trade school is cheap and may allow me to get into the field early.
18 posts and 1 images submitted.
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>>1729178
working as an employee is below average.
working self-employed people tend to make $50k-$100k.
Employing others people tend to make $100k and up.

at the point where you're employing others you're not really working in a trade anymore though. By then you're running a business which takes an entirely different skill set.
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>>1729178
refrigeration guys can make 6 figures in some situations, but you have to put in time.

I worked for a company that supplied literally everything after a while. pants boots vehicle fuel phone really everything
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the more the trade pays the more risky the work is. I did a 4 year apprenticeship and my trade is like all dependant on mining and construction and that went to shit as soon as i finished. 4 years later here i am still living at home and havent had a fulltime job since, everyone only hires you as a casual now so they can fuck you off as soon as work disappears.

People always need to drive so become a mechanic, its easy to branch out into shit like hydraulics as well and if hydraulics ever goes to shit you can go back to fixing cars.

Dont become a boilermaker like I did. anyone can weld

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Coiners on suicide watch
8 posts and 2 images submitted.
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>>1729126
he must have jumped in the wrong direction
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>>1729234
*she
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>>1729239
>/pol/'s new waifu/mascot is mistaken as a man to normal people

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So now that bit coin has fallen 300$ in 6 days can we 100% say the bubble is bursting? Will it be similar to fall of 2013?

Here's some handy charts with different exchanges and currency comparisons.
https://bitcoinwisdom.com/markets/btce/btcusd
>https://bitcoinwisdom.com/markets/btce/btcusd
https://bitcoinwisdom.com/markets/btce/btcusd
>https://bitcoinwisdom.com/markets/btce/btcusd
https://bitcoinwisdom.com/markets/btce/btcusd
10 posts and 1 images submitted.
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>>1729112
what happens to other cryptocurrencies once bitcoin falls
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>>1729112
i hope so.
I need to buy a lot more at cheaper prices

Decentralized, untraceable crypto-currency is here to stay and flourish.
[yes, bitcoin can be traced, but attempts are being made to make a truly untraceable store of electronic trust/value. XMR zcash are showing good results so far.]

crypto is like the internet in the 90s.
get in. stay on top of it. move on to greener pastures [xmr, xrp, zcash, other even more untraceable crypto, etc.]

>>1729124
btc goes down, like a normal check, then others go up.
if btc goes down like sudden zero trust in crypto? well, everything comes crashing down with it.
so, far, it seems like a basic normal correction.
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>>1729131
Could you redpill me on Zcash, XMR, and XRP and if they can be used for anything market wise? Is it worth getting into those exchanges?

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Just how low will they go? Down 5%? 20%? 50%? Is it still possible to make money shorting when you know everyone else is as well? Maybe I should ignore the current downturn and focus on the long-term disaster that will be the Switch and buy Put opti options?

What do you think /biz/ after watching one of the worst console reveals of all time?
18 posts and 2 images submitted.
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>>1729072
I forgot people are trading. Fuck foreign markets.
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ALWAYS BET ON SONY BABY!
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fuck you i liked it.

should i major in finance, accounting or engineering?
9 posts and 1 images submitted.
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As an engineer you can get into finance and investments based on your quants skills but not vice versa
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>>1729064
Which is better for an introverted person? Finance or Accounting?
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>>1729079
Accounting.

For finance you will need other skills esp software to land a decent job in a city (c/python/sql/ect..) unless you have connections.

Accounting w a few internships is easier and you can simply read a cfa lvl1 to get all the finance bachelors stuff down.

Note: finance grad going back to get MS this year, hopefully. Currently learning vba.

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