>- Are you servicing a specific region
Southern California.
>- Who are your primary customers going to be? You say mechanics, but are they the only customers possible?
Mechanics, other people who will buy from me to distribute.
>- Does it have to be something with "Auto Supplies" in it? Think of successful sites whose names don't have anything in common with the actual purpose of the site (Google, Yahoo, Zillow...)
Not at all, any recommendations are helpful and highly appreciated. That's just what I was thinking..
>Maybe use your own name to cater to the customer segment that goes for the ol' folksy crap
I don't have a cool name that people with associate with. :(
I actually like some of these.
However, these seem to be directed at a retail crowd.
I am distributing to mechanics. I'm not sure if they'll enjoy Autocrat automotive supplies, despite the fact that I love that one. It's actually very smart.
First, I'd like to say I highly appreciate your post, it was rather informative. This is what I love about HN!
1.I've always read, and have been interested in investing in the markets,(I read financial news daily) however, I know no one in my environment that would have knowledge of these topics or anyone that would provide me any insight. I know investing in some stocks won't make me much, I'm not delusional and I know how much prices generally fluctuate. I've tried finding classes in my college but there aren't I know. I also don't know anyone who deals with anything related to computers, software, websites, or anything technology related. I wish someone would let me in and show me what they do so I have an idea of how businesses operate on the internet.
2. Makes sense, deal in something you are interested in. but I am not planning to sell to retailers but people who will directly use my product(other businesses). The product that I have in mind is non-perishable, and in demand daily, the type of competition is closest to a monopolistic competition, probably somewhere in between perfect competition and monopolistic, so entry and exist is not very difficult. Profit should probably be low though, until I have "relationships" with the people I'm selling to. The most important thing to them is price however.
I can talk more in detail if you provide an email. :)
4. Hmm, you're right. I am unable to do any such thing.
5. No I'm not doing any shipping. If I knew how to operate a site I would. It would open up a lot of possibilities.
But these are autobiographies, I would like a book that gives me APPLIED knowledge on trading in index funds, options, stocks, bonds, forex..etc. I'll start with stocks/index funds because they're easier.
I'm new here so I don't know how to send a PM, but what do you do for your current job? I'm your age so I'd like to do something that gives me valuable skills.
First I'd like to thank everyone for their comments.
I forgot to mention the most important part.
I'd like to start a middle man business nothing in the service industry like most types of businesses, basically buying something in bulk and distributing to places. I know what I'd chose but I'm sure there are other types of things that I can distribute..I don't know what though.Also need more resources and connections, and I have no access to that. What are some things that I can buy and sell in bulk?
>Well, you're here so that means you are able to contact a lot of people that do have connections, and that's probably almost as good.
This is exactly what I'm here, I know this place is a host to some highly intelligent and successful people. In fact, I'd be glad to help someone for free just to see what they do and how things work. However, I believe most people run software/website type of business, which is something I'm highly interested in. I have no one that is even remotely close to "tech savvy" to own something like this
>What interests you? Are there skills associated with that that you might want to learn?
I have skills I think, but I don't know what they're pertinent to because I don't know the opportunities are.
>So go to work for someone that owns a business!
I guess I'll just go to those office complexes and ask? Would that be a good idea?
Or if anyone here would like to show me what they do I'd be glad to help for free.
I know nothing and have no skills.