What Personal Business To Open??
Hey bro's!!
As luck would have it my best friend just came into a very very large lump sum of money. We have been thinking of opening our own business for quite some time now. He has a degree in Business Management. I am 2 semesters away from a Marketing Degree. Together with another investor/friend we have a good amount of money and not only that we have the means and we have the connections (my family owns their own business, girlfriends best friends owns his own business plus his father owns 3 businesses) So we are trying to brain storm some ideas. Now we know that it will take along time to even get the ball rolling and we are not worried. I would like to hear some ideas from you guys. Knowing that a handful of ppl here own their own business (Swolecat) Of course the first thing out of my Friends mouth was a club or bar. But its such a pain to get a liquor license in PA, and COSTLY!!! Then my girl said a restaurant because Im a chef and have been to school for said profession. But I would love to get out of the restaurant business not get into it. lol Both my friend and I know our fair share about computers. I mean we both have traveled the world (navy brats) We just would like to brainstorm and research for months and see what our options are. Anyone have any experience or ideas I'm all ears. Thanx in advance.
resteraunts have a high failure rate-
plus you have to work your ass off-I have been in and out of several business over the years, mostly as an investor/silent partner. Hands down the most lucrative were simple things like coin operated car washes and laundramats. I recently partnered with a guy who runs coffee shops/internet cafes-so far it has been going well. Good luck with whatever you choose.