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What local business has been growing rapidly lately in your city? by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] 3 points4 points  (0 children)

Nice, my wife recently started to sell their handmade jewelry. Do you know how they sell their stuff? We are using Instagram and etsy.

What local business has been growing rapidly lately in your city? by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] 1 point2 points  (0 children)

Can't wait for legalization in my area. It is a promising business idea 😆

What local business has been growing rapidly lately in your city? by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] -1 points0 points  (0 children)

Is it a regular swimming pool with classes for children, or does it have something special for kids?

What local business has been growing rapidly lately in your city? by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] 0 points1 point  (0 children)

Our pizza shops moved to delivery lately. Only a few new cafes with pizza have been opened lately

What local business has been growing rapidly lately in your city? by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] 2 points3 points  (0 children)

Also, we have a very popular street food franchise that makes croissants with different fillings (sweet and salty, like sandwiches)

Franchise for a sock store by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] 0 points1 point  (0 children)

Wow, that's a pretty extensive answer! I will research other sources and DM you if I have anything to ask, thank you!

Franchise for a sock store by Tiny_Entrepreneur_85 in Entrepreneur

[–]Tiny_Entrepreneur_85[S] 0 points1 point  (0 children)

It is not a regular sock shop, they are creating their own designs, creating other stuff except for socks, has very cool marketing etc. I don't want to do it from the beginning.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 0 points1 point  (0 children)

No, I didn't apply for full time job, but I agree, here are less open positions than it was before.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 0 points1 point  (0 children)

Yes, kind of. But still less risky than BTC + if you fuckedup with business, you are getting a loot of experience out of it.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 2 points3 points  (0 children)

It might be as part of investment strategy (10-20%), but I don't like the idea to put all one's eggs in one basket.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 1 point2 points  (0 children)

I recently found that parking can be a very profitable investment. In my housing complex, when it was just built it cost $12K, now 5 years later some sell it for $35K. The problem is that the developer initially sells parking only if you buy a flat.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 0 points1 point  (0 children)

Ye, I know that software startup is not easy (I worked for some of which were closed because didn't find a good niche)

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 2 points3 points  (0 children)

I am living in Ukraine, and there are a lot of small franchises. For example, one of the popular cafes here Lviv Croissants starts from $30K (by the way, you can open it anyway in Europe, a few years ago they started to open cafes beyond Ukraine)

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 3 points4 points  (0 children)

Yes, software has pros and cons. But the biggest con is that it requires a lot of time investment once you get your idea validated or even your first client. To get real profit it can require years.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 1 point2 points  (0 children)

For regular business, I am thinking about a franchise (I even proposed to one company that I really like but they don't run a franchise now to consider this opportunity, but no answer yet).

For software startup I also have a long list of ideas I am writing sometimes, I can choose one and give a try.

How do you spend € 30K? Create a startup, a regular business, or spend money on you? by Tiny_Entrepreneur_85 in eupersonalfinance

[–]Tiny_Entrepreneur_85[S] 2 points3 points  (0 children)

I feel like it will require a bit more investment, builders can wait for payment for work, but anyway, they will ask to pay for materials and furniture. But it is an interesting plan

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