You absolutely right, I do not have any experience in these sectors. We are not always going to have knowledge or experience in what we are trying to sell.
This product and the shower are both products I have no experience in but I am very confident that they are both something that would sell and be very scalable.
That’s why I am researching into bringing to them to life. So no offence to you neither but please do not comment on my posts unless you have something productive to say. Thanks.
Thanks, but that's not the way a forum works.
Without doing a survey, I'm going to say 90% plus of people on this forum have developed a business based on some in depth knowledge of an industry, generally by working in it for some time. Then they decide to go on their own, either having seen a niche or confident they can do something that the existing suppliers can't.
Over the last five years or so, you've..
1) Wanted to open a sunbed shop, despite knowing nothing about the costs.
2) Wanted to open a nursery, despite knowing nothing about them.
3) Wanted to sell sportswear online, but didn't know where to get the products from
4) Wanted to sell swimwear, but didn't know any white label suppliers
5) Tried to source some soft play equipment
6) Tried to get a bit of kit manufactured in plastic, but didn't know where (I think this was a couple of times, and possibly included looking in to a patent)
7) Said you had £100k to start up a company, but had no idea what to do.
8) Looked in to selling something on Amazon
Then got into the shower gel and now cordials.
You've also asked how many millionaires are on the forum. I'd hope to look for advice, but you don't seem to want any that doesn't fit with your current plans.
You say you're in the oil industry, and I could understand your concern about the future of that, at least in the UK. But you don't seem to want to do any proper work in developing a business. It's very rare to make really good money just by buying and selling something, unless you really know the product and the market place. I'm just concerned that you're going to spend that £100k on a load of stock that you end up selling at a loss. You remind me of one of the many people that think there's a fortune to be made in opening a cafe, then find out there's a Starbucks just round the corner.
Feel free to block me, I won't be offended.