How can I make £1000?
- Thread starter tomweston
- Start date
Do you really think there's any safe way to turn £400 into £1000 in a few short months? (that's a whopping 150% gain on your original investment in about 5 months! (to put that into context Bank of England base rates are presently 0.25%).
The only way you're going to be able to do that it with a punt/gamble ...& that carries a lot of risk to your original investment.
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dont want to sound mean @tomweston but just going by this post alone, I don think youre up to starting a business let alone running one
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if you have time to set up a business you have time to go get a job.
My son has recently got a part time job working the early shift at a supermerket. He has earned over £600 in two months. He is at uni and has found the time.
Your app is not going to take off. Forget this as a money maker. If all you need is beer money get a job working in a bar
My son has recently got a part time job working the early shift at a supermerket. He has earned over £600 in two months. He is at uni and has found the time.
Your app is not going to take off. Forget this as a money maker. If all you need is beer money get a job working in a bar
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- Original Poster
- #22
There is no time in the week due to sport etc. and on Sunday, the only day I am home, I often have there things on @The Accountancy Lab
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When I was a 16 (not that long ago) I had time for full time education, as well as boxing, kickboxing and football. I still found time for a job.
If you don't want to work for it, then your option that's left is to stick your capital on either red or black down the casino.
If you don't want to work for it, then your option that's left is to stick your capital on either red or black down the casino.
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A good looking boy from boarding school needs £600 quick, let me think about that for a minute..
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So stop doing all those other things and go get as job.
Your local supermarket offers overnight and early morning work. You could do that. And there are always jobs for early morning cleaners.
Methinks you are just making excuses.
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My thought exactly... keep the uniform on too, you'll be making over £600 a night.
(I watched a documentary on 'escorts' they were making a killing, but, I'd wanted something better looking for what they were charging!)
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M
myfairworld
The reason everyone is seeming to be so unkind Tom is that if any of us (i.e. any business person) could think of a way to make 1000 by summer (by any non-fraudulent means) starting with £400 and in particular by expending little or no time or investment on it, we'd already be doing it and you'd already know about it. Those with more than £400 to start with would be doing the miracle operation many times over! Some people and some organisations do make this sort of increase in original capital but to do so they need to already be running successful businesses in which they have invested a great deal of money, time and effort.
Once upon a time a long time ago I had a landlady with a son in boarding school (I lived essentially as a paying guest in her very nice home i.e. I got to know her and her family well she wasn't just someone I paid rent to for a flat or bedsit) so I think I may understand your position even if I've never been in it myself. Are your sport commitments at school pretty much compulsory or at least something you could only give up by making yourself extremely unpopular? You are home one day per week, do your family then have a big expectation that you'll do stuff with them whether it is eating Sunday lunch or doing activities together or simply being around because they haven't seen you on the other six days? If so you are between a rock and a hard place. On the other hand if you are doing out of hours sport at school or doing certain activities at home not because you 'have' to but because you insist on choosing to do so you may have to either change those decisions/preferences or accept that you don't care enough about that £1000 to make the effort + decision making necessary to get it.
Why do you need that £1000? To fund the marketing of your app? To go on a holiday or activity? If it is either then you are facing one of the basic challenges of business which is that at the start you may have to pretty much give up everything else in order to get your idea/invention/business off the ground.
No matter which way you look at it the most certain way to your £1000 is to get a job either out of school hours if your school will accept this or out of family hours in your one day at home if your family will accept this or you can tolerate their non-acceptance and go for it regardless. The other route is basic stuff like selling anything you don't need on Ebay or Shpock or similar but you'd have to have some worthwhile stuff you don't need to reach your target.
If a job as such is really impossible then can you make any money from your immediate environment? I suppose one of the most obvious if technically forbidden routes (if you are academically able) is to charge your fellow pupils for doing their homework for them! But maybe there is other more school rule acceptable stuff you could do for them or to supply to them and charge - but you'd still have to have or create the time to do it.
Once upon a time a long time ago I had a landlady with a son in boarding school (I lived essentially as a paying guest in her very nice home i.e. I got to know her and her family well she wasn't just someone I paid rent to for a flat or bedsit) so I think I may understand your position even if I've never been in it myself. Are your sport commitments at school pretty much compulsory or at least something you could only give up by making yourself extremely unpopular? You are home one day per week, do your family then have a big expectation that you'll do stuff with them whether it is eating Sunday lunch or doing activities together or simply being around because they haven't seen you on the other six days? If so you are between a rock and a hard place. On the other hand if you are doing out of hours sport at school or doing certain activities at home not because you 'have' to but because you insist on choosing to do so you may have to either change those decisions/preferences or accept that you don't care enough about that £1000 to make the effort + decision making necessary to get it.
Why do you need that £1000? To fund the marketing of your app? To go on a holiday or activity? If it is either then you are facing one of the basic challenges of business which is that at the start you may have to pretty much give up everything else in order to get your idea/invention/business off the ground.
No matter which way you look at it the most certain way to your £1000 is to get a job either out of school hours if your school will accept this or out of family hours in your one day at home if your family will accept this or you can tolerate their non-acceptance and go for it regardless. The other route is basic stuff like selling anything you don't need on Ebay or Shpock or similar but you'd have to have some worthwhile stuff you don't need to reach your target.
If a job as such is really impossible then can you make any money from your immediate environment? I suppose one of the most obvious if technically forbidden routes (if you are academically able) is to charge your fellow pupils for doing their homework for them! But maybe there is other more school rule acceptable stuff you could do for them or to supply to them and charge - but you'd still have to have or create the time to do it.
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He'll not have time given that he also wants to start a watch brand: http://www.ukbusinessforums.co.uk/t...rting-my-own-watch-brand.369509/#post-2719038
John
John
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Ok a little test I used to do on my business friends was go to your local £ shop with phone in hand, find lines that are on eBay for £3 or more ( you will be suprised how many there are) Then under cut them on eBay sell them for £2- £2.50 on buy it now.
Thank me when you made £600
Thank me when you made £600
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As well as a clothing brand:
http://www.ukbusinessforums.co.uk/threads/starting-a-clothing-brand.364717/
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Sell anything you own
Get a job
Buy and sell on eBay
If you can't do those, you can't run a business
Get a job
Buy and sell on eBay
If you can't do those, you can't run a business
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I understand where you are coming from Tom,, my sister is also at boarding school and also says she 'doesn't have time' for a job. I remember being 15/16 and wishing I had all the money in the world to start my own business.
However I really do feel a bit of experience wouldn't go amiss, there is a lot more to just hoping this 'app' takes off. You strike me as an unmotivated person like me, but would getting a job hurt?
It would teach you a lot about how the business world works.
However I really do feel a bit of experience wouldn't go amiss, there is a lot more to just hoping this 'app' takes off. You strike me as an unmotivated person like me, but would getting a job hurt?
It would teach you a lot about how the business world works.
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Hrmm a sure fire way to more than double one's money, with no risk, no job/effort, no time and do it quickly....
Aside from some magic beans or a golden goose, I got nothin'.
Aside from some magic beans or a golden goose, I got nothin'.
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