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> FAILED ENTREPRENEUR! Come In.., Share your failed ideas and experience.

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Mr.Weezy
post Oct 10 2016, 10:09 AM

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From: Shah Alam



Hi there,

I'm currently doing some reselling work that involves very very high risk, that compensates with high reward.

Invested RM400, netted profit of RM8xx in 3 weeks.

However the business is illegal in nature, do you think I should quit selling this and turn into an investor myself?

I have a few people that are willing to work for me
Mr.Weezy
post Oct 10 2016, 01:33 PM

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Joined: Apr 2016
From: Shah Alam



QUOTE(J1g54w @ Oct 10 2016, 12:43 PM)
Entrepreneurs, do you think this can work?

Buy RM1,000 worth of products around RM10 pricing that is very mass market (confirm got ppl buy and sells easily due to low price)
Sell online to earn 10% profit.
Repeat every month.
Man up, do this shit for 5 years non-stop. Stop playing video games, watching useless dramas, or doing pointless stuffs you continued doing from college/school.

By end of 1st year, you get 2.8x the capital
By end of 2nd year, you get 8.9x the capital
By end of 3rd year, you get 28.1x the capital
By end of 4th year, you get 88.1x the capital
By end of 5th year, you get 276.8x the capital

So if you started with RM1,000 today, you will have RM276k by Oct 2020. Can you see yourself in the next 5 years with that much money?

Best thing is you can do this as side job while having a day job. Basically just manage orders, packaging and postage.
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What makes you so sure that the cost price would stay stagnant at RM1000 throughout the 5 years?
Mr.Weezy
post Oct 10 2016, 02:43 PM

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Senior Member
945 posts

Joined: Apr 2016
From: Shah Alam



QUOTE(darthbii @ Oct 10 2016, 02:42 PM)
Parking.
*
aren't ya spm student? laugh.gif
Mr.Weezy
post Oct 11 2016, 08:16 PM

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From: Shah Alam



Hey sir, what do you think of real estate sector ?

Although I'm just a college student now running some part time biz but those are not sustainable in the LR, especially when I leave university.

I'm really interested in RE, but not in realtor/selling .

Smth like Property Management or REIT that has lower risk lower capital etc.

Any ideas ? Or do you have any friends in RE that made it big?
Mr.Weezy
post Dec 26 2016, 08:43 PM

无处安放的魅力
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Senior Member
945 posts

Joined: Apr 2016
From: Shah Alam



QUOTE(Splynncryth @ Nov 17 2016, 01:48 PM)
We should organize a group meeting of lowyat members.

1. Share Ideas
2. Discussions

Which may lead to

1. Knowledge sharing / Partnership
2. Setting the very first lowyat association club

Which may inspire to be

1. The very first in Malaysia forum driven Corporation where members can pitch ideas and projects that could generate income for the corp.
2. Members can be contributors, investors, part-timers contributing their skills where they can earn income.
3. And the project as a whole can be made to generate larger income which will then distribute and shared across.
4. We have people with various background, skills, knowledge, wisdom, experience and connections here. We need documents expert? Proposals writing? Mind-blowing graphics and presentation? Best talker? Best Joker? Good looking people to awe the audience? .... We could have the best of everything combined into one driven part-time/online corporation.
5. Imagine pooling this all into one large family/part-time contributors for a particular project or vision.
6. The world's largest forum driven corporation?

Well, That's just a thought, but it's a cool idea actually. And for those who loved to troll. We could use their skills of disruptions for other purpose as well. And I'm sure there will be trolls replying to how difficult is it to set one up. Doing it alone would be "impossible" but do it as a group? So take the "Im" away and everything will be "possible".  smile.gif
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Can newbie join? Saje mau learning

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