Looking To Start A Small Business With Bitcoin - page 11.

rjbtc2017

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Activity: 322

Merit: 252

Quote from: Oralmat on July 20, 2017, 05:37:43 AM

Quote from: rjbtc2017 on July 20, 2017, 04:50:03 AM

Small business? How small will be your business? I've studied a little bit about E-commerce and Business, In order for you to have a successful business, start with planning on what will be your business? this the most important part, what will be your business will offer? what kind of products and what kind of services you will offer. Second of the most important thing is what will be your market, who will buy your service/product with bitcoin?

Starting a business ( buying/sell) can be a long term or a short term process in order to get your profit depends on the product and your target market,
Investment is a long term.
Trading needs a lot patience and a great knowledge about it.

As for me, i'll advise you to plan first and get back to us on what will be the outcome of your business planning.

Yeah, that's why i never give him any idea, because i don't know about that man and about his skills, which type he want to start a business, only ask us, it is not enough, should explain about anything and give us hints about the business. Than better for us to give him answer. But i know one thing is mustily need capital and long term investment to start a business.

We really cannot give him exact and detailed answers because of the lack of details that the Thread Author gave us.
BTW to the thread author:
There are business that gives profit in short term but it should be planned well, to the thread author, it's really hard to help you because you didn't give us enough details, but if you don't have any details to give, focus on planning first then get back to us, we are willing to help, always remember this things you need to consider
1. Capital
2. Products/Services
3. Market

Make sure that three elements should be balanced and should be planned well.

pinggoki

sr. member

Activity: 1498

Merit: 416

Quote from: pradeep1407 on March 09, 2017, 05:02:06 AM

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

You must have first to learn and have a knowledge on what really you want kind of business you will take. Yet, make sure that the business you are goin to take is odd from other and very useful because it will be popular that will cause for you to get a higher profit. It is much better if you have an expertise upon that business so that you could manage it with ease.

fitty

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Activity: 728

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First of all you must have knowledge into something you really want to go with,it is advisable to plan for your business first,think of what will help you alot and what really people wants to get in this days for your business to succeed

Oralmat

hero member

Activity: 588

Merit: 500

Quote from: rjbtc2017 on July 20, 2017, 04:50:03 AM

Small business? How small will be your business? I've studied a little bit about E-commerce and Business, In order for you to have a successful business, start with planning on what will be your business? this the most important part, what will be your business will offer? what kind of products and what kind of services you will offer. Second of the most important thing is what will be your market, who will buy your service/product with bitcoin?

Starting a business ( buying/sell) can be a long term or a short term process in order to get your profit depends on the product and your target market,
Investment is a long term.
Trading needs a lot patience and a great knowledge about it.

As for me, i'll advise you to plan first and get back to us on what will be the outcome of your business planning.

Yeah, that's why i never give him any idea, because i don't know about that man and about his skills, which type he want to start a business, only ask us, it is not enough, should explain about anything and give us hints about the business. Than better for us to give him answer. But i know one thing is mustily need capital and long term investment to start a business.

rjbtc2017

sr. member

Activity: 322

Merit: 252

Small business? How small will be your business? I've studied a little bit about E-commerce and Business, In order for you to have a successful business, start with planning on what will be your business? this the most important part, what will be your business will offer? what kind of products and what kind of services you will offer. Second of the most important thing is what will be your market, who will buy your service/product with bitcoin?

Starting a business ( buying/sell) can be a long term or a short term process in order to get your profit depends on the product and your target market,
Investment is a long term.
Trading needs a lot patience and a great knowledge about it.

As for me, i'll advise you to plan first and get back to us on what will be the outcome of your business planning.

Yanisumin

hero member

Activity: 648

Merit: 502

Quote from: Cofee.BLUE on June 07, 2017, 08:49:03 PM

Consider the needs and wants of your target costumers or you can do some sort of survey to them.Im sure lots of people in the cyberworld are willing to spend their bitcoin if what you selling fits to their need.And try using social media for advertisement Im sure that it will reach many people.But before you start that do a research first.

This is one of the best way but the problem is there are so many projects that they have seen so it's not easy to think of a good one, and you're not still sure if they will participate. But the part that you're going to advertise in social media, don't do it with some " HI or hello approach then direct to the point" . Make the approach like they will be interested. Be lively and don't spam in fb messenger.

Quote from: Smarty14392 on July 05, 2017, 12:14:14 AM

You can start a lot business with bitcoin including online and offline business.
If you want some daily income bitcoin business then i would suggest you to get some good ASIC miners. If you invest some of your bitcoins to purchase some good ASIC miners, you will get some slow but good profit. For example, Now Antminer L3+ july batch will be available soon. If you purchase it, you will get some 504 mh/s hashrate with it. Calculating daily profit, you will get some 42$-43$ daily with it and it will cost 0.7-0.8 btc. If you have a low budget you can also get some used miners with good condition.

You know a lot about mining. But I think you should have a good knowledge in hardware and software and computing electrical bills when you are mining. There are some miners in my country that have go with the flow in Bitcoin and when they've heard about what's happening in August 1, started to sell their mining rigs so I think before stepping in that stuff build some knowledge about it.

Kevin77

legendary

Activity: 1652

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Quote from: gabbie2010 on July 14, 2017, 02:34:24 AM

make a research around your community or town and look for a fast selling services or products and make a business plan thereafter exchange your bitcoin to fiat currency and start your business you should also ensure keeping good record of business so that the business can thrive.

As per current trending bitcoin based business will be having huge rate of success in any part of the world. A small venture which is dealing with day today products but with both online as well physical customers may attract more customers by providing bitcoin payments along with discounts. Discounts will be possible all merchants as bitcoin payments are coming with less and one way process fee and tax free. These costs should be used to cover discounts for attracting customer base.

BitcoinPC

hero member

Activity: 812

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You could start a small or big business with bitcoin easily. Because bitcoin has no restriction to anyone, and everyone could join the bitcoin easily. But you should see which type business you want to start with bitcoin online or offline? And also see your country where you live and people have knowledge about bitcoin. But online you could do business easily because bitcoin has a huge world on online. But i think why you are not doing investment or altcoin trading it is just like business.

gabbie2010

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Activity: 2590

Merit: 322

SOL.BIOKRIPT.COM

make a research around your community or town and look for a fast selling services or products and make a business plan thereafter exchange your bitcoin to fiat currency and start your business you should also ensure keeping good record of business so that the business can thrive.

Karmakid

sr. member

Activity: 742

Merit: 397

Got some information, idea and learning for those who comment here thank you very much, i also searching how i can grow my bitcoins and find this topic/thread. I think my first option is to open a lending when my money back after the investment i do, foods store that accepting both bitcoin and fiat(caravan). I will work for the plan first then next make it happened.

Oralmat

hero member

Activity: 588

Merit: 500

I couldn't give you any idea about business with bitcoin, because it is depend on yours skills which skills you have it now and what kind of business you like it . Otherwise a huge ideas are here on relative with business in bitcoin. But if you have money than see in online sites and see market value, and if you have no money then start to earn from trading.

stickynote

newbie

Activity: 36

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Quote from: Frank0209 on July 05, 2017, 08:57:04 AM

Before start I think you should find out the idea about what kind of bussiness will you create and after found the idea you should take a research about the market.

i agree you should know your hobby or passion so that it will be easy for you to manage your business and reseach a lot about the business you are planning to enter, especially if there is a problem that may came so that you can easily manage or handle it.

Smarty14392

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Activity: 560

Merit: 286

I am starting the same with bitcoins. I got a great idea about investing bitcoins to multiply them in about a year. But the all we need is a plenty of bitcoins. If you have 5+ bitcoins you can also look forward. You can setup your own mining farm with a plenty of good miners. Im looking forward to purchase some 3-4 Antmimer L3+ for now and i will eventually imcrease my mining farm. If you dont have enough funds, you can look for some good investors to invest in your business.

ct66

newbie

Activity: 14

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Well you can always open an online btc exchange site,selling btc for real money and + the fee you charge.maybe its risky but its worth it i think Cheesy

Leickens

newbie

Activity: 28

Merit: 0

Truly, the world has turned to business, especially the online business. This time around,the only online business which I could advice anyone to engage is the bitcoin, it only has to do with mining and keeping of your BTC into your wallet. I rather stay conveniently mining bitcoin than starting another kind of business with my bitcoin gathered.

Monnt

legendary

Activity: 938

Merit: 1002

Quote from: Frank0209 on July 05, 2017, 08:57:04 AM

Before start I think you should find out the idea about what kind of bussiness will you create and after found the idea you should take a research about the market.

Making an online shopping website is a good business to increase bitcoins. This can be a good start to a successful business. You don’t have to open full shopping mall online you can start with items of one category only and build from there. Accepting bitcoins as your payments can really increase your profit margins.

Other than that bitcoin has many good APIs to help you develop this kind of website that many other online payment system don’t have. There are other ideas also like mining but that’s totally your choice to have.

johnwest

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OP never returned to this thread after asking the question.?
BTC may not be beneficial for every type of business. So think about it before starting something. It would have been better if the OP should have explained more about what kind of business he/she want to start.

Victorycoin

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Activity: 1134

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Quote from: sotoshihero on July 06, 2017, 12:38:51 AM

Quote from: stickynote on July 05, 2017, 11:36:19 PM

Quote from: pradeep1407 on March 09, 2017, 05:02:06 AM

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

Before you could start a business,think what kind of business you want enter. Research about the business especially if you are starter.Do not always think of its positive effect of the business you must consider its negative side so that when problem comes you are ready and equipt to handle it.

I think the first question is : What is your passion? It is hard to start a business that you do not know about it or passion with it. Though you can learn it but its good if you have already idea about the business you are going to enter. Also, if you have enough money, why not get a franchise instead.

That's supposed to be the first step forward, because every business has its secret and you don't get anywhere without first mastering those secrets. The reason passion has a very vital role to play is your choice of business is that thing don't always move as planned or in a straight line. Passion for whatever you find yourself doing will turn out the driving force at those times that almost every seems not to be in favor of the business.

onrise

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Quote from: sotoshihero on July 06, 2017, 12:38:51 AM

Quote from: stickynote on July 05, 2017, 11:36:19 PM

Quote from: pradeep1407 on March 09, 2017, 05:02:06 AM

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

Before you could start a business,think what kind of business you want enter. Research about the business especially if you are starter.Do not always think of its positive effect of the business you must consider its negative side so that when problem comes you are ready and equipt to handle it.

I think the first question is : What is your passion? It is hard to start a business that you do not know about it or passion with it. Though you can learn it but its good if you have already idea about the business you are going to enter. Also, if you have enough money, why not get a franchise instead.

Unfortunately OP is not being active from last 45 days approx. So well anyone which had similar questions or related to it so its a nice thread for all of them to share and learn. Well yes Passion is the first thing followed by the capital requirement and manpower . Skills which one has it and one needs to be learnt also need to be identified.

sotoshihero

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Activity: 850

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Quote from: stickynote on July 05, 2017, 11:36:19 PM

Quote from: pradeep1407 on March 09, 2017, 05:02:06 AM

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

Before you could start a business,think what kind of business you want enter. Research about the business especially if you are starter.Do not always think of its positive effect of the business you must consider its negative side so that when problem comes you are ready and equipt to handle it.

I think the first question is : What is your passion? It is hard to start a business that you do not know about it or passion with it. Though you can learn it but its good if you have already idea about the business you are going to enter. Also, if you have enough money, why not get a franchise instead.

Topic: Looking To Start A Small Business With Bitcoin - page 11. (Read 18986 times)