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Business Idea

Old 01-09-2017, 09:10 AM
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Hey,
I'm 16 and want to start a business. I have no idea what i want to do. I have a small warehouse where I recently built my second Jon boat. I want to start a business that I could build something. I was thinking fishing lures but the market is flooded any ideas.
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Old 01-09-2017, 09:32 AM
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Find something you LOVE or that you have PASSION doing and do it. You will come up with something.
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Old 01-09-2017, 09:39 AM
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Finish school, get a job doing something you might enjoy and learn some basic business / customer service skills. Find something that interests you that you might be able to make money doing and try and start growing your idea in your spare time after work and on weekends.
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Old 01-09-2017, 09:46 AM
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At your age, start the lures and try to sell them locally. Even if it fails you were learn much for your next attempt. And the next.......and the one after that.....

Main thing is don't be afraid to fail - see Tommy Edison's quote - and don't listen to those who say you shouldn't because they will be right. Successful people succeed despite not because of outside factors.
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Old 01-09-2017, 09:47 AM
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Why do you want to start a business? Answer that question first.
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Old 01-09-2017, 10:20 AM
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Originally Posted by David B. View Post
At your age, start the lures and try to sell them locally. Even if it fails you were learn much for your next attempt. And the next.......and the one after that.....

Main thing is don't be afraid to fail - see Tommy Edison's quote - and don't listen to those who say you shouldn't because they will be right. Successful people succeed despite not because of outside factors.
The lure business is flooded and u need something unique
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Old 01-09-2017, 10:26 AM
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Second jon boat?

I think you have found your business right there. Purchase old/worn/beat up jon boats then repair and sell them. Repeat process.

I would like to add:

When I was 13 my older brother (15) and I started our first business. It was polishing aluminum on semi-tractors - very very labor intensive. My dad is in the industry and knew several guys with 1-5 trucks. They were used to paying big dollars for each truck. We had a big leg up on the competition - the value of TIME. We could undercut the competition by 100's of dollars because I was happy as hell making $300 (each) for a 14 hour Saturday - market rate would have been over $1k easy.

You can do the same to gain an advantage.
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Old 01-09-2017, 10:27 AM
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What?
No Ronnie Milsap video?
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Old 01-09-2017, 10:48 AM
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How about building treated picnic tables, porch swings, hanging beds and such.
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Old 01-09-2017, 11:02 AM
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Where are you located. That will effect the products in demand. The first thing to look at with any business is what is the current market you can reach. If your items can be shipped then you can reach a larger market. If not then you need to find something your local town has a need or want for.
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Old 01-09-2017, 12:12 PM
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Originally Posted by SouthernEER View Post
Second jon boat?

I think you have found your business right there. Purchase old/worn/beat up jon boats then repair and sell them. Repeat process.




Without knowing anything more about you than your first post, this is quite obvious. At just 16yo, you already have more experience in building jon boats than 95% of the rest of us.

Are you any good at it? Why not post up some pics of your first two jon boats and let us take a critical look at them.

BTW, the best advice I can give you about starting up a business at your age? It's okay to fail. If this first enterprise fails, you will learn invaluable lessons that will guide you forever.

I started up my first biz in high school. Know what I learned? Laziness will not make me rich. I needed a good product and the desire to get up off my lazy ass and sell it. I sold ZERO of them.

My work ethic and product list have grown and improved exponentially.

==>Rapi
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Old 01-09-2017, 12:33 PM
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Originally Posted by Tazza View Post
Hey,
I'm 16 and want to start a business. I have no idea what i want to do. I have a small warehouse where I recently built my second Jon boat. I want to start a business that I could build something. I was thinking fishing lures but the market is flooded any ideas.

LOL...you're 16, married, buying a $40k boat and starting a business?

http://www.thehulltruth.com/boating-...ml#post9839410

Business owners typically need transportation, do you drive yet?
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Old 01-09-2017, 12:48 PM
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Originally Posted by Ocean Dog View Post
LOL...you're 16, married, buying a $40k boat and starting a business?

http://www.thehulltruth.com/boating-...ml#post9839410

Business owners typically need transportation, do you drive yet?
ok so we now know he is located in Arkansas, Alabama or Mississippi that narrows it down
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Old 01-09-2017, 12:51 PM
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Originally Posted by Ocean Dog View Post
LOL...you're 16, married, buying a $40k boat and starting a business?

http://www.thehulltruth.com/boating-...ml#post9839410

Business owners typically need transportation, do you drive yet?
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Old 01-09-2017, 12:51 PM
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Start out with something simple, until you have a good grasp of time and materials for the dollars gained. A friend of mine built flower boxes when he was in his late teens, and actually did pretty well with it. These were the under window boxes, which he would custom cut to size, do dovetail joints etc, but would also do some minor design work on, paint to match the house, etc then install- basically do everything but plant the flowers. It was a nice side business while he was in school. He's now a finish carpenter by trade. (Tip #1.....Stay in school)
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Old 01-09-2017, 01:06 PM
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Originally Posted by Ocean Dog View Post
LOL...you're 16, married, buying a $40k boat and starting a business?

http://www.thehulltruth.com/boating-...ml#post9839410

Business owners typically need transportation, do you drive yet?
Wow, this thread should go far
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Old 01-09-2017, 02:05 PM
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Originally Posted by Ocean Dog View Post
LOL...you're 16, married, buying a $40k boat and starting a business?

http://www.thehulltruth.com/boating-...ml#post9839410

Business owners typically need transportation, do you drive yet?
I share this account
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Old 01-09-2017, 02:06 PM
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Originally Posted by Rapi View Post




Without knowing anything more about you than your first post, this is quite obvious. At just 16yo, you already have more experience in building jon boats than 95% of the rest of us.

Are you any good at it? Why not post up some pics of your first two jon boats and let us take a critical look at them.

BTW, the best advice I can give you about starting up a business at your age? It's okay to fail. If this first enterprise fails, you will learn invaluable lessons that will guide you forever.

I started up my first biz in high school. Know what I learned? Laziness will not make me rich. I needed a good product and the desire to get up off my lazy ass and sell it. I sold ZERO of them.

My work ethic and product list have grown and improved exponentially.

==>Rapi
No one wants to buy wood jon boats like I build and a mold is thousands of dollars.
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Old 01-09-2017, 03:38 PM
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Originally Posted by Tazza View Post
I share this account
How are you going to run a business if you're either too lazy or ummm.. not knowledgeable enough to start an account on a boating forum?
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Old 01-09-2017, 04:09 PM
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Originally Posted by sharktripper View Post
How are you going to run a business if you're either too lazy or ummm.. not knowledgeable enough to start an account on a boating forum?
I share a computer with my dad. He made the one post asking about a boat and from now on it is my account. This also has my only email on it.
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