The £100 challenge – start a business

[HandsomeBob]

Frimley111R said:

Looks great. Where did you get your customers from?

Before Gumtree could catch onto me, I would open up approx 80 web tab's, copy and pasted into every tab as a 'new ad' and within 2mins I would submit them all so it flooded every region of the UK, Gumtree would remove them 4 days later but by then I would have had about 100 calls and about 60 orders lol. Slightly more tricky now hence my other post re marketing/advertising etc.

[bmthnick1981]

HandsomeBob said:

Before Gumtree could catch onto me, I would open up approx 80 web tab's, copy and pasted into every tab as a 'new ad' and within 2mins I would submit them all so it flooded every region of the UK, Gumtree would remove them 4 days later but by then I would have had about 100 calls and about 60 orders lol. Slightly more tricky now hence my other post re marketing/advertising etc.

Brilliant!

[Shrimper]

So just a month in and how is everyone getting on?

Been a slow couple of weeks for me with hardly anything happening but still showing a profit of £175

[HurricaneVader]

Too late to join in?

Already have my idea.
Gonna buy a set of Alloy Wheels and do a DelBoy.

Also I'm in euros so let's call it 125 starting off.

Edited by HurricaneVader on Monday 5th November 01:43

[Hoofy]

You're more than welcome to join.

My turnover is very slow (as expected). I need to put up more videos. Trying to think of actually interesting ones as the scatter gun approach isn't going to get subscribers.

[valverguy]

a question to people using ebay to sell, did you start a new account or use an existing one? surely having a feedback rich account already is an advantage and unfair?

[Frimley111R]

valverguy said:

a question to people using ebay to sell, did you start a new account or use an existing one? surely having a feedback rich account already is an advantage and unfair?

Well yes, it will give some eBay users an advantange but we're not going to get too serious about this. People will use their own skills and non-financial resources at their disposal anyway.

[poprock]

Launched our club night on Friday. Olberj came along (cheers fella - good to see you, even briefly). A modest start, but we made enough to actually pay the band (which wasn’t essential—they were up for playing free as a favour) and still walked away a whole five quid up.

Sounds poor, but I honestly wouldn’t expect to even break even for the first two/three months of a new club night. I’d expect to make losses at first and count it as building towards eventual profit months down the line. So this isn’t bad at all!

Progress then is:

Initial investment:
£100

Out:
£50 venue hire deposit
£50 promo

In:
£305 door takings

Out:
£50 balance of venue hire
£100 paying the band
£50 venue hire for December in advance (half price due to venue’s admin fk-up)

Balance:
£5

Now we wait and see whether word of mouth from the first night pushes numbers up for the second. (And help that along with online promotion, a bit of press coverage and some good old fashioned legwork.)

Edited by poprock on Tuesday 6th November 17:03

Edited by poprock on Tuesday 6th November 17:06

[jammy_basturd]

Hate to break it to you, but if you've paid for December's venue in advance, then you're actually £45 down as a balance.

[poprock]

Ha! Sorry, post-writing error on my part. I walked away with a fiver in my pocket, which means the door takings were £305. I’ll edit accordingly.

[spikeyhead]

Isn't the balance £105? if you include the initial £100

[poprock]

I started with £100, now I have £105. Count it as up balance or as profit, doesn't matter I suppose.

More importantly, I now have a bunch of people doing my promotion for free by telling friends how much they enjoyed the night.

[DEANO87]

HandsomeBob said:

set up www.selfwrap.com 2 months ago

Are you connected with Valet Magic at all or are you just stealing their photos of the Orange Aston Martin?

[spikeyhead]

I've just shelled out £25.92 on a thingy from a salvage auction. I'll post details once it's been ebay'd.

[valet magic]

DEANO87 said:

HandsomeBob said:

set up www.selfwrap.com 2 months ago

Are you connected with Valet Magic at all or are you just stealing their photos of the Orange Aston Martin?

Thankyou for the heads up Dean.
Self wrap are not connected to me in anyway shape or form they are just another company using our pictures to self promote.
It seems they have removed them from there site after me leaving a voice,ail for them and also seems he has deleted all his previous comments in this topic.

Robbie
www.valetmagic.com

[HandsomeBob]

valet magic said:

DEANO87 said:

HandsomeBob said:

set up www.selfwrap.com 2 months ago

Are you connected with Valet Magic at all or are you just stealing their photos of the Orange Aston Martin?

Thankyou for the heads up Dean.
Self wrap are not connected to me in anyway shape or form they are just another company using our pictures to self promote.
It seems they have removed them from there site after me leaving a voice,ail for them and also seems he has deleted all his previous comments in this topic.

Robbie
www.valetmagic.com

Hi Robbie,

A colleague of mine tried returning your call/voicemail yesterday but had no such luck and I did again approximately 30 minutes ago . I'd like to publicly say that I hold my hands up and apologise deeply for using your vantage images, it was completely inappropriate and I should have known better. Unfortunately this will only reflect onto our products and services, however it is far from how we conduct ourselves, we are a professional company and are extremely honest with our services and products we offer.

Again, I am very sorry for this mishaps and A)ensure it will not happen again and B)all our other information, images and details on our site are not misrepresented.

Unfortunately I cannot apologise face to face but please call when you do have a spare moment so I can apologise voice to voice.

Thank you.

Regards,
Bob

[HandsomeBob]

p.s: no previous posts were deleted by myself

[WetPaint]

Bugger the cinema. Too much red tape and frankly, the places I can afford to hire would make the viewing experience worse than it would be at home, which defeats the object entirely.

I have had a slightly obscure secondary idea which is so random, it might just work. Very niche though.

Also a secret. Shhhh.

note: I never used any of my £100, so the whole budget is still there.

Impressed by the importing car parts profit margins, good work!

[bishbash]

My web app/site is coming on pretty well and I'd say I'm way ahead of schedule, but baby number 2 is now 12 days overdue, so I think my free development time is going to be non-existent soon.

[extraT]

quick and dirty update:

For those who may have missed it I am offering Private/Commercial English lessons in Austria.

Currently making around £600-650 per month. Really hoping to double this so I can turn it into a main source of income- which i'm hoping will not be too difficult to do! (famous last words!). Fortunately you only have to register as a company if you are making more then £350 per week- something which I want to do in the next 2/3 months.