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First, I'd like to say I highly appreciate your post, it was rather informative. This is what I love about HN! 1.I've always read, and have been interested in investing in the markets,(I read financial news daily) however, I know no one in my environment that would have knowledge of these topics or anyone that would provide me any insight. I know investing in some stocks won't make me much, I'm not delusional and I know how much prices generally fluctuate. I've tried finding classes in my college but there aren't I know. I also don't know anyone who deals with anything related to computers, software, websites, or anything technology related. I wish someone would let me in and show me what they do so I have an idea of how businesses operate on the internet. 2. Makes sense, deal in something you are interested in. but I am not planning to sell to retailers but people who will directly use my product(other businesses). The product that I have in mind is non-perishable, and in demand daily, the type of competition is closest to a monopolistic competition, probably somewhere in between perfect competition and monopolistic, so entry and exist is not very difficult. Profit should probably be low though, until I have "relationships" with the people I'm selling to. The most important thing to them is price however. I can talk more in detail if you provide an email. :) 4. Hmm, you're right. I am unable to do any such thing. 5. No I'm not doing any shipping. If I knew how to operate a site I would. It would open up a lot of possibilities. 6. Not considerable in any sense for any of you. |