Results 1 to 9 of 9

Thread: What to do with R100000

  1. #1
    Junior Member
    Join Date
    Oct 2008
    Location
    Cape Town
    Posts
    10
    Thanks
    0
    Thanked 1 Time in 1 Post

    What to do with R100000

    Hi! I know its not a lot of moola, but what can i do with R100000 cash? I Really wanna start a business, but im really confused as to what industry to go into. Any ideas...?

    Any help/response would be highly appreciated! THANX

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    21,189
    Thanks
    3,075
    Thanked 2,475 Times in 2,079 Posts
    Blog Entries
    12
    What are your skills?
    What are your strengths and weaknesses?
    Would you need a salary out of the business (ie - are you currently employed)?
    The trouble with opportunity is it normally comes dressed up as work.

    Alcocks Electrical Services | Alcocks Pest Control & Entomological Services

  3. #3
    Junior Member
    Join Date
    Oct 2008
    Location
    Cape Town
    Posts
    10
    Thanks
    0
    Thanked 1 Time in 1 Post
    Yes i am currently employed in the construction business (co-owner). However i wanna get out as i do not see a future with my current partner. So i have saved up for the last two years and wanna go out on my own. I understand that the answer to my question can have a variety of answers. Thats just the problem! Im struggling to find the ONE thing to put my money into, too many ideas, not one final decision!

  4. #4
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    21,189
    Thanks
    3,075
    Thanked 2,475 Times in 2,079 Posts
    Blog Entries
    12
    Beware the paralysis of analysis.

    There comes a point where you just have to commit. It can be quite a leap of faith though, no matter how good your research.
    The trouble with opportunity is it normally comes dressed up as work.

    Alcocks Electrical Services | Alcocks Pest Control & Entomological Services

  5. Thanks given for this post:

    Electrode (31-Jan-18)

  6. #5
    Bronze Member
    Join Date
    Jan 2007
    Location
    Cape Town
    Posts
    118
    Thanks
    11
    Thanked 8 Times in 7 Posts
    To make the right decision is not always that easy and what your heart tells you and what your mind tells you are in may instances completely different.
    What I would like to suggest is that you seek advice before you decide. There are millions you can do, but which is the right one to tackle.
    I sent you a private mail and you are welcome to chat to me. I might be able to assist you with this.
    Faan

  7. #6
    Silver Member
    Join Date
    Sep 2008
    Location
    Cape Town
    Posts
    466
    Thanks
    81
    Thanked 69 Times in 62 Posts
    hmmm, stay with your job and wait a couple of weeks and put it in some nice shares, psg, sab, a supermarket or two, suger, mtn or vodacom, maybe a little in a bank, fnb or absa

    unless you have a good business plan, you'll be playing with your money...why not keep the day job and risk a little?

  8. #7
    Junior Member
    Join Date
    Oct 2008
    Location
    Cape Town
    Posts
    10
    Thanks
    0
    Thanked 1 Time in 1 Post
    Thanx for the input. Was thinking about investments, but got sum money invested in shares already. Really wanna make money with this money, if you kno what i mean. I kno this is difficult so i appreciate the input. Thanx to faan.

  9. #8
    New Member
    Join Date
    Jan 2018
    Location
    KZN
    Posts
    2
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Hi,

    I am looking for a business partner or an equity business loan, I would like to purchase franchise license, they need R800 000.00,

    Can you be interested in investing in my business while you go on with your job?

  10. #9
    Platinum Member AmithS's Avatar
    Join Date
    Oct 2008
    Location
    South Africa
    Posts
    1,047
    Thanks
    163
    Thanked 57 Times in 53 Posts
    Maybe look at specialising in one area of the construction market that you really good at as you already have the skills and you in the industry...

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •