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What to do with a brick & mortar office?

by joshfinch
3 replies
Warriors,

I've finally decided to start posting here. I recently had a minor setback and need some advice.

I have a premises that I'm sat on for 3 more months, and want to use it for something other than hiding my 20-a-day smoking habit from the missus. I've got around £250 in cash, that I've set aside from the business I'm trying to get running, to start a side-venture that will bring me in some extra cash.

I work on my primary business around 4 days out of 7 (One of which is normally a Saturday), but I'm looking for something to do for the rest of the week. I'm considering something that I can manage for two days and let run for the rest of the week, something along the lines of creating a commission-only sales team for a high-value product, I just need to find a high-value product I can move.

I have a load of experience in building sales teams thanks to my work as an assistance-manager in a Cydcor subsidiary office (Imagine the worst excesses of Glengarry Glen Ross, but with middle-aged blokes and graduates), and would be interested in seeing what those skills can do with high-value sales, rather than phone contracts, insurance and broadband.

What do you think, Warriors? Any good product ideas out there that have minimal setup costs? (Holy grail, right?)
#brick #brick and mortar #mortar #office #premises #startup
  • Profile picture of the author MartinPlatt
    Wouldn't you be better to build sales teams to sell existing products that are within your currently knowledge to start with?

    If we suggest ideas for you, that's going to mean starting from scratch, and quite probably taking a long time until you start earning.

    Is this drive to learn something new, or to make money to pay the rent? If it's the former, then perhaps give us some ideas of what you know about, or have experiences and skills in. I would suggest possibly creating a sales product, and selling it yourself if you have much experience in this area already, and are confident with it.
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    Martin Platt
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    • Profile picture of the author joshfinch
      This is a bit of a "Pay the rent" situation as my primary business won't start making money for another couple of months, so you're right about leveraging existing skills. Most of my background is IT, to quite a high level actually, but I'm not sure what types of work I could do that's going to bring in "Fat bank" that I can start doing immediately. A lot of my background has been in IT security, with a bit of penetration testing experience, but the market around this area is dead due to the lack of large businesses. (Small business can't really afford a £1000/mon security consulting package, and honestly don't need it) There are already a number of standard "Friendly local IT guys" around, so trying to get in on that would be a pain in the arse. It's a fairly rough market for people in my trade, so I am hoping to diversify a little bit.

      If I didn't have the primary business on the go I could easily do the marketing myself, but I've been working on developing it for a while so I don't really want to push it further back (As it's my planned long-term income), hence why I need either passive or external sales.
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      • Profile picture of the author Alex Mensah
        Originally Posted by joshfinch View Post

        This is a bit of a "Pay the rent" situation as my primary business won't start making money for another couple of months, so you're right about leveraging existing skills. Most of my background is IT, to quite a high level actually, but I'm not sure what types of work I could do that's going to bring in "Fat bank" that I can start doing immediately. A lot of my background has been in IT security, with a bit of penetration testing experience, but the market around this area is dead due to the lack of large businesses. (Small business can't really afford a £1000/mon security consulting package, and honestly don't need it) There are already a number of standard "Friendly local IT guys" around, so trying to get in on that would be a pain in the arse. It's a fairly rough market for people in my trade, so I am hoping to diversify a little bit.

        If I didn't have the primary business on the go I could easily do the marketing myself, but I've been working on developing it for a while so I don't really want to push it further back (As it's my planned long-term income), hence why I need either passive or external sales.
        if you have some cash to invest you could go to flippa.com and purchase a website that's already making money that could help with your cash flow until your main business kicks off. sometimes you can get pretty good deals that will offset your cost very quickly.
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