Guest Posted October 7, 2010 Report Share Posted October 7, 2010 Hi everybody, Im new in the VIPs and Im thinking of openning a company.. Is there a big risk of going into bankrupcy and loosing your VIP status couse i dont want any of that.. What company,in your opinion,is the best to open today? I dont have any starting money,so I will have to borrow it from the bank..Is that to risky? I know that running a company is not a joke so dont bother explaning me that. Thanks for your answers.. Quote Link to comment Share on other sites More sharing options...
MattyBlayze Posted October 7, 2010 Report Share Posted October 7, 2010 Hi everybody, Im new in the VIPs and Im thinking of openning a company.. Is there a big risk of going into bankrupcy and loosing your VIP status couse i dont want any of that.. What company,in your opinion,is the best to open today? I dont have any starting money,so I will have to borrow it from the bank..Is that to risky? I know that running a company is not a joke so dont bother explaning me that. Thanks for your answers.. There IS a big risk, and I suggest that for someone as relatively new to the game as you, that you wait until you build up more knowledge. You need contacts, you need money, etc., and there is no point is rushing into it and losing VIP. Quote Link to comment Share on other sites More sharing options...
Grasman Posted October 7, 2010 Report Share Posted October 7, 2010 A Gym is probably the best bet, unless you are excellent at Photoshop, Gimp, or similar progs, then a clothing store could be a good choice. Going into the nutrition business is a very difficult task, unless you have several hundreds of thousands of dollars to start off with. Starting an Org is only for those who have plenty of money and time, as far as i understand. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 7, 2010 Report Share Posted October 7, 2010 A cardio/sparring gym is the easiest to run from little or no start up money, that's the first business I ran. It did relatively well, you'll have to look into the gyms in whatever location you want to open up in though to see what kind of business is viable. Don't jump straight in, do your homework, especially if you need lots of money to get the business off the ground. If you do go ahead then make sure you keep a look out for tell tale signs if your business does not do as expected, that way, you can sort it out asap without losing your VIP. Whichever business you choose, read up on it and then ask for help if there are still things you are not sure of as there are loads of managers on here who will gladly help, providing you try and help yourself first. Having said that, most of the questions have already been asked so you should be able to find a topic or twop on any question that you need answering. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 7, 2010 Report Share Posted October 7, 2010 keep gaining money from fights until you have like 4000 to 5000 thousand in hand and then buy a well stabilished gym from a player who didn't renew his VIP. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 7, 2010 Report Share Posted October 7, 2010 I would not open a gym as a new player. The only gym you should even consider is a cardio gym. With these, there is minimal expense because you don't have to pay for coaches. A gym full of coaches is pretty expensive and people really don't make money on these types of gyms. A supplement company is definitely a don't. You need quite a bit of money to make a product someone would use and the 50k loan you can take is nowhere near enough. The supp market is also flooded with cheap, high quality supplements. An org is something you should wait on until you have a firm grasp on the game. Clothing may be ok... not really sure on that one, but seems that it would be a lot of work as far as design goes. So... if you feel the need to open a biz, make it a cardio gym and keep that until you know exactly what you want to do and exactly how you are going to do it. Good luck and welcome, Whirl Quote Link to comment Share on other sites More sharing options...
Guest Posted October 7, 2010 Report Share Posted October 7, 2010 my suspicions were true-to run a company is not an easy task..i was hoping to earn some money by doing this but i will have to fight for a while like somene wroted..i will definetly consider your answers in deciding what to do..thnx Quote Link to comment Share on other sites More sharing options...
Guest Posted October 7, 2010 Report Share Posted October 7, 2010 I do around 3k week with a 12coach gym, considering I want to keep it low cap... Quote Link to comment Share on other sites More sharing options...
mrj2020 Posted October 8, 2010 Report Share Posted October 8, 2010 get a gym opened up somewhere, imo there is always a demand for mid level gyms with elite coaches but at a lower price then $600 a week. Even better would be to open a gym that specialises in something ie bjj,wrestling etc. start off with a couple of coaches in that discipline and get yourself out there. look at the citys manager rakings and get pm'ing the rookies. Quote Link to comment Share on other sites More sharing options...
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