Monday, 1 June 2009

If I had 1/40th of $1,000,000


The following question was posed on FuelMyBlog:

If I were loaned $25,000 today by social lending network, such as, pertuitydirect.com/, what type of online or offline business would I launch?

I'm thinking, an offline business for sure. I don't have the head anymore to keep up with techno junkie business programmers. I'm happy just being an above average, highly educated, power user. $25,000 is not exactly enough to open the dream business I have been planning, it wouldn't even be a good start. So I won't even go there. Instead, let's start from my current situation.

The money would be enough to fill my tool boxes, get me a cheap truck/cube van and a little bit of advertising. The core of the business would be custom welding and constuction but in reality it would encompass all aspects of renovation (indoor and out), and specialty custom construction. Everything from computer automated greenhouses to off-grid subterrain automated irrigation systems for hobby farms or permaculture gardens. I'd love to install windmills and stuff. But that business isn't really a niche in the Hastings/Prince Edward region. Sure I might get a couple jobs, but then the interest would peter out. There are too many people offering some of what I do, who are either smiths or jacks. I couldn't compete with the larger millionaire home builders who could throw in pretty much most of what I could offer with every house they build and sell.

Another idea would be to start my own farm. My own VERTICAL FARM that is. http://www.verticalfarm.com/ is an awesome project that currently is focused on humongous 80 story buildings providing fresh produce, green electricity and clean water for 40,000 residents of metropolis sized cities. I'd do something a little smaller scale, like a local business. Maybe an eight story hydroponic greenhouse providing fresh, naturally ripened fruits and vegetables that can not normally be found within a thousand miles or more of Eastern Ontario. Can you imagine picking bananas or dragon fruit from a tree that couldn't possibly survive our harsh Ontario winters and at prices even the discount grocer's couldn't come near matching. No fears about ripening produce on trucks for weeks on end, or what gasses they use to force ripen some fruits; and available all year round!!!

The first option is more viable, 25 Grand would set me up nice as a jack of all, but I'd have far too many competitors with stronger reputations than mine. It would also only be a pittance if I started my own mini vertical farm. However, it could make me a major shareholder if I brought in investors. I can't imagine intelligent local investors NOT wanting to be associated with such a heroic venture.

Anyway, my thoughts.
--
Friar Greg
Belleville Ontario
friar.gregarious@gmail.com
http://friargreg.blogspot.com

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