Buildenterprise’s Blog


Start a business for a fiver event review
December 20, 2008, 9:38 pm
Filed under: Uncategorized

Wow! a great turn out despite it being held outside of term time. Thanks to our speakers and all those who attended.

The event started with a talk on starting building a website for free. Si covered the technical side, Rich the design side and Me the money making side.

Next I introduced the concept of starting a business for a fiver. The idea being you spend £5 on getting a business off the ground and although starting a business for a fiver is unlikely to make you rich it will generate some cash and more importantly allow you to teach yourself a thing or two. Various possible tried and tested models were presented; the business card/service model; the ebay model; the creative skill model.

My own idea was from the creative skill model, my plan being to start selling branded canvases to build up some revenue for re-investment. I started with one canvas which cost £3.99 to make (paint and canvas) which I then sold for £10, allowing me to buy 4 more canvases to sell. I quickly sold 2 to friends giving me enough to buy a domainname and web hosting for a year. The plan now is to sell the other two and move the design onto t-shirts and sell them too. After which the website will be launched and I will concentrate on generating traffic to my site…

Lastly we heard a highly inspirational story form one of the www.copyfox.co.uk team about the time he another one of his team travelled Romania for a weekend spending no money. They met many colourful characters along the way, who despite the language barrier helped them survive the weekend. The trip was about surviving outside their comfort zone and I’m sure everyone will agree it was a highly inspirational story. I urge you all to try something similar…

The night then ended with the usually meal and once again everyone raved about the great food provided by Bohemia, big shout out to Ross, Andrew and Glen.  www.eatbohemia.co.uk

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