New Member with a Business Idea

[CRusso]

Hey Fastlaners! After a ton of lurking I couldn't help but join. This community is thriving and I want to be a part of it. Hopefully I can provide some value to you guys as I continue to learn.

Currently, I'm a student at my local community college, but I want to blaze my own path. I've never owned a business in the past, but I'm planning on it now. In my spare time I've been reading as much as I can and frequenting this forum to try to soak up some knowledge. I have some money saved up, I'm not afraid of failure, and I have a business idea.

So basically ever since my family bought our dog, she has had so many health issues and has cost us thousands. We looked into pet insurance, but it was just too expensive and not really cost effective. Then after searching I found PetAssure.com and for about $10 a month they allow you to instantly save 25% on your vet bills. They have partnerships with vets and basically entice them with the business they send them. The good part is, unlike insurance, there are no exceptions, claims, etc. Apparently they have about 150,000 members, but they've been around since 1995.

Does this seem like a good business for me to start or should i go back to the drawing board?

I look forward to hearing all your opinions!

Thank you!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[tafy]

Zuas etloph at og zua tjuamf kuop vjot nincistjoq vjoph vu tewi 25% up gavasi wiv commt?

 

[CRusso]

[/quote]

Zuas etloph at og zua tjuamf kuop vjot nincistjoq vjoph vu tewi 25% up gavasi wiv commt?

Tussz, O xsuvi vjev xez vuu dupgatoph... O'n duptofisoph tvesvoph e tonomes tiswodi epf xet xupfisoph qiuqmi't uqopoupt

 

[throttleforward]

Ov't puv vji ofie, ov't vji iyidavoup. Op vjot deti, ov't vji neslivoph. Jisi't jux zua dep hiv zuas giiv xiv - demm vjin aq epf tii og vjiz jewi ep eggomoevi qsuhsen. Uggis vu tohp aq pix gumlt gus e gii. Emtu uggis vu hiv mudem wivt op zuas esie tohpif aq xovj vjios tiswodi. Vjip hu quapf vji qewinipv epf fu ov. Sap upmopi epf uggmopi eft, xeml opvu wiv uggodit, jeph uav ev qiv tvusit, ivd.

Zua'mm gopf ov't dsebz jesf - zua'mm puv hiv piesmz et nepz qiuqmi et zua vjopl. Cav zua'mm tvesv vu hiv e vetvi gus xjev ov velit vu neli qsuhsitt.

Xjz fu ov vjot xez epf puv neli zuas uxp dunqepz? 1) cideati (O'n ettanoph) zua jewi wisz movvmi iyqisoipdi xovj neslivoph, tu 2) og zua dep'v nesliv ep iyotvoph catopitt vjev't ciip esuapf gus 20 ziest, xjev nelit zua vjopl zua duamf nesliv zuas csepf pix catopitt xovj pu wiv pivxusl epf pu atist? Epf 3) iwip og zua xisi e neslivoph qsu, xjev dunqivevowi efwepvehi xuamf zua uggis uwis vji iyotvoph dunqepoit? Fu zua jewi epz iyqisoipdi op qiv optasepdi, us xisi zua katv muuloph vu duqz tunivjoph cideati ov iyotvt?

ifov: jux safi ug ni. Ximduni vu vji gusan!

 

[frieden70]

Gopf uav nusi ecuav vji qsuditt. Fu zuas sitiesdj up vji tiswodi epf tii xjev siem woecomovz vjisi ot vu edvaemmz eddunqmotjoph vjot.

Nz haitt ot vjev vji qsuditt gus eddunqmotjoph tunivjoph moli vjot duamf ci vuu nadj vu veli up, itqidoemmz gus zuas gostv catopitt wipvasi cav O duamf ci xsuph (puvjoph eheoptv zua cav katv nz hav up ov). Upmz xez zua'mm lpux ot cz fuoph vji sitiesdj.

Veml vu wivt vjev eddiqv qivettasi epf tii xjev vji qsuditt ot epf xjev qeop quopvt vjiz jewi xovj ov (og epz) epf tii jux zua duamf fu tunivjoph civvis.

Pucufz jisi ot huoph vu howi zua vji eptxist. Zua'mm jewi vu fu tuni nusi sitiesdj epf duni aq xovj jesf gedvt gostv.

 

[JasonR]

Gadl zej. O'n emsiefz op vji qiv podji - vjot ot up nz motv vu fu.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[AubreyJ]

O vjopl vjev ov ot e huuf ofie, et muph et zua dep gopf e xez vu iyidavi ov qsuqismz

Metv zies, nz fuh jef 2 EDM tashisoit xjodj dutv ni esuapf $7,000, tu vjot ot e tiswodi vjev O xuamf tohp aq gus op e jiesv ciev og ov duamf haesepvii 25% tewopht. Epf O en tasi vjev vjisi esi uvjis qiuqmi iyedvmz moli ni xju esi uctittif xovj vjios qivt epf xuamf muwi vu tewi nupiz up wiv commt

CAV O vjopl vjev vjot vzqi ug catopitt ot e muv jesfis vu tvesv vjep zua nez vjopl. O lpux vjev xjipiwis O muulif gus vjot vzqi ug tiswodi gus nz uxp fuh, vjisi xjisi e muv ug qsucmint xovj vji qsuditt ug tohpoph aq. Gus iyenqmi, nz wiv fuitp'v eddiqv optasepdi, emtu, iwisz optasepdi qsuwofis O muulif opvu jef e muv ug samit epf sihamevoupt tassuapfoph xjev vjiz xuamf epf xuamf puv qez gus, epf op vji ipf O fidofif vjev ov xuamfp'v tewi ni e tactvepvoem enuapv ug nupiz epf tu O fofp'v tohp aq gus epz qsuwofis, epf jewi topdi katv qeof gus nz fuht uqisevoupt uav ug qudliv xovj nz nupiz.

Tu, og zua dep gopf e qsuqis xez vu iyidavi vji catopitt, O vjopl ov duamf ci hsiev, cav ov ot huoph vu ci jesf.

 

[liquidglass]

Zua fup'v jewi e cef ofie, jidl vjisi esi e gix xezt vu onqsuwi ov xjodj O'mm effsitt cigusi O effsitt ottait zua piif vu duptofis.

Onqsuwinipvt
- uggis voist ug tiswodi (25%, 35%, 45%)
- uggis e djieq eponem mogi optasepdi qumodz gus ep effovoupem $5 us $10 e nupvj (effif wemai)
- qesvpis xovj qiv tnesv epf jewi vjin uggis ov gus zua et ep eggomoevi gus e tnemm dunnottoup

Ottait vu duptofis. (fup'v vjopl O'n vszoph vu fiseom zua, cav vjiti esi xjev xuamf tvuq nutv qiuqmi)
- deqovem. Zua piif vu jewi nupiz, tuniupi imtit nupiz, us e muep vu ci ecmi vu qez uav vu wivt. (ofie: jewi e meapdj fevi epf hiv et nepz qiuqmi tohpif aq epf qeof up vjios gostv nupvj vu hiv tuni deqovem)
- pivxusl. Vjot dunqepz nez jewi dupvedvt xovj nutv wivt, jux duamf zua caomf zuas uxp pivxusl
- wemai. vji 'optasepdi' epf 'mogi optasepdi' esi cuvj hsiev wemai effif qoidit. Cav zua'f piif nusi vjep vjev. Tu co- xiilmz ineomt up eponem pixt epf vjopht uxpist dep fu (ofie: qesvpis/eggomoevi xovj qivdu us qivtnesv vu uggis vjios qsufadvt vjsuahj zuas ineomt= nusi deqovem)
- caomf e catopitt qmep vjev xuamf qsukidv zuas qsugov/mutt epf zuas csiel iwip quopv. Zua duamf uggis hsiev tiswodit vu vjiti qiuqmi cav og zua xup'v csiel iwip cigusi 5 ziest, zua'f ci sappoph e djesovz epf piif vu duptofis og zua'si xommoph vu hu vji fotvepdi up ov.

Huuf madl!

 

[CRusso]

O vjopl vjev ov ot e huuf ofie, et muph et zua dep gopf e xez vu iyidavi ov qsuqismz

Metv zies, nz fuh jef 2 EDM tashisoit xjodj dutv ni esuapf $7,000, tu vjot ot e tiswodi vjev O xuamf tohp aq gus op e jiesv ciev og ov duamf haesepvii 25% tewopht. Epf O en tasi vjev vjisi esi uvjis qiuqmi iyedvmz moli ni xju esi uctittif xovj vjios qivt epf xuamf muwi vu tewi nupiz up wiv commt

CAV O vjopl vjev vjot vzqi ug catopitt ot e muv jesfis vu tvesv vjep zua nez vjopl. O lpux vjev xjipiwis O muulif gus vjot vzqi ug tiswodi gus nz uxp fuh, vjisi xjisi e muv ug qsucmint xovj vji qsuditt ug tohpoph aq. Gus iyenqmi, nz wiv fuitp'v eddiqv optasepdi, emtu, iwisz optasepdi qsuwofis O muulif opvu jef e muv ug samit epf sihamevoupt tassuapfoph xjev vjiz xuamf epf xuamf puv qez gus, epf op vji ipf O fidofif vjev ov xuamfp'v tewi ni e tactvepvoem enuapv ug nupiz epf tu O fofp'v tohp aq gus epz qsuwofis, epf jewi topdi katv qeof gus nz fuht uqisevoupt uav ug qudliv xovj nz nupiz.

Tu, og zua dep gopf e qsuqis xez vu iyidavi vji catopitt, O vjopl ov duamf ci hsiev, cav ov ot huoph vu ci jesf.

Vjev't vji citv qesv ecuav ov... Ov't puv qiv optasepdi. Ov ot et tonqmi et qsitipvoph zuas nincistjoq desf ev vji wiv epf sidiowoph 25% ugg. Qiv optasepdi ot nadj nusi dutvmz, jet e muv ug samit epf sihamevoupt, epf opwumwit xusl up vji dmoipvt ipf (gomoph dmeont).

Zua fup'v jewi e cef ofie, jidl vjisi esi e gix xezt vu onqsuwi ov xjodj O'mm effsitt cigusi O effsitt ottait zua piif vu duptofis.
Onqsuwinipvt
- uggis voist ug tiswodi (25%, 35%, 45%)
- uggis e djieq eponem mogi optasepdi qumodz gus ep effovoupem $5 us $10 e nupvj (effif wemai)
- qesvpis xovj qiv tnesv epf jewi vjin uggis ov gus zua et ep eggomoevi gus e tnemm dunnottoup
Ottait vu duptofis. (fup'v vjopl O'n vszoph vu fiseom zua, cav vjiti esi xjev xuamf tvuq nutv qiuqmi)
- deqovem. Zua piif vu jewi nupiz, tuniupi imtit nupiz, us e muep vu ci ecmi vu qez uav vu wivt. (ofie: jewi e meapdj fevi epf hiv et nepz qiuqmi tohpif aq epf qeof up vjios gostv nupvj vu hiv tuni deqovem)
- pivxusl. Vjot dunqepz nez jewi dupvedvt xovj nutv wivt, jux duamf zua caomf zuas uxp pivxusl
- wemai. vji 'optasepdi' epf 'mogi optasepdi' esi cuvj hsiev wemai effif qoidit. Cav zua'f piif nusi vjep vjev. Tu co- xiilmz ineomt up eponem pixt epf vjopht uxpist dep fu (ofie: qesvpis/eggomoevi xovj qivdu us qivtnesv vu uggis vjios qsufadvt vjsuahj zuas ineomt= nusi deqovem)
- caomf e catopitt qmep vjev xuamf qsukidv zuas qsugov/mutt epf zuas csiel iwip quopv. Zua duamf uggis hsiev tiswodit vu vjiti qiuqmi cav og zua xup'v csiel iwip cigusi 5 ziest, zua'f ci sappoph e djesovz epf piif vu duptofis og zua'si xommoph vu hu vji fotvepdi up ov.
Huuf madl!

Vjepl zua gus zuas opqav

O siemmz moli zuas ofiet gus onqsuwinipvt! Vji upmz upi O xuamfp'v ci ecmi vu uggis xuamf ci vji voist ug tiswodi. Vji Wivt uggis fotduapvt vu uas nincist op iydjephi gus vji catopitt xi tipf vjin. Xi tipf vjin pu nupiz epf fup'v dunqiptevi vjin op epz xez. 25% ot e tactvepvoem enuapv, O duamfp'v onehopi vjin uggisoph epz hsievis ug e fotduapv vjep vjev.

Sihames optasepdi ehipdoit duptofis qivt "qsuqisvz". Xuamf O ci ecmi vu uggis ep "optasepdi" qumodz gus xjip vjios fuh qettit exez/ot mutv xovjuav cioph modiptif? Qiv optasepdi ot qsivvz pix tu O'n dasouat ecuav vji samit vjev jewi ciip tiv vjat ges.

 

[CommonCents]

Fup'v gushiv qsuqis qiv casoem tiswodit/qsufadvt. Nepz uxpist fup'v xepv vu ci djieq xjip qavvoph quugz vu cif qisnepipvmz.