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Old 20-07-2007, 05:05 PM   #1 (permalink)
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Default What is lucrative business to go into now?

Now everyone is into business. Ask anyone, if they are not businessman, they are entrepreneurs or infopreneurs or technopreneurs!! What is a lucrative business to go into? Are you into any good business that does not cheat people but you are earning a handsome figure that can last you for 2 generations? What business is that? and how much do you need to spend to be in this line?
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Old 20-07-2007, 05:11 PM   #2 (permalink)
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Default Re: What is lucrative business to go into now?

hmmnn, you can try internet marketing as what many people are doing.It is still a largely untapped market compared to traditional brick and mortar market where are mostly saturated with small firms or dominated by big firms..

too bad i am not computer savvy,,,i am an accountant undergrad only.but if u need help in financial advise do look for me....i will try my best to help you.:biggrin4:
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Old 21-07-2007, 12:50 PM   #3 (permalink)
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Default Re: What is lucrative business to go into now?

None......There is no such thing as lucrative business.....because no what what business you are in to....if you dont like it and dont know how it works, you wont do well in it.

Take Internet Marketing for example....it may be the most lucrative, but if you dont know or dont like how it work, it wont make money for you.

The key in doing business is to provide as much value as possible so that people are willing to pay for that value.

Any business is lucrative as long as you can provide value in that sector or industry. Find something you like to do and build from there.


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Old 23-07-2007, 02:16 PM   #4 (permalink)
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Default Re: What is lucrative business to go into now?

something thats largely untapped..something new and young..pioneer you can say..something that can provide value in the long run..i dunno of any but if anyone knows of one..they will do it first de mah..anyways i would believe wellness is doing rather good but its not a very new thing le..although still got many people skeptical and haven try partly cos of price also..can last 2 generations or not..i would say probably

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Old 23-07-2007, 03:19 PM   #5 (permalink)
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Default Re: What is lucrative business to go into now?

I'm also interested in doing, but I guess right, what matters most is you can be different from others.. Yup.

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Old 24-07-2007, 10:16 AM   #6 (permalink)
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Default Re: What is lucrative business to go into now?

No matter what business you think you're in, you are actually in the business of MARKETING. Think about it, if you have the greatest product or the best tasting food but no one knows about it or willing to part money for it, you'll be out of business very very fast. So, invest in yourself first, read up, take a couple of courses.. A good read will be Rich Dad, Poor Dad.


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Old 24-07-2007, 11:51 AM   #7 (permalink)
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Default Re: What is lucrative business to go into now?

The more LUCRATIVE a business, usually more competition. In order to be successful, one has to observe the market and buying pattern of customers. If you see a good potential product or service that will grow well. Just start something small which earns enough for your monthly expenses and cover your running costs first. It all voice down to your guts feeling. You may not know when the BOOM will come but at least life goes on. Important thing is to do something you have a passion with and not something that just makes money. You will feel better even if you are not making much money out of it.
However, if you are sure that a business can bring you good money, go for it first and start your interest/hobby venture later...This is my penny sense of opinion.
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Old 24-07-2007, 04:33 PM   #8 (permalink)
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Default Re: What is lucrative business to go into now?

Quote:
Originally Posted by inoyb
..i dunno of any but if anyone knows of one..they will do it first de mah..

i agree.. if its a new and creative idea it will most probably generate money for you, but its rare and you don't get it from other people's mouth..

furthermore, i don't think the new ideas are meant for few generations.. If you look back at the more recent ideas in entrepreneurship, its targetted for short term - the idea behind is to get rich in the minimum amount of time..
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Old 24-07-2007, 04:49 PM   #9 (permalink)
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Default Re: What is lucrative business to go into now?

Suppose if I have a business idea that's very lucrative.
Why would I want to post it in a public forum? To increase my competitors?


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Old 24-07-2007, 04:55 PM   #10 (permalink)
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Default Re: What is lucrative business to go into now?

Quote:
Originally Posted by djchris
Suppose if I have a business idea that's very lucrative.
Why would I want to post it in a public forum? To increase my competitors?
exactly ....
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Old 26-07-2007, 10:05 PM   #11 (permalink)
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Default Re: What is lucrative business to go into now?

Booming Property Industry. Even mediacorp artiste are part-timing as property agents.

Xin Min Daily report someone earning 1m in 5 years after quitting mediacorp (a former artiste which i dunno the name).

The article is just a few days ago. :rock:

Interested to know more about making online money in Singapore?
I am trying out various programs and posting my personal reviews on them!

Visit my blog now at

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