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Re:Ask HN: Have to invest 500K in a business – what can I do? by rdtwo on Monday January 03, 2022 @10:23PM (#29790911)
Gas station or self storage. It’s basically a land squat. A chain of coffee shacks would be viable too. Reselling shoes is viable but not good for getting more laborers. A child care or tutoring facility would be a good choice too. But lots of work. Otherwise maybe eth mining would be profitable even on gpu in a year. Ideally you would buy some equipment that’s easy to move and retains value then sell it off after 2 years with minimal losses.
Re:Ask HN: Have to invest 500K in a business – what can I do? by oldjack on Tuesday January 04, 2022 @03:25AM (#29792627)
Hard to employ 10 people in gas station or self storage or etc mining!
Re:Ask HN: Have to invest 500K in a business – what can I do? by rdtwo on Tuesday January 04, 2022 @12:28PM (#29797321)
At a gas station that’s 24-7 you need 4.2 staff to cover all shifts. If you double up you are basically there.