If you had to start your own business what would it be?

[cindylou]

A dive shop or a Pie diner

how fun would the pie diner be? You could probably do both?

 

[samoth]

Starting a real company would require millions in VC. Not much you can do with 100k -- that's just a bank loan for most people.

Starting a biopharma company would be interesting but not within the hypo. Same with a hedge fund, but again, 100k is trivial. You can't even buy a McDonald's franchise with several times that.

Other than small scale, high-risk ventures or partnerships where you're the minority holder, I can't think of anything you can really do with that.

 

[PICK3]

You can't even buy a McDonald's franchise with several times that.

you say that as if owning a Mickey D's franchise is insignificant

 

[samoth]

you say that as if owning a Mickey D's franchise is insignificant

They have strict capital and experience requirements. My argument was that 100k for starting a solo business from scratch is trivial given the conditions of risk, time, and opportunity cost/cost of carry.

 

[mrplunkey]

Cutter's II Knoxville

No MO's in Knoxville!!!

 

[mrplunkey]

It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.

 

[samoth]

It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.

*offers to go in as equity partner*

 

[jnevin]

You know what would do well in your area? Another microbrewery where you make your own pale ales, stouts, pilsners, etc, with food too.

We have a decent amount of those here. some have really fuckin good beer too. Int'l award winning ones.

 

[javaguru]

It would take more than 100k and it would take some connections, but I'd start a clinical consulting company. I'd contract with insurance carriers to identify their worst 2%-5% of high-cost patients and develop custom plans to reduce their costs. I'd focus on obesity-related diseases for sure -- maybe exclusively.

Once I got my model right in a single market, I'd cookie-cutter the model to other cities.

Shit rob...considering the climate you could probably get grants from the feds that covered your operating expenses for reducing obesity...you wouldn't actually have to produce positive outcomes.

 

[mrplunkey]

Shit rob...considering the climate you could probably get grants from the feds that covered your operating expenses for reducing obesity...you wouldn't actually have to produce positive outcomes.

^^^ correct.

Obamacare has billions of side-pork set aside for programs like this.

I ran across a guy the other day going after a grant in our own state. We have to decide if we're going to setup our own high-risk pool run by the state or let the feds take over. Well the obvious answer is for the state to run it (no one wants the feds moving in even more). Well this guy wants a grant, but not one to study the question. He's going after pork set aside to study the decision process the state uses to make its decision. Now that's pork at its finest.

And yes JG, those pork programs won't have to work. Getting those grants are far more about your political contributions history and far less about actually improving outcomes.

My startup would bypass the government pork machine all together and work directly with the insurance carriers.