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business idea: selling nootropics locally?

csrpj's Photo csrpj 21 Oct 2009

is this a good business idea? maybe have a cafe which serves all these other drugs besides caffeine? or set up a stand and sell a bunch of nootropics at a big college campus?
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LIB's Photo LIB 21 Oct 2009

Doubt it will work. Majority of people are simply not into the supplement thing.
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msied's Photo msied 21 Oct 2009

It'll come off as extremely sketch. I'd start by selling to close friends and expanding more informally from there, but.............. at some point you might get a cop on your tail for it. Not sure what'll happen from there.
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lynx's Photo lynx 21 Oct 2009

is this a good business idea? maybe have a cafe which serves all these other drugs besides caffeine? or set up a stand and sell a bunch of nootropics at a big college campus?

If you did it around finals and midterms and advertised aggressively, you could probably sell a bunch.
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rasnjo's Photo rasnjo 21 Oct 2009

I doubt it would be profitable considering the size of the market. Very few college students actually use nootropics and those that do often know where to order from on the Internet. I think a much more viable approach would be to set up a single store which focused on its online shop (like most nootropic shops today), but also did regular campaigns at college campuses to help them order and inform them about nootropics (at most campuses you can find somewhere to set up a stand for free or at least cheaply for a day, and there are noticeboards to inform people about your visit). Getting to speak to a representative would probably help dispel many myths and fears about cognitive enhancements, and it would give your shop a more human face. I think if given some good information a lot of college students would like to try out nootropics, but at the moment you rarely come across information about nootropics unless you're already interested or you're into related subjects like life extension or transhumanism. However to carry out this idea you would probably need a sizable initial investment.
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