Say I need a million dollars to start something...



Talk to Mark Cuban. He hangs out on MFC.. you might need a vouch from his fav girl tho..
 
Take this for what it's worth. I know 2 blue collar workers that just broke away from their parent company to start their own company and managed to convince a bank to loan them 30-40 million dollars in loans to start the company. From what I hear, they came to the bank with a serious business plan, backers, and projected profits, and staff from the old company ready to ditch and come to the new one. They aren't that educated but they were able to convey that they knew the business they were getting into front to back. Maybe try downloading some books from guys that actually know what they are talking about that explain the best ways to get approved for bank loans and figure it out from there. It is possible to get that amount of money
 
Jinxus said:
I have a sure proof way to start a very profitable company... but I need a million AT LEAST to start, but a couple million would be more reasonable. What would be the best way to get this? Network and acquire rich friends? 2 other businesses have already executed this plan and are very successful, I just need the startup funds. I thought my $50k was a lot, oh how very wrong I was.
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I'm convinced.

PM me your Paypal address.

On a serious note, you have a "surefire" business model but need at least a million to start? Is there anyway you can get creative? What's the product sell for?

If it's $100k+, just find 10 customers, offer them the product + 5% equity to start it up.

Or... Approach someone who's in a similar but non-competing market who has distribution channels and cash. Sell them on the concept, tell them you'll run everything, show them a plan and offer them 50% ownership (start at 10%, aim for 50%).

Then you have a cash backer with distribution and enough equity in your company to not neglect it/help you make sure it's successful.

50% of something is better than 100% of nothing.
 
dnb21 said:
Take this for what it's worth. I know 2 blue collar workers that just broke away from their parent company to start their own company and managed to convince a bank to loan them 30-40 million dollars in loans to start the company. From what I hear, they came to the bank with a serious business plan, backers, and projected profits, and staff from the old company ready to ditch and come to the new one. They aren't that educated but they were able to convey that they knew the business they were getting into front to back. Maybe try downloading some books from guys that actually know what they are talking about that explain the best ways to get approved for bank loans and figure it out from there. It is possible to get that amount of money
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bullshit-gif.jpg
 

Meanwhile in Fairytale land...​

Take this for what it's worth. I know 2 blue collar workers that just broke away from their parent company to start their own company and managed to convince a bank to loan them 30-40 million dollars in loans to start the company. From what I hear, they came to the bank with a serious business plan, backers, and projected profits, and staff from the old company ready to ditch and come to the new one. They aren't that educated but they were able to convey that they knew the business they were getting into front to back. Maybe try downloading some books from guys that actually know what they are talking about that explain the best ways to get approved for bank loans and figure it out from there. It is possible to get that amount of money
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Haha you don't have to believe me but I don't have any reason to lie to OP. They work in oil and every project pays them 3-500k before expenses and salaries. They only came to the bank with a total of about 500k-a mil of backed money that they collectively saved up. They've been in this field for their entire lives, worked their ways up and somehow convinced the banks to loan them that amount 5-6 months ago. I'm not really sure how they did it but they have a yard with 30-40 mil worth of new equipment in that shit and money for every worker's expenses and salaries. I'm equally as confused as to how it happened but I've been to their yard and saw the 30-40 mil worth of new equipment. You don't have to believe me. OP, all I'm saying is after having seen proof of that with my own eyes, I have more confidence that taking out a large loan like that in this shit economy is possible. Take that however you will
 
Jinxus said:
I have a sure proof way to start a very profitable company... but I need a million AT LEAST to start, but a couple million would be more reasonable. What would be the best way to get this? Network and acquire rich friends? 2 other businesses have already executed this plan and are very successful, I just need the startup funds. I thought my $50k was a lot, oh how very wrong I was.
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i got you homie

you can contact my main man DJ up in this bitch, he got money he can hook you up

daymond@fubu.com

Or...I can let you in on Big Idea Mastermind project...its basically a machine that you plugin to - it does all the "sales" work. You just need to work on driving traffic to your sales page. Then if people show interest in the free training, the "sales engine" goes to work on your behalf.
 
[ame=http://www.youtube.com/watch?v=nkuOuxRD1Bc]Ali G Invents the Ice Cream Glove - YouTube[/ame]
 
[ame=http://www.youtube.com/watch?v=4Uj3zitETs4]Michael Jackson - Thriller - Wanna Be Startin' Somethin' - YouTube[/ame]
 
If you are starting a thread here to ask about it, then you don't have the connections to get the VC money. Let alone a detailed business plan.
 
Jinxus said:
I have a sure proof way to start a very profitable company... but I need a million AT LEAST to start, but a couple million would be more reasonable. What would be the best way to get this? Network and acquire rich friends? 2 other businesses have already executed this plan and are very successful, I just need the startup funds. I thought my $50k was a lot, oh how very wrong I was.
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1. SharkTank
2. Hit up WF board owner for loan.
3. Network in Starbucks with MLM people.
 
I don't know what you plan to do with your million dollars, but I'll tell you what I'd do...





































...Two chicks at the same time
 
inb4 it was the business I told you of a few weeks ago.

If you want to get rolling, build a prototype, start networking, go to start-up conferences and meet new people. They will help you out with your business and you can share contacts. At the end of the day, you can arrange a meeting with a VC and get things sorted.

But raising a few million as a first time entrepreneur and seeing the way you talk/do business, is pretty tough.
 
I am starting to think this forum is fucked up beyond all repair. I can't believe anyone even responded seriously to this fucktard.

Good luck bros.
 
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