If you were sitting on a gold mine but needed a sizable amount of $ to start up...

pewep

pewep

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Nov 30, 2009
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How would you go about it? I've done the numbers and I've tested it in small quantities. It works, I know it. It's frustrating me knowing that I'm sitting on a $200,000/ year net business but I need $7,000 off the bat in startups for 1 month alone (it will be profitable after about 1 - 1.5 months). Additionally I don't want any partners in it because it's such a ridiculously easy niche to dominate and exploit if anyone else knew about it. How would you go about this?
 


Borrow money from somebody you know or get a loan from the bank.

P.S. if you really don't got $7k startup capital and dont know where or how to get it then you got some bigger issues than lack of funding
 
I know where to get it, but it will just take a bit of time. At least it isn't like a $100,000 startup cost :). Anyway just was curious. I hate borrowing $, in fact I don't have any credit cards.
 
If you were sitting on a gold mine but needed a sizable amount of $ to start up...
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You aren't sitting on shit.

Ideas are worth zero, action is everything, and if you don't have capital, and can't attract it, your idea is worth less than zero.

Unless you're the type of person who inspires confidence in investors, and who knows people with capital means (hint: you aren't), this idea has about as much value as my dog's dreams.
 
If you knew without a doubt, it was proven, that a one time fee of $10,500 max could turn into a non stop $16,667 a month revenue stream year on end, I think it'd be pretty obvious what the best path of action would be. If you *know* this and still haven't done it, then you may be deluding yourself to the stability of this idea. And of course, until you or someone else executes on the idea, it's nothing. Best of luck, mang.
 
IceToEskimos said:
You aren't sitting on shit.

Ideas are worth zero, action is everything, and if you don't have capital, and can't attract it, your idea is worth less than zero.

Unless you're the type of person who inspires confidence in investors, and who knows people with capital means (hint: you aren't), this idea has about as much value as my dog's dreams.
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Ice, I already told you I did testing on the numbers. I have for the last 4 months just to be sure. YES it fucking works and it is scalable but not without proper equipment. It's not an online method either, (100% legal) but the simple truth is you need the equipment to scale it up.

I know the difference between an idea and a solid plan. Ideas aren't worth shit unless you know the numbers and the conversion rates. I know the conversion rates, and have even included a test scenario that takes the law of large numbers into account.
 
pewep said:
Ice, I already told you I did testing on the numbers. I have for the last 4 months just to be sure. YES it fucking works and it is scalable but not without proper equipment. It's not an online method either, (100% legal) but the simple truth is you need the equipment to scale it up.

I know the difference between an idea and a solid plan. Ideas aren't worth shit unless you know the numbers and the conversion rates. I know the conversion rates, and have even included a test scenario that takes the law of large numbers into account.
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Wash my car 1000 times, and you'll have all the money you need.
 
thehobbster said:
If you knew without a doubt, it was proven, that a one time fee of $10,500 max could turn into a non stop $16,667 a month revenue stream year on end, I think it'd be pretty obvious what the best path of action would be. If you *know* this and still haven't done it, then you may be deluding yourself to the stability of this idea. And of course, until you or someone else executes on the idea, it's nothing. Best of luck, mang.
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I know for a *fact* that roughly $7k per month in expenses will net you $16,666 per month after expenses. Period! I haven't even looked at states outside my own yet.
 
pewep said:
I know for a *fact* that roughly $7k per month in expenses will net you $16,666 per month after expenses. Period! I haven't even looked at states outside my own yet.
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lol

pewep said:
I'm not asking you to buy in, I'm asking you what I can do to raise the capital fairly quickly.
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sponge%20bucket.jpg
 
pewep said:
LOL.
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what happened to all of your faith?

I just solved your problem, partially anyway.

If this idea will be PROFITABLE in 8 weeks, that means it will earn somewhere around $875 a week.

Assuming it doesn't start earning for the first four weeks, you're looking at $1750 a week gross for weeks 5-8.

I'm only looking for $700 a week, so you really only need to raise $2800 to cover your first month's juice to me, and you're in business.
 
Fuck 700 fat chicks for a 10 bucks. Or 70 really fat chicks for 100 bucks.

Really fat chicks need love too. But they gotta invest in pewep ideas.
 
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