re: entrepreneurs- help needed

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I think my problem was talking about to much of the setup of some of the service and need to focus more on the money not how the services will be orginize. If that's makes since

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id say a balance - you do need to display the product, and how the services tie out to the bottom line (and how that ties out to them getting an ROI). I would say some sort of high level overview introduction with the broad strokes of operations, market and cash flow, followed by all you have read here (your assumptions, what they are based on, competitor info, short and long term modeling of your business, and the market for it, etc....).

Essentially give them the initial lunch pitch in an easily digestable form, and then give them all the backing. Think of the questions you would ask if someone wanted that much money from you.

and as much as you blow it off as "just because its expensive to start" i think that you need an answer (at the very least conversationally) to "why hasnt it started here yet."

His daddy didn't immediately shoot this idea down so he must be on to something!

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When writing my BP I felt like I was putting to much in it. I've read where you don't want to put to much in it but at the same time you need to discuss everything.I think my problem was talking about to much of the setup of some of the service and need to focus more on the money not how the services will be orginize. If that's makes since

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Please pay someone to edit your BP.

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We should probably let you get back to networking using the OT Lounge to find people involved with Hangout Fest down on the Gulf Coast of Alabama so your company can start a business relationship providing scaffolding for them so you can simply score VIP access tickets.

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I mean it really isn't that bad of an idea, not like hangout couldn't use the services and the company could benefit by advertising in the area. all in exchange for VIP tickets. Theres been worse deals

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Why don't you work and save $500,000 or so and then maybe you'd be able to ask for $6 million with a straight face?

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I am currently working and saving money but I feel like if I don't do it quick someone else will. But I should pump the brakes a little and maybe aim for a few years down the road and not ASAP. By then ill have more of my own money to show like you are implying.

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Not to mention, people who have $8-10 million laying around to donate to people

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haha I know I said it but the only people "donating" would be family( the family donating would be older, and not demand to be in control or run day to day, but would want it to be successful) the others would have to be paid back, and id have to show proof which is why I was looking for advice, any at all, to help. This isn't the only place I went for help. I was just bored and figured why not ask here.

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Once you prove a concept try talking to your chamber of commerce as well

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I have a friend in local government and I didn't know when to approach him( before or after I get backing) because for now im out of state and communication would be hard. plus I want to get my stuff straight for him as well

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NoSaint

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thanks for the actual help and input

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You speak of "donations". Here's a clue. No one in their right mind that isn't family is going to make a "donation". They're going to want you to outlay a solid plan that shows how and when they will be paid back and what rate of return they can expect. The fact that someone in your family has started a business and made it successful is no indication that you have the motivation or skill to do the same. In fact, by the tone of most of your posts you appear to be very immature in your thoughts and actions.

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Right like i just made clear family would be the only to donate and if non family did it wouldn't be in 7figures. the reason I came here was for help on convincing the others to buy in.

And im soooo sorry I don't sound professional when I type shite on an internet forum named after animal poo and with a name like MLSter.

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$6-8M is a shite ton of money for an investor no matter their worth. OP talks about that much money like someone is just going to write him a check

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I know it wont be easy but most of that cost( all of it probably) would be for the land I want. If I cant get the money I could settle for other much cheaper places and at that point 3 million would be enough to start it up.

I guess I was just hoping it would be easy to convince them to buy the land because if you have the money why not buy the land. It will only go up in value and if I cant pay you back as promised and the company fails, you still own the land and can sell it to make your money.

Maybe im naïve in that thinking? I was planning on having someone buy the land upfront, then do like a lease to own type thing to my company.

Is that an option worth pursuing or is it shite?
should I just contact current land owner and ask if he will allow me to build my building and just lease the land but never own it?
but this way what if he decides to back out or not reup my lease, even though im paying. im screwed

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haha trust me ill put more time into the BP than on what I say on the internet

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You seem to think that it takes a whole lot of extra effort to spell "too" and "organize" correctly which would require "more time" than you have while posting on the internet than you would while typing your BP..

What happens when you have to type a memo on your phone at 3 AM to your "donors" while you are painting Armadaillos? :) Not trolling you, if you are being serious. Just being realistic. I do wish you success in your endeavor in that case.

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I know it wont be easy but most of that cost( all of it probably) would be for the land I want. If I cant get the money I could settle for other much cheaper places and at that point 3 million would be enough to start it up.

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So you have an idea in which just the land is most/all of the initial investment and the pay back period is a few years? And you could go from a $6-8M property to a $3M property and have the same start up time and profitability? You have either not thought this through at all or not done any research.

You could just tell us what type of operation you are considering. I highly doubt anyone on here would rush out to raise $6M to buy this piece of land off the interstate and steal your idea.

ETA: And $3M is still a shite load of money to raise. I know a small business locally that needing around $2M for a GREAT business plan and only one in town. Both of the entrepreneurs had MBA's and worked for years in different marketing and sales jobs. They ended up needing around 25 investors.

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Ik I wont be typing my BP while driving so that might help

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Honestly, you shouldn't be texting/typing on a forum while driving either. How does that reflect on you as a CEO? Its all about tone at the top.

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orginize

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Even auto-correct is smarter than that.

haha ill post my summary when I get done with the BP how about that. but its gonna take a while

This can't be real. Wish I could short this guy.