19 year old CEO... Possible? Of Course

[Rock09tx]

I am a young 19 year old entrepreneur looking to open up my own game rental kiosk business called GameLitter. I have about 10 locations here in my hometown willing to host the machines already I would like to start off with 10 machines which will be about $200,000 to $250,000 which includes inventory and all, or we could take a more conservative approach and get about 5 machines($100,000 to $150,000) to test drive and see the revenue this could make starting out and determine when to expand. This also will be a franchise opportunity as well which will help spread the brand more rapidly.

My true vision for this is to hit college campuses with this and provide this service to college students that want to rent a dvd or play a game and don't have to leave campus. When I was attending Prairie View A&M University we had something called Panther bucks which is like real money(Panther Buck=$1) but it used the financial aid instead of students coming out of pocket and that's what I would like to with this company. I'd like to go around to campus and while students are deciding on their meals plans and housing they will also have an option for "GameLitter Bucks"(or something like that). I believe this can be really successful and very profitable on college campuses like UT or OU with thousands of students. Let me know your thoughts?

I am in need of a business partner/co founder

I have a business plan. financial worksheet, 1-pager, kiosk supplier etc... Need funding

Please Contribute any interest or advice... Thanks and God Bless

~Christopher Rockwell

[bozzie123]

Hi chris, could you please reply to my emails

Cheers

Nick

[jake_russell]

this is definitely a good option for a small business but as you know it is very capital intensive. one recommendation - dont try to get people to sign up for "game litter bucks". it will be too complicated to keep up with how much a/r and a/p you have outstanding and i dont see college students, especially with the rush of moving in, setting up a pre paid card for just game rentals. where i go to college we have bear bucks and companies sign up to accept bear bucks. they pay baylor a percent of each transaction, like a credit card processing fee. i think that would be your best bet as all student already have their student id loaded with bear bucks. location is absolutely critical for this type of thing.

good luck