[saqib]

What do i need this payment for?
I need to lease 2 servers, any pay for all the software and staff for my
hosting company which will open in early december.

How much do i need?
$2000 - $2500

What allready has been done to the buisness?
Website design, Buisness plan, Advertising Campaigns Are Ready Basically Everything is set to go

What will i get in return?
You will get 20% of the profit in return.

How long will it be untill i recive my investment back?
Approx. 8 - 12 Months

This is a very well thought out business and you can expect this being a sucsessfull buisness as everything is sorted out and is ready to launch. Our advertising campaigns will definatley give us a hell of customers. Which will dramatically change the whole business value.

[akula]

saqib, to get better results, try asking questions rather than falling to confirmation bias and stating that "you can expect this being a sucsessfull buisness"

your better approach is to ask "we're launching a hosting shop, we need under 10k, what's the best way to finance it?".

[Mad Muppet]

whats the exact amount of money you have invested into the business? to the penny, and what on.

[saqib]

Okay ive spent my money on the following documents/designs

Website Design : £650

Business Plan: £200 ( With Solicitor)

Legal Documents: £250

Business Card: £50

Buisness Flyer: £150

Thats the most i can invest and need some help getting some more finance in. Akula i guess you are right but i belive straight to the point is much better than taking the long route. Thanks for your opinion.

[akula]

saqib, I'm here to help you

venture finance is a relationships business

no one cares what you do. the most important thing is who you are, and who you're capable of being

startups don't have balance sheets so the only asset to be invested in is the entrepreneur

stop being a flake and explain exactly what you want to do, so people can drill you about your space and related issues

what I want want to see is personality and expertise

your business plan means shit, it's just a fairy tale story

[mikeanders87]

Despite the harsh messages, these guys are speaking the truth. Business is cut-throat. No one cares honestly.

[akula]

damn straight...and I do care

what I care about is listening to extraordinary startup folks who publicly post remarkable visions of how they're gonna innovate and dominate global markets

this discussion needs to be public, so I can get a feel for who the entrepreneur is

if all of this works out - then doing business together is just the next logical step

people!! be extraordinary. write remarkable things that capture attention and challenge the status quo.

erhh...forget it

[saqib]

akula i presume you aint experienced enough to think like professinal business men out there, In the real world who cares about your vision, Who cares about your expertise? No one really gives a shit about anything. Ive learnt it the harder way and will give more details to anyone who is intreasted. I dont have enough time to sit here and write a autobiography. Take some advice from me, You dont know shit about how businesses work in the big wide world. Thats advice given by someone who has played major roles in large businesses.

Give advice to people who dont know what they doing. Im not 15.

[akula]

saquib, that's a great outcome

I really want to see you share more insights with other members

we need people of your calibre

apologies for having to push your emotional buttons

but it got you talking didn't it? :-)

as far as "You dont know shit about how businesses work in the big wide world" goes, I totally agree because the opposite would be depressing

nonetheless, your problem's yet to go away

you need to finance the damn thing

you're finding that pitching strangers on an internet forum leads to less than stellar results

so what are you gonna do about it?

P.S. you can always post a thread on the issue. that's really what the forum's for

[saqib]

Basically i am thinking to getting a job and raising it myself, Having someone invested will just ruin time. They will just annoy me and will allways be wondering where there money is gone. So i thought i will do it on my own rather then having another partner who snatches 20% of the profit. Never the less if i do find a good and professinal business partner who is focused and dedicated to the buisness i will consider it. Im sorry for my offensive language in my previous post, I was being as honest as i could, although is was very un-professional of me.

[akula]

sweet. savings is good bootstrapping. However, there's a whole range of other bootstrapping plays founders use to kick start everything from dell.com to squarespace.com (including trade and consumer credit)

now, for me, customer finance always does the trick as it has done for people like Aristotle Onanssis, and oodles of real estate developers. these guys fund the startup by selling the product before they've manufactured it. Can you take pre payments from customers to fund your expenses?

this kills 3 birds with 1 stone: you get finance, market research (i.e. do ppl need this product) and savings on marketing expenses (i.e. money you'd have spent on finding initial customers).

finally - a good way to understand what I'm saying to you and the reasons for why I post what I post, is to appreciate that I don't have a personal opinion. For example, when I emphasise things like "remarkable vision" it's only because vcs like Guy Kawasaki say so. if they didn't say it, I wouldn't say it.

Basically, I'm trained in venture capital. Everything I say always has an authority from some fellow who has participated in hundreds of successful and failed startups (that's just what vcs do). The list of these authorities is in my blogroll.

So yeah, I know that sometimes the advice I give seems to come from nowhere. In these instances, the best thing to do is to demand a clarification on who's the authority for the relevant bit of advice.

So there you go. If you need to explore bootstrapping in more detail, you're gonna have a blast posting a thread about it.