[CreativeIdealist]

Ok..

Here I am everyone, I am needing help putting an idea together. I want to create something that is going to be beneficial to musicians and songwriters. I am looking for someone who can help me with putting a business plan that would help attract investors. I am also looking to be directed to where I can find venture capitalists. If anyone could just help me put the eggs in order. I would be very appreciative.

Thank you,
Jim

[jasaunders]

Hi Jim,

Sure, there are many people here who can help you, including myself. Of course, more information would be needed.
What stage are you at? Have you started your business plan? Are there certain sections you need help with? Are you sure you need venture capital funding?

If you want, feel free to email me at josh@joshuasaunders.com

[akula]

Originally Posted by CreativeIdealist

Ok..

Here I am everyone, I am needing help putting an idea together. I want to create something that is going to be beneficial to musicians and songwriters. I am looking for someone who can help me with putting a business plan that would help attract investors. I am also looking to be directed to where I can find venture capitalists. If anyone could just help me put the eggs in order. I would be very appreciative.

Thank you,
Jim

yeah...sure jim
startups don't really work like that...
american small business isn't financed by "investors"
external equity financiers are almost exclusively limited to servicing expansion stage ventures..so if you're at seed stage, it's really all about having a whole different set of concerns

the correct order of things to do for sucessful venturing is pretty simple:

1. power up ms word. type up some customer surveys. print surveys. send surveys to prospects. build a list of people who wanna buy your stuff. offer them a discount. in return, ask for a prepayment. collect the prepayments.

2. leverage the prepayments with a bit of savings, some money from a cofounder/s, consumer debt, trade credit, borrowed equipment/office space, sweat equity, maybe a loan from mum/dad/relos etc. use this leveraged amount of capital to deliver the product to your list of prospects. book a profit. ask the customers for referals. keep costs low, margins high.

3. repeat the process. power through through to breakeven and onwards.

it's not rocket science

[CreativeIdealist]

Thanks so far. Like I said, I'm not really sure where I need to start. I do know that with what I am looking to do, I am not in the line of taking prepayments from customers. I can't borrow from anyone as I not close to family(dead or estranged). I have started the process liquidating and dumping what I have so I can start this project.

I have done extensive surveys for what people would be interested in seeing/doing.

Josh, I'm not sure I need venture capital. I just explained the idea and they recommended me to seek venture capitalists. Hence why I came here to see what direction, I really need to go

I am at the stage of gathering the liquid cash to start. I would like to have a business plan as I know that will set the path of what way I'll be going.

I want the best possible route with the minimal mistakes made...

Thank you for responding.

Josh, I'll write to you..

Jim