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Thread: Investment

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  1. #1
    mrmcfadden is offline Junior Member
    Join Date
    Jan 2011
    Posts
    6

    Investment

    The company I am looking start will focus more on selling digital textbooks to college students we also will sell other digital components such as Novels, E-Magazines and other reading material, in addition once the website have been created we are looking to partner witha company that offer video studying tutorials on courses such as math, chemistry, Bio-Chem, Anatomy etc. By placing the tutorials on our the site not only separate us from our competitions but this idea put us in a position to draw customers in many ways instead of just selling a product to the consumer.


    Right now I am in the process in trying to raise capital to start and cover all the expenses that’s needed to move forward, which is always tough but I will see how it turn out once the business plan is finalized.

    If you sit back and think about it this is why E book readers and tablet PC is in a high demand, next time you at a electronic store or online look around and see how many companies is coming out with a tablet PC or a device that’s E Book capable. If you also do your research book stores like Borders, Barnes & Nobles as other online stores their printed book sales are down and E-book sales are up major and that's the same concept for Magazines.



    If you take a look at the competition websites:

    coursesmart
    cengagebrain
    Ecampus


    As well other competition but I think what I am trying to offer which is a lot more which I didn’t include in this email will make the company I am trying to implement stand out and will be very different.

    What I am looking for is capital to start the business which the funds will be mostly spent on Site development. & investor percentage is negotiable.

    Email me Knowledgexchange at LIVE dot COM

  2. #2
    phanio is offline Junior Member
    Join Date
    Nov 2010
    Location
    Texas
    Posts
    44
    A couple of things when seeking capital investment. First, you never say how much you are seeking. Second, you never say what an investor is expected to get in return - are we just supposed to give you money and then walk away. You also never state your experience in this space. Do you have experience? Most investors do not invest in products or companies - they invest in people - people who can pull this concept off.
    Think about it this way - you can have the greatest idea in the world - but, if you can't execute it - it will only remain an idea - no matter how much money you throw at it. I have seen great management teams take average ideas and make great businesses out of them - all because they know how to execute.
    I suggest you find a local SCORE or SBDC in your area - both are free to use. They can help you research and develop your idea as well as point you to local capital resources.
    If you choose to continue to follow this path (public solicitation for investment) - I suggest you read the SEC's rules on such (start with their Reg D).

    Business Money Today
    Small Business & Start-Up Financing

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