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  1. #1
    HDFilmMaker2112 is offline Junior Member
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    Where do I start?

    So I've been browsing over banks websites to see if I would qualify for a loan, and more than likely I don't. So I have no clue where to start to raise capital. I have no personal credit or cash, and have no corporate credit because I have no establishe businesses. The businesses I want to start are as follows:

    Film/TV Studio
    Band Practice Space
    Music Store (needs about 500k in start-up)
    Pro Video Store (needs about 500k in start-up)
    Consumer Video/Audio (needs about 250k in start-up)
    Business and Technology Store (needs about 100k in start-up)
    Film/TV Post-Production House (need 400k in start-up)
    Live Streaming TV channel (needs 125k in start-up)
    Band/Artist Management/Agent (needs 125k in start-up)

    I figured I could cut costs by putting all of these companies into a single retail space (25,500 sq. ft.), but the problem is getting the cash to start all of them in order to make rent each month.

    I'm also figuring I won't be able to get any capital from Venture or Angel Investors.

    Any ideas on what to do?
    Last edited by HDFilmMaker2112; 07-19-2009 at 11:24 PM.

  2. #2
    inle's Avatar
    inle is offline YE Veteran
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    you got a business plan?
    or maybe, you ever consider starting one item @ a time & see which is your cashcow?

  3. #3
    HDFilmMaker2112 is offline Junior Member
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    I do have a business plan for the Music Store and Pro Video Store.

    The problem with starting with one is, I'll have to get a smaller space, which limits how I could expand if I open the other businesses. I guess I could divide the current 33,000 sq. ft. location it something smaller and expand into the remaining area if necessary... but that would only work if the remaining space isn't taken. But I still need over 1 mil to start the music store and pro video store.

  4. #4
    Woodcs82 is offline Senior Member
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    the best way..

    the best way is to get a Job, Work hard and start funding yourself. Seek capital later on. IMHO
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  5. #5
    HDFilmMaker2112 is offline Junior Member
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    Quote Originally Posted by Woodcs82 View Post
    the best way is to get a Job, Work hard and start funding yourself. Seek capital later on. IMHO
    Then I might as well forget the whole thing, cause I don't have 30-50 years to raise the capital that I would need by working some low-end job.
    Last edited by HDFilmMaker2112; 07-20-2009 at 01:43 PM.

  6. #6
    dalrohrer is offline Junior Member
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    Market Research is key

    Quote Originally Posted by HDFilmMaker2112 View Post
    Then I might as well forget the whole thing, cause I don't have 30-50 years to raise the capital that I would need by working some low-end job.
    Have you done sufficient market research? Who are your competitors? How are they doing? How could you do better? After you obtain the funds, how will you pay them back? Will you still be in the black after you pay interest on financing? If your business is not successful, what is your escape plan? Is there a market for the product?

    Don't be so anxious to start the business that you ignore signs that it is a bad idea.
    -Dalan
    College Entrepreneur
    Owner: Discount Flash Memory
    Owner: College Ventures Blog

    http://www.collegeventures.blogspot.com

  7. #7
    Ergo1 is offline Member
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    If you can develop your plan and pitch enough to show an undeniable opportunity for investors/banks, then you will most likely find someone/a group/a company who will like to take advantage of the opportunity...eventually. The issue then is simply a numbers game. Get your pitch in front of enough people until they start to nibble and then you can reel them in slowly.

    So my suggestion would be to continue working your "low-end" job to finance your research, prototypes, document preparation and anything else necessary to showcase your opportunity.

    Once you have exhausted that effort you can move on to the second stage of finding people to present it to. This part is often much more frustrating, but if you can put yourself in an investor's shoes and can truly see the undeniable opportunity, then you should be able to eventually get your funding.

    So far these two stages have taken me 6 months and I am still on the nibbles stage. I hope to begin reeling in the final investors within the next two months. Just stay positive and good luck!

  8. #8
    JWS's Avatar
    JWS
    JWS is offline Junior Member
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    As for band/artist/management you don't need that much to start off, start small then work your way up... An easy way to start is with dj's since they're easy to find gigs.. Either ask around to find a good dj or just go to a nightclub and talk to the dj's tell them you're proposal to find them parties and you make 15% for finding the job.. to print 5000 quarter page flyers is like $125 w/ $100 for the design and you just print those with the dj and your number as management.. you can also go to other nightclubs and offer them your dj, its really easy and costs are low... then once you get a hang of things you can increase on your roster and start picking up dancers and other performers or just more dj's if you wanted

  9. #9
    HDFilmMaker2112 is offline Junior Member
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    Well... I found a smaller location which is 4025 sq. ft. which is a much more viable option. Now if I can find a company to sponsor my live streaming tv channel and also run commercials and paid programming, I can probably cover everything. Anybody here that would sponsor the network? If you want an example of what we'd do, you can check out theStream.tv - live internet television video games interactive streaming online tv iliza shlesinger last comic standing shows music movies video celebrity celebrities justin.tv stickam.com blogtv.com ustream.tv livevideo.com myspace facebook twitter . That is very similar to what it would be.

  10. #10
    inle's Avatar
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    maybe..
    one at a time..

    it seems that you are rushing them through & doing a lot of things at the same time..

    since you got your business plan up, you can guage which is the easiest to start with a comfortable cashflow..

    Once you got that, you can reinvest & expand your business further..

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