Are u for real...I am seriousYep. I will own 80%, have control of the BOD, and the business will be chartered in the USA. Submit a business plan.
John
Are u for real...I am seriousYep. I will own 80%, have control of the BOD, and the business will be chartered in the USA. Submit a business plan.
John
So was I, but you will need to convince me or any other investor that this is not just smoke. You will have to have some skin in the game, you will have to show that you will be able to deliver, and it will have to be conducted completely under American laws. If you can get an investor who will do it for less than a controlling share and not under the laws of its country of choice, good luck. Also, no potential investor is going to sit around for very long waiting for that information.Are u for real...I am serious
And you think perhaps people in the rest of the world won't do that or worse. What a sweet child-like naivete you possess.OK..I am serious. I have a planned everything..just need a foreign investor. I will not trust a Maldivian. Maldivians will eventually take over and kick you out and ruin the business for sure. This happens every time.
I want my business to last for ever.
A foreign investor cannot take over my house for sureAnd you think perhaps people in the rest of the world won't do that or worse. What a sweet child-like naivete you possess.
No typhoons here yet. No seismic events too.You still need to worry about typhoons/hurricanes/cyclones/seismic events.
If you are referring to the fact that under-capitalization is one of the most common reasons small businesses fail in the US, that is correct.Hopefully money.... Thats usually the foundation of any biz.
I trust your honesty and sincerity. But you must realize that the only reason a venture capitalist will invest is to sell its equity, not to develop a long-term business. You probably have a very good idea and certainly the drive to get it done, but I suggest you marshal your resources to get conventional financing. Remember that laws governing investing and payment of interest are very different in your country than in Western countries. A business plan is an absolute must for obtaining any financing. Even if you use your own money, it is a good exercise to go through. At a minimum, you will realize how much money you will need to keep going for at least a year or two without significant income. Many businesses take at least 2 years to break even, and many of the dot.com businesses took longer.After that Incident I decided that I will never let any one use me.
In truth, I have no documents, no business plan, nothing what so ever.
Thank you john.I trust your honesty and sincerity.
I know what you mean....I need advice and pointersBut you must realize that the only reason a venture capitalist will invest is to sell its equity, not to develop a long-term business. You probably have a very good idea and certainly the drive to get it done, but I suggest you marshal your resources to get conventional financing. Remember that laws governing investing and payment of interest are very different in your country than in Western countries. A business plan is an absolute must for obtaining any financing. Even if you use your own money, it is a good exercise to go through. At a minimum, you will realize how much money you will need to keep going for at least a year or two without significant income. Many businesses take at least 2 years to break even, and many of the dot.com businesses took longer.
The thing to remember in the equation, is small business owners typically start out too large, and paying themselves what they were making at "a similar job in the field with an established company". I've worked with dozens of small businesses.If you are referring to the fact that under-capitalization is one of the most common reasons small businesses fail in the US, that is correct.