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Joined: Jun 2005
Posts: 13,235
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2005
Posts: 13,235 |
Dude:
Yesterday, somebody advised you to change the info in your profile. Did you miss that one?
Last edited by tjm10025; 11/30/14.
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Joined: Mar 2009
Posts: 24,619
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 24,619 |
$20,000 gross a year is a hobby........ But you want to value it at $2.5 mil.......(20% for $500k) No patent, no plan, no business experience..... This is why some are wondering if this is a joke. You need to find companies or individuals who want to buy your ideas, then keep pumping out your ideas......
I wish you good luck and hope you make a lot of money.
Have Dog
Will Travel
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
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Joined: Aug 2011
Posts: 4,806
Campfire Tracker
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Campfire Tracker
Joined: Aug 2011
Posts: 4,806 |
I'm guessing you're not a scam artist because frankly a scam artist would put forth a better effort/presentation. So far there's teepees, a steam pot, and an endorsement from a dumbaz; and you're selling these together with future ideas.You need to stop while you're ahead. Brian just ignore the peanut gallery. Any of you hecklers actually look at his website? A small businessman trying to get off the ground. wyominglostandfound.com
Be Polite , Be Professional , but have a plan to kill everybody you meet -General James Mattis United States Marine Corps
Nothing is darker than a mau mau's moo moo.
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Joined: Apr 2010
Posts: 1,435
Campfire Regular
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OP
Campfire Regular
Joined: Apr 2010
Posts: 1,435 |
I'm guessing you're not a scam artist because frankly a scam artist would put forth a better effort/presentation. So far there's teepees, a steam pot, and an endorsement from a dumbaz; and you're selling these together with future ideas.You need to stop while you're ahead. Brian just ignore the peanut gallery. Any of you hecklers actually look at his website? A small businessman trying to get off the ground. wyominglostandfound.com done, you will see this brand on store shelves come spring
mercy triumphs over judgement
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Joined: Jul 2004
Posts: 5,934
Campfire Tracker
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Campfire Tracker
Joined: Jul 2004
Posts: 5,934 |
Op needs to write business plan, visit govt sites and get business certified with SBA and other state and govt entities. You will need to prove cash flow, profit margins, and all financial information. Business will need to show business and profit projections, including contracts with suppliers and buyers. Try selling to the govt via GSA contract. They will buy anything.
Beware of thieves, scammers and dishonest members on the "Fire" classifieds. Ya there is a thief here too. Whatever!!
They're all around the CampFire and everywhere.
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Joined: Jun 2008
Posts: 18,605 Likes: 24
Campfire Ranger
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Campfire Ranger
Joined: Jun 2008
Posts: 18,605 Likes: 24 |
April 1st is still 4 months away. Pay no attention to the perennial jerk. Still smartin' from your spankin' I see. laffin'
Every day on this side of the ground is a win.
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Joined: Jan 2012
Posts: 6,801
Campfire Tracker
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Campfire Tracker
Joined: Jan 2012
Posts: 6,801 |
Looks like a fantastic idea. Looks to me like this would be the ticket for high country hikers and hunters.. Looks like you just need to advertise. A well advertised product no mater how good will sell.
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Joined: Oct 2013
Posts: 8,490
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2013
Posts: 8,490 |
It is kind of funny how many are so quick to point out your short comings, mostly from those to scared to try.
Keep your chin up and your debt low, you will do fine. You're right about the patents, the Chinese don't honor them, and few are worth the money it takes to defend them, unless you come up with a cheap anti gravity belt, don't waste your time or some one else's money.
You have some great ideas, but you need to build jigs, fixtures and simple robotic welders to increase your productivity. And I would think long and hard about a "money man" per say, if you do your job well enough, you will have plenty of folks show up,that will want a piece of your pie. And last of all, remember the "value" or free advise. Good luck in all you do.
Writing here is Prohibited by the authorities.
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Joined: Apr 2010
Posts: 1,435
Campfire Regular
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OP
Campfire Regular
Joined: Apr 2010
Posts: 1,435 |
Thank you Jimy! I have to say that despite some negative (which will always be there in this life) the positive feedback from you guys has really boosted my spirit. being and staying sober is key for me to do this as well as my Faith in Jesus!
Thanks for all the advise and resources! wham
mercy triumphs over judgement
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Joined: Nov 2003
Posts: 28,605
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,605 |
It is kind of funny how many are so quick to point out your short comings, mostly from those to scared to try.
Keep your chin up and your debt low, you will do fine. You're right about the patents, the Chinese don't honor them, and few are worth the money it takes to defend them, unless you come up with a cheap anti gravity belt, don't waste your time or some one else's money.
You have some great ideas, but you need to build jigs, fixtures and simple robotic welders to increase your productivity. And I would think long and hard about a "money man" per say, if you do your job well enough, you will have plenty of folks show up,that will want a piece of your pie. And last of all, remember the "value" or free advise. Good luck in all you do. scared to try? not hardly...i dont doubt he has good ideas, but he is asking for money with nothing to base it on....and i say this having helped successfully run two businesses and having had to sit down repeatedly with banks looking for money for equipment....the whole "doesnt believe in patents" tells me most of what i need to know that even if i had the money to invest with him my rate of return is going to be slim to none. as someone pointed out he would be far better off scrapping his idea for being in business for himself and find a company to be an idea man for that will shell out the cash to go after patents on his ideas....not a damn thing wrong with that course of travel and a hell of alot of money can be made that way..... but based on his posts on this thread he is not someone whos company just about anyone is going to invest in.....without patents in this day and age its a money loosing proposition cause the idea is not yours, anyone that wants to can make the EXACT SAME THING and you have no recourse.....he is also asking for investors in an idea of a company that is in his head which, he really should not have expected any other reaction, the fact he didnt is another red flag.....he is like any number of inventors ive come across, great ideas are one thing, investable ones are another....
A serious student of the "Armchair Safari" always looking for Africa/Asia hunting books
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Joined: Apr 2010
Posts: 1,435
Campfire Regular
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OP
Campfire Regular
Joined: Apr 2010
Posts: 1,435 |
i hardly consider myself stupid.... i've been an idiot, but the idea that i will throw in the towel on this is ridiculous. i have invested too much time and energy as well as passion.
it's my baby... knock and watch it grow
some of you are real ass wholes and i am sure that after a 5 minute conversation with you, i am the one who would be headed for the door.
mercy triumphs over judgement
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Joined: Apr 2010
Posts: 1,435
Campfire Regular
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OP
Campfire Regular
Joined: Apr 2010
Posts: 1,435 |
by the way.... pfhuk the status quo
mercy triumphs over judgement
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Joined: Nov 2003
Posts: 28,605
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,605 |
given your attitude towards patents and lack of a real interest to do what needs to be done to get your ducks in a row first before asking for money it aint going to be your baby for long...
and im not being an arsehole, im being realistic.....status quo or not, if you want investors you need to jump through hoops, if you dont want to do that its going to keep being a hobby until someone else files a patent on your idea and then sues your arse for patent infringement.......
A serious student of the "Armchair Safari" always looking for Africa/Asia hunting books
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Joined: Apr 2010
Posts: 1,435
Campfire Regular
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OP
Campfire Regular
Joined: Apr 2010
Posts: 1,435 |
let them try and steal the ideas and take me to court... i have one thing they don't and it is very powerful... The LORD! pictures and dates don't lie..
Last edited by whambasted; 11/30/14.
mercy triumphs over judgement
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Joined: Nov 2011
Posts: 31,231 Likes: 10
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 31,231 Likes: 10 |
Pictures and dates have little to no value for an investor.
Patents have value.
You may have the Lord, but they have Lawyers!
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Feb 2014
Posts: 67
Campfire Greenhorn
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Campfire Greenhorn
Joined: Feb 2014
Posts: 67 |
Kickstarter will be your best bet, one product at a time. No need to convince investors, no money to put up, no one to pay back or have control of your company, and it does market research at the same time.
I'd be cautious about approaching investors directly at this point, as others have said you don't appear serious from the guy holding the money's point of view, and once they write you off it is impossible to get a second look.
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Joined: Apr 2010
Posts: 1,435
Campfire Regular
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OP
Campfire Regular
Joined: Apr 2010
Posts: 1,435 |
it is up to a judge, not a lawyer
mercy triumphs over judgement
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Joined: Nov 2011
Posts: 31,231 Likes: 10
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 31,231 Likes: 10 |
it is up to a judge, not a lawyer You would be bankrupt before you ever made it to a judge.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Dec 2007
Posts: 25,143 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Dec 2007
Posts: 25,143 Likes: 2 |
Some cool looking equipment! You've gotten some good advice.
Good luck to ya!
“Life is life and fun is fun, but it's all so quiet when the goldfish die.”
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