I need $3,000 investment for idea that could potentially be the next big thing

[Big Dream$]

here's some basics about the machine (idea)


target market = everybody

want vs need = it's a product that everybody needs

market acceptance = it's already accepted in the marketplace, it's already a huge industry, my product is a improvement

competition = the competition is like dial up internet, and I am broadband


I can go on and on about the advantages of my idea....this has a good chance of being the next big thing


Initially, I would only need about $3,000 to start it, and if the product is proven to sell....then I would want more money to take it to the next level...


if you are interested, I wanna send you a non-disclosure agreement and we'll get started

 

[charlie dark]

$3k...??
Damn dude, just take out a personal loan from your bank....

 

[Big Dream$]

I dont have any credit...but that $3,000 is a initial investment...


once I see that the product can be sold, then I would want more money....


it's a plus for me and the investor....it's good for me cause I can attract investors and it's good for the investor cause he doesn't have much to lose

 

[DAT DUDE DERE]

chile please...

 

[greygoose]

you haven't said anything about your idea or what this actually is.

EVERYTHING has potential of being the "next big thing" what separates your idea from others?

if i were you i would look into building credit in the meantime
but everyone is going to be reluctant if you dont disclose more about this idea

 

[OTG08]

lol, are you saying you can't save up 3k?

 

[Big Dream$]

you haven't said anything about your idea or what this actually is.

ofcourse I haven't....I'm obviously walking a thin line on being careful not to give out too much information....it wouldn't be smart for me to say what the machine is...


the info that I posted is the most important information that a investor would need...I gave you guys the basics....


that basics should be enough to peak investor's interest...

EVERYTHING has potential of being the "next big thing" what separates your idea from others?

aren't you guys reading what I'm saying....I talked about what seperates me from the rest under the competition section


and ofcourse everything has the potential of blowing up....but obviously I was talking about the likeability of blowing up


unless there's a product that *everybody* walking in this country(and the world for that matter) *needs* and that product is also *better then the competition* it likely isn't gonna blow

 

[Big Dream$]

lol, are you saying you can't save up 3k?

goddamn yall can't read? lol....that 3k is a INITIAL investment....

 

[greygoose]

ofcourse I haven't....I'm obviously walking a thin line on being careful not to give out too much information....it wouldn't be smart for me to say what the machine is...


the info that I posted is the most important information that a investor would need...I gave you guys the basics....


that basics should be enough to peak investor's interest...




aren't you guys reading what I'm saying....I talked about what seperates me from the rest under the competition section

the info that I posted is the most important information that a investor would need...I gave you guys the basics.... no. the investor determines what is important to the investor. you basically said "i have an idea, its gonna make money, the initial investment is 3,000, im going to need more money later, but right now i need money for this thing, which i cant tell you about"

yeah. good luck.
the only thing that you said seperates you from the rest is that you are broadband and they are dial up.

whether or not your product is an improvement is arguable and what makes you qualified to speak and make a statement about the "improvement."?

you havent said anything worthy. people want to know more. otherwise you should come up with the initial investment yourself and reap the benefits by yourself.

 

[greygoose]

goddamn yall can't read? lol....that 3k is a INITIAL investment....

yeah. and why cant you come up wiht the initial investment?
how much more would be required to "take it to the next level?"

 

[Big Dream$]

no. the investor determines what is important to the investor.

the info I posted up is important to EVERY investor...the info I posted is basic info


that's like trying to go to a bank to get a loan but not telling them your credit score

you basically said "i have an idea, its gonna make money, the initial investment is 3,000, im going to need more money later, but right now i need money for this thing, which i cant tell you about"

yeah I can tell him about it AFTER he signs the Non-Disclosure agreement...that's what a NDA is.....man, what's going on today, nobody is reading sh*t lol

the only thing that you said seperates you from the rest is that you are broadband and they are dial up.

you dont think that's a big deal? that means my product is more advanced then the competition....would you rather have dial up or broadband?

whether or not your product is an improvement is arguable and what makes you qualified to speak and make a statement about the "improvement."?

how can you say it's arguable without even knowing my idea?

 

[Big Dream$]

yeah. and why cant you come up wiht the initial investment?
how much more would be required to "take it to the next level?"

I have my own personal reasons why I can't come up with the personal 3k in the short term....


one of them is that I need a surgery....


as far as the second round financing, I dont have a requirement level...it's not like I need money for second round financing....


but I would want allot of money to get my idea to blow up fast....maybe around $10,000

 

[DAT DUDE DERE]

ive thought things through dawg.... i went on ahead and put the check in the mail

 

[gcat10]

It’s obvious that you really haven’t thought things through. I have two points to make.

target market = everybody

want vs need = it's a product that everybody needs

First, there is no such thing as a "product" that everybody needs and the target demographics cannot be "everybody." Stating that tells me that you have not done your homework. Two of biggest things going are Facebook and Wal-Mart. Shoot, they sold over $405 million of products last year. That means it is the biggest company (sales) in the WORLD. I can’t think of one person who doesn’t go to Wal-Mart. But guess what? There are huge sections of US market who doesn’t go to them. You can read one man’s take on this challenge that Wal-Mart is facing:

http://seekingalpha.com/instablog/4...mographic-challenges-to-stifle-wal-mart-sales

Even Wal-Mart realizes that they have markets to reach and you are telling me that you have a "product" that has the potential to more popular than Facebook or Wal-Mart? I have to call bullshit on that.

market acceptance = it's already accepted in the marketplace, it's already a huge industry, my product is a improvement

Secondly, you are assuming that best product in class will win out the market. Nothing is further from the truth. IE isn’t the best browser but it’s still the most popular. Apple Mac OS X is far superior to Windows but it’s still lagging behind in sales. HD-DVD was superior to Blu-ray, but BD won out. I could go on and on.

Yes, it’s painfully obvious that you don’t have any shred of business acumen. My suggestion is that you go to your nearest college and take some business classes. The fact that every post on your thread is convincingly negative, should tell you that your pitch is all wrong.

BTW, you shouldn’t belittle your future investors by telling them that they can’t read – you don’t need a MBA to tell you that, do you?

Good luck.

 

[greygoose]

wait. where is the cyba post?

 

[Big Dream$]

It’s obvious that you really haven’t thought things through. I have two points to make.



First, there is no such thing as a "product" that everybody needs and the target demographics cannot be "everybody." Stating that tells me that you have not done your homework. Two of biggest things going are Facebook and Wal-Mart. Shoot, they sold over $405 million of products last year. That means it is the biggest company (sales) in the WORLD. I can’t think of one person who doesn’t go to Wal-Mart. But guess what? There are huge sections of US market who doesn’t go to them. You can read one man’s take on this challenge that Wal-Mart is facing:

http://seekingalpha.com/instablog/4...mographic-challenges-to-stifle-wal-mart-sales

Even Wal-Mart realizes that they have markets to reach and you are telling me that you have a "product" that has the potential to more popular than Facebook or Wal-Mart? I have to call bullshit on that.

my product is a one dimensional product....there's many different factors that go into Wal-Mart


consumers might prefer more brand name clothes, there might not be a wal-mart near where they live at, etc


also, people dont need Wal-Mart and Facebook either....people need my product


and there's actually unwanted consequences to not using my product...

Secondly, you are assuming that best product in class will win out the market. Nothing is further from the truth. IE isn’t the best browser but it’s still the most popular. Apple Mac OS X is far superior to Windows but it’s still lagging behind in sales. HD-DVD was superior to Blu-ray, but BD won out. I could go on and on.

if you knew what my product was then you wouldn't use these as an example...


with those examples you posted up, webrowsers, hd, blue ray...all these products have different functions, different prices, some of these might only be compatible with a certain type of computer etc...there's many different factors that would make a consumer choose one over the other...


my product has one purpose, it's a one dimensional product....

BTW, you shouldn’t belittle your future investors by telling them that they can’t read – you don’t need a MBA to tell you that, do you?

I didn't mean to diss people...I only meant to diss the dude who I quoted when I said that....

 

[gcat10]

Now, I’m more convinced than ever that you idea is bunk. You are contradicting yourself throughout your posts.
For example:

once I see that the product can be sold, then I would want more money....

people need my product


and there's actually unwanted consequences to not using my product...

If your product is “needed” by the people and have unwanted consequences if you don’t use it, shouldn’t the product fly off the shelves? Why the reservation? You don’t need to test the market, just go into full production.

market acceptance = it's already accepted in the marketplace, it's already a huge industry, my product is a improvement

I have my own personal reasons why I can't come up with the personal 3k in the short term....
but I would want allot of money to get my idea to blow up fast....maybe around $10,000

If it only takes $13,000 to go “big” time, what makes you think that you can out maneuver the market leaders? You say that the industry is huge, meaning that the market leaders probably can throw $250 million dollars tomorrow in marketing and production costs and crush you in a second. Do you have a plan for that?

I’m asking because, on the side, I’m an angel investor who specializes in seed capital. So, I’ve heard quite of few “can’t miss” ideas myself. Of course, none of them turned out to be the next Google. Usually, I put enough holes into their argument to make their idea DOA. My examples are right on the money and the fact you can abstract the big picture out of it, troubles me. Keeping your stance, makes you the stupidest, most ignorant businessman on the planet or you have something. I’m curious to see what you think is the “best idea ever”. I don’t know if you know how the money game is played but no one asks for NDA. I will not sign one.

http://www.feld.com/wp/archives/2006/02/why-most-vcs-dont-sign-ndas.html
http://www.joedigitalblog.com/targeted-distribution/top-5-reasons-why-we-wont-sign-your-nda

If you still want to get this project off the ground, I’ll “listen” to your idea and if you’re right, I’ll fund your project.

PM if you want. Make sure your idea is in the form of business plan in either PDF or Word doc. Also a ten slide PowerPoint presentation summarizing your plan will be extremely helpful.

 

[Big Dream$]

If your product is “needed” by the people and have unwanted consequences if you don’t use it, shouldn’t the product fly off the shelves? Why the reservation? You don’t need to test the market, just go into full production.

it's still a start up, nothing is for sure...but sh*t, you might be right....I've thought about that too

but it's better to start off slow and safe though...

If it only takes $13,000 to go “big” time, what makes you think that you can out maneuver the market leaders? You say that the industry is huge, meaning that the market leaders probably can throw $250 million dollars tomorrow in marketing and production costs and crush you in a second. Do you have a plan for that?

I dont have to worry about that, my product won't be sold in a conventional way...


if my product was right next to them in the store, then I would get crushed...but it's not going to be....


also, it doesn't take $13,000....I just threw those numbers in there so the investor would know what type of money I expect from him...


I'm asking for around $3,000 initially to start the company and once we see that people are buying this product then I would expect more money...


like in the 5,000's and up....

I’m curious to see what you think is the “best idea ever”. I don’t know if you know how the money game is played but no one asks for NDA. I will not sign one.

I wont send one either

 

[gcat10]

I wont send one either

I guess you don’t want to change being broke - literally and figuratively – either.

 

[CybaCipha]

wait. where is the cyba post?

I thought the same thing then got a PM. I don't know why dude erased it, cause the shit I post is to help everyone.

3k seed money is easy to get if you put away a little at a time.

I'm not rewriting my whole post since its not important to dude. You guys can catch me in my CYBA THREADS!!!!!!!!!!!!!!!

 

[CybaCipha]

It’s obvious that you really haven’t thought things through. I have two points to make.



First, there is no such thing as a "product" that everybody needs and the target demographics cannot be "everybody." Stating that tells me that you have not done your homework. Two of biggest things going are Facebook and Wal-Mart. Shoot, they sold over $405 million of products last year. That means it is the biggest company (sales) in the WORLD. I can’t think of one person who doesn’t go to Wal-Mart. But guess what? There are huge sections of US market who doesn’t go to them. You can read one man’s take on this challenge that Wal-Mart is facing:

http://seekingalpha.com/instablog/4...mographic-challenges-to-stifle-wal-mart-sales

Even Wal-Mart realizes that they have markets to reach and you are telling me that you have a "product" that has the potential to more popular than Facebook or Wal-Mart? I have to call bullshit on that.



Secondly, you are assuming that best product in class will win out the market. Nothing is further from the truth. IE isn’t the best browser but it’s still the most popular. Apple Mac OS X is far superior to Windows but it’s still lagging behind in sales. HD-DVD was superior to Blu-ray, but BD won out. I could go on and on.

Yes, it’s painfully obvious that you don’t have any shred of business acumen. My suggestion is that you go to your nearest college and take some business classes. The fact that every post on your thread is convincingly negative, should tell you that your pitch is all wrong.

BTW, you shouldn’t belittle your future investors by telling them that they can’t read – you don’t need a MBA to tell you that, do you?

Good luck.

my product is a one dimensional product....there's many different factors that go into Wal-Mart


consumers might prefer more brand name clothes, there might not be a wal-mart near where they live at, etc


also, people dont need Wal-Mart and Facebook either....people need my product


and there's actually unwanted consequences to not using my product...












if you knew what my product was then you wouldn't use these as an example...


with those examples you posted up, webrowsers, hd, blue ray...all these products have different functions, different prices, some of these might only be compatible with a certain type of computer etc...there's many different factors that would make a consumer choose one over the other...


my product has one purpose, it's a one dimensional product....






I didn't mean to diss people...I only meant to diss the dude who I quoted when I said that....

I guess you don’t want to change being broke - literally and figuratively – either.

He can post a financial projection without posting his product.
He can post a marketing plan without revealing the product.
I don't understand all of the "secrecy" for a product that cannot be copyrighted, patented or legally protected. The people I've spoken to won't fuck with it.

I've gotten or helped get tons of money through grants and angel investors. If you can't come with some sort of evidence that this product has potential, you better off bumpin krills.

If I were to get you a meeting with some angels and you spittin the shit you spittin in this thread I would get thrown out.

NDA's are only signed by your legal team, investors (Once you prove that your idea is solid) and your advisory board/brain trust/think tank.

The problem is that investors/angels/etc have to protect themselves ... that is why they won't even look at your stuff if its not protected. There are some that will but good luck finding them.

An angel investor will see hundreds or thousands of ideas a year and the last thing they need is for someone like with a half assed pitch to sue them because they backed someone else with the same idea but had a better pitch and had their papers correct.

 

[Brother Blues]

Is it a Pet Rock kinda thing???....

Animal,vegetable or mineral?

Are you from Nigeria??

 

[Adam Knows]

H20 wireless...

 

[JustASista]

Why not pitch your idea to those angel investor websites, if you're so sure this is a no-loss situation?

As strongly as you feel about your product, you should really heed some of the advise in this thread, instead of getting defensive. Everything that was asked of you, were legitimate questions that potential investors would ask, yet you got upset. You should never burn bridges. The ass you kick today, may be the ass you have to kiss tomorrow.

 

[cooliojones]

This dumb ass fool, go get a job, quit begging people you don't know to fund something they have no idea of what it does.

You make Nick Cannon look smart.

 

[redemption]

This dumb ass fool, go get a job, quit begging people you don't know to fund something they have no idea of what it does.

You make Nick Cannon look smart.

In defense of Nick Cannon, dude has had numerous successes in Television, Music, Movies, was recently appointed Chairman of Nickelodeon, AND he married Mariah Carey... all before he turned 30. Sounds like a smart brotha to me

 

[playahaitian]

in defense of nick cannon, dude has had numerous successes in television, music, movies, was recently appointed chairman of nickelodeon, and he married mariah carey... All before he turned 30. Sounds like a smart brotha to me

true

 

[Sincere4L]

I'm so disappointed that this is the first post I read in this section of the forum. I had so much hope and then it was quashed.