NicksPizza
New member
I for one appreciate the sense of urgency and enthusiasm when you have an idea that is “can’t miss”. I had one when I opened my store in 2004. We did it on shoestring, had fairly quick sales increases, and we did it with local money borrowing. Actually an SBA micro loan.
I don’t doubt you believe in your concept and plan. What I ask you to consider is that the “track record” you keep mentioning is not with us, and is not based on a long-standing reputation with the people who read this forum. Asking for anonymous investment is a long shot at best from business owners here. We (many of us) are all strengthening our own businesses during the off cycle, working to stay viable in our own rights.
A new start-up with a “new concept” headed by someone who has no documented credentials presented, in a new city that we don’t even know about . . . that’s gonna take some trust building, and you can see that there isn’t much trust building up yet. We are generally a skeptical bunch, but we know business in various forms, and we know that a stranger with his hand out for money on an internet forum probably isn’t getting any success from local traditional lenders. Banks are gonna give far better terms than a random investor would expect. I think you will be able to generate some interest in your project somewhere, but just not with the limited info you have given, and not in this group.
I mean, really; how much cash on hand are you bringing to the deal? What’s the risk you have in the game? That small piece of information gives a lot of perspective to the conversation.
I don’t doubt you believe in your concept and plan. What I ask you to consider is that the “track record” you keep mentioning is not with us, and is not based on a long-standing reputation with the people who read this forum. Asking for anonymous investment is a long shot at best from business owners here. We (many of us) are all strengthening our own businesses during the off cycle, working to stay viable in our own rights.
A new start-up with a “new concept” headed by someone who has no documented credentials presented, in a new city that we don’t even know about . . . that’s gonna take some trust building, and you can see that there isn’t much trust building up yet. We are generally a skeptical bunch, but we know business in various forms, and we know that a stranger with his hand out for money on an internet forum probably isn’t getting any success from local traditional lenders. Banks are gonna give far better terms than a random investor would expect. I think you will be able to generate some interest in your project somewhere, but just not with the limited info you have given, and not in this group.
I mean, really; how much cash on hand are you bringing to the deal? What’s the risk you have in the game? That small piece of information gives a lot of perspective to the conversation.
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