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Fodder Chief
 
Group: Administrators
Last Login: 3/4/2008 5:30:47 PM
Posts: 179, Visits: 845 |
| | Thanks, Alex. We look forward to hearing back from you! Ben |
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| | | BabyFodder
Group: Forum Members
Last Login: 5/24/2006 12:56:45 PM
Posts: 1, Visits: 5 |
| Thanks to all - I'm new to this forum - just found it today when doing some research to help me out in my startup.
I have some real specific issues that I am dealing with. They are more in the area of now that I've found a potential candidate to partner, contribute sweat equity etc., how do I make it happen, the partnership I mean.
The scenario is bootstrapped an idea - over a 3 year timeframe with lots of personal sweat equity. Now I am ready to divvy up the pie but want some folks to prove themselves first as valuable partners.
So, I have a timeline to build a beta product (need resources to help with this) & also build a detail business plan, architecture & design for the big, scalable business while generating revenue from the follow-on beta product. Then go get some Angel funding to grow the business by developing he wrapper technologies, & acquiring more distribution partners (hotels in my case). Already have a LOI from a hotel group to be my first customer too.
So, is that enough info for comments please? If you need more input just let me know, but what I am after is suggested formulas for equity stakes, sweat equity investment that converts to equity stakes & agreement templates to get started in this real opportunity.
Also, want to make sure I do these relationships right so an Angel investor will not stomp on them & make the partner feel like there isn't a protected stake in the to-be-formed entity.
Thanks for any help you great folks can provide,
Marvin |
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| | | BabyFodder
Group: Forum Members
Last Login: 5/25/2006 7:19:18 PM
Posts: 4, Visits: 4 |
| | I agree that business partners are rare to find. I am researching the ecommerce of China, and looking forward to starting a eccomerce company in Beijing. However, none of the team members of my graduate school is going for the risk. I am seeing the next booming stage of ecommerce in China, as many things that can be easily done on the internet here in the States is not online yet in China. Like booking hotels, finding services, finding freelance, and etc. I am trying to open a service website in China, more like SERVICEMAGIC.COM, or HOTELS.COM, & ELANCE.COM. Do not know where to start, since I will be needing angel investors at a certain stage. Anyway, I am new here, and I am open to any good advice.
EcommerceChina |
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KinderFodder
Group: Forum Members
Last Login: 12/25/2007 9:49:42 AM
Posts: 7, Visits: 6 |
| | Hi, I am a commercial agent that can assist anyone starting a business or investing in a commercial venture anywhere in the USA. Your investment has to include commercial property of some kind, even if it is a business, a new startup idea, or other. There are many ways to passively or actively invest in commercial properties of all kinds. I am also available to help your organization move into bigger space, move into smaller space, expand, or sell our existing facilities anywhere in the USA My network of 4000 commercial agents that I work with at Coldwell Banker Commercial stretches all across the USA. I specialize in helping people find a good commercial agent that can assist them in reaching their goal, no matter what it is. Make sure that if you do sell any commercial or investment property, that you exchange it, instead of just selling it. This will save you about 25% of your investment gain in taxes. Feel free to check out my website. It has articles, RSS feeds, and news as well as reports about the latest cutting edge developments in commercial real estate all across the USA. www.ericstraatsma.com
ERIC STRAATSMA MS
MILI Group Inc.
Creating & Protecting Wealth
2033 Howe Ave Suite 160
Sacramento CA 95825
Office 916-286-7930
www.aaawealthbuilder.com
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| | | BabyFodder
Group: Forum Members
Last Login: 3/24/2007 4:03:24 PM
Posts: 1, Visits: 1 |
| | I am an MBA entrepreneur ready capitalized seeking partner with same. |
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| | | BabyFodder
Group: Forum Members
Last Login: 6/6/2007 12:34:29 PM
Posts: 3, Visits: 9 |
| | I absolutely get what you are saying, however in my world its not a quesition of finding motivated people but rather find someone or a company who are moved enough by my business plan to actually fork out capital... maybe I have been looking in the wrong place? |
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| | | BabyFodder
Group: Forum Members
Last Login: 3/27/2007 6:57:21 AM
Posts: 3, Visits: 5 |
| hi
so small to reply
but i think enthusiastic and balanced partner are more needed. u can have complimenting skill set but if u dont have tuning
then it is difficult to run a start up, as under pressure disputes will emerge
saurabh |
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Fodder Chief
Group: Administrators
Last Login: 3/4/2008 5:30:47 PM
Posts: 179, Visits: 845 |
| Yolande (3/24/2007)
I absolutely get what you are saying, however in my world its not a quesition of finding motivated people but rather find someone or a companywho are moved enough by my business plan to actually fork out capital... maybe I have been looking in the wrong place?
There are significant challenges with taking on a business partner simply because they are bringing capital to the table. Will they have the true passion for the business that you will? Will they act as a silent partner, or will they want a management role in the company? What happens if they don't share the same ideas about the direction of the business that you do? Any time you take someone's money, there are strings attached. These strings will become obvious at some point, and it won't be pretty. You first need to ask yourself if you can handle that.
Ben |
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