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OADesign

posts: 63

Aug 19, 2008 12:01 AM ET    Quote  Report Abuse
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An unconventional method to build an unconventional Business
So if you know anything about me, you know what I do. I am a Graphic Designer / Sign Builder / Web Content Producer. I have been doing this for over 14 years now. I currently work for a corporate franchise. I help Franchise owners learn about and build strong businesses. now its time to do the same for my self. My goal is to raise 300-500k to create my company. This is the first try at building capital. so initially i;m shooting for 25K.
What is this company? Well, in a nut shell, my company (we`ll call it "the firm" for now) Will be a sign company at its base. But with the latest technology in software and equipment it it will quickly become a multi-faceted advertising agency that can provide advertising solutions from concept to completion. Why did I choose to do it this way?
I have am all for the anti establishment movement. I have heard many horror stories about traditional lending institutions. I also do not want to lower my good credit rating by “shopping” around for a loan through the normal channels. Don’t get me wrong. I’m not some anti government anarchist. I just have a firm belief in community based industry like open source software, freeware and the barter system.
I also love this idea of thinking out side of the box.  I know, that old cliche phrase make me ill too because its soooo over used. But the truth is those with similar thought processes are now billionaires. Look at Larry Page and Sergey Brin, house hold names to some, the founders of google. Look at Jake Nickell and Jacob DeHart, the founders of threadless.com, a multibillion dollar tshirt site.

So you want to take part in the building of a dream and the creation of a revolution? Visit HelpMeFundMyStartUp.com and chip in. Help me bring this dream to fruition.

So the saga begins. Keep an eye on HelpMeFundMyStartUp.com for more details.

And please keep the comments coming (negative or otherwise). Though we here are just a small segment of the general public, it is public opinion that more often than not, makes or breaks businessesSo the saga begins. Keep an eye on HelpMeFundMyStartUp.com for more details.
OADesign8/19/2008 11:29 PM
OADesign

posts: 63

Aug 19, 2008 9:48 AM ET    Quote  Report Abuse
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And your comments are greatly appreciated also (negative or otherwise )

FastVentures

posts: 306

Aug 19, 2008 11:08 AM ET    Quote  Report Abuse
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Well, your post certainly deserves high marks in the creativity department.

From a professional business developer point of view; however, it appears that your idea of building an “unconventional”, “multi-facetted advertising agency” flavored with “open source software” and “the latest technology” is banking on buzzwords rather than a carefully though-out business plan.

Moreover, the fact that you are adopting a public profile on Fundable.com to solicit money from the general public suggests that you are not sufficiently aware of the limitations imposed by state and federal securities laws.

Sometimes, being unconventional can be dangerous.

If you are interested in reading up on the subject of what you can and cannot do when it comes to raising funds for your firm, please feel free to visit our website at http://www.insights.fastventures.com/is-bin/reviews/rev_01252008.php.

There is also a sample business plan and business planning guide available as a free download.

I hope this helps.


Mark


FastVentures8/19/2008 11:11 AM


-------------------------


Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com
OADesign

posts: 63

Aug 19, 2008 11:47 AM ET    Quote  Report Abuse
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Hi Mark and thanks for your reply.
 
I will read your blog post in its entirety, But I think I know where your going with this. I know there are laws governing this type of thing but. I wonder, how is this any different from standing on a busy street and asking the same? Or how does this differ from asking my buddy for 25k? Or asking 200 buddies for 20 bucks? I`m not offering any equity or stock or any thing so would there be legal issues with that?
 
Good though provoking tip Mark thanks!
FastVentures

posts: 306

Aug 19, 2008 12:37 PM ET    Quote  Report Abuse
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I understand where you’re coming from. Where’s the difference between panhandling at a busy street corner and doing the same on a website. Frankly, I don’t have the answer to this question, as from a legal point of view there shouldn’t be any. I guess it comes down to flying under the radar of state and federal regulators.

Asking friends and family for money is different though as I am sure you can claim to have a pre-existing relationship with your folks. As far as regulators are concerned this puts them into a position to judge your character and evaluate the risk of lending you money.

You raised another interesting issue. What is it that people get in return for their money on Funding.com? Nothing? I am not an attorney, but at the top of my head I can think of at least 2-3 legal theories based upon which both, you and Funding.com could be sued – and probably successfully so.


Mark




-------------------------


Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com
OADesign

posts: 63

Aug 19, 2008 3:45 PM ET    Quote  Report Abuse
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Well,
 
it seems that you did not take the time to read my collection. I am offering something in return for donations...
As FUNDABLE.com has been around long before I decided to use their services. So I would think they might have their stuff together. But i could be wrong. Oh and what is it that makes you think i dont have a business plan in place? And that this odd method is not but a small part of the madness?
 
Thanks for your input!
OADesign8/19/2008 8:02 PM
Staceyy

posts: 13

Aug 24, 2008 4:51 AM ET    Quote  Report Abuse
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I like your creativity and think this demonstrates how how creative your services will be.  Personally, I think you`ll attract investors.
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