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I wont give up asking, crucial, where are your critiques members?

 
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katt33

posts: 484

Apr 01, 2007 7:01 PM ET    Quote  Report Abuse
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Please will everyone of you who reads the executive summary, which I submitted twice, give me your critique as to whether you feel if you were the investor you would want to proceed or not based on this summary.  I am feeling very disheartened that you are reading it, but not giving constructive, even if brutal, criticism.

Rumpelstiltskin

posts: 149

Apr 01, 2007 9:29 PM ET    Quote  Report Abuse
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Katt33

Please do not let a lack of response trouble you. I am sure there are many whom can give you a valuable opinion on this matter. Unfortunately, I`m not one of them; as I do not have the credentials to do so. It may not be a bad idea to search out the appropriate person(s) in The Marketplace". I am certain there is a competent member willing to help out.

PS.   It looked fine to me!

Keep On Katt!

Steve

posts: 921

Apr 02, 2007 10:32 AM ET    Quote  Report Abuse
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Katherine,

In a previous thread you said you paid $1,000 to have a business plan done professionally. Hiring someone to develop a business plan for you is like hiring someone to go to the gym for you. They get all the benefit and all you have to show for it is less money.

What in the world are you planning to do that you need a million six to cover you for two years? In another post you say you need $30K to startup. Which is it? Furthermore, there is no such thing as a business with no risk.

This may be seen by some as brutal but I see it as honest and constructive. A lot of your posts on SUN clearly indicate that you are a novice.  Nothing wrong with that. In many respects I am too, but I`m not seeking 1.6 mil in financing from investors in blind faith based on sales projections pulled out of thin air. Everything you`ve written here has been cached by Google and any investor would do a due diligence search and read what you`ve written.

In my opinion you need to quit shooting for the moon and just try to get over the fence. Have you ever heard about the owner of a chain of restaurants who started with a hot-dog cart? You need to follow the same model. Instead of a hot-dog cart it may be sales on eBay but you get the picture. Start small with the resources you have and grow. The $1,000 you already spent on a business plan would have been enough to get something going. Find another $1,000 and get your business started. I see that you live in New York city. I used to buy food from a cart outside the Brooklyn Navy Yard when I worked there. Sell your beauty products to people outside office buildings before and after work and at lunch hour. It`ll take longer than you`d probably like to get to where you want to be but that`s the way life and business is.

I hope this helps you. I don`t mean to hurt you but you need to hear the truth.
Steve2007-4-2 12:17:42


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katt33

posts: 484

Apr 02, 2007 2:16 PM ET    Quote  Report Abuse
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The marketing plan written professionally for me projects based on their 20 plus years of experience those figures of alomost $9.0 million.  I didn`t see it as pie in the sky, since these people have done infomercials etc... for a number of well sold products.  I have a backup project, which would take much less start up money and that one has no risk for the firm in terms of all we have to take care of is the promotion, as it is a turnkey business.  There is no need for insurance or even an office and it could be the lead in to other business projects with its` profits.  That would only require funds for promotions, as the turnkey venue takes care of everything else.  That is what I meant.
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