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Need to find a way to get funding

 
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Determined9

posts: 2

Oct 16, 2007 11:09 AM ET    Quote  Report Abuse
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Forgive me if this is a silly question but how hard is it to learn to create a basic  "mini-game"
Determined9

posts: 2

Oct 16, 2007 11:10 AM ET    Quote  Report Abuse
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Forgive me if this is a silly question but how hard is it to learn to create a basic  "mini-game"
robertj

posts: 1458

Oct 16, 2007 11:59 AM ET    Quote  Report Abuse
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I do agree the 310k is a bit low, those were done on very preliminary numbers, in which marketing and insurance was not taken into effect and neither was software costs.

I know that hardware depreciates incredibly quick, but as far as becoming obsolescent I don`t believe it is as quick as many believe.  I have been working in the IT field for quite a few years, I am a software developer, and while Moore`s law is still in effect, gaming has not really been able to keep up with that.  Popular games such as Quake are still quite playable on older computers.  Video cards are still one of the main components and with video cards that have 1.5GB of GDDR3 ram in them, I do not see any video game pushing that limit for quite some time, especially because manufacturers are now weighing graphics vs bandwidth.  We are coming to a time where if the bandwidth isn`t there it is better to sacrifice graphics as to have a smoother game play.  Most games still run on 128MB video cards which are quite cheap to come by these days.

I foresee a profit before 3 years, but I do not see much of a return for investors, that is why I am leery and hoping to find something I am missing.  I know there are gaming cafes out there that are quite successful, so I assume I need to figure out what they are doing to be so successful.

Thanks,

Josh

Josh,

I think your best next step would be to gather more information about those other gaming cafes to see if your assumptions are sound. I would also suggest doing some "preliminary" market research.

 



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johnqh

posts: 113

Oct 16, 2007 6:17 PM ET    Quote  Report Abuse
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Josh...

I don`t get it - you want to have 20 computers but you expect each to be used for only 2 to 3 hours per day?

Then why not have only 5 computers and have each one used for 8 to 10 hours per day?

Sidneywah

posts: 17

Oct 21, 2007 1:41 AM ET    Quote  Report Abuse
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I wonder how practical it would be in today`s society to create a place for internet gamers to meet and play.

Bear with me here, but considering that computers and the internet are becoming more and more accessible each year.  I see it as an inconvenience to leave home just to talk games and play with other gamers online when you can do the same thing in the convenience of your own home.

On an entire different note, you did acknowledge several knocks that rang home for me. 

One of the biggest hurdles I faced as I tried to make my business a reality was how to convince a lending institution that my business would make enough money to repay the requested loan amount.  The bottom line is that I found out, in each attempt I made to acquire a small business loan, that collateral is one of the biggest setbacks most entrepreneurs and small business owner have to face and overcome. 

I found it very difficult to convince any bank that my home-based business could be a tremendous success, if I could acquire the resources I so desperately needed to get things on stream.  The fact remained that my efforts were fruitless.

I have used www.thesnaploan.com with success.

I couldn`t tell from this thread what the exact figure is you will need to start your business.  However, I do know that thesnaploan.com offers up to $500,000, 100 percent unsecured with a credit score of 675 or higher.

Perhaps, you could give them a shot.
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