Forums: Discussions for entrepreneurs and small business.

Hello everyone, 

We are a new company, looking to finally incorporate and take the next step. We have been laying our foundation since 2008, examining all entry / exit strategies, risks, building our network, putting our management team together, and now we finally have all the pieces together. 

The industries of real estate and trading futures seem very risky to most people, and while nothing is 100% we have been trained for the past eleven months utilizing system trades that were taught by the author of ' Technical Analysis of the Financial Markets' and passed down to us. Our system has proven to be over 85% accurate while trading S&P 500 index via simulator. 

Between our knowledge in that aspect and real estate through numerous mentors, and other investors we do believe our company will be a great success while providing any investors a high ROI. However, as with most companies we are having trouble finding these angel investors to even invest a small amount (in comparison to major start-ups seeking 25 to 50k) of 5 to 10k. Realistically we only need this much, 20k being our cap. The business plan, executive summary, applications, contracts, financials, and licensing have all been set in place. We are only looking for one or two individuals to believe in us and allow us to reach our potential.

If you would like to review our plan and projected financials, please email me at your earliest convenience. God Bless.

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Larry D. Simmons, Jr. Co-Owner L.E.A.R Investments learinvestments@gmail.com

I'm sorry Larry, but your pitch is a complete disaster.

 

First off, if you have yet to incorporate, you’re not a company as of yet.

 

So, it took you three years+ “to lay your foundation” including “examining all entry/exit strategies”, which is just another way of saying, we are completely clueless about this business.

 

I’m not sure what you want to say with “between our knowledge in that aspect and real estate through numerous mentors, and other investors” but it sounds like we read a book, simulated a couple of trades using a free test trading account, and most of our insights are supplied by others. So, we’re open for business. It really begs the question, would do you bring to the table?

 

Despite my sincere doubts that $20,000 are hardly a sufficient capital base for running any type of business, let alone a real estate/future trading firm, don’t you think that it’s a bit of an oxymoron that you plan to manage “other people’s money” but have a hard time coming up with $20ks.

 

With that being said, how can you possibly set in motion all the “applications”, “licensing” and other stuff, if you’re not even incorporated? It just doesn’t make sense Larry.

 

Just another piece of advice, do away with the presumptions tone. For instance, you’re not co-owner of L.E.A.R. Investments because there is no L.E.A.R. Investments as of yet. Also, ditch “God Bless” unless you’re pitching to fellow church members.

 

Have you thought about getting an internship/job at a financial services firm to learn the ropes before venturing out there on your own? It’s simply a bad idea trying to build a business if you know nothing about it.

 

If you can’t be deterred, get a website and branded email. I don’t know anybody in the business, who still reads emails, allegedly coming from a professional, using a GMAIL account. I think this domain is clearly reserved for crooks and fraudsters working out of Nigeria. Don’t you think?

 

Good luck with your future endeavors!

 

 

Karl  

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Jackson Steiner
http://www.JacksonSteiner.com

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

That elevator pitch sounds like a scam.  I'm not saying it is one, but that's how it reads - vague promises of guaranteed high returns, assurances of some magic system to beat all of the other traders, etc.

You need to address both your credibility and focus on what information/technique your trading algorithm uses that supposedly gives it an edge.

As a final note, did you say that you actually studied with the author of that book (John Murphy)?  I find it hard to believe that if you spent years working with him AND had a venture that he believed would succeed that he wouldn't front you the money.  I think more likely, you just read the book. 

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Founder - Nineteen Ventures, LLC

Owner - TrailLove - The Best Deals on Outdoor Gear