Forums: Discussions for entrepreneurs and small business.

Brian,

I`d start with the following questions:

1. Why will/should this business exist? (eg What problem will it solve?)

2. Who has the problem (need /want)?

3. What is our business model?

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Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com

Robert,

Thanks for your reply. I will try to address your points in order:

1. Why will/should this business exist? (eg What problem will it solve?)

All of IT is affected insofar as it devolves upon the behavior of electrons and photons.  

2. Who has the problem (need /want)?

AI & robotics are directly involved, insofar as the research opens avenues to robust machine vision/audition, etc.

3. What is our business model?

The possibilities alluded to above are so numerous that Google`s model seems best suited to promoting innovation on a number of fronts. (See "Built for Innovation," e.g., in the November 12, 2007 issue of Forbes.)

 

 

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Brian Flanagan http://wordassociation1.net/qcindex.htm

Ralph here,

I didn`t start this discussion thread; however, I did jump in with a question of my own as I found the information quite interesting.

I thought that I would let every one know that I have submitted an application with www.thesnaploan.com, as suggested by one of the forum members.

I will keep everyone posted on my status.

Ralph,

Please do post updates on this. I am very curious to know how it turns out.

BTW, you say you submitted an application. Do they require any application fee?

 

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

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com

Hi Robertj,

I have submitted my application with www.thesnaploan.com.  I am currently waiting to hear whether or not I get approved or not.  Things are looking good.

There is an application fee dependant on whether or not www.thesnaploan.com can actually acquire a loan for you.  If they don`t get you an approved loan, there is no fee.  By the way that fee is 5 points on the amount of money you burrow or are approved for.

Sure, no problem.

I did everything online.  On the homepage, www.thesnaploan.com, at the very bottom, there is a box asking you for your email address.

I filled out this information and received and email with 4 videos/steps to complete the application process.  The videos are short and straight to the point, not complicated at all.

I have been making my credit card payments on time with no delinquencies; so things look favorable for me.

Snaploan.com is an internet arm of a parent financial company based out of colorado.  However, their services can be utilized by all US residents.    They mentioned that even if your credit score is low, there is still a good possibility that you can get an approved loan.

According to www.thesnaploan.com, they use a different program for people with low credit scores who have no delinquencies or bankruptcies on the credit report in the past seven years.

Right now, I am waiting to find out if I get approved.  They claim in about two weeks.  I am right about that time now.  So, any day now I should be able to find out whether or not I was successful.