KRL...I have a question...

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  • RightHandMan
    Confirmed User
    • Jul 2003
    • 1694

    #1

    KRL...I have a question...

    These boards are laced with PRICELESS quotes about investing, and business how to's. Is it possible (long shot)you keep record of them or remember one in particular.

    Ive been looking for this one post you made in an "investors needed" thread. You explained to this guy, possibly kak_azn, certain ways to present a project. It was something along the lines of: ...getting the potential investor as excited about your project as you are, and getting the potential investor to live vicariously through the project. The investor invests because of the risk...and so on.

    I NEED to find this post that you made, but im having NO LUCK in my search...ive been looking for 3 days...heh

    Thanks if you can help...and thanks anyway if you cant
  • KRL
    Entrepreneur
    • Oct 2002
    • 31429

    #2
    I think I remember that post. I have 27K of them so its hard to find. I'll see if I can.
    If you would like to develop your domains, you can lease inexpensive foreign labor
    from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

    *** *** *** *** *** *** *** *** *** *** *** ***
    Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

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    • Dirty F
      Too lazy to set a custom title
      • Jul 2001
      • 59204

      #3
      Originally posted by KRL
      I think I remember that post. I have 27K of them so its hard to find. I'll see if I can.

      I think it was made before the one where you talked to your dogs through your mind and after the one where you saw ghosts.

      Comment

      • Chaldoray
        Confirmed User
        • Jul 2003
        • 2868

        #4
        Originally posted by RightHandMan
        These boards are laced with PRICELESS quotes about investing, and business how to's. Is it possible (long shot)you keep record of them or remember one in particular.

        Ive been looking for this one post you made in an "investors needed" thread. You explained to this guy, possibly kak_azn, certain ways to present a project. It was something along the lines of: ...getting the potential investor as excited about your project as you are, and getting the potential investor to live vicariously through the project. The investor invests because of the risk...and so on.

        I NEED to find this post that you made, but im having NO LUCK in my search...ive been looking for 3 days...heh

        Thanks if you can help...and thanks anyway if you cant
        what's your project?

        Comment

        • RightHandMan
          Confirmed User
          • Jul 2003
          • 1694

          #5
          Originally posted by Chaldoray
          what's your project?
          Why are you interested? (genuine question, not sarcastic)

          Comment

          • RightHandMan
            Confirmed User
            • Jul 2003
            • 1694

            #6
            Originally posted by KRL
            I think I remember that post. I have 27K of them so its hard to find. I'll see if I can.
            Your the man...

            Comment

            • FuqALot
              Confirmed User
              • Dec 2001
              • 3817

              #7
              Originally posted by Franck
              I think it was made before the one where you talked to your dogs through your mind and after the one where you saw ghosts.
              No offense but this is funny

              Comment

              • woj
                <&(©¿©)&>
                • Jul 2002
                • 47880

                #8
                Originally posted by Franck
                I think it was made before the one where you talked to your dogs through your mind and after the one where you saw ghosts.
                Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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                • Chaldoray
                  Confirmed User
                  • Jul 2003
                  • 2868

                  #9
                  Originally posted by RightHandMan
                  Your the man...
                  I might be interested if it's something i like, get in contact with me.

                  Comment

                  • amaze
                    Confirmed User
                    • Feb 2004
                    • 816

                    #10
                    I think it is this one

                    Originally posted by KRL
                    Basic Business Scruture:

                    Title page

                    This page should include basic information on the plan, including the name of the business and the name or names of the individuals who are submitting the plan.

                    Table of Contents

                    A table of contents must be included. This both conveys the organization of your thoughts and provides a map for the reader to help them access information quickly and easily.

                    Executive Summary

                    Description:

                    An Executive Summary should be clear, concise and convincing. It should be to the point and make you want to read more. The summary should prove credibility and contain at least the following information.

                    Specific criteria:

                    Briefly describe the following:

                    - Business strategy of the enterprise
                    - Products/services offered
                    - Identify the management team. Include description and qualifications, including past experience in the industry, and past successes that illustrate the abilities of the team members. (Fill this out in greater detail in the organization and management section)

                    Describe market size and characteristics

                    - Support the business' capability to reach the market
                    - Identify money or resources necessary to implement the plan
                    - Business sales and profits for at least three years or until positive cash flow, if longer than three years

                    Mission, Goals & Objectives Statement

                    Description:

                    A mission statement sums up the values, purpose and vision of a business in a focused statement(s). In addition, this section can address future goals and strategies for attaining them.

                    Specific criteria:

                    - Provide the mission statement for the organization and philosophy of how it will do business
                    - State what the business does to attain its internal measure of success and serve the customer
                    - Identify the long term goals and direction for the business
                    - Lay out a realistic and thorough timeline for attaining its goals

                    Background Information

                    Description: This section primarily presents the industry in which the business operates. It could also include information about its stage of development and general growth strategy. It should address all of the following items that apply.

                    Specific criteria:

                    - Past and present industry trends that affect the business
                    - Insight into where the industry is heading
                    - Economic, social or political trends that affect the business' industry
                    - Indicate the current stage of development for the business development
                    - Financial backing already received by the business
                    - Outline a growth strategy
                    - Organization and Management


                    Description:
                    This section should contain the business' legal form of ownership. This section should also contain information on the people and structures that will make the business run smoothly and successfully. It should address all of the following items that apply.

                    Specific criteria:

                    - Legal form of ownership (i.e. corporation, Limited Liability Company, sole proprietorship, etc.)
                    - The responsibilities and qualifications of its management team
                    - Highlight the strengths and weaknesses of its team
                    - Estimate a timeframe for hiring additional personnel
                    - Discuss the availability of workers needed for growth
                    - Include an organizational chart
                    - Explain the management hierarchy including the breakdown of responsibilities and job descriptions
                    - Outline compensation for management team and employees
                    - Discuss how records are kept, budgets and management controls
                    - Discuss an outside board of directors or advisors, if applicable, and the expertise they bring to the business

                    Product/Service Line

                    Description: This section should clearly identify what products or services the business will offer. It does not, however, need to give away proprietary information or trade secrets. It should address all of the following items that apply.

                    Specific criteria:

                    - Include an operations plan
                    - Identify intellectual property owned by the business (this will be key for most technology category entrants, though other businesses may need to address this, as well).
                    - If inventory is required for the business model, address inventory management and policies
                    - Clearly define what products or services the business offers/will offer
                    - Clearly define what benefit(s) the products or services provides to its customers
                    - Include information about seasonality of products/services
                    - Address patent or licensure issues, if applicable
                    - Indicate where the product or service is in its life cycle
                    - Where or when does the business anticipate future growth?
                    - Discuss any new or additional products or services
                    - Address suppliers and inventory management issues and challenges, if applicable
                    - Identify a unique niche or role that the products or services will fill

                    Market and Marketing Plan

                    Description:
                    The marketing plan usually identifies the markets a business intends to serve, its position within the market, and lays out a plan for how the business will reach its target market. The marketing section also analyses competitors and makes a case for the need and the competitive advantage of the enterprise.

                    Specific criteria:

                    - Market Analysis
                    - Clearly state the business' target market or customer profile
                    - Describe the size of the target market
                    - Target market information and assumptions should be backed up with research such as demographic information, statistics, etc. including sources for information. This can be research that the plan author does directly, in which case, the scope of the research should be described. It could also be research done by a third party, or a research firm that helps to prove the points in the plan, in which case, the source of the research should be cited.
                    - Address future trends in the business' target market
                    - Clearly define opportunities for growth within the industry
                    - Competitive Analysis
                    - Clearly identify the business' competitors
                    - State the business' strengths and weaknesses compared to its competitors
                    - Identify and discuss barriers to entry in the market
                    - Describe any opportunities to collaborate with competitors or complementary businesses for mutual benefit

                    Marketing Strategy

                    Include a marketing plan, including the following:

                    - A marketing timeline
                    - Marketing strategies and media choices
                    - Costs associated with promotional tactics discussed
                    - Outline of a marketing budget
                    - If increased volume is projected, address how the business will maintain production/quality levels to meet customer orders/demand
                    - Address a customer service plan
                    - Explain and substantiate the assumptions the business makes about its marketing strategies
                    - Describe how the business tracks or plans to track the results of its marketing
                    - Address and substantiate pricing of products or services
                    - Discuss position of business within the market
                    - Describe how the product or service is or will be delivered to the market
                    - Identify any opportunities for free advertising (public relations) of which the business may take advantage
                    - If business is not a start up (older than two years), is there a person in the organization designated to handle the marketing for the business?

                    Operational Plan

                    Description:
                    The operational plan describes the overall process that runs the business model. This is also where the business addresses succession plans or exit strategies for the current management or for the business as a whole.

                    Specific criteria:

                    - Describe the process by which the business operates. It isn't necessary to provide deep details of the operation, but to provide enough insight to the reader to understand the process and provide credibility for the plan and the projections made in it.
                    - If applicable, address the processing of orders and fulfillment
                    - Include milestones and an estimated timeframe for meeting them
                    - Identify exit strategies, such as taking the business public, buying out investors, or selling to another business

                    Financial Statements & Projections

                    Description:
                    The financial section gives the quickest summary of where the business is and where it wants to go. In this section, the business lists the financial requirements for launching or growing the business. The financial section is comprised of cash flow projections, financial statements and supporting financial information.

                    Specific criteria:

                    - Include a break-even analysis
                    - List assumptions made in the financials
                    - Ensure that most normal business expenses are listed and taken into account
                    - Include at least the following statements to illustrate the financial feasibility of the business:
                    - Income statements, by month in year 1, by quarter in years 2 & 3 and yearly for any following years, until the business shows a profit
                    - Balance sheet
                    - Statement of cash flows, by month in year 1, by quarter in years 2 & 3 and yearly for any following years, until the business shows a profit
                    - Make sure that assumptions from other aspects of the plan are incorporated into the financial assumptions
                    - Address the assets required to operate the business and how those assets will be acquired
                    - If the business model creates accounts receivables, describe the process for handling these
                    - Address the salary of the business owner, making reasonable estimates for both ranges and timeline for when he/she will start to receive compensation
                    - Financial backing already received by the business
                    - Describe the business' strategy to cover shortfalls in cash

                    Comment

                    • jonesy
                      Confirmed User
                      • Jan 2003
                      • 6688

                      #11
                      Originally posted by Franck
                      I think it was made before the one where you talked to your dogs through your mind and after the one where you saw ghosts.
                      0h shit
                      .
                      Shooting Bikini Girls

                      Comment

                      • KRL
                        Entrepreneur
                        • Oct 2002
                        • 31429

                        #12
                        Originally posted by amaze
                        I think it is this one
                        Damn you're good! Beat me to it. Hopefully that's the post he needed.
                        If you would like to develop your domains, you can lease inexpensive foreign labor
                        from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                        *** *** *** *** *** *** *** *** *** *** *** ***
                        Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                        Comment

                        • KRL
                          Entrepreneur
                          • Oct 2002
                          • 31429

                          #13
                          Originally posted by Franck
                          I think it was made before the one where you talked to your dogs through your mind and after the one where you saw ghosts.
                          OK, you made me laugh my ass off on that one.
                          If you would like to develop your domains, you can lease inexpensive foreign labor
                          from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                          *** *** *** *** *** *** *** *** *** *** *** ***
                          Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                          Comment

                          • jonesy
                            Confirmed User
                            • Jan 2003
                            • 6688

                            #14
                            Originally posted by amaze
                            I think it is this one
                            looks good but go to an agency/financial that specializes in writing business plans. it will cost you money but in the long run its worth it.

                            if your business plan is not put together correctly you wont attract the right investors.


                            nothing worse than an uneducated investor.
                            .
                            Shooting Bikini Girls

                            Comment

                            • RightHandMan
                              Confirmed User
                              • Jul 2003
                              • 1694

                              #15
                              no that isnt the one...the one im looking for is not about writing a biz plan...its about presenting your projects to investors...that is a great post though...

                              Comment

                              • RightHandMan
                                Confirmed User
                                • Jul 2003
                                • 1694

                                #16
                                one last bump

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