Quote:
Originally Posted by Farang
well, i did consider posting the whole project pivot plan (that name ties it all together perfectly) here on the off chance the right person would stumble upon this thread at the right time and maybe we could do business. but what are the odds considering today’s state of this community? the plan is awesome, it’ll work, and $50k is peanuts compared to potential profits.
it’s not 100% “white hat” but not something that could land anyone in prison though. still im sure i’d get shit from some on here, but am not too bothered.
im going to discuss this with someone in private first, then decide.
PS. i do need a business partner though, not necessarily for investment. someone with managerial experience would be great, well connected within the industry would be a plus.
thanks gfy!
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Nothing personal, but I think you’re repeating the same mistake.
About 10 months ago, you had what you genuinely believed was an outstanding product with significant profit potential. The only real obstacle was billing integration and the relatively small amount needed to cover the initial setup costs. In fact, many acquiring banks would have deducted their fees from future settlements anyway, but that’s beside the point.
What mattered was that the project had real potential, and the barrier to entry was approximately $1,500.
Fast forward to today: the project has been abandoned.
At the same time, you found the money to buy a BMW, but not the $1,500 needed to give the business a chance to succeed.
Now we’re having a similar conversation about another product with enormous potential. This time, the bottleneck is a $50,000 domain name. Without it, the project can’t move forward.
From an investor’s perspective, the logical sequence would have been different: invest the $1,500 into Project #1, make it profitable, use those profits to buy the BMW, and eventually generate enough capital to acquire the $50,000 domain needed for Project #2.
Instead, the pattern seems to be prioritizing consumption over investment.
On top of that, there always seems to be some legal, police, or personal issue disrupting progress every few months. Whether fair or unfair, that creates additional concerns about focus, stability, and execution.
The fundamental question is this:
If you’re not willing to invest in your own projects, why should anyone else invest in them?