BM misses the point #823482384! Yeah!
The key is PROVING right away to people that this thing can make money. I can make an engine in my garage that runs w/o oil. Boom, billionaires will be serving my drinks trying to court my business.
Dog and Pony shows are useless, unless you love powerpoint presentations, living in airports, and bullshitting people.
As long as they see $$ in your product - you can have them all bid against each other, hire a lawyer, hire smarter business people, and then let them get the best deal for you.
That's also how it works for Hollywood actors who come here with no education, and 5 years later - making $50 million/film.
The key point is: Proving in others mind, how they can make made money with this - and once that is proven - starting the dog and pony show to get the best deal possible. Oh and get the smartest and best on your side. THat's the point she has to focus on once the prototype is working and kicking ass. And the
hard part. I've already put her in touch with some personal biz owners to guide her, so I thihk she'll be okay.
And oh yeah, you're right. Once you've proven a successful business -- SELL IT! lol.
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I missed the point?
So you are telling me that you, Mr Razor Buffet, have close and personal friends that are willing to mentor (read invest countless hours of THEIR TIME AND EFFORT) this kyoot actress/inventor genius FOR FREE merely because she is kyoot AND your closest most personal friend?
You REALLY expect anyone with half a brain that is reading this to believe that fairytale?
How can you PROVE RIGHT AWAY that "this thing can make money" BEFORE it has made money?
Doesn't that sorta put you in the "how can I buy a car to get to work to make money to buy the car if you won't hire me for the job because I have no reliable transportation" or the "how can I gain experience if you won't hire me but you won't hire me without the experience" arguement?
The only way to PROVE RIGHT AWAY that "this thing can make money" is for your friend to MAKE MONEY RIGHT AWAY.
Right?
What about
HOW MUCH IT WILL COST:
1. TO MASS PRODUCE THE THING.
2. BRING IT TO MARKET (read = advertising).
^^^ That is the important part of the dog and pony show. You don't need to live in an airport for that shit. The potential investors want to know that shit UPFRONT.
Do the machines that will make this thing even exist? If they do, how much will it cost to buy/lease them? What about the space necessary to manufacture/store the product. Who will do the logo/labeling/packaging? What will that cost? What about the patents and other necessary legaleze/liability that is factored into the cost of doing business? How much will you pay your labor?
Who is your target market? How will you reach them and what will this cost?
You think that peeps will just volunteer this shit off of the tops of their heads because your friend has bewbies? To figure this shit out properly takes hours and hours of research and carefull planning. And even then, there is ALWAYS a margin of error and unforseen screw-ups that nobody thought of when it was all on paper. Watch the show "Pitchmen" LOL They showed a Canadian family that had a successfull business making machine parts for companies all over the world. But the dad had a dream to invent and manufacture his own gig. So he buys a patent for 2 million dollars. Then he invests another 10 million to have made and purchase the machines that will make the product only to discover that the thing did NOT WORK. So he has one of his sons start from scratch and redesign the thing. So they mass produce the thing, package, store it and approach some of the best in the business for marketing. But the product is NOT a *hit* even though it works. So 10 years and 15 million dollars later they are finally BEGINNING to recover some of their initial investment.
So the simple answer to your question is you take 15 million dollars and you can pretty much make ANYTHING work.
You know, for a dude who knows NOTHING about this type of thing you sure purport to know an awful lot.
Just sayin.
If your kyoot actress/inventor genius friend isn't to the "dog and pony show" then wtf kind of actress is she? NO ONE will open their wallets up to get this thing to market unless she has substantial data to back her claims all wrapped up in a compelling and pretty package (read = when will I get my money back and what percentage of the company do I get for how long for my initial investment). Otherwise she will be remanded to the heap of gobs of other ya-yaz with "ideas/projects/ideas" that "will make millions".
I already told you this is what my husband and I do for a living. We aren't *just internet* dumbasses that you can pick fights with because you are bored waiting for shit to download.
On second thought... yea we are.
Dance, I say DANCE!!!