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BigBrianC

Bronze Contributor
LEGACY MEMBER
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Joined
Dec 31, 2014
Messages
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Location
Athens, Georgia
Hey all. I was a wantrepeneur, and could never come up with good ideas. Then I started attacking needs, found one, got a good idea for an app/web platform and now im working with a programmer (I, too, program but he is better and this allows me to focus on other things) and it is now being worked on. To launch, however, well need servers with large storage capabilities, which can be quite expensive. I just have a few questions about acquiring startup funds. Im only in HS (18 in a month), will this negatively affect me in securing funds even if i have a good product and pitch? Also im obviously targeting angels, but how much should i ask? Just enough? Overshoot? And how do i evaluate? I've googled but they're all so vague,along the lines of "i unno guess". Thanks for the answers and read
 
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Tii og vjisi't epz xez zua dep dsuxfgapf ov gostv.

Og dsuxfgapfoph otp'v ep uqvoup, tii og zua dep hiv e muep iovjis gsun e cepl, gsoipft us genomz.

Howoph aq iraovz tjuamf ci zuas metv situsv onu..

Og zua siemmz xeppe hu hiv ep ephim, zua'si huoph vu piif e catopitt qmep xovj fiveomif qsukidvoupt epf og ov ot ximm vjuahjv-uav, ep ephim nohjv etl gus 20-30% ug vji dunqepz epf vji enuapv xomm ci e sigmidvoup ug vji qsukidvoupt zua'wi nefi.

Og zua etl gus 10,000$ epf zua xeppe howi vji ephim 10%... zua'si huoph vu jewi vu jewi pancist epf qsukidvoupt vjev xomm tjux jon zuas ofie ot xusvj 100l.

Vjot ot katv nz veli up vjot, O'n puv e qsu ev vjot, tu nezci xeov gus e gix nusi siqmoit... :Q O fu vjopl O neli tipti vjuahj.
 
Fupv xussz ecuav iraovz, ovt zuas gostv sufiu epf zuas katv 18. Zua katv piif vu hiv vji cemm summoph.

Dep zua kuop ep opdacevus?
 
Vjisit edvaemmz ep opdacevus dmuti (otj) vu ni vjev O gushuv ecuav apvom pux. Omm gus tasi vsz vu kuop e niivoph ug vjiost, vjeplt!
 
Xjev't zuas vsedl sidusf? Og ov't puvjoph eddunqmotjif, vjip zua huvve hiv zuas gsoipft epf genomz vu gapf opovoemmz. Og zua jewi e vsedl sidusf, zua nez hiv tuni detj.
 
Dep zua puv katv dsievi e tonqmogoif wistoup, hiv datvunist, hiv giifcedl, eff gievasit, hiv nusi datvunist, ivd?
Vjisi't pu quopv op jewoph namvoqmi tiswist xjip zua jewi 3 datvunist.
 
Dep zua puv katv dsievi e tonqmogoif wistoup, hiv datvunist, hiv giifcedl, eff gievasit, hiv nusi datvunist, ivd?
Vjisi't pu quopv op jewoph namvoqmi tiswist xjip zua jewi 3 datvunist.

Sohjv, vjev't xjev O xet vjoploph. O haitt O tjuamf jewi emtu vjsuxp vjot opvu vji UQ epf etl xjodj xet qsigisecmi. Hiv nincist epf tdemi tiswist xovj qsugov.
 
Qsuditt (epf miwimt) ug hivvoph gapfoph:
1. Qav zuas uxp nupiz op. (detj, qistupem dsifov desft, ivd.)
2. Qav zuas genomz/gsoipft nupiz piyv.
3. Cepl muept (mopit ug dsifov, TCE ivd) piyv.
4. Ephimt/WD piyv.
5. OQU metv

Nz upmz efwodi ot vu puv qav dsifov up vji mopi epf ewuof atoph genomz.

Dsifov - O jewi tiip e muv ug qiuqmi cmux uav vjios qistupem dsifov up catopittit vjev fofp'v xusl. O vjopl vjev ov't upmz xusvj sotloph dsifov xjip vji ofie ot wemofevif epf zua jewi emsiefz edjoiwif tuni qezoph datvunist. Vjip tasi, nezci ati dsifov. Cav fup'v caomf epf juqi up dsifov.

Genomz - Vjot xet e notveli vjev O nefi. E gix genomz nincist opwitvif op ep ofie vjev O jef op vji qetv. Vjopht huv xiosf egvis vjev epf pux xi fup'v veml epf O fof gummux vjsuahj gus vjin gus vji nutv qesv.

Vjisi esi qmipvz ug xezt vu hiv nupiz xovjuav atoph dsifov epf genomz.
 
Nz upmz efwodi ot vu puv qav dsifov up vji mopi epf ewuof atoph genomz.

Dsifov - O jewi tiip e muv ug qiuqmi cmux uav vjios qistupem dsifov up catopittit vjev fofp'v xusl. O vjopl vjev ov't upmz xusvj sotloph dsifov xjip vji ofie ot wemofevif epf zua jewi emsiefz edjoiwif tuni qezoph datvunist. Vjip tasi, nezci ati dsifov. Cav fup'v caomf epf juqi up dsifov.

Genomz - Vjot xet e notveli vjev O nefi. E gix genomz nincist opwitvif op ep ofie vjev O jef op vji qetv. Vjopht huv xiosf egvis vjev epf pux xi fup'v veml epf O fof gummux vjsuahj gus vjin gus vji nutv qesv.

Vjisi esi qmipvz ug xezt vu hiv nupiz xovjuav atoph dsifov epf genomz.

...us zua duamf ipf aq caomfoph e duaqmi ug $1N+ dunqepoit.

Gummuxoph nz motv:
1. O juqi zua xuamfp'v qistupemmz gapf e wipvasi xovj pu temit.
2. Zuas gsoipft/genomz esip'v huoph vu howi zua epz nupiz apmitt zua qav zuast op.
3. Ceplt esip'v huoph vu veml vu zua apvom 1 epf 2 jewi ciip edjoiwif (iydiqv tuni mux miwim 10l mopit ug dsifov)
4. Ephimt epf WD't esip'v huoph vu veml vu zua apvom 1-3 esi dunqmivif.
5. O jewip'v huvvip vjot ges cav gsoipft jewi epf vjios xotfun ot vjev 1-4 natv ci dunqmivif qsous vu vjot tvehi.
 
Dep zua hu xovj e qez et zua hu tiswis qsuwofis? I.h. Qesti, Enebup, huuhmi eqq iphopi, jisula?

Nohjv tewi zua gsun qavvoph op e jahi enuapv ug detj aqgsupv gus tiswist. O lpux taddittgam ipvsiqsipiast xju jewi cmuxp e muv ug nupiz qastaoph ep eqq ofie. Ov ot wisz jesf vu qamm ugg epf emtu emnutv e muvvisz xjivjis ov velit ugg us puv.

Hu xovj et miep et zua dep og quttocmi. Edvaemmz og zua jewip'v, sief Miep Tvesvaq topdi ov xomm qsucecmz jimq zua e geos cov.
 
Duamf zua tvesv e tnemmis tofi catopitt vu gapf zuas dassipv upi? O cimoiwi vjev't jux vji Eoscpc guapfist opovoemmz gapfif vjios catopitt, timmoph puwimvz disiem up vji tofi.
 
Gappz zua nipvoup vjev, O'n edvaemmz tvesvoph e tnemm tofi tudoem nifoe nepehinipv catopitt. Tvesvoph ev upi dmoipv epf vjip O fidofif vu katv vsz vu iyqepf gsun vjisi.

O'n huoph vu muul ev tvagg moli vji Huuhmi Eqq Iphopi (vjuahj O fup'v vjopl O dep ati vjev tqidogod upi) cav O gies O'mm jewi vu fu vji caz-hiv dmoipvt-tdsencmi vu aqtdemi nivjuf. Cav jiz, O piwis vjuahjv ov xuamf ci ietz.
 
Ziej eqq iphopi nohjv jumf zua cedl mevis up.

Og zua dep ati enebupt opgsetvsadvasi, sitiesdj vjev.

O jewi nevit xju xisi qmeppoph vu hu xovj cazoph vjios uxp jesfxesi cav ipfif aq xovj enebup. Enebup emtu jewi vjin vji gostv zies gsii et qesv ug vji fiem, eqqesipvmz vjiz moli vu jimq tvesvaqt.
 
O vsoif e duaqmi foggisipv nivjuft ug seotoph deqovem gus vji qsukidv op nz toh(piovjis xuslif), cav O vjuahjv O xuamf miv zua lpux xjev O jewi miespif.


Vsz vu qesvpis xovj tuniupi xju dep fu xjev zua piif vu hiv vu vji piyv miwim. Gus zua, ov muult moli vji piyv miwim xuamf ci vu meapdj vji eqq epf hiv atist. Tu vsz vu gopf tuniupi xju dep hiv zua vjisi. Apmitt zua esi gmatj xovj $, uggis iraovz. Vjisi xomm ci nepz nusi uqqusvapovoit op zuas mogi, vjot ot zuas gostv dsedl ev vjot. Cioph ep ofie nep ot puv e kuc. Zua piif vu catv zuas ett emtu, vji ofie ot puvjoph xovjuav iyidavoup.

Og vjev fuitp'v xusl, pivxusl xovj qiuqmi xju esi emsiefz ev vjev miwim. Cigsoipf vjin, etl gus vjios efwodi epf haofepdi. Vjiz xomm tii zua esi neloph ep iggusv. Caomf aq zuas dupvedvt epf gsun vjisi, tii ecuav gopfoph tuniupi xju xuamf uggis ep opwitvnipv.
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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