View Full Version : How to get Capital for a Muse
boxmanboxman
07-21-2009, 05:55 AM
Hi I got my muse all set up. My business plan generates huge amounts of sales seldomly. Because of this fact my product requires huge amounts of capital to sell a product. With each batch ranging upwards to 2,000 units every six months at a cost of $50 unit. I just do not have it the resources necessary to deliver to my costumers; any ideas which could help my situation.
kamakiri
07-21-2009, 10:06 AM
You are aware that $50 x 2,000 is $100,000?
If you have a good plan, funding can be found.
But if the plan does not generate income, is the plan a good one?
boxmanboxman
07-22-2009, 08:05 AM
My business plan will generate income until I have reached my cap for costumers with broad and easy access to Wi-Fi, which at the moment is steadily growing but not quick enough to keep up with the current pace of sales.
I thought about contacting a venture capitalist, but a previous friend of mine had a bad experience with one in which a 60/40 split was made and my friend got the short end of the stick. Long story short the venture capitalist bought out my friend because startup costs nearly bankrupted him.
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