Greetings all,
First, let me thank you for your time, I'll try to be brief, but I'm not promising anything. :)
I have what I think is a semi-original idea for a side line business for myself that has the potentional to become a full time job. Unfortunately I have more ideas than cash at the present time. How does one go about attaining the neccesary revenues to start a business from scratch? Ideally I would like to find someone who has some discretionary funds that they would be willing to invest in my venture. Realizing that while there is no guarantee given, we could come to an agreement on a set percentage that they would have returned to them, upon which time our commitment to each other would be over. Am I dreaming? Is this too simple an idea? One person I have spoken to says that people are going to want to be buying a percentage of the business, but I do not want/need any partners, in my way of thinking I will be supplying 2/3 of the neccesary factors, the ideas and skills. The final third, the funds, should be self providing after the initial start up. Again, am I seeing this in too simple of a way?
Guess that's it, gang. Feel free to shoot my ideas full of holes, but I would prefer some constructive criticism on this matter. Either way, any and all input is greatly appreciated.
Regards, Jim C Roberts
P.S. Steve in Las Vegas or Lane in the PNW, you guys still hanging out here? Some reaccuring puter problems have kept me away for awhile, hope you are both doing well. JR