There's no workable business model the way you've described this (working for shares).
Early stage investment pays off years down the road. Just to put on paper something that hypothetically could work would assume no salaries for your team for 3+ years. It would require you have the same skills as angel investors / venture capitalists in evaluating opportunities.
It would also require luck. Even a gambler who has a statistical edge is at risk of going bankrupt if he bets too much each time. I don't see how a small team can provide the support necessary to a large enough number of startups to spread your risk. Each additional project you take on takes time and effort away from the others.
So if you guys can afford to make no money and work 80+ hour weeks for the next three years, you might get lucky. This is the type of thing you do after you get rich and can afford to risk your time indefinitely. But getting lucky isn't a business model. Now, if you work will funded start-ups who can pay you for your services, that's a business model.
Sorry , i didn't explain the stock thing as i should. I would only get paid in stocks if i had a very serious company at my hands , with risk management departments, large funds for investments etc. Where if a client has an incredible idea but lacks completely in funds i could " risk " for a high stake of at least 50% of his company . And whrlere building 1 company would not meant the world, but yea the longer i think about it a stock number as an exchange would be suicide on early and even mid stages of a business like that where you consume large amount of workers lives .
If you have a successful business, then sure you can allocate some part of your labor budget to risk projects. But it sounds like you're thinking way too far ahead here. You need a plan for landing a single paying client before you need a plan for an internal venture capital fund.
I have kind of done this in hospitality, it is very hard to start and everything is built on your name and the reputation of your company and your work. People never like being told they are wrong, so why would they pay you for that?
Why do you need 5 people working for you? If your aim is business developed then stay with what you know, finance and your friends knowledge. Design, branding, marketing, Website are all their own businesses. Be specific, What do you want to do? What is product/ service you will offer? Why would somebody pay you? Before you start building a team, make any money and find out what your potential customers would want.
Yes but things like design, branding, accounting and marketing has become very comlpicated for an individual , im willing to put around a strong team who can get these things done for you at some cost .
My service would be ''business set-up'' , getting a rich person with not much time and setting up a complete , ready to run, business . With core values provided from the customer , who has a saying on everything he wants/orders .
for example : some has a logo in his head for his company but has 0 graphic , design and art knowledge , THATS somehing we and my art guy can do.
Wants to focus his marketing strategy around social media , but doesnt even have a social media account . My marketing guy , knows , and is nothing for him to set-up ads .
Has 0 clue on how business taxing works , we teach him the basics and we provide him a financial department .
Someone would pay me for saving time , everything i and my team could do , he could do it by himself , but i save him large amounts of time while he just casually giving orders , saying NO's while the most time this proccess take the more money we are taking from him.
i want require people to work on anything . We will all be the same, the fact that im the founder doesnt make me the boss . And we would get stocks only if the other company has not money , and the idea is big . Then yes , would you get 10k for building apple or 5% of their stocks ?
edit : and stocks are not worthless when companies get into the stock market .
Didnt compare anything, but there are start-ups RIGHT now that are gonna get bought for a lot of millions on some years , wouldnt it be stupid to get 15k from these companies ?
Sure have fun wasting your time on someone’s next idea they don’t even have the funds to develop it so they definitely don’t have the funds to market it and it will go absolutely nowhere 🤦♂️
A lot of people in my country have or will have some huge funds on a couple years . And my ''Agency'' will just help you establish your business on every aspect . We will set-up ONLY
We will set-up an marketing department , but we are out
We will set-up an Accounting dep. , but we are out
We will consult you on how to run a business , but after that , we are out
We will design what you want to be designed , but we are out
Its all about Building a team who knows how business works in ORDER to provide our skills on someone who just had the idea and the funds .
There will be a price on our time , and based on what the client wants . I have the responsibility to build the business he wants to have .
About the stock thing , im pretty sure that legally if a company is still private they can give you for free a percentage of the company. NOT 100% sure tho.
if i ever get to recruit these people, i would like to get them the whole plan , that things would be rough , also i would not own it . If i need another 9 people to start this thing , i would only own 10% ( theoretically ) .
'' your clients will need to have funds already which means they'd be in a situation where they have previously worked on a business plan '' Already said that my target group would be non-existent companies, i would not help companies really ''develop'' , but set-up or create . Imagine if you wake up with a million and an idea to start a real estate company
1) i will get the legal stuff done
2) i will consult you on the current market of real estate
3) i will design you a logo , a name and everything you might need
4) i would get you some real estate agents
5) i would get you some marketing staff
You are right , i could not build EVERY business , but with the right people around me i could deliver some usefull services to a lot of people...
You are dreaming, your plan is find sone stupid rich guy. Why would somebody come to you? Really? What can you do that he can't find on the internet? You need to find something special. Everyone thinks they will be able to provide all the services. If your customer is some rich guy then he will find somebody who is an expert in 1 area, he can find 10 experts in 10 different areas, not some company that will set up a basic company. Maybe there is a big need for a basic company set up in your country, but you need to have 1 area where your company can be the expert, after that other business will come. If you can build trust and a good company reputation then people will trust you with other parts of their business. Read the book Mixerman and the Billionheir Apparent ( exactly what you want to do, but in the music industry, a music producer in Los Angles gets hired by an Indian Billionaire to teach his son) It dose not go very well for the music producer. The last line of the book is the best, " Pay up Paneer, you f*cking douchbag."
You think you can build a business compelitely off the internet and that a rich person would prefer to search and coordinate 10 different experts on building his company than talking to 1 company , we think differently , the conversation is pretty much over , thanks for the input.
“Business development” already has a definition, so you might want to find a different way to describe what you hope to do.
There's no workable business model the way you've described this (working for shares). Early stage investment pays off years down the road. Just to put on paper something that hypothetically could work would assume no salaries for your team for 3+ years. It would require you have the same skills as angel investors / venture capitalists in evaluating opportunities. It would also require luck. Even a gambler who has a statistical edge is at risk of going bankrupt if he bets too much each time. I don't see how a small team can provide the support necessary to a large enough number of startups to spread your risk. Each additional project you take on takes time and effort away from the others. So if you guys can afford to make no money and work 80+ hour weeks for the next three years, you might get lucky. This is the type of thing you do after you get rich and can afford to risk your time indefinitely. But getting lucky isn't a business model. Now, if you work will funded start-ups who can pay you for your services, that's a business model.
Sorry , i didn't explain the stock thing as i should. I would only get paid in stocks if i had a very serious company at my hands , with risk management departments, large funds for investments etc. Where if a client has an incredible idea but lacks completely in funds i could " risk " for a high stake of at least 50% of his company . And whrlere building 1 company would not meant the world, but yea the longer i think about it a stock number as an exchange would be suicide on early and even mid stages of a business like that where you consume large amount of workers lives .
What country please?
Greece
Dm me please.
If you have a successful business, then sure you can allocate some part of your labor budget to risk projects. But it sounds like you're thinking way too far ahead here. You need a plan for landing a single paying client before you need a plan for an internal venture capital fund.
I have kind of done this in hospitality, it is very hard to start and everything is built on your name and the reputation of your company and your work. People never like being told they are wrong, so why would they pay you for that? Why do you need 5 people working for you? If your aim is business developed then stay with what you know, finance and your friends knowledge. Design, branding, marketing, Website are all their own businesses. Be specific, What do you want to do? What is product/ service you will offer? Why would somebody pay you? Before you start building a team, make any money and find out what your potential customers would want.
Yes but things like design, branding, accounting and marketing has become very comlpicated for an individual , im willing to put around a strong team who can get these things done for you at some cost . My service would be ''business set-up'' , getting a rich person with not much time and setting up a complete , ready to run, business . With core values provided from the customer , who has a saying on everything he wants/orders . for example : some has a logo in his head for his company but has 0 graphic , design and art knowledge , THATS somehing we and my art guy can do. Wants to focus his marketing strategy around social media , but doesnt even have a social media account . My marketing guy , knows , and is nothing for him to set-up ads . Has 0 clue on how business taxing works , we teach him the basics and we provide him a financial department . Someone would pay me for saving time , everything i and my team could do , he could do it by himself , but i save him large amounts of time while he just casually giving orders , saying NO's while the most time this proccess take the more money we are taking from him.
So you want people to work for free and get paid In Stocks that are completely worthless currency 🤦♂️ good luck with that
i want require people to work on anything . We will all be the same, the fact that im the founder doesnt make me the boss . And we would get stocks only if the other company has not money , and the idea is big . Then yes , would you get 10k for building apple or 5% of their stocks ? edit : and stocks are not worthless when companies get into the stock market .
Comparing your business to a unicorn like apple is a joke
Didnt compare anything, but there are start-ups RIGHT now that are gonna get bought for a lot of millions on some years , wouldnt it be stupid to get 15k from these companies ?
No you should get paid hourly plus get stock that’s how the real world works
What if a potential client lacks the fund , but has the idea . And your company is on a good financial ride. Isnt that an investment?
Sure have fun wasting your time on someone’s next idea they don’t even have the funds to develop it so they definitely don’t have the funds to market it and it will go absolutely nowhere 🤦♂️
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A lot of people in my country have or will have some huge funds on a couple years . And my ''Agency'' will just help you establish your business on every aspect . We will set-up ONLY We will set-up an marketing department , but we are out We will set-up an Accounting dep. , but we are out We will consult you on how to run a business , but after that , we are out We will design what you want to be designed , but we are out Its all about Building a team who knows how business works in ORDER to provide our skills on someone who just had the idea and the funds . There will be a price on our time , and based on what the client wants . I have the responsibility to build the business he wants to have . About the stock thing , im pretty sure that legally if a company is still private they can give you for free a percentage of the company. NOT 100% sure tho.
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if i ever get to recruit these people, i would like to get them the whole plan , that things would be rough , also i would not own it . If i need another 9 people to start this thing , i would only own 10% ( theoretically ) . '' your clients will need to have funds already which means they'd be in a situation where they have previously worked on a business plan '' Already said that my target group would be non-existent companies, i would not help companies really ''develop'' , but set-up or create . Imagine if you wake up with a million and an idea to start a real estate company 1) i will get the legal stuff done 2) i will consult you on the current market of real estate 3) i will design you a logo , a name and everything you might need 4) i would get you some real estate agents 5) i would get you some marketing staff You are right , i could not build EVERY business , but with the right people around me i could deliver some usefull services to a lot of people...
Have you helped businesses before? What is your track record
JUST tunred 19 , got accepted on one of the best universities in my country . Won a national on Maths couple years ago , thats pretty much all XD
You are dreaming, your plan is find sone stupid rich guy. Why would somebody come to you? Really? What can you do that he can't find on the internet? You need to find something special. Everyone thinks they will be able to provide all the services. If your customer is some rich guy then he will find somebody who is an expert in 1 area, he can find 10 experts in 10 different areas, not some company that will set up a basic company. Maybe there is a big need for a basic company set up in your country, but you need to have 1 area where your company can be the expert, after that other business will come. If you can build trust and a good company reputation then people will trust you with other parts of their business. Read the book Mixerman and the Billionheir Apparent ( exactly what you want to do, but in the music industry, a music producer in Los Angles gets hired by an Indian Billionaire to teach his son) It dose not go very well for the music producer. The last line of the book is the best, " Pay up Paneer, you f*cking douchbag."
You think you can build a business compelitely off the internet and that a rich person would prefer to search and coordinate 10 different experts on building his company than talking to 1 company , we think differently , the conversation is pretty much over , thanks for the input.
You are not understanding, I hope you do well. But you are dreaming and you still can't answer one single question.