Showing posts with label vistage. Show all posts
Showing posts with label vistage. Show all posts
Monday, May 5, 2014
Why No One In Their Right Mind would CROWDFUND
NEVER CROWDFUND
1) Equity Crowdfunding is a Felony.
2) Donation-based Crowdfunding is for Non-Pofits
It will only get you in trouble unless you are a non-profit. One of my friends is former SEC Comissioner and happens to teach Law at George Washington. The SEC & IRS send their attorneys to him for their continuing Ed Credits. Because they are his students, they tell him what's coming from their agencies.
A for-profit that accepts donations, must pay 50% in taxes to the IRS. This isn't being done. They are just letting that pile up and they are going to start levying bank accounts. They don't have to make any announcements because the laws have been on the books and KNOWN for decades.
KickStarter & IndieGoGo aren't culpable because they state in the agreements that you sign, that you are responsible.... but who reads those things, right?
Next, there is quite a bit of fraud in crowdfunding... people raise money, then never follow through. You only hear about the big wins but for each dollar that makes it for good, there are $42 that go down the tubes and taken out of the economy.
Would you like access to legal Capital Resources? Are you seeking the monies for other valuable resources for your business?
Consider CEO Space: The world's oldest, largest & most successful network for CEOs, Entrepreneurs and Visionary investors.
CEO Space is an entrepreneurial training and world class business networking organization, providing MBA-level training and development and an immersion experience of cooperation that results in income acceleration through exponential business growth.
Monday, May 2, 2011
Do you or somone you know, have a product for TV?
If you have products suitable for MASS MARKETS, we invite you to preview the NEW – MASS MARKETING BOOT camp featuring:
· Classes by Home Shopping HSN – Bob Circosta with private one-and-one work with your products
· My classes on capital ramp-up
· Tow Truck In A Box defining their strategy to reach 40,000 retail stores – that will take you along for the ride of your life
· Erin Saxton of the IDEA NETWORK on PR for mass marketing
· PITCH TANK SATURDAY EVENING – contestants are chosen from the boot camp
Bob Circosta will be hosting a Video Seminar this Thursday
We are making your product better. The content for CEO SPACE BOOT CAMP in May will be all fresh and new.
FOR CALL IN AND CODE INFORMATION, CONTACT Dave@GlobalCEOspace.com
Put CEOspace Boot Camp in the subject.
Kevin Herrington of ABC's Shark Tank, formerly taught this course with Bob Circosta.
· My classes on capital ramp-up
· Tow Truck In A Box defining their strategy to reach 40,000 retail stores – that will take you along for the ride of your life
· Erin Saxton of the IDEA NETWORK on PR for mass marketing
· PITCH TANK SATURDAY EVENING – contestants are chosen from the boot camp
5 May 2011, 8 pm ET
For those wanting to learn more and to get enough information to make a decision to go to CEO Space’s Mass Marketing May Boot Camp
May 17-19, 2011
May 17-19, 2011
Bob Circosta, as Chairman of the CEO SPACE BOOT CAMP is working very hard to provide a growing service standard of WORLD CLASS within each Boot Camp and to provide more value in each and every boot camp to the client account.
We are very excited about the May Boot Camp which will not only focus on TV and Home Shopping type of outlets for those seeking mass marketing for their products in our grad base and in new clients – but now with shelf space marketing connections and training – that was missing from the pilot program Boot Camp.
FOR CALL IN AND CODE INFORMATION, CONTACT Dave@GlobalCEOspace.com
Put CEOspace Boot Camp in the subject.
Kevin Herrington of ABC's Shark Tank, formerly taught this course with Bob Circosta.
Wednesday, February 2, 2011
Ground Hog's Day and your Business Plan
Puxatawney Phil has a very important metaphor for Entrepreneurs and their business plan....
If you lead with it, will you ever hear from an investor again?
Investors invest in the jockey, not the horse. Many self-proclaimed 'business coaches' and professors at business schools, teaching MBA candidates give what is perhaps the worst advice in the world: "to lead with a business plan." If they want to read a plan, they will ask for one. It doesn't work today, and it certainly was never that effective in the 'old school'. Fact is, some sent it to people they knew and it worked, so this then became the industry standard.
Very few so-called "experts" realize that VCs receive up to 40 plans per day... that's as much as 200 a week. They don't have time. If they added and looked at all the plans on line, that would add tens of thousands more. This is through no fault of the posters, they've probably never worked in VC or may not know many.
Few Entrepreneurs can even write a good business plan, so they end up looking worse. Too many plans matriculating and not enough hours in a day for investors to read them, spell doom and certainly is not a good first impression and you rarely - if ever - get a second chance.
Leading with a business plan is a waste of an opportunity, a waste of the time of the investor, and the Entrepreneur. It sends the wrong message. Don't get me wrong, will some investors read them before signing checks? Yes. Will they write a check before getting to know you? No. So why put your plan out there? It's like walking onto a used car lot and being told "Have I got the car for you" before the salesman says, "Hello." If you start by selling, you increase your chances for failure and practically guarantee it. If you can't raise capital, you can't get to the next level.
I get plans submitted to me just because I help people or because people know I write checks. The bottom line is that an investor is concerned with how they will get their money back and what is their reason for putting in the money.
Do you want your business to see it's shadow again?
All you really need are the following: Executive Summary, Projections and answer these four questions: Is there a market? What is the strategy to serve the market? Who is the management? Do I like you and do I believe in you? (You might call the last one two, but I see it as one whole, as do most who write checks.)
Chances are, you need other things than just capital. If you've read this far, and you are seeking to raise capital, then you'll probably be very intrigued in this You Tube Short: http://www.youtube.com/watch?v=gn64F3ysPvI
Dave Phillipson, CP
CEO Space
The World's Largest, Oldest & Most
Successful Organization for CEOs,
Entrepreneurs & Visionary Investors
http://www.GlobalCEOspace.com
Dave [at] GlobalCEOspace.com
http://DauntlessDave.blogspot.com
P.S. Those that know me, understand there's not much that gets me as excited as helping a fellow entrepreneur. I'm passionate about sharing my resources, knowledge, and elite connections in order to build business cooperatively.
I do this by receiving referrals from people like you. Who do you know that's a business owner?
If you lead with it, will you ever hear from an investor again?
Investors invest in the jockey, not the horse. Many self-proclaimed 'business coaches' and professors at business schools, teaching MBA candidates give what is perhaps the worst advice in the world: "to lead with a business plan." If they want to read a plan, they will ask for one. It doesn't work today, and it certainly was never that effective in the 'old school'. Fact is, some sent it to people they knew and it worked, so this then became the industry standard.
Very few so-called "experts" realize that VCs receive up to 40 plans per day... that's as much as 200 a week. They don't have time. If they added and looked at all the plans on line, that would add tens of thousands more. This is through no fault of the posters, they've probably never worked in VC or may not know many.
Few Entrepreneurs can even write a good business plan, so they end up looking worse. Too many plans matriculating and not enough hours in a day for investors to read them, spell doom and certainly is not a good first impression and you rarely - if ever - get a second chance.
Leading with a business plan is a waste of an opportunity, a waste of the time of the investor, and the Entrepreneur. It sends the wrong message. Don't get me wrong, will some investors read them before signing checks? Yes. Will they write a check before getting to know you? No. So why put your plan out there? It's like walking onto a used car lot and being told "Have I got the car for you" before the salesman says, "Hello." If you start by selling, you increase your chances for failure and practically guarantee it. If you can't raise capital, you can't get to the next level.
I get plans submitted to me just because I help people or because people know I write checks. The bottom line is that an investor is concerned with how they will get their money back and what is their reason for putting in the money.
Do you want your business to see it's shadow again?
All you really need are the following: Executive Summary, Projections and answer these four questions: Is there a market? What is the strategy to serve the market? Who is the management? Do I like you and do I believe in you? (You might call the last one two, but I see it as one whole, as do most who write checks.)
Chances are, you need other things than just capital. If you've read this far, and you are seeking to raise capital, then you'll probably be very intrigued in this You Tube Short: http://www.youtube.com/watch?v=gn64F3ysPvI
Dave Phillipson, CP
CEO Space
The World's Largest, Oldest & Most
Successful Organization for CEOs,
Entrepreneurs & Visionary Investors
http://www.GlobalCEOspace.com
Dave [at] GlobalCEOspace.com
http://DauntlessDave.blogspot.com
P.S. Those that know me, understand there's not much that gets me as excited as helping a fellow entrepreneur. I'm passionate about sharing my resources, knowledge, and elite connections in order to build business cooperatively.
I do this by receiving referrals from people like you. Who do you know that's a business owner?
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