If I donated the $2000 I would want atleast a 51% share.

If I donated the $2000 I would want atleast a 51% share.

 

That would make you majority owner of the company, nobody would give you that because it means you have decision control over everything.

Rest assured though, you would receive $2000 worth of shares that would be paid back in full (if you desire to sell them back to me) as soon as i can afford to. either when i get my inheritance or when the business generates it. whichever comes first.

That would make you majority owner of the company, nobody would give you that because it means you have decision control over everything.

Rest assured though, you would receive $2000 worth of shares that would be paid back in full (if you desire to sell them back to me) as soon as i can afford to. either when i get my inheritance or when the business generates it. whichever comes first.

The thing is, I wouldn't make the investment as a donation, but to engineer a profitable business. Me pouring this money in would be so that I would be a majority owner. 

The thing is, I wouldn't make the investment as a donation, but to engineer a profitable business. Me pouring this money in would be so that I would be a majority owner. 

 

Unacceptable. this is my company, not yours. that's not what I'm looking for.

Unacceptable. this is my company, not yours. that's not what I'm looking for.

What percentage would you be willing to give for 2k?

I will probarly invset some cash when I see a website or something.

What percentage would you be willing to give for 2k?

 

Originally i was going to work with 2 friends, they would each contribute $1000 & each would own 30% that was ideal because that would mean if one of them disagreed with me, I would still own 10% more than them, so my decision would stand, but if both of them disagreed, their decision would stand. But since you're talking about bringing $2000 yourself, i can't offer you the same scheme because i can't have you owning my company. The i would offer is 40% ownership that's 20% per thousand dollars, In my opinion, that is very fair. if you're genuinely interested in investing in my company we can deliberate more on the percentage over skype or via PM in the osbot chat.

I will probarly invset some cash when I see a website or something.

 

I have a website, but it's not finished yet, I just have to work out a bug with the account creation system, & finish adding the package information to the user side of the site..

Edit: if you want to see it, i can pm you a link if you promise not to release it to anyone else.

Edited April 6, 201411 yr by Maurice Moss

Originally i was going to work with 2 friends, they would each contribute $1000 & each would own 30% that was ideal because that would mean if one of them disagreed with me, I would still own 10% more than them, so my decision would stand, but if both of them disagreed, their decision would stand. But since you're talking about bringing $2000 yourself, i can't offer you the same scheme because i can't have you owning my company. The i would offer is 40% ownership that's 20% per thousand dollars, In my opinion, that is very fair. if you're genuinely interested in investing in my company we can deliberate more on the percentage over skype or via PM in the osbot chat.

 

I have a website, but it's not finished yet, I just have to work out a bug with the account creation system, & finish adding the package information to the user side of the site..

Edit: if you want to see it, i can pm you a link if you promise not to release it to anyone else.

I'll consider this and look at the market for your product.

Edited April 6, 201411 yr by Genii

Great idea man , good luck with that!

Great idea man , good luck with that!

 

Thanks a lot

Crowd funding?

How can you offer shares of a privately owned company?

 

Set-up a solid business plan and  I want concrete guarantees on return. I will fax you a contract for you to sign and everything if I do this, but I need to know your step by step plan and  how you're going to allocate funds.

A 2000 dollar investment will only warrant 40 percent of the company, which means you're placing a 5000 dollar value on your company that currently generates no substantial income?

Don't mean to be an ass but I have experience in security analysis and investing and I am just trying to be cautious and inform others as well.

If your giving out shares, you will need to undergo legal procedures to form your company and issue shares , etc.

Edited April 11, 201411 yr by clau5

Interresting! Good luck.

How can you offer shares of a privately owned company?

 

Set-up a solid business plan and  I want concrete guarantees on return. I will fax you a contract for you to sign and everything if I do this, but I need to know your step by step plan and  how you're going to allocate funds.

 

I don't actually own a fax machine, but if you email me the contract, i'll look it over and send you a photo of my signature,

You WILL get at the very least, any investment you make in me, returned in full. i'm looking for investments so that i can start up NOW instead of waiting to get my $10 000 inheritance. i can tell you publicly how your investment will be used,

in an ideal world, you'd be investing $2000 flat out, but i'm not expecting that. lol

here's how it will be divided.

step one, i'd buy a proper license to WHMCS so i don't have to worry about making payments to that anymore

$324.95 This would eliminate a $15.00/m charge

I'd also purchase the Live chat addon

$89.95 -one time fee

next i'd put money into my NameCheap account, so that Domain registrations will be done automatically,

the minimum for that is $50.00, but that's going to pay for it's self, since people buy their own domains.

Next i'd lease a dedicated server of my own for 6 months, Then i'd have to decide what i want to do, stay with reseller & just link my node, or move completely to my own dedicated server, Moving would eliminate a $45.00/m fee, but would mean i have to migrate my entire user base, re-install everything, etc etc, I'd probably do this though, because it's that much more independence.

I can't give an exact cost for this but it will be a large one. Lets say

$1200.00 - Remember this is every half year

 

this brings us to around $1664.90

that gives me 335.10 to "play" with meaning Advertisements, expansions, other small unexpected fees, I'd think about buying the Android app plugin for WHMCS so i can manage everything from my cell phone/tablet.

another thing i'd like to do at some point, is pay someone to do a really professional website, so the "Play" money mite be used for that as well

This would give me enough to genuinely start making real money out of this company, at the very least, it would pay my rents until i get my $10 000 inheritance, at that point, i'll pay off my student loan ($5000) and depending on how the company is going at that point, either pay back my inverters, or put the rest of it into the company (general expansion & advertisements) Basically, if you want your money back as soon as i can afford it, i'll give it back. If not, you can keep your stocks & potentially make more money.

Hope that eases your worry. Hope to hear from you, add me on skype at: watlingj1

A 2000 dollar investment will only warrant 40 percent of the company, which means you're placing a 5000 dollar value on your company that currently generates no substantial income?

Don't mean to be an ass but I have experience in security analysis and investing and I am just trying to be cautious and inform others as well.

If your giving out shares, you will need to undergo legal procedures to form your company and issue shares , etc.

 

Yes, i know this, Basically what i'd be giving out until i'm an actual registered company would be "IOU $X worth of shares" if that makes sense.. I know it sounds unprofessional, but give me some credit, I'm trying to do this all on my own, at age 19. I'm perfectly willing to admit that i don't know everything i should, but i'm trying my best to learn. If you're willing to explain a little bit about how companies issue shares according to how much they're worth, i'd be very appreciative.

& i'm not placing a $5000 value on my company, i'm just offering 40% ownership for $2000.

Edited April 11, 201411 yr by Maurice Moss