I work for a land survey company for close to 7 years now. I’m 57 old and married with 3 daughters. Two still live with us and one just got married in June. We are lower middle class and find the times we are living in pretty hard financially. We recently took our best car, 2009 Nissan to the dealer to have the timing belt replaced. It started rattling and potentially could come apart and thus destroy the motor. I always keep the car clean and in good working order, so I was very distraught when they gave me my car back with a motor that literally would burn 1/2 quart of oil on a 30mile drive. They ruined the motor and after getting 3 opinions from auto mechanics and talking to 2 different lawyers, I was left with the reality I just paid $3K for them to destroy our car. I could never win a legal battle or be able to afford a legal fight with Nissan. As of now, we have one car a pretty beat up 2012 Subaru.
I say all these because this experience and other losses around this time helped me come to a valuable realization. I have a lot of good business ideas and even started a few small businesses over the years. Furthermore, I had a couple of pretty big internet ventures. When I say big, I mean big potential. The problem has been the last venture sent me scampering away with my tail between my legs. It was maybe 8 years ago when I created a platform and business model that helped supply and demand to better integrate their needs. I had 2 partners, a financier, and the sales pro. Everything was going pretty good. Software development was moving along nicely. Then the financier guy tried to take control of the business. It was crushing, and after he was removed it became impossible to cover the costs. We were once offered $100k investment from a future customer after they heard the service offered pitch, at the time we didn’t need investment money. We decline the offer because the system/business logic we were selling had to be neutral for all customers. The $100k would naturally have come with strings, thus neutrality would be lost.
The valuable realization I had was I needed to do what I’m good at; I’m good at inventing, building strategy around internet concepts. I need to once again shack off failure and try to rise up out of the ashes, mostly stop being afraid! I would rather fail, then not trying! So, January 0f 2023 I started working on 2 ideas that I was tossing around in my head. In May, I determined the better of the 2 ideas and went all in. I work a full time job, plus I usually work 40-60 a week on this project. I have invested 100% of the cost thus far, close to $10k, which is a lot of money for our Family. I currently have a developer under contract, putting the finishing touches on a marketing animation video, researched data sheets for the database on both sides of the marketplace, all the strategy, legal, accounting, etc. I have a total of three people under contract until launch. Websites are also being built and much more.
I have enough capital to build and launch, I just don’t have enough to operate for the first month. I need 1 month and 2 people to make it cash positive, the overall business has very minimal expenses and the funds would enable a good push at the time of launch. The initial launch will be a soft launch to get any bugs and kinks out of systems.
The business logic is sound, and the market research conducted was very positive from both user groups. One of the best things about the business is its scalability and design that enables it to easily launch into new markets. This business has the great potential for success and there is an exit strategy if the right situation presented itself.
I wanted to tell you everything I could about me and the reason I am essentially begging for money. I stumbled onto this site by chance and I don’t really have any weighty expectations, but I do believe in Godly blessings and helping others. Maybe someone is looking to be a blessing or helping a struggling entrepreneur breakout. Thank you for taking the time to read my story and for your consideration.
Funding Allocation:
- $5000 – $7000 for 2 employees
- $2000 – $2500 for marketing material for launch/push customer acquisition
- $500 for operation cost
cash app: $RussKoz