I commend you for putting yourself out here and asking questions. But make sure you read carefully and try to understand what the other posters here are trying to say.
There were 2 important posts here that you missed in the beginning because instead of reading carefully, you chose to argue with people attempting to give you advice. If you read the earlier posts you will notice that you missed the following posts:
1) The guy that said he would consider investing after looking at your plan (don't know if it was a serious post, but I didn't see you reply to that post)
2) My initial post asking about your operations. I sell a very similar product and was once in your shoes, zero capital, big plans and no idea what I was getting into. Today I have 2 retail locations open that generates close to $50k a month in revenue each in the peak season, and I have a few investors that plan to open several locations with me. So i thought I could give you advice based on my experiences when I started my business a few years ago when I was 26 years old just like yourself.
I love giving advice to those who humbly seek, because I never had a mentor and I had to learn everything on my own. I am far from being considered a success. I still consider myself a learner and a newbie at business.
I think first you need to learn to take other people's advice and be as humble as you can. Like a few mentioned here, investors will pick your business plans apart and ask questions like "what gap in the market are you filling that starbucks does not?". Especially if you do not already have a successful concept up and running. The failure rate for a restaurant/retail is so high that chances are, the easiest money you will get is from your family and friends.
Also please remember that one of the best skills you can have as an entrepreneur is the ability to get along well with people. Another crucial skill to have is to raise capital
There were 2 important posts here that you missed in the beginning because instead of reading carefully, you chose to argue with people attempting to give you advice. If you read the earlier posts you will notice that you missed the following posts:
1) The guy that said he would consider investing after looking at your plan (don't know if it was a serious post, but I didn't see you reply to that post)
2) My initial post asking about your operations. I sell a very similar product and was once in your shoes, zero capital, big plans and no idea what I was getting into. Today I have 2 retail locations open that generates close to $50k a month in revenue each in the peak season, and I have a few investors that plan to open several locations with me. So i thought I could give you advice based on my experiences when I started my business a few years ago when I was 26 years old just like yourself.
I love giving advice to those who humbly seek, because I never had a mentor and I had to learn everything on my own. I am far from being considered a success. I still consider myself a learner and a newbie at business.
I think first you need to learn to take other people's advice and be as humble as you can. Like a few mentioned here, investors will pick your business plans apart and ask questions like "what gap in the market are you filling that starbucks does not?". Especially if you do not already have a successful concept up and running. The failure rate for a restaurant/retail is so high that chances are, the easiest money you will get is from your family and friends.
Also please remember that one of the best skills you can have as an entrepreneur is the ability to get along well with people. Another crucial skill to have is to raise capital
lol
