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Free registration at the forum removes this block.My time is very valuable, so the fact that I take time to reply to you means I do actually care about your success on some level.
I'm going to quote you on exactly where you need to be more humble and honest. If you threw that pitch up on Kickstarter, people would think the exact same things I'm thinking right now.
"I have been a local celebrity since the age of 16 throughout my entire state.
I will be a famous performer in a few months, the first of my kind.
Since I’m just a college student and I work 16-20 hours daily on my company I don't have time for a part time job."
BS btw, unless you're skipping class. Also you must consider eating, showering, doing dishes, doing laundry work, otherwise that time schedule just doesn't work out.
It's not the thread or the idea that makes it controversial, it's your attitude. I'm not saying this to be an a**hole, I'm saying this because it's honestly what you need to hear to be successful.
Well I must say that you've shown that you can take a punch or two and still stand. That is commendable. Usually by now I get the "delete my account" email which happens after the person doesn't like what he reads.
How much of your own money have you put into this "company"?
Are you partnering with any venues, companies, people etc?
7k-14k is not a mind blowing amount of money, why is it so hard for you to raise this money, have you tried raising 1k at a time?
Are your performers well known? And why do you think the reason is that this has never been done?
How much of your company are you giving up for 14k?
I'm not looking to bash you in any way; I can see now you genuinely believe in your idea. I have a bit of a story to tell you though, and hopefully you will learn something from it.
I used to run a web/marketing agency, I was at one time the Senior Programmer, and despite it being total change of roles, ended up the Sales Director. I had big-name clients like Sir Paul McCartney, The Discovery Channel, anyway, you get the point - we were the kind of agency that consistently got approached by kids with big ideas, NDA's, and the offer of equity if we would program their stuff and help market it.
These kids didn't normally have much cash, and we strictly operated on a 'get paid' mentality, so we never to my knowledge took up a client in exchange for equity. If we truly believed in an idea, we would discount it, and at times we worked on paper thin profit margins just because the cause helped our brand, and was essentially an investment.
One day, these two kids walked in, and said they had been referred to us by one of our major clients. This client was a startup, and has done quite well, so I cleared out a chunk of my schedule, and decided to hear out their project.
First thing was the NDA, we just got used to signing these (and let me tell you from experience, they're worth sweet-F-all). They explained, that they were both DJ's, and had an idea for an online booking system for DJ's, so owners of venues could book and pay for DJ's. They said they would be using their 'fame' and 'recognition' to push it - but these kids had one difference, one had a rich dad.
His dad had given him 150k to pursue this dream, and said 'go for it'. I heard them out, helped them plan, and 3 hours later they walked out of my office 85k lighter (via staggered payments, but you get the point).
These kids had no respect for the money. They didn't try to negotiate, and as I'm not a swindling bastard, this was fine as I cut them a fair deal. But I knew for a fact that this lack of respect for the invested capital wasn't going to end well for them.
3 Months later, and their bill had further accrued, as they changed the scope of their work dramatically. They revealed they had been traveling the country going to gigs, trying to get DJ's on their beta version once it launched, and had blew through the remainder of the cash.
They had to go back to Daddy, ask for more money, and they got a bit more. It didn't last long. The end result was a lack of access to more cash, and a partially finished website, no user-base, and no capital.
The site is functional, I'm no longer associated with it, but it makes next to nothing, and has a small userbase, and doesn't have half of the originally intended functionality - for 150k, they could have revolutionised the industry.
The issue here is, these kids had ego's. They thought they were something special, and could do no wrong, and they had NO respect for the invested capital, and blew through it.
If someone was to give you money, would you be able to outline exactly where it was going to go? Why do you know you need exactly 14k, what is that based on? Have you allowed a buffer? Will you be paying yourself a wage out of this at all?
If you have no respect for the money (because it's not yours), and you think that your initial vision is the ultimate, and have the ego to think nothing could possibly go wrong - I believe you are doomed to fail.
/rant.
Something like this has never been done because what I am doing some people do not believe to even be possible. I am doing things that don't take someone open minded, it takes a visionary. Most of the steps I take in making this happen don't even exist to the public. This is why I know that people can try to steal my ideas, but no one can replicate what I am doing. If for some reason other big labels found out and even tried to do it, they would miserably fail. This is more than never been done before, this has never even been thought of.
Funny how this is a forum for people to come share their ideas and gain constructive criticism and support, yet when someone comes by with a radical idea, all they get is scorn and hate. A simple no, or not replying would be fine, but is it really necessary for everyone (including the founder of the forum) to comment ripping apart the user who started the thread?
There becomes a point when the forum becomes less beneficial and more a group of individuals who think they are better than everyone else and let their arrogance get the best of them.
A guy comes in creates his VERY FIRST post in which he asks for money, surrounds the post title in asterisks, toots his own horn calling himself a local celebrity, signing autographs and speaks of his overall awesomeness all the while providing little information on the idea and plan and you expect no one to judge and be skeptical...
Please tell everyone how someone should act in this instance..
Hes only asking for 14k but let me guess you arent opening your pocket book are you?
I'm at Foundation twice a week >.< haha But honestly, it's pretty small, bad layout, they just get really good artists to come perform. If you know about big clubs in Seattle or if you ever come here, check out Q on Capitol Hill. Just went there for BT and it destroyed Foundation in every sense.And yes, in Seattle, your best event is Decibel Festival. It's held in late September and has about 60 artists. These are the events that I will be doing in the future. And yes, that is one of the reasons I am not doing them now it costs a lot do. I also recommend that you go to Foundation Nightclub in Seattle as it is nationally ranked.
I'm at Foundation twice a week >.< haha But honestly, it's pretty small, bad layout, they just get really good artists to come perform. If you know about big clubs in Seattle or if you ever come here, check out Q on Capitol Hill. Just went there for BT and it destroyed Foundation in every sense.
View attachment 5328
Foundation Seattle -- I'm to the right of the striped shirt guy in the front.
SO, since you know of Foundation, you might know they are owned by a company called USC Events. USC is the company here that throws 4-5 massive EDM festivals with 10k-20k people, the ones that have 3 stages I was talking about.
I like USC events. They're doing Paradiso in like a week. Partnered with Live Nation. Hopefully it turns out good because Washington needs a leading EDM Festival with bigger national recognition. Seattle has some good events a lot of people have no idea.
Does your name happen to be Frank Rizzo? Because... every time I absorb your attitude combined with your sketchy description of your own background, you remind me of this clip around the 1:00 mark.
[video=youtube;ZXWo6jXmRO8]http://www.youtube.com/watch?v=ZXWo6jXmRO8[/video]
lmfaoo. if only that could be me, then life would be much simpler. And there's a difference between attitude and confidence, and a different between sketchy and discreet. But thanks for the video though, funny find.
Are you sure Q is on that list? Haha They're primarily a gay club who once in a blue moon rents out for a local promotion company's event. That's why it's such a treat when they open up their doors for a show like BT.
Ya man Paradiso is going to be amazing:
[video=youtube_share;NWCtUzNlIuw]http://youtu.be/NWCtUzNlIuw[/video]
I know so many people hitting up EDC this next week then going straight into Paradiso. I wish I could afford that much time out of my schedule right now haha >.<
I'm not sure if Washington could ever get national attention for their events. I mean dude, it's Washington haha. Paradiso does however have one of the sickest venues in existence, The Gorge.
I've gotten so off topic with this from my love of EDM haha. I promoted for a 16+ club and actually got my post-school entrepreneurial start in promotion as well. I remember going to these events when I was 17 and they were still 16+ (the big ones) and only 500 people would show up. The last decade has been an amazing transformation.
The difference is in perception.
I know plenty of guys that walk up to girls at a club with confidence, but get slapped for their cocky arrogance haha.
So are you going to be one of the thousands of posters that we get in here that come in with much fanfare and smack talk, and then go back to making my Subway sandwiches, or are you going to be one of the few that actually puts action behind your words?
I hope for the latter. Some things are going to happen along the way that will adjust your ego, so I am not concerned (for you) about that as life has a tendency to level those things out.
I am concerned though for you that with the small amount of money you are looking for, that you are looking for an "easy" path to something you should be able to easily do for yourself. Look internally. Help yourself. Stop looking for a handout. If you are as good as you say you are, than make this happen. You don't need anonymous strangers to come alongside you.
If you have even one of the high powered contacts you grandstand about, they would throw that kind of money at you. If you will turn $14k into $1m, surely you can make it worthwhile for someone in your circles to give you a chance.
This is not an investment forum, and people are not here to invest money in you. You will find a LOT of people here that will invest time in you if you take a give and take approach.
You're interesting. You're articulate. You are young enough to not know what you don't know, but if you can harness your energy into your own success (vs. looking for a handout from someone else) I think you have a shot at achieving what you set out to achieve.
I hope you hang around here. I hope you share with the people that come behind you your successes, and inevitable failures that come into play along the way.
I suspect you will bail when nobody gives you a free ride... but I could be wrong. I hope for your sake that you exceed your dreams, and that the Dom flows in your direction sooner than later.
So which is it? Someone will steal your idea or nobody can replicate my business. Inconsistencies will scare away any investors. They would call BS on you. Then the rest of your pitch will be questioned.
IMO, hiding your ideas from people is probably the worse thing you can do at this point. I bet if you actively spoke about your idea in your industry, and it was a good one that you would find someone willing to invest.
People have been asking, if you'd made six figures in the past say 2-3 years, why don't you have $14,000? This is another inconsistency that would tell me that you can't manage your money well. If you can't manage your money, why would I believe that you are going to manage mine better.
Replicate this..in the U.S. Money to be made but don't see it comparing.
Full Moon Party, Fullmoon Party, Koh Phangan, Thailand
https://www.google.com/search?gs_rn...sa=N&tab=wi&ei=WFHBUeLZGsux0AG49oHQDA#imgrc=_
its funny to read this thread without knowing what the starting post is about. lots of great advice from the usual suspects and lots of nonsense/excuses from the OP.
You are avoiding the key issue about your money managing skills. If you made 6 figures a year ago, there should be more then enough left to fund this project. Where did that money go, how did you manage to not have $14000,- after quitting that line of work only 6 months ago? It doesn't add up. Your stories are so confusing, did you earn the 6 figures 2-3 years ago, or when you where at the top of the end industry late 2012.
Also I would never invest in you, because you won't pay yourself. You invest in people, people that do not pay themselves turn sick and depressed, and hurt the project in the end.
Edit: I'm still not sure what I would be investing in, what is the actual business? SEO for promoting events I suppose? Every post leaves me so confused
Yeah. About 5 years ago. Pretty wild party.wow that looks fun. have you been there before? it would be cool to perform at an event like that with such a change in culture and environment.
You never know, I may not be the only person in the world who is capable, but I am the only who is doing it.
So "you are able" but refuse to do so. Instead, you are preaching to the choir about 14G.
The fact you claim you're able, but refuse to do the work tells me you want the red carpet laid out for you.
You don't want to work hard.
You don't want to do the dirty work.
You don't want to put in the time that a business requires.
You're looking for shortcuts.
You want $14G? A million dollar business? Do the time, get your 14K working a few weeks doing something what you hate. At least that will show that you have the humility to do anything to get the job done. That's the kind of partner I want; someone who isn't afraid of dirty work that might be considered below them.
If you want something bad enough, you'll do anything for it, including scrubbing toilets, flipping burgers, or mopping floors.
From what I read, that isn't you.
In that case "I'm Out" (But will be watching the trainwreck from the sidelines)
All of a sudden there goes your confidence. What happened to the "If for some reason other big labels found out and even tried to do it, they would miserably fail.", it sounds like you might think they have a chance. See the problem isn't your idea here. None of us know what it is. It's your writing which you must reign in to get people to listen to you.
You can come in very confident, to the point of cocky saying your the best and nobody but you can do this. That's fine. But you can't then say, I don't want someone to steal my idea.
You have way too fluff and nonsense in your posts. Re-read this again and explain why this paragraph matters to us.
"I have been a local celebrity since the age of 16 throughout my entire state. (Autographs and all) I have been in the nightlife industry since 15 and rose to the top of it as the #1 promoter in my state, throwing one of most successful events of the year 2012, on my own. Throughout these years I have made the connections and gathered the knowledge to make my company possible. Without my company, right now I am able to make six figures in the nightlife/entertainment industry but that isn’t what I want. "
Would we want to invest in you more because you are a local celebrity? No, because you aren't even going to be doing business in your area! So why mention this?
You are the #1 promoter in the state. Again doesn't mean much if you can't promote what you are pitching in your state.
You threw the most successful event in 2012. Did you make money from it? If not, how was its success measured? If so, why don't you have $14k?
You are able to make six figures, but don't want to that way. Why does this matter to us? Is this supposed to give us insight about your money making ability? That means nothing vs. I've made six figures in the past year promoting events.
You need to have substance in your pitch to make people listen. You can't just throw in non-related background and stories in hopes that it will improve your chances of gaining investors. They will see right through it.
Have you seen a Few Good Men? This line in the movie has stuck with me my whole life. Demi Moore objects to something in the court room, is overruled and then she strenuously objects.
[video=youtube;bOnRHAyXqYY]http://www.youtube.com/watch?v=bOnRHAyXqYY[/video]
"I strenuously object?" Is that how it works? Hm? "Objection." "Overruled." "Oh, no, no, no. No, I STRENUOUSLY object." "Oh. Well, if you strenuously object then I should take some time to reconsider."
I hope you're not here defending yourself because you still hope to land a deal. If you're still here at this point it's either because you're stupid or because you're willing to learn.
If you're stupid I have no words for you.
If you're willing to learn, then stop defending yourself and just learn. Click on the usernames of people giving you the advice, look at what they've done. Much of the advice I've seen is worth much more than the money you're asking for.
Find a way to MAKE the money you need. You won't have to give up any equity, you won't have to listen to anybody else's conflicting input, you can do what you believe in the way you know will work and make millions.
100K/year comes out to 8,333/month. So work for 3 months, and then quit with 24K in your pocket ready to set the world on fire with your business. It's 3 months of work, isn't that worth your dream? Isn't the 3 months of work worth the millions of dollars you'll be making from your company?
Stick around the forum, leave this thread alone, find the people who know what they're doing and listen in on the great advice being thrown out there. If you haven't read TMF yet, make that your #2 priority. #1 is making the call you need to make to get your old gig back. You can read the book at night when you're done working.
I'm guessing this is an old facebook account of his.
The photo he uploaded is MCRicoSuave.jpg and this is what you get by googling MC Rico Suave:
https://www.facebook.com/McRicoSuave
I'm guessing he's not the RicoSuave from the UK.
However, no one is taking the 'bait' and biting at this one...
What was your dramatic exit you keep talking about? Were you arrested?
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You just backtracked 10 fold and showed a side of you 10 times worse than your original post. Seriously, reread what you wrote.
But for real man, you're probably right. EVERY SINGLE PERSON is just getting the wrong impression about who you are. You're f***in famous and the coolest person alive and need $14k. I wish I was 1/10th as awesome as you.
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