My first inclination is always to try to look “for the next big thing”. As you will see from the rules below, these are going to be businesses that are mostly driven by sweat equity. It can not be a business that generates any revenue from advertising. Because I want this to be a business where you sell something and get paid for it. Im not promising I will definitely invest anything.
Rather than trying to be a Venture Capitalist, I was looking for an idea that hopefully could inspire people to create businesses that could quickly become self funding. I also expect that other people will steal the idea and use it elsewhere. The idea is not just to help you, but to figure out how to help the economy through hard work and ingenuity. If you dont make your numbers, the funding stops 6. Once you get the initial funding you are on your own 10. As I find businesses I like, I will use the email address you provide before you post to get in contact with you.
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Its easy to write about what the government or other people should do with our/their money. Businesses that just needed a jump start to get the ball rolling and create jobs. If you come up with the idea and get funding, you have a head start. You must demonstrate as part of your plan that you sell your product or service for more than what it costs you to produce, fully encumbered 7. I will make no promises that I will be available to offer help. There will be a standard agreement, you can take it or leave it.
It’s harder to come up with a course of action that I can undertake on my own that possibly, somehow could make a difference. Im a big believer that entrepreneurs will lead us out of this mess. If you execute better than others, you could possibly make money at it. Once I have done the standard agreement, I will post it here for all to see. Maybe it leads to great things, maybe it leads to nothing. Im not going to claim a minimum or maximum amount or total I will invest.
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They usually have a proven track record of helping other BM members (aka ' BMers') and have shown special dedication to the site.