Karridale Posted May 31, 2015 Share Posted May 31, 2015 Is there a such thing that can help get businesses started? Or is it just people trusting you will provide the percentage you promise to give? I am trying to start a business, and lindens are an issue for me. I need ways to get the money, and I am running out of ideas. Link to comment Share on other sites More sharing options...
Alwin Alcott Posted May 31, 2015 Share Posted May 31, 2015 here you find the one and only trustable investor... do it yourself https://community.secondlife.com/t5/English-Knowledge-Base/Buying-and-selling-Linden-dollars/ta-p/700107 Link to comment Share on other sites More sharing options...
Syo Emerald Posted May 31, 2015 Share Posted May 31, 2015 It doesn't work like that at all. There is no market for investment, because there is no real need for it. With the marketplace people don't even need land to sell products and usually those who think they can sell something, cover the initial investment they make (for example for texture upload) with the first or the first couple of sales they make. Also, there would be no security for the people who lend you money, that they will ever get any of it back. You could run away with it and basically nothing will happen. Link to comment Share on other sites More sharing options...
Muletta Posted May 31, 2015 Share Posted May 31, 2015 Karridale wrote: Is there a such thing that can help get businesses started? Or is it just people trusting you will provide the percentage you promise to give? I am trying to start a business, and lindens are an issue for me. I need ways to get the money, and I am running out of ideas. Hi Karridale You could try your luck in the Merchant-forum ... telling a bit more about your idea about starting a business, and that you are searching for partners with money to help you, might give a response there. You can never know, if you don't try :matte-motes-smile: Good luck.... Link to comment Share on other sites More sharing options...
Sassy Romano Posted May 31, 2015 Share Posted May 31, 2015 To attract an investor, you'd need to present a decent business plan which includes how much you need, how you'd spend it, what their ROI would be and in what timeframe. Document the risks and challenges or they'll find them anyway. The problem that you're most likely to encounter is that the barriers to starting a business in the first place are exceptionally low, the costs are tiny (my business started from L$1000 as that's all I had at the time and I wasn't in RL employment at the time either so dumping money into SL wasn't an option.) Similarly, if you come out with something fantastic, the barriers to someone else doing something similar are equally low, thus your opportunity to capitalise on uniqueness has to be seized rapidly in order to turn that ROI into something worth having. Say you wanted L$20,000 or $80 US, you'd have to be returning some serious profit to turn that into something that would cause an "investor" to even raise an eyebrow. Look at it another way, (old stats but...) most businesses, around 80% of them, take out less than $100 US a month. What are you prepared to give up of that to interest an investor? 50%? Is an "investor" going to get excited about $50 a month? I dunno, maybe people like to call themselves an investor when playing with the typically tiny amounts that are usually the case? Link to comment Share on other sites More sharing options...
Karridale Posted May 31, 2015 Author Share Posted May 31, 2015 Thank you, everyone, for the insight. I will take your opinions and suggestions to heart. I do have abusiness plan, but I feel like if I just share it with anyone they could take it as their own. I have come to a crossroads with this idea... Link to comment Share on other sites More sharing options...
ZoeTick Posted May 31, 2015 Share Posted May 31, 2015 NO Link to comment Share on other sites More sharing options...
Karridale Posted May 31, 2015 Author Share Posted May 31, 2015 Thanks hun. Link to comment Share on other sites More sharing options...
ZoeTick Posted May 31, 2015 Share Posted May 31, 2015 Well, you could always try to win a free lottery . . . Link to comment Share on other sites More sharing options...
Tamara Artis Posted June 1, 2015 Share Posted June 1, 2015 There is one giving away $L200,000 and the first round of applications opens today Link to comment Share on other sites More sharing options...
Spinwilly Saiman Posted June 2, 2015 Share Posted June 2, 2015 A SL version of 'Shark Tank' is a great idea. I want to be a shark. I will likely tell everyone that their plan stinks, it's not an investable business model because you will likely never make any real money here... good luck with that... you are dead to me. Next! Link to comment Share on other sites More sharing options...
Venus Petrov Posted June 2, 2015 Share Posted June 2, 2015 Wow. I guess the particle griefer next door has really soured your attitude. Link to comment Share on other sites More sharing options...
Spinwilly Saiman Posted June 2, 2015 Share Posted June 2, 2015 Indeed. Link to comment Share on other sites More sharing options...
irihapeti Posted June 3, 2015 Share Posted June 3, 2015 if i ever got into investing then I would want to know who my partners were in the RL then I would want all the RL things that go with this. Like paperwork, etc Link to comment Share on other sites More sharing options...
Facebook
Instagram
Twitter
YouTube
Flickr
Recommended Posts
Please take a moment to consider if this thread is worth bumping.
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now