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We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
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Could We Create a Business Together?
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JWD wrote:
Here is an easy idea we can all participate in.
We collectively write an ebook, "Insider Secrets from StartupNation Members." (Assuming Jeff lets us use his named trademark). the ebook can be compiled and sold on the SuN web site, all of our collective web sites, Amazon and any of our extended sites. We can each use our own viral networks to promote.
Anyone who has a "secret" they have learned can participate. All proceeds can be used to help fund the next "bigger " idea the group starts"
Could be fun, helpful, and generate some start up money or fund grants ,scholarships or other help for entrepreneurs.
this is an interesting idea....someone would need to spearhead the organization of the ideas and thoughts that would go into the book. What do you envision the price point to be for such a publication?
Are you capable of taking the lead?
Jeff
I have staff who could handle the organization and editing of the book (we publish an 82 page magazine every month).
If it is an ebook we could price from $5 to $10 and make it very affordable.
I would be happy to take the lead if you would sell it on your site.
JWD
This seems like it hast merit, especially if you`re willing to take the lead and you have the staff available to do the writing. What would you propose more specifically as the outline (table of contents) for the book?
Jeff
I love the book idea! What kind of topics and can we all participate?
CG
First let me tell you that I have a great deal of respect for your efforts and abilities. I think your desire to establish the title thread posts were a fantastic example of taking initiative. I only think that it was premature as we were heading into an elective process that will lead to an organized effort through a duly elected individual.
I apologize for the exasperation that came across in my earlier post. I saw a great effort made by you but my frustration arose in that such gathering of information will be best achieved through organization and structure. Only one thing must be considered at this moment.
Who is going to be elected Point Leader.
Soon to follow after that election will a collection of business ideas by the Point Leader. That will lead to another vote and then an organized business with the managment structure for that business. I can see you in one of those management positions. Your contributions continue to have my respect and I wish you nothing but the best. I hope we can continue forward and really make this thing start to hum.
Respectfully, ~Eric
appreciated Eric`s intelligence and sense of humor. I am, however, even
more impressed by his recently demonstrated leadership qualities and
the rare ability to diplomatically focus the energy of... shall we
say... overly exuberant team members.
I nominate Eric,
A diplomatic leader,
to be our Point Man
A good format for this type of book is the "Chicken Soup" books model. Every person that is part of the StartUpNation could be invited to submit their best "secret" in each catagory we offer. In the end you have a book of hundreds of "Inside Secrets" that we could all profit form, maybe sell some, and all contributors could be part of a published book. The community creates a community book thast helps the members of the community. It might also make money because the overhead is low.
Let me know what you need and if you will sell on Startupnation.com
Nobody should openly discuss the details of a novel business idea on this forum Especially if they feel it would compromise the business or release confidential and proprietary information.
Anyone with a business concept should establish direct contact (private message or email) with the elected Point Leader and issue a brief conceptual summary of their business idea. The Point Leader will, in turn, prior to release of a concept summary, have the concept provider approve the release.
All approved concepts will then be released for open review by project members and a reasonable deadline for business concept will be voted on and elections for management positions will follow.
After the management positions are filled, they must consider a secure forum for the exchange of information. Perhaps SuN can facilitate this. It would be nice if we could all stay close to our "home"
Many thanks to those who nominated me earlier for the Point Leader position. If there are no objections to my participation I will accept the nomination.
Voting will continue through the work week until the evening of Friday, November 3.
I agree re security.
This is one reason I have not said much here as yet as what is said here is available to the world.
My first suggestion would be we develop our own secure hidden Intranet and Extranet product and run this as if it were a company where everyone was in the same office.
See http://en.wikipedia.org/wiki/Intranet</A>
But to do this we have to elect a leader of the first stage and then we have the problem of that person getting information and idea overload.
Someone should be appointed point leader and he/she will most likely need assistants to screen the expected overload of communications from the team.
But first we need a secure environment. I do not believe this can be done on startup nation server.
Down the track in a secure environment we can discuss the legal and company structure.
needed from the rest of the group, however since some discussions here
seem to take
on a life of their own, I`d like to say that the staff of StartupNation
have demonstrated themselves to be very capable. I`ve heard Rich
discuss the benefits of an extranet, so I`m sure they have that
capability. It all depends on how much staff effort and server capacity
they are willing to commit to a separate venture. Until these details
are worked out all confidential communication should be off forum.
Personally I`m dying to hear Eric`s great business idea.
Anyway, we have a ton of options and plenty of people available who know how to make them all happen. Let`s not worry about this detail right now.
Steve2006-10-30 6:45:36
Just wanted to remind everyone of the Point Leader Poll, Vote Now!
?TID=2399&PN=1&TPN=1&RN=1
For instance, I currently have a business that was developed to survice an $11 trillion market. That market is the $11 trillion in consumer debt that needs to be eliminated. If you can do that without changing a person`s lifestyle, you save thousand of dollars in interest. We teach a New Way of Thinking with new methodolgies and systems for handling money.
To facilitate this process I have developed a virtual company for the processing or distribution of our Mortgage/Debt Reduction Plan or M/DRP.
I bring this up because this same virtual office structure used for M/DRP distribution can be used for other products, concepts or ideas that can be distributed through the tremendous process of word of mouth and team building. Keep thinking outside of the box. Don`t limit the possibilities to just the internet. The internet is the backbone, but it allows us to go beyond even its boundaries.
Our virtual office allows us to process, collect money and distribute money to the producers in an almost hands off system. It is a system like nothing I have seen before in the ability to track production and processes and to allow the company to grow without walls. This type of a structure sounds like the structure that needs to be implemented in order to process, track, pay, distribute, etc. and to have an ever expanding business without overhead costs associated with a centralized company, yet as well connected as if everyone is working in the same building. It does not matter as to location of personnel, etc.
When we come to the point we are truly talking about distribution, we can consider the applicability of a product or products that would lend themselves to this type of envirnoment. I would then be happy to help set up a virtual office with unlimited capacity for team building, distribution, processing, collection of dollars, distribution of money, etc.
Keep it up - it is headed in the direction that can have tremendous results.
to become the "Delaware of the West" . Delaware is
historically very friendly to businesses and Nevada`s recent (past 10
years) legislation has brought it up to par with many of Delaware`s
statutes. The additional challenge/benefit is that there is
little to no case law interpreting the recent Nevada legislation so it
is difficult to predict what happens if an entity is sued. The
benefit is that the statute is open to interpretation, particularly a
pro-business interpretation. The key is to really understand what
you want and the mechanism used to get there.
Additionally, there are other advantages to an LLC above and beyond the
tax structure. For example, an S corp and an LLC can both have a
pass-through tax structure, but the S corp has limits on both the
number of shareholders and the citizenship of shareholders. There
are also privacy benefits (at least in Nevada) depending on whether you
pick a manager-managed or member-managed.
The bottom line is to understand where you want to go and to understand the mechanism of getting there.