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  • I don't want you to just watch and learn from me and take action.

  • I have a question.

  • I 1st 1 year ago, I came up with a business plan.

  • I can go to our business model okay to six months for coming to myself.

  • So I analyzed analyst because I'm an economics I was analyzing.

  • And now I'm pretty confident that I want to take my idea to the world.

  • So after analyst Asians, I came to know that I could $2 million.

  • So I wanna ask you one of the 1st 3 step for this plan to implement because you said 99% of the plan is to implement I 100% believed in this.

  • What?

  • My mighty So what are the 1st 3 steps to implement the plan?

  • I'll give you any indication.

  • Okay, So I invest in entrepreneurs through my company, dental ventures way find out to a $1,000,000 so often, I can tell you this young entrepreneurs come to me and they say, dead on me.

  • A 1,000,000 bucks.

  • I don't know why this but it's always a 1,000,000 bucks.

  • Okay?

  • They just pulled his idea both in there and then when I wouldn't sit down with her and I would say, Okay, you say a 1,000,000 bucks, we're gonna spend that on and tell him I'm gonna spend it on.

  • But then when I challenged him, I say you only a 1,000,000 billion bucks.

  • You actually need, like, 50 k to develop the minimal viable product to get it out there.

  • Because if the 50 k doesn't work, the two million doesn't work either, right?

  • It's development minimum buyable product.

  • And then get in the marketplace to get feedback.

  • Because whatever you think this party guests, you know you're gonna go through version 2345 not from your own research from the marketplace Feedback loop from the marketplace.

  • Now you improve it while you're selling.

  • So I like to challenge any entrepreneurs.

  • How can you make sure the idea self under that used to get out there getting some money coming in?

  • You improve it.

  • Get Get out, get out, Get in.

  • Get that going.

  • Not just I'm going for a couple of 1,000,000 bucks into it and see how it works.

  • But what if I come to you?

  • You and you are ready to convince.

  • I'm really confident that I can convince you from a business plan.

  • What is a condom of degree that I won't explain?

  • I have this big.

  • Flatly.

  • It requests three minutes.

  • So what do you think?

  • Has an entertainer and I reached fund raisers?

  • What?

  • Quantum Of the plans to the express them today Express them in total are today expressed 50% until the house is actually happening in this world.

  • No, you gotta pitch in the whole thing.

  • All the all the everything.

  • The first time I get them to sign an N d.

  • A helps, but it helps a little bit.

  • Non disclosure, Dan.

  • Second when you pitched the whole thing, but then you don't need okay, If you need a worried about If they steal your idea to implement, then don't you mean your idea's no good?

  • Because you are, dear.

  • Should be good enough that they cannot do it without you.

  • There certain aspects that give you the idea doesn't doesn't because you don't have this piece that I know.

  • You don't have this tack that I have.

  • There's something that you control.

  • They cannot do without you.

  • If you can pitch to somebody and they can copy in two minutes.

  • Then why does it tell you what?

  • How?

  • These two up to two years, right?

  • You need to have some aspects of control.

  • Then you can share all you want.

  • But he's my idea.

  • You pitch enough?

  • Some would say that's a crazy idea, but I like it.

  • I'm not gonna give you a 1,000,000 bucks, but I'm gonna give you 50 Kate, see what you can do.

  • That's what I'm talking.

I don't want you to just watch and learn from me and take action.

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B1 marketplace implement idea plan business plan pitch

How Much Money Do You Need To Start A Business?

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    林宜悉 posted on 2020/04/15
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