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Game Store Update: Back from the Grave?
PwnDaddy | 9:32 AM on 12.11.2007 5 comments


Well, not exactly.

If you've been reading up, I've been fighting a never ending uphill shit storm with an entity known as 'The Banks". While my business plan is good, my buisness model clear, and having decent credit, I have been thwarted by what some may call a bullshit tactic (at least I do) of having no collatoral. I have nothing that they could sell should this not work out. I understand the implications here and it's importance, but it's still bullshit.

Well, I have found a private investor. Someone with the bank to not need a loan, and the desire to start a similar business. One problem:

I don't particularly like this person.

Now, I can be civil with him to be sure. But he is a raging fanboy of all things Sony (not that being a Sony fanboy has anything to do with it; fanboys in general make me want to eat a busload of small children). He is also arrogant, and really grinds on the gears after just a short few minutes of hearing him talk, let alone have a conversation with him.

So I am in a dilemma: do I give out HALF the company just to ever get it off the ground, and compromise a large number of plans and ideas just to ever see it liftoff, or do I suck it up and figure thing's out on my own? I know that if this happens, I doubt that he would be content to just be a partial owner (which is something I can deal with). I'm just not really sure on what I should do. Been doing a lot of thinking and praying on it, but I'm still not sure on this course of action.

Seeing as how I have a little bit of time to rearrange what I've got to show him, I'll just go and see what he thinks. If it's something I'm not cool with, we can call it off. And I'm not gonna show him all the stuff lest he be the third person to try and swipe this idea out from under me, just a taste. More info as I get it.



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5 comments | showing # 1 to 5
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king3vbo's Avatar - Comment posted on 12/11/2007 10:33
king3vbo
Tough call, fanboys FTL
Snaileb 's Avatar - Comment posted on 12/11/2007 11:17
Snaileb
Yeah, what king said. Giving up half your store? Can't you give him like, 49%?

Hey! Hire me! I'll work 24/7. You can start by chaining me to the Wii demo kiosk. No, really.
Upgrayedd's Avatar - Comment posted on 12/11/2007 12:31
Upgrayedd
Personally, I'd hold out for a less sketchy source of funding.

You don't want to get it started then watch this ass hat drive it into the ground.
Mason Rhade's Avatar - Comment posted on 12/11/2007 13:07
Mason Rhade
getting a business started is always the hardest part >.<

It's to bad you can't do some sort of profit sharing system. A lot of farmers do it out here in new mexico. Get a bunch of people do invest with the specific conditions that they have no say in anything, their only around for money and a share of the profits. By having say 8 people invest in small amounts you reduce the total cost burden by spreading it out. Once the business gets going you could then keep them on by allowing them a larger share of investment/profit or buy them out.
Just a idea and i'm pretty sure its stupid. On my third pepsi in about as many hours so I'm no longer thinking straight.

You could also sell body parts on the black market for money too... not necessarily your body parts too.
h3lios's Avatar - Comment posted on 12/11/2007 15:04
h3lios
i'd say wait. Fanboys ftl if they're going to interfere.
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