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Does anyone want to invest and start up KungShoes.com with me?
HondaCRZy
07-20-2014, 08:51 AM
I can email you my business plan.
Thank you
twitchyzero
07-20-2014, 02:33 PM
you could at least post some more info
Home (http://kungshoes.com/)
https://www.facebook.com/pages/Kung-Shoes/363487963790123
bluejays
07-20-2014, 02:48 PM
Is this a joke? :heckno:
jeedee
07-20-2014, 03:44 PM
that website layout :fuckthatshit:
Vale46Rossi
07-20-2014, 04:04 PM
http://iliketowastemytime.com/sites/default/files/best_animated_images_car_jump_in.gif
I would like to invest 100k.
TheSalesman
07-20-2014, 05:19 PM
There's a guy named Clement Leung that might be interested. :troll:
v_tec
07-20-2014, 08:11 PM
https://www.facebook.com/trevorl.chan/media_set?set=a.102394853284323.1073741825.1000054 14255076&type=3
https://www.facebook.com/photo.php?fbid=152616301595511&set=a.152615798262228.1073741844.100005414255076&type=3&src=https%3A%2F%2Ffbcdn-sphotos-f-a.akamaihd.net%2Fhphotos-ak-xpa1%2Ft1.0-9%2F988262_152616301595511_1465591218_n.jpg&size=179%2C240
http://www.revscene.net/forums/696872-mens-asian-professional-fancy-assorted-clothing-like-new-%24380.html
:fuckthatshit:
tiger_handheld
07-20-2014, 08:34 PM
21864
Dude you are not even a business major. Why the hell would I or someone else want to invest their cash with a CEO who has no business background whatsoever and are running a fashion business - one of most cut throat industries of all time.
This may sound judgmental but... I feel like you were one of those satellite kids who came here, went to UBC did the easiest program, came out with a BBA and now are out of a job so trying to make the best by trying to be a wantaprenure.
How many years did you lurk RS before coming up with http://emperorsden.createaforum.com/index.php .. those thread titles look so familiar..
twitchyzero
07-20-2014, 08:38 PM
repaired kung fu shoes builds character :ilied:
OP are you related to a past member named Spoonworks by any chance?
v_tec
07-20-2014, 08:39 PM
Where's the business plan for these two? :troll:
Home (http://applyfor-mortgagesonline.com/)
Home (http://emperorsden.com/)
......and a forum copying all of RS's subforum titles http://emperorsden.createaforum.com/index.php
Awesome threads you got started there... http://emperorsden.createaforum.com/relationship-forum/?PHPSESSID=9fb2958b28b1c914ccd343879cb64162
:fuckthatshit:
HondaCRZy
07-20-2014, 09:07 PM
Copy and Pasted> PM If you are serious.
Kung Shoes Company Business Plan
“Shoes with a kick!”
Executive Summary
The Kung Shoes Business concept was conceived to offer the world an Asian Made alternative to the already established, and popular Toms.com Shoe company that makes Kung Fu/ballet style shoes, and other types of shoes that are Designer/Custom, and Asian Made in Popular, Attractive colours in High Quality Materials (Ie. Leather, Suede, waterproof/breathable materials) that are available to Women, Men, and Children to use for dress, casual, and athletic purposes, which can be re-branded by large corporations such as Hugo Boss in the Luxury market, and Nike, in the athletic market segments.
According to StatisticBrain.com Footwear Industry Statistics, the footwear industry annual revenue is $48 Billion, employing approximately 188 888 people in 31 000 stores. The female market share is 40%, Men’s 35% and 25% other.
The Kung Shoes business will first establish as an ecommerce (drop shipping) site, with advertising available to businesses interested in benefiting from the website traffic, and brand image. Kung Shoes may possibly be in Mall Kiosks, Night Markets, Retail outlets and also offer an affiliate program on Commission Junction when resources are available to expand, and capitalize in these areas.
Objectives
1. To establish, protect, and grow a sustainable corporate business organization in Asia, to market globally by attracting top talent to serve in their respective executive positions, and manage in Accounting, Human Resources, Marketing, Operations/Manufacturing, Logistics/Supply Chain Management etc .
2. To employ, and build a workforce that is well supported and appreciated, while having fun every minute of work so they are able to provide excellent and memorable service so customers come back and share their experience with their family, friends, associates and colleagues.
3. To incorporate a Social Responsibility program through philanthropy similar to the Toms One for One concept but in a more practical, and economic way, while employing community service activities so employees feel that their work, and life is making an impact to people and can go home every day knowing they made a difference.
4. To always be creative and innovative through understanding and constant research and development of global market conditions.
5. To see everyone in the company grow with the company, and earn a comfortable, healthy and happy living.
Mission
The KungShoes.com Mission is simple. To offer everyone in the world, regardless of age, sex, socio-economic background, and culture, the ability to experience, and own a pair of Kung Shoes and to learn the variety of Kung Fu Styles for Fitness, Health, and overall well-being via Kung Fu Sifus, while understanding Kung Food Nutrition, and Medication.
Company Summary
Kung Shoes will be a company suitable to individuals, and families striving to constantly improve by asking and listening to feedback from customers so that the company will continue to innovate and inspire its customers to continue to use its products for their benefit. The advantage over the competition is to offer educational fitness/nutrition programs, and offer clothing as well.
Products
Kung Shoes will strive to become a well-known global brand offering style, luxury, affordability, and fun to everyone interested in experiencing the culture, knowledge, and benefits of everything related to Kung Fu.
Products that will be available from Kung Shoes will be a shoe line competitive to Toms.com while offering customers the ability to customize their own shoes with material selection and embroidery. Also available will be the opportunity to own a modernized portable Mook Jong/Wooden Dummy and also the information to build your very own. Kung Shoes will continue to educate its customers with Kung Food Recipes from Food Professionals, Kung Fu Sifus via such mediums as Traditional Schools/Dojo’s , Written material, and audio/video available physically and online. Clothing and Accessories are also potential growth avenues.
Market Analysis Summary
With a global population of 7 billion people and if everyone in the world was able to own a pair dependant on their socio-economic situation/status, and had to purchase/own a new pair every year, this would continue to employ people, and the company would have long term sustainability by continuing to have to produce to meet demand.
Market Segmentation
Luxury
Casual
Athletic
Target Market Segment Strategy
1. The Family Market (Casual and Athletic) will be the largest market with a typical family consisting of parents in their late 30’s and early 40’s with two children which means that they may purchase as a family on average 8 pairs of shoes per year depending on factors such a usage, product quality and environmental conditions.
2. The Luxury and Business Professional Market will probably be the smallest market serving only a select few, which may be where there is a higher profit margin
3. The “in need” market will be important, serving those in need of quality shoes who cannot personally afford to purchase on their own, which can be sold through charitable organizations to give to their clients.
Industry Analysis (Competition and Buying Patterns)
Tapping into the current popularity of the Toms.com brand and offering a better alternative with more value added services and programs will be The Kung Shoes Company advantage, being able to generate enough sales to generate profits to continue to innovate and grow the company for long term sustainability. The competitive advantage will be offering Kung Fu lessons, Kung Food Recipes/Diet, Nutritional Information as well as Asian Medicine Literature and the opportunity for customers to purchase a portable Mook Jong/Wooden Dummy to practice and play with at home, outside or while travelling.
Strategy/Implementation/Competitive Edge Summary
Initially, Kung Shoes will have to develop its online marketplace to be most economic and to serve the trend of online buying due to convenience to the consumer. Several distributions channels, such as Personal delivery, Night Markets, Kiosks, into retail outlets and possibly one day into retail are possible, if economically worthwhile and feasible.
The corporate environment in which the customer will experience will be educational, fun and memorable.
In terms of marketing: email newsletters, online videos, affiliate/referral program, fitness programs, Kung Fu lessons from Master Sifu’s, books, videos, toys, clothing, movie star appearances, philanthropy/social responsibility, and any means necessary to accomplish success will be deployed.
Management Summary
Kung Shoes will be an Asian Owned, Operated, and Employed Company, headquartered and protected in Asia with representatives suitable to communicate in other languages in to effectively do business with people who may not speak and understand the common language, English.
HondaCRZy
07-20-2014, 09:08 PM
Where's the business plan for these two? :troll:
Home (http://applyfor-mortgagesonline.com/)
Home (http://emperorsden.com/)
......and a forum copying all of RS's subforum titles Emperors Den - Index (http://emperorsden.createaforum.com/index.php)
Awesome threads you got started there... Relationship Forum (http://emperorsden.createaforum.com/relationship-forum/?PHPSESSID=9fb2958b28b1c914ccd343879cb64162)
:fuckthatshit:
I am not asking you to invest in these
HondaCRZy
07-20-2014, 09:09 PM
you could at least post some more info
Home (http://kungshoes.com/)
https://www.facebook.com/pages/Kung-Shoes/363487963790123
I just cut and pasted the business plan to not waste time.
HondaCRZy
07-20-2014, 09:10 PM
http://iliketowastemytime.com/sites/default/files/best_animated_images_car_jump_in.gif
I would like to invest 100k.
How do we begin?
HondaCRZy
07-20-2014, 09:11 PM
repaired kung fu shoes builds character :ilied:
OP are you related to a past member named Spoonworks by any chance?
They will be like Toms, only more like Kung Fu Shoes.
HondaCRZy
07-20-2014, 09:12 PM
21864
Dude you are not even a business major. Why the hell would I or someone else want to invest their cash with a CEO who has no business background whatsoever and are running a fashion business - one of most cut throat industries of all time.
This may sound judgmental but... I feel like you were one of those satellite kids who came here, went to UBC did the easiest program, came out with a BBA and now are out of a job so trying to make the best by trying to be a wantaprenure.
How many years did you lurk RS before coming up with Emperors Den - Index (http://emperorsden.createaforum.com/index.php) .. those thread titles look so familiar..
Wow, so negative. what are you doing with your life?
Jgresch
07-20-2014, 09:28 PM
According to StatisticBrain.com Footwear Industry Statistics, the footwear industry annual revenue is $48 Billion, employing approximately 188 888 people in 31 000 stores. The female market share is 40%, Men’s 35% and 25% other.
Soon the $48 Billion will be yours!
Your business plan is severely lacking. Good luck!
HondaCRZy
07-20-2014, 09:31 PM
Soon the $48 Billion will be yours!
Your business plan is severely lacking. Good luck!
That was my first time writing a business plan. What else is it missing other than the numbers?
HondaCRZy
07-20-2014, 09:32 PM
21864
Dude you are not even a business major. Why the hell would I or someone else want to invest their cash with a CEO who has no business background whatsoever and are running a fashion business - one of most cut throat industries of all time.
This may sound judgmental but... I feel like you were one of those satellite kids who came here, went to UBC did the easiest program, came out with a BBA and now are out of a job so trying to make the best by trying to be a wantaprenure.
How many years did you lurk RS before coming up with Emperors Den - Index (http://emperorsden.createaforum.com/index.php) .. those thread titles look so familiar..
I used to operate a Home Based Tennis Stringing Business back in university to help me pay for tuition.
That was my first time writing a business plan. What else is it missing other than the numbers?
We'll that makes me confident in ur ability to take my investment and turn it into a going concern.
Dude, seriously, I'm all for entreprising spiritless but on RS? Seriously?! Do u have no friends to start this with? Or kickstarter?
You clearly have no idea what ur doing, so please, save urself further embarrassment by stopping this thread.
And stop copying everything off of online templates!
MindBomber
07-20-2014, 09:53 PM
This dude is the most entertaining noob since B. Chow.
HondaCRZy
07-20-2014, 09:54 PM
We'll that makes me confident in ur ability to take my investment and turn it into a going concern.
Dude, seriously, I'm all for entreprising spiritless but on RS? Seriously?! Do u have no friends to start this with? Or kickstarter?
You clearly have no idea what ur doing, so please, save urself further embarrassment by stopping this thread.
And stop copying everything off of online templates!
You are just not the right match, buddy.
bcedhk
07-20-2014, 10:01 PM
You should go to Dragon's Den.
Don't want sound rude, but your business ideas and plans are CRZy. :troll:
HondaCRZy
07-20-2014, 10:05 PM
You should go to Dragon's Den.
Don't want sound rude, but your business ideas and plans are CRZy. :troll:
The cost of the leather shoes are about 13/14 times more than the cost of the normal shoes from my supplier.
Thank you for your comment. If you do not have anything positive to contribute, and are not adventurous to do something like this, please do not be so negative.
Thank you
HondaCRZy
07-20-2014, 10:07 PM
http://iliketowastemytime.com/sites/default/files/best_animated_images_car_jump_in.gif
I would like to invest 100k.
I hope you are not being sarcastic.
Inaii
07-20-2014, 10:09 PM
You posted this on an online forum... exactly what did you think was going to happen? People would shower you with money to fund your business?
No one is going to take you seriously with that website btw. Hire a web designer and do it properly if you want to be taken seriously.
HondaCRZy
07-20-2014, 10:11 PM
You posted this on an online forum... exactly what did you think was going to happen? People would shower you with money to fund your business?
No one is going to take you seriously with that website btw. Hire a web designer and do it properly if you want to be taken seriously.
You think I am made of money? This is why I am trying to start up a business.
You think I am made of money? This is why I am trying to start up a business.
Oh, so u think all start ups are made of money?
Substitute lots of money with hard work. Based on everything I've seen, hard work is something ur immune to
cruz-in
07-20-2014, 10:21 PM
https://post.craigslist.org/imagepreview/01717_2nazYH4Wc78_600x450.jpg
"Clothing is Like New, great condition, comfortable and stylish"
Do sweaty stained socks come with the sweaty stained soles ?
sorry just had to. lol
HondaCRZy
07-20-2014, 10:23 PM
You posted this on an online forum... exactly what did you think was going to happen? People would shower you with money to fund your business?
No one is going to take you seriously with that website btw. Hire a web designer and do it properly if you want to be taken seriously.
Oh, so u think all start ups are made of money?
Substitute lots of money with hard work. Based on everything I've seen, hard work is something ur immune to
I can only do so much and am limited to what I am do on my own.
HondaCRZy
07-20-2014, 10:24 PM
https://post.craigslist.org/imagepreview/01717_2nazYH4Wc78_600x450.jpg
"Clothing is Like New, great condition, comfortable and stylish"
Do sweaty stained socks come with the sweaty stained soles ?
sorry just had to. lol
Sure why not, so much easier to bash than encourage.
Xu.Vi
07-20-2014, 10:31 PM
If your parents aren't even willing to invest in you, you think anyone else online are willing to?
tomatogunk
07-20-2014, 10:34 PM
thanked you at first for the laughs but changed it to a fail after seeing your business plan.
I'm so sorry but you don't show the Internet your business plan or rather the lack thereof. Now I'll be able to start my own Asian made alternative to Toms :ilied:
Best of luck to your endeavors.
http://cbc.ca/dragonsden/content/images/s8e20/kevin_there_is_no_hope.gif
cruz-in
07-20-2014, 10:35 PM
in all honesty tho,
here's a question..
no matter how great your product may be, how can you expect possible investors to take you seriously when people on this forum think its a joke?
your business plan is weak, website presentation is terrible, and how your trying to market it makes me cringe.
if your serious, go back to the drawing board.
Hire a web designer. if you can't , get a job or learn. And get a proper business plan dammit.
cruz-in
07-20-2014, 10:37 PM
I can only do so much and am limited to what I am do on my own.
work at mcdonald's for a few months and hire one. Or if you already have a job, save.
AND if your not willing to do that, read online on how to do it.
#not_hard
HondaCRZy
07-20-2014, 10:38 PM
in all honesty tho,
here's a question..
no matter how great your product may be, how can you expect possible investors to take you seriously when people on this forum think its a joke?
your business plan is weak, website presentation is terrible, and how your trying to market it makes me cringe.
if your serious, go back to the drawing board.
Hire a web designer. if you can't , get a job or learn. And get a proper business plan dammit.
That just proves to you how many people here on Revscene are a joke.
CCA-Dave
07-20-2014, 10:38 PM
Clearly, you've never been involved in a business (any business) to a degree which has taught or opened your eyes to the amount of work involved in simply running a business, yet alone starting one up. So while normally I would suggest you find a job working in the industry of your interests to learn the ropes, the industry and how things work...I suspect it will fall on deaf ears. In the interest of trying to provide you with some useful information and constructive assistance, let us start with the basics:
1) What is your personal experience in the shoe industry?
2) What experience do you have in the textiles industry?
3) What experience do you have with import/exports, and please highlight the types of products you are experienced with?
4) What businesses have you owned in the past? How long did they operate, what were the annual revenues, were they registered and if so under what classification?
Lets start with those ones.
-Dave
HondaCRZy
07-20-2014, 10:39 PM
If your parents aren't even willing to invest in you, you think anyone else online are willing to?
My mom already copied me and started making her own version called Gung Shoes in Pakistan
HondaCRZy
07-20-2014, 10:42 PM
Clearly, you've never been involved in a business (any business) to a degree which has taught or opened your eyes to the amount of work involved in simply running a business, yet alone starting one up. So while normally I would suggest you find a job working in the industry of your interests to learn the ropes, the industry and how things work...I suspect it will fall on deaf ears. In the interest of trying to provide you with some useful information and constructive assistance, let us start with the basics:
1) What is your personal experience in the shoe industry?
2) What experience do you have in the textiles industry?
3) What experience do you have with import/exports, and please highlight the types of products you are experienced with?
4) What businesses have you owned in the past? How long did they operate, what were the annual revenues, were they registered and if so under what classification?
Lets start with those ones.
-Dave
Thank you Dave, a much more mature response than those posted out there helping me look at things from a different perspective.
I definitely need a mentor, someone who has started up several businesses on their own and with people to help me get going on my very first one. It is like me trying to ride a bike and be falling many times and people laughing at me, without even getting the chance to even gain balance.
radioman
07-20-2014, 10:44 PM
I would say thats because you came into this thread and said;
"Can someone buy me a $10,000 road bike I want to start racing"
instead of;
"Can someone help me learn to ride a bike better I want to become a great rider and eventually enter races"
:pokerface:
HondaCRZy
07-20-2014, 10:45 PM
I would say thats because you came into this thread and said;
"Can someone buy me a $10,000 road bike I want to start racing"
instead of;
"Can someone help me learn to ride a bike better I want to become a great rider and eventually enter races"
:pokerface:
Yeah, I guess its the way it was being perceived.
123654123
07-20-2014, 10:52 PM
lol don't take it so hard dude i think what everyone is trying to say is you put in effort?
if you did then you're going to need to put a whole lot more work into this.
right now your business looks like chicken scratch and no one clearly understands what it is other than you.
negative comments are really just pieces of advice on things you need to improve on. if you can't take them seriously then you shouldn't be asking for money.
its unfortunate you put out something so unfinished and so unprofessional that you pretty much blew your chance. first impressions are very hard to overcome. good luck and all the best to you hoping you can actually make something out of this and make our jaws drop and become one of those rich asians that shark tank wants to be.
still not sure if this is a troll lol:suspicious:
SkinnyPupp
07-20-2014, 11:01 PM
This dude is the most entertaining noob since B. Chow.
Totally, I hope he doesn't get chased away
kkthind
07-20-2014, 11:03 PM
Totally, I hope he doesn't get chased away
Also, as long as you do not ban him :troll:
HondaCRZy
07-20-2014, 11:03 PM
Totally, I hope he doesn't get chased away
Do you have machetes or something?
HondaCRZy
07-20-2014, 11:05 PM
lol don't take it so hard dude i think what everyone is trying to say is you put in effort?
if you did then you're going to need to put a whole lot more work into this.
right now your business looks like chicken scratch and no one clearly understands what it is other than you.
negative comments are really just pieces of advice on things you need to improve on. if you can't take them seriously then you shouldn't be asking for money.
its unfortunate you put out something so unfinished and so unprofessional that you pretty much blew your chance. first impressions are very hard to overcome. good luck and all the best to you hoping you can actually make something out of this and make our jaws drop and become one of those rich asians that shark tank wants to be.
still not sure if this is a troll lol:suspicious:
Well, Its in Word format, and I facebooked WWF to create a Kung Fu Wrestler, Facebooked MMA, Jackie Chan, Bruce Lee etc. I am exhausted and Im at the point I need someone to tag team in and take over for a bit to the next level of reality.
kkthind
07-20-2014, 11:05 PM
Do you have machetes or something?
No, we have keyboards :derp:
HondaCRZy
07-20-2014, 11:08 PM
Im just saying, if someone has money to burn, we have more money to earn!
meme405
07-20-2014, 11:11 PM
:facepalm:
At least your business plan has the correct sections (of the ones that are there), but you still need to go back to the drawing board.
Your business plan, needs to explain what you need money for, and where/how you plan to spend it. It needs to have a plan on how you plan to re-pay the money, it needs to have a financial analysis of exactly how much it will take to bring your idea to life.
^And this is just a start.
My business (which I still consider within the "start-up" phase), has a business plan that is 40+ pages, and I am not even looking for investors. That plan is just so that I as an owner understand and keep my goals ahead of me.
If you are looking for investment you need to seriously sit down and spend A LOT of time putting together an entire plan outlining the ENTIRE business. Right now you pretty much have absolutely nothing worthy of telling people about.
v_tec
07-20-2014, 11:13 PM
Im just saying, if someone has money to burn, we have more money to earn!
:heckno:
If I have money to burn, I rather throw it at the casino or ocean than your so call "business plan".
CCA-Dave
07-20-2014, 11:15 PM
Thank you Dave, a much more mature response than those posted out there helping me look at things from a different perspective.
I definitely need a mentor, someone who has started up several businesses on their own and with people to help me get going on my very first one. It is like me trying to ride a bike and be falling many times and people laughing at me, without even getting the chance to even gain balance.
No, you don't need a mentor to start your own business. You need to work for someone else to learn about what running a business entails. You aren't at the bike stage yet. In fact, you're not even at the tricycle stage. You're at the looking-out-the-window at the experienced kids stage saying "I want to do that". But before you can ride a bike, you need to first learn to walk...then learn to ride a tricycle, THEN learn to ride a bike.
The walking stage: Working for someone else, even a shoe store in the mall, will teach you far more than any mentor has time to teach you...if you're smart enough to learn and watch, and work hard. You first work in your industry of choice, learning and sucking up as much of everything you can possibly learn.
Then, after you have real experience. And I'm talking to the point where you've worked so well you're managing the store, the boss is sending you to conferences, you know who the suppliers are and how shipping on a large scale is made. THIS is the tricycle stage. You understand every tiny detail from what country the textiles are made in, to where you buy the little stands the shoes sit on in the store. Then, and only then, you might know how you could do it better.
NOW you're at the bike stage. You've been saving all your money during the walking and tricycle stage, right? Now you get to put your money where your mouth is, perhaps your old boss is now you're mentor because he was so impressed with your work ethic he wants to see you succeed at your own shoe company. You work ridiculously long hours, invest every penny you own, and you see a little success. Then, and only then, can you start looking for investors.
Investors don't invest in a business idea or concept. They invest in people and things they can trust. They're investing in you, and your ability to run the business successfully. You want to start a business in an industry you have zero experience in, when you yourself have (what seems like) zero experience running a business. ANY business. If you had experience, you could have answered my four questions in less time than it took me to write this post. See what I'm getting at? I'm actually trying to help you here.
Suppose two entrepreneurs posted asking for help investing in their new business. You read each of the posts, and this is what you find:
Entrepreneur #1 likes cars and wants to make a lot of money. All his friends buy new wheels for their cars, so he wants to start a wheel company. He needs your help to invest in it. He owns a car, has had two others before it. He bought new wheels for all of them. 60% of men buy new wheels for their cars. He needs help with investors to get his business off the ground.
Entrepreneur #2 also likes cars, and wants to make a lot of money. He too likes wheels, and would like to start a wheel company. He has worked for 2 years at the Toyota dealership as a lot boy, 2 years at Canadian Tire and the last year at Big-T Wheels and Tires. He can tell you who the top three distributors in Canada for wheels are, and how most people choose and buy their wheels. He's found an Asian wheel supplier who will sell to him direct, can tell you how much they cost, the minimum order, where he will ship them to and how he will sell them. The retail cost on each wheel is X, and he will make Y per wheel. He figures he needs $15,000 to start the business, and is asking you to invest $5,000.
Who would you invest in?
Even #2 would probably get laughed off the forum...but at least he's got enough experience and a business concept that his friends and family might invest and he'd never need to post to a forum.
You need experience. Experience leads to knowledge (if you want it to). Knowledge leads to potential business success.
-Dave
HondaCRZy
07-20-2014, 11:15 PM
:facepalm:
At least your business plan has the correct sections (of the ones that are there), but you still need to go back to the drawing board.
Your business plan, needs to explain what you need money for, and where/how you plan to spend it. It needs to have a plan on how you plan to re-pay the money, it needs to have a financial analysis of exactly how much it will take to bring your idea to life.
^And this is just a start.
My business (which I still consider within the "start-up" phase), has a business plan that is 40+ pages, and I am not even looking for investors. That plan is just so that I as an owner understand and keep my goals ahead of me.
If you are looking for investment you need to seriously sit down and spend A LOT of time putting together an entire plan outlining the ENTIRE business. Right now you pretty much have absolutely nothing worthy of telling people about.
There are sections with financials but I did not copy and paste it. The numbers, I need $2250 to start out a small test batch to purchase, clean up the website and promote the shoes to double up the money reinvest and keep going.
twitchyzero
07-20-2014, 11:16 PM
Well, Its in Word format, and I facebooked WWF to create a Kung Fu Wrestler, Facebooked MMA, Jackie Chan, Bruce Lee etc. I am exhausted and Im at the point I need someone to tag team in and take over for a bit to the next level of reality.
http://media.tumblr.com/c26c17561e71ef854fad60e4939c39d2/tumblr_inline_n8bhjoThXw1rb6szn.gif
pinn3r
07-20-2014, 11:17 PM
ignorance at its finest
CCA-Dave
07-20-2014, 11:17 PM
:facepalm:
My business (which I still consider within the "start-up" phase), has a business plan that is 40+ pages, and I am not even looking for investors. That plan is just so that I as an owner understand and keep my goals ahead of me.
^^^^ This. I spent over 3 months this year, 8-10 hours a day working only on the 5-year business plan, for a business which has been running successfully for the last 7 years. As an owner I need to understand it backwards and forwards if I'm going to have any success.
-Dave (who also isn't 'ready' for investors...despite having sold-out, multi-year events running)
HondaCRZy
07-20-2014, 11:19 PM
No, you don't need a mentor to start your own business. You need to work for someone else to learn about what running a business entails. You aren't at the bike stage yet. In fact, you're not even at the tricycle stage. You're at the looking-out-the-window at the experienced kids stage saying "I want to do that". But before you can ride a bike, you need to first learn to walk...then learn to ride a tricycle, THEN learn to ride a bike.
The walking stage: Working for someone else, even a shoe store in the mall, will teach you far more than any mentor has time to teach you...if you're smart enough to learn and watch, and work hard. You first work in your industry of choice, learning and sucking up as much of everything you can possibly learn.
Then, after you have real experience. And I'm talking to the point where you've worked so well you're managing the store, the boss is sending you to conferences, you know who the suppliers are and how shipping on a large scale is made. THIS is the tricycle stage. You understand every tiny detail from what country the textiles are made in, to where you buy the little stands the shoes sit on in the store. Then, and only then, you might know how you could do it better.
NOW you're at the bike stage. You've been saving all your money during the walking and tricycle stage, right? Now you get to put your money where your mouth is, perhaps your old boss is now you're mentor because he was so impressed with your work ethic he wants to see you succeed at your own shoe company. You work ridiculously long hours, invest every penny you own, and you see a little success. Then, and only then, can you start looking for investors.
Investors don't invest in a business idea or concept. They invest in people and things they can trust. They're investing in you, and your ability to run the business successfully. You want to start a business in an industry you have zero experience in, when you yourself have (what seems like) zero experience running a business. ANY business. If you had experience, you could have answered my four questions in less time than it took me to write this post. See what I'm getting at? I'm actually trying to help you here.
Suppose two entrepreneurs posted asking for help investing in their new business. You read each of the posts, and this is what you find:
Entrepreneur #1 likes cars and wants to make a lot of money. All his friends buy new wheels for their cars, so he wants to start a wheel company. He needs your help to invest in it. He owns a car, has had two others before it. He bought new wheels for all of them. 60% of men buy new wheels for their cars. He needs help with investors to get his business off the ground.
Entrepreneur #2 also likes cars, and wants to make a lot of money. He too likes wheels, and would like to start a wheel company. He has worked for 2 years at the Toyota dealership as a lot boy, 2 years at Canadian Tire and the last year at Big-T Wheels and Tires. He can tell you who the top three distributors in Canada for wheels are, and how most people choose and buy their wheels. He's found an Asian wheel supplier who will sell to him direct, can tell you how much they cost, the minimum order, where he will ship them to and how he will sell them. The retail cost on each wheel is X, and he will make Y per wheel. He figures he needs $15,000 to start the business, and is asking you to invest $5,000.
Who would you invest in?
Even #2 would probably get laughed off the forum...but at least he's got enough experience and a business concept that his friends and family might invest and he'd never need to post to a forum.
You need experience. Experience leads to knowledge (if you want it to). Knowledge leads to potential business success.
-Dave
I have 6 plus years experience working for Canadas largest sporting goods retailer in every position except management and started my own home based tennis stringing business where I invested half my money with my friend and did all the work and burned out in the end since I was in school as well and volunteering.
Anyways, I appreciate and value your input.
HondaCRZy
07-20-2014, 11:20 PM
^^^^ This. I spent over 3 months this year, 8-10 hours a day working only on the 5-year business plan, for a business which has been running successfully for the last 7 years. As an owner I need to understand it backwards and forwards if I'm going to have any success.
-Dave (who also isn't 'ready' for investors...despite having sold-out, multi-year events running)
Thats good. Some people dont even write up a business plan
HondaCRZy
07-20-2014, 11:24 PM
http://iliketowastemytime.com/sites/default/files/best_animated_images_car_jump_in.gif
I would like to invest 100k.
When is Steven going to respond? lol
I can only do so much and am limited to what I am do on my own.
words of a failure, right there.
you're coming up with excuses, rather than looking for solutions.
HondaCRZy
07-20-2014, 11:48 PM
words of a failure, right there.
you're coming up with excuses, rather than looking for solutions.
Its called teamwork.
i want to see your other businesses, as your facebook clearly states you're the CEO of two other companies. i'm especially interested in your mortgage website.
as for your 65% cash/35% deferred payment investment idea, why would a homeowner take 65% cash now with 35% coming later (at much greater risk of non receipt) vs. 100% now, unless you are paying a material premium, the 35% is somehow asset secured and pays a material premium, or the housing market is depressed and there is no liquidity in the market.
if it is the latter case, chances are that the 35%, which I assume is backed by a fully levered house, will not be paid dollar for dollar as the depressed market will likely be depressed in 5 years.
you say your mum made millions doing this, if so, why isn't she helping you with your shoe business, and if she's made these millions already, and is thus evidently an astute investor/entrepreneur, why is she "copying you" with these shoes in Pakistan.
In fact, why would your mum work against you, she's your flesh and blood, shouldn't she nurture your business and work with you, with her being the financier of this project?
your story has holes in it.
also, if you want to be taken seriously, tell us more about you, your education, your work experience, your life experience, your import experience. What level of duty do these products fall into, what specific category, which broker do you use to go through customs clearance? Which shipper do you use? who is your supplier (did you find them on alibaba), what has been your due diligence on them for quality, but also volume, what are your minimum monthly orders to get certain prices? what's your margin, given you claim to donate $5 from each pair - what's your proof of this (you should have proof of this as you are making a serious claim on your site, and it would be false advertising to not make that donation).
I could go on...
Its called teamwork.
you have done nothing. you have done less than what 1 person should be able to do with no money.
you are full of excuses and failings thus far.
don't be so defensive, embrace this, somewhat harsh, criticism and grow from it.
HondaCRZy
07-21-2014, 12:01 AM
Well, I need $2250 to stock the Shoes for dropshipping from China for 100 pairs (50 of each kind) and someone to make the website more presentable like a real storefront, however much that costs. We can expand on products.
HondaCRZy
07-21-2014, 12:03 AM
They say that its not what you say but how you say it, I need to improve on that as well.
Inaii
07-21-2014, 12:05 AM
For a proper website and a store you're looking at minimum $1k. The web designers I know/have had quote me charge $2.5-3k for multi-page websites without a store.
v_tec
07-21-2014, 12:08 AM
Well, I need $2250 to stock the Shoes for dropshipping from China for 100 pairs (50 of each kind) and someone to make the website more presentable like a real storefront, however much that costs. We can expand on products.
- You graduated from UBC since 2007
- Worked 6 years for "Canadas largest sporting goods retailer in every position"
- Living in your momma's basement
- You're 30+ years old
Yet you don't even have $2k saved away to "start your own business"?
Well, I need $2250 to stock the Shoes for dropshipping from China for 100 pairs (50 of each kind) and someone to make the website more presentable like a real storefront, however much that costs. We can expand on products.
and what about all my other questions.
having a drop ship system means nothing.
how long is shipping from china? how much? duties - have you even considered customs clearance?
have you physically seen these shoes? how durable are they? what about consistency, you will have no control over QC or inventory - that would concern me at the start up stage. you'd want to first order inventory to ensure quality, then ship locally to ensure you build up your business name through a quality product (you can't expect to sell at a profit today), and then once you have assurances and controls over quality, move to a drop ship model, having said that, shoe customers would likely want 2 day delivery (it's what you get on amazon.com), i doubt you'll do that from china.
your business model is all wrong, let me tell you that right now. and this is from someone who has done import business on the side before, and has done drop ship (something done out of necessity, and it worked as i had controls over quality from the factory - but still, i didn't want to do this).
also, if you can't present yourself well via your words, you shouldn't be an entrepreneur - presentation of yourself and your business are vital to being taken seriously.
let's be honest here - this isn't a serious business, and you're not a serious entrepreneur. you may think you're a budding entrepreneur, but you know nothing and present yourself terribly (this is constructive criticism, not hate) - give this up, whether it's a good idea or not, you aren't executing it right - product can often be a secondary consideration if the business is executed right, but a poorly executed business could have the best product in the world, and it still won't sell.
- You graduated from UBC since 2007
wholly shit! i thought this was some 21 yr old - graduated 7 years ago, fuck, man... this shit is smelling worse and worse!
what on earth have you done in 7 years? i only graduated a year before you... jesus!
Inaii
07-21-2014, 12:12 AM
Not only that, but what is going to set you apart from all the other shoe places (primarily Toms since that seems to be who you're trying to compete with). Why should they invest with YOU instead of someone else?
So far I haven't seen you offer a decent reason on why anyone should invest with you.
HondaCRZy
07-21-2014, 12:17 AM
and what about all my other questions.
having a drop ship system means nothing.
how long is shipping from china? how much? duties - have you even considered customs clearance?
have you physically seen these shoes? how durable are they? what about consistency, you will have no control over QC or inventory - that would concern me at the start up stage. you'd want to first order inventory to ensure quality, then ship locally to ensure you build up your business name through a quality product (you can't expect to sell at a profit today), and then once you have assurances and controls over quality, move to a drop ship model, having said that, shoe customers would likely want 2 day delivery (it's what you get on amazon.com), i doubt you'll do that from china.
your business model is all wrong, let me tell you that right now. and this is from someone who has done import business on the side before, and has done drop ship (something done out of necessity, and it worked as i had controls over quality from the factory - but still, i didn't want to do this).
also, if you can't present yourself well via your words, you shouldn't be an entrepreneur - presentation of yourself and your business are vital to being taken seriously.
let's be honest here - this isn't a serious business, and you're not a serious entrepreneur. you may think you're a budding entrepreneur, but you know nothing and present yourself terribly (this is constructive criticism, not hate) - give this up, whether it's a good idea or not, you aren't executing it right - product can often be a secondary consideration if the business is executed right, but a poorly executed business could have the best product in the world, and it still won't sell.
Then someone else who can execute it better should take the reigns then.
v_tec
07-21-2014, 12:17 AM
wholly shit! i thought this was some 21 yr old - graduated 7 years ago, fuck, man... this shit is smelling worse and worse!
what on earth have you done in 7 years? i only graduated a year before you... jesus!
Ironically, he made a presentation on "Finding Your Way on The Map of Life"
:heckno:
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/1069234_215764925280648_1927389984_n.jpg
HondaCRZy
07-21-2014, 12:17 AM
wholly shit! i thought this was some 21 yr old - graduated 7 years ago, fuck, man... this shit is smelling worse and worse!
what on earth have you done in 7 years? i only graduated a year before you... jesus!
Stuck in the mental health system
HondaCRZy
07-21-2014, 12:18 AM
Not only that, but what is going to set you apart from all the other shoe places (primarily Toms since that seems to be who you're trying to compete with). Why should they invest with YOU instead of someone else?
So far I haven't seen you offer a decent reason on why anyone should invest with you.
Provide value addded features like Kung Fu Classes/Lessons etc., clothing etc.
HondaCRZy
07-21-2014, 12:19 AM
Ironically, he made a presentation on "Finding Your Way on The Map of Life"
:heckno:
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/1069234_215764925280648_1927389984_n.jpg
Still figuring it out, I get bored easily.
Stuck in the mental health system
do you have a mental defect? are you joking?
you respond with really stupid responses to everything, it's not helping your cause.
Manic!
07-21-2014, 12:20 AM
Go talk to John Chow he will make you rich and hook you up with a free Mercedes.
http://zacjohnson.moneyreigninc.netdna-cdn.com/wp-content/uploads/2014/07/John-Chow.png
Inaii
07-21-2014, 12:21 AM
That.... didn't answer my question at all.
Then someone else who can execute it better should take the reigns then.
take what reigns? you haven't done anything yet.
but you have finally (kind of) said something half intelligent. that is, the market will dictate the winners and losers - the winners will have businesses that thrive, the losers will have businesses that go to zero. you will prove us all correct by never making a dollar on this venture, so perhaps your smartest move is to move on.
please remember what i am about to tell you, it is vital information, and is something I have learnt in my 31 years on this planet.
not everyone can be entrepreneurs. I am not an entrepreneur. I'm an extremely talented business person, but I'm not an entrepreneur. I have had side businesses, they have made some good money, but not good enough - i could never give up my career to do this full time (which was the goal) - they've turned into good pocket money ventures, they pay for vacations here and there. I will continue to do side things just in case i land on something that happens to explode, but my main efforts are my career, as they will provide a big paycheck every month, healthcare, security, a pension, annual pay raises, bonuses, additional skills, marketability, etc.
the point here is that every minute you waste on this is a minute you should be spending thinking about getting a real job. do this shit on the side, but you have clearly shown yourself to be a failure at business thus far. earn the money yourself, get a real job, earn some good money - work hard, further educate yourself, and then put $10K into this, no more, and see where it goes - if it ends up making you $1K a month (net income, not sales), that's not bad, that's a mediocre success, if it makes you $10K a month, that's a good success, continue with it, if it makes you nothing, you've lost $10K... move on
ae101
07-21-2014, 12:33 AM
dude seriously, have u every worn these shoes before at all?
i had about 3 pairs just cuz i cheap & they were completely full of shit, & i duno why ppl would go out to buy TOMS
welcome to the real world buddy, your degree means nothing in the real world buddy
cruz-in
07-21-2014, 12:45 AM
Week of July 20th
user joins Automotive Forum to get investors for a poorly made made shoe and gets destroyed.
~So many Laughs had~
thanks RS! Best Bday present evar! :toot:
SkinnyPupp
07-21-2014, 12:59 AM
Ironically, he made a presentation on "Finding Your Way on The Map of Life"
:heckno:
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/1069234_215764925280648_1927389984_n.jpg
This shows you just how useful and accurate diplomas, certifications, and general "proof of worth" documents are
This shows you just how useful and accurate diplomas, certifications, and general "proof of worth" documents are
i agree with your general point. though really, a degree in health and nutrition really is worthless :)
Vale46Rossi
07-21-2014, 02:54 AM
Hi, sorry for the late reply. I was out with the kids in our cabin in Whistler today.
I am interested and don't mind investing but there is a few things I need to know, which includes type of shoes, demographics and what kind of expansion plan in the future.
I don't want to invest my money into a company where there is no expansion and can only dropship x amount of shoes.
I am interested in spending a bit of money and perhaps opening a retail location in downtown Vancouver.
But I need to see some pictures and perhaps even meetup to see the quality of the shoes.
I cannot invest my money and also ruin my reputation by backing something of not up to par quality.
HondaCRZy
07-21-2014, 05:14 AM
Hi, sorry for the late reply. I was out with the kids in our cabin in Whistler today.
I am interested and don't mind investing but there is a few things I need to know, which includes type of shoes, demographics and what kind of expansion plan in the future.
I don't want to invest my money into a company where there is no expansion and can only dropship x amount of shoes.
I am interested in spending a bit of money and perhaps opening a retail location in downtown Vancouver.
But I need to see some pictures and perhaps even meetup to see the quality of the shoes.
I cannot invest my money and also ruin my reputation by backing something of not up to par quality.
Thank you for your response. I am open to suggestions on how you would like to partner up with me since you are the investor. Trust me, I do not want to represent poor quality, because I care about my reputation too. I would love to open a retail location maybe in Abderdeen and Downtown and Hong Kong. I have contacted Shanghai Tang to see if they would be interested in creating a shoe with me as well as WWE (by creating a Kung Fu Wrestler), MMA, Jackie Chan and Bruce Lee Via email and Facebook, but no response (We can try again). My mother has a contact to a Hush Puppy manufacturer in Pakistan which she is already making and designing Gung Shoes.
I have contacted Alibaba companies and have a supplier of shoes. We can build a business.
In terms of quality, I would require your help to order some samples with me and we can check them out together.
Please email me (CEO@KungShoes.com) and we can email each other outside of Revscene, which is better.
Please tell me more about your background.
Thank you
HondaCRZy
07-21-2014, 05:41 AM
i agree with your general point. though really, a degree in health and nutrition really is worthless :)
This is the starting point before going to Med School.
Health and Wellness and Prevention.
you know you're being punked, right?
you know you sound like an idiot, right?
you know you don't actually have anything more than a business thought, right? We all have thoughts of businesses we'd love to own and run, but don't because we either can't, don't want to take on the risk, don't have the capital, etc. you fall under all three!
you know you're never going to med school, right? if you were, you'd have done it by now - you've shown a clear lack of motivation or ability to hustle in 4 pages of thread.
you know what the great point of being at the bottom (which is probably where you're at right now), things can only get better! there's a ray of sunshine for you.
v_tec
07-21-2014, 05:50 AM
I thought Timpo was bad,
......then came multicartual and Shark Tank
......and now we have this Trevor Chan
Gotta love RS.
stewie
07-21-2014, 06:03 AM
you know what the great point of being at the bottom (which is probably where you're at right now), things can only get better! there's a ray of sunshine for you.
there's always room for more failure.
he could take out a loan from the bank -> find out it was a complete fail -> wont be able to pay back the debt -> get forced to sell his belongings (house/car etc) -> couch jump for a while -> end up sleeping outside a few nights here and there when hes not able to find a couch -> end up just sleeping outside all the time -> eventually sticking a needle in his arm -> eventually getting a disease -> death
HondaCRZy
07-21-2014, 08:24 AM
At least I tried, how many people do THAT?
jeedee
07-21-2014, 08:42 AM
4444:
I don't even know why you're bothering/wasting your time with this imbecile lol
4444:
I don't even know why you're bothering/wasting your time with this imbecile lol
it enabled me to take breaks away from my work - my project right now needs mental breaks... and this is fun... maybe i like fucking with people who have a stinky attitude.
if the kid were genuine and said "i don't know what i'm doing, please any advice is so greatly appreciated" i'd give him contacts to immediately bring in product to his door, and enable him to set up a business quickly and inexpensively, but his attitude STINKS and he thinks he's actually done something, which he hasn't!
At least I tried, how many people do THAT?
but you haven't, what have you actually tried to do? you've spend 12 mins setting up a free website, badly - i think it'd take people more time to make a website that bad than to make a good one, if this is you truly trying, boy, you should just end it now! life looks bleak for you!
also, please don't say that, most other people try at their jobs/careers, and aren't interested or the right people to have their own business, simple as that
as it happens, you're not the right kind of person to have a business, as you've proven 3 times (forum, mortgage click through, shoe website with nothing planned or in the works)
also, you tell us you have drop ship set up, but haven't even had samples - why would you sort out drop ship before securing your product... you sound more like a lunatic every post you make!
HondaCRZy
07-21-2014, 09:27 AM
it enabled me to take breaks away from my work - my project right now needs mental breaks... and this is fun... maybe i like fucking with people who have a stinky attitude.
if the kid were genuine and said "i don't know what i'm doing, please any advice is so greatly appreciated" i'd give him contacts to immediately bring in product to his door, and enable him to set up a business quickly and inexpensively, but his attitude STINKS and he thinks he's actually done something, which he hasn't!
I have an IDEA of what to do, but I havent done it yet, that is where someone more experienced, which I would appreciate would come in.
I set up a simple website, wrote a business plan trekking from Downtown to UBC to write it with no sleep, and contacted many people trying to get it started.
First of all, is KungShoes.com a good idea?
hahahahahahahahah, treking from downtown to UBC? what, a 30 min bus ride? a 15 min car ride, a 1 hr bike ride - was it really that hard? and why you need to go to UBC you left there in 2007, move on sunshine!
i actually offered to help you and you responded "how can YOU help me" as if i owe you my help.
you have an idea... so what, i've already addressed that. you're business plan is worthless, don't put any weight on it.
looks like you wasted all that time trekking down ALL that way...
if you need sleep, the swimming pool viewing area at UBC is a great place for a nap, though given your age, you may get asked to leave as you'll be seen as a pervert!
HondaCRZy
07-21-2014, 09:34 AM
hahahahahahahahah, treking from downtown to UBC? what, a 30 min bus ride? a 15 min car ride, a 1 hr bike ride - was it really that hard? and why you need to go to UBC you left there in 2007, move on sunshine!
i actually offered to help you and you responded "how can YOU help me" as if i owe you my help.
you have an idea... so what, i've already addressed that. you're business plan is worthless, don't put any weight on it.
looks like you wasted all that time trekking down ALL that way...
if you need sleep, the swimming pool viewing area at UBC is a great place for a nap, though given your age, you may get asked to leave as you'll be seen as a pervert!
I had no money man, since I had no job for over a year. Sleep during non business hours? You are an idiot without a brain.
I had no money man, since I had no job for over a year. Sleep during non business hours? You are an idiot without a brain.
but live downtown... logic is strong with you
alright, this brainless idiot is done messing with you for a while.
BrRsn
07-21-2014, 09:41 AM
Hey I don't know if you've heard of my uncle, but his name is Shahrukh Khan and he's a pretty big local celebrity in India like bcrdukes/chengman are in Vancouver -- Actually he is visiting us in a week. If you have a pair of shoes I'm sure he'd be willing to wear and promote them in India for you
CCA-Dave
07-21-2014, 09:47 AM
4444:
I don't even know why you're bothering/wasting your time with this imbecile lol
It's basically like trolling, but on a higher intellectual level :P
-D
supremematt85
07-21-2014, 09:58 AM
I am willing to invest 100% into your business as long as a few requirements are met.
1: we change the name from kungshoes to Israel shoes. This every step in these shoes is a step for Israel.
2: I get 100% control of the company until we have broken even and have had positive cash flows for the past 72 months.
3: you must get in touch with either tupac, Martin Luther King, Abraham Lincoln as an official ambassador of the brand.
Any questions?
twitchyzero
07-21-2014, 10:32 AM
I thought Timpo was bad,
......then came multicartual and Shark Tank
......and now we have this Trevor Chan
Gotta love RS.
i always get a kick out of the laughing stocks of RS...AsRealAsItGets, Spoonworks, Hyde, Timpo, Zhangfei, Joe_45, CiC, $14 balla, shark tank +theone+, boostaholic. Not sure if clever trolls or needs to seek professional help for their delusional disorder.
The only ones I dont feels bad for are cement and scamthony. :chairdance:
Anyways OP should be glad this isn't in FC and everyone's still somewhat keeping it civil. You recv'd plenty of good and fair advice in here, try and be more humble in your response and you might just get a better chance at salvaging said startup.
You know, as bad as all the replies are, there is so much to learn from everyone's response. Listen buddy, even though people are shitting all over you, there's a lot of value in reading what people have to say. If you're going to get brutal honest truth anywhere, it's going to be here. I guess you would have already seen that if you were a bit more open to criticism.. GL
noclue
07-21-2014, 10:49 AM
One thing i learned watching dragons' den or shark tank is that a significant amount of people are delusional and stubborn and think their product will become the next tom's or spanx. This guy is even worse as at least the people on the show invested their own money. This guy is trying to use other people's money and not take any risk.
PS Associating a cheap shoe with an Asian name will never sell in north america due to the perception of made in china quality.
sekin67835
07-21-2014, 11:18 AM
Lol. How is this guy not suckered into a MLM yet?
meme405
07-21-2014, 12:14 PM
Lol. How is this guy not suckered into a MLM yet?
Because this kid has no money of his own. Otherwise you are right John Chow would have already taken it all.
The best part of this entire thing was right at the beginning:
Kung Shoes will be an Asian Owned, Operated, and Employed Company, headquartered and protected in Asia with representatives suitable to communicate in other languages in to effectively do business with people who may not speak and understand the common language, English.
Stupid little twat and his "Asian owned and operated company". You are in Canada, your company is going to be CANADIAN smartass. If you wanted Asian investors move your ass back to the homeland and start up there.
Ulic Qel-Droma
07-21-2014, 01:39 PM
i applaud him for actually going out and getting something done, even if it's done all wrong... it's more than most people will ever do in their lives.
that being said... i think it's sad that the investment forums most active intraday thread is a buncha people bashing one guy's business idea. lol.
Manic!
07-21-2014, 02:09 PM
Lol. How is this guy not suckered into a MLM yet?
He has. On his forum he is selling some type of Kangen water machine. Do a group buy with 10 to 12 people get yours free!!!
http://emperorsden.createaforum.com/business-and-financial-forum/kangen-water-and-how-you-can-get-the-system-for-free!/
murd0c
07-21-2014, 02:30 PM
Can you please post pictures and details of the shoes you are looking to sell as well as the contact's and info on how you will be drop shipping the orders to start off.
bobbinka
07-21-2014, 05:31 PM
http://memeguy.com/photos/images/when-my-mom-asked-to-borrow-money-to-send-to-a-nigerian-prince-111508.jpg
tiger_handheld
07-21-2014, 06:12 PM
Wow, so negative. what are you doing with your life?
Not investing what little money I may have in your business.
On Topic: There were a lot of good questions asked by others but you don't seem to be addressing any of them. One good question was, relating to your experience in fashion / textiles..
You wanted 2k to startup, if you live at home and work a min. wage job, you should be able to save up 2k in a few months no problems.
Or you can try some of these ideas - http://www.entrepreneur.com/article/235468
sdubfid
07-21-2014, 06:40 PM
How many bricks can you break with your forehead?
DaFonz
07-21-2014, 08:04 PM
Guys, the OP clearly has mental issues. He doesn't need business advice, he needs professional help, likely medicated.
ae101
07-21-2014, 09:15 PM
I thought Timpo was bad,
......then came multicartual and Shark Tank
......and now we have this Trevor Chan
Gotta love RS.
actually multicartuals old user name was jasons2000 (iirc), so hes not really new lol
i always get a kick out of the laughing stocks of RS...AsRealAsItGets, Spoonworks, Hyde, Timpo, Zhangfei, Joe_45, CiC, $14 balla, shark tank +theone+, boostaholic. Not sure if clever trolls or needs to seek professional help for their delusional disorder.
The only ones I dont feels bad for are cement and scamthony. :chairdance:
Anyways OP should be glad this isn't in FC and everyone's still somewhat keeping it civil. You recv'd plenty of good and fair advice in here, try and be more humble in your response and you might just get a better chance at salvaging said startup.
u forgot about b-chow, larry chu & bnr32 (the guy that keeps saying hes from sauders business school)
SkinnyPupp
07-21-2014, 09:33 PM
Guys, the OP clearly has mental issues. He doesn't need business advice, he needs professional help, likely medicated.
Actually you'd be amazed at how many people are like OP.
FS1992EG
07-21-2014, 09:46 PM
Copy and Pasted> PM If you are serious.
Kung Shoes Company Business Plan
“Shoes with a kick!”
Executive Summary
The Kung Shoes Business concept was conceived to offer the world an Asian Made alternative to the already established, and popular Toms.com Shoe company that makes Kung Fu/ballet style shoes, and other types of shoes that are Designer/Custom, and Asian Made in Popular, Attractive colours in High Quality Materials (Ie. Leather, Suede, waterproof/breathable materials) that are available to Women, Men, and Children to use for dress, casual, and athletic purposes, which can be re-branded by large corporations such as Hugo Boss in the Luxury market, and Nike, in the athletic market segments.
According to StatisticBrain.com Footwear Industry Statistics, the footwear industry annual revenue is $48 Billion, employing approximately 188 888 people in 31 000 stores. The female market share is 40%, Men’s 35% and 25% other.
The Kung Shoes business will first establish as an ecommerce (drop shipping) site, with advertising available to businesses interested in benefiting from the website traffic, and brand image. Kung Shoes may possibly be in Mall Kiosks, Night Markets, Retail outlets and also offer an affiliate program on Commission Junction when resources are available to expand, and capitalize in these areas.
Objectives
1. To establish, protect, and grow a sustainable corporate business organization in Asia, to market globally by attracting top talent to serve in their respective executive positions, and manage in Accounting, Human Resources, Marketing, Operations/Manufacturing, Logistics/Supply Chain Management etc .
2. To employ, and build a workforce that is well supported and appreciated, while having fun every minute of work so they are able to provide excellent and memorable service so customers come back and share their experience with their family, friends, associates and colleagues.
3. To incorporate a Social Responsibility program through philanthropy similar to the Toms One for One concept but in a more practical, and economic way, while employing community service activities so employees feel that their work, and life is making an impact to people and can go home every day knowing they made a difference.
4. To always be creative and innovative through understanding and constant research and development of global market conditions.
5. To see everyone in the company grow with the company, and earn a comfortable, healthy and happy living.
Mission
The KungShoes.com Mission is simple. To offer everyone in the world, regardless of age, sex, socio-economic background, and culture, the ability to experience, and own a pair of Kung Shoes and to learn the variety of Kung Fu Styles for Fitness, Health, and overall well-being via Kung Fu Sifus, while understanding Kung Food Nutrition, and Medication.
Company Summary
Kung Shoes will be a company suitable to individuals, and families striving to constantly improve by asking and listening to feedback from customers so that the company will continue to innovate and inspire its customers to continue to use its products for their benefit. The advantage over the competition is to offer educational fitness/nutrition programs, and offer clothing as well.
Products
Kung Shoes will strive to become a well-known global brand offering style, luxury, affordability, and fun to everyone interested in experiencing the culture, knowledge, and benefits of everything related to Kung Fu.
Products that will be available from Kung Shoes will be a shoe line competitive to Toms.com while offering customers the ability to customize their own shoes with material selection and embroidery. Also available will be the opportunity to own a modernized portable Mook Jong/Wooden Dummy and also the information to build your very own. Kung Shoes will continue to educate its customers with Kung Food Recipes from Food Professionals, Kung Fu Sifus via such mediums as Traditional Schools/Dojo’s , Written material, and audio/video available physically and online. Clothing and Accessories are also potential growth avenues.
Market Analysis Summary
With a global population of 7 billion people and if everyone in the world was able to own a pair dependant on their socio-economic situation/status, and had to purchase/own a new pair every year, this would continue to employ people, and the company would have long term sustainability by continuing to have to produce to meet demand.
Market Segmentation
Luxury
Casual
Athletic
Target Market Segment Strategy
1. The Family Market (Casual and Athletic) will be the largest market with a typical family consisting of parents in their late 30’s and early 40’s with two children which means that they may purchase as a family on average 8 pairs of shoes per year depending on factors such a usage, product quality and environmental conditions.
2. The Luxury and Business Professional Market will probably be the smallest market serving only a select few, which may be where there is a higher profit margin
3. The “in need” market will be important, serving those in need of quality shoes who cannot personally afford to purchase on their own, which can be sold through charitable organizations to give to their clients.
Industry Analysis (Competition and Buying Patterns)
Tapping into the current popularity of the Toms.com brand and offering a better alternative with more value added services and programs will be The Kung Shoes Company advantage, being able to generate enough sales to generate profits to continue to innovate and grow the company for long term sustainability. The competitive advantage will be offering Kung Fu lessons, Kung Food Recipes/Diet, Nutritional Information as well as Asian Medicine Literature and the opportunity for customers to purchase a portable Mook Jong/Wooden Dummy to practice and play with at home, outside or while travelling.
Strategy/Implementation/Competitive Edge Summary
Initially, Kung Shoes will have to develop its online marketplace to be most economic and to serve the trend of online buying due to convenience to the consumer. Several distributions channels, such as Personal delivery, Night Markets, Kiosks, into retail outlets and possibly one day into retail are possible, if economically worthwhile and feasible.
The corporate environment in which the customer will experience will be educational, fun and memorable.
In terms of marketing: email newsletters, online videos, affiliate/referral program, fitness programs, Kung Fu lessons from Master Sifu’s, books, videos, toys, clothing, movie star appearances, philanthropy/social responsibility, and any means necessary to accomplish success will be deployed.
Management Summary
Kung Shoes will be an Asian Owned, Operated, and Employed Company, headquartered and protected in Asia with representatives suitable to communicate in other languages in to effectively do business with people who may not speak and understand the common language, English.
The amount of capital needed will be a lot if you want to survive but the amount of work needed to even get a first investment will be gone is a couple of hours. Don't you realize that you have to start small, like in your mother's basement small to gain traction and credibility. And you have to give a superior product and make it just as cheap as the competition. Your company and Toms will never be in the same league.
Make 3 pairs of shoes, see if consumers are willing to even wear them, let alone buy them.
stewie
07-21-2014, 10:07 PM
Make 3 pairs of shoes, see if consumers are willing to even wear them, let alone buy them.
not to be rude, but just the look of them makes me not want to wear them, and i can probably say the same for all my friends/co workers.
go get a booth at the night market and see if you can sell any there - buy one get one half off. if not, try setting up an ebay account.
ps - on your webpage, the people in the business suits...do you even know them or were they just a random picture you grabbed from google and cropped the bottom half off for the reason that it already had another logo over that section? cause if you're going to advertise and show people on your website...the least you could do is have an image of someone actually WEARING the product...hell, go to craigslist, find a photographer willing to work for cheap bucks, take a few photos of people wearing them. make it look like one of those stupid old navy/abercrombie and fitch style photo shoots. if you cant afford a photographer, use your phone, you'd be amazed at the kinda editing you can do on a simple smartphone. voila.
DaFonz
07-21-2014, 10:15 PM
Actually you'd be amazed at how many people are like OP.
Normally i'd agree with you, but the OP actually said he has mental issues.
http://www.revscene.net/forums/696869-does-anyone-want-invest-start-up-kungshoes-com-me-3.html#post8505608
I'll all for teaming up on stupid, but this guy likely can't help himself and just needs professional help.
v_tec
07-21-2014, 10:21 PM
$15 pair of shoe
........and then $35 in shipping and handling fee.
http://images.sodahead.com/polls/000641367/polls_128686366707311098_0142_596023_answer_1_xlar ge.jpeg
and no where do you even mention the size available + choose from.
OP, I highly doubt anyone will purchase these crap from your website anyways.
But if they do, remember....this is Canada you're living in. Hope you're paying the government taxes.
SkinnyPupp
07-21-2014, 10:48 PM
Normally i'd agree with you, but the OP actually said he has mental issues.
http://www.revscene.net/forums/696869-does-anyone-want-invest-start-up-kungshoes-com-me-3.html#post8505608
I'll all for teaming up on stupid, but this guy likely can't help himself and just needs professional help.
Didn't notice that.. yeah that makes sense and maybe we should just let this thread die
Didn't notice that.. yeah that makes sense and maybe we should just let this thread die
agreed, let's kill it - but it was fun though.
corollagtSr5
07-24-2014, 03:55 PM
http://m.youtube.com/watch?v=mjnziydobV4
No such thing as bad publicity
threezero
07-25-2014, 04:06 AM
hey i want to invest, did you hear back from Bruce Lee yet? He owes me a big favor back in the days. Once he get back to you I have no problem giving your the $2250, in fact i think you need more money. I think you need at least $4000 according to your business plan. Contact me if your serious, I'm looking for a partner though someone that will carry their own weight. This is entirely dependant on whether you get an response from Bruce Lee, I will not go forward with this unless I can get his celebrity endorsement. He owe me, so he will do it you just need to make the right contact. You said you can your are game, now is the chance to prove it.
HondaCRZy
07-25-2014, 07:29 AM
hey i want to invest, did you hear back from Bruce Lee yet? He owes me a big favor back in the days. Once he get back to you I have no problem giving your the $2250, in fact i think you need more money. I think you need at least $4000 according to your business plan. Contact me if your serious, I'm looking for a partner though someone that will carry their own weight. This is entirely dependant on whether you get an response from Bruce Lee, I will not go forward with this unless I can get his celebrity endorsement. He owe me, so he will do it you just need to make the right contact. You said you can your are game, now is the chance to prove it.
I emailed info@BruceLee.com and no response from Customer Service or Shannon. If you are truly interested, lets buy some stock and set up a booth at the night market.
twitchyzero
07-25-2014, 09:06 AM
http://img3.wikia.nocookie.net/__cb20130211204342/adventuretimewithfinnandjake/images/8/8f/Funny-gif-Bruce-Lee-laughing.gif
Plot twist: OP is acting the f00, trolling everyone with a click-bait website but is actually earning ad revenue. Well played.
supremematt85
07-25-2014, 11:36 AM
I emailed info@BruceLee.com and no response from Customer Service or Shannon. If you are truly interested, lets buy some stock and set up a booth at the night market.
I'll take your offer up on it. When and where can we discuss this in person? I have a personal contact with Hulk Hogan and I am sure he will be on board.
hahahahahahahahah, treking from downtown to UBC? what, a 30 min bus ride? a 15 min car ride, a 1 hr bike ride
I am insulted by your statement. I can bike from Coal Harbor to the Chan Center in under 40 minutes at a leisurely pace of 18Km/h :D.
da fuq that was the shittiest business plan snippet ive ever seen in my life LOL
its called a fuckin executive summary... post that up jeez
dared3vil0
07-26-2014, 08:16 PM
I...I don't even know what to say besides; :lawl:
suzuka84
07-29-2014, 03:04 AM
no one will give you 2k. if you can't get 2k out of your credit card, line of credit or bank of mom and dad, this shows your fit as a potential business partner.
My gf works for Shanghai Tang, does this mean they will partner with me? no. She's management level and I wouldn't even dare fly this by them on a friday afternoon during happy hour. You're connections are solely emails you find online which mean nothing. Business is all about building rapport, you can't even do it hiding behind a computer screen so I cringe to see how you would perform in person, live.
Do this on your own, go through all the motion of starting your first business and come back after you have something to show for it.
You look familiar, I think you helped me a few times at Sportchek downtown.
You look familiar, I think you helped me a few times at Sportchek downtown.
and the plot thickens...
quasi
07-30-2014, 09:17 AM
I'm not sure how I missed this gem but this guy is to investment what CIC is to current events, they are both bat shit crazy and walk around like everybody else is doing it wrong. I don't think there is enough medication out there to save either one.
I'm not sure how I missed this gem but this guy is to investment what CIC is to current events, they are both bat shit crazy and walk around like everybody else is doing it wrong. I don't think there is enough medication out there to save either one.
best RS comparison ever, right there!
Szeto
07-30-2014, 10:31 AM
OP, if your FS is any indication of your style then ... :heckno:
http://www.revscene.net/forums/696872-mens-asian-professional-fancy-assorted-clothing-like-new-%24380.html
OP, if your FS is any indication of your style then ... :heckno:
http://www.revscene.net/forums/696872-mens-asian-professional-fancy-assorted-clothing-like-new-%24380.html
why would someone pay for kung fu shoes when they're given away for free in RS FS section?!
corollagtSr5
07-30-2014, 12:24 PM
^. Hahahha
freakshow
07-30-2014, 01:43 PM
guys.. you know he has mental health problems.. right?
Szeto
07-30-2014, 01:52 PM
i don't... but he could be saying that just so people stop flaming him :( anyways, best of lucks to him.
guys.. you know he has mental health problems.. right?
That's a might large blanket statement to make. Unless u know specifics, I wouldn't be talking about someone's mental situation
RFlush
07-31-2014, 01:08 AM
That's a might large blanket statement to make. Unless u know specifics, I wouldn't be talking about someone's mental situation
Did you not read through the thread?
http://www.revscene.net/forums/696869-does-anyone-want-invest-start-up-kungshoes-com-me-3.html#post8505608
Stuck in the mental health system
Did you not read through the thread?
http://www.revscene.net/forums/696869-does-anyone-want-invest-start-up-kungshoes-com-me-3.html#post8505608
thanks, i did read that. it could mean anything, not that he is mentally unstable, it could be a minor thing. we do not know the story, so before calling someone mental, perhaps we should reserve judgement.
mental health is a broad area of coverage which should not result in people classifying someone who has spent time in the mental health system as 'mental' or unable to live in society.
suzuka84
07-31-2014, 02:47 AM
where's the update from this clown?
You came up with the idea for kung shoes and your mom ripped it off so she beat you to market. You are the only person emailing fashion houses for collaborations. You need to start a blog and website to generate more traffic.
twitchyzero
07-31-2014, 09:41 AM
thanks, i did read that. it could mean anything, not that he is mentally unstable, it could be a minor thing. we do not know the story, so before calling someone mental, perhaps we should reserve judgement.
mental health is a broad area of coverage which should not result in people classifying someone who has spent time in the mental health system as 'mental' or unable to live in society.
Is there a diagnosis for someone who believes in Bruce Lee endorsements, reshares a facebook posts 8 times and lists kung fu shoes with sweat stains for sale?
RFlush
07-31-2014, 09:45 AM
thanks, i did read that. it could mean anything, not that he is mentally unstable, it could be a minor thing. we do not know the story, so before calling someone mental, perhaps we should reserve judgement.
mental health is a broad area of coverage which should not result in people classifying someone who has spent time in the mental health system as 'mental' or unable to live in society.
No one except you said any of those things. All freakshow said was that the op has had mental health problems to which the op has admitted of. No one said he is unstable or anything, freakshow was only reiterating what the op has said. No blanket statements, just facts according to what was said.
No one except you said any of those things. All freakshow said was that the op has had mental health problems to which the op has admitted of. No one said he is unstable or anything, freakshow was only reiterating what the op has said. No blanket statements, just facts according to what was said.
if you can't read between the lines and take words at face value, you won't do much in life
Presto
07-31-2014, 02:22 PM
I vote for some empathy for the OP. It's obvious that he needs money, and is desperately looking for some kind of solution. He should first seek help, if his head isn't right, and forget all these "ideas" because his strength is not entrepreneurship.
HondaCRZy: Please realize that, in general, the good things in life don't just rain down from the sky as venture capital. Most people don't go from zero to millions, overnight. Take the path that'll get you to a place you can make use of your skills doing something you can enjoy, and take pride in. Be forewarned, you're working your way up, and the path isn't always easy, but when you finally arrive at the destination, you'll see that all the bullshit was worth it. For me, it was 2 jobs, a certificate, and 11 years later before I got my awesome job as IT guy. :)
RFlush
07-31-2014, 05:24 PM
if you can't read between the lines and take words at face value, you won't do much in life
ROFL, if you can't manage to comprehend posts, you will probably just be angry and complain a lot. But I guess that's why you are anti social and only need to post on forums about your miserable life in Vancouver yet somehow need to stay attached to the past.
GGnoRE
07-31-2014, 07:44 PM
^ woah shots fired...
ROFL, if you can't manage to comprehend posts, you will probably just be angry and complain a lot. But I guess that's why you are anti social and only need to post on forums about your miserable life in Vancouver yet somehow need to stay attached to the past.
haha, this is proof that you take (my) words too literally.
i lived a relatively great life in vancouver, made (relative to vancouver standards) loads of money, lived in a great place, drove a great car (i still miss that car), was (and am still) with the love of my life, healthy, family close by, etc.
but, i couldn't stand vancouver people, the attitude of them, the lifestyle people try to attain all whilst living in a fake place full of fake people that has no ability to grow one's career to the standard i was looking for. so, i left. i have even more of what i had in vancouver now, but with the addition of living in one of the top ranked cities in the world that is full of a way better feel than vancouver - i'm sorry to report that vancovuer is a beautiful place, great place to be rich in, but terrible place to become rich, yet is full of fake 'rich' people.
let's just put it this way, i'll come back to vancouver when i retire (probably be in my late 40's) and spend 3-4 months there (the rest will be split between the US, Europe, and Asia) - difference is, i'll be one of those rich people who made their fortunes elsewhere to spend a little in vancouver. i'll be part of vancouver's problem - if you can't beat them, join them.
please don't try to knock me, it doesn't work, unlike many i'm so incredibly comfortable in my skin and happy with my accomplishments that I live to love life - you think i'm complaining because i'm grumpy or whatever, i complain about things because they could be so much better, but as i age I realize that the old adage is true - if you can't beat them, join them.
and yes, i am somewhat anti social. I have too many friends. I love time to myself, with my family, with my partner - i'm sorry if i get pleasure out of just living, i don't need to be constantly doing things with other people. having said that, it does come down to the people, people where i am now are way more chilled out, live and let live, etc.
so back to the original point, when someone says someone has mental issues so to lay off, it's suggesting they are incapable to live a real life because of their mental issue. This is crap. Mental issues are so common among people, ranging from the minor to the crazy, but they are all within the umbrella of mental health. don't take words so literally, it's a sign of lacking intelligence.
SoNaRWaVe
08-01-2014, 01:39 AM
stop generalizing and stereotyping people in vancouver. thats as bad as saying surrey is the worst shit hole.
no one likes a gloater and a bragger.
you retiring in late 40's or spend your time wherever it is you want to, no one gives a shit.
your last part of the post would have sufficed.
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