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Investors Needed For New Project

Discussion in 'Joint Ventures' started by 2011nfl, Jan 8, 2013.

  1. 2011nfl

    2011nfl Supreme Member

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    About Me

    Before I begin, I would like to introduce myself (for those who don't know me) before going into the details. I have been a member of bhw for nearly 3 years and have been a contributer here. I have ran JV's recently with other members, and they can vouch that I handle business in a professional manner deliver and pay my investors as promised.


    The Project

    I have an invention that I will be submitting to kickstarter. It will be an football board game. I have already designed the game, and just need to create a demo, website, profile, and hype for the project. Should the kickstarter project work out, I will pay my investors back in full plus 50% ROI (Example: $1000 investment would generate $1500 return) as soon as I recieve funds from kickstarter. Should kickstarter NOT fund the project, the ROI would still be the same, but I would have to advertise my product solo. This will not matter since the product is unique, and in a very popular niche.


    Investments Needed

    I will need a minimum of $5700 total investment for this project. The details are listed below:


    • Machine shop expenses (for creating the actual game demo) =$3000
    • Proessional Website with testimonials ect. =$500
    • Professional Video for promotion =$200
    • Copywriting =$1000 (minimum)
    • Business License and DBA =$800
    • Professional Portfolio =$200


    After Investments Are Recieved

    I will be submitting to kickstarter for a minimum of $30,000 which will cover all investments plus returns, and my funding needs. This will be a hot project, and will easily climb the latter.


    Conclusion

    This will be a hot project, and will easily climb the latter. This is your chance to get in on the ground level. Thanks for taking the time to read into my proposition. :)
     
  2. BigBuddy

    BigBuddy Account Under Review

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    Approved.

    We BHW not responsible for any money you invested in this JV. Do your due diligence before investing your hard earned money.
     
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  3. T2tkid

    T2tkid Jr. VIP Jr. VIP Premium Member

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    Nice Concept, although i don't know much. how long will it take to get the ROI? 6months? 6years? Uncertain?
     
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  4. 2011nfl

    2011nfl Supreme Member

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    It should take about a month to get everything set up with the website, and the demo, ect. Then once that part is done, it takes up to 7 days for kickstarter to approve, then 30 days to gather pledges. Then the pledges will need to be paid (which should take less than 7 days) so with those calculations, I would say 60-75 days.
     
  5. steelballs

    steelballs BANNED BANNED

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    OP Wishing you all the best going forward with your project:cool:

    For all those that do not know 2011nfl I can vouch for his Integrity - Honesty and Professionalism
     
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  6. briptech

    briptech Power Member

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    Hello mate, what is the minimum amount for every single investor?
     
  7. PureBlack

    PureBlack Power Member

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    Hi, what is the minimum amount of investment?

    edit: the person above me and I posted at the same time, therefore asking the same question.
     
  8. 2011nfl

    2011nfl Supreme Member

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    There is no minimum. Whatever the investor can afford will be accepted. If you invest $100, then the payout would be $150. If you invest $500, the payout would be $750 and so on. :)
     
  9. 2011nfl

    2011nfl Supreme Member

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    I am going offline and will be offline for at least the next 12 hours. Any questions will be answered when I come back online. You can also feel free to add me on skype. Thanks in advance for your interest, and have a nice day :)
     
  10. onlineworker_007

    onlineworker_007 Regular Member

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    hello
    james is good guy .. easy to work with .. good in communication .. and honest guy
     
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  11. joshweaver9

    joshweaver9 Senior Member

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    I was in a JV with nfl last year and while the JV ended up being unsuccessful from a method standpoint, all investors were returned their money and I had absolutely no complaints.

    NFL is a good guy and one of the few that I would give money to on this board.
     
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  12. 2011nfl

    2011nfl Supreme Member

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    Thanks guys. I appreciate your kind words and support :)
     
  13. back2form

    back2form Jr. VIP Jr. VIP Premium Member

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    To be frank :- i don't believe in JV after reading chailak thread & many other's,

    But, when i'm seeing nfl on JV, Nothing seems wrong. This really looks promising, Moreover nfl is good reputed member here that i knows from the start by his consecutive posts, helping other's, etc.... PM me if this offer still available ? Also I can able to invest like $500 - $1000 at this month end.

    All the best for your new projects!


    Thanks,
    Bart
     
  14. antichrist

    antichrist Jr. VIP Jr. VIP

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    I thought you could not ask for a financial JV anymore in the forums? Anywho, good luck op! I always like reading your posts and wish you the best of luck!
     
  15. Junkfood00

    Junkfood00 Elite Member

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    That new rule was introduced a few hours after this thread was created.

    OP, what's the matter with self-funding the project you're in?
     
  16. 2011nfl

    2011nfl Supreme Member

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    There is absolutely nothing wrong with self funding. I run many different projects, some I run on my own, some I take investments for. This particular one I decided to take funding for. :)
     
  17. knockoutlocal

    knockoutlocal Junior Member

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    interesting project. Have you tried going on Prosper to get funding? I received over 20k in loans from there... but you need good credit.
     
  18. 2011nfl

    2011nfl Supreme Member

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    Yea. Credit was my problem with them. But it has been a long time now. I have cleaned my credit some since then. It may be worth another shot :)
     
  19. nanavlad

    nanavlad Jr. VIP Jr. VIP Premium Member

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    Can you explain to me how this is an investment, If i dont own any oart of the project, receive and gains from future sales, Just a flat interest on my unsecured loan to you..

    I.m not questioning your honesty or integrity, but it seems to me your looking for an unsecured loan.with only your word that it will be repaid.

    I also wonder why you didnt offer this to your previous investors, who seem so happy with your previous deals

    I know , I always offer new deal to previous investors, If ive delivered on my promises before, its a very easy sale..
     
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  20. 2011nfl

    2011nfl Supreme Member

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    Previous investors are happy, but they are currently working on other things. We can definitely work something out on future sales, I just didn't post that because alot of people are more worried about exact numbers on what they can expect back. So percent of future sales is not out the window, it was just never brought up. And yes, I am a man of my word. Without my word, I am nothing. Call me old fashioned, but that's how I was raised. :)