Author Topic: Investment Opportunity – Earn a Cut of My Future Profits (Updated 1/31/2014)  (Read 2352 times)

HonoluluExpress

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Update 1/23/2014: Out of respect I will wait until I, along with the community, thinks it will be acceptable to publicly pursue an investor. I have decided I am not going to be publicly pursuing investors at this time. You may still however contact me privately about this. I will stay here and help this community to the point where we believe that I have proven my commitment to Silk Road. I thank you all for the interest you have taken regarding my investment seeking.

Update 1/25/2014: HonoluluExpress is proud to announce that we are scheduled to become a vendor with in 14 days. Stay tuned everyone! We will be selling high quality bud! We have reopened this thread because of this. This thread will be used (for the moment) for everyone to see what kind of business plan we still have to offer.

Update 1/31/2014: As of 1/29/2014 We are official vendors!

Dear Silk Roaders Would you invest a little money now if it meant ongoing returns for the foreseeable future? For the last six weeks, I’ve been working on a Vendor Business Plan. I believe the plan to be a solid, profitable business proposal (and I’m publishing several details from it below, so you can make your own judgement of this) – but in order to implement it, I need funds. Let me be clear: I’m not asking for somebody to just “lend me the vendor bond” – I’ve done my research, I know how much I need, and I’m looking for serious investment from serious people to bring this profitable business model to life. If you’re even just slightly interested in a long-term revenue stream, then please read all the way to the end. If you think I’ve missed something, let me know – I’m committed to making this work. Where possible, please post questions publicly in this thread in case others have the same question. You can send private or sensitive questions via encrypted PM using the public key in my profile, and if you’d prefer to communicate in real-time, I can give you my Torchat ID. If you wish to retain your anonymity, use a throwaway account.

Navigating This Proposal:

1. My Approach To Business
2. Business Model Specifics (e.g. products, shipping destinations)
3. Marketing & Retention Strategy
4. Possible Risks & How I Will Address Them
5. How Much I Need & Where It Will Be Spent
6. How It Works & What You’ll Earn
7. Looking To The Future
8. About Me

::: 1. My Business Mentality ::: Right now, customers navigating the Deep Web to find the goods they want are faced with a big problem: Who to trust. With so many scammers popping up like daisies, it’s important for customers to find a vendor they can trust in the long-term. I am not interested in making a fast buck. I am not interested in a quick, easy ride – I’m here to provide a serious, reliable service to customers, and to build lasting relationships with my future business partners. What is to be gained from a quick exit? With the right planning and dedication, the ‘exit profit’ can be earned many times over on a regular basis that runs indefinitely into the future. I am Honolulu Express, and I am here to stay. Watch this space.

::: 2. My Business Specifics (i.e. products, shipping destinations) ::: Products Though I will begin modestly, I plan to increase my product offerings as my business grows, with the long-term goal of eventually offering the widest selection of any other vendor. I will begin by offering the following staple products, for which I have already sourced a reliable supply: > Medical-Grade Marijuana > Cocaine

Shipping Destinations

Again, I will begin small and build as my business grows. Starting with USA to USA, I will work on adding further destinations in the following sequence:

USA to USA
USA to USA & Canada
USA to NA continents.
USA to rest of the world.

This progressive structure will allow me to thoroughly research all relevant postal/customs information for each new area I add for maximum success in delivery.


::: 3. How I Will Build & Retain a Loyal Customer Base :::

My approach to attracting and retaining customers is not an earth-shattering new technique, it’s simply a collection of what my research has shown to be the most effective methods, and focus on techniques that will establish trust, encourage reviews and reward loyalty.

To establish trust in my product quality, every single batch I list will undergo the following process:

1. I will set aside 4 free samples
2. I will contact 4 trusted community members to test, try and thoroughly review each sample
3. I will publish these reviews, then make the rest of the batch available for purchase

To establish trust in my integrity, I will only ever operate using escrow. I realise that it is now possible to bypass escrow completely, but in the end, escrow is there to protect both parties, and if both parties have sincere motives, escrow should never be an issue.

I will also implement two valuable incentives to encourage reviews and reward loyalty:

1. Each customer who leaves a detailed review on my review thread will receive a 10% discount off their next order.

2. Any customer who completes five purchases with Honolulu Express will receive a 10% discount for life

In the future, I hope to be earning enough money to dip into my own pocket and run periodic ‘Community Giveaways’ of both Cannabis and Psychedelic products. This will never be taken from investment funds however, as it is simply something I enjoy – but it will increase business profits by keeping my brand firmly visible, meaning investors will profit from this anyway.


::: 4. Possible Risks & How I Will Address Them :::

These risks are all areas that may worry a potential customer or knock their confidence if not addressed.

Risk: Intercepted Packages

Customers worried about losing out due to intercepted packages will not need to worry – I have decided to offer 100% refunds for all tracked orders that are intercepted.

This will not only reassure customers, but it will encourage us further to ensure we are staying on top of all the latest stealth best practice.

*This will only be introduced once we expand to non-domestic orders outside of the USA – tracking will not be offered immediately*

Risk: Slow Communication / Response Time

Because I will be dedicated to this business and its success, customers will not experience slow response time. However, to increase their confidence, I will be providing all orders with my TorChat ID for instant resolution to queries.

Risk: Scamming

I will always offer escrow.

::: 5. How Much I Need / Where It Will Be Spent :::

Update 1/25/2014: I no longer need this exact amount of funds. I have acquired investor(s) and we will be opening business soon. I am still open to investors however. All investments will be put into product.

OK, so you’ve seen how I plan to approach my business – so now I want to tell you how much I need and where it will be spent. Here is my startup cost structure:

1. Refundable Bond: $500
The vendor bond is a refundable payment that is returned after a vendor account hits 3 set targets. These are: (a) X Months Vending, (b) $X Worth of Orders, and (c) X Orders. Once refunded, this bond will be given back entirely to investors.

2. Product & Samples: $2,400 - $2,600
Without products there will be no business, and unless I also budget for the samples, the plan I outlined above will not be able to go forward. I will be starting with the following:

454 grams of HQ medical marijuana

3. Shipping Supplies: $250
Pretty self-explanatory!

4. Marketing: $450
I strongly believe in doing things right on every level, so I’m considering using the writing services of WickedWords to make sure my listings & profile are clear, easy to understand and full of marketing best-practice.

Total Investment Required: $3600 - $3800
(Note: This is the minimum I’m looking at – of course, if there’s enough interest from investors, it means I’ll be able to start with bigger quantities for bigger profits)
(Note 2: Starting products are negotiable for investors)

::: 6. How It Works & What You’ll Earn :::

If you’re interested in making an investment with me, then simply contact me with the amount you pledge. I will only start accepting payments once I have pledges that total the correct amount – that way, if I don’t hit my target, nobody will need refunding.

I’m limiting the minimum investment to $100. This is because if I received the funding I needed from 100 different investors, keeping track of accounts would become very difficult!

I will be making investor payments on two levels:

Level One: To begin with, I will be repaying the investment I used for the bond, packing, and marketing. This will be paid back with a 15% additional return – for example, the vendor bond will cost me $500, but I will actually be paying $575 back to investors. The same applies to the cost of packaging and marketing once this has been recovered.

From then on, it will be a case of splitting all ongoing profits with investors 75/25 in my favor. Let’s take an example:

If the total investment received was $10,000, then this is how a couple of examples would work out:

Example 1: Mr Pickles invests $5,000. This represents 50% of all investors, and so Mr Pickles takes 50% of 25% of all of my profits – in other words, whatever profits I make, Mr Pickles gets 12.5%. (If my weekly profits were $3,000 a week for example, Mr Pickles would be getting $375 p/week from me – or $19,500 p/year)

Example 2: Mrs Mystery invests $50. This represents 0.5% of all investors, meaning Mrs Mystery would take 0.5% of 25% of all of my profits – in other words, whatever profits I make, Mrs Mystery gets 0.125%. (If my weekly profits were $3,000 a week for example, Mrs Mystery would be getting $3.75 p/week from me – or $195 p/year)

Example 3: Ms Moneybags storms in and invests $10,000. She will own 100% of the investor shares, and will therefore take 25% of all profits I make.


::: 7. Looking To The Future :::

I’m interested in building longer-term relationships with both customers and investors alike.

So, whilst I’ve discussed the short-term investment I require, it might be nice to touch on my longer-term vision.

If you decide to invest a small amount now, but are impressed by my success and want to invest more to help me expand, then fine – I’m going to remain open to expansion opportunities, and will always be happy to take advice from my investors.

Or you could even decide to re-invest your dividends – in other words, let’s say you invest $1,000, and that on the first day you’re due a payment, you decide instead to keep that invested. If the payment due to you from my profits was $150, your total investment would then increase to $1,150 – meaning your profits will grow faster.

We’ll be in this together for the long-run, and the more confidence I have from investors in the long-run, the faster this business will grow and the more profits we will earn together.

::: 8. About Me :::

I’ve been around since the first Silk Road, but this is the first time I’ve decided to start vending, which is why I’ve created a new alias.

I’m passionate about the community, especially welcoming new members and helping them find their footing – if you’re feeling stuck, feel free to visit my Q&A thread on the Newbie Board, which you can find here: http://silkroad5v7dywlc.onion/index.php?topic=8064.0

I look forward to getting to know you all!

Honolulu Express
« Last Edit: January 31, 2014, 06:53:21 pm by HonoluluExpress »
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gammagoblin

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #1 on: January 20, 2014, 05:44:07 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.
« Last Edit: January 20, 2014, 05:46:18 pm by gammagoblin »
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #2 on: January 20, 2014, 05:53:31 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many entrepreneurs have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.
« Last Edit: January 20, 2014, 06:06:04 pm by HonoluluExpress »
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Pillow

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #3 on: January 20, 2014, 05:58:43 pm »
gammagoblin is right.
Even if you were legitimate, did you includ the risk of involving LE (or just assholes?) with your fund raising?
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #4 on: January 20, 2014, 06:02:10 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many businessmen have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

While this is true, you have not thought of anything brilliant. You are just asking people, many who have already put your business model into action successfully, to hand you money.

~RO
« Last Edit: January 20, 2014, 06:02:50 pm by RoyalOil »
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #5 on: January 20, 2014, 06:04:20 pm »
gammagoblin is right.
Even if you were legitimate, did you includ the risk of involving LE (or just assholes?) with your fund raising?

Still have to disagree. The amount of money someone has doesn't determine what abilities they posses that will allow them to run a business.

I will never disclose any information pertaining to me, reducing the risk of LE compromising this business. I'm tumbling all the bitcoins so there's not going to be any traces for LE to follow.

As for assholes, who are you referring too?

You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many businessmen have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

While this is true, you have not thought of anything brilliant. You are just asking people, may who have already put your business model into action successfully, to hand you money.

~RO

I wouldn't say my idea is brilliant. It's just well planned. Maybe more than other vendors. My business model will be successful. I could just open a vendor account and start vending (if I had the funding) and wing it. Preparing a business model before however would make business go much smoother. It gives me more comfort when running this.
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #6 on: January 20, 2014, 06:05:39 pm »
Good luck Honalulu I wish you the best of luck :)
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #7 on: January 20, 2014, 06:05:55 pm »
THIS IS A CLASSIC PONZI SCHEME

You're going to pay returns to investors with money you get from new investments to encourage even more people to invest, and when you've hit your magic number you cash out.

I've seen it on the internet at least a dozen times.  One notable on black hat world (clear net site) where the guy took close to a million dollars before they caught on, and some people STILL didn't believe it was a scam.


Good luck!

HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #8 on: January 20, 2014, 06:08:34 pm »
Good luck Honalulu I wish you the best of luck :)

Thank you for the kind words. I could use all the luck I can get right now =)

THIS IS A CLASSIC PONZI SCHEME

You're going to pay returns to investors with money you get from new investments to encourage even more people to invest, and when you've hit your magic number you cash out.

I've seen it on the internet at least a dozen times.  One notable on black hat world (clear net site) where the guy took close to a million dollars before they caught on, and some people STILL didn't believe it was a scam.


Good luck!

This is not a ponzi scheme and that is not what I'm going to do. Once I'm out of stock of my first batch. All funds will be repaid and I will then talk to my investor(s) about the next investment. Business will be closed for about a week and a half once I'm out of stock(of my first batch. think of this as a test run). This will prove that this is a long term business. Think of it as a stepping stone to bigger investments.
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gammagoblin

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #9 on: January 20, 2014, 06:09:51 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many entrepreneurs have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

You shouldn't compare starting legimate business to running an illicit drug shop online. There are way more variables to be taken care of and first of all - you are anonymous, therefore you don't take any responsibility if you fuck up. You would, if you invested your own money (you would just lose them and take a hit). This is comparable to lending money from others to start gambling. If you win, you will split your salary, but what if you lose? Poof, funds are gone.
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #10 on: January 20, 2014, 06:12:51 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many businessmen have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

While this is true, you have not thought of anything brilliant. You are just asking people, may who have already put your business model into action successfully, to hand you money.

~RO

I wouldn't say my idea is brilliant. It's just well planned. Maybe more than other vendors. My business model will be successful. I could just open a vendor account and start vending (if I had the funding) and wing it. Preparing a business model before however would make business go much smoother. It gives me more comfort when running this.

So what happens when you hit a roadblock or obstacle (which WILL happen in this business). Are your customer's going to suffer because you can't ship, or are you going to come online to ask for more money? Your operation needs to be 100% sound. A QP of weed and an oz of coke will last you maybe a week on here if you're making semi regular sales. And I know liquidity was a problem for us at first, even with a lot of capital.

~RO
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #11 on: January 20, 2014, 06:13:44 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many entrepreneurs have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

You shouldn't compare starting legimate business to running an illicit drug shop online. There are way more variables to be taken care of and first of all - you are anonymous, therefore you don't take any responsibility if you fuck up. You would, if you invested your own money (you would just lose them and take a hit). This is comparable to lending money from others to start gambling. If you win, you will split your salary, but what if you lose? Poof, funds are gone.

You are right about the part pertaining to the funds. I have to ask though, how can I lose? How does an illegal drug business lose profits? It's an unheard of thing. The only thing that can make me lose the funds are hackers and LE. Both which will NEVER be able to gain access to them.
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #12 on: January 20, 2014, 06:15:36 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many businessmen have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

While this is true, you have not thought of anything brilliant. You are just asking people, may who have already put your business model into action successfully, to hand you money.

~RO

I wouldn't say my idea is brilliant. It's just well planned. Maybe more than other vendors. My business model will be successful. I could just open a vendor account and start vending (if I had the funding) and wing it. Preparing a business model before however would make business go much smoother. It gives me more comfort when running this.

So what happens when you hit a roadblock or obstacle (which WILL happen in this business). Are your customer's going to suffer because you can't ship, or are you going to come online to ask for more money? Your operation needs to be 100% sound. A QP of weed and an oz of coke will last you maybe a week on here if you're making semi regular sales. And I know liquidity was a problem for us at first, even with a lot of capital.

~RO

Good question. The reason I'm starting with a QP and a zip of coke is because that this is a test run. It will work, but I want to get everything down before handling bigger business. There are no obstacles I will face in this test run that will cut into profit margins. I'm starting small to the ropes per say.

Also, this test run is going to allow me to present the trust that you're able to store in me. In the future, yes I may run into obstacles, but I will then have money to be able to sustain these hits. The funds I'm referring to here are the funds coming out of my pocket.
« Last Edit: January 20, 2014, 06:17:39 pm by HonoluluExpress »
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RoyalOil

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #13 on: January 20, 2014, 06:19:34 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many entrepreneurs have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

You shouldn't compare starting legimate business to running an illicit drug shop online. There are way more variables to be taken care of and first of all - you are anonymous, therefore you don't take any responsibility if you fuck up. You would, if you invested your own money (you would just lose them and take a hit). This is comparable to lending money from others to start gambling. If you win, you will split your salary, but what if you lose? Poof, funds are gone.

You are right about the part pertaining to the funds. I have to ask though, how can I lose? How does an illegal drug business lose profits? It's an unheard of thing. The only thing that can make me lose the funds are hackers and LE. Both which will NEVER be able to gain access to them.

We lost about 5k when SR1 shut down. That's a definite loss in profit. Everytime a customer claims a package goes missing is potential loss in profit. Then you also have to account for your own fuckups, off weight, not enough postage, wrong address sent, wrong product sent, etc. No matter what size operation you're running, you will fuck up once or twice. And you'll need to eat those costs.

~RO

You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many businessmen have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

While this is true, you have not thought of anything brilliant. You are just asking people, may who have already put your business model into action successfully, to hand you money.

~RO

I wouldn't say my idea is brilliant. It's just well planned. Maybe more than other vendors. My business model will be successful. I could just open a vendor account and start vending (if I had the funding) and wing it. Preparing a business model before however would make business go much smoother. It gives me more comfort when running this.

So what happens when you hit a roadblock or obstacle (which WILL happen in this business). Are your customer's going to suffer because you can't ship, or are you going to come online to ask for more money? Your operation needs to be 100% sound. A QP of weed and an oz of coke will last you maybe a week on here if you're making semi regular sales. And I know liquidity was a problem for us at first, even with a lot of capital.

~RO

Good question. The reason I'm starting with a QP and a zip of coke is because that this is a test run. It will work, but I want to get everything down before handling bigger business. There are no obstacles I will face in this test run that will cut into profit margins. I'm starting small to the ropes per say.

Also, this test run is going to allow me to present the trust that you're able to store in me. In the future, yes I may run into obstacles, but I will then have money to be able to sustain these hits. The funds I'm referring to here are the funds coming out of my pocket.

I guess a test run isn't a bad idea. All in all, we aren't attacking or calling you a scammer. Just trying to play the devil's advocate before you jump into this shark pool with other people's money.
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #14 on: January 20, 2014, 06:19:51 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I tend to disagree with this statement as there is dragons den etc. to provide finance for entrepreneurs and entertainment for me of course !
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #15 on: January 20, 2014, 06:23:13 pm »
You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many entrepreneurs have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

You shouldn't compare starting legimate business to running an illicit drug shop online. There are way more variables to be taken care of and first of all - you are anonymous, therefore you don't take any responsibility if you fuck up. You would, if you invested your own money (you would just lose them and take a hit). This is comparable to lending money from others to start gambling. If you win, you will split your salary, but what if you lose? Poof, funds are gone.

You are right about the part pertaining to the funds. I have to ask though, how can I lose? How does an illegal drug business lose profits? It's an unheard of thing. The only thing that can make me lose the funds are hackers and LE. Both which will NEVER be able to gain access to them.

We lost about 5k when SR1 shut down. That's a definite loss in profit. Everytime a customer claims a package goes missing is potential loss in profit. Then you also have to account for your own fuckups, off weight, not enough postage, wrong address sent, wrong product sent, etc. No matter what size operation you're running, you will fuck up once or twice. And you'll need to eat those costs.

~RO

You cannot be a successful and reliable vendor if you can't fund your own operation. Period.

I have to disagree. Many businessmen have ideas that are brilliant but they simply cannot start there business with out the required funding. That is why I'm here to ask this. I have the idea and I have it planned out. The only thing I am missing is the funding.

The amount of money someone has does not indicate there abilities to run a successful business.

While this is true, you have not thought of anything brilliant. You are just asking people, may who have already put your business model into action successfully, to hand you money.

~RO

I wouldn't say my idea is brilliant. It's just well planned. Maybe more than other vendors. My business model will be successful. I could just open a vendor account and start vending (if I had the funding) and wing it. Preparing a business model before however would make business go much smoother. It gives me more comfort when running this.

So what happens when you hit a roadblock or obstacle (which WILL happen in this business). Are your customer's going to suffer because you can't ship, or are you going to come online to ask for more money? Your operation needs to be 100% sound. A QP of weed and an oz of coke will last you maybe a week on here if you're making semi regular sales. And I know liquidity was a problem for us at first, even with a lot of capital.

~RO

Good question. The reason I'm starting with a QP and a zip of coke is because that this is a test run. It will work, but I want to get everything down before handling bigger business. There are no obstacles I will face in this test run that will cut into profit margins. I'm starting small to the ropes per say.

Also, this test run is going to allow me to present the trust that you're able to store in me. In the future, yes I may run into obstacles, but I will then have money to be able to sustain these hits. The funds I'm referring to here are the funds coming out of my pocket.

I guess a test run isn't a bad idea. All in all, we aren't attacking or calling you a scammer. Just trying to play the devil's advocate before you jump into this shark pool with other people's money.

Yes those things are a possibility of happening. We will taking extreme caution with everything. We will NEVER store funds on silk road either.

Everyone is going to have different opinions about this. I can understand people thinking that this is a scam. There have been a lot of scammers as of late. I am here to disrupt that flow of scammers however.
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SnowBall II

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #16 on: January 20, 2014, 06:31:00 pm »
guys..... head my warning

remember this post

http://silkroad5v7dywlc.onion/index.php?topic=18680.msg370284#msg370284

red flag - promises big return
red flag - doesnt have 4 g's to start a business, yet knows how to grow, sell, and keep track of investor funds
red flag - is asking for bitcoin
red flag - asking for investment in illegal business
red flag - huge post count, then asks for investments

im out



« Last Edit: January 20, 2014, 06:31:24 pm by SnowBall II »

twatWaffle

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #17 on: January 20, 2014, 06:43:43 pm »
Ok, I can blow through $100 easy in one night at the bar, and not tittie bar either.

Is this like you are doing an IPO? Only not?

So if I choose to be one of your lower tier "investors", how much say do I get, if any?

(preferred stock and common stock ownership each come with different privileges and responsibilities)

That's about the only way I know to ensure stock holders are reimbursed continuously for their initial lay out.

Some more clarity on the structuring of the buyin/payout might be relevant for others, like me.
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #18 on: January 20, 2014, 06:54:42 pm »
Ok, I can blow through $100 easy in one night at the bar, and not tittie bar either.

Is this like you are doing an IPO? Only not?

So if I choose to be one of your lower tier "investors", how much say do I get, if any?

(preferred stock and common stock ownership each come with different privileges and responsibilities)

That's about the only way I know to ensure stock holders are reimbursed continuously for their initial lay out.

Some more clarity on the structuring of the buyin/payout might be relevant for others, like me.

Good question. I will always be offering this to the public. There's another thread that I will make about people being able to invest but this will be some time down the run once the business is firmly established.

I've explained in the OP how much investors will earn. The bond and shipping supplies costs will be repaid in full + interest out of my cut.

The bond and shipping supplies funds aren't going to affect your profit.

$100 will yield you a 1% profit if I start off with $4000.
« Last Edit: January 20, 2014, 06:59:39 pm by HonoluluExpress »
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #19 on: January 21, 2014, 02:48:18 am »
Good luck!
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #20 on: January 21, 2014, 02:49:16 am »
Good luck!

Thank you! I could use all the luck I can get =)
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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #21 on: January 21, 2014, 07:23:01 am »
If you are confident in your ability to sell here, and only need $4K to start up why wouldn't you just take a cash advance out on a credit card. Sure a bank will charge you a  $20 fee, but you have a month to pay it back before the interest rates starts killing you.

Like some said in a previous post a QP and an oz of coke will move fast here and you would pay it off ASAP. To me it just doesn't make sense why a legitimate upcoming vendor wouldn't look for ways to raise money locally rather than asking strangers for BTC on the internet.

I'm not saying you're a scammer per say, but there are easier ways for you to start up without having to give "investors" a cut of your profits for life.
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HonoluluExpress

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Re: Investment Opportunity – Earn a Permanent Cut of All My Future Profits
« Reply #22 on: January 21, 2014, 07:33:05 am »
If you are confident in your ability to sell here, and only need $4K to start up why wouldn't you just take a cash advance out on a credit card. Sure a bank will charge you a  $20 fee, but you have a month to pay it back before the interest rates starts killing you.

Like some said in a previous post a QP and an oz of coke will move fast here and you would pay it off ASAP. To me it just doesn't make sense why a legitimate upcoming vendor wouldn't look for ways to raise money locally rather than asking strangers for BTC on the internet.

I'm not saying you're a scammer per say, but there are easier ways for you to start up without having to give "investors" a cut of your profits for life.
Taking out loans from a bank or on a credit card, this option has been brought to my attention. I think it's in my best interest to not deal with any real life business for a loan because I will need a cover up business too, and that I do not have.

I could raise money locally, but it would take me a long time to raise the required funds I need to begin with this business. Seeking investors is a way that will allow me to jump start this business. Since it is an illegal business I can't get a loan in real life because like I said, I don't have a cover up business.

I'm not offering a cut for life. Just offering a cut on the product you allow me to buy. If you give me $4k to invest in weed for example then you'll receive a cut on the sales of that batch of weed I was able to purchase with the funds my investor has given to me.
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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #23 on: January 21, 2014, 07:59:40 am »
First off, let me state that I don't have a dog in the fight, and I have never ever interacted personally with HonoluluExpress, nor has he interacted with me. But from an outsiders observation looking in, considering HE to run the proposed venture is not just considering some unknown person no one has experience with, HonoluluExpress has obviously helped countless newbies in the 'Sticky' Newbies Thread, and from the somewhat intimidating learning curve of SR, not just pointing them in the right direction, but obviously having many instances of personally interacting with the 'newbies'.  I would suggest this experience alone would go FAR as to interacting with potential customers in the proposed venture, and the rquired work ethic. This is not just someone that may be a salesman, but someone proven to bend over backwards to help new users to SR, which may not be a bad 'virtue' to posses...having to deal with potential customers like myself haha.  Best Of Luck HonoluluExpress!

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #24 on: January 21, 2014, 08:04:12 am »
First off, let me state that I don't have a dog in the fight, and I have never ever interacted personally with HonoluluExpress, nor has he interacted with me. But from an outsiders observation looking in, considering HE to run the proposed venture is not just considering some unknown person no one has experience with, HonoluluExpress has obviously helped countless newbies in the 'Sticky' Newbies Thread, and from the somewhat intimidating learning curve of SR, not just pointing them in the right direction, but obviously having many instances of personally interacting with the 'newbies'.  I would suggest this experience alone would go FAR as to interacting with potential customers in the proposed venture, and the rquired work ethic. This is not just someone that may be a salesman, but someone proven to bend over backwards to help new users to SR, which may not be a bad 'virtue' to posses...having to deal with potential customers like myself haha.  Best Of Luck HonoluluExpress!

I greatly appreciate your kind words and what you've pointed out. Thank you.

I'm gonna to bed. I'll be back tomorrow first thing in the morning to reply to everyone else's comments/messages.
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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #25 on: January 21, 2014, 12:01:28 pm »
I wish you all the best as a Vendor.

Why not aim to raise $750 out of the $4000 you are after.

1.   Setup your Vendor account and pay the bond (you don’t need much marketing apart from some introduction offers/free samples and spreading the word on the forums). If your confident about your product and charge a competitive price it will sell out in no time. You can invest more into marketing after you start making profits. 

2.   Shipping Supplies. This is of course essential & self-explanatory.

3.   Product – if you have a good relationship with your suppliers then try to procure the product on front/credit. If it’s targeting the right audience (quality/price) then it will sell relatively quickly and you'll pay them back in no time.

4.   As the profits start rolling in eventually you’ll be able to purchase your product upfront, re-up on shipping supplies, add more products to your line and even invest in marketing/your setup etc.

Good Luck! :)
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HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #26 on: January 21, 2014, 04:55:31 pm »
I wish you all the best as a Vendor.

Why not aim to raise $750 out of the $4000 you are after.

1.   Setup your Vendor account and pay the bond (you don’t need much marketing apart from some introduction offers/free samples and spreading the word on the forums). If your confident about your product and charge a competitive price it will sell out in no time. You can invest more into marketing after you start making profits. 

2.   Shipping Supplies. This is of course essential & self-explanatory.

3.   Product – if you have a good relationship with your suppliers then try to procure the product on front/credit. If it’s targeting the right audience (quality/price) then it will sell relatively quickly and you'll pay them back in no time.

4.   As the profits start rolling in eventually you’ll be able to purchase your product upfront, re-up on shipping supplies, add more products to your line and even invest in marketing/your setup etc.

Good Luck! :)

Thanks for this suggestion. $750 may be enough to start up this business. It will cover the bond and shipping supplies. However, unfortunately I'm not able to acquire a front. I can't go into too much detail about why, but if I could acquire a front then $750 will probably suffice.

As for marketing goes. I'm acquiring assistance from a copy writer to write my posts/vendor profile/vendor listings to make them look as professional and understandable as possible. I personally don't believe that this is NEEDED, but it is certainly going to allow me to reach out to customers in a more clear way.

All in all though. This suggestion would probably work if I could acquire a front and $750.

Thank for you kind words. Much appreciated.
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BloodVsCrips

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #27 on: January 21, 2014, 11:50:10 pm »
You are thinking ass backwards, it should of never came to this...

So you are telling me you can get ounces and potenitally kilos of uncut cocaine? SIT DOWN WITH YOUR SOURCE!!, show him SR. Show him the prices of domestic coke, show him how good vendors cant keep up with the demand and how many reviews they have daily, the money he is missing. Show him that you have command of tor, using sr, communicating, your business expenses, how you are going to ship, and he will front you whatever you need to get the business rolling because he has the resources at his disposal.

Sure your cut will be less, but you will still be stacking. No worrying about paying X Y and Z back and opening yourself to more people. Keep your circle as small as possible. Just you and the supplier.

Kallster

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #28 on: January 22, 2014, 12:04:14 am »
You are thinking ass backwards, it should of never came to this...

So you are telling me you can get ounces and potenitally kilos of uncut cocaine? SIT DOWN WITH YOUR SOURCE!!, show him SR. Show him the prices of domestic coke, show him how good vendors cant keep up with the demand and how many reviews they have daily, the money he is missing. Show him that you have command of tor, using sr, communicating, your business expenses, how you are going to ship, and he will front you whatever you need to get the business rolling because he has the resources at his disposal.

Sure your cut will be less, but you will still be stacking. No worrying about paying X Y and Z back and opening yourself to more people. Keep your circle as small as possible. Just you and the supplier.

Makes sense to me !
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HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #29 on: January 22, 2014, 12:20:01 am »
You are thinking ass backwards, it should of never came to this...

So you are telling me you can get ounces and potenitally kilos of uncut cocaine? SIT DOWN WITH YOUR SOURCE!!, show him SR. Show him the prices of domestic coke, show him how good vendors cant keep up with the demand and how many reviews they have daily, the money he is missing. Show him that you have command of tor, using sr, communicating, your business expenses, how you are going to ship, and he will front you whatever you need to get the business rolling because he has the resources at his disposal.

Sure your cut will be less, but you will still be stacking. No worrying about paying X Y and Z back and opening yourself to more people. Keep your circle as small as possible. Just you and the supplier.

I can't go into detail about this. All I can say is that it can't work like that. Plus, I've cut out cocaine my from initial business plan. The profit margin is simply not high enough when buying just an ounce. I will have to hold off on coke sells until I've acquired the needed funds to purchase weight.

Also I'd like to add that a business with investors will turn a bigger profit. That is why my doors will always be open to investors. Unfortunately I require an investor in order to start this business.
« Last Edit: January 22, 2014, 12:20:59 am by HonoluluExpress »
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Snowboarding

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #30 on: January 22, 2014, 12:23:41 am »
if you need cash flip product.

HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #31 on: January 22, 2014, 12:25:23 am »
if you need cash flip product.

I do not handle illegal product sales in real life. Nor will I ever.
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Snowboarding

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #32 on: January 22, 2014, 12:28:34 am »
if you need cash flip product.

I do not handle illegal product sales in real life. Nor will I ever.

dude sell t-shirts

HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #33 on: January 22, 2014, 12:29:42 am »
if you need cash flip product.

I do not handle illegal product sales in real life. Nor will I ever.

dude sell t-shirts

If I had the funds to do anything I wouldn't have even made this thread :p
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Snowboarding

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #34 on: January 22, 2014, 12:33:17 am »
if you need cash flip product.

I do not handle illegal product sales in real life. Nor will I ever.

dude sell t-shirts

If I had the funds to do anything I wouldn't have even made this thread :p

how much do you need?

HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #35 on: January 22, 2014, 12:35:53 am »
if you need cash flip product.

I do not handle illegal product sales in real life. Nor will I ever.

dude sell t-shirts

If I had the funds to do anything I wouldn't have even made this thread :p

how much do you need?

I'm aiming to acquire $4,000 for start up funds. I have decided to remove coke and use those funds to invest in more marijuana. This increases profits by almost 110%.
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Radius2000

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #36 on: January 22, 2014, 01:19:23 am »
What are your margins? Or, put simply, how much are you buying at and how much are you selling for?

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #37 on: January 22, 2014, 01:24:37 am »
What are your margins? Or, put simply, how much are you buying at and how much are you selling for?

I would like to start off with a LB. I am able to get HQ medical marijuana for $2400-$2600/LB.

Profit margins for marijuana sells will be between 95% and 105%.
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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #38 on: January 22, 2014, 04:27:14 am »
In all honesty if you are worth half a shit irl you could pitch your idea to people that would be willing to invest in you, even if yyou gave them a front business plan. I've worked with capital investors and been a capital investor many times, and with your plan and the risks involved if I were to fund it I would want principal +50% of net profit back ASAP, period. Loan shark rates, because with the level of risk and anonymity involved that is the only way it would be worth it. If you found those terms agreeable I would have to ask myself, why would he be ok with such high interest and I would probably conclude that you were a scammer, or you were ok with sacrificing short term to start up. Either way, good luck, though I think someone who wanted to be a vendor should be able to sort these things out irl, because otherwise all I envision is some broke ass person who burnt a bunch of bridges trying to get a quick payout. I don't throw good money after bad money, and someone who has no ends themselves is bad money.

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #39 on: January 22, 2014, 04:34:09 am »
In all honesty if you are worth half a shit irl you could pitch your idea to people that would be willing to invest in you, even if yyou gave them a front business plan.
Unfortunately I do not have the people to go to in real life for this.

Quote
I've worked with capital investors and been a capital investor many times, and with your plan and the risks involved if I were to fund it I would want principal +50% of net profit back ASAP, period. Loan shark rates, because with the level of risk and anonymity involved that is the only way it would be worth it. If you found those terms agreeable I would have to ask myself, why would he be ok with such high interest and I would probably conclude that you were a scammer, or you were ok with sacrificing short term to start up.

I am not willing to give more than a 25% cut. I am doing all the work and am the one taking the ultimate risk here.

Quote
Either way, good luck

Thank you. I could use all the luck I can get.

Quote
Though I think someone who wanted to be a vendor should be able to sort these things out irl, because otherwise all I envision is some broke ass person who burnt a bunch of bridges trying to get a quick payout. I don't throw good money after bad money, and someone who has no ends themselves is bad money.

No comment.
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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #40 on: January 22, 2014, 06:11:35 pm »
what are you going to invest in?

I can invest 100$USD in 25i nbome and make 1,000$USD

HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #41 on: January 22, 2014, 06:14:53 pm »
what are you going to invest in?

I can invest 100$USD in 25i nbome and make 1,000$USD

This question is answered in the OP.
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HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #42 on: January 22, 2014, 06:35:20 pm »
Quote
im a lazy reader

I'm a lazy repeater =(
« Last Edit: January 22, 2014, 07:50:15 pm by HonoluluExpress »
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Snowboarding

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #43 on: January 22, 2014, 08:02:43 pm »
I only read the important stuff... do not got time to read all the BS

TheRealCynic

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #44 on: January 22, 2014, 11:30:03 pm »
So how about these points Honolulu'?

This post would suggest you have somebody that owes you..


Re: What inspired you to initially try drugs?
« Reply #28 on: January 12, 2014, 01:45:01 am »

    Quote

My friend hit me up one day asking me to invest in him so he can start selling weed. So I invested the money into em. That's pretty much how I got into drugs. Eventually I thought I'd try what I'm investing em. So I bought a blunt from him.

Haven't became a heroin addict yet! :D
« Last Edit: January 12, 2014, 01:54:43 am by HonoluluExpress »
...
Then there is the issue of opsec, that you will put others at risk with your stupid friends that you have let know about your enterprise.
...
As I said, send me your kneecaps, I will send you the money.
...
The time you spend talking to newbies on here could have been better focused on earning the $$ you need to start up?.
...
Try crowd funding. But even with this you have to offer something tangible for return.
...
I am not writing this to hurt your ambitions. But you should realise by now that this will not wash. You are on the back of Eveyhammond to name 1. but very recent. Same Mo as your's.
...
You offer nothing tangible in your proposal. Not even a good prop. What are your SWAT's ?
...
If you have real intentions of being here long term then do yourself a favour and pull this thread.
When you have a year or so up your sleeve then try again. Your approach is not professional in this instance.
...
I did think about this long and hard.
You have no firm proposal. you have fashioned it ad-hoc to suit possible investors.
Try selling some shit on ebay that will get you a leg up.
...
Someone has to air this stuff...
In all honesty I do wish you all the very best for the future.
:)


« Last Edit: January 22, 2014, 11:31:28 pm by TheRealCynic »

HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #45 on: January 22, 2014, 11:38:33 pm »
That post does not suggest that I have someone owing me money. That is something I did a long time ago that is no longer in operation. That is also not going to affect me in anyway. I have no current affiliations with any type of illegal transactions. I have sold drugs in real life before. I will not continue doing that though for it puts me at great risk.

In reply to "my friends". You do not know my friend(s) on a personal level like I do. I know who I can trust and who I can not. When you've known someone for almost your entire life you then realize if there's a possibility of them turning on you. I am extremely confident that they will not flip. I firmly believe I have a loyal relationship with them. I have not exposed any time of information that connects me to silk road to anyone EXCEPT the friend(s) that will be helping me once I become a vendor.

Also, don't call my friends stupid since you do not them.

Quote
Try crowd funding. But even with this you have to offer something tangible for return..
I am open to multiple investors. Hence the $100 investment minimum.

In reply to all of your other questions/statements I simply reply "No comment" to all of them.
« Last Edit: January 22, 2014, 11:43:00 pm by HonoluluExpress »
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TheRealCynic

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #46 on: January 22, 2014, 11:45:33 pm »
Oh I am not calling your friends stupid.
I never wrote that!
I will just back up my previous statement on friends.
You are stupid to have them know.
You are putting them at risk.
It's like if I tell a friend about what I do. Then he gets busted and rats me out, who have I to blame but myself?
Good friends can stay good friends they need not know your operation.
You should declare your intersts if you are serious about an investor.
You know I am almost sure you are legit in your ambition.
But a little niave to be entering this stage at the level you are looking at.
:)

so that was 1%per $100?
No comment, can't comment?
Bullet in the foot!
« Last Edit: January 22, 2014, 11:48:13 pm by TheRealCynic »

HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #47 on: January 23, 2014, 12:04:35 am »
Oh I am not calling your friends stupid.
I never wrote that!
I will just back up my previous statement on friends.
You are stupid to have them know.

My apologies. I miss understood your post.

Quote
You are putting them at risk.
It's like if I tell a friend about what I do. Then he gets busted and rats me out, who have I to blame but myself?
Good friends can stay good friends they need not know your operation.

I completely agree. You have no one but your self to blame. However I must have assistance if I am able to run the business that I am proposing to operate here. Theoretically I could do it on my own, but it would be a very difficult job to handle. They stand by my beliefs that I have on the usage of drugs and are willing to rebel against it with me. They are fully aware of what they getting themselves in to.

Also I'd like to add that only the people I plan to work with know that I am affiliated with silk road. I DO NOT under any circumstances discuss my involvement with silk road. I keep my life on silk road a complete secret as does my crew.

Quote
You should declare your intersts if you are serious about an investor.
You know I am almost sure you are legit in your ambition.
But a little niave to be entering this stage at the level you are looking at.
:)

Thank you for the kind words. Much appreciated.

I HIGHLY recommend that my investors speak with me over a reasonable period of time before investing in me. It is very important that you feel completely comfortable doing something before you actually do it.

Quote
so that was 1%per $100?
No comment, can't comment?
Bullet in the foot!

If I'm looking for $4,000 in start up funds and someone investments $100 then they will receive 1% of my profits. This number is subject to change though if I were to acquire more than $4,000 in funds. The profit shares are fixed. I will never receive more or less than 75% of the profit unless discussed and agreed upon other wise. I doubt I'll be changing that though.

EDIT: I'm constantly updating this post because I keep remembering what else I said. I'll stop updating it in a few minutes though.
EDIT 2: All done editing.
« Last Edit: January 23, 2014, 12:28:44 am by HonoluluExpress »
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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #48 on: January 23, 2014, 12:45:23 am »
mate I dont think your going about this the right way.  If you cant get your hands on 4k by your self you should not be in this game.  There are SO MANY variables you have not thought about that WILL come into play at some stage or another.  I have beeen vending in the real world for 6+ years.  I have been vending on Darknet markets for the last year or so.  starting from SR 1.0.  since then 4 markets have gone down with my coin. (Atlantis, SR1, SHeep, & Tormarket) So far I have lost nearly 60k due to these UNFORESEEABLE potholes.  and guess what there is NOTHING you can do about that.  When this happens there is no one that can help.  Its tough shit.

And when this happens what ever you do you do not want to be loosing other peoples capital.  trust me.  not in this world.
Also another thing you must remember is this escrow system.  Sometime it takes WEEKS to get paid for a job you do 'today'.  In the current sate of SR2.0 it could take months or years. (auto finalization turned off) 

I can tell your going into this with good intentions, but mate from experience you need you be using your OWN money.  You are going to have enough problems keeping your supply running to your customers & keeping your customers happy.  You dont want to be fucking around with investors as well.  esp not when your talking about an opperation the size your talking about. (very very very small)

Any way man i dont want to dissapoint you here man.  I can see you really want to give this a go but trust me.  get your own capital.  Common its not that hard to get your hands on 4k is it?? 

my 2 cents


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HonoluluExpress

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Re: Investment Opportunity – Earn a Cut of My Future Profits
« Reply #49 on: January 23, 2014, 01:06:08 am »
mate I dont think your going about this the right way.  If you cant get your hands on 4k by your self you should not be in this game.

As I said before in this thread. A persons wealth does not determine there ability to operate a business.

Quote
There are SO MANY variables you have not thought about that WILL come into play at some stage or another.  I have beeen vending in the real world for 6+ years.  I have been vending on Darknet markets for the last year or so.  starting from SR 1.0.  since then 4 markets have gone down with my coin. (Atlantis, SR1, SHeep, & Tormarket) So far I have lost nearly 60k due to these UNFORESEEABLE potholes.  and guess what there is NOTHING you can do about that.  When this happens there is no one that can help.  Its tough shit.

I understand the risks that are involved in this and I hope my investors do too. I have thought of pretty much everything that could go wrong that will impact profit margins. Also I feel the need to remind you that this is a test run(that doesn't justify anything though).

Quote
And when this happens what ever you do you do not want to be loosing other peoples capital.  trust me.  not in this world.

I understand what you're talking about here. Fortunately for me I will remain anonymous through out this operation. Lets say that in a year after I've secured investors, this business is booming, I have $100,000 in escrow, and then SR shuts down making me lose all coins in escrow. If I have the funds. I will pay back what my investors lost. Lets say that I only have $10,000 in my pocket though and I'm not able to pay back the full amount that I rightfully owe. I will pay back what I can. I must keep some of the funds however because I have to support my self.

Quote
Also another thing you must remember is this escrow system.  Sometime it takes WEEKS to get paid for a job you do 'today'.  In the current sate of SR2.0 it could take months or years. (auto finalization turned off)

I have to disagree. I don't think it's going to take SR much longer to fix the auto FE situation we're dealing with here. My investors are more than happy to wait until SR is sailing smoothly before investing though. As for the volatility of the BTC market and having to keep funds in escrow for periods of times. This is another risk that my investors and I are just going to simply have to take. That is the nature of the bit coin market at the moment.

Quote
I can tell your going into this with good intentions

Thank you for the kind words.

Quote
but mate from experience you need you be using your OWN money.  You are going to have enough problems keeping your supply running to your customers & keeping your customers happy.  You dont want to be fucking around with investors as well.  esp not when your talking about an opperation the size your talking about. (very very very small)

I must correct you here. Your experiences are from real life. If you messed up then you had to deal with your investors (speaking as if you had some) face to face. I however will never have to worry about that. Let me remind that I'm talking about my personal health safety here.

I may be answer what I have quoted in this part of the reply wrong. Let me know if I am.

Quote
Any way man i dont want to dissapoint you here man.

No worries. I've taken no offense.

Quote
I can see you really want to give this a go but trust me.  get your own capital.  Common its not that hard to get your hands on 4k is it??

my 2 cents


Wilfred!

It's harder than you may think with out turning towards illegal crimes.
« Last Edit: January 23, 2014, 01:25:42 am by HonoluluExpress »
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