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13 Replies Last post: Mar 18, 2008 2:39 AM by TJMorehead

New Business Start Up in Seattle (Kirkland/Bellevue/Redmond)

May 12, 2008 10:07 PM

Click to view seeker's profile Mogul seeker 19 posts since
May 12, 2008
Hi,
I have $600,000 ready (plus +$800k line of credit approval through my existing company) for a new business start up in Seattle area. I am open to any intelligent ideas or partnerships.

Thanks,
Burk
Tags: alternate_financing_options, buisness, business, business_credit, capital, cash_flow, collateral, credit, financing, financing_customers, growth, intellectual_property, investment_loan, investor, line_of_credit, loan, loan_to_purchase_property, loan_to_take_over_business, money, personal_credit, small_business_loan, start, start-up, up, working Report as inappropriate
Click to view LUCKIEST's profile SCORE LUCKIEST 7,927 posts since
Aug 6, 2007
1. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) May 13, 2008 7:12 AM
in response to: seeker
New Business Start Up in Seattle, Welcome

It is nice to have those funds available. What kind of start up you looking for??
Lots of luck. Keep us up to date.
This could be interesting.
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Click to view seeker's profile Mogul seeker 19 posts since
May 12, 2008
2. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) May 13, 2008 2:02 PM
in response to: LUCKIEST
not sure - I prefer partnering an ongoing business rather than having a new start up but still open to any ideas..

I know there are many geniuses out there with brilliant ideas but no funds. I have funds but no different ideas at all.. Maybe is because I am too busy with my own job..
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Click to view EL_DollarShop's profile Mogul EL_DollarShop 45 posts since
May 6, 2008
3. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) May 17, 2008 3:11 PM
in response to: seeker
Greetings Burk,
I might have something you would be greatly interested in.
Shoot me an email at mjeisenbaugh@hotmail.com I can send you my business plan and personal phone number where I can be reached.

Hope to here from you soon,
Michael
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Click to view Adducent's profile Mogul Adducent 338 posts since
May 22, 2008
4. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) May 28, 2008 5:04 PM
in response to: seeker
Hi Burk,

I'm sure your getting a lot of things pitched at you for the money. If you think about it and decide to consider ways for better use of that money rather than to put into a start-up; let me know. You could take that capital and with proper deal structure and the judicious use of some leverage, and acquire a nice company with established revenues and income without having to go through the hassle of a start-up. I'd be happy to discuss with you if you like. Feel free to contact me.

Dennis Lowery
Adducent, Inc.
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Click to view PeoplePawn's profile Mogul PeoplePawn 28 posts since
May 28, 2008
5. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) May 28, 2008 6:14 PM
in response to: seeker
Burk:

Congratulations...you are in an enviable position. Not sure how much business experience you have. The great thing about Seattle is that there is great deal-flow when it comes to looking at "angel" type investing.

I am bringing my third successfull start-up to launch position. I'm in the pre-revenue Series A funding mode currently. I believe I have created a unique business model that is a hybrid within a highly fragmented industry. I have taken the time to research and build a uniquely positioned brand. I have previous success in the space and attracted/build a "been there" "done that" Board Of Advisors". My financial model is profitable within a year as well as scalable....with a proven exit strategy.

I've soft-circled almost $200K thus far. I have 'skin-in-the-game" myself from both a funding and non-salary position. I'm looking for strategic investors that will close this Series A.....so that we can prove the concept, generate traction and then grow this concept locally, regionally and nationally.

My financial modeling, based upon previous experience in this same space with a less attractive financial model shows a strong IRR (Internal rate Return) as well as an projected 9X return with a 5-year period.

If you would like additional information, I'm happy to meet with you, give you access to the secured "Investor Area" of the web site, allowing you access to reference materials for considerations. Thanks for your consideration.

Regards,

Patrick (Patrick@PeoplePawn.com)
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Click to view seeker's profile Mogul seeker 19 posts since
May 12, 2008
6. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jun 10, 2008 12:10 PM
in response to: PeoplePawn
Thanks Patrick,
I ve just sent you an email.

Seeker
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Click to view seeker's profile Mogul seeker 19 posts since
May 12, 2008
7. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jun 10, 2008 12:20 PM
in response to: Adducent
Hi Dennis,
I see your point.

Unfortunately, I am mostly too busy to deal with any other jobs besides mine so my intent here is to find some clever talent in the market, invest their "unique" ideas, let them run the business and move from there.

I am not looking for opening or owning a new or established franchise, shop, store etc for myself.

Thanks,
Seeker
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Click to view Adducent's profile Mogul Adducent 338 posts since
May 22, 2008
8. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jun 10, 2008 12:39 PM
in response to: seeker
Hi,

If you become interested in angel investment opportunities outside the Seattle area please let me know. I work with clients nationwide, some of which are looking for angel investors.

Thanks,
Dennis Lowery
Adducent, Inc.
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Click to view MaclenMan's profile Professional MaclenMan 5 posts since
Jun 17, 2008
9. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jun 18, 2008 3:31 PM
in response to: seeker
Please feel free to give me a call (951) 442-1027. The debt purchasing industry is very lucrative and it has grown tremendously. Along with our collection staff we have in house counsel allowing us to resolve accounts from beginning to end. www.macleninc.com

Thank you,
A.C.
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Click to view mademan24's profile Mogul mademan24 84 posts since
Jun 14, 2008
10. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jun 19, 2008 1:05 AM
in response to: seeker
Hello Burk,

Please give me a call (619) 518-9985 as I have a few worthwhile ventures with HIGH ROI and ongoing possibilities.

Cheers,

T.Michael

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Click to view PeoplePawn's profile Mogul PeoplePawn 28 posts since
May 28, 2008
11. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jul 11, 2008 2:16 AM
in response to: seeker

Are you still interested in meeting?

Patrick@PeoplePawn.com
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Click to view DomainDiva's profile Mogul DomainDiva 1,731 posts since
Oct 10, 2007
12. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jul 11, 2008 1:48 PM
in response to: seeker
Burk, what kind of business are you interested in funding...technology...bio-tech...7-11's?
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Click to view btownprinter's profile Professional btownprinter 6 posts since
Jan 20, 2009
13. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jan 20, 2009 2:04 PM
in response to: seeker
Burk,
Wow, what an exciting time and opportunity for you! One of the best ways to market your business is through printed material, a tangible, visible object that a potential customer can hold in there hands and provide you with legitimacy. We at Bridgetown Printing in Portland, Oregon partner with our clients to develop direct mailing campaigns, brochures, stationery, or any other printed needs you might have. Please do not hesitate to reach me when you get closer to marketing your product; the best time to start communication with your printer is at the "concept" stage! krichardson@bridgetown.com. Best of luck -Kyle Richardson
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Click to view Creditbuilder's profile Mogul Creditbuilder 134 posts since
Jan 17, 2009
14. Re: New Business Start Up in Seattle (Kirkland/Bellevue/Redmond) Jan 20, 2009 2:30 PM
in response to: seeker
please call me at 702-885-4829
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