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BIG problem - Suggestions desperately needed
#10748848
04/06/15 04:43 PM
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Joined: Jun 2014
Posts: 88
Mr.PondMan
OP
Outdoorsman
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OP
Outdoorsman
Joined: Jun 2014
Posts: 88 |
Hey Everyone,
I'm needing some suggestions. I just started a lure company (I do not want to advertise, so It will remain nameless). We buy plastics from Anglers and turn them into new baits. It costs me $15.99 to recycle 1 pound of old, ugly plastics into 18 completed packs (90 baits). I have a company that will be doing the manufacturing for me. Anyway the response has been HUGE, I'm getting messages on Facebook every 10 minutes from anglers around the country. I have anglers offering me 100+ pounds of old baits. I have had lure companies contact me with HUNDREDS of pounds of scrap plastic that they want to sell us.
I'm a college student and have $200 to my name, so money is my big issue and the only thing holding me back from making a difference in the industry.
Does anyone think a Indiegogo or Kickstarter campaign would work?
I REALLY want to make this happen
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10748889
04/06/15 04:57 PM
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Joined: Nov 2010
Posts: 9,503
Jake Shannon(Skeet4Life)
TFF Celebrity
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TFF Celebrity
Joined: Nov 2010
Posts: 9,503 |
Kick starter could defiantly work
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10748905
04/06/15 05:04 PM
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Joined: Feb 2007
Posts: 1,484
fwfisher
Extreme Angler
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Extreme Angler
Joined: Feb 2007
Posts: 1,484 |
If you are able to get the word out to the online fishing community, there's no reason it wouldn't. Just make sure you have your ducks in a row before going forward with it.
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10748920
04/06/15 05:10 PM
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Joined: Mar 2009
Posts: 2,229
B.Hollingshead
Extreme Angler
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Extreme Angler
Joined: Mar 2009
Posts: 2,229 |
Shark Tank style is what I could think of in the fishing industry, try to find an investor.
Branden Hollingshead
46-DD's chasing the next one!
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10748923
04/06/15 05:11 PM
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Joined: Oct 2013
Posts: 2,604
UTDmiller
Extreme Angler
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Extreme Angler
Joined: Oct 2013
Posts: 2,604 |
When you start a kickstarter make sure to ask the anglers willing to send you plastics to share the link. It is all about pure volume, the more people that see it the more money you could raise.
John Miller
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10749119
04/06/15 06:20 PM
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Joined: Mar 2015
Posts: 55
Bobby Atchison
Outdoorsman
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Outdoorsman
Joined: Mar 2015
Posts: 55 |
I'd be interested in investing.
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10749123
04/06/15 06:22 PM
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Joined: Nov 2014
Posts: 1,955
SpiderJig
Extreme Angler
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Extreme Angler
Joined: Nov 2014
Posts: 1,955 |
ive never heard of a company that doesn't want to advertise. Whats up with that?
PB- 10lb 5oz Purtis Creek 7-25-15
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10749137
04/06/15 06:29 PM
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Joined: Apr 2015
Posts: 1,015
TanHner36
Extreme Angler
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Extreme Angler
Joined: Apr 2015
Posts: 1,015 |
Kickstarter is awesome for sure. I do fab work as a side business and I just put my name out there x's 1000. Tell anyone and everyone you can. I've gotten huge jobs from the guy who does my inspection just from mentioning what I do.. You never know who will have that magic friend or phone number. My best piece of advice is as mentioned above. Make absolutely positive you have your sh*t together before you do it. Otherwise you'll do nothing but lose time, money and customers.
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10749143
04/06/15 06:31 PM
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Joined: Feb 2009
Posts: 406
CoastalBent
Angler
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Angler
Joined: Feb 2009
Posts: 406 |
Don't ask people for free money. Gather up 12lbs of plastic and use your $200 to make your first run of 216 packs.
Sell those packs and use your profits to grow the business.
If you can't make that work, then it's not a viable business, and you should stick to doing whatever you're studying for in college.
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10749146
04/06/15 06:33 PM
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Joined: Nov 2014
Posts: 1,955
SpiderJig
Extreme Angler
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Extreme Angler
Joined: Nov 2014
Posts: 1,955 |
I have a hundred pounds or so ill give you for 5% equity
PB- 10lb 5oz Purtis Creek 7-25-15
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Re: BIG problem - Suggestions desperately needed
[Re: CoastalBent]
#10749195
04/06/15 07:01 PM
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Joined: Mar 2014
Posts: 1,416
Andrew Taylor
Extreme Angler
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Extreme Angler
Joined: Mar 2014
Posts: 1,416 |
Don't ask people for free money. Gather up 12lbs of plastic and use your $200 to make your first run of 216 packs.
Sell those packs and use your profits to grow the business.
If you can't make that work, then it's not a viable business, and you should stick to doing whatever you're studying for in college.
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Re: BIG problem - Suggestions desperately needed
[Re: CoastalBent]
#10749576
04/06/15 09:33 PM
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Joined: Jul 2011
Posts: 9,268
the skipper
TFF Celebrity
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TFF Celebrity
Joined: Jul 2011
Posts: 9,268 |
Don't ask people for free money. Gather up 12lbs of plastic and use your $200 to make your first run of 216 packs.
Sell those packs and use your profits to grow the business.
If you can't make that work, then it's not a viable business, and you should stick to doing whatever you're studying for in college. This! If your not willing to give your money, why should someone else?
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Re: BIG problem - Suggestions desperately needed
[Re: the skipper]
#10749870
04/07/15 12:00 AM
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Joined: Jan 2004
Posts: 16,992
ezbassin
TFF Guru
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TFF Guru
Joined: Jan 2004
Posts: 16,992 |
Don't ask people for free money. Gather up 12lbs of plastic and use your $200 to make your first run of 216 packs.
Sell those packs and use your profits to grow the business.
If you can't make that work, then it's not a viable business, and you should stick to doing whatever you're studying for in college. This! If your not willing to give your money, why should someone else? Because that is how kick start works. He is in college and obviously isn't totally funded by daddys money like some students are. I say go for it and I will donate several pounds of plastics myself to help. BTW Skipper, you need to learn to read. He did not say he didn't want to use his own money to get started, he said he only had $200 to invest. I know what it is like to be in college and broke all the time. Some people don't.
Last edited by ezbassin; 04/07/15 12:06 AM.
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Re: BIG problem - Suggestions desperately needed
[Re: Mr.PondMan]
#10749973
04/07/15 12:53 AM
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Joined: Mar 2014
Posts: 30,590
Duck_Hunter
house cleaner
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house cleaner
Joined: Mar 2014
Posts: 30,590 |
Kick starter offers a chance for people to invest in start ups they believe in or think have a chance to fill a need. Often times, people fund these endeavors because they want to be able to purchase the end result. Instead of gathering angel investors or getting a loan from a bank, it gives people of a like mind a chance to help something succeed.
Good luck, kid. Don't worry about the people who aren't familiar with one of the new ways to get your startup off the ground. If you need any advice, I'll give you honest feedback, no equity stake needed. I like your idea.
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