Rochelle Hub Theater

[bitleaker]

Could you please post your business plan?

No investor would consider sending a single BTC/$ without seeing a business plan first.

[1714860588]

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[BadBear]

I'm sorry, SL?  Is that a corporation I'm not familiar with?  And yes, I would like to see your business plan and the results of the market analysis. 

[heatherk]

I didn't see an answer on this:

Are you accepting donations for your own theater?

I will donate if you can explain to me why you need donations and this isn't the same as you asking the internet to buy you a car or anything else you desire?

If this theater is not listed as historical and you're not renovating it in a historical manner, what makes it historical?

[Matthew N. Wright]

I'm sorry, SL?  Is that a corporation I'm not familiar with?  And yes, I would like to see your business plan and the results of the market analysis.  

SL stands for SecondLife, which is a game for people without a First.

[greyhawk]

SL stands for SecondLife, which is a game

Are you sure?  I was under the impression it was a meeting place for people who want to fuck animals.

[Matthew N. Wright]

SL stands for SecondLife, which is a game

Are you sure?   I was under the impression it was a meeting place for people who want to fuck animals.

You might be confusing SecondLife with Furcadia.

[repentance]

Could you please post your business plan?

No investor would consider sending a single BTC/$ without seeing a business plan first.

He not asking for investors.  People aren't going to get anything in return for their donations except "free movie tickets for life" (which is kind of meaningless if they don't live in Bumfuck, Illinois).  No equity.  No dividends.  Nada.

It's the kind of project people might donate to if it was being organised by a local historical society or something (buying the building, not necessarily operating it as a theatre), but not so much if it's for profit venture by a private individual.

I'm also curious about how the $35,000 pa median income (I think he means profit) has been calculated.  Even if that figure's accurate, it's a pitifully low amount to support him and his fiance given the sheer amount of work involved in running your own business.

logansryche, you need to contact the guy who gave this interview.  It sounds like he was probably the last manager of the place and he'd be aware of any physical problems with the building and equipment as well as the business dynamics which led to the theatre closing. 

http://www.rochellenews-leader.com/v2_news_articles.php?heading=0&page=72&story_id=3961

[logansryche]

Nope, not even worth it. Y'll are a bunch of ass holes.

[repentance]

Another thing you should look into is whether there is some kind of government funding available in respect of the building.  Here you can often get some kind of money from either local or state government if the building concerned meets certain criteria (sometimes you're required to maintain the building facade, sometimes you need to restore the interior).  I don't know whether that particular building would meet local guidelines for having historical significance but it should be easy to find out.

[BitMagic]

Nope, not even worth it. Y'll are a bunch of ass holes.

Because people told you the truth? I mean, did you really, honestly think that a 30-minute brainstorm session was enough to solicit donations for a project that usually takes experienced developers and business owners months to put together?

Quit being a big baby, and either thank everyone for taking the time to identify the challenges you're not prepared to invest in solving, or use this thread as a resource to start heading down the right path for this project (and thank people for their advice). Have a little humility, bud.

[repentance]

Nope, not even worth it. Y'll are a bunch of ass holes.

Because people told you the truth? I mean, did you really, honestly think that a 30-minute brainstorm session was enough to solicit donations for a project that usually takes experienced developers and business owners months to put together?

Quit being a big baby, and either thank everyone for taking the time to identify the challenges you're not prepared to invest in solving, or use this thread as a resource to start heading down the right path for this project (and thank people for their advice). Have a little humility, bud.

The list of issues people have raised isn't exhaustive, but it's at least enough to start putting together a proper project proposal.  Researching those issues, doing a feasibility study and developing a project plan would take someone working alone more than a few months even if they had experience and were able to do it full time.  I doubt that I could do it in less than 6 months and I have a lot of project development and administration experience as well as extensive contacts in various industries from whom I could quickly obtain information.

[Giraffe.BTC]

You might actually be the least qualified person on the planet to do something like this.  And yes, I'm including Atlas.  Let's see:

1.  You tried to start a business selling gift cards for more than their face value, and couldn't even float the money to maintain ANY inventory:  people had to wait for you to get their payment, have the gift card shipped to you, and then ship it to them.

2.  You think 10% of $5 is $2.

3.  You tried to bill another forum member for seven hours of work on top of their original payment to upload a 125 meg file onto their server.  You took this job despite not having the tech expertise to type in your gift card business name into the prebuilt web page template you used.

4.  You had to take out a loan to repay a debt of like four bucks, yet proposed starting an ONLINE CASINO.

You have the business sense of a traffic cone.  I'd sooner drop money into a sewer grate than give it to you.

[Phinnaeus Gage]

You might actually be the least qualified person on the planet to do something like this.  And yes, I'm including Atlas.  Let's see:

1.  You tried to start a business selling gift cards for more than their face value, and couldn't even float the money to maintain ANY inventory:  people had to wait for you to get their payment, have the gift card shipped to you, and then ship it to them.

2.  You think 10% of $5 is $2.

3.  You tried to bill another forum member for seven hours of work on top of their original payment to upload a 125 meg file onto their server.  You took this job despite not having the tech expertise to type in your gift card business name into the prebuilt web page template you used.

4.  You had to take out a loan to repay a debt of like four bucks, yet proposed starting an ONLINE CASINO.

You have the business sense of a traffic cone.  I'd sooner drop money into a sewer grate than give it to you.

I lol'ed on that traffic cone reference. Here's the image:



Most the posts on this thread, logansryche, offer wonderful advice. In fact, some of the posters took great effort in the penning of their posts, along with time to do some research. There's a wealth of information for you, or anybody else--myself included--to glean from this thread.

That said, it looks like you need an exit strategy. I suggest you start by taking down the donation website for the Hub Theatre. Then admit you're not capable of taking on such an endeavor at this time in your life. No hard feels. We look forward to all your future posts on this forum and your continue support of Bitcoin in your own special way.

Bruno

[bitleaker]

I think if you continue to solicit donations for this crackbrain idea, then that would be what most of us call scamming.

So I too call for the donations page to be taken down.

[Rassah]

Well, I'll definitely be posting my business plan and soliciting ideas from this forum when I'm ready. The kind of biting and honest opinions about things I may have overlooked is definitely what i'll be looking for. Stay tuned 

[BadBear]

Why are you focusing on all these negative nellies Logan?  I'm still waiting for your business plan and market analysis, and income projections would be nice to see for any potential investor.  You can PM them to me if you wish. 

[Phinnaeus Gage]

Well, I'll definitely be posting my business plan and soliciting ideas from this forum when I'm ready. The kind of biting and honest opinions about things I may have overlooked is definitely what i'll be looking for. Stay tuned 

Don't bother. Furry penis art is so niche.

I had a change feeling that I shouldn't Google "Furry Penis":

[Rassah]

Well, I'll definitely be posting my business plan and soliciting ideas from this forum when I'm ready. The kind of biting and honest opinions about things I may have overlooked is definitely what i'll be looking for. Stay tuned 

Don't bother. Furry penis art is so niche.

Don't worry. Not furry related, and only needs $350,000 initial investment for R&D. It is a bit of a niche though...

[captainteemo]

[Phinnaeus Gage]

It takes a long time to raise funds for a worthwhile project, even when it's done correctly: http://www.townofchase.org/