So, yeah, as you can see the countdown continues. Ive gotten questions like 'Did I miss the opening?'...'When will Concept open?'... 'Are you trying to open Concept debt-free?'.
#1- No.
#2- Uhhh, as soon as I can get this money.
And #3- No, not in this dream.
Money, money, money, moneyyy! Money! $2.85M is the total project cost (TPC) to get Concept up and running as I envision it and I need 15% of TPC to come to the table with SBA or 7% of TPC to be taken seriously by community banks. That's anywhere from $250-450K, which, in the grand scheme of a lot of things isnt a whole lot of money. Sure, so you identify the relatively deep pockets in the area but how do contact them about your vision- this for profit endeavor?
You think offer ownership. Investors, angels, VCs. I thought so too... But the hospitality industry scares people. The grandness of this vision scares people. Success scares people.
Marianne Williamson's quote from 'A Return To Love' would fit well here: "Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure..."
Be unafraid. I will be. I'll save (most of) them a seat at the table. Cheers.

No comments:
Post a Comment