Tuesday, April 19, 2011

$1,000,000 Idea Outline


1)   Introduction
a)    If I were given one million dollars…
i)     Life changing
ii)    Set up plan
b)   Mission Statement/Goal
i)     My million-dollar idea is creating an ecommerce business called Sweet&Salty Delivery, whose mission is to distribute snack food through online order and donate 25% of the profits to bipolar disorder research.

2)   Bipolar Disorder – why?
a)    Hits home
i)     Grandpa Rudy
b)   Dad’s stories
i)     Having him normal growing up then watching him change
c)    Difficult in many ways
i)     Diagnosis/treatment
ii)    Stolen life

3)   Getting started/game plan
a)    Buy domain
i)     Hostmonster.com            $4.50/mo., $54.00/yr.
b)   Hire someone to develop site
i)     Webcreations.com           $1920
c)    Buy webhost
i)     Provides network connection
ii)    Fatcow.com                      $4.67/mo., $56.04/yr.
d)   Rent Warehouse/shop
i)     Indiana
(1) Taxes, investment costs, etc. 4th best in nation
(2) Great business environment
ii)    Rent, not purchase
(1) $500/mo. for space alone
(2)  with all amenities  about $10,000/mo.

4)   Advertising
a)    Cable
b)   Radio
i)     Fort Wayne, IN; 28 stations @ $34/60 seconds
c)    Free areas on college campuses
d)   Internet

5)   Expense summary
a)    Separate
i)     Internet: $2,030.04/yr
ii)    Warehouse: $120,000.00/yr
iii)  Hiring: $205,120.00/yr
iv)  Stock/advertising/cushion money: $300,000.00/yr

6)   Conclusion
a)    Money donated after business takes off
b)   Bumps along the way – but worth it in the end!

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