Can you imagine one of these nitwits going into the bank to borrow some money to start their business.
BANKER: Well Mr Ice Weasel, what kind of business do you want to start?
Mr IW. Want to start a widget business. I need 100 thousand dollars.
Bankeer: Widgets?
Mr. IW, Yep, widgets, I invented the widget.
Banker: Have you sold a lot of widgets in the past?
Mr. IW; Nope. Just now getting ready to make them. That's why I need the money.
Banker: Have you done any studies to see if people want widgets? Is there a demand for your widget?
Mr IW, Nope don't need to. I already know that market. There isn't one. Yet.
Banker; Have you pre sold, have any orders for or any other forms of projected sales?
Mr IW, Nope, don't need to. IF I BUILD THEM WIDGETS, THEY WILL COME. Says so in the scriptures.;
Banker; No thanks Mr IW.
The end.
I've been in business for 28 years, Slick.
I asked about you so the answer is obvious.
Your scenario is stupid. If no such widget existed it would be impossible to demonstrate the demand for it. You would
go to an investor(s) not a banker for a loan. Your pizza delivery job didn't teach you that?
You axd me wat? Slick?
My little "banking conversation " is what you idiots sound like. Then when you realize how ******* stupid you all have been and you want to start changing what I wrote. For instance;
you wrote; If no such widget existed it would be impossible to demonstrate the demand for it"
What you wrote goes to two things; I had written that you alleged to have invented the widget. Which means it now exists as your invention.
Secondly; what you have inadvertently admitted is that no one brings a product to market without understanding if there is a demand for that product.
WHICH IS ******* EXACTLY THE OPPOSITE OF WHAT YOU AND YOUR BUDDIES HAVE BEEN SAYING.
Thank you.
As to borrowing 100k from an "investor" You can't be so stupid that you didn't know that banks make business loans. Please tell me you are not that dumb. If you are that stupid, I can't talk to you no more.