Monday, December 5, 2016

Holiday Gifts. Meet, and Substantial Referral Opportunities

​​Good Afternoon Fellow Collaborators!

GIFTS

​​Please share our Startup Steps with aspiring startups and expansions - will save them years and fortunes:  StartupSteps.ProsperSystems.biz

The Steps page includes an offer for a FREE 2-page Overview analysis - suggested format and important CONTENT at MissionMarketMGTMoney.pskhj.com

There's a more-detailed outline at our Startups 2.0™ Course Proposal, which we are happy to do the 4-hour version for a 5-person group or a college-level class at no charge, IF arranged before Jan 15th.

The first of these Steps are detailed in our Articles on Linkedin and our Blog - again complimentary.

We'll also discount our main, Subscription Consulting Service 20% through January 15th 

There's a highly-useful discovery in the NOTE above the routes below.


MEET, VISIT or REFER (for substantial compensation):  Prosper Systems' Trip Dec 15-24, Littleton (Denver) CO to/around Sedona AZ

SEDONA PINES RESORT WITH Route MapsWHO:  Kenton Johnson, Founding Member Prosper Systems, and Companion.
  Connected to us$Bln Buyersus$50mm Funders and us$100mm Lenders

WHEN:
  • "On the road" – Thursday Dec 15th through Friday afternoon Dec 16th – see routes below
  • In and around Sedona – Friday afternoon Dec 16th through Friday morning Dec 23rd.
  • "On the road again" – Friday morning Dec 23rd through Saturday afternoon Dec 24th
WHERE:  Sedona AZ, with side trips to areas in Northern Arizona, as well as the travel between there and Littleton (Denver) CO – see routes below

WHY:  Meet and Visit you or your Collaborators, Projects and Referrals.   Who do YOU Know?":
  • Projects and their Owners
  • Buyers and Investors
  • Intermediaries, Consultants, and other Collaborators
  • Real Estate, Business, Commodities and Private-Placement Securities Brokers
  • Attorneys, Referrers and Representatives
  • Other Collaborative Venturers
  • Projects – in Development or for Sale – Refer with introductory Information and NDAs:
    • Rare Assets – Art, Cars, Boats – us$10mm++
    • Businesses – High-Tech – growing to us$30mm++ Annual Net Profits
    • Turnkey Income Properties – Hotels, Apartment Complexes, Malls, Office Buildings, Industrial Parks, growing to us$10mm++ Net Operating Income
    • Energy Fields – Oil, Gas, Shale, Wind, Solar, Geothermal, with us$1bln++ in-ground assets
    • Oil or Gas – up to 50% of volume at set price for 1-5 years – us$50mm+
    • Mines – Gold, Silver, PGM, Other Metals, Coal, Uranium, Gravel, Other Minerals, with us$1bln++ in-ground assets
    • See Full list of Buying And Selling Interests

SCHEDULE ASAP:  Email us for a meeting or showing. We'll have a web-enabled laptop, tablet and phone for last-minute scheduling or changes, and signing NDAs and viewing maps.

VISIT US:  We'll be at Sedona Pines Resort, 6701 Arizona Hwy 89A, Sedona, AZ 86336, with Swimming Pool, Spa, BBQ Grills, Full Kitchen and a pull out queen bed for overnight guests.

MORE INFORMATION on Prosper Systems LLC:
MAPS:  Meet/Visit Opportunities while traveling to/from, Dec 15-16 or Dec 23-24, and in Sedona, Dec 16-23. Final routes determined by appointments

NOTE:  You can see your Google Contacts (with addresses) on Google Maps ON YOUR MOBILE DEVICES, WHEN NOT ROUTING,
then call/email them to arrange a connection.
In the Google Maps App, click Settings > Personal Content > Google Contacts (turn on)
Via Grand Junction CO
Via Durango CO
Via Albuquerque NM
While in Sedona

SEE YOU or your REFERRALS ... SOON ... Happy Holidays!

Latest version stored at NextTrip.ProsperSystems.biz

PROSPER SYSTEMS, LLC (.biz)  •  Kenton H Johnson (.com), Founding Member
LinkedIn  •  LinkedIn Company Page  •  Google+  •  Twitter  •  Facebook  •  Meetup
USA 302-Kenton-J - GoogleVoice 302-536-8665; transcribed voice messages and text; forwards to mobile and GoogleTalk

Sunday, October 30, 2016

Plz Refer or Participate: StartUp Info, Commercial / Residential Properties, Financing, Books, LinkedIn


ADD US TO YOUR ANNOUNCEMENT LIST

Fellow Collaborators:  This is our 1-2x Monthly Announcement Post. SCAN HEADINGS for just what YOU want ...

STRONG REFERRAL/CO-BROKERING INCOME

Refer this post to earn 2% to 20% of my income depending on info provided and your efforts.  Brokering can yield the same income as me.  Some deals can be $200M+ and yield up to 5% income (do the arithmatic):  Referralincome.ProsperSystems.biz for details and BROKER OPTION

STARTUPS  

  • Submit your 2-pg Overview for COMPLIMENTARY review and feedback.  The CONTENT at mmMM.pskhj.com is what's important.

  • Denver Metro Startups 2.0 Meetup is on First Mondays, 4-5:30+, conveniently at TheCommons.co next to the Denver Convention Center Station:  Startups2.0-Meetup.pskhj.com - it IS possible to connect REMOTELY

  • See latest articles on StartupSteps.pskhj.com at Blog.ProsperSystems.biz, and Startups2.0-Course.pskhj.com for schools and companies.

COMMERCIAL PROPERTIES  

  • Looking for a Gold Buyer for the many gold opportunities we are offered

  • Want us$10mm+ rare assets, us$50mm+ O&G, and us$100mm+ income-producing real estate and businesses:  BuyingAndSellingInterests.ProsperSystems.biz

RESIDENTIAL PROPERTIES  

  • Want Residential Rentals and Rehabs, and Financing:  see SalesInterests-Small.ProsperSystems.biz

FINANCING

  • Lenders are very important for Property purchases and Smart Startups.  Always looking for additional Resources.  Please use UPDATED LenderCriteria.ProsperSystems.biz format see available Lenders.ProsperSystems.biz

  • Always looking for superior funding for startups in the high-tech, real estate and natural resources spaces.  What types of businesses, stage and funding amounts do you like?  Please use our UPDATED FunderCriteria.ProsperSystems.biz format and see available Funders.ProsperSystems.biz

BOOKS

  • Highly recommend Michael Gerber's classic "E-Myth" BOOKS: "Revisited," or any of the industry-specific versions.  His focus on BUSINESS FIRST is a business life-saver:  Google.com/webhp?#q=Gerber+The+E-Myth 


LINKEDIN

  • If we haven't connected on LinkedIn already, please click the LinkedIn link below, then send an Invite.


Have a great November!

Thank you very much, Kenton 303-770-4022
Startups 2.0™ Meetup (Pro Bono Work, 4pm Mondays:  main, 1st; work session, 3rd)

Friday, June 17, 2016

Attract a Great Team to Rocket Your Ready-to-Launch Startup

Posted first here, then LinkedInGoogle+Twitteretc.
Your Team - Founders, CxOs, Directors, Advisors and Others
Towson Univ (MD) Student Launch Pad Startup Weekend*
Continuing our Startup 2.0™ Steps to “Rocket your Ready-to-Launch Startup,” from the Preliminaries and “Creating Superior Business Documentation” now to attracting additional Team members paid on future income. 

A strong Team will not only help your business become more successful, it will impress financial organizations and the other sources of capital.

 You have your core Management Team, generally Founders who are or will become CxOs, and perhaps some Advisors and candidates for a Board of Directors.   Additional Team Members are:

  • CxOs – CEO, COO, CTO, CIO, CMO, CSO (Chief Sales/Science/Security Officer), CCO (Chief Capital/Creative Officer), CFO and CLO.  Some Founders have grown to realize that being CEO is not the best use of their time or talent – CTO, CIO or CMO could be better “positions.”  Finding and attracting the additional CxOs to round out the Management Team is not easy, but will create a stronger Team in the long run.
  • Board of Directors, if wanted or required for your corporate structure, have fiduciary responsibility as do the CxOs. Don’t overwork your non-Founder and non-CxO Directors with meetings and other engagements. Ask only 2-4 hours per month to review, make constructive suggestions, encourage and promote to company, until opportunities demand more time.
  • Advisors – as a Board or independent – typically do not have fiduciary exposure. Ask only 1-4 hours monthly.  These people are powerful additions to your Team.
  • Others – Professionals (Attorney, Accountant, Bookkeeper), Partners, Coaches, Suppliers and Interns.
  • Many of these Team Members are excellent CxO and Manager candidates.
  • Show off names, pictures, summaries and online profile links of all your CxO-level Team in your Overview and Pitch Deck to show your powerful and deep “bench.”  Also add names and short summaries of your Manager-level and other Team members in your Business Plans – they’ll feel appreciated, and it further increases the size of your Team “bench.”

 There are many Creative Compensation Plans:

  • CxOs – ramp up from stipend, to a bill-paying salary plus profit sharing via small ownership equivalent to $200K-$500K in 5th year – more if bring Capital, Intellectual Property or key/voluminous customers to the table.
  • Non-employee Directors and Advisors – tiny ownership equivalent to $30K-$100K in 5th year.
  • Others – reasonable fees or salaries, reduced by equity or profit sharing which could be more in the long run to off-set the waiting and risk.
  • Overpaying, especially early on, is frowned upon by financial sources expecting their principal returned with a reasonable ROI or interest.
  • All earn their stake as they participate over a period of time – six months to two years, depending on the ramp up of the company product or service.

 Where do you find excellent people?

  • Networking: friends, family and associates; professional groups; social media – good way to let your social media friends know your expanding;  Meetup, such as Founders Lab;  LinkedIn – groups and individuals – see what they are saying in posts and comments (via their activity logs);  Google+, Twitter, etc – check groups/lists, activity logs, comments, likes and shares;  especially notice those looking for opportunities or asking to be on boards.
  • Advertise on Craigslist, other free outlets and trade publications, all of which can give very good exposure.
  • Recruiters may be necessary for critical positions.

More to come on the Startup 2.0™ Steps

Feedback and suggestions are always appreciated here, by message or email.
Thank you very much, Kenton, USA 302KentonJ
LinkedIn • BRIEF • TEAM & Aggregate Resume • Startups 2.0™ Meetup
____________
*Picture via LinkedIn article by Zachary Jones

Monday, May 30, 2016

Rocket your Startup with Superior Business Documentation

Posted first here, then LinkedInGoogle+Twitteretc.
Preparing Business Documents
Courtesy of the State of Montana
Let's continue our Startup 2.0™ Steps to “Rocket your Ready-to-Launch Startup,” from the Preliminaries to Phase I, Step 1:  Analyze, Upgrade or Prepare your Business Documentation, in formats such as our Overview format, which references our Business Plan format:

 State a succinct Mission

  • Problem that needs solving
  • Solution – unique and powerful.
  • Purpose – providing a universal benefit

 Define your Market

  • Demographics – type, revenue, workers, expense percentage, stage, growth rate, where you can make a difference
  • Size – number or $$
  • Penetration – percentage or $$
  • Use library and paid Market Databases

 Show off your Management Team – what the Founders become:

  • Members – 3-5
  • Total experience – at least 125 years
  • The Best Fit for each Founder – not every Founder is a CEO
  • Deepen your Bench with Candidates for the Mgt Team:  Board of Directors; Board of Advisors; few meetings – call/email 1-4 hrs/mo; small equity = $30k-$60k+ in years 3-5; show off those resumes!

 Clearly outline the Money – your Financial projections:

  • Detailed, reasonable Expenses – indicates your business knowledge and includes capitalization
  • Realistic Income
  • Net Income
  • 1st 12 months
  • Next 4 quarters
  • Next 3 years – longer if needed for decent ROI
  • Reviewed by qualified Accounting Advisor (generally a CPA)
  • Be careful disseminating too much information so it doesn’t become an illegal “public offering” of an investment

 Establish written Agreements with:

  • Team Members – duties; compensation; exit contingencies; other negotiated
  • Early Investors – shows interest
  • Vendors – shows reality
  • Potential Customers – LOIs, MOUs or Purchase Orders

 Write robust Plans:

More to come on the Startup 2.0™ Steps

Feedback and suggestions are always appreciated here, by message or email.
Thank you very much, Kenton, USA 302KentonJ
LinkedIn • BRIEF • TEAM & Aggregate Resume • Startups 2.0™ Meetup (Denver, 4pm Mondays:  main, 1st; work session, 3rd)

Sunday, May 22, 2016

Make Your “Startup Ready to Launch!” Parts One & Two

Posted first here, then LinkedInGoogle+Twitteretc.

Preparing Rocket for Launch
Courtesy of US NASA
“When telescopes work [bringing an entrepreneur’s future closer to change the world], the world is full of stars.  When they don’t, everyone whips out their microscopes  [and focuses on the details and flaws],” says Guy Kawasaki in his first The Art of the Start.  “The reality is that you need both microscopes and telescopes to achieve success, [and the key] is to survive the microscope tasks while bringing the future closer.”
As part of the microscope tasks, Entrepreneurs need to set up their business with the following, via attorneys, accountants, government resources, academic and community education, online courses and the many books.
Then you can “Rocket Your Ready-to-Launch Startup” using something like our Startup 2.0™ Steps.

Start with a draft Overview using the content in our Mission, Market, Management and Money™ 2-pager.

 Mission – one paragraph – there are many definitions – pick one or use the following that makes up your 1-minute power pitch.

  • Problem – that needs solving.
  • Solution – yours that is unique and powerful (such as reduce marketing cost and time by 30% each).
  • Purpose – motivating to you, associates and partners.

 Market – in which your solution can make a difference – another paragraph (examples)

  • Target Demographics– type of business (commercial real estate brokerage); revenue range (10mm+); number of workers, if revenue doesn't define well enough (40+); typical expenses as a percentage of revenue (80%, according to Forbes); length of time in business (3+ years); growth rate (5%+).
  • Size – number or monetary magnitude (15,000).
  • Penetration – expected – percent or monetary magnitude (10%).
  • See Library and Paid Market Databases.

 Management – make a “deep bench” that is strong enough to adjust to a changing market and attract people and financial resources – show off the resumes, pictures and links to online profiles such as on LinkedIn.

  • Founders and CxO's – ask for full dedication in hours available; Founders generally earn a bill-paying salary and a percentage of profits via their equity; offer CxOs a percentage equivalent to $200K-$500K in 5th year – more if bring money or IP to the table.
  • Board of Directors – ask only 2-4 hours per month; offer a percentage equivalent to $60-100K in 5th year.
  • Advisors – few or no meetings; ask for only an hour or two a month; offer a percentage equivalent to $30K in 5th year.

 Money – Current or Projected – 3-5 years.

  • Expenses – be as certain as possible; indicates how much you really know about your business; show contingency planning – even a restart.
  • Income – reasonable estimates – 20%+/-; make sure exceeds expenses and soon; work backwards from Income to determine lead population.
  • Net Income – straight math – don't advertise publicly in conjunction with an investment amount and percentage received (to avoid SEC complications); don't make ROI claims publicly – provide the data and let financiers figure their own ROI.

Show Use of Funds

 Investors of all kinds – time, connections, equity, debt and delayed payment – want to know
 Show how each tranche will be distributed
 Be as certain as possible

Establish your Incorporation type – Sole, Partnership, LLC, S-Corp, C-Corp

 LLCs are a good place to start
 An LLC can become a full C-Corp

Determine your starting Location – virtual, home, office, facility

 Home is a great choice

 Many work spaces are springing up at reasonable rates
 Check unused office or warehouse space
 Establish a legal address besides your home or a PO Box
  • Forward ALL your mail – to home or wherever you are in the world
  • The Post Office is not forwarding financial- type mail – or what looks like it 

Part Two

According to consultant John Mullins, in his book, The Customer-Funded Business, only 1% of US startups receive equity funding, and it is worse in other countries.

Why?  Most likely, the other 99% of entrepreneurs did not set up their business well then learn to “Rocket [their] Ready-to-Launch Startup” using something like our Startup 2.0™ Steps.


Make sure your Patents are submitted



Licenses and Licensing

 Obtain your Business Licenses

  • Be registered properly
  • In-Home zoning restrictions could be an issue if too much traffic, employees, noxious chemicals or noise
 Obtain all other Licenses that you will need
 Think seriously about Licensing your IP if it is the majority of your startup, since:
  • Inventions will generally net about 20% of the profit – when up to speed
  • Allows you to invent, license then move on to the next invention

Decide on and begin to use your Bookkeeping method and Software

 Start out with something that’s transferable to other systems
 Software allows quick Profit/Loss Statements and other Financials
 Need to be very current – not more than 30 days – for banks and many other financiers


Select and start using your Professionals

 Attorney
 Accountant
 Bookkeeper – find through Accountant
 Consultants
 Coach


Initial Funding will show other sources how you’re managing the money

 Credit Cards
 LOC
 2nd Mortgage(s)
 Friends & Family
 Suppliers
 Customers
 Associates
 Convertible Notes
 Seed Capital


Join Professional Groups

 LinkedIn
 Meetup
 Clubs
 Chamber(s)


Here are some more Resources for set up

 Gale Courses – online and free at many libraries
 Guy Kawasaki’s The Art of the Start books
 City, State, SBA, SCORE, some Chambers – though schedule may not be frequent enough, sometimes retreaded information from last Century; no consistent plan; and worth about what’s paid
 More of this information is available by contacting us

More to come on the Startup 2.0™ Steps

Feedback and suggestions are always appreciated here, by message or email.

Thank you very much, Kenton, USA 302KentonJ

LinkedIn • BRIEF • TEAM & Aggregate Resume • Startups 2.0™ Meetup (Denver, 4pm Mondays:  main, 1st; work session, 3rd)

Friday, March 11, 2016

New Downtown Denver Meetup - Apr 4th, 4-5pm + networking up to 6pm - Rocket your Ready-to-Launch Startup

Updates in Italics

Metro-Denver Founders (and remote Associates):

Please join us at our 1st downtown-Denver Startups 2.0™ MeetUp (in person or online):


• Apr 4th, 4-5 pm + networking up to 6 pm
• StartUps-2.0-MeetUp.pskhj.com
Courtesy of WikiPedia
• "Rocket your Ready-to-Launch Startup"

• Very Hi-Tech Oblong Mezzanine Conference Room
• The (11-month-old) COMMONS on Champa
• 1245 Champa St, Denver CO 80202
• Between DCPA and the Convention Center

• JOIN, participate / stay informed, PROSPER!  (Waitlisting now - 2 spots may open soon.)

​​• Monthly on 1st Mondays
• More on The Commons:  YouTu.be/zERWBoRvdrg
​​
Recent presentation (in the same Conference Room set):  Startups2.0-Video.pskhj.com


Thank you very much, Kenton, USA 302KentonJ LinkedIn • BRIEF • TEAM & Aggregate Resume • Startups 2.0™ Meetup (Denver, 4pm Mondays:  main, 1st; work session, 3rd)