![]() | | ||||||||
| | #1 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I have only one goal and that is to start a greenhouse and grow edible food in it. The problem is I have zero dollars and zero cents. So I spent alot of time thinking about how to raise funds to actually reach my goal. This is the final idea I've been able to think up. I'm not sure if it is legal though and even if it is I'm not sure it will work. The idea is to sell square footage plots upfront to raise the money to buy a greenhouse and then send the food that is grown in the plots to the people who purchase the plots in advance. I was thinking though that it might be the same thing as advertising a product for sale that isn't made yet. The idea is alittle different and yet it is almost exactly the same. I'm hoping someone can enlighten me to whether or not my idea would be legal. |
| | |
| | #2 |
| HyperActive Warrior Join Date: Jan 2009
Posts: 196
Thanks: 7
Thanked 10 Times in 10 Posts
|
growing plants..... legal.... I wonder what's growing in the greenhouse :-) |
|
“Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic.” -Author Unknown Resident computer geek. If you need help, don't be afraid to PM here, or DM on Twitter. | |
| | |
| | #3 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I know growing plants is legal. That wasn't my question. My question was if my idea of selling square footage plots to people in advance before anything is grown in them is legal. As for what is to be grown, I was looking at having it be an aquaponics greenhouse where fish are grown in tanks with their waste being pumped to the plants as a natural fertilzer. Then the plants clean the water of nutrients and the clean water is then pumped back to the fish. I want to use some form of permaculture design to have alot of diversity in plant life. I want to use as little energy and as little chemicals and instead substitute as many natural things as possible. Different types of plants will ward off pests and others will attract wanted insects. I'll also have to probably study apiculture and keep my own bee hive as there doesn't seem to be that many around here anymore. The plants list I have for different things include tomatoes, watermelons, potatoes, bell peppers, broccoli, basil, three types of lettuce, a few small grafted fruit trees, corn, sunflowers, cucumbers, haven't decided on a type of mushroom yet probably button mushrooms. Carrots, probably snow peas, eggplant, cauliflower, cabbage, most likely a common bean like green beans and radish and squash. The edible parts of the plants I would like to eventually sell and the leftover plant material I would like to use to make compost. Then use that compost to grow even more things. Thats the main idea. What's to be grown in the greenhouse if I ever get one isn't going to be illegal things like I think you were insinuating with your comment. |
| | |
| | #4 |
| HyperActive Warrior War Room Member Join Date: Dec 2008
Posts: 334
Thanks: 107
Thanked 51 Times in 29 Posts
|
LOL...WOW...now that's covering your carbon footprints! What a great idea, and a wonderful goal to have! Don't know whether it's legal or not, but i say go for it...can't see it being a problem! |
| | |
| | |
| | #5 |
| HyperActive Warrior Join Date: Jul 2006 Location: , , .
Posts: 104
Thanks: 5
Thanked 3 Times in 3 Posts
|
Well, it seems like it's similar to selling a plot of land with the promise of some returns in the future. This model has been used before to sell oil and plantation to end users / consumers. for example in the case of a plantation...this is how it works; A plot of land is bought in bulk by service manager. It is sectionalized / zoned into smaller plots. Then it is sold to investors. The returns from the smaller plot belongs to the investors. The service manager handles everything else, from planting, to watering, to harvesting and eventually selling the products off to the market. The service manager is also paid a service fee for this. But of course a lot of legal paper work need to be done and marketing it may be tricky. All the best to you. hari NicheALot.com |
| | |
| | #6 |
| Senior Warrior Member War Room Member Join Date: Nov 2004 Location: Ann Arbor MI
Posts: 1,302
Thanks: 33
Thanked 53 Times in 43 Posts
|
I think you need to find out a lot more about your local, state, and federal regulations. How will you get your customer/investors? The shipping of food items, especially fresh food items, is probably highly regulated at different levels. I would start at the local level. Do you have a farmer's market in your town? I would go there and talk to some vendor's as well as whoever runs it, to get anidea of the licensing and regulations involved in the sale of fresh food items. Elliott |
| | |
| | |
| | #7 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
The idea isn't so much to reduce carbon emissions as it is to make something that actually is sustainable. I just took an idea of what if there wasn't really that much oil left. How could farms in this world literally maintain their production at it's current levels. Oil just makes it so that the amount of work done is magnified. I forget where and I forget when I read it, there was a number used that said something like the amount of oil used in food production in the world is equivalent to a ridiculous amount of people working the fields instead. The number was something like fifteen billion people don't quote me exactly on that number though. It was huge and it was more then the estimated population of earth currently. |
| | |
| | #8 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I've haven't read anything before about plantations. What you describe sounds exactly like what I am hoping to be able to do. I just also thought of something. I think I may have come up with my idea of doing this from looking at that million dollar homepage thing that guy did a bunch of years back. Thanks for telling me a little bit about plantations I'm going to go read some more about them. |
| | |
| | #9 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
The sending of the produce is what will probably make it illegal to do. I know there are some laws that don't let you send certain types of fish through certain states even if it's in a plane. They don't want invasive species entering there waterways I think is the reasoning behind those laws. I'm going to have to do some searching to see if it's the same with plants. |
| | |
| | #10 |
| HyperActive Warrior War Room Member Join Date: Oct 2009
Posts: 303
Thanks: 95
Thanked 26 Times in 21 Posts
|
A real world farmville..... lol I think it's already been done with lobsters. catchapieceofmaine.com |
| | |
| | #11 |
| Drunken Greek War Room Member |
Normally I wouldn't comment on a question of legality, but in your case, what you're really looking for is venture capital to launch your project. Whether you can send them the food or sell it and send the money, etc., is just a matter of checking into your local regs - in that respect, you're better off talking to a lawer who has some expertise in that area. That said, you may want to consider looking into corporate sponsorship in your area - I can think of a number of types of businesses that might have an interest in doing this, if you can sell it to them. |
| | |
| | #12 |
| . Join Date: Aug 2008 Location: Mumbai, India
Posts: 657
Thanks: 551
Thanked 246 Times in 153 Posts
|
Is this a joke or are you really going for the Nobel Peace Prize? Sumit. |
|
Things you can do to save Warrior Kim Winfrey - Kim's Story Donate | Buy Warrior AllStars WSO | Like The Facebook Page | Bookmark Kidney Failure Stages | |
| | |
| | #13 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I just read the Frequently Asked Questions part on that lobster site and I think I get it. If I get it they basically rent the traps for a year and whatever each trap catches belongs to that person. The same concept applied to lobsters, I like it. |
| | |
| | #14 |
| HyperActive Warrior Join Date: May 2008 Location: , , .
Posts: 405
Thanks: 34
Thanked 31 Times in 30 Posts
|
If you hold a land your idea is legal! Like in a real estate business people sell new houses and shops in advance on a specified owned land but its delivery is made after its completion according to the agreement.
|
| Personal Bad Credit Loans Canada - Car Title Loan Canada - Car Loan Canada - Payday Loans Canada.. :: 25 Unique Backlinks Every Day! Get Free Backlinks Builder For Best SEO Ranking Online :: | |
| | |
| | #15 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
Talking to a lawyer was on my to do list once I get some money as I've never been able to get an answer from a lawyer about anything unless they get paid first. I've only ever emailed about 4 of them total in my life though. I'm not really sure what corporate sponsorship is. Although I did contact a company that is literally 5 minutes down the road from me that ships produce all over the east coast and they said they could basically buy everything I grew except they would have to inspect my facilities before they would decide if they would buy from me. The problem is I don't have a place for them to inspect yet. I do have a list of potential places to sell to, the obvious are grocery stores, restaurants and possibly schools or fast food places. A more radical idea was to also start a place that sells the food itself or even starting a restaurants that cooks the food that is grown. I hadn't thought of the idea you had which was possibly selling the food from the plots people would buy and then send them the money. I like that idea. |
| | |
| | #16 |
| HyperActive Warrior War Room Member Join Date: May 2006 Location: Raleigh, NC
Posts: 242
Thanks: 17
Thanked 37 Times in 31 Posts
|
Instead of sending the food to the original people, tell them that a certain portion of the food grown will be given to a local food bank or similar type of institution. I don't see anything illegal with what you're talking about in principal. As someone else mentioned, you're looking for investors. Rather than pay them their investment bank (with interest) in money, you'd do it in food. The shipping of food might be problematic, so let them know they're helping feed some hungry people. Instead of this being a 'for profit' sort of venture, it sounds more like a 'non-profit' type of thing, which would probably do better in a fund-raising or investment-seeking atmosphere (really just a hunch there, though - no evidence to back that up). Good luck! |
|
Michael Kimsal http://heywords.com/srv - take our 2 minute survey | |
| | |
| | #17 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I'm not joking although I have no idea why you think this is about getting some prize. It's not like any of my ideas are original. I just want to grow food in a greenhouse so I can have some control over the temperature and sell the food for a profit. Take the profit and get even more greenhouses so that more food can be grown. My extremely huge massive goal would be to literally grow enough food for all the good people that exist on this planet and at the same time try not to mess up the environment to much. I could care less about some prize. It's not like you could eat the prize if you were starving. |
| | |
| | #18 | |
| Drunken Greek War Room Member | Quote:
Corporate sponership is finding one or more large companies in your area that would fund the cost of building and operating the greenhouse. They in turn use that for public relations purcposes in marketing their own company. Doing something like that with some of the food going to food banks, is a nifty USP that's sure to grab the attention of a company with deep pockets and community involvement. | |
| | |
| | #19 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I'm going to have to raise a huge massive amount of money. My estimates are around between forty two thousand and fifty thousand. Do you think some corporation would be willing to spend that kind of massive money just for publicity? That amount will probably only get me between two thousand and three thousand square footage. If I create some layering I keep low light plants at ground level and stack with shelves other plants above them I can increase that amount, by how much I am not sure though. |
| | |
| | #20 | |
| Drunken Greek War Room Member | Quote:
![]() What you've got to do is put together a solid plan and sell it to them with heavy emphasis on what they'll get out of it. | |
| | |
| | #21 |
| Student of Marketing... War Room Member Join Date: Mar 2009 Location: Adelaide,South Australia
Posts: 233
Thanks: 189
Thanked 17 Times in 15 Posts
|
sounds like an awesome idea! good luck and i wish you success! Having no idea which country your in..i can't advise specifics. your local district gov/state and federal government sites will have sections on regulations. You may need permits if your providing food to commercial interests. (ie restaurants) I know here in australia we need a permit if the size of a certain activity is large enough. (like growing yabbies ) I like the idea about a non profit. I think what your trying to do is inspiring. I can't wait for the day when i own my own acreage. I'd so love to learn permaculture. Anyway, Last night they showed a jamie oliver tv series where he travels the US. He went to this underground restaurant. They call them supper clubs. (google it for more info). I was thinking,if you made it into a non-profit you could then donate the food to the supper clubs/homeless shelters. Your 'investors' could then get a tax deduction(so as a selling point when asking for donations-not only is it tax deductable but they're reducing carbon emissions,oil usage and helping those in need all in one go!) As administrator you'd earn income as well. hope that gives some ideas.. ![]() edit: 3 new posts before i had a chance to post. I have a question- Do you have a huge acreage for this venture? Curious,becuase if your looking to go large scale then a backyard or 1 acre might not be large enough. |
| Wordpress Install service. PM me for rates and packages or what you need and we can work something out. | |
| | |
| | #22 | |
| HyperActive Warrior War Room Member Join Date: May 2006 Location: Raleigh, NC
Posts: 242
Thanks: 17
Thanked 37 Times in 31 Posts
| Quote:
Approach a local greenhouse about using some of their space, in exchange for donating some of the food to a local food bank and modest rent. When donating food, the food is a joint donation from your company and the greenhouse. Once that's operating, you can approach larger companies about corporate sponsorship. You'll have an established operation and goodwill with a local charity. The charity might already connections who'd be willing to help fund the growth of your own independent greenhouse. Eventually, I could see this as something where you're trying to raise pure investment of, say, $60k to build a 3000 square foot greenhouse. Part of your charter is that 300 sqft are available to foodbank X to come and tend and grow their own food, but more importantly, learn how to do this themselves and teach others how to be sustainable. You're building a for-profit venture, but with a mission to help others through direct action and long term education. That strikes me as something a wide variety of organizations might be willing to invest in (might even be able to get a govt grant to help fund that). As for one company investing - I don't think so. If you got 15 area companies to invest at $4k apiece, that's $60k. Offer them a reasonable return on their money as well as some degree of publicity in your operations, and you're good to go. I know that's not *easy* to do, but it is fairly straightforward, I think. I hope I'm not coming across as trying to turn your idea in to a charity or non-profit entirely. That's not my point, and I hope you can use some of this to spark some ideas about potential JV with area businesses to help you achieve your goals. Again, good luck. | |
|
Michael Kimsal http://heywords.com/srv - take our 2 minute survey | ||
| | |
| | #23 | |
| Active Warrior War Room Member Join Date: Jun 2009 Location: Atlanta, GA
Posts: 72
Thanks: 52
Thanked 10 Times in 9 Posts
| Quote:
Local Harvest / Farmers Markets / Family Farms / CSA / Organic Food In CSAs - customers buy a subscription to a farm for the growing season (often called a "share"). In return, they get weekly boxes of fresh fruits/veggies from the farm. Farmers usually set up "drop off points" in the city - there is a specific day/time window you must pick up your box, or it gets donated to charity. Some farmers include recipes too to help you figure out what to do with odd vegetables ![]() The idea is that the local community helps give the farmer a more stable income so that they can focus on growing. If they have a bad season (poor crops, alien monkey invasion, whatever) it affects them less... customers know that the farm might do well (and they benefit with lots of produce) or poorly. The key here is the customer pays up front for the whole season, at the very beginning (I'm unsure of how it works for people who want to join mid-season. I think farmers may also have limits to the # of people they can accept in any season.) Some CSAs also require people to come work X hours on the farm! (But I think most do not - it's mostly the economic stability).Could something like that work for you? If you got the $ upfront, would that give you enough time to get settled and actually produce something for that season? Good luck, at any rate. I think it sounds like a great idea, more fresh produce is always good | |
| | |
| | #24 | |
| Happy Hooker War Room Member Join Date: Jun 2007 Location: North of the Peace River, Southwest Florida, USA.
Posts: 7,592
Thanks: 2,673
Thanked 4,335 Times in 2,372 Posts
|
Matthew, to a multi-billion dollar corporation, $50k is chump change. Many companies drop that buying tickets to sporting events to avoid local TV blackouts. The tickets are donated to local charities. Here's how I would go about it... First, you need a prototype/proof of concept project. Could you start with something small, say 100 to 150 square feet? That puts you in the realm of relatively inexpensive, back yard greenhouses. You should be able to source most of the pumps and tubing from a local home center or ag supply house. With a little luck, you might even get the materials donated in return for publicity. Next, set up the prototype and run it. Keep track of the inputs, the labor required and the harvest. Be able to document everything. Donate the harvest to a local food bank. With a documented proof of concept, you have a couple of ways to go. You could look for investors/sponsors, or you could look for an outright grant to fund the next stage. Again, $50k is not a large number to the folks you'll be dealing with. Depending on the results, you might be facing one more round of funding, to scale the operation to commercial levels. Once you have solid proof that your methodology works, bundle the whole thing and sell licenses to use the information. Something that works, doable on several scales, using common materials, would have a world-wide appeal. That's likely going to appeal to some of the serious VC folks. Good luck to you! Quote:
| |
| Salad is not food. Salad is what food eats... -- The REAL PETA, People for Eating Tasty Animals "I did not fight my way to the top of the food chain to eat tofu!" | ||
| | |
| | #25 |
| Trust Christ Alone War Room Member Join Date: Sep 2008 Location: Central Florida
Posts: 3,014
Thanks: 63
Thanked 806 Times in 391 Posts
|
I will respond to your question of the legality of your proposed endeavor with the following statement: You have a milkshake, and I have a straw. And my straw reaches acroooooooss the room, and starts to drink your milkshake. I... drink... your... milkshake! I DRINK IT UP! |
| Read this SURPRISING REPORT Before You Buy ANY WSO! Click Here FREE REPORT: Split Test Your Landing Pages the Easy Way | |
| | |
| | #26 | |
| Less Think More Do War Room Member Join Date: Nov 2007 Location: AZ
Posts: 1,253
Thanks: 263
Thanked 328 Times in 184 Posts
| Quote:
so, it's basically a veggie time-share.......... er, grow-share? | |
| | ||
| | |
| | #27 |
| Bill Skywalker Edwards War Room Member Join Date: Nov 2002 Location: Arizona
Posts: 1,207
Blog Entries: 3 Thanks: 1,286
Thanked 72 Times in 61 Posts
| jendoe has your answer. That is what I was going to tell you , but Jendoe did a much better job.
|
|
Bill Skywalker Edwards First Page of Google Small Business Web Development Services Arizona Personal Injury lawyer Dominate Google | |
| | |
| | #28 |
| HyperActive Warrior War Room Member Join Date: Jun 2009 Location: The Left Coast, USA
Posts: 477
Thanks: 250
Thanked 165 Times in 112 Posts
|
Just wanted to mention that there is probably an info product here. If you haven't already built a prototype keep track of the materials and take pictures along the way. With growing interest in all things green there's likely a market for a related product for both the backyard gardener as well as larger projects.
|
| "Test fast, fail fast, adjust fast." Tom Peters | |
| | |
| | #29 |
| Joshua Hayes War Room Member Join Date: Mar 2009 Location: Hillsboro, OR
Posts: 1,058
Thanks: 485
Thanked 244 Times in 119 Posts
|
This is an interesting idea... You need to be seeking advice from an attorney on this. If you cannot afford an attorney, you do not need to be doing this... not trying to be negative, but it is what it is. Additionally, many attorneys offer a free consultation. Start there. Good luck! |
| | |
| | |
| | #30 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
Thanks for all the ideas and replies. I'm gonna work on creating some sort of salesletter and see if I can afford a website to put it up on to see what kind of response it will bring. If it doesn't bring any response I won't pursue this idea any further and see if I can raise the money some other way. Thanks again. |
| | |
| | #31 |
| Advanced Warrior War Room Member Join Date: May 2007 Location: Missouri, USA
Posts: 714
Thanks: 24
Thanked 94 Times in 62 Posts
|
I think it's a great idea! The only problem would be whether your area has laws about this type of thing. Sometimes an idea might sound fabulous and you would not be able to fathom any laws or restrictions getting in your way. But some cities and counties have laws that just don't make sense. Where I live, there is a big "urban gardener" movement. People are planting their own gardens, and a lot of them are interested in selling their surplus at farmers' markets. But the city does not allow anyone to sell produce from their gardens. It is to be for the consumption of the homeowner. Sounds like a perfectly fine thing to do -- grow some veggies in a safe environment without adding pesticides to them, share them with others in the area, and make a little money for your efforts. But it can't be done here. So it is definitely worth discussing with someone where you live, before you dive in. Like someone else mentioned, you probably have some fabulous knowledge that could be turned into an info product. Organic gardening is so hot right now. Anything related to sustainability is hot, really. Good luck! |
| | |
| | |
| | #32 |
| Advanced Warrior Join Date: May 2008 Location: Western Canada
Posts: 824
Thanks: 29
Thanked 148 Times in 126 Posts
|
Unlimited ways and ideas to setup little mini pieces of land, selling, renting, sharing or whatever! Just give it a nice little "twist" along with a good chat with your local, legal and tax buddies... How to Make an Income From Your Little Piece of Land gardenandgreen.co.uk - garden and green website Homestead Income Ideas! Apartment Therapy Chicago | Would You Buy Land Strictly For Gardening? Land Sharing is a New Trend : TreeHugger Dave |
| | |
| | #33 |
| Active Warrior War Room Member Join Date: Oct 2009 Location: California
Posts: 81
Thanks: 41
Thanked 16 Times in 16 Posts
|
Sounds like a great idea. It is involved, and sounds like it will require quite a bit of capital, and legal and technical expertise. I would suggest that you consult an attorney that specializes in this area. Most attorneys will give you a FREE one hour consultation. He/she can then discuss the strategy of asking for money in advance from prospective "investors", and also direct you to the people you would need to speak to about zoning, food and health regulations, etc., and all the other legal considerations involved. |
| | |
| | #34 | |
| HyperActive Warrior Join Date: Jan 2009
Posts: 196
Thanks: 7
Thanked 10 Times in 10 Posts
| Quote:
Anyway, to tell you the truth, I've got a 40 gallon fish tank hooked to 120 gallons of aquatic plants. Doesn't 100% keep me from changing the water, but it goes quite a while. As far as the website, check your PM's. Todd | |
|
“Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic.” -Author Unknown Resident computer geek. If you need help, don't be afraid to PM here, or DM on Twitter. | ||
| | |
| | #35 |
| HyperActive Warrior Join Date: Oct 2009
Posts: 320
Thanks: 13
Thanked 15 Times in 15 Posts
|
Great idea,but to be honest,I'm not sure whether it's credible.Do you think guys would like to purchase that things?Maybe you will have a tough course to promote your idea. Well,wish you good luck. |
| HostEase Web Hosting 20% for shared web hosting with coupon code "hostease"! $7.95 per domain with coupon code "695TLD"! 99.9% Uptime Guarantee! 30 Day Money Back Guarantee! 24/7/365 Customer Support! | |
| | |
| | #36 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I was thinking the same thing that it might be hard to promote. I'm not sure who would be the market and how to actually get word to them without any money to pay for ads. |
| | |
| | #37 | |
| Drunken Greek War Room Member | Quote:
I don't really think promoting this via the web is a good idea on the front-end. It's not the sort of thing that would easily attract investors outside of your own region. That's why it's so much better to look for financial support in the area where you're going to build it. It's something potential supporters can look at and see results first hand. You could even hit up organizations like the Boy/Girl Scouts, Churches, Salvation Army, etc., to get the ball rolling | |
| | |
| | #38 |
| Warrior Member Join Date: Oct 2009
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
|
Regardless of the barriers that you visibly see right now, you're on the right track. You create your OWN reality through your beliefs about YOU. If you believe it can NOT happen, it will NOT happen. If however, the belief is strong and the rough persistence is there for you to stick it out long enough. It's more than possible. You see, as a human being, you've been given quite possibly the best gift of all: The ability to project your thoughts outward into physical reality. The essential power that built our civilization up to where it is now! So others have come before you. Remember that. You CAN make it happen. The only HURDLE in your way is YOU. Generally whether you decide to COMMIT and MARRY the idea. Or DIVORCE and LEAVE it for that younger hottie. It's you and whether you take the action steps or not that are the only thing that stand in your way. The basic action steps would consist of: Raising the Capital, putting together your Team, and ultimately figuring out how much TIME this is all going to take. Money and People are important but, the TIME component is much much more important. Now, when you're in the position where you have NO money, or a PRE-EXISTING product to sell. All you are really have left to go with is YOUR IDEAS. So, you need a medium to convey what's in your head to other people. The resources for this project will inevitably come from OTHERS. Ask yourself if you are COMFORTABLE WORKING WITH OTHERS. Next to TIME. Working with other people is of the utmost importance. All resources in the economy are a derivative of OTHER PEOPLE anyway. So, you'll have to get used to it. You need a well written plan which you can make copies of to lever your ideas. Personally, I have spent years sowing the pieces of this great puzzle together. The one we call: "Turning an IDEA into REALITY." If anything, I'd say that our whole existence here hinges on learning that basic principle. The ones who master it become very free, rich, and happy. The ones who don't end up miserable, poor, and unhappy. I don't want to get to METAPHYSICAL on you here so I'll go into some result based solutions for you. The core-fundamentals you will need to learn and thoroughly understand is 1. THE CORPORATION. 2. OTHER PEOPLE. 3. RESOURCE AND TIME MANAGEMENT. You yourself need to operate as either the CEO of your own Corporation. Or as the SELLING-SHAREHOLDER. The only way you're going to do this is if you LEARN-HOW-TO-RAISE-CAPITAL-THROUGH-THE-CORPORATE-ARCHITECTURE. The corporation is the key because after you've created your plan and established the members of your team... you can begin creating shares and exchanging them for the MONEY or NECESSARY RESOURCES. You can raise FEDERAL RESERVE NOTE based capital through three primary means: A. Selling Shares of Corporate Venture. Creating PROPERTY that Investors will want to OWN. A Corporate Stock Certificate is pure ownership interest. B. Using Corporate Debentures. Putting the Corporation IN DEBT. C. Pre-Sale of your Product/Service. Promising a PRODUCT or a SERVICE at a later date. Now, I've covered the basic building blocks of raising FEDERAL RESERVE NOTES. But, Federal Reserve Notes are only one form of resource. The EXCHANGEABLE kind. The OTHER FORMS would be the Capital Goods actually used in the PRODUCTION of your PRODUCTS. For example: A. LAND B. BUILDING MATERIALS FOR THE GREEN HOUSES C. SOLAR-EQUIPMENT D. OTHER RAW GOODS LIKE FERTILIZER & SEEDS E. ALL OF THE ABOVE The next important resource is TIME. Whose responsible for all this? Will you need employees, salesmen, lawyers, accountants, insurance agents, bankers, stock brokers. What is the "HUMAN CAPITAL" aspect of all this. You're NOT going to be able to get to big doing it all by yourself. Also when you take into account the fact that you're trying to feed the whole planet. Well, that's going to require A LOT OF PEOPLE and RESOURCES. So overall... you need to learn AND understand the Corporation, People, and Resource/Time Management. Some great places to interactively learn how to DEAL WITH PEOPLE would be to: a. Join a TOAST-MASTERS CLUB: TOASTMASTERS (dot) ORG b. Start going to your Town or County Meetings. c. Join a local church. d. Go to seminars. e. Go to PLACES where there is PEOPLE. FREE advice... you can get that from either SCORE: SCORE (dot) ORG or the SBA: SBA (dot) GOV. Score is OVERLY helpful and wants to see you succeed. Find one near you. The biggest issue you're going to probably face is the "PEOPLE" issue. But, keep in mind... if you can get over the "PEOPLE" issue, you're gaining a skill only half a percent of the population truly has and why 1/10th of a percent of the population HAS as much income as the bottom 47% of the population. All wealth, ideas, money, and other resources come from people. |
| | |
| | #39 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
This is looking impossible. Isn't filing articles of corporation like three thousand dollars or something like that? Also are you able to start a corporation and be the only person working on it? It looks like I'm going to have to find another way of raising the funds to do this. |
| | |
| | #40 |
| IP Solutions Join Date: Jul 2009 Location: Ponte Vedra Beach, Florida
Posts: 29
Thanks: 6
Thanked 3 Times in 3 Posts
|
Hey Matthew. What a creative idea! This sounds like a new twist on an old concept,- the co-op. People pay a membership fee, (okay you can say they are buying a spot of real estate if you want, but it's not necessary,) and in exchange, they get reduced prices when purchasing produce. There is a grocery store in Tallahassee, Florida that operates that way. Co-op "members" get a discount, the rest of us pay retail. This way, you're not worried about making sure that what they are getting is from a specific square foot of property. Sheesh! Gives me a headache just thinking of how you would track that. Good luck. This is an exciting concept and your timing is perfect! |
| | |
| | #41 |
| Rapid Leverage Join Date: Oct 2009 Location: London, England
Posts: 109
Thanks: 4
Thanked 21 Times in 18 Posts
|
the legalities depend on your local bylaws so check those out but as already mentioned above, the concept is [in my opinion] legal. When developers build houses/apartments, they take deposits on them before they are completed which effectively pays for them to actually be built and then once built they collect the balance from the buyers. you could do a similar thing with your potential customers |
| I generated £100,000+ in new business through Group Buying strategies during 2011. Ask me how! Who else wants more clients and cash? Check out my private IM coaching forum for business owners & entrepreneurs | |
| | |
| | #42 |
| Kevin Wilson War Room Member Join Date: May 2007 Location: BC, Canada.
Posts: 532
Thanks: 173
Thanked 74 Times in 62 Posts
|
Matthew, as Jen mentioned above, what you're talking about is similar to a CSA (community supported agriculture) setup, except that a CSA normally just raises the running costs for the year up front, not the capital costs for something large like a greenhouse. How about different ways of getting this started. Can you rent greenhouse space? Can you build just one or two of a projected range of greenhouses, and expand gradually? Can you find a partner locally who has land or greenhouse space they are not using? Can you partner with an existing non-profit or co-op to make this happen? Partnering is probably key to this project. Very few people have all the skills required - selling the project itself at the start, buying/building growing space, actually growing the food, harvesting and and packing the food (this is non-trivial!), selling and delivering the food, managing the business - etc. You should be getting involved in your local agricultural community ASAP because contacts will be extremely important. I grew a small scale market garden for a few years, outdoors and in a hoophouse, and sold at the local farmers market. The biggest challenges were not the growing or the selling, but the time involved in harvest and post-harvest, and in actually being present at the market to sell. From the Peak Oil and sustainability point of view, greenhouse growing has some definite question-marks. A plastic-covered hoophouse, which is the cheapest form of greenhouse (I have one), is obviously not sustainable in the long run - you have to buy new plastic covering every few years. Lowest embodied energy and least regular replacement of materials would come with a glass greenhouse built from recycled materials. Such things do exist, even on a large scale: old greenhouse ranges which are no longer being used have been disassembled and re-assembled in new locations before now. Additional heating in the low-sun months can take a huge amount of energy, but there are ways to store heat from summer to winter - I've seen one greenhouse built so in the summer, hot air is blown through a LARGE rock reservoir underneath, and then in the cold months, that heat is used to warm the greenhouse. I never thought I'd be discussing this stuff on the WF! Edited to add: Several people have suggested you consult a lawyer. For business information it should be easy to find a lawyer who knows the answers to your questions, though there are probably business-startup-support entities in your area (in Canada it's the local Community Futures office) who can give you that kind of advice too. But for advice about food-growing and food-selling regulations, you want to talk to people who are doing what you plan to do (farmers, market sellers, CSAs, aquaculturists) and the government agencies who support them - Agriculture Canada in Canada, your local extension agents in the US. You might also get information from your local makers of health regulations, whether federal, state/provincial, or local. These things are all EXTREMELY location specific, even within a country, and most lawyers wouldn't have a clue. You might ask local farmers who they use as a lawyer, to find someone with some knowledge of the food production industry and its regulations. One big stumbling block is often processing regulations: you can sell your home grown veggies as long as you don't process them at all, but as soon as you start processing (which can be as simple as washing and bagging salad greens) a whole slew of regulations and requirements kick in - some from health authorities, some from agricultural authorities, and probably some transport ones too. It's a real jungle. |
| Last edited by kevinw1; 12-27-2009 at 08:06 PM. Reason: additional info | |
| | |
| | #43 |
| HyperActive Warrior Join Date: Nov 2003
Posts: 146
Thanks: 0
Thanked 4 Times in 4 Posts
|
I posted this months ago. I didn't know people were actually going that far back in the threads and digging this back up. I gave up on this. It was a stupid idea for a pennyless person like me to even contemplate. I've been doing alot of research and I realised I don't even have to do this as nature will force people to do what I my idea was and that was to grow food really close to people so there wasn't a massive calorie waste in the travel of food thousands of miles across the country. Nature will force people to grow their own food when oil starts raising and fuels costs get closer to the equivelent of being what a human uses. I mean gas is like 30,000 calories a gallon and a human uses around 2,000 in a day. That's about 15 days worth of a humans work. If oil was priced at what a person gets paid to expend their calories there wouldn't be such a massive gap in work done. I mean if a person was paid $5 an hour and gas is equal to 15 days of a persons work that is 360 hours total at $5 is $1,800 for a gallon of gas and theres about 20 gallons of gasoline that is refined from the about 40 gallons of oil in a barrel. So a barrel of oil should be like $36,000 based of the $5 an hour price a human would be paid instead. That price gap has allowed people to overpopulate to a level that is way unsustainable. Nature will force the price up as it's not producing more oil even though it's being used at an incredible rate. So that will force the price to go up as supply decreases and demands rises all around the world. Lots of people will probably end up starving really quick though if there is a massive spike in oil prices especially if there is some form of outage or if one of the big oil fields all of a sudden is proven to have much less then is being reported. So it's not really essential for me to accomplish my goal so I gave up on it as it's only a matter of time before people will be forced to sustain themselves if they are able to. Besides I'm way to depressed to be able to do anything about this anymore. And your right that even a greenhouse basically isn't sustainable as many of it's parts are made from fossil fuels such as plastic and getting water would be difficult since the aquafer tables are basically dropping most everywhere and without fossil fuels it's difficult to get it out of the ground. |
| | |
![]() |
|
| Tags |
| idea, legal, money, raising |
| Thread Tools | |
| |
![]() |