{"id":4009,"date":"2023-07-01T00:02:59","date_gmt":"2023-07-01T00:02:59","guid":{"rendered":"https:\/\/www.godefy.com\/the-successful-entrepreneur-business-plan-wealthy-parent-edition"},"modified":"2023-07-01T00:02:59","modified_gmt":"2023-07-01T00:02:59","slug":"the-successful-entrepreneur-business-plan-wealthy-parent-edition","status":"publish","type":"post","link":"https:\/\/www.godefy.com\/the-successful-entrepreneur-business-plan-wealthy-parent-edition\/","title":{"rendered":"The Successful Entrepreneur Business Plan (Wealthy Parent Edition)"},"content":{"rendered":"<p>Goal: Start a restaurant, maybe something having to do with food trucks or comic books. Differentiator: Access to capital. The Plan Comprised of three sections this plan will address, funding, locations, and operations. Please note the value add strategies sprinkled throughout this plan. Funding: Get my mom to invest cash. Unfortunately she won&#8217;t invest enough to reach escape velocity, however the interest free, equity free loan offers a solid foundation for growth. Location: Negotiate a sweetheart lease with dad in one of his commercial properties. Value add strategy: Explain to dad that his ex-wife is my investor thus creating social pressure making it difficult for him to charge the full cost of rent we negotiated until business operations are profitable. Operations: I believe chasing dopamine is the most effective operational plan. However I&#8217;ve outlined the first 18 months as follows. By the end of 24 months I should be earning $2 million a month. Months 1-6: Preparation and validation of my ideas. I think people will drive about an hour each way to buy from me, and I need to find industry experts who agree with me or validate that assumption to maintain access to capital via existing investors. Months 7: Begin marketing by running ads exclusively in a city 45 miles from my location. Value add strategy: Sort of poison my investor&#8217;s cat to remind them of my great power, and\/or that I am helpless and would die without financial support, however I may still flourish with more money&#8230;<a href=\"https:\/\/www.masonpelt.com\/the-successful-entrepreneur-business-plan-wealthy-parent-addition\/\">The Successful Entrepreneur Business Plan (Wealthy Parent Edition)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goal: Start a restaurant, maybe something having to do with food trucks or comic books. Differentiator: Access to capital. The Plan Comprised of three sections this plan will address, funding,&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3418,300,324,3177,3417,3416,354,3419,12,295],"_links":{"self":[{"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/posts\/4009"}],"collection":[{"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/comments?post=4009"}],"version-history":[{"count":0,"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/posts\/4009\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/media?parent=4009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/categories?post=4009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.godefy.com\/wp-json\/wp\/v2\/tags?post=4009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}