Comments on: Ringside Startup Launches! 60 days to raise $20,000

By: Idea Is Queen! - » Idea Day28: From RingSide to Bounty Hunter

Idea Is Queen! - » Idea Day28: From RingSide to Bounty Hunter — Thu, 29 Mar 2007 18:11:58 +0000

[...] Steven Poland’s new (not quite new now) startup, RingSide Startup, provides an opportunity for everyone to learn how to build a startup from A to Z, . He will disclose the process and progress everyday on its blog, along with advice/ comments from experienced entrepreneurs and VCs. If you donate money (ranging from $5 to $1,500), you will become a contributor and can participant in some business decision making process. The bottom line is to raise $20,000 ($10,000 minimum) within 60 days. [...]

By: Eliot

Eliot — Thu, 29 Mar 2007 11:14:57 +0000

Thanks for answering those questions Steve – I hope its all going well.

Some people may be more willing to donate time than money, a blog post on ringside startup asking people what services they would be willing to donate would be worthwhile – you have no obligation to take up their services and you might get something you never expected: a blog review here, some logo design there, some copywriter’s time, heck even a radio ad – who knows??

By: Patrick

Patrick — Wed, 28 Mar 2007 22:39:51 +0000

Sounds like a Steve poland scam is in full effect. We know what you are trying to do steve, getting other peeps to fund your fanatasy stuff. If your idea is that good and your advisors are that good, why dont you pitch a VC??
Dont give us some altruistic bs answer

By: Startup #12 - Number One Super Cool Fan Club « A Startup A Day

Startup #12 - Number One Super Cool Fan Club « A Startup A Day — Tue, 27 Mar 2007 05:51:24 +0000

[...] Think this is a real idea or a fake? Vote now for a chance to become a featured sponsor on Steve Poland’s new Ringside Startup [...]

By: Steve Poland

Steve Poland — Mon, 26 Mar 2007 19:37:37 +0000

@Rob — I agree; I’ll be working out the details — but definitely not every decision will be going out to the community; but some active participation to keep readers involved.

By: Rob

Rob — Mon, 26 Mar 2007 19:33:58 +0000

Hi Steve,
Don’t know if you ever heard of “The Business Experiment” from summer of 2005. It was different than what you are doing, but we did let everyone who signed up vote on decisions. We learned a lot from the experiment before it shut down. You can read the Fast Company article on us at http://www.fastcompany.com/magazine/101/next-essay.html

I think you will find that groups don’t make good decisions, because no one knows your business as well as you. But I wish you the best of luck. Maybe you will fare much better than we did.

By: Chris

Chris — Mon, 26 Mar 2007 18:27:22 +0000

Best of luck Steve. I will be watching your progress and learning along with you.

By: The BadSlacks Method - Book Development Blog

The BadSlacks Method - Book Development Blog — Mon, 26 Mar 2007 17:12:03 +0000

A Remarkable Way To Start A Business (And Raise $20,000)…

I’ve put my $5 in…
Steve Poland of Techquila Shots and Ringside Start-up is:
Raising $20,000 in contributions to launch a web start-up. Your participation entitles you to vote on actual business decisions. I will blog about this entire jour…

By: Adam Brucker

Adam Brucker — Mon, 26 Mar 2007 16:53:38 +0000

Cool idea – good luck! -AB

By: Steve Poland

Steve Poland — Mon, 26 Mar 2007 16:08:57 +0000

@Eliot — Thanks for the note. Definitely some of the ideas posted can be developed for less than the $20k, but in addition to programming, there’s design, legal fees, eventual marketing, etc.

This idea was an after thought — came to me after I had created Techquila Shots. Thought it’d be a great opportunity for all of us to learn the start-up process and hear what the experienced entrepreneurs/VCs (the advisors/experts I’ve lined up) would be saying at various parts of the start-up process.