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Thread: Feedback needed from everyone here PLEASE!

  1. #151
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    Quote Originally Posted by IanY View Post
    Guy,

    Set up a Limited Liability Company in a low/no tax state. Deleware or Nevada would be good. Its worth it just protecting yourself and your assets. Costs very little.

    With that, you may set up a company checking account, and potentially build company credit history for a line of credit.

    I hope you have a 0% cash advance feature on your credit card because being fleeced at 13% or 19% or 21% isn't my idea of fun.
    newls1,

    Listen to Ian, setup a LLC in Nevada, protect yourself and your personal assets immediately. By doing this it's a win/win all the way around.

    Back on topic.

    I understand start up costs are an issue at the moment. I personally would not buy the 2 loop setup with the components you have listed. That's not saying others won't. I would suggest you make a run at this all or nothing. Only going half way because of limited funding you will end up with just another 'crap kit' in a market already full of them. Please don't take this as a dig/dis/flame/knock it is not. I'm just being realistic. I would suggest if your target group is the WC enthusiast community you use what the community supports currently. The trick will be to keep the boxes evolving as components are updated.

    I wish you the best of luck in your venture, with a little patience, and a solid business plan, I'm sure you can make a successful go of it.

  2. #152
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    My business advice comes free I'm sure a lawyer would be happy to listen to you, but at $250 an hour

    Sit down for two hours and write a proper business plan. Just a draft would be good. You need something to start with. State your objectives - immediate and one-year horizon. Write down your product strategy and your marketing strategy. State your cash resources, how much you have and how much you need to borrow.

    Take your time over the next month to polish up this document. You will need this document to secure venture capital financing and/or a bank loan. BTW, this is my profession.
    Last edited by IanY; 04-10-2007 at 10:30 AM.

  3. #153
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    I want to say this, from a consumer aspect, and being what I have seen here on XS since (as far as I know) this is where you are making your ideas known.

    like I mentioned earlier, options, options for parts. Now I know this is easier said then done.

    If you are going to AIM for the Enthusiasts more often then not, flexibility will be a key element.

    WE like OPTIONS, or taking something that is not supposed to do something and making it do something we want it to, i.e. over clocking/modding.

    If I were you, (just my :.002 I would go for a base line idea, and as it grows it can be shaped and molded, but for getting it off the ground, don't pull back on the stick to early, let the project gain lift, before you know it, if designed right, she will take you for a ride ;-).

    Dunno if this will help much.

    K.I.S.S...........one of the greatest sayings in known English language. You can always provide options later, also can react to customer demand.
    fermiNow Dave will see FERMI where ever I go
    Quote Originally Posted by jbartlett323 View Post
    So please return to the "Darkside of the Moon" and check your "Pulse" while you wait for the "Animals" that will be "Obscured By Clouds". And watch me wave as I say "Wish You Were Here" in "A Momentary Lapse of Reason"

  4. #154
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    Quote Originally Posted by newls1 View Post
    How do you agree with this: 2 pumps, 2 rads (mcr320, mcr220) 2 T-lines, all for 2 loops coming out of 1 box. Should I build this?
    Are we in agreeance that I should hold off on this build, setup an LLC first, then try to the best of my ability produce/sell my first design, THEN as things progress (hopefully) then continue making different designs? This sounds about right, but I thought that having 2 different "WaterKegs" would be providing "options" as it is somewhat difficult adding different parts to these cases, although CAN BE DONE. The only downside I can for-see for my KingKeg build (dual loop) is the price. Would someone really buy a 400+ dollar watercooler? I made the case up already (mocked up with cardboard ) came out good, close to what this one looks like, just a "HAIR" larger, with a couple different angles. I'm going to take a break right now, and wait to see what you all agree with. I really give a "HUGE" THANK YOU to everyone who has helped my through this, and to all of you who have givin me some legal advice as to what to do.
    Everyone Take Care

    Seth
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  5. #155
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    Can't work off consensus, dude. You can get opinions, yes. However, the major decisions have to come from you, the chief executive.

    Experience shows a few things: (1) you normally learn to walk before you run, (2) if you run before you walk stably, you may be fast, but you may fall down, (3) before you fall down, you would want to build a safety net, (4) you make friends to help you learn to walk as fast as possible, and then run as fast as possible, (5) after you learn to run fast, you remain grateful to those who helped you along the way.

  6. #156
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    Seth,

    Establish yourself first, look before you leap. Win, Lose, or Draw you will never know what might have been if you never try. Just remember if you don't legally protect yourself a failed business can impact your personal finances for the better part of your life. We can offer all of the advice we want to but it's your neck on the chopping block here. I would take it 1 step at a time and go with your gut instinct. My 2 pennies.

  7. #157
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    These people know what they are talking about

    When you do make a dual loop box though can i suggest using what people consider here is the best in equipment, especially having the Thermochill rads in there.

    I would still pay 300+ or 400 dollars for the box, it would still be cheap or almost as much as i could buy just the parts alone for in this country.. call it £250-270.

    btw.. 2 loops means there would need to be 4 holes drilled at the back of the case for the tubes right?

  8. #158
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    Quote Originally Posted by IanY View Post
    Experience shows a few things: (1) you normally learn to walk before you run, (2) if you run before you walk stably, you may be fast, but you may fall down, (3) before you fall down, you would want to build a safety net, (4) you make friends to help you learn to walk as fast as possible, and then run as fast as possible, (5) after you learn to run fast, you remain grateful to those who helped you along the way.
    Wise advice...

  9. #159
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    Quote Originally Posted by IanY View Post
    Can't work off consensus, dude. You can get opinions, yes. However, the major decisions have to come from you, the chief executive.

    Experience shows a few things: (1) you normally learn to walk before you run, (2) if you run before you walk stably, you may be fast, but you may fall down, (3) before you fall down, you would want to build a safety net, (4) you make friends to help you learn to walk as fast as possible, and then run as fast as possible, (5) after you learn to run fast, you remain grateful to those who helped you along the way.
    wow. i was thinking the same thing, but didn't know how to put it as kindly as possible. glad you found the words.

    that said, your product is indeed decent as it is, if it's the current final plan, and hopefully you can sell enough to build some funds to upgrade to a better platform
    E8400 8x500=4000 | ABIT IP35-E
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  10. #160
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    Hi everyone.... I picked up another case today for my second build. Im going to be using a Light Grey/Silver finish this time around to see how this color comes out. If you want to see some pictures, I have pics of the shell opened and the white primer drying.



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  11. #161
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    Looking good, and wide

    big enough for 2 rads i see?

  12. #162
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    Quote Originally Posted by shadow of chaos View Post
    Looking good, and wide

    big enough for 2 rads i see?
    No this isnt the double rad case. This is still the same single triple rad case.
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  13. #163
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    oh ok, thought it looked bigger for some reason

  14. #164
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    Quote Originally Posted by newls1 View Post
    I have changed the plans for the case above................It getting THERMOCHILLED Just ordered a PA120.3 and can't believe how long that sucker is. My case should still be able to hold it, but with some slight modification. Stay tuned
    lol I thought you were out of money? Anyways seems like a great idea and I really hope that it works out for you. Good Luck.

  15. #165
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    Quote Originally Posted by rbd89 View Post
    lol I thought you were out of money? Anyways seems like a great idea and I really hope that it works out for you. Good Luck.
    Credit cards are your friend (not really) in this time of matter
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  16. #166
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    Quote Originally Posted by newls1 View Post
    Credit cards are your friend (not really) in this time of matter
    Im sorry to hear that but im sure you'll make all the money back and more when you start putting these things into full production.

  17. #167
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    I'm back guys, If all goes well and my parts so up on time (ups :-o) on monday, I'm sending a review sample to a great guy here on the forums who will put my cooler to the test. I should be able to ship it out tuesday. Wish me luck guys! Also, I have plans to produce 2 more different coolers, i'll share the specs soon, but should be at least in the mockup stage in about a month or less.

    If things start working out for me, I'll look into incorporating, and startup a small, but rather nice website. I'll post further updates as soon as something comes up. I removed my thread in the services section, to make an updated one using better pictures, and of a different unit. Thank you all once again for your support, and look foward to showing you all more items as I make them.

    Take Care
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  18. #168
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    Good luck man, I hope this, erm, business venture of yours is successful!
    Lenovo Thinkpad X220 - Core i5 2410m, 4gb
    waiting on 28nm video cards...

  19. #169
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    Quote Originally Posted by newls1 View Post
    I'm back guys, If all goes well and my parts so up on time (ups :-o) on monday, I'm sending a review sample to a great guy here on the forums who will put my cooler to the test. I should be able to ship it out tuesday. Wish me luck guys! Also, I have plans to produce 2 more different coolers, i'll share the specs soon, but should be at least in the mockup stage in about a month or less.

    If things start working out for me, I'll look into incorporating, and startup a small, but rather nice website. I'll post further updates as soon as something comes up. I removed my thread in the services section, to make an updated one using better pictures, and of a different unit. Thank you all once again for your support, and look foward to showing you all more items as I make them.

    Take Care
    Good luck with that!

    i hope one of the models has 2 loops

    I'll be watching this thread over the next few weeks and see how it goes.

  20. #170
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    Hi everyone I finished another WaterKegIII today for it to be sent out to be reviewed by a certain person . This cooler was built in the same fashion as any other unit would be built. The case came out really good, I used a metallic silver finish, w/ a black mesh top. nice bright "BLUE" CCFL lights, and overall looks fantastic. I will post you all pictures tomorrow morning, Im dying to go to sleep right now, just wanted to update you all, and I hope you look forward to seeing the pictures
    Thank you all again

    Seth
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  21. #171
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    Here are a few pictures of the finished cooler.



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  22. #172
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    Hey mate,

    Sorry didn't get any time to do the banners over the weekend (end of one promotional period, starting a new one so always hectic). Going to pick up my case from the powder coaters tomorrow so after tomorrow should find some time!

    Looking good though!

    If it ain't watercooled, I don't wanna know.

  23. #173
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    Looks nice newls

    any idea when you will be making the dual loop box?

    The Pound is worth 2.00718 Dollars right now

  24. #174
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    Quote Originally Posted by shadow of chaos View Post
    Looks nice newls

    any idea when you will be making the dual loop box?

    The Pound is worth 2.00718 Dollars right now
    I have to start selling some of these (above coolers) first, in order to have some sort of money to invest into the other designs. I have basically damn near maxed out my charge card (which I know is a ), but have just enough if I have to pay my mortgage with it next month. Gosh, I hope sometime soon I can start to get ahead with my bills.

    **EDIT** here is a new link to my page in the "SERVICES" area
    http://www.xtremesystems.org/forums/...d.php?t=141114
    Last edited by newls1; 04-17-2007 at 01:54 PM.
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  25. #175
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    Quote Originally Posted by Mekrel View Post
    Hey mate,

    Sorry didn't get any time to do the banners over the weekend (end of one promotional period, starting a new one so always hectic). Going to pick up my case from the powder coaters tomorrow so after tomorrow should find some time!

    Looking good though!
    Hey, no prob, thanks
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