Right, after many months of hmm'ing and haw'ing I've decided to give this a go, or at least investigate its feasibility.
The plan is to open and run a coffee shop in Dublin city centre solely funded by investment from IPB members. The shop will tentatively be called Coffee or GTFO. I'll be back living in Dublin at the end of October and will take on the running of operations, in the first instance at least.
In the beginning, I'm thinking it will be very basic and we won't be doing the whole shop fitting/branding thing, but I'm open to correction on this, and absolutely every facet of the business.
What I need out of you lot is discussions on:
a) How much money do you think we'll need and what the minimum investment should be
b) USP
c) Best location
d) How decisions will be made
e) The business-y stuff like setting up a company etc.
f) How I'm involved financially. I have literally no clue how this stuff works. Usually the person with the idea maintains some % of it despite not having invested an amount commensurate with that %? Also, I'd probably need to pay myself a small amount for the month or two it takes to get up and running so I don't starve, and if it goes well I'd continue to manage it, and of course oversee its growth until global domination is achieved.
Anyway, expressions of interest in investing are welcome, and we'll work out numbers at a later date after some input from people who know about the business end of things.
For those of you that don't know me personally, I'm a bit of a coffee nerd and I think I'm pretty well qualified to run a shop. I worked in Bewley's for 4 years and was one of the first officially trained baristas in Ireland having attended their training in academy back in the late 90s. Plenty of people on here know me personally and will doubtless tell you what a top bloke I am!
OK, have at me....!
The plan is to open and run a coffee shop in Dublin city centre solely funded by investment from IPB members. The shop will tentatively be called Coffee or GTFO. I'll be back living in Dublin at the end of October and will take on the running of operations, in the first instance at least.
In the beginning, I'm thinking it will be very basic and we won't be doing the whole shop fitting/branding thing, but I'm open to correction on this, and absolutely every facet of the business.
What I need out of you lot is discussions on:
a) How much money do you think we'll need and what the minimum investment should be
b) USP
c) Best location
d) How decisions will be made
e) The business-y stuff like setting up a company etc.
f) How I'm involved financially. I have literally no clue how this stuff works. Usually the person with the idea maintains some % of it despite not having invested an amount commensurate with that %? Also, I'd probably need to pay myself a small amount for the month or two it takes to get up and running so I don't starve, and if it goes well I'd continue to manage it, and of course oversee its growth until global domination is achieved.
Anyway, expressions of interest in investing are welcome, and we'll work out numbers at a later date after some input from people who know about the business end of things.
For those of you that don't know me personally, I'm a bit of a coffee nerd and I think I'm pretty well qualified to run a shop. I worked in Bewley's for 4 years and was one of the first officially trained baristas in Ireland having attended their training in academy back in the late 90s. Plenty of people on here know me personally and will doubtless tell you what a top bloke I am!
OK, have at me....!
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