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Re: Rochelle Hub Theater
by
repentance
on 27/10/2011, 21:21:25 UTC
Could you please post your business plan?

No investor would consider sending a single BTC/$ without seeing a business plan first.

He not asking for investors.  People aren't going to get anything in return for their donations except "free movie tickets for life" (which is kind of meaningless if they don't live in Bumfuck, Illinois).  No equity.  No dividends.  Nada.

It's the kind of project people might donate to if it was being organised by a local historical society or something (buying the building, not necessarily operating it as a theatre), but not so much if it's for profit venture by a private individual.

I'm also curious about how the $35,000 pa median income (I think he means profit) has been calculated.  Even if that figure's accurate, it's a pitifully low amount to support him and his fiance given the sheer amount of work involved in running your own business.

logansryche, you need to contact the guy who gave this interview.  It sounds like he was probably the last manager of the place and he'd be aware of any physical problems with the building and equipment as well as the business dynamics which led to the theatre closing. 

http://www.rochellenews-leader.com/v2_news_articles.php?heading=0&page=72&story_id=3961