11 Months & Counting…

To think it’s nearly two weeks since my last post and my life has been a whirlwind of events

From perfecting the business plan for GenieHomeSwap, to helping the Trussell Trust as a thank you for helping me and my family when things got really tough. To now panicking like a bunny in headlights awaiting the answer from Zero Start Ventures to see whether they are interested in investing in my ideas.

Oh and the virus from HELL…

It’s funny to think that my future and life is in their hands (Zero’s). One simple decision could affect everything I have planned for a long time, Scary or what?

What will I do if the answer is a no?

As time is ticking, keeping myself afloat is getting harder and harder, but its just a good job I’m a cracking swimmer lol

Come to think of it… keeping afloat should be added to my CV 😉

Talking of which I met a lovely lady in the local supermarket when I was opposite the eggs. I was busy arguing with myself about the extra £1.50 for the 24 eggs because that £1.50 could mean another base for a meal like a small pack of meat or something similar from the reduced section that I could freeze. Then this lady with a friendly smile was staring at me obviously thinking “What the hell is she doing staring at the eggs for all this time?”

So I explained about the Egg scenario and how that £1.50 really could make all the difference to whether we eat or not. I had a lot of things in the trolley for my children and not many items for my Husband and I just some Chicken. She remembered me from the TV feature (cue embarrassment) and I went on to tell her about how amazing the Trussell Trust are and about how my families lives will be different in 11 months time once I successfully launch Genie.

She was lovely genuinely interested and also knew of the Trussell Trust too.

I have full faith in what I’m doing and I know that this is the only way for me to do it (because of my personal situation with my disabled sons care and also my poor health).

It’s simple, if Zero Start Ventures don’t think Genie is for them it’s not because they don’t like the idea… it will be because it’s not their area of expertise or just not for them.

If that does happen I’ll pick myself up and keep fighting for another day. I have done this before and can do it again a thousand times.

It’s all for my kids, so I have to!

That doesn’t make it any less painful, but it’s how you utilise that pain that counts remember that guys x

Try to turn it into a positive and you win every time.

I will let you know of the outcome with Zero Start x

Love to all

Advertisements

A Normal Option For A Normal Person ;p

The New Enterprise Allowance…………….Not bad and easy to access as well.

This is great if you are deciding to start your own business and you’re in receipt of benefits. The benefit that qualify’s is Job Seekers allowance.

http://www.direct.gov.uk/en/Employment/Jobseekers/programmesandservices/DG_198864

Its primarily designed for loan and finance, but also offers a very good mentoring. New Enterprise Allowance is great for connections too, and they support you for 6 months from your sign up day.

New Enterprise Allowance ……………… what is it?

  • Support and advice to help prepare for self-employment
  • Support for at least the first six months of trading
  • An allowance paid for the first 26 weeks of business, to help support you during your business start up. At these times your earnings could rise and fall
  • Loan of up to £1,000

The allowance and the loan are not taken into account when working out these benefits

  • Housing Benefit
  • Council Tax Benefit
  • Tax credits
  • Income Tax

New Enterprise Allowance …………….Get The Ball Rolling

If you are interested in taking part in The New Enterprise Allowance then please talk to your Jobcentre they will explain everything and put your mind at ease:

Touching on these topics

  • How will the New Enterprise Allowance works?
  • Who will assess the business idea/Plan?
  • Who provides the practical support?
  • What do the adviser expect from me at the Jobcentre?
  • How much will I be paid?
  • About the loan – including where to apply for a small, affordable loan to help with start up costs
  • What will happen when the allowance ends

If they think your idea is viable then they will direct you to a funding option, usually in the form of a low interest loan.

I have had a Community Development Finance Association (CDFA) low interest loan (Impetus Marches,Shropshire very nice people) These specialists will go over your business plan with a fine tooth comb and either grant you the funds or point you in the right direction of a mentor so you can get to where you want to be. You will also be assigned a mentor if you get the funding so again a win win situation  (loan)

For more information please contact Jobcentre Plus on 08456 060 234

Eligibility: 

To meet the criteria you have to be over 18 years of age and one of the following:

  • In receipt of Jobseeker’s Allowance for at least six months, before entry to the Work Programme
  • Your Business Idea has been looked at and it’s a cracker  ;D
  • You live in an area where The New Enterprise Allowance is available

Good luck guys hope this helps x x x

See you soon

Laters x

Saving Genie Update

Well as you know I am having a meeting with Dee on the 17th regarding funding options and I’m also looking at other avenues like Angels. I have found a group called Zero Start Ventures and they would like to see my business plan to go over everything if they like it then they invest. No fees, just straight to the investment.

How much of Genie I have to give up I don’t know or whether that’s even on the cards, but I will keep you updated. Whatever happens I do know that 4 weeks ago I was in very a different position, sat crying and feeling ashamed of what had happened to Genie and how I could have been so stupid.

There is so many things that I have to remember though and try to keep always keep these things in mind

  • I’m a girl with no qualifications. I never finished school, so to get this far was brilliant and I should be proud of myself! I know my Nan would be.
  • The liquidation and the programmers taking my funding could have happened to anyone as it did to many others.
  • If I can pull this of which I will then anyone can do it ANYONE
  • My family will always be proud no matter what I achieve
  • Rome wasn’t built in a day ;D

I find the last point to be a good example of how to look at a frustrating situation because if we sit and get flustered it will only get worse.

So is this the start of a fantastic business relationship with Zero Start Venture who knows? But if not for me maybe somebody else. They are genuinely motivated into getting businesses up and running. Which are my kinds of people

Fingers crossed and lets wait and see if they like the plan and what they have to offer me  because lets not forget that what it’s about. Mutually agreeable term between two parties on the understanding that they will both benefit by the use of each other’s knowledge………………..

Until the next instalment my friends

Love to all x

Yes real business Angels, not rip off money grabbing convention hosting con artists :)

Hi All,

Have you ever felt like everywhere you turn when looking for funding, it’s very similar to a house loan?
Do you get bombarded with emails or phone calls from brokers? ………………… Or that’s all you seem to come across on the net when looking for funding.
Me too Grrrrrrrrr

They only want you to pay a ridiculous fee; apparently this enables them to match you with an investor. Half the time I read reviews on these things and the poor entrepreneurs money has just been taken and they hear nothing back. So be warned, Please do you homework my friends as this piece of advice is priceless whereas not doing it could cost you everything.
Companies that ask a fee before anything could have a string of what I call ‘phantom investors’ on their books. Or on the other hand the fee is so high to join (several thousands) that it doesn’t make sense because if I had that kind of money I would be investing straight back into my company, Wouldn’t you?
Does this all sound familiar?

Yep again me too…………………..So Because I am so cautious at finding organisations for funding options when I find a good one I will share with you x x
Once bitten twice shy and all although my problem was my programmers liquidating and taking everything
I have found a fantastic bunch of investors that will not rob or prevent you from reaching your dreams.

http://zerostartventures.com/index.htm

02031 784005

No more ……………….. Broker types………………………..Straight to the Angels x

How it should be done x

Hope it helps I’m going to give it a whirl if there is no options from Dee my area business adviser

Good luck all x x x

No Essex “Boss” Will Get The Better Of Me :P

I first realised that I needed to contribute financially to my household when I became aware of the increasing pressure that was being placed upon my husband. This was due to the mounting costs of living and lack of people spending in his particular area of business.

The problem was after receiving many knock backs from would be employers because of my health complications; it became apparent that there was no way any employer would risk taking me on, as my health quite regularly takes a nose-dive for prolonged periods of time. After another “No thanks” from a would be boss, I decided it was “TIME TO TAKE MATTERS INTO MY OWN HANDS X X”

Late that night, when I was unable to sleep for the pain of my condition, combined with care for my disabled son, I had a moment of clarity. It was then that I hatched a radical plan that would not only be able to help my family, but I would be able to extend that help out to the wider community… right across Great Britain.

Well we received £7500 in the form of a business loan (low interest) from an organisation called Impetus Marches, in Shropshire (very nice people). They awarded the loan after revising my business plan and agreed that it was a fantastic venture and they would be proud to be a part of it.

That money was enough to buy a laptop, pay for the website and a bit of advertising. Not bad for a girl with no formal qualifications under her belt hey 😉

I searched for days looking for the best programmers my money could buy and just by chance I found Quantum Web Solutions, Shrewsbury, Shropshire. A fantastic bunch with an impressive portfolio including some work, which they had collaborated with the Dragons Dens business enterprise (an example being http://www.thepresentclub.co.uk). With sucha great pedigree, I thought “What could go wrong?”

Oh Jesus…..

Hindsight is always 20/20!

I should have figured that something wasn’t right when my first designer walked away from the company. I thought this could be a problem.

Then the second designer I was allocated walked out and left.
I KNEW there was a problem!

Quantum kept assuring me that everything was fine they were just having a staff overhaul………

But my gut instinct said otherwise. My Nan and my Dad (who died when I was 7) were very wise and strong people. My Dad a grafter and my Nan was a fantastic judge of character and this whole situation suddenly smelt very, very fishy. They would have spotted it a mile away and if I didn’t have their qualities I wouldn’t have realised what was happening to me and maybe even lost more of my hard won money.

So yet another night when I couldn’t sleep (shock horror) I decided to put into our friendly neighbourhood company into Google

‘Quantum Web In Financial Trouble’

OMG IMAGINE MY BLOODY HORROR L

All this information started to come up about how in fact they had liquidated not only once but also twice leaving some people in financial ruin………….NEARLY ME AND WHY???????

The knock on effect this has had on my family. Getting so close to my dream of becoming something wholly self-sufficient and that my children would be so proud of… and then have it all snatched away.

When I went down to the quantum offices the next day, they were shut… odd for the middle of the week. A few days later my husband also paid them a visit, and the offices were still shut and empty of all staff. After numerous failed emails (they kept bouncing) Quantum eventually replied, and when questioned on the recent goings on they denied it was a shady way of doing things??????

I am still fighting for a copy of my site that I paid for, but instead of doing that or answering my they are hiding behind emails and filtering them. Funny thing was, when I got my brother to pose as a new customer, they answered the email within half an hour!

I really should have known that the whole thing was a con and these people are pros at what they do because a few months later I was watching a episode of hustle and they explained that before a big business deal is sealed you usually find the owner claiming he has just completed another big venture and its going to make him very rich……………………….WHY DIDN’T I SPOT THIS AS IT IS EXACTLY WHAT THE OWNER SAID TO ME

They day I first met Quantum’s team I met THE BOSS YOU KNOW ‘THE BOSS’ ;P The way they introduced him I nearly wet myself but people with power and all. That’s why if I make it I will never forget my roots.

So after a dramatic pause in waltzes ‘THE BOSS’ and pretty soon he was boasting about sealing a big deal and becoming a partner with the company that makes the on-board black boxes for commercial aeroplanes.

If I could turn back time, I would go and visit myself, walk right up to me and slap myself with the biggest fish I could find. WHAT THE HELL WAS I DOING???????

But because they had been used on the Dragons Den and there portfolio was amazing and I was sneaky I checked all the source code of the actual sites to double check it was their work……..How could it go wrong.

Well it did they liquidated because ‘THE BOSS’ LMAO didn’t pay £700.000 in tax so he was forced onto liquidation by the HMRC.

But hey it’s ok they are doing something similar AGAIN but this time it’s not web design… it’s web hosting! so that’s obviously going to turn out fine, isn’t it 😉
All of this has taught me two things…….. be careful of whom you do business with and trust no one completely………It’s business not a friendship.

And the best remedy for Hitting rock bottom is getting back up and starting again. Just like my son does if he can do it I can x x

So now you know my dream and some of the ins and outs of Genie. But how am I going to get there?
Well, several different organisations have looked at my idea and agreed it will work

All I have to do is find the funding again but in the form of a grant.

The help is out there, I just need to stay positive and by writing this blog and telling everyone what I am doing will hopefully help others if I am successful. Or they will at least learn not to trust Essex guys with fat belly’s and dodgy laughs (THE BOSS) lol

So tomorrow I have several numbers to contact regarding funding I will post these numbers up and rate how helpful they were to me and whether they may help you x