Dear Gogetfunding community,
This is not an emergency, so please help those in need more.
I'm not going to lie..this is not directly for charity.
I'm Lau Wei, let me begin me story,
I'm a 15-year-old student from Singapore and i'm in need of 1340 SGD to start a business. I started the world's first o2o platform powered by digital marketing that rewards everyone.
Well, you might ask why is my business unique?
Because I started Lau Foundation a non-profit implemented for
LauWholeSale so that 50% of the profit generated will go straight to
Lau foundation's fund goes to 3 sectors,
In LAU, L stands for loving humans - Child sponsorship organisation,
human rights NGOs. Etc,.
A, A stands for awareness of specific health risks - Lau Foundation
covers everything from supporting and treating the sick and disabled, working on cures for diseases, and promoting public awareness of specific health risks. Etc,.
U, U stands for university accessibilty - Lau Foundation serve students
from every age group, pre-school to graduate school and beyond. it also serves as an educational institution while focusing to make education more accessible and effective.
Well, what's my business plan?
I have gathered a team of 3 - Chief Operation Officer, Chief Marketing Officer and I.
The COO and I will be going door to door to sale our product - 10000
mAH power bank.
What makes my product so special that residents will buy?
1.We use environmental-friendly batteries, no mercury, lead or cadium.
2.In my supplier's factory there's 22 quality checks equipment and the
product has already reached an international advanced market. I
placed a sample order and the quality passed my inspection.
(Has been certified and verified by Bureau Veritas.)
3.We give out special online discount coupon $1 off, to EVERY customer that made a purchase with us on our door to door sales.
4.We rolled out a manual referral system (I dont have money to build a
fully-automated referral bot.) Referral system as in Affiliate program,
whereby every customer recommended to us will get a $1 cash transacted to them via PayPal.
So, in basic words, i'm building an automated "earning system", door-to-door sales is just to transfer customers to another platform - my online shop.
You might obviously ask, why am i making such a big fuss over a thousand and three.
Because, I have already tried my very very very best. I did everything, everything I possibly could.
I tried getting the 1300 by selling shares.. $100 each with a ROI of 20%.
No one trust me. Everyone gave me false hope.
I found an investor willing to put in 1 thousand... I sent him my official
business proposal and it goes like this,
Jun 10, 2019, 5:09 AM (8 days ago)
Dear (cancelled the name for obvious reasons)
This is LauWei, the PowerBank Wholesaler that has been talking to you the past weeks.
I have plans and visions to expand my business, and push my team to a greater height.
I noticed what's iconic about(His company) - it's the reward system people are going for, people love rewards. I copied it and rolled out my own online platform whereby my web members can shop and purchase online and get my power banks delivered to their preferred location - with an internet reward coupon. Let me show you my plans on how to publicize it. Using my methods, it don't cost a single cent for publicity, but in return I can get profit and get lots of potential customers.
My company will be doing Door-to-Door sales. Well, why will people buy from us?
Because, 50% of the profit goes to charity
Because, My product's battery is enviromental-friendly, no mercury, no cadium and no lead - Li-Polymer battery.
Because, Li-Po batt is good quality. 6 months warranty!
Because, We have Quality Test check equipment (22 machines)
Because, we have already reached an international advanced market with international test certification and have been certified and verified by Bureau Verita.
Also Because, We are selling the cheapest price for our value in Singapore.
The reward system is for customer who has already made the payment; a simple paper-written code coupon for my website - $1 off for the next purchase made on my website. This will definitely boost traffic and gain loyal customer as customers are looking at convenience - Free delivery and Quality.
Let me tell you what I would do if I have 1000 units of power banks with me. I will hire 10 employees with a quote in my head, "Take care of your employees and they will take care of business."
I will be giving each friend $17/hr* (- $5 per hour and $1.20 as commission per unit sold.) will be hiring them for 10 hours each = 100 units sold. 10 employees = 1000units + free brand advertising and gaining DOUBLE TO TRIPLE potential future customers. I mentioned above I will take care of my employees I mean it, I will be accompanying each and every single employee during the sales process and show them how it's done for the 10hrs, it's also to maintain the reputation of my brand and trust issues with the customers.
Now I'm not planning to start big.. I'm planning a "trial" sales to gather statistic and experience with my COO, we are starting at 200 units.
I'm going to be straight-forward, it will be a $1000 SGD investment, with an investment gain of $250 SGD within the investment period of 2 weeks (Time starts immediately once stock reaches Singapore.) ROI = 25% (80% invested 20% profit)
Well, it's the risk analysis now, as it's physical goods, it won't be much risk as we have no competitors and is currently the cheapest in Singapore. The risk is there's no risk of losing money..Just losing time..In worst case scenario, let's say no one wants to buy..
But I can promise you, by hook or by crook me and my amazing team will get the job done at very very most an extended period of 1 months. And I will settle it accordingly. :)
So, Mr (censored) this is what you will be getting with 1000 SGD = 250 Profit + additional 50 donated using Lau Foundation under your name + I will reciprocate your kindness, when I'm successful I will help those who needs help.
Hope to hear from you!
They replied saying they need a more official business proposal,
so i wrote this,
the below attached is the Official Business Proposal for LauWholeSale.
Paragraph One - Introduction
Project Name and the Cost for Investment.
What is LauWholeSale?
Lau Foundation Program (LFP)
Paragraph Two - How Will I sell it?
Choosing and appointing employees.
Special Reward system.
Paragraph Three - Return on Investment
Paragraph Four - Additional Note
Paragraph One - 1. Power Bank Door-to-Door marketing. Total cost for this investment: $1000 SGD.
2. LauWholeSale is an unique electronic wholesaler in Singapore; 50% of the profit goes to Lau Foundation Program (LFP) [Paragraph 1. - 3.], | we use environmental-friendly battery that contains no Mercury, Lead or Cadium. Li-polymer battery; Robust and Flexible, Low Profile and has a much lower chance of leaking electrolytes. Also, In LauWholeSale, safety and quality is our top priority and we always remember the next customer is our customer, that is why we implemented the 6 months warranty and customer care.
3. Lau Foundation Program (LFP) is an unique non-profit organisation which is generously sponsored by LauWholeSale. The L in Lau stands for Loving Humans, A for Awareness of specific health risk and U for University accessibility. [For reference please visit: www.lauwholesale.com/lau-foundation]. The profits generated that are meant for donation will go straight to Lau Foundation's reserve and will be splitted equally among the three Non-Governmental Organisations, as listed above.
4. As mentioned our product goes through 6 Quality test checks equipment - Battery Capacity Divider (1 unit), Load Tester (6 units) , Aging test Cabinet (5 units), Battery Internal Resistance Tester (2 units), Multimeter (4 units) and USB test Computer (4 units). Of course it comes with the 6 months warranty. There's currently four R&D CAPACITY Production Certifications certified and verified by Bureau Veritas. "Quality Manufacturing Is our System, Not Just A Slogan. Quality is a habit, Not an act."
Paragraph Two - 1. Employees is like the face and back-bone of our company. We will take strict measures in both recruiting and training. All the employees selected by the Chief Human Resource Officer will be re-selected again by myself - Lau Wei. In the company itself we value integrity deeply, any mistake that is linked with dishonesty, employee and employee's partner / friend will be booted out of the company permanently.
2. Currently, we are getting free advertising, which means we are not just selling, instead we are gathering customers to another join our "bigger" platform online.
[Paragraph 2. -3]
3. Special Reward System is a system rolled out by our company to generate more traffic to the online website in addition to which, it will benefit the customers.
using different types of promotion code on my website's check out page; the "different types" of promotion codes will be given out according to the amount of power banks purchased by the customer during my door-to-door sales trial.
For example,Customer A purchased 1 unit, I will then pass him a "fixed price discount ($1)".
Customer B Purchased 2 units, I will then pass him "VIP price discount ($2.50)."
Customer C chose to buy 5 units as a corporate gift, I will then pass him a "Buy 10 Get 1 free."
Those are rolled out to attract customers back to make future purchases with the company.
200 units if it's sold to 150 household = around 150 families.
150 families + good product = recommended to 300 (relatives + families)
300 (relatives + families) + Friends = 600 People.
But, well not everyone will like my product or go to my web to make additional purchases. So, 300 potential customers, finalized. (Just an example)
(My promotion code's specially designed and formatted in a way that my potential customers will feel a "Rush" to buy my product. My promotion code is permanent, it's forever, it will not disappear. My promotion code will be waiting for them to buy and buy and buy again.)
Paragraph Three - 1. Profit Calculation based off $300 SGD Profit *
Investment Gain = $300 SGD
ROI = 30% [ 77% invested, 23% profit ]
Investment Length = 0.10 years (1 months) [As per the deal, 2 weeks, time starts immediately once stock reaches Singapore.]
$300 SGD Profit* = 50 SGD goes to charity using Lau Foundation under your name.
2. Risk is for the stock markets. We are selling physical products, which means worst comes to worst, it will only be a delay in the investment length.
In basic words, no risk of losing money at all..Just losing time.
Paragraph Four - Additional Notes,
My mom was kind of impressed when I showed her my so-called mixed and match online shop template that she finally has agreed to help me to register my company under her name as sole-proprietorship. Will be registering latest by 21 June 2019 (Friday)
Email me at [email protected]
For more information, please visit - www.lauwholesale.com
And after that he gave me his whatsapp number, we chatted.
But he did not reply after that... a few days
And I saw him writing a LinkedIn post just an hour ago..
I'm not the type of person that would give up.
May you guys help me out? I promise this would be a charity
investment. I will help more people once i succeeded.
I need the funds by next week, the school holidays are ending..I need to advertise my brand.. so it can be an automated charity system after
Best best best regards,