Funding shortage.

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Nuke

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So...my computer broke so my low-budget server is being used as a PC now.

This means I need a new server. This time, I'm going for a better one, so it'll be $2259.

It's an extremely good server. Thing is...my company only has $900 left, because dad went off spending my budget.

Any ideas on raising funding? I doubt I'll be able to get a loan, being 15 and all.
 
Chris Grigg said:
Being 15 and having a "company"?
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You can own a company from any age, just can't legally enter binding contracts until 18 :lol:

Try promotional work, would be a great idea to tell us what your (dad's) business sells/serves, would be easier to give you advice then 🙂
 
Mine, actually. Dad has too many mental problems to run a business. Legally, your parents can access your bank account if you're under 18, in my state. He spent it bailing out a failed investment he had...by investing in the exact same company, which has since gone down, making me lose 3/5 of that. But that's another thing entirely.

Oh, my business is a gaming company. We (My friend and I) produce free MMOs and sell private servers for our own games. These private servers are not dedicated, however. That's part of the plan, at least. The other part is running an advertising service for games, programs, and websites.

Well, its specs are 8- or 12- cores on two CPUs and 16 GB of RAM. Can I cut on that a little? Since it's a game host, I'd imagine it'd take up more RAM and CPU than just a webhost. (Website externally hosted.)
 
Well maybe you could try some fund raising on your business? Sell some adverts? With what he spent you can't get that back easily
 
You could try renting or leasing someone server as a temporary solution since renting is usually cheaper then buying things in the short term like a few month or a year.

Selling some of your stuff on eBay, Amazon Marketplace, Craigslists, and similar site can earn you some quick money.

Freelancing by writing articles for gaming websites, and making a deal with the webmaster for a certain amount of money can earn you some quick money as well.
 
froggyboy604 said:
You could try renting or leasing someone server as a temporary solution since renting is usually cheaper then buying things in the short term like a few month or a year.

Selling some of your stuff on eBay, Amazon Marketplace, Craigslists, and similar site can earn you some quick money.

Freelancing by writing articles for gaming websites, and making a deal with the webmaster for a certain amount of money can earn you some quick money as well.
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Good ideas. Not sure about the first one. The second looks very promising. The third looks like a maybe. All considered, however, my statement "Good ideas." still stands, though.

And GAF, that's sort of what this topic is about. 😛
 
Since you can create games, why don't you do some and sell them to other similar gaming companies?
 
Mainly because I don't want to sell games to competitors. I'll probably end up taking out a bit of a loan.
 
Nuke said:
Mine, actually. Dad has too many mental problems to run a business. Legally, your parents can access your bank account if you're under 18, in my state. He spent it bailing out a failed investment he had...by investing in the exact same company, which has since gone down, making me lose 3/5 of that. But that's another thing entirely.

Oh, my business is a gaming company. We (My friend and I) produce free MMOs and sell private servers for our own games. These private servers are not dedicated, however. That's part of the plan, at least. The other part is running an advertising service for games, programs, and websites.

Well, its specs are 8- or 12- cores on two CPUs and 16 GB of RAM. Can I cut on that a little? Since it's a game host, I'd imagine it'd take up more RAM and CPU than just a webhost. (Website externally hosted.)
Click to expand...
If you're hosting it at home, then your internet will probably bottleneck before your hardware (assuming it's not 100mbps or something). Maybe you can start with one or two four or eight core CPUs and eight to twelve gigs of RAM.
 
Nuke I'm pretty sure you contacted me about joining you on this actually, it was quite some time ago :lol:

Snobo is right though, you'll need to get a good dedi for the servers for a starter.
 
I actually agree with kavin here, You should make a few games and sell them on.
 
You can write and sell an E-book, or make tutorial videos to teach people how to make games for their websites, and charge them 10-50 dollars to buy the E-book or tutorial videos from you to learn how to make games on their own.
 
@Snobo: Yeah, I kind of figured my Internet speed would be the biggest hindrance. It's supposed to be 5 MB/s but it normally goes at 100 KB/s in reality. Used to go 4.9 MB/s until May.
@Jak: wat.
@GAF: Yeah maybe. But I'm probably going to rent the server first.

Alright, I demoted it to 8 GB of RAM with six cores on one CPU and then made the two hard drives have 500 GB of space. $1,901.00.

Oh, that's another good idea, Froggyboy.

Ehh...could probably take out a loan, pay about $42/month or so, and get it over with over time. I can afford that. Then again, I could have probably done the same for about $56/month.

I'll contact my ISP regarding an upgrade to my bandwidth and speed and see how that goes.
 
Nuke said:
@Snobo: Yeah, I kind of figured my Internet speed would be the biggest hindrance. It's supposed to be 5 MB/s but it normally goes at 100 KB/s in reality. Used to go 4.9 MB/s until May.
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Even if you invest in more expensive hardware, it probably won't help much since your internet speed will hold it back. If you get some more money in the budget, maybe you can pay to have it hosted at a datacenter.
 
Writing an e-book actually sounds like a great way to make money. Some e-books you can write are "How to set up your own private server", "How to start up your own company", or anything that you can do.
 
I think a lot teens would be interested in an e-book on "How to start up your own company as a teenager or young adult with very little money" since a lot teens might be interested in starting their own company as a hobby when they don't have loads of homework to do.

Mark Z. from Facebook and Sean Parker who was the founder of Napster and early investor in Facebook are a huge inspiration for young people who want to start their own company since they both proved that you can be successful in your early 20s at creating a online company.
 
Alright, I fixed my PC (Or really, it just fixed itself when I tried to turn it on today.). Now I can probably redirect the funding that would have gone to that server to an upgraded Internet connection.

Thanks guys 🙂

I'll try making an ebook and selling some old stuff for the Internet upgrade. Although, I'm still wondering how much I'll need. Hah.
 
Nuke said:
Alright, I fixed my PC (Or really, it just fixed itself when I tried to turn it on today.). Now I can probably redirect the funding that would have gone to that server to an upgraded Internet connection.

Thanks guys 🙂

I'll try making an ebook and selling some old stuff for the Internet upgrade. Although, I'm still wondering how much I'll need. Hah.
Click to expand...
Check the sites of all the ISPs near you. they should have plans for businesses. You'll want to look into those since they'll probably deliver higher speeds. 🙂
 
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