2000-4000 BTC loan - Hookah Lounge - page 3.

dank

legendary

Activity: 1134

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You cannot kill love

Quote from: Rarity on September 11, 2012, 12:24:20 PM

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Your link was an article. Not a study, learn the difference, these are studies:

http://www.ncbi.nlm.nih.gov/pubmed/19442435
http://www.ncbi.nlm.nih.gov/pubmed/14570037

And this is cannabis curing cancer:
http://www.youtube.com/watch?v=tmviQBB5DHs
http://www.youtube.com/watch?v=0psJhQHk_GI

Learn to stop being illiterate. I said I linked about a study, not to a study. Your links to studies to do not back up your claims of a cancer cure nor do your video links to unscientific anecdotal stories.

If you seriously think people talking about a study has more validity than an actual study, get out of here. Stop being illiterate and read the studies.

BorderBits, I'm looking for an investor here, not my lawyer.

Quote from: Rarity on September 11, 2012, 12:24:20 PM

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I never argued tobacco is perfectly safe, your distorting my words excessively.

Quote from: dank

A lot of people smoke when they're stressed. A lot of people associate negative thinking with cigarettes. Negative thinking is what causes sickness, it's created in your mind. You can smoke cigarettes and as long as you don't let you're problems consume your life, you'll be fine. Life is what you believe after all.

This is a claim that tobacco is safe and that negative thinking is the cause of dangers falsely attributed to tobacco.

No, you can't just reverse what someone said like that. Tobacco is not safe, it's dangerous, but you will not get cancer from it if you have a strong soul, as you only become sick with a weak soul. It's that simple.

Rarity

full member

Activity: 182

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Look upon me, BitcoinTalk, for I...am...Rarity!

Quote

Your link was an article. Not a study, learn the difference, these are studies:

http://www.ncbi.nlm.nih.gov/pubmed/19442435
http://www.ncbi.nlm.nih.gov/pubmed/14570037

And this is cannabis curing cancer:
http://www.youtube.com/watch?v=tmviQBB5DHs
http://www.youtube.com/watch?v=0psJhQHk_GI

Learn to stop being illiterate. I said I linked about a study, not to a study. Your links to studies to do not back up your claims of a cancer cure nor do your video links to unscientific anecdotal stories.

Quote

I never argued tobacco is perfectly safe, your distorting my words excessively.

Quote from: dank

A lot of people smoke when they're stressed. A lot of people associate negative thinking with cigarettes. Negative thinking is what causes sickness, it's created in your mind. You can smoke cigarettes and as long as you don't let you're problems consume your life, you'll be fine. Life is what you believe after all.

This is a claim that tobacco is safe and that negative thinking is the cause of dangers falsely attributed to tobacco.

BorderBits

sr. member

Activity: 275

Merit: 250

Quote

Lawyers are legally obligated not to participate in such an activity.

No they aren't. You should really ask the attorney whom you know to be an investor. Besides, if he or she feels that there would be a conflict of interest, I'm sure the lawyer you know would be happy to take on an investor role and could bring in a colleague to handle legal issues.

dank

legendary

Activity: 1134

Merit: 1002

You cannot kill love

Quote from: Rarity on September 11, 2012, 12:09:49 PM

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I've shown several studies proving cannabis cures cancer

No, you have not. As I have pointed out you mistake some chemicals found in marijuana showing tumor shrinking properties in some studies with "curing cancer" even though the same chemical shows the opposite in other studies. Meanwhile, actually smoking the plant itself is linked to things like the increase in testicular cancer which the study I just linked about shows. You also argue that tobacco is perfectly safe so it's kind of pointless to even try and pretend you know literally anything about anything at this point though.

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Just because someone advocates truth over propaganda does not mean they use drugs.

Are you or are you not currently an illegal drug user? This is information investors should know.

Your link was an article. Not a study, learn the difference, these are studies:

http://www.ncbi.nlm.nih.gov/pubmed/19442435
http://www.ncbi.nlm.nih.gov/pubmed/14570037

And this is cannabis curing cancer:
http://www.youtube.com/watch?v=tmviQBB5DHs
http://www.youtube.com/watch?v=0psJhQHk_GI

I never argued tobacco is perfectly safe, your distorting my words excessively. It's, by far, the deadliest drug.

Regarding your last question, no.

Rarity

full member

Activity: 182

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Look upon me, BitcoinTalk, for I...am...Rarity!

Quote

I've shown several studies proving cannabis cures cancer

No, you have not. As I have pointed out you mistake some chemicals found in marijuana showing tumor shrinking properties in some studies with "curing cancer" even though the same chemical shows the opposite in other studies. Meanwhile, actually smoking the plant itself is linked to things like the increase in testicular cancer which the study I just linked about shows. You also argue that tobacco is perfectly safe so it's kind of pointless to even try and pretend you know literally anything about anything at this point though.

Quote

Just because someone advocates truth over propaganda does not mean they use drugs.

Are you or are you not currently an illegal drug user? This is information investors should know.

Quote

Lawyers are legally obligated not to participate in such an activity.

What? Maybe in some places, I don't know, but it's not that uncommon a practice. There are ethical concerns but it's generally allowed.

Generally you just need a lot of informed consent. For example, here is the North Carolina rule:

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(a) A lawyer shall not enter into a business transaction with a client or knowingly acquire an ownership, possessory, security or other pecuniary interest directly adverse to a client unless:

(1) the transaction and terms on which the lawyer acquires the interest are fair and reasonable to the client and are fully disclosed and transmitted in writing in a manner that can be reasonably understood by the client;

(2) the client is advised in writing of the desirability of seeking and is given a reasonable opportunity to seek the advice of independent legal counsel on the transaction; and

(3) the client gives informed consent, in a writing signed by the client, to the essential terms of the transaction and the lawyer’s role in the transaction, including whether the lawyer is representing the client in the transaction.

http://www.law.cornell.edu/ethics/nc/code/NC_CODE.HTM#Rule_1.7

dank

legendary

Activity: 1134

Merit: 1002

You cannot kill love

Quote from: BorderBits on September 11, 2012, 11:55:07 AM

If an attorney supports you and your plans fully, why not ask him to be your investor?

Lawyers are legally obligated not to participate in such an activity.

Quote from: Rarity on September 11, 2012, 11:56:59 AM

Quote from: dank on September 11, 2012, 11:51:16 AM

Quote from: Rarity on September 11, 2012, 11:36:39 AM

If we are to rely on his or her legal advice to judge the quality of this investment it would be nice to have more information. Your need for secrecy seems to be bordering on a level of paranoia which is unnecessary for a legitimate businessman such as yourself. I hope you are not planning this business while on dangerous drugs.

You aren't relying on his legal advice, you're not investing. It truly does not concern you who my lawyer is.

You are the one begging for a loan on a public forum. I'm simply telling you what the public will want to know.

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Once again, another article, completely unrelated to the thread, with no sources, no studies, no proof.

You can look up the study yourself, but nobody is going to take your conclusions more seriously than what the USC doctors have said. I hope your non-denial of current drug use does not suggest that you are still using.

Just because someone advocates truth over propaganda does not mean they use drugs. I've shown several studies proving cannabis cures cancer, now you're making an unsupported claim saying it causes testicular cancer. Burden of proof is on you. Make your own thread if you want to spread your propaganda, it's completely irrelevant from this.

grue

legendary

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Quote from: bitcoinbear on September 10, 2012, 08:22:23 PM

Why not get the loan from the Bank of Dank? Do they think it is too high risk?

lol

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: BorderBits on September 11, 2012, 11:55:07 AM

If an attorney supports you and your plans fully, why not ask him to be your investor?

Would that even work? It sounds as if dank is the attorney's investor already.

Rarity

full member

Activity: 182

Merit: 100

Look upon me, BitcoinTalk, for I...am...Rarity!

Quote from: dank on September 11, 2012, 11:51:16 AM

Quote from: Rarity on September 11, 2012, 11:36:39 AM

If we are to rely on his or her legal advice to judge the quality of this investment it would be nice to have more information. Your need for secrecy seems to be bordering on a level of paranoia which is unnecessary for a legitimate businessman such as yourself. I hope you are not planning this business while on dangerous drugs.

You aren't relying on his legal advice, you're not investing. It truly does not concern you who my lawyer is.

You are the one begging for a loan on a public forum. I'm simply telling you what the public will want to know.

Quote

Once again, another article, completely unrelated to the thread, with no sources, no studies, no proof.

You can look up the study yourself, but nobody is going to take your conclusions more seriously than what the USC doctors have said. I hope your non-denial of current drug use does not suggest that you are still using.

BorderBits

sr. member

Activity: 275

Merit: 250

If an attorney supports you and your plans fully, why not ask him to be your investor?

dank

legendary

Activity: 1134

Merit: 1002

You cannot kill love

Quote from: Rarity on September 11, 2012, 11:36:39 AM

If we are to rely on his or her legal advice to judge the quality of this investment it would be nice to have more information. Your need for secrecy seems to be bordering on a level of paranoia which is unnecessary for a legitimate businessman such as yourself. I hope you are not planning this business while on dangerous drugs.

You aren't relying on his legal advice, you're not investing. It truly does not concern you who my lawyer is.

Once again, another article, completely unrelated to the thread, with no sources, no studies, no proof.

Quote from: BorderBits on September 11, 2012, 11:38:51 AM

I'm sure an attorney will be happy to take your money. But, they'll also be really confused at the incoherent questions and the spreadsheets of made up numbers. Their legal advice will probably be along the lines of, "I'm not sure what you're asking", "I would advise against this idea", and "have you ever had a job?"

My attorney knows me quite well, he knows my plans in life and he supports me fully. I love how you can predict conversations that haven't happened.

BorderBits

sr. member

Activity: 275

Merit: 250

I'm sure an attorney will be happy to take your money. But, they'll also be really confused at the incoherent questions and the spreadsheets of made up numbers. Their legal advice will probably be along the lines of, "I'm not sure what you're asking", "I would advise against this idea", and "have you ever had a job?"

Rarity

full member

Activity: 182

Merit: 100

Look upon me, BitcoinTalk, for I...am...Rarity!

If we are to rely on his or her legal advice to judge the quality of this investment it would be nice to have more information. Your need for secrecy seems to be bordering on a level of paranoia which is unnecessary for a legitimate businessman such as yourself. I hope you are not planning this business while on dangerous drugs.

dank

legendary

Activity: 1134

Merit: 1002

You cannot kill love

Quote from: Rarity on September 11, 2012, 11:31:06 AM

Who is your attorney?

None of your business.

Rarity

full member

Activity: 182

Merit: 100

Look upon me, BitcoinTalk, for I...am...Rarity!

Who is your attorney?

dank

legendary

Activity: 1134

Merit: 1002

You cannot kill love

Quote from: Rarity on September 11, 2012, 12:36:48 AM

Quote from: dank on September 11, 2012, 12:28:48 AM

Quote from: Rarity on September 10, 2012, 11:57:41 PM

So what are the local regulations? Are you allowed to expand into food or beverages if you so desire or not? Is there any talk in your state of increasing regulations? Is a new smoking regulation why the other hookah lounge went to food service only?

Yes, we can serve food and drinks if we choose to.

What are the local regulations, specifically? Only ten states have no statewide smoking bans. Alabama, Alaska, Kentucky, Mississippi, Missouri, Oklahoma, South Carolina, Texas, West Virginia, and Wyoming. Are you in one of those states? If not, have you consulted a lawyer so as to double check your understanding of the law?

I already said in the OP I was going to talk with my attorney, later this week.

Quote from: heatstroke on September 11, 2012, 12:44:17 AM

Has anyone addressed that his business plan assumes $16k per month in profit, year round in a college town? Does no one go home for summer vacation in your area? You realize that bars and restaurants have busy seasons and off-seasons, right? Even within the week there's slow days.

Do you have a backup plan in case your made-up numbers are wrong? A contingency plan in case you're not making $16k like clockwork every month? Do you really think the other hookah bar in town would close if they were making such comical amounts of money?

You're also predicting 200% markups in an industry known for razor thin profit margins, an industry which you have zero experience in (and no desire to gain experience in until bitcoiners buy you a fully-operational business). You could spend the weekend getting stoned and watching Kitchen Nightmares and it would actually improve your business plan. Think about that.

Quote from: BorderBits on September 10, 2012, 08:45:36 PM

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Making up numbers? Would you like to review my spreadsheet and tell me what's made up about it?

Yes, I would. Post or PM a dropbox or google docs link.

Seconded. This should be good for a laugh.

Maybe freshman, at select schools, go home for parts of the year. I know some schools keep students year round. The backup, in case I don't make the modeled $13.6k/month profit, is that I can lose half my customer base and still profit. My numbers are averages, I really wouldn't be surprised if they're also underestimates. Again, the other hookah bar didn't close, the other hookah bar is a restaurant, and they stopped serving hookah, temporarily. Apparently, they're more focused on being a restaurant, as are their clients that come there to eat.

Regarding the 200% markups, where is your evidence of that? Headshops can easily turn a 200-400% profit on the right items.

Repentance, thank you for the links, yes I can get a license to distribute tobacco.

repentance

hero member

Activity: 868

Merit: 1000

Links to articles on starting a hookah lounge/bar.

http://smallbusiness.chron.com/open-hookah-lounge-regulations-23199.html

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Register with the federal Bureau of Alcohol, Tobacco, Firearms and Explosives if you intend to sell shisha or other tobacco products. The ATF makes forms available on its website.

If you're too young to get a liquor licence, are you old enough to get a licence to sell tobacco products?

http://smallbusiness.chron.com/start-hookah-bar-12606.html

http://smallbusiness.chron.com/start-hookah-lounge-business-13874.html

Sample business plan for hookah bar.

http://www.bplans.com/hookah_bar_business_plan/executive_summary_fc.php#.UE7Ut7Igeuk

http://www.bplans.com/hookah_bar_business_plan/financial_plan_fc.php#.UE7T_bIgeuk (financials)

Threads on another forum regarding starting hookah bars/lounges.

http://www.hookahpro.com/forum/showthread.php?t=10836

More stuff.

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Zoning laws vary, but most States will require special ventilation to circulate air or possibly insulation foam to protect other building tenants from second hand smoke. All lounges must follow health and safety regulations. Training is essential in the proper handling and care of hookahs. The communities will give these start-up businesses increased scrutiny because of second hand smoking issues. Expect to pay higher business insurance premiums because of the possible liability issues attached to smoking hookahs.

http://voices.yahoo.com/how-start-hookah-business-4807424.html?cat=3

heatstroke

newbie

Activity: 44

Merit: 0

Has anyone addressed that his business plan assumes $16k per month in profit, year round in a college town? Does no one go home for summer vacation in your area? You realize that bars and restaurants have busy seasons and off-seasons, right? Even within the week there's slow days.

Do you have a backup plan in case your made-up numbers are wrong? A contingency plan in case you're not making $16k like clockwork every month? Do you really think the other hookah bar in town would close if they were making such comical amounts of money?

You're also predicting 200% markups in an industry known for razor thin profit margins, an industry which you have zero experience in (and no desire to gain experience in until bitcoiners buy you a fully-operational business). You could spend the weekend getting stoned and watching Kitchen Nightmares and it would actually improve your business plan. Think about that.

Quote from: BorderBits on September 10, 2012, 08:45:36 PM

Quote

Making up numbers? Would you like to review my spreadsheet and tell me what's made up about it?

Yes, I would. Post or PM a dropbox or google docs link.

Seconded. This should be good for a laugh.

Rarity

full member

Activity: 182

Merit: 100

Look upon me, BitcoinTalk, for I...am...Rarity!

Quote from: dank on September 11, 2012, 12:28:48 AM

Quote from: Rarity on September 10, 2012, 11:57:41 PM

So what are the local regulations? Are you allowed to expand into food or beverages if you so desire or not? Is there any talk in your state of increasing regulations? Is a new smoking regulation why the other hookah lounge went to food service only?

Yes, we can serve food and drinks if we choose to.

What are the local regulations, specifically? Only ten states have no statewide smoking bans. Alabama, Alaska, Kentucky, Mississippi, Missouri, Oklahoma, South Carolina, Texas, West Virginia, and Wyoming. Are you in one of those states? If not, have you consulted a lawyer so as to double check your understanding of the law?

repentance

hero member

Activity: 868

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Quote from: dank on September 09, 2012, 11:56:35 AM

And it wouldn't be a necessary component to make this operation successful. I've already calculated that I can bring in $16,000 a month off hookah, alone. People can get their own drinks and still have a good time at the only hookah lounge in the city.

Besides, I'm not of age to obtain such a license.

Have you checked into whether your city/state requires you to have a liquor licence if you're going to allow people to bring their own alcohol and consume it on the premises? Have you checked how much it will cost you to comply with local regulations regarding food and beverage service? Have you checked into what commercial licences and insurances you will need in order to operate your business (it won't be "none") and their cost?

Have you checked into the health department requirements applying to providing hookahs for the use of your clients and factored in the cost of meeting those requirements (you're likely not going to be allowed to let a new customer use a hookah which has just been used by someone else without decontaminating it in some way and/or swapping out mouthpieces)? Are you even familiar with standard protocols for preventing the transmission of communicable diseases and their cost?

Topic: 2000-4000 BTC loan - Hookah Lounge - page 3. (Read 29051 times)