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Hello, my name is Ben Tucker and I'm an LA-based internet entrepreneur with a degree in business marketing from San Diego State University. I plan to run a luxury social app I created, CKT Social™, on my laptop and charge $350 per month for a subscription. I plan to market the product heavily in Dubai because of the high-income target market there, but I will also target high-income people in the U.S. I want just enough cash to launch the service on my laptop so that I can stay profitable and not need a big investment. This could be anywhere from $20,000 to $100,000. I prefer to pay an investor back via royalties on the subscriptions. I think this high-quality, innovative service will profit very quickly with a small $20,000 to $100,000 investment that allows me to launch the service from my laptop and start making lots of cash immediately, and subsequently run on my own profits. Since I have 0 costs of goods sold, my margins will be impeccable, allowing me to run the app on its own profits. If I receive an investment, I will use the money to hire Goji Labs, a software company in Los Angeles, to develop the service to the point of launch. My goal is to hit $10 million in sales in my first year, and with a small investment of $20,000 to $100,000, I think I'll hit that goal. I don't have a team because I plan to use the investment money to hire LA-based Goji Labs, a co-founder for hire company to develop (code) the app to the point of launch. The app is already designed and complete. It just needs to be coded to life so that I can launch and start selling subscriptions, and that is what the investment money will be used for.
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