* Funding (1/2)
Early funding
- Investing rounds would be a good secondary boost but!
- I would ideally like to have a new soloist or a new group ready to train/make content. Investment is nothing without the bread and
butter of the company! Fluff content like practice videos, random twitch lives (ya heard that right imma use twitch instead of vlive), Most of this kind of content is to establish a base of real funding before our first debuted idols. We could even make our own youtube series doing a sort of
idol school slice of life kinda thing.
- Worst comes to worst, I'll take on a huge, low interest loan to generate a starting capitol.
- Budget cuts would start from myself, but also Budget cut investments are going to be on the list!
---- if the budget is trending tighter but not tight yet, there is things like installing motion sensor lights instead of normal switch type, water saving fixtures,
solar panels, etc. anything to squeeze a buck out of operating costs.
- The first thing I might cut from actual content production, however, is likely budgets for props of music videos, and new equipment acquisition.
---- Having worked a tech staff position for a highschool tells me that equipment, no matter how outdated, still can go toe to toe with modern stuff. (windows 2000 machine running win 10 without a hitch).
- A cheeky sort of funding is to buy a couple of vending machines and place them where they are allowed. Who doesn't want some idol keychains or idol branded water?(lmao) a squad of three could drive around and collect the money to be deposited at the bank haha.
- Once we have some good cashflow I would consider creating an investing department; hiring guys on to grow money via investment.
- We can also hire out production teams, rent out props and sets, sound stages, producer desks (provided consent with the pd, etc) and we will host tutor classes for dance and singing, granted the company is big enough and can handle it.
Late stage funding will be rather interesting.
- Each group/solo will have their own semi-autonomous department acting as a subsidiary. Investors can buy bonds or stock directly from each department, supporting that group/soloist only. Donation boxes will be done in this fashion as well, giving each group their own donation box. Merch sets are standard, specific to each group, etc.
- The main overarching company will retain all recording rights. All songs, videos and such that are made under the company is copyright to the company and we will collect royalty on that. Choreo, lyrics, melody, backing track etc, fall under composer rights and will be under the ownership of the idols. I want to give them an exit plan. (this bit is inspired by taylor swift lol)
- I would like to do survival shows as well! This is, hopefully, going to be a fixed version of the produce series. Its a really good show and it was a genuinely good thing. I would like to leverage a different strategy of implementing voting however.
---- Crypto( and I can already hear your eyes roll) will be central but not in the way that you think. Ultimately Crypto currency is based off of a decentralized verification. Mostly its used to track how much and where crypto is, but it can be co-opted to count and verify votes as well.
---- Corridor digital has this "greenlight" system that they use for viewers to greenlight ideas by pre-subscribing. I would like to do that but with crypto mining in a sense. A proposal website will be erected that shows all the applicants and their application videos. People will download an app on their computer or phone (hopefully computer) and RSVP to participate in voting with their first round of votes stored in their app; the vote for who participates.
---------The app works like the Folding @ Home program where you can opt to donate your computer's or phone's off-time or unused time to verify votes and then recieve crypto as a reward. When enough computing power has come online and no one is poised to start a 51% attack,
the show will start. Votes will be counted and the first round of crypto distributed to the miner/verifiers. Votes after that will be bought with crypto up to ten votes per day, as part of the ongoing popularity vote like how PD had it. (also one vote free per day)
---- Crypto can also be exchanged for merch and merch specific to a certain participant will have a percentage of the proceeds land in that participant's paycheck. (<< if participants weren't part of a company yet, they are considered temp workers and receive a living wage and a bonus dependent on their popularity and a smol other bonus decided by judges. Participants that were in the company already will have that bonus tacked onto their existing bonuses and participants from other companies will be directly cut a check.)
In this way, the company or any other entity cannot engage in vote rigging whatsoever and crypto can be used as a proper currency; used to buy merch or votes. (votes bought by crypto will actually have that much crypto deleted to prevent inflation) Crypto can be bought from the company for more votes according to a live exchange rate. Crypto cannot be sold for money but is transferrable between users.
(Likely this survival show will start by consisting mostly of independant participants and trainees from the idol school that the company runs. )
(One of the 6 idol group spots will be reserved for the outcome group of the survival show. )
The other thing is that the idol school.
- The idol school is a small privately run highschool that conforms to the education standards of a proper high school.
- It is a for profit school that charges tuition but (took this bit from the military) if the idol is assessed to be well on their way to being a proper idol and they don't want to pay tuition, a scholarship can be granted to waive tuition.
- Food and housing can be waived too, depending on just how well they are doing.
- Those who gain a spot onto the survival show will be switched on to a living wage plus a bonus but tuition remains for both education and idol training.
- Those who are hired on as trainees will have their idol training tuition automatically waived and are automatically reviewed if their education tuition can be waived as well, due to academic prowess. A living wage plus a bonus for 90% of earnings from content made under the company name will be given. the ten percent is because the company will set them up with a basic set of equipment to be a youtuber, livestreamer, etc.
- The school cafeteria will instead consist of something similar to a university cafe where there are multiple restaurants around where it can accept cash or can accept the school's food card based on a meal plan.
----There will be a normal cafeteria as well that only accepts the company food card
----Idols on a vountary diet can pick up curated meals at the cafeteria, charged automatically to the food card.