intricap llc business plan
TRANSCRIPT
Corporate Structure
Single Member LLC.
Incorporated in Nevada,
Utah, US
Certificate #
C20130820-1275
Why LLC ?
Its not Liability protection
for the founder.
Banks and visa issuing
consulates don’t accept
an unincorporated entity
as a legitimate business
Why single member ?
Creative Enterprises need speed, and space for seemingly illogical
decisions.
More than one controlling member can never agree on things with no reason.
But what about succession ?
There is truly no corporate succession for creative
enterprises.
Ask Apple.
Intricap has been designed to die before its founder
does.
So no lasting value !!
Not entirely true. Some of the businesses that
Intricap will create will live on.
Successful businesses
that attain corporate stability will be spun off to traditional corporate
structures.
Can you compete with multi-
member big corporations ?
Not only will Intricap compete, but it will outmaneuver them.
Intricap has what they
can never have in their structures. Speed, and
Creativity.
Ok Mr Know it all. What about corporate governance, risk
management, and board oversight ?
That is a weak point in this structure. One person
being at helm can screw up as well.
Risk Management is not its
immediate need, but Intricap will institute non-
conventional means like crowdsourced Risk
Controls. Its customers, & vigilantes on Internet will
be the guard keepers of Intricap.
So what are the known risks
1. Running foul of laws
in the countries that
Intricap will operate
in.
2. Not being able to
come up with
creative ideas.
Running foul of laws !!
1. Intricap will not tolerate unethical
behavior anywhere. 2. If something cannot
be talked about openly in Facebook, must not be done in
Intricap.
And not being able to come
with creative ideas ?
Creativity is at the core of Intricap.
There is no way this risk
can be mitigated.
If Intricap stops being creative, that is the end.
I see there are no Financial
Risks.
True. Intricap will not
take debts. It will never
outspend what it earned
in its previous quarter,
no matter what the
urgency. It will never run
out of cash.
But then what about big investments Intricap needs to
make ? Will not the competition kill you by out-investing you.
No capital intensive projects for Intricap. Not now. Not
ever. Over-investment is an enemy of creativity. If the idea
is creative, given a seed investment, it should catch
fire, and self sustain. If it does not happen that way, then the
idea is no good.
Given the financial structure, over a period of time, Intricap
will have a lot of cash. And that is a nightmare scenario
for Intricap.
So how do you plan to handle
super cash nightmare 20
years on ?
Pay extra-taxes to governments which
perform well. Give it away to universities around the
world. Give it to United Nations. Invest in Medical
Research.
In short, throw it away. Responsibly.
Ok Loud Talker. What
businesses you plan to create ?
Businesses enabled
through Internet, Mobile
and Technology
That’s a whole lot of bullshit
I know. I don’t have anything better to offer
right now. There is a lot of new collaboration possible,
and has not been even scratched presently.
Remember Internet is less than 25 years old.
So what !!!!!
Pick any field. Lets say Information Security. Just for sample. Lets
take IT Risk Assessments. All companies have to it.
Every year. There is a better way to do it.
Actually there is a better way to do everything.
And !!!
So the trick is, change the rules of the game. Using the power of technology
offer the same service in mass scalable mode. If it
can be done at a lower cost per unit, you have a
strategic advantage.
Ok, so its about mass
production.
Yes. If there is an
untapped area where
mass production can
deliver same or better
quality at lower per unit
cost, you have a case. IT
Risk Assessments in
Information Security is
one of those. That is
where Intricap will start.
And then !!!
And then, you have a
toehold in Information
Security. By the way did
you know Information
Security is one of the
only sectors that was not
touched by recession.
So Intricap is Information
Security company.
No it is not. It will never be. Information Security is the
place where Intricap will get its initial launch. The
future for Intricap will lie in other sectors like Media and mass collaboration.
Sectors which Intricap will invent.
Like ?
Like India-China
eCommerce logistics
project. In mid future,
Intricap will scout for
enabling eCommerce
infrastructure between
India and China, the two
largest populations of the
world.
Information Security and India-China logistics. Can’t
see a relationship.
That’s how Intricap been designed. It will take up projects. And projects may have no common
threads. By the way, there is also
Componentika, a 3D manufacturing project.
And what about core-
competency ?
Since when you started believing in management
hoaxes. Core competency is a tool invented for
incompetent. The core competency of Intricap is
Creativity, in all its expressions and forms.
OK, any word on your finances, revenues, profit projections,
market shares.
No idea about financial numbers today. Who on earth
has seen the future ? All that is known, Intricap will
be cash positive every quarter year after year.
It will never run out of cash.
Cash will never be a
constraint. Good ideas will be.
Gosh. I am excited. I want a job.
You cannot right NOW.
There are no jobs in
Intricap AT PRESENT. The
first project will executed
by the founder himself.
That is silly. Management is about hiring people, and
having teams.
I have a reason. The first project is very critical.
Too critical to be left with someone else. Team
building will have to wait. Once the first project becomes a cash cow, then the gates will be
opened.
What if the first project takes
too much time ?
I would prefer sound and safe Entrepreneurship over
doing it fast. Any day.
By the way did I tell you, lesser the number of
people, faster the execution. Can any one
beat a team of one. Wait and watch.
Ok, crazy man, can I invest ?
No. You cannot. The ideas
are too raw and untested
to be brought for third
party investments. The
only money to be invested
would be that of the
founder.
What !!! So you are saying no
investments ever.
No, I am not saying that. I will let third parties to
invest only when one of the project gains financial
stability. And the investment will be in that
project only. In seed stage, I will not have any external
investment.
So its about you then.
Did you know the origin of
word Intricap
INvest
TRIpathy
CAPital
Intellectual, not Financial.
Because that’s where all
my capital is.
INTRICAP, LLC
www.intricap.com
Managing Member: Rohit Tripathy
[email protected] Twitter @tripathyr
Facebook: My gmail address
Created on 31st August, 2013 At Monterrey, State of Nuevo Leon,
Mexico Great places trigger ideas. Thank you Mexico.