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James

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  1. James replied to MarkM's topic in Startup Investments
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    A ready-to-use Excel template to help you project revenues, costs, overheads, and cashflow over a three-year period. This tool is ideal for startups building business plans, preparing for investors, or tracking long-term financial performance. Pre-set categories make it easy to input your own figures and see gross margin, EBITDA, and forecasts at a glance.
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    A powerful framework to map out your entire business model on a single page. The Business Model Canvas helps you define key partners, activities, resources, value propositions, customer relationships, channels, customer segments, cost structure, and revenue streams. Perfect for startup planning, strategy sessions, or pitching to investors.
    Free
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    A visual framework to help you understand your customers more deeply. The Empathy Map Canvas guides you through what your audience thinks, feels, sees, hears, says, and doesโ€”alongside their pains and gains. Use it to build stronger customer personas, design better products, and create value propositions that truly resonate.
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    A structured financial planning spreadsheet designed to support entrepreneurs through the Kingโ€™s Trust programme. This workbook includes tools for calculating your Personal Survival Budget, projecting costs and pricing, creating sales and cashflow forecasts, and breaking down funding requirements. Ideal for business planning, grant applications, or managing your startup finances with clarity and confidence.
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    A practical checklist from Strategyzer to help you design or evaluate your startupโ€™s value proposition. It highlights the ten key traits that make a value proposition strong, differentiated, and hard to copy. Use it to refine your offering, focus on real customer jobs and pains, and stand out from the competition.
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    This interactive template makes it easy to shape your startup story. By filling in a few simple blanks, youโ€™ll create a clear one-sentence pitch that explains what your company does, who it helps, and why itโ€™s unique. A great tool for workshops, brainstorming sessions, or preparing for investors.
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    A simple and fun worksheet to help you quickly define your startupโ€™s pitch. Fill in the blanks to clearly describe your company, offering, target audience, and unique advantage. Perfect for brainstorming, refining your elevator pitch, or sharing with your team.
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    This Business Plan Pack has been created to support entrepreneurs and founders within the Reed in Partnership network as they begin to shape, structure, and grow their ideas into sustainable businesses. Inside youโ€™ll find: Step-by-step guidance on how to build a business plan from scratch. Practical templates covering executive summaries, market research, sales forecasts, and funding requirements. Tips and examples tailored for startups at different stages of growth. Investor-ready structures to help you present your vision with clarity and confidence. This pack is designed to save you time, give you structure, and ensure you have the essential foundations in place to attract support, funding, and customers. ๐Ÿ’ก How to use it: Download the file, work through each section at your own pace, and adapt the templates to suit your business. You can then share your draft plan in the club discussions for feedback from mentors and peers.
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  2. Spot on Tim โ€“ I think a lot of founders underestimate how quickly they need to get that across. Youโ€™ve probably got about 30 seconds to convince an investor youโ€™re worth listening to, so clarity on your customer, problem, and edge is everything. And yes on the numbers โ€“ โ€œeducated guessโ€ wonโ€™t cut it when someoneโ€™s about to wire you money. Investors can smell fluff a mile away. ! Accepted your page request on linkedin :)
  3. Great post Charlotte โ€“ all of these are painfully true. Iโ€™ve seen so many founders burn through their early advantage because they try to do everything at once (or worse, do it all themselves). I think the big one that gets overlooked is how easy it is to think youโ€™ve validated your idea just because friends and family say they like it. Real validation comes when strangers are willing to part with their money. Also agree on scaling too soon โ€“ itโ€™s tempting when youโ€™ve had a good month, but without solid productโ€“market fit itโ€™s like building on sand. For me, the most underrated fix is networking early โ€“ having the right people in your corner can save you from half the mistakes on this list.
  4. Really solid post, Charlotte. This hits on something that doesnโ€™t get enough attention. The reality is, small-scale farmers are the backbone of global food production, but theyโ€™re often left out of the tech conversation. Satellite crop intelligence could genuinely change everything for them โ€” better yields, less waste, and more resilience to climate shocks. Couple of thoughts: โ€“ Thereโ€™s loads of open-source satellite data out there already. The real challenge is making it useful. Maybe itโ€™s less about inventing new tech and more about local partnerships to translate the data into action. โ€“ If we want it to scale, the tools need to work offline or via basic mobile. Not everyone has 4G in the middle of their fields. โ€“ Crop intelligence co-ops is such a strong idea. Could imagine local groups clubbing together to pay for insights and using that to make collective decisions. Definitely something a founder could test on a small scale. โ€“ Thereโ€™s also a role here for insurers, lenders, even governments. If satellite data helps farmers reduce risk, shouldnโ€™t they get better access to finance too? This is the kind of thing that could spark real innovation on Startup Networks โ€” worth getting a few of the agri-tech minds here involved.
  5. James replied to MarkM's topic in Startup Investments
    Yeah, loads of people still do it โ€“ but youโ€™re right, itโ€™s busy and you can disappear fast if you just put a page up and hope for the best. With crowdfunding itโ€™s all about a bit of guerilla marketingโ€ฆ being bold, being different, and getting creative so people remember you. The ones that stand out are usually the ones doing something unexpected โ€“ whether thatโ€™s wild social media stunts, cheeky videos, or finding fun ways to get people talking. GoFundMe is just the platformโ€ฆ the real work is getting eyeballs on it.
  6. For most of Bitcoinโ€™s history, mining has been the domain of deepโ€‘pocketed individuals, specialist companies, and tech hobbyists willing to take on significant operational challenges. To be a miner, youโ€™d need: Highโ€‘powered ASIC hardware โ€“ Purposeโ€‘built machines costing thousands of pounds each. Access to ultraโ€‘cheap electricity โ€“ Without it, the power bill alone can eat any profit. Technical expertise โ€“ Setting up, maintaining, and optimising mining rigs is not beginnerโ€‘friendly. Dedicated space โ€“ Mining hardware is loud, generates heat, and needs proper ventilation. Ongoing maintenance โ€“ Machines need constant monitoring, troubleshooting, and sometimes expensive repairs. For entrepreneurs and startup founders, these barriers meant Bitcoin mining wasnโ€™t just a side project โ€” it was an entirely separate business requiring capital, infrastructure, and a steep learning curve. That kept most innovators on the sidelines, even if they were deeply interested in blockchain and digital assets. Tokenised Bitcoin mining changes this dynamic completely. Instead of buying and running physical mining rigs yourself, the mining power โ€” known as hashrate โ€” is converted into a digital asset that you can own, trade, and upgrade just like any other online investment. Platforms like GoMining have taken this model to the next level. They operate largeโ€‘scale industrial mining farms with thousands of ASIC miners running 24/7 in optimised conditions. These farms are built in locations with lowโ€‘cost, reliable electricity, advanced cooling, and professional maintenance teams. Hereโ€™s the breakthrough: GoMining takes the realโ€‘world hashrate from these farms and tokenises it into Digital Miner NFTs. Each NFT represents a specific amount of mining power โ€” for example, 2โ€ฏTH, 50โ€ฏTH, or 500โ€ฏTH โ€” and itโ€™s backed by physical machines already running in their facilities. When you own one of these NFTs, youโ€™re essentially buying a piece of a professionallyโ€‘operated Bitcoin mining operation. You donโ€™t have to: Buy expensive equipment. Pay for electricity separately. Deal with heat, noise, or space requirements. Fix machines when they fail. Instead, you simply hold your Digital Miner in your GoMining account, and it produces Bitcoin for you every single day, based on the hashrate you own and the efficiency rating of the miner it represents. This approach does something revolutionary for startup founders and entrepreneurs: it removes the heavy capital investment and operational complexity that once kept mining out of reach. No longer is mining the exclusive game of large corporations or crypto veterans. With tokenised mining, you can start with as little as $50 โ€” an amount that would be laughably insufficient in the traditional mining world โ€” and immediately have a stake in an industrialโ€‘scale operation. For entrepreneurs, that shift is as significant as the way cloud computing lowered the barrier to entry for tech startups. Just as you no longer need to build your own data centre to launch a software company, you no longer need to build your own mining farm to become a Bitcoin miner. And just like cloud services allowed startups to scale computing resources up and down on demand, tokenised mining lets you increase or decrease your mining power as your budget and strategy evolve. Why This Matters for EntrepreneursLowering the barrier to Bitcoin mining isnโ€™t just about making it easier for individuals to participate. For startup founders, it opens up entirely new ways to diversify revenue streams, experiment with blockchain technology, and build handsโ€‘on crypto experience without diverting huge amounts of capital away from their core business. In practice, this means: Passive income potential โ€“ Your mining NFTs generate Bitcoin payouts daily, even while youโ€™re focused on growing your main venture. Lowโ€‘risk experimentation โ€“ You can start with a small allocation to understand the mechanics before scaling up. Handsโ€‘on blockchain familiarity โ€“ Mining offers a frontโ€‘row seat to how transactions are processed and how Bitcoin economics actually work. Just like early cloud computing allowed small teams to compete with established tech giants, tokenised mining allows lean startups to join the Bitcoin economy on their own terms. How Tokenised Bitcoin Mining Works in PracticeFor startup founders and entrepreneurs, the real value in tokenised Bitcoin mining is that you can go from zero to earning BTC in just a few steps โ€” without touching a single piece of hardware. Hereโ€™s exactly how the process works with a platform like GoMining: 1. Create Your AccountGetting started with GoMining is intentionally simple โ€” itโ€™s designed so that someone who has never mined Bitcoin before can still be up and running in minutes. You donโ€™t need to be a blockchain developer or a mining expert to get started. Youโ€™ll begin by visiting GoMiningโ€™s website and selecting the signโ€‘up option. From there: Enter your details โ€“ This includes your name, email address, and a secure password. Verify your email โ€“ Youโ€™ll receive a confirmation link; click it to activate your account. Secure your account โ€“ Itโ€™s strongly recommended to enable twoโ€‘factor authentication (2FA) at this stage to protect your assets. Because GoMining is a legitimate, regulated operation, you may also need to complete a KYC (Know Your Customer) process. This is common for financial and investment platforms and involves: Uploading a photo of your governmentโ€‘issued ID. Taking a quick selfie for identity verification. Providing proof of address if requested. Once your account is verified, youโ€™ll have full access to the GoMining dashboard โ€” your central hub for viewing miners, monitoring earnings, upgrading capacity, and withdrawing your Bitcoin. The signโ€‘up process is deliberately streamlined to remove the technical barriers most people associate with mining. Youโ€™re not configuring machines, installing specialised software, or setting up complex wallets โ€” GoMining takes care of all that behind the scenes so you can focus on choosing your miners and watching them earn. 2. Claim Your Free Starter MinerOne of the smartest things GoMining does to lower the barrier for newcomers is give every new user a free 1/16th Digital Miner when they join. This isnโ€™t a demo, a simulator, or โ€œfakeโ€ mining โ€” itโ€™s a slice of realโ€‘world hashpower operating in one of GoMiningโ€™s industrial Bitcoin mining facilities. From the moment itโ€™s activated, it starts generating genuine BTC rewards for you. The 1/16th miner represents a fraction of a full minerโ€™s hashrate. On its own, it wonโ€™t make you rich โ€” but thatโ€™s not the point. Its purpose is to let you: See how Bitcoin mining payouts work in real time. Understand how hashrate and efficiency translate into earnings. Get familiar with the GoMining dashboard and statistics before spending a penny. Your free miner runs for a set period โ€” long enough for you to watch several daysโ€™ worth of payouts roll in. This means you get handsโ€‘on experience with the exact process paying customers use, without taking any financial risk. Itโ€™s also your first introduction to how passive mining income feels. You log in, check your minerโ€™s performance, see your BTC balance increase, and realise youโ€™re now a participant in the Bitcoin network โ€” all without having bought a single ASIC machine. This free miner is more than just a tryโ€‘beforeโ€‘youโ€‘buy offer. Itโ€™s your noโ€‘risk onboarding into an asset class that most people thought was out of reach. It gives you the confidence to explore mining seriously because youโ€™ve already seen it working for you. Once youโ€™ve claimed it, you can move on to the next step: extending its lifespan for free by completing simple inโ€‘app tasks โ€” which Iโ€™ll expand on in the following section. 3. Extend It for FreeYour free 1/16th Digital Miner runs for a set amount of time when you first sign up โ€” usually just long enough for you to see your first BTC payouts. But GoMining doesnโ€™t stop there. They give you the option to keep that miner running longer without spending a penny, simply by completing a few straightforward inโ€‘app tasks. These arenโ€™t gimmicks. Theyโ€™re designed to help you: Learn the basics of Bitcoin mining so you understand whatโ€™s happening behind the scenes. Engage with the platform so you become confident navigating it. Get more days of mining for free so you can keep earning without committing funds yet. Some examples of these tasks include: Educational modules โ€“ Short, easyโ€‘toโ€‘digest lessons about how Bitcoin mining works, what hashrate is, and how the network operates. Social engagement โ€“ Following GoMiningโ€™s official channels on platforms like X (Twitter), Telegram, or Discord to stay updated on market news and platform improvements. Profile completion โ€“ Adding a profile picture, verifying your email, or enabling twoโ€‘factor authentication. Exploration actions โ€“ Visiting specific sections of the GoMining dashboard or learning how to view your minerโ€™s stats. Each task you complete adds extra days to your free minerโ€™s lifespan. This creates a loop where the more you interact with the platform, the more time you keep your miner running โ€” and the more BTC you accumulate without ever opening your wallet. This step is important for two reasons: It removes all financial pressure while youโ€™re learning. Youโ€™re gaining real experience and real BTC, but you havenโ€™t made a financial commitment yet. It helps you build the confidence and knowledge you need to decide if you want to scale up your mining power later. By the time your extended free period ends, youโ€™ll have seen multiple days of payouts, explored your minerโ€™s performance stats, and gained a clear picture of what increasing your hashrate could mean for your earnings. At that point, youโ€™re ready for the next stage โ€” deciding on your first investment in a paid Digital Miner. 4. Decide on Your First InvestmentBy the time youโ€™ve run your free 1/16th Digital Miner and extended its life with inโ€‘app tasks, youโ€™ll have seen real BTC trickle into your GoMining account. At this point, youโ€™ll be in a much stronger position to decide if you want to invest in more mining power โ€” and how much. The beauty of tokenised mining is that you donโ€™t need to spend thousands to get started. On GoMining, you can begin with as little as $50, which gets you roughly 2โ€ฏTH (terahash) of mining power. What is TH and why does it matter?TH (terahash) is a unit of computing power used in Bitcoin mining. The higher your TH, the more calculations your miner can perform per second. More calculations = more chances to โ€œwinโ€ BTC rewards from the network. Think of TH as the horsepower of your miner. Just as a stronger engine gets a car up to speed faster, higher TH lets your miner process more Bitcoin transactions and earn rewards faster. Choosing Your EfficiencyWhen selecting a miner, youโ€™ll also see a measurement in W/TH (watts per terahash). This reflects how much electricity the miner uses for each unit of computing power. Lower numbers mean better efficiency and lower running costs. Since GoMining handles the electricity bill for you, efficiency mainly affects your maintenance fees. Finding Your Starting PointIf youโ€™re a cautious beginner: Start with a small miner (e.g., 2โ€ฏTH for $50). Watch how it performs daily. Use this as a baseline to understand your earnings potential. If youโ€™re ready to scale a little faster: Consider starting in the 10โ€“20โ€ฏTH range to see more noticeable BTC payouts. You can always increase TH later without replacing your existing miner. My ExampleI started with the free miner, extended it, and then gradually scaled up. Today, Iโ€™m running 73.31โ€ฏTH at 16.57โ€ฏW/TH. Over the last 7 days, that setup has earned me: 0.00022333โ€ฏBTC (~$25.36) 576.55โ€ฏGMT tokens (~$275.30) This is all without running a single machine in my home, paying electricity bills, or dealing with technical issues. The system is entirely handsโ€‘off, but I still have full transparency into my minerโ€™s performance through the GoMining dashboard. The key takeaway for startup founders is that you can start small, gather real performance data, and then decide how to scale based on actual results โ€” not just projections. Once youโ€™ve chosen your starting miner, the next step is where the real fun begins: watching your BTC accumulate daily. 5. Watch Your BTC Accumulate DailyOnce your Digital Miner is activated, it immediately starts doing the heavy lifting โ€” performing trillions of calculations every second in GoMiningโ€™s industrial mining facilities. Every 24 hours, the rewards from that work are calculated and credited to your account. This is where the process shifts from โ€œsetโ€‘up modeโ€ to โ€œearning mode.โ€ You donโ€™t need to monitor the miner every minute or tweak complicated settings. Instead, you simply log into your GoMining dashboard and watch your BTC balance grow. Daily PayoutsGoMining calculates your share of the Bitcoin mined based on: The hashrate of your miner (TH). The efficiency of your miner (W/TH). The network difficulty (which changes roughly every two weeks). The current Bitcoin block reward and transaction fees. Because your payout is tied to your minerโ€™s hashrate, youโ€™ll see consistent, predictable BTC deposits each day. These arenโ€™t estimates โ€” theyโ€™re real amounts you can withdraw to your personal Bitcoin wallet at any time. Dual EarningsOne of the unique parts of GoMining is that you donโ€™t just earn Bitcoin. You also earn GMT tokens โ€” the platformโ€™s own utility token. BTC is your primary mining reward, the same as if you ran your own rig. GMT tokens can be sold, traded, or used to reduce your minerโ€™s maintenance fees, increasing your net BTC earnings. This dualโ€‘earning model means you have two separate streams of potential value from the same miner. Transparent Tracking ToolsYour GoMining dashboard gives you a clear view of your mining activity, including: Daily BTC earnings โ€“ See exactly how much you made today, yesterday, and over any given period. GMT token earnings โ€“ Track your secondary token income alongside your BTC. Miner performance โ€“ Monitor your hashrate and efficiency in real time. Maintenance costs โ€“ See your daily fees and how efficiency upgrades could reduce them. My ExampleWith my current setup โ€” 73.31โ€ฏTH at 16.57โ€ฏW/TH โ€” Iโ€™ve earned over the last 7 days: 0.00022333โ€ฏBTC (~$25.36) 576.55โ€ฏGMT tokens (~$275.30) This is fully automated. I donโ€™t have to restart miners, replace parts, or worry about power outages โ€” all of that is handled by GoMiningโ€™s operations team. Watching your BTC accumulate daily is where you start to feel the real power of tokenised mining: youโ€™re earning from a highโ€‘tech industrial process without ever leaving your desk. And once you see that balance ticking up each day, the next step naturally follows โ€” deciding whether to upgrade your miner to boost your daily earnings. 6. Upgrade or Scale Over TimeOne of the biggest advantages of tokenised Bitcoin mining โ€” especially for startup founders and entrepreneurs โ€” is the flexibility to scale at your own pace. Youโ€™re not locked into a massive upfront purchase or longโ€‘term hosting contract. Instead, you can gradually increase your mining power as your budget and confidence grow. Start Small, Learn, Then ExpandMany GoMining users begin with a modest allocation โ€” sometimes as little as 2โ€ฏTH for $50 โ€” just to see how the system works. Once theyโ€™ve tracked earnings for a few weeks and understood how hashrate translates into daily BTC payouts, they often choose to upgrade. This โ€œtest first, invest more laterโ€ approach is ideal for founders, because it means: No huge upfront risk โ€“ Youโ€™re not sinking thousands into a single decision. Realโ€‘world learning โ€“ Your scaling decisions are based on your own payout history, not just projections. Capital flexibility โ€“ You can reinvest profits from your business or mining earnings when it makes sense. Two Ways to ScaleIncrease Hashrate โ€“ Adding more TH directly boosts your daily BTC rewards. For example, doubling your hashrate from 10โ€ฏTH to 20โ€ฏTH roughly doubles your BTC earnings (assuming network difficulty stays the same). Upgrade Efficiency โ€“ Choosing miners with better W/TH ratings lowers your maintenance fees, increasing your net BTC income without necessarily adding more TH. Why Incremental Scaling WorksWith physical mining rigs, scaling is messy โ€” you have to buy and install more machines, pay for extra power capacity, and deal with more maintenance. In GoMining, scaling is as easy as: Selecting a miner in your account. Choosing to increase its TH or efficiency. Confirming the purchase. The upgrades take effect immediately, and your payouts adjust from the next mining cycle. My Scaling JourneyI started with GoMiningโ€™s free 1/16th miner, extended it with inโ€‘app tasks, and then invested in a modest paid miner to test the waters. Over time, I scaled up to 73.31โ€ฏTH at 16.57โ€ฏW/TH. That upgrade journey means I now earn, in the last 7 days alone: 0.00022333โ€ฏBTC (~$25.36) 576.55โ€ฏGMT tokens (~$275.30) Scaling gradually let me grow my mining income without ever taking on a highโ€‘risk lumpโ€‘sum investment. Why This Matters for FoundersThis stepโ€‘byโ€‘step scaling approach mirrors the way startups often grow: test an idea, gather data, iterate, and scale when it makes sense. It allows you to treat mining as a strategic, lowโ€‘risk addition to your income portfolio โ€” not an allโ€‘orโ€‘nothing gamble. Once your miner is delivering the level of daily earnings you want, the final decision becomes simple: Do you withdraw your BTC, or reinvest it for compounding growth? 7. Withdraw or ReinvestOnce your Digital Miner is up and running, youโ€™ll start seeing daily BTC payouts in your GoMining account. At this point, you have a choice to make โ€” one that will shape how your mining journey develops over time: Withdraw your earnings for immediate use Reinvest your earnings to grow your mining power Both approaches have their place, and for many entrepreneurs, the best strategy is a blend of both. Option 1: Withdraw Your EarningsIf your goal is to create an additional income stream you can tap regularly, withdrawing your BTC is straightforward: Log into your GoMining dashboard Select your Bitcoin balance Choose โ€œWithdrawโ€ and enter your wallet address Confirm the transaction Within minutes to hours, your BTC will arrive in your personal Bitcoin wallet, where you can hold it, spend it, or exchange it for another currency. For startup founders, this approach means you can: Convert BTC into cash to support your business. Treat mining as a supplementary income source alongside your main venture. Build a BTC reserve you can use as part of your companyโ€™s treasury strategy. Option 2: Reinvest Your EarningsReinvesting your BTC (or converting it into GMT tokens to reduce fees) can accelerate your mining growth. Instead of pulling money out, you put it back into your miner to: Increase hashrate โ€“ Boost your daily BTC output. Improve efficiency โ€“ Lower your maintenance costs. Purchase additional miners โ€“ Diversify your mining portfolio. Over time, this creates a compounding effect โ€” your increased mining power earns more BTC, which you can then reinvest again, further accelerating growth. The Hybrid ApproachMany GoMining users (myself included) use a hybrid strategy: Withdraw part of the BTC earnings to realise tangible income. Reinvest the rest to grow mining power and longโ€‘term earning potential. For example, I scaled from GoMiningโ€™s free 1/16th miner to my current 73.31โ€ฏTH at 16.57โ€ฏW/TH partly through reinvestment. Over the last 7 days, that setup earned me: 0.00022333โ€ฏBTC (~$25.36) 576.55โ€ฏGMT tokens (~$275.30) Some of those earnings Iโ€™ve cashed out. Some Iโ€™ve put back into miner upgrades. This way, my income grows over time, but I still see immediate benefits from my mining activity. Why This Matters for FoundersStartups often balance shortโ€‘term liquidity with longโ€‘term asset growth. Tokenised mining gives you the flexibility to manage both on your own terms. Need extra cash? Withdraw. Want more future earnings? Reinvest. Itโ€™s a strategic choice you can adjust monthโ€‘toโ€‘month, just like you would with marketing budgets, hiring decisions, or R&D spend. With this step complete, youโ€™ve gone from a free starter miner to a fully scalable Bitcoin mining operation โ€” all without owning a single ASIC rig or paying a huge upfront cost. The final piece of the puzzle is understanding how startup founders can use tokenised mining strategically as part of their business and personal wealth plans.
  7. James replied to MarkM's topic in Introductions
    Gooood morning Amy! Hope you're having a good day! So the introduction forum is a collection of topics :) Introduce Yourself: Join the Startup Community If you click start new topic, it'll give you an interface where you can put a subject, message etc and it will create a thread like this one - where people can comment, like it/thank it/quote etc and get back to you :) Comments is for other peoples threads, like the comment you placed on this topic :) Hope that makes sense, love seeing new people on here!

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