Denver, Colorado, US
Denver, Colorado, US
Founded 2+ startups
About Michael Ferar
I am a serial entrepreneur who has started 19 businesses since college. Industries of experience include: media/advertising. entertainment, sports, technology, restaurant/hospitality real estate and publishing. I purchased two franchises and have successfully raised angel and private equity capital. My functional strengths are centered around strategic, sales, marketing and operations but I have a thorough knowledge of finance and M&A operations.
I am currently seeking a technology partner interested in trading equity for the development of our MVP software. The concept is a matching app that connects amateur sports leagues and referees. Uber for refs. I have completed a detailed scope of work and have over 100 leagues and 200 referees ready to use the system.
There are over 1 billion amateur sports games in the world each year requiring over 2 billion referee hours, our unit of revenue. Our service is free for leagues to use and takes a small commission from referee payments processed directly from our app to their bank account.
I am initially seeking a developer who can create the MVP in HTML5 in a mobile responsive environment and allow us to on board several key clients with revenue this fall. After completing this milestone, I have several investors interested in funding our next stage of operations to native apps, virtual reality training centers and referee merchandise sales.
Our five year business plan includes penetrating 5% of the global amateur sports market with a valuation of $300M and an exit plan of acquisition or IPO to a major sports industry supplier in 2023.
One's opinion of another is but a reflection of one's self - Rob Sigmon
National Sales Manager
April 1996 - January 2008
Hired, trained and motivate local and national radio sales teams to achieve advertising sales goals. Prospected and managed local market and national network radio, TV, print, digital and social media advertising accounts from direct and fortune 500 agency clients.
Wake Forest University
1989 - 1993
University of Colorado
2012 - 2016
2015 - 2016