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  1. #16
    David Rocci is offline Moderator
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    I like the way Spencer thinks..."money should follow the idea, not the other way around".

    The problem is that this guy with money may not have the passion, drive or wherewithal to know what to do with the money. Sometimes people like that are perfect for startup companies that don't want to give up too much control but need the money to ramp-up. It’s a win-win because the investor gets the passive, hands-off return on investment and the principles in the startup don’t give up too much control of their idea.

  2. #17
    def328 is offline Junior Member
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    Quote Originally Posted by usakos View Post
    put 20K in www.rentersq.com and we'll make you even richer in just under 18 months.

    Tell me how?

  3. #18
    pbradish's Avatar
    pbradish is offline YE Veteran
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    I started a successful business on as little as $3k - you should be fine with 10x that but there is absolutely no reason to spend anywere near $30k if you go the .com route. Start out small and grow steadily. Intercept has the right idea!

    My suggestion to you is to save your money and use only what you need. Put yourself on a strict budget right away and pay off any outstanding bills. Invest in your financial education asap and don't do anything rash.

    Having that amount of money on hand with little financial knowledge can be a very dangerous thing, be wise and methodical about this.

  4. #19
    chriswick's Avatar
    chriswick is offline Senior Member
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    Quote Originally Posted by SpencerB View Post
    Money should follow the idea, not the other way around.

    Forcing a business because you have the money is a venture bound to fail.

    With that said, put your money in a short term liquid investment, look for opportunities, do research, and be paitient.
    I agree with spencerB!
    Regards, Chris

  5. #20
    crud3w4re is offline Senior Member
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    Quote Originally Posted by tbeer22 View Post
    Let's just say I have 30 thousand dollars... what kind of business opportunities are out there? Don't know how to build web pages...
    We could use an investor to join the team on Anoniche, LLP. If you're interested in investing in us, we can get you setup as a member fairly quickly, where are you from? We're building a network of profitable websites / and we run various online based subsidiaries.

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