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01-25-2008, 02:44 PM
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#16 (permalink)
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Senior Member
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Quote:
Originally Posted by rogercbryan
You are not taking crazy pills. (lol) You are correct in what you are saying. If I could find a superior designer and a top notch marketer who could help me to invest my money in a site that is currently making a small amount of money yet has potential then I would invest.
I have a site that I’m looking to buy right now that has over 5000 members. It has outstanding traffic yet there are absolutely NO advertisements on the site. My plan is to buy the site and use my current designer to help make it look a little sharper and then find an online marketer who can set-up the advertising aspects. With the current traffic and the low cost of redevelopment I think I can recapture my initial investment in less than 90 days.
If that happens then I would continue to grow the income streams for a while until I felt like trying to put the site on the auction block. I think this is exactly what the original poster was talking about.
Am I on the same page? What am I missing…..
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You are not missing anything. That is exactly what the original poster had in mind. It is simply buying businesses, adding value and reselling. Not a new concept but can be quite rewarding.
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01-25-2008, 03:11 PM
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#17 (permalink)
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Location: ADVERTISE HERE! Contact me for more details
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Quote:
Originally Posted by 2gould
You are not missing anything. That is exactly what the original poster had in mind. It is simply buying businesses, adding value and reselling. Not a new concept but can be quite rewarding.
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I understand the idea, but it seems that the original poster is looking for others to invest money which he will then use to purchase other businesses, add value, and resell for a profit. My question is this - What experience or expertise does the original poster have in the field? Without this, why the hell would an investor go for it?
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01-25-2008, 03:33 PM
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#18 (permalink)
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Senior Member
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Quote:
Originally Posted by jmenq2
I understand the idea, but it seems that the original poster is looking for others to invest money which he will then use to purchase other businesses, add value, and resell for a profit. My question is this - What experience or expertise does the original poster have in the field? Without this, why the hell would an investor go for it?
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It is a good question. I have no idea what experience he has, and I agree, if he does not have any experience a savvy investor would steer clear. This is why I suggested he try to do a few deals on his own and build his experience/credibility before looking for outside investors. However, I don't know the original poster, and I have no idea what he will do.
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01-25-2008, 03:55 PM
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#19 (permalink)
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Member
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Hi,
From what I gather, the OP's idea is a cross between and Angel investor group, where investors are more or less autonomous and a VC group, where the managing partner makes the decisions.
It is a creative idea, but I think the OP is looking for some feedback on some barriers he/she may be facing. Surely raising money and then coordinating the investment process to reach consensus (it seems that each investor would not be obligated to invest, unlike a VC group where everyone is a member), are some major hurdles.
I do not think the idea is feasible, as presented, until the OP has the credentials and track record to raise money. Possibly a different approach, e.g seeking out good investments, and then presenting them to groups for investment for a fee or equity position, may work better, since initially raising money will be very difficult.
Hope this helps. It is a creative idea, however, it needs tweaking.
Rich
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01-25-2008, 06:03 PM
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#20 (permalink)
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YE Veteran
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jmenq2,
What you are saying about the founder not putting much, if any, money on the line does seem to be where he is going with this. However, Warren Buffett had only $100 of his own money invested in his portfolio, compared to the $100,000 invested by others at the start. So it is possible. The difference, though, would be that he had proven himself on a very small scale and had an education that backed up his track record.
Just a thought.
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01-25-2008, 06:12 PM
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#21 (permalink)
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Location: ADVERTISE HERE! Contact me for more details
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Quote:
Originally Posted by JLeezer
jmenq2,
What you are saying about the founder not putting much, if any, money on the line does seem to be where he is going with this. However, Warren Buffett had only $100 of his own money invested in his portfolio, compared to the $100,000 invested by others at the start. So it is possible. The difference, though, would be that he had proven himself on a very small scale and had an education that backed up his track record.
Just a thought.
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That's my point exactly. There is no indication that the original poster has any experience or education to support expertise in this area, and thus there is no compelling reason for an investor to invest in this idea.
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01-25-2008, 06:14 PM
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#22 (permalink)
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Junior Member
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Quote:
Originally Posted by JLeezer
jmenq2,
What you are saying about the founder not putting much, if any, money on the line does seem to be where he is going with this. However, Warren Buffett had only $100 of his own money invested in his portfolio, compared to the $100,000 invested by others at the start. So it is possible. The difference, though, would be that he had proven himself on a very small scale and had an education that backed up his track record.
Just a thought.
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Jonathan, I almost feel sorry for you, you sound like a broken record...no one seems to understand your point
Where in the world is the original poster?
~ Simon
Last edited by kiddoso; 01-25-2008 at 06:37 PM.
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01-25-2008, 09:26 PM
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#23 (permalink)
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Location: ADVERTISE HERE! Contact me for more details
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Doesn't bother me. Just surprised.
Quote:
Originally Posted by kiddoso
Jonathan, I almost feel sorry for you, you sound like a broken record...no one seems to understand your point
Where in the world is the original poster?
~ Simon
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01-28-2008, 10:27 PM
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#24 (permalink)
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Junior Member
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im getting more ideas in here on how to be a successful businesswoman someday...
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01-29-2008, 10:27 AM
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#25 (permalink)
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YE Veteran
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Jonathan I see your point…. Everyone has an idea.. but are not willing (or sometimes able) to put their own money up to get it going. What did ever happen to the original poster?
__________________
"Business is WAR - Take no prisoners - give no second chances" - The Hudsucker Proxy
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01-31-2008, 10:04 AM
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#26 (permalink)
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Junior Member
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I have experience in flipping websites for profit, you have to know what to look for when trying to add value to websites and reselling them. The best result I have got so far is a 300% ROI(return on investment). I dont want to go into much detail, but he will find it difficult to find undervalued websites to buy at a good price, mainly because of competition. As in my experience if there is a business, that is undervalued or has the basic fundamentals of a great business that has been tested in the market there will be a lot of competition for the purchase of the website.
If RLorenzan wants to contact me I could actually help him on giving advice, possibly a business partner on what to look for.
There are a whole host of problems, RLorenzan will face. You will have to do background checks on the individuals you purchase the website from as there are alot of rip off people out there, where is he going to sell it to get the maximum exposure and maximum value for the website.
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