If a company could show me the ropes in successfully getting good ideas and projects funded with their investors with deep pockets and pay me extremely well , would you consider an investment under 10k for 6-7 figure profit potential every year starting the first year?
It would be like owning my own company with the benefit of experts in the business for over 30 years as my mentors. The clients would even call me so there would be no cold calling to get the business off the ground.
They will give me a very complete information about the company What else would you do before proceeding?
Do you think people will ever stop asking for funding?
Am I crazy or does this seem like a great career?
Thanks in advance for your well thought out answers.
2007-11-15
14:03:57
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7 answers
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asked by
Anonymous
in
Business & Finance
➔ Small Business
Everything is legal with enforceable contracts written with each party. I would receive a % as a fee for each successful transaction.
One single successful transaction can earn me a six figure fee and it is very possible to achieve multiple transactions per year.
The Risk seems to be with me and how well I can learn from people that have been successful in this area for over 30 years.
The senior partners would just split the fees they would normally make with people like myself,. They have a vested interest in our success. Does that make sense?
You are so right to be cautious when big numbers are used as possible incomes. People can call anything a scams but I can not find anything so far that seems to point that way in my research. Thanks for being extra cautious.
2007-11-15
15:22:40 ·
update #1
HEY RAY - TELL US MORE!!!! Lol....
2007-11-15 14:06:34
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answer #1
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answered by StayThirstyMyFriends 6
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The first fundamental concept of business is that customers buy value. They will have a price point that they will pay for that value.
The same concept will roll over in to the b2b type industries. If the concept is "easy" and promises a 6 figure income each year, I would be suspect. The reason is that the concept needs to have sustainability and differentiation to make it a viable long lasting idea. If the idea is easy to do then it will be easy to copy. If the idea is not really providing a solid value to it's customers or a loose concept of value then the idea will be difficult to sustain.
What ever you do, make sure you are creating real value for your customers and that the method by which you create the value is difficult to copy. This will give you a sustainable business that will be dificult to copy.
Anything that is advertiesed as Low Start up with the potential of Big Returns comes with the unwritten trait of being High Risk. It's the same for stocks. The higher the risk, the higher the potential for returns. But, as with any high risk investment you have an equally high risk of loosing.
Good Luck!
2007-11-15 14:59:53
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answer #2
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answered by sfuller94 3
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First lesson in business " Read the fine print", do the best credit check you can do on then, have them give you names of people right close to home. Check these out thoroughly. They claim to do all the work and for a paltry fee of 6 or 7 thou will show you the ropes. If it sounds too good to be true, it is't true. No one will let you sit back and reap the rewards. you never get something for little. Trust me!! At my age there have been many scams put into the works. This is one.
2007-11-15 14:16:23
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answer #3
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answered by googie 7
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If this were true, then how come nobody is on that program? And if everybody is on that program, then who is doing the work...I know what this is...Its one of those cookie cutter business scams...They teach you how to open a business...All you have to do is give them the money....After the business is opened, you do all the work...Not them...So, technically, you are not going to reap any 6 or 7 figure incomes.....It becomes what you make out of it...They just supply the business consulting ...FOR A FEE...So, thats what they do for a living,...consult....Because if thats how much you are going to get paid...why dont they just forget about helping you and become a dumb idiot trying to give 10k to reap 6 or 7 figure incomes? Total scam...Even I can show you the ropes on a successful business..just pay me and Ill tell you....But, if it becomes successful or not is not my problem....see where this is going? they dont care about you..they crack a book open and read from it...and thats it....you either reap profits, or you dig deeper.....deeper into your pocket that is...if its not successful are you going to throw it away? or are you going to dig deeper into your pockets to dish out more money to them? Or for advertising, costs, materials, etc etc....?
2007-11-15 14:23:41
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answer #4
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answered by Anonymous
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Ted, your contribution to this venture is far too great for such a small slice of the action. You need to negotiate hard and ruthlessly. If you suspect foul play then teach the squirrels Kung Fu so they can protect themselves and when Lil' Donng's business starts to decline, this is the time to strike for a better deal. As usual, my 10% consultancy fee will apply.
2016-05-23 08:38:04
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answer #5
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answered by marceline 3
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I do not think you are crazy. My team is looking for serious business minded people as well :) Good luck with all your endeavors. Peace, B
2007-11-16 01:13:29
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answer #6
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answered by Ame 2
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It all depends on how well you know your business partners.
2007-11-15 14:07:57
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answer #7
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answered by Elena C 1
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