I have an investor - What to do? Spam me with professional suggestions
2014-02-20, 03:53 PM,
#1
Hey there Elites, I am asking for your professional help, so no "good luck, hope you'll earn a lot" replies please.

The thing is, in my country, in my city there's no one else I am aware of that knows IM the way I know it. A few weeks back a good friend of mine suggested me that I should meet his brother. This friend of mine roughly knows what I do for living and we both agree that scaling is the problem. If one can make $1 a day, multiply it with 1000 times and you make $1k a day. Simple as that.

Okay, so here's the thing; yesterday I met this guy, he's basically a businessman, running several businesses locally, but he and his partners are looking to open up new businesses overseas, like Egypt, India, whatever. It really depends what is needed to get the job done.

We were having this discussion about what I do and here it goes;
- I have the knowledge what to do
- He can provide the tools (human resources, IT stuff like laptops, office overseas, even under a legit company)

So yeah, these guys have the capital to purchase a few plane tickets to India so to speak and spend a week there to rent an office, recruit people and whatnot. You know, to get the ball rolling.

My struggle these days is that I do pretty much all the work. Researching, creating pages, promoting and so on. I'm still not sure what would be the job - let's say - those 10 of my people in India, if we go ahead and start this company/office.

What would you do if you had that opportunity? I mean, seriously guys, these are open minded people and they wanted to meet me (I didn't ask for any kind of support, they want me on board!). If I had a complete idea what to do I should just get to their office which is in here, downtown, and we'd be flying to India next week to get it done.

What would you do if you had 10-20 people overseas working for you 40 hours a week each?

I appreciate any input!

Thanks, Gedeon
Reply
2014-02-20, 04:00 PM,
#2
They are working for you? Or you are working for them.

Actually, I had this conversation with Professor who is an Senior Accountant in a Firm.
And I also into building businesses.

He said that having an investor to finance your business is Great..BUT if you don't control the majority of the capital to fund your business.

You are like a WORKER that is pretending to be a boss.

So, keep your mind straight.

What are you? a boss? or the worker?

If you want to be the boss, have your own MONEY and they should follow you.

If you will be worker, ANYTHING the CAPITALIST say, you follow.

Good luck.

P.S. I don't recommend that you get an investor if you don't have a money to put in it too.
Reply
2014-02-20, 04:05 PM,
#3
As I understand, you are in a position where some people with money are ready to invest without even knowing or understanding what they are investing into?
I would strongly suggest starting with a business plan. http://www.entrepreneur.com/businessplan/index.html
Reply
2014-02-20, 04:06 PM,
#4
(2014-02-20, 04:00 PM)ThinkableWeb Wrote: They are working for you? Or you are working for them.

Actually, I had this conversation with Professor who is an Senior Accountant in a Firm.
And I also into building businesses.

He said that having an investor to finance your business is Great..BUT if you don't control the majority of the capital to fund your business.

You are like a WORKER that is pretending to be a boss.

So, keep your mind straight.

What are you? a boss? or the worker?

If you want to be the boss, have your own MONEY and they should follow you.

If you will be worker, ANYTHING the CAPITALIST say, you follow.

Good luck.

P.S. I don't recommend that you get an investor if you don't have a money to put in it too.

Good point! The scenario here is that I am the average normal guy here in the city and they are the people with the capital. If we ever decide to launch a business like this I would design the firm in a way that the IT end would belong to me (no money, no service you get the idea).

Currently I don't really have the capital to do that, and it was just a conversation, no contracts and stuff like that. They are willing to lose money if it didn't work out well.

The worst thing can happen we end up with a business that's not profitable and we lose money. But at least we did try it. What I don't know what kind of job can these few ppl do for me overseas. Seriously, no idea. Uploading videos? Creating them? Building backlinks? I need a business plan here I assume.
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2014-02-20, 04:08 PM,
#5
(2014-02-20, 04:00 PM)ThinkableWeb Wrote: They are working for you? Or you are working for them.

Actually, I had this conversation with Professor who is an Senior Accountant in a Firm.
And I also into building businesses.

He said that having an investor to finance your business is Great..BUT if you don't control the majority of the capital to fund your business.

You are like a WORKER that is pretending to be a boss.

So, keep your mind straight.

What are you? a boss? or the worker?

If you want to be the boss, have your own MONEY and they should follow you.

If you will be worker, ANYTHING the CAPITALIST say, you follow.

Good luck.

P.S. I don't recommend that you get an investor if you don't have a money to put in it too.

Knowledge and experience is also an investment and sometimes more important than capital. The majority of startups start this way. It all depends how and on what terms you outline your contract.
Reply
2014-02-20, 04:10 PM,
(This post was last modified: 2014-02-20, 04:12 PM by IndeXer.)
#6
Let me know if you need any help in setting up an office in India. I can help you with the business plan, PM me your skype, we will talk over there.

btw, take a deep look at your contract and clauses. Don't let them fuck you over it.
Reply
2014-02-20, 04:15 PM,
(This post was last modified: 2014-02-20, 04:19 PM by Gedeon.)
#7
(2014-02-20, 04:05 PM)KCMM Wrote: As I understand, you are in a position where some people with money are ready to invest without even knowing or understanding what they are investing into?
I would strongly suggest starting with a business plan. /businessplan/index.html

Exactly. They just want to make money and they know I am struggling with volumes here but I am the one to them that knows what to do. Roughly.

(2014-02-20, 04:10 PM)IndeXer Wrote: Let me know if you need any help in setting up an office in India. I can help you with the business plan, PM me your skype, we will talk over there.

btw, take a deep look at your contract and clauses. Don't let them fuck you over it.

Thanks for your input man, if it ever happens I'll get in touch with you. But it's more like an idea for now. :)
Reply
2014-02-20, 04:24 PM,
#8
Yo long time not active in here :p
just logged in saw this thread and replying xD

Ontopic:

This thing happened with me too (only difference they are here in my place only xD )
so thing is they offered me everything like an office and somw workers under me,the resources and stuff and after that i started brainstorming.
1) Should i really show them what i do and reveal everything?
2) Am i a worker or a boss?
3) What if they get the method or process(ideas) and kick me out? (even after legal docs stuff - u never know these big guys)
4) The idea is good ,y don't i myself start it after earning some good money and establish my Own Business of IM and expand it.

Point- They can invest money and we can earn good But is it safe? hmm

two options:

Show them what you do and earn some profit or some money

Or

Work harder,earn some money (take my time) and slowly build my own business with my close friends in a way that i have full control over it.

Second one seems slow but i chose it and i was working for that this year and i am nearly starting my own small office with my buddies.I know what i m doing and thats the best without any hassles.

JUST MY POINT.
Maybe you got a real nice gentleman to get partnered or work with :) (in my case it wasn't :p - they also contacted me every week till last month - turned the offer down :p hehe)

Its all upto you what you should do but its just my personal thing that i have typed above :)

Good Luck broski!!
Reply
2014-02-20, 04:24 PM,
#9
Be very careful with what you agree on with this type of people and always make it in a signed form.

Worst case scenario: you set up a business, train staff etc, they tell you that they invested all the money and they don't need you anymore...
Reply
2014-02-20, 04:31 PM,
(This post was last modified: 2014-02-20, 04:36 PM by Gedeon.)
#10
I am also thinking about mastering PPC, like AdWords or BingAds. I haven't tried before, but I think if you have the capital there and the proper tools to determine what keywords are profitable I could personally manage a few hundred campaigns. I mean, it's a job and should take more than a few hours to mess around with CPA offers and keyword research. Afterall for a "payday loan" offer you can't really go with "car insurance" keywords but "payday load" and the like keywords.

This way the traffic is given even thoug it's paid but it can be profitable. I did some PPC back than, but I think the only thing I failed with it that I tried to drive clicks on low budget. In a world where PPC clicks costs 40-50 cents (more or less) you can burn $10-$20 in a blink. It's just way too low to determine if the keyword is profitable on the long run or not.

What I'm trying to say here is that it's not entirely necessary to jump in to an overseas business, it might be enough to open an offshore company somewhere to send the money to from CPA networks and pay some tax here and there, you know to keep it legit.

As long as it's money in there... you know. So imagine you find a good keyword combo that is profitable in a way. You decide to put $500 to that campaign, but you can't do more simply because you don't have money. You know that you could make a shitload of cash with that keyword but you can't afford to put $500. Now what if someone give you $5k to invest in that campaign. That CPA offer might dry up pretty soon, but milk that cow as long as you can. Right?

(2014-02-20, 04:24 PM)KCMM Wrote: Be very careful with what you agree on with this type of people and always make it in a signed form.

Worst case scenario: you set up a business, train staff etc, they tell you that they invested all the money and they don't need you anymore...

Sure, I know it. Don't worry fellas, I'm not that stupid to let that happen. Anyways, we are not talking about Microsoft sized companies here, it's a small one but big enough to put things in motion.

Not to mention this businessman is the brother of a friend of mine (a really good friend of mine) and I beleive that not every businessman is greedy.

There's a difference between good business and greedy business.
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