Message from @Neithon
Discord ID: 797209134423343105
^^^ so i want to talk about that specifically
you can invest and buy up real estate/businesses, but you aren't accounting for how specifically are you making profits
are you fixing up real estate/properties? or flipping them?
are the small businesses willing to be sold to you? etc
i thought we could buy apartments (fixer uppers preferred ) and comercial real estate like gas stations, malls and stuff like that
and I'm hoping that small businesses would prefer to be bought by us rather than going bankrupt (covid / eternal lockdowns)
you have 10K, how many businesses could you buy?
you don't just buy businesses though. are you the one running them?
I was hoping that the current owners would like to manage the business
and yeah i only have 10 k but i was hoping to get investors to work with me
okay. so you buy over as in you're now the owner but the business owners still manage the business?
yeah
you can certainly pitch the ideas and see if people support it. i think small businesses that went under would appreciate it
hope so
you're owner as in you'll make all the executive decision?
for the business or for the Group?
for the business
i'm assuming you're the ceo of the group?
not sure
but that might be too chaotic
where investors vote?
yeah
that was my initial idea
wouldn't the investor(s) with most money influence you?
probably
depends whether i want to run it or we try voting on the important issues
well, you'll have to figure that out, first
because democratic/investor-voting system is fine but it's gonna be a bit complicated if your vision doesn't match the investor's
yeah i see that now
okay, so second part
the profit part
which system would you prefer?
are the businesses giving you a percentage of their profit?
i like to be the one in control, but different business, different needs. you'll have to be the one to decided
I think we're gonna take their profits and pay the employees / managers
kk
you're going to take all of their profits and be the one paying the employees?
I guess it depends whether we buy the business as a whole ore just part of it
that's the plan