Message from @Neithon

Discord ID: 797209264564600873


2021-01-08 20:52:32 UTC  

are you fixing up real estate/properties? or flipping them?

2021-01-08 20:52:45 UTC  

are the small businesses willing to be sold to you? etc

2021-01-08 20:54:49 UTC  

i thought we could buy apartments (fixer uppers preferred ) and comercial real estate like gas stations, malls and stuff like that

2021-01-08 20:55:55 UTC  

and I'm hoping that small businesses would prefer to be bought by us rather than going bankrupt (covid / eternal lockdowns)

2021-01-08 20:58:11 UTC  

you have 10K, how many businesses could you buy?

2021-01-08 20:58:28 UTC  

you don't just buy businesses though. are you the one running them?

2021-01-08 20:59:22 UTC  

I was hoping that the current owners would like to manage the business

2021-01-08 20:59:52 UTC  

and yeah i only have 10 k but i was hoping to get investors to work with me

2021-01-08 21:01:25 UTC  

okay. so you buy over as in you're now the owner but the business owners still manage the business?

2021-01-08 21:01:47 UTC  

yeah

2021-01-08 21:01:51 UTC  

you can certainly pitch the ideas and see if people support it. i think small businesses that went under would appreciate it

2021-01-08 21:02:03 UTC  

hope so

2021-01-08 21:02:05 UTC  

you're owner as in you'll make all the executive decision?

2021-01-08 21:02:48 UTC  

for the business or for the Group?

2021-01-08 21:03:56 UTC  

for the business

2021-01-08 21:04:06 UTC  

i'm assuming you're the ceo of the group?

2021-01-08 21:04:16 UTC  

not sure

2021-01-08 21:04:29 UTC  

thought we might try the democratic approach

2021-01-08 21:04:40 UTC  

but that might be too chaotic

2021-01-08 21:04:49 UTC  

where investors vote?

2021-01-08 21:05:00 UTC  

yeah

2021-01-08 21:05:07 UTC  

that was my initial idea

2021-01-08 21:06:28 UTC  

wouldn't the investor(s) with most money influence you?

2021-01-08 21:06:50 UTC  

probably

2021-01-08 21:07:31 UTC  

depends whether i want to run it or we try voting on the important issues

2021-01-08 21:07:50 UTC  

well, you'll have to figure that out, first

2021-01-08 21:08:21 UTC  

because democratic/investor-voting system is fine but it's gonna be a bit complicated if your vision doesn't match the investor's

2021-01-08 21:08:35 UTC  

yeah i see that now

2021-01-08 21:08:42 UTC  

okay, so second part

2021-01-08 21:08:45 UTC  

the profit part

2021-01-08 21:08:45 UTC  

which system would you prefer?

2021-01-08 21:08:57 UTC  

are the businesses giving you a percentage of their profit?

2021-01-08 21:09:26 UTC  

i like to be the one in control, but different business, different needs. you'll have to be the one to decided

2021-01-08 21:09:51 UTC  

I think we're gonna take their profits and pay the employees / managers

2021-01-08 21:10:03 UTC  

kk

2021-01-08 21:10:28 UTC  

you're going to take all of their profits and be the one paying the employees?

2021-01-08 21:10:40 UTC  

I guess it depends whether we buy the business as a whole ore just part of it

2021-01-08 21:10:52 UTC  

that's the plan

2021-01-08 21:11:18 UTC  

probably giving the old owners/ new managers a percentage of the profits

2021-01-08 21:11:37 UTC  

people may not like it, especially the owners

2021-01-08 21:12:20 UTC  

especially if the profit goes for political campaigns