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Scottish Dave
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« Reply #735 on: December 30, 2009, 08:51:59 PM » |
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so if you prove yourself this season what are the chances strating next season with 50k and running up to 500k?
If I prove myself??? Ummmm about 0.1%. I wouldnt say its impossible but to increase a bank by ten fold is too much to ask for. From a 50k bank I would suggest a good target would be 200k. However I expect to start with more than £50k next season. Firstly, starting with 50K+ is just Incred!!! Secondly, i think he has more than proven himself after only half a season. |
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a.sparrow
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« Reply #736 on: December 30, 2009, 09:16:04 PM » |
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[/quote]
Secondly, i think he has more than proven himself after only half a season.
[/quote]
+1 and i've only been on here a week!
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Graham C
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« Reply #737 on: December 30, 2009, 09:53:48 PM » |
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so if you prove yourself this season what are the chances strating next season with 50k and running up to 500k?
If I prove myself??? Ummmm about 0.1%. I wouldnt say its impossible but to increase a bank by ten fold is too much to ask for. From a 50k bank I would suggest a good target would be 200k. However I expect to start with more than £50k next season. Firstly, starting with 50K+ is just Incred!!! Secondly, i think he has more than proven himself after only half a season. LOL I was thinking exactly that, for both |
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DaveShoelace
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« Reply #738 on: December 30, 2009, 10:20:26 PM » |
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Had any thoughts on what sort of premium you want next year Blatch? I'm pretty much in no matter what you say really.
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Blatch
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« Reply #739 on: December 30, 2009, 10:20:39 PM » |
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I seriously think I cold be starting next season with a bank of £70k or so. Looking at some of the investors I have now and the amounts I wouldnt be surprised if a few more found out through word of mouth and things really took off.
Ill still be taking a minimum amount of £10 next season thought as really like the idea of it being a forum thing and keeping a good thread going for us all.
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Blatch
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« Reply #741 on: December 30, 2009, 10:27:45 PM » |
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I seriously think I cold be starting next season with a bank of £70k or so. Looking at some of the investors I have now and the amounts I wouldnt be surprised if a few more found out through word of mouth and things really took off.
Ill still be taking a minimum amount of £10 next season thought as really like the idea of it being a forum thing and keeping a good thread going for us all.
What kind of percentage would you be taking next season? Yet to be decided or even thought about really. What would you think is fair? |
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ripple11
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« Reply #742 on: December 30, 2009, 10:30:21 PM » |
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I seriously think I cold be starting next season with a bank of £70k or so. Looking at some of the investors I have now and the amounts I wouldnt be surprised if a few more found out through word of mouth and things really took off.
Ill still be taking a minimum amount of £10 next season thought as really like the idea of it being a forum thing and keeping a good thread going for us all.
 Wow a tenner?....you could have thousands!!....admin nightmare? |
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Acidmouse
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« Reply #743 on: December 30, 2009, 10:31:00 PM » |
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£100 min i say, i would go for that.
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DaveShoelace
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« Reply #744 on: December 30, 2009, 10:32:07 PM » |
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I seriously think I cold be starting next season with a bank of £70k or so. Looking at some of the investors I have now and the amounts I wouldnt be surprised if a few more found out through word of mouth and things really took off.
Ill still be taking a minimum amount of £10 next season thought as really like the idea of it being a forum thing and keeping a good thread going for us all.
Wow a tenner?....you could have thousands!!....admin nightmare? Longy can loan George out to handle that for him. |
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Blatch
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« Reply #745 on: December 30, 2009, 10:33:04 PM » |
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Admin is not an issue if its in from the start. Its when I get mid way investment as I then have to work out everyone else current holding as new investors obv arent entitled any of the profit earnt to date. Not really an issue now as im a bit of an Excel geek and have a spreadsheet working it all out for me.
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sovietsong
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« Reply #746 on: December 30, 2009, 10:34:07 PM » |
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Had any thoughts on what sort of premium you want next year Blatch? I'm pretty much in no matter what you say really.
you should go on dragons den. "i would like £100,000 for my amazing invention and for that i'm willing to give you pretty much whatever equity stake you would like" |
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In the category of Funniest Poster I nominate sovietsong. - mantis 21/12/2012
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Blatch
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« Reply #747 on: December 30, 2009, 10:36:51 PM » |
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Had any thoughts on what sort of premium you want next year Blatch? I'm pretty much in no matter what you say really.
As you know bud im not really doing this to make myself a load of money. I like making others money plus im learning quite a bit from doing it which is helping my own account. However with the amounts involved I think its only fair I take something. I was probably looking at something around 20%-33%. Ill probably have a chat with a few people and go from there. |
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a.sparrow
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« Reply #748 on: December 30, 2009, 10:38:56 PM » |
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I seriously think I cold be starting next season with a bank of £70k or so. Looking at some of the investors I have now and the amounts I wouldnt be surprised if a few more found out through word of mouth and things really took off.
Ill still be taking a minimum amount of £10 next season thought as really like the idea of it being a forum thing and keeping a good thread going for us all.
What kind of percentage would you be taking next season? Yet to be decided or even thought about really. What would you think is fair? If my opinion is worth anything yet i'd say at a rough figure, and baring in mind i have no previous experience in things like this so my thinking could be way off...20% of gross profit? In reference to the minimum 'buy in' i also agree 10 would probably be pretty insane and cause you a hell of a lot of admin work.... but i don't want to suggest any minimums. |
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DaveShoelace
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« Reply #749 on: December 30, 2009, 10:39:24 PM » |
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Had any thoughts on what sort of premium you want next year Blatch? I'm pretty much in no matter what you say really.
As you know bud im not really doing this to make myself a load of money. I like making others money plus im learning quite a bit from doing it which is helping my own account. However with the amounts involved I think its only fair I take something. I was probably looking at something around 20%-33%. Ill probably have a chat with a few people and go from there. Make it 32.5% Sorry, just trying to be a bit tougher negotiating since sovietsong made me look like a cock |
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