2 ms·
Yeah I totally understand what you are saying. 1.) Definitely. This will be a slow burn unless someone wants to blow you out of the water and totally undercut
by honopu 16y ago
Yeah I totally understand what you are saying.
1.) Definitely. This will be a slow burn unless someone wants to blow you out of the water and totally undercut you in every way/shape/form.
2.) You are right. That was the idea of my comment, there probably isn't such a thing as passive income without buying an object(not asset) that pays a royalty/dividend, I just thought you were using the word in a way in which it isn't intended.
3.) Totally, i think you need to build the support systems around the business. People will want to buy a money machine, not a hassle. Having as much of that handled before you go to sell it will make it at least at first glance a way better investment. if they are looking at buying a business, aside from them being a competitor, they are basically saying, "You know, I don't trust TNK, and i'm really tired of buying stocks, maybe i'll sink some money here" then they look at your recipe for making money and decide if they want to buy the whole lot.
I just think if you are making 200k you can probably find someone that would be happy as hell to manage most of it and you dabble in it a few hours per week. So mathwise (rounding a week to 50) 4k a week..you can certainly find someone that wants to take some equity and try to build upon that, figure out some sort of metrics for gain aside from salary handled things(what you don't ever want to see, q/a etc) and go from there.
- weaksauce 16y agoGood additional points. I do want to say that I am not the original poster. I was speaking from the benefits I would see if I was in that situation.