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Yes. Just be honest. Be clear about the risks they are taking. Don't bullshit them with projections, etc. Don't take cash from anyone who is going to get hurt i
by grizzles 8y ago
Yes. Just be honest. Be clear about the risks they are taking. Don't bullshit them with projections, etc. Don't take cash from anyone who is going to get hurt if you lose it. It's old fashioned advice these days but it works.
- zer00eyz 8y agoI just want to reinforce - whom ever your taking money from, should be willing to write off everything they give you. In fact they should do it the moment the money touches your hand. That isn't to say that your going to fail but you dont want YOUR venture to get caught up in their personal circumstances if they change. People with enough money tend NOT to care about your payout (today, tomorrow or ten years on, if ever).