2 ms·

Are you a multimillionaire or it just happened to you that it would be a good idea to target them?

• defrost 2mo ago
  "Some doctors choose to specialise in diseases of the rich" More seriously, paying clients are a good thing and selecting for those that afford something is not unreasonable (although glove makers and cobblers for the Georgian and Victorian era wealthy often went broke as the upper class often refused to pay). Don't discount familiarity with the finances of millionaires by other mean, when I worked in mineral and energy intelligence the bulk of our clients were wealthy enough to discount all IPO's below 50 million as "small beer".
  • charleswcho 2mo ago
    Exactly! Curious to know why those historical elite didn't pay? Didn't catch your other point. Are you talking about millionaires out of tech?
    • defrost 2mo ago
      Class elitism and shrugging off the "problems of the poors" ... My other point was to owebmaster who appeared to be questioning whether you were a "multimillionaire" and I was pointing out that's not a prerequisite to understanding the finances of millionaires - I dealt with billion dollar finances in mineral and energy resources w/out being a billionaire player myself - just info gathering and advising for a fee. FWiW, I'm not in Silicon Valley and people with 1-15 million that I encounter either have a house or two, are small business owners, farmers, tradespeople that have invested wisely, etc.
      • charleswcho 2mo ago
        [dead]
• charleswcho 2mo ago
  Yes, Google has been good to me. There is a wedge of people that have enough money that they want to manage it themselves; but not so much that's it's overwhelming. Getting into 25M+ is multi-family office level I believe. Also, the prosumer market should have better margins than general consumers (less price sensitive).