Quote:
Originally Posted by crockett
Sometimes it can be better to be partners in several projects verses only running one thing yourself.
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Assuming they have some skills to bring the to table. I agree.
But just like current business partner. He has NO online experience. He was just a money man at the beginning to bought in for a 1/3, and that's it. He does nothing else. 99% of the company is me. From hiring models to doing the shoots, post production, web mastering, marketing, and so on. He does the accounting.
The workload is not split, or shared.
The same would be with this new dude. He has no skills. He has some ladies, and dudes who will shoot porn. He has some money burning a hole in his pocket. But he needs me to help him get going. I have no interest in that. So he offered the alternative. $10,000.00 investment, and I told him I would do a short term 12 month, 20% return if the money was burning a hole in his pocket that bad.
I can always shoot a shit load of content, or invest in some of my other shit. He could have monthly payments, quarterly, or just cash out in 12 months. In that 12 months, if he managed to GET some skills. Then maybe I would entertain his propositions if I am hungry at that time.