Quote:
Originally posted by neighborhood_bob
What amazes me is how many people in this industry make deals
with no recourse. Contracts (real written ones, not verbal or
electronic) are the basis for good business. If everyone required
a signed contract for transactions over $100, the face of business
in this industry would change. You would know who you were
dealing with (a real name and physical address), and debts
would be realistically collectible. No more anonymous bulletin
board phantoms who run on a good reputation, until they
dissappear with everyones money.
I've learned over the years that people who aren't willing to
sign a contract can't be trusted anyway. They are entities that
should be avoided in the first place.
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Deal clueless, this business was build on 100k handshakes.
Just because you newbie morons can't conduct proper business like that today doesn't mean its not still being done by the movers and shakers of this business.
