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Old 05-10-2005, 12:35 AM  
KRL
Entrepreneur
 
Join Date: Oct 2002
Location: USA
Posts: 31,429
Quote:
Originally Posted by CollegeSucks
If you have a good idea, you don't need investors.
LOL, BULLSHIT!! 9 out of 10 so called good ideas bomb. OPM is the only way to go if you want to preserve your wealth.

Your wealth will stay intact a lot longer owning 20%, 30%, 40%, 50% of lots of deals, with minimal outlay of your own money, vs. owning 100% of each deal you do completely self financed.

I've seen more guys blow their entire load because of "GoldenTouchitis". Guys start making big dollars and all of a sudden, think damn I'm a smart mother fucker, I'm a lucky motherfucker, everything I touch now will always turn to gold. Yeh right. Quickest way south is when you catch this syndrome and your ego grows to the size of a watermelon.

l
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