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Old 03-22-2006, 03:23 PM  
KRL
Entrepreneur
 
Join Date: Oct 2002
Location: USA
Posts: 31,429
Quote:
Originally Posted by MrIzzz
you love me so much you posted advice twice!!!!!! lol

i have always feared a potential investor in tha past because i dont wish to lose my authority in a project. however maybe its time i looked into it. the problem is finding an investor who i can trust
Not necessarily an investor who will be passive. What I'd recommend is an active partner who has skills in the areas you feel you don't have.

I have one of my biz partners, for example, in California, who I've been doing deals with for over 20 years. We share a lot of skills, but he has some good ones I don't, and I have some he doesn't, so we compliment each other and our combined energy works well together on deals.

It also gives you a chance to get more time productivity out of each day if you have deal partners, so you don't have to do it all yourself, which is where most guys get bogged down.
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