I grew up in a house with parents! Nobody ever paid me to wash the
dishes, sweep the floor, take out the trash, fetch the mail, make my
bed, feed my dog, mow the yard, weed the garden, feed the chickens,
etc... . Nepotism now! The best employees there are! work for food and
a place to call home!
On 3/18/22 10:34, Chuck McCown via AF wrote:
Heck yes. I grew up on a farm and ranch. Nobody ever paid me other
than food and board.
*From:* Sam Lambie
*Sent:* Friday, March 18, 2022 10:21 AM
*To:* AnimalFarm Microwave Users Group
*Subject:* Re: [AFMUG] Ot: vauluing an investor
So that is what having kids are for? Indentured servitude?
On Thu, Mar 17, 2022 at 2:59 PM Steve Jones
<thatoneguyst...@gmail.com> wrote:
I really am hoping my boy gets behind it, I want him to vest in 5
years. but with another partner it may not work that way
On Thu, Mar 17, 2022 at 3:30 PM Chuck McCown via AF
<af@af.afmug.com> wrote:
I really dislike partners that are not my kids. I would not
ever give up controlling interest. I have had some 50/59
deals that worked.
Sent from my iPhone
> On Mar 17, 2022, at 11:44 AM, Steve Jones
<thatoneguyst...@gmail.com> wrote:
>
>
> So im buying out a friends business. Not big, small drill
and such. Enough that a guy can get started and build upward.
I just am afraid of heights and want to get lower and build
something with my kid.
>
> I have an interested party that made me an offer, it will
get me a second truck and mini excavator plus a pretty
substantial recurring investment, about 80 percent of what im
paying.
>
> He wants to know what i think is a fair percent for the
offe. But i cant see any way that has a return for him with me
retaining any ownership.
>
> Im projecting best case around 220k revenue in the startup
year, and fuel is laying claim to a pretty big chunk of that.
>
> This is a guy who tried to recruit me last year, and hes
made clear hes looking to invest in a person. While that is
roses, im not sure how it scales to a return for him.
>
> I can see buying into an existing outfit, but this just
seems to have no way where numbers make sense.
>
>
> --
> AF mailing list
> AF@af.afmug.com
> http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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*Sam Lambie*
Taosnet Wireless Tech.
575-758-7598 Office
www.Taosnet.com <http://www.newmex.com>
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