I'm thinking about opening up a true long term investment. The investment will be used to open up a small business in Nevada, and the returns will be paid from the company.
If I do something with a 12-18 month term, with 175-200% return, with a guarantee of refunding in the first 2 months in the event it doesn't get off the ground, would you guys be interested?
Just testing the waters here.
RisingSun
May 3 2007, 05:07 PM
Awesome Kris Really psyched for it. From what you've told me so far, it's going to be great.
Hula
May 3 2007, 05:32 PM
Definitely!
davidscript
May 3 2007, 06:12 PM
Can I have your job as an mmg mod?
Just kidding
eiranis
May 3 2007, 06:34 PM
I don't want to spoil the fun... more than I had done in the past here... but I can't forget what happened with Kenny.
restless_soul
May 3 2007, 08:25 PM
yupp...to start a HYIP is non-sense until u r scammer. you dont know what would happen in future but everyone would blame u & only u if funds are lost.
RisingSun
May 3 2007, 09:00 PM
From what Kris has told me, it most certainly is not a HYIP as you may assume, it's the real deal
StrongInvestors
May 3 2007, 09:13 PM
The term sounds good, but the rate seems too large to be considered a legit investment; though I am not doubting your honesty and integrity.
xRealNinjuzx
May 4 2007, 12:01 AM
QUOTE(StrongInvestors @ May 3 2007, 10:13 PM) [snapback]4052060[/snapback]
The term sounds good, but the rate seems too large to be considered a legit investment; though I am not doubting your honesty and integrity.
I can understand that.
It is certainly not an HYIP, and most definitely not a ponzi. When we get ready to really get into it, I will make the business plan public and all of that, but based on our sales estimates 175% is not even remotely out of the question. While this is still an early estimate of the roi I will offer, it wont be too far off of the mark. The lowest we will even be looking at is 150%.
When the time comes, you will all see what exactly im gonna do and you can all contact me at any time with more questions. Until then, im just trying to get a feel for people who would be interested in investing.
3MP
May 4 2007, 12:14 AM
QUOTE(xRealNinjuzx @ May 4 2007, 08:01 AM) [snapback]4052587[/snapback]
I can understand that.
It is certainly not an HYIP, and most definitely not a ponzi. When we get ready to really get into it, I will make the business plan public and all of that, but based on our sales estimates 175% is not even remotely out of the question. While this is still an early estimate of the roi I will offer, it wont be too far off of the mark. The lowest we will even be looking at is 150%.
When the time comes, you will all see what exactly im gonna do and you can all contact me at any time with more questions. Until then, im just trying to get a feel for people who would be interested in investing.
Wow a moderator starting a HYIP site. Sure you will succeed. All the best.
xRealNinjuzx
May 4 2007, 01:53 AM
QUOTE(3MP @ May 4 2007, 01:14 AM) [snapback]4052633[/snapback]
Wow a moderator starting a HYIP site. Sure you will succeed. All the best.
Well, I don't want MMG to be a reflection of me or my program or my business, so when the time comes for me to do my own thing, I will part ways with MMG and be on my own once again
Thanks for your support.
ChrisMono
May 4 2007, 02:27 AM
why can't you get a low rate business loan? If your business plan is good enough then you should get the loan easy...
xRealNinjuzx
May 4 2007, 02:58 AM
QUOTE(ChrisMono @ May 4 2007, 03:27 AM) [snapback]4052948[/snapback]
why can't you get a low rate business loan? If your business plan is good enough then you should get the loan easy...
Banks are a little tough, because they want to see a significant investment on behalf of everyone involved, and by significant, I mean as much as 50% if you don't have great credit. If I had that much to begin with, I probably wouldn't even bother going to bank since my bottom line estimate of the total cost of opening my business is less than half of what I would want in a loan (enough to cover all expenses for the entire first year of business including rent and insurance).
Besides, if I went to a bank, even though my interest rate migh be slightly lower, my friends, family and you guys wouldn't benefit from it in any way.
ChrisMono
May 4 2007, 03:39 AM
QUOTE(xRealNinjuzx @ May 4 2007, 11:58 AM) [snapback]4053020[/snapback]
Banks are a little tough, because they want to see a significant investment on behalf of everyone involved, and by significant, I mean as much as 50% if you don't have great credit. If I had that much to begin with, I probably wouldn't even bother going to bank since my bottom line estimate of the total cost of opening my business is less than half of what I would want in a loan (enough to cover all expenses for the entire first year of business including rent and insurance).
Besides, if I went to a bank, even though my interest rate migh be slightly lower, my friends, family and you guys wouldn't benefit from it in any way.
lol so your doing this out of your own generosity?
If you look around you will see its insanely easy to get credit regardless of your score. Even getting a loan on the credit card will save you a lot money.. and you won't be risking other peoples money
the plan you are proposing sounds like we are investing in a business start up. that would make us practically shareholders right? hmm you might need to look into the documents for that
restless_soul
May 4 2007, 07:02 AM
QUOTE(xRealNinjuzx @ May 4 2007, 12:01 AM) [snapback]4052587[/snapback]
I can understand that.
It is certainly not an HYIP, and most definitely not a ponzi. When we get ready to really get into it, I will make the business plan public and all of that, but based on our sales estimates 175% is not even remotely out of the question. While this is still an early estimate of the roi I will offer, it wont be too far off of the mark. The lowest we will even be looking at is 150%.
When the time comes, you will all see what exactly im gonna do and you can all contact me at any time with more questions. Until then, im just trying to get a feel for people who would be interested in investing.
I wish u the best of luck in your ventures but why u wanna do it? what if you lose all the funds while building business? why you wanna take responsibility on other's funds? I guess you must be earning a lot with MMG already. God Bless.
xRealNinjuzx
May 4 2007, 08:03 AM
QUOTE(ChrisMono @ May 4 2007, 04:39 AM) [snapback]4053147[/snapback]
lol so your doing this out of your own generosity?
If you look around you will see its insanely easy to get credit regardless of your score. Even getting a loan on the credit card will save you a lot money.. and you won't be risking other peoples money
the plan you are proposing sounds like we are investing in a business start up. that would make us practically shareholders right? hmm you might need to look into the documents for that
I'm not doing it out of my own generosity, because I am certainly getting something in return. Not only that, I am putting myself at great risk by trying what I am considering doing. It isn't so easy to get financed by the bank. They have very stringent rules on how they loan, who they will loan to, and for what uses. This is not the first time, and will probably not be the last time I have attempted to open a business, and it hasn't gotten anything but more difficult.
And yes, you are investing into a business start-up, but it isn't a shareholding situation. I suppose the closest idea would be a venture capital idea or angel investing (how sweet of you!), but in a different way. It will all be explained more clearly if I end up deciding to go ahead with my plan and see what works itself out and how.
QUOTE
I wish u the best of luck in your ventures but why u wanna do it? what if you lose all the funds while building business? why you wanna take responsibility on other's funds? I guess you must be earning a lot with MMG already. God Bless.
I have always wanted to own my own business. I work hardest and am the most creative when there is nobody to hold me back. As for losing all of the funds while building the business, there isn't really an opportunity for that, because I wont touch a dime of the funds until we have reached the minimum amount required to open. After we actually open for business, if we are to be visibly failing after a few months, and it doesn't seem like there is any recourse, we will either sell the company, or liquidate all of the assets and pay investors back in full.
finix
May 4 2007, 12:41 PM
QUOTE(eiranis @ May 3 2007, 10:34 PM) [snapback]4051604[/snapback]
I don't want to spoil the fun... more than I had done in the past here... but I can't forget what happened with Kenny.
Or TAS. Or crystin. Or TMH. Seems to be a wonderful trend.
marc williams
May 4 2007, 12:47 PM
If MMG Mods make HYIP they should stand down as Moderators IMO
However good luck with your Biz
eiranis
May 4 2007, 01:20 PM
QUOTE(marc williams @ May 4 2007, 02:47 PM) [snapback]4054976[/snapback]
If MMG Mods make HYIP they should stand down as Moderators IMO
However good luck with your Biz
He already mentioned that he'll quit mod job once he makes his program.
restless_soul
May 4 2007, 01:42 PM
QUOTE(xRealNinjuzx @ May 4 2007, 08:03 AM) [snapback]4054049[/snapback]
And yes, you are investing into a business start-up, but it isn't a shareholding situation. I suppose the closest idea would be a venture capital idea or angel investing (how sweet of you!), but in a different way. It will all be explained more clearly if I end up deciding to go ahead with my plan and see what works itself out and how. I have always wanted to own my own business. I work hardest and am the most creative when there is nobody to hold me back. As for losing all of the funds while building the business, there isn't really an opportunity for that, because I wont touch a dime of the funds until we have reached the minimum amount required to open. After we actually open for business, if we are to be visibly failing after a few months, and it doesn't seem like there is any recourse, we will either sell the company, or liquidate all of the assets and pay investors back in full.
yeah thats the spirit...thats what i expected to hear from you.. yupp..make it much more legitimate by starting it with your own funds,then see how stable it is,then bring the new funds in and expand it...thats a cool plan of yours...hope it works that way...wish you best of luck.
xRealNinjuzx
May 4 2007, 01:51 PM
QUOTE(finix @ May 4 2007, 01:41 PM) [snapback]4054969[/snapback]
Or TAS. Or crystin. Or TMH. Seems to be a wonderful trend.
The difference is, I will be opening up a real brick and mortar place in Sin City. That means if you come out here on vacation, you will be able to come on by, see with your own eyes where we are and what we are doing, and talk to me first hand.
R33z
May 4 2007, 02:11 PM
150-170% return for12-18 months? and the principal will be returned after that and that's it? or it will continue getting profits for years? but in this case it will look like as a shareholders.\
It will be more interesting if it will be a shareholder position hehe. i'm always dream that i soon will have one biz in the US
xRealNinjuzx
May 4 2007, 02:21 PM
QUOTE(R33z @ May 4 2007, 03:11 PM) [snapback]4055143[/snapback]
150-170% return for12-18 months? and the principal will be returned after that and that's it? or it will continue getting profits for years? but in this case it will look like as a shareholders.\
It will be more interesting if it will be a shareholder position hehe. i'm always dream that i soon will have one biz in the US
Its going to be a onetime payment. You invest $1k, I pay you back $1500-$2000, or whatever, and thats it. You made a nice return on your investment, and my business continues without a hitch. I wouldn't want to do shareholder positions because I wouldn't want to have to continue paying people all the time
R33z
May 4 2007, 02:29 PM
QUOTE(xRealNinjuzx @ May 5 2007, 06:21 AM) [snapback]4055156[/snapback]
Its going to be a onetime payment. You invest $1k, I pay you back $1500-$2000, or whatever, and thats it. You made a nice return on your investment, and my business continues without a hitch. I wouldn't want to do shareholder positions because I wouldn't want to have to continue paying people all the time
hehe i got your point here. It can be consider as lending money with some interest back
let me know what kind of biz you will have when you already plan to set it up
marc williams
May 4 2007, 03:29 PM
what will the shop retail and how much Capital will you be needing (approx)
xRealNinjuzx
May 4 2007, 03:44 PM
QUOTE(marc williams @ May 4 2007, 04:29 PM) [snapback]4055253[/snapback]
what will the shop retail and how much Capital will you be needing (approx)
It will be a tattooing and body piercing shop. Tattooing is currently the 6th fastest growing retail product currently on the market.
Capital needed will be $30-40k. The bare minimum to open the shop will be around $20k, but the additional funds secured will be used to help cover the first years operating expenses, as well as any unforseen complications that arise during the opening process. Especially since the health department and dealing with city governments can be an excrutiating process. We will cut off deposits at around $45k.
This means, once we raise the needed $20k, we can begin to move forward and investors will be able to see what their money is doing, and other investors will still have the opportunity to invest until we hit our cap.
localinvestor
May 4 2007, 08:09 PM
QUOTE(xRealNinjuzx @ May 3 2007, 05:01 PM) [snapback]4051369[/snapback]
I'm thinking about opening up a true long term investment. The investment will be used to open up a small business in Nevada, and the returns will be paid from the company.
If I do something with a 12-18 month term, with 175-200% return, with a guarantee of refunding in the first 2 months in the event it doesn't get off the ground, would you guys be interested?
Just testing the waters here.
What's the small business? What is the max invest? How many cashouts? What is the min invest amount? Do you think you can do 200% in 6 months in the future? I believe in Warren Buffets ideas, if your just starting up and it's a good plan I will stick it out for the life of the business investing even though I don't have much yet to start with.
Mike Riches
May 5 2007, 05:37 AM
you do realise if this is your first time in setting up a offline business, you will probably not see profit for the good side of a year unless your lucky.
It is incredibly easy to get credit nowadays from banks, if you are serious about your venture you will take the time and read the terms and conditions without brushing them aside. Paperwork is a lifelong ritual
xRealNinjuzx
May 5 2007, 07:17 PM
QUOTE(Mike Riches @ May 5 2007, 06:37 AM) [snapback]4057459[/snapback]
you do realise if this is your first time in setting up a offline business, you will probably not see profit for the good side of a year unless your lucky.
It is incredibly easy to get credit nowadays from banks, if you are serious about your venture you will take the time and read the terms and conditions without brushing them aside. Paperwork is a lifelong ritual
Hehe, well, I did spend a lot of time researching loans and SBA loans and the like, and from what I read, as I previously stated, almost all places require a large personal investment (as much as 50%), depending on the administrations personal credit and the like. Im all about paperwork, so that isn't a concern.
As for making a profit, the low overhead makes turning a profit in the first year a whole lot easier. Also (as you will later be able to see in our business plan), a profit is going to be pretty simple. We have very meager expectations, and those expectations are still considerably more than our operating costs.
When I start allowing people to get the business plan, you will see
xRealNinjuzx
May 6 2007, 12:10 PM
Ok. I have had a couple of days to get a feel for what people are thinking and such, so I am going to go ahead and close this until I am officially ready to get with it.
If you have any other questions or whatever, feel free to shoot me a PM or send me a message on AIM.
For now, I will catch you all later
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