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Number of Posts:	5
Registered on:	11/5/2011
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re: Investing in a startup?

Posted by tangi225 on 6/12/12 at 9:41 pm to lighter345

Agree with Golfer. 10 years of projections is nice to look at but will be wrong by year 3 more than likely. Focus heavily on the early years in your analysis. If you are a minority investor, do your diligence on the shareholder/partnership agreement. How will distributions be determined? If pass-through entity, will there be minimum distributions for taxes? Restrictions on transfers and concentration of control are other areas to consider. Also, what clauses are written to protect other investors if anything happens to key persons (death, divorce, bankruptcy, etc.).

Consulting with an attorney and CPA is also a good idea.

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re: Books on leadership/organization......

Posted by tangi225 on 6/7/12 at 6:04 am to TJG210

I'm interested in this too. Reading "drive" by Daniel pink now.

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re: Is Primerica a pyramid scheme?

Posted by tangi225 on 5/25/12 at 7:20 pm to OweO

Haha. I've been slow to pull the trigger. Primeamerica make me shoot. I'm in now!

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re: Is Primerica a pyramid scheme?

Posted by tangi225 on 5/25/12 at 7:12 pm to adavis

First post, but this topic gets me going. I agree, the "product" is reasonable; however, the marketing is shady at best. I know friends with very limited education who take their friends and family's money as their "financial advisor"...only to find out the market is saturated and struggle to make a dime. They then stop doing it and their friends and family's money goes to the guy that recruited them. This is what they tell you that if you "stick it out" you can make money.

People who believe that making money this way are freaking joke.

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