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Free registration at the forum removes this block.Yup, they started a company and in 24 hours sold it for $100 million.The billionaire's family that I know made over $100 million in a single day when their company was bought by an investment bank.
Why don’t you sell him your music catalog then? If you really think it’s worth so much more, convince him he’s getting a bargain. Put his money where your mouth is.That's my music catalog! It's still for sale and you never know if it might sell!
MetaThis music catalog is worth $1.5b so if you can get the seller to accept $100m you’ll have a profit of $1.4b
HOT! - Selling my music catalog and international character for US $1.5 billion. Critique?
I'm selling my music catalog of approximately 800 original songs along with the international character Wisztrock. These songs have been listed to by people in about 150 countries. I am also blending social change aspects with the music along with the wisdom of humanity. You can see the website...www.thefastlaneforum.com
How much was this deal you did with the billionaire?As I indicated above, I have done deals with a billionaire.
I would think someone who has access to $100 million in cash wouldn't be asking strangers on the internet how to use it.Because this is the Fastlane, no? I'm looking for ideas to make it work. I have access to $100+ million cash to buy the thing, if I can show I will immediately profit.
kind of provides a refreshing sidetrack? maybe we have a 'comedy' sub forum and auto put his posts there?OP is trolling this forum. I motion to have him kicked as it makes a mockery of genuine entrepreneurs seeking real advice. #landfill
The example I was giving was just an example of how one could find undervalued assets but it was based on a real case. The owner simply lived overseas and no one bothered to contact them, except one person who knew how to "dig deep" and get value. This person bought the property far below market price, made some upgrades in the property and made a fortune.
That's my music catalog! It's still for sale and you never know if it might sell!This music catalog is worth $1.5b so if you can get the seller to accept $100m you’ll have a profit of $1.4b
HOT! - Selling my music catalog and international character for US $1.5 billion. Critique?
I'm selling my music catalog of approximately 800 original songs along with the international character Wisztrock. These songs have been listed to by people in about 150 countries. I am also blending social change aspects with the music along with the wisdom of humanity. You can see the website...www.thefastlaneforum.com
This is literally the definition of fastlane. Build an asset that you can sell. No one said it would be fast or easy.But they worked many years, had many failures, and finally got to that point. Definitely not fastlane but better late than never.
No. What someone will pay for some assets can vary significantly. The more the market is not efficient the more significant the prices can be. For example, residential real estate has a known market. Prices are within a definite range. However, other assets, like an oil tanker, may vary wildly depending on circumstances.If it could be sold immediately for $150m then that's the market rate. Why would the original owner sell it to you for less than market rate? Where is your $10m value add?
This idea isn't Fastlane actually. Did you actually read MJs books?
Without any improvements, renovations or anything? Can a business survive on what sounds like the "greater fool" theory?I do this every week with real estate. Have had a few 6-figure flips. Nothing 7+ yet...
It's not "greater fool". It's "Who's better at marketing.".Without any improvements, renovations or anything? Can a business survive on what sounds like the "greater fool" theory?
Yes but I need something to buy first. He won't just give me money. I wouldn't take anyway (well, I probably would consider). I want to sell something and make a profit.
Many times on this forum, lets call them "not so great questions" got great advice in replies.OP is trolling this forum. I motion to have him kicked as it makes a mockery of genuine entrepreneurs seeking real advice. #landfill
Two things.
First (to readers rather than OP).
Its possible to buy out company from retiring generation.
Doesn't happen very often but if kids don't want to do same as old folks and parents
get old, business might be for sale with lower valuation than "market" dictates.
Second.
Many times on this forum, lets call them "not so great questions" got great advice in replies.
Its ultimately up to forum moderators but i post it FYI.
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