OT: Ideas on a Smart Business to Start Now

[SanDiegoDave]

How about lending money?

Since the banks won’t do it, and the payday lending franchises are too risky & sleazy, how about something in between? There are plenty of solvent companies out there right now in need of cash, but who can’t get it from the banks.

I’d like a website where people who don’t have millions can still get in on venture cap and angel investing. Sort of like a brokerage, but you are a true debt holder or Class A/preferred shareholder so even if the firm goes under you get “some” money back. And if the firm makes money: you get paid first. Or best case scenario: they get bought by Google and you’ve just funded your retirement.

Think eTrade, but you get to actually contact the people running the company and see their books under NDA instead of buying a ticker symbol and relying on Internet rumor as to their financials. You and a number of other people pool together $1 mil in place of some rich guy who would have written the check all by himself. Establish a rating & tracking system where the better you are at picking business winners, the more preference you get in selection for the next deal that comes along.

[MadeInTaiwan]

[quote=SanDiegoDave]How about lending money?

….[/quote]

I read last Fall about peer to peer banking having an uptick due to credit freezes at normal banks, maybe that will be one of the phoenixes that rise out the ash? It makes a lot sense for local entrepreneurial types to pool money together. You know the local market better, can offer advice if you have small business background, potentially get a better return, while help revitalize the local economy

Who knows, it might even cushion some of the local real estate crash. Oh wait, we don’t want that on this board. We want businesses to crash and burn due to our communal sin of debt, the more people that loose their houses the better, specially at those delusional quality coastal areas. Then we can pick up a nice house at a reasonable 1998 price. Sorry, scratch my stupid idea.

MadeInTaiwan

[MadeInTaiwan]

[quote=SanDiegoDave]How about lending money?

….[/quote]

I read last Fall about peer to peer banking having an uptick due to credit freezes at normal banks, maybe that will be one of the phoenixes that rise out the ash? It makes a lot sense for local entrepreneurial types to pool money together. You know the local market better, can offer advice if you have small business background, potentially get a better return, while help revitalize the local economy

Who knows, it might even cushion some of the local real estate crash. Oh wait, we don’t want that on this board. We want businesses to crash and burn due to our communal sin of debt, the more people that loose their houses the better, specially at those delusional quality coastal areas. Then we can pick up a nice house at a reasonable 1998 price. Sorry, scratch my stupid idea.

MadeInTaiwan

[MadeInTaiwan]

[quote=SanDiegoDave]How about lending money?

….[/quote]

I read last Fall about peer to peer banking having an uptick due to credit freezes at normal banks, maybe that will be one of the phoenixes that rise out the ash? It makes a lot sense for local entrepreneurial types to pool money together. You know the local market better, can offer advice if you have small business background, potentially get a better return, while help revitalize the local economy

Who knows, it might even cushion some of the local real estate crash. Oh wait, we don’t want that on this board. We want businesses to crash and burn due to our communal sin of debt, the more people that loose their houses the better, specially at those delusional quality coastal areas. Then we can pick up a nice house at a reasonable 1998 price. Sorry, scratch my stupid idea.

MadeInTaiwan

[MadeInTaiwan]

[quote=SanDiegoDave]How about lending money?

….[/quote]

I read last Fall about peer to peer banking having an uptick due to credit freezes at normal banks, maybe that will be one of the phoenixes that rise out the ash? It makes a lot sense for local entrepreneurial types to pool money together. You know the local market better, can offer advice if you have small business background, potentially get a better return, while help revitalize the local economy

Who knows, it might even cushion some of the local real estate crash. Oh wait, we don’t want that on this board. We want businesses to crash and burn due to our communal sin of debt, the more people that loose their houses the better, specially at those delusional quality coastal areas. Then we can pick up a nice house at a reasonable 1998 price. Sorry, scratch my stupid idea.

MadeInTaiwan

[MadeInTaiwan]

[quote=SanDiegoDave]How about lending money?

….[/quote]

I read last Fall about peer to peer banking having an uptick due to credit freezes at normal banks, maybe that will be one of the phoenixes that rise out the ash? It makes a lot sense for local entrepreneurial types to pool money together. You know the local market better, can offer advice if you have small business background, potentially get a better return, while help revitalize the local economy

Who knows, it might even cushion some of the local real estate crash. Oh wait, we don’t want that on this board. We want businesses to crash and burn due to our communal sin of debt, the more people that loose their houses the better, specially at those delusional quality coastal areas. Then we can pick up a nice house at a reasonable 1998 price. Sorry, scratch my stupid idea.

MadeInTaiwan

[luxuryglow]

Tattoo Removal.

[luxuryglow]

Tattoo Removal.

[luxuryglow]

Tattoo Removal.

[luxuryglow]

Tattoo Removal.

[luxuryglow]

Tattoo Removal.

[patb]

well there are millions of excess houses out there and
you want a business that’s recession proof, so why not
become an arsonist?

Get a johnny Torch franchise, and the capital investment is
trivial, a couple of liquor bottles and a gallon or two of gasoline.

There are at least a million houses to burn down, and
the money you save people just insist on 10%, and they
get out, they settle the mortgage, and save their credit ratings.

[patb]

well there are millions of excess houses out there and
you want a business that’s recession proof, so why not
become an arsonist?

Get a johnny Torch franchise, and the capital investment is
trivial, a couple of liquor bottles and a gallon or two of gasoline.

There are at least a million houses to burn down, and
the money you save people just insist on 10%, and they
get out, they settle the mortgage, and save their credit ratings.

[patb]

well there are millions of excess houses out there and
you want a business that’s recession proof, so why not
become an arsonist?

Get a johnny Torch franchise, and the capital investment is
trivial, a couple of liquor bottles and a gallon or two of gasoline.

There are at least a million houses to burn down, and
the money you save people just insist on 10%, and they
get out, they settle the mortgage, and save their credit ratings.

[patb]

well there are millions of excess houses out there and
you want a business that’s recession proof, so why not
become an arsonist?

Get a johnny Torch franchise, and the capital investment is
trivial, a couple of liquor bottles and a gallon or two of gasoline.

There are at least a million houses to burn down, and
the money you save people just insist on 10%, and they
get out, they settle the mortgage, and save their credit ratings.

[Author]

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