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Eric de'Locke
Rapid Withdrawal
16
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Posted - 2016.02.20 15:06:58 -
[31] - Quote
virm pasuul wrote:Care to justify 20-30 billion ISK worth of skills?
This should be interesting.
Um, to be able to produce more than what I currently can. It's not rocket science, you know! |
virm pasuul
The Congregation
No Handlebars.
353
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Posted - 2016.02.20 15:08:42 -
[32] - Quote
Eric de'Locke wrote:virm pasuul wrote:Why would someone invest 50 billion just so they can receive 20% of the profit that the 50 billion makes whilst you take 80% of that profit?
You scheme makes no sense to a potential investor.
They take on all the risk. You take 80% of the profit.
It's clear you get a lot out of it, but there's sod all in it for the investor.
Because I've already invested my own ISK into training my ALTs, to set up the corporation with it's current production line as well as my time. What I've invested is far and above what I'm asking for so I will retain the lions portion of my shares. If you want I can go back and calculate the cost that I've invested already?
It would actually help your case to do that.
I suspect your business model is "give me money so I can be rich" |
virm pasuul
The Congregation
No Handlebars.
353
|
Posted - 2016.02.20 15:11:01 -
[33] - Quote
Try and view your proposal from the point of view of a potential investor.
They have already made the ISK through work, and avoided the risks.
Why would they WANT to invest in your scheme? What's in it for them?
It looks like you can only see your own interests, the benefits to you. |
virm pasuul
The Congregation
No Handlebars.
353
|
Posted - 2016.02.20 15:12:21 -
[34] - Quote
Eric de'Locke wrote:virm pasuul wrote:Care to justify 20-30 billion ISK worth of skills?
This should be interesting. Um, to be able to produce more than what I currently can. It's not rocket science, you know!
Justify as in lay out the details.
As you say it's not rocket surgery. |
Eric de'Locke
Rapid Withdrawal
16
|
Posted - 2016.02.20 15:36:40 -
[35] - Quote
virm pasuul wrote:Try and view your proposal from the point of view of a potential investor.
They have already made the ISK through work, and avoided the risks.
Why would they WANT to invest in your scheme? What's in it for them?
It looks like you can only see your own interests, the benefits to you.
Why, because I'm only parting with 20% of my share? That's 20% for life, getting a return every month that will by far be more than the initial investment. And I'm also offering to buy back the shares at an increased rate after 6 months, what more do you want?
Here's the Skill Plan for the Gallente T2 and T3 ship production:
Industry I
Industry II
Industry III
Mass Production I
Advanced Industry I
Mass Production II
Advanced Industry II
Mass Production III
Advanced Industry III
Industry IV
Mass Production IV
Supply Chain Management I
Supply Chain Management II
Supply Chain Management III
Advanced Industry IV
Supply Chain Management IV
Industry V
Mass Production V
Advanced Mass Production I
Advanced Mass Production II
Advanced Mass Production III
Advanced Mass Production IV
Advanced Small Ship Construction I
Advanced Small Ship Construction II
Mechanics III
Advanced Small Ship Construction III
Science IV
Mechanics IV
Advanced Small Ship Construction IV
Science V
Mechanics V
Gallente Starship Engineering I
Mechanical Engineering I
Gallente Starship Engineering II
Mechanical Engineering II
Gallente Starship Engineering III
Mechanical Engineering III
Gallente Starship Engineering IV
Mechanical Engineering IV
Advanced Small Ship Construction V
Gallente Starship Engineering V
Total time: 75 days, 15 hours, 56 minutes, 21 seconds
To PLEX all character over 3 accounts will take 3 months and 32.4B for the skills to train. Add another 8B for a JF and 10B as a buffer to buy materials. That's a little over 50B. With Skill Injectors I will be able to fast track skills and will need to only PLEX 3 accounts to keep them active and making a profit. At the moment I am PLEXing all 3 accounts but can only train 1 character at a time, including my main, so only 2 production characters are being trained at any given time which will take ages to get where I can get with the investment.
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Eric de'Locke
Rapid Withdrawal
16
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Posted - 2016.02.20 16:01:50 -
[36] - Quote
virm pasuul wrote:Eric de'Locke wrote:virm pasuul wrote:Why would someone invest 50 billion just so they can receive 20% of the profit that the 50 billion makes whilst you take 80% of that profit?
You scheme makes no sense to a potential investor.
They take on all the risk. You take 80% of the profit.
It's clear you get a lot out of it, but there's sod all in it for the investor.
Because I've already invested my own ISK into training my ALTs, to set up the corporation with it's current production line as well as my time. What I've invested is far and above what I'm asking for so I will retain the lions portion of my shares. If you want I can go back and calculate the cost that I've invested already? It would actually help your case to do that. I suspect your business model is "give me money so I can be rich"
Now you're just trolling, lol :D
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virm pasuul
The Congregation
No Handlebars.
355
|
Posted - 2016.02.20 16:16:20 -
[37] - Quote
Eric de'Locke wrote:
To PLEX all character over 3 accounts will take 3 months and 32.4B for the skills to train. Add another 8B for a JF and 10B as a buffer to buy materials. That's a little over 50B. With Skill Injectors I will be able to fast track skills and will need to only PLEX 3 accounts to keep them active and making a profit. At the moment I am PLEXing all 3 accounts but can only train 1 character at a time, including my main, so only 2 production characters are being trained at any given time which will take ages to get where I can get with the investment.
and from page 1, bottom post
Eric de'Locke wrote:
5) At the moment I'm making a little over 5B a month and that's with only 4 characters doing the manufacturings. Yes, and profits from any endeavour I undertake will be part of the dividend payout, not just manufacturing. Shareholders will be investing in the corporation not just the products.
You need money to inject 9 characters, yet 4 are already producing?
Why do they injecting if they are already producing?
You are just plucking numbers out of thin air, making it up as you go along.
You're either bad at business, or bad at scamming. At this point it doesn't really matter which.
It's clear you're not serious about about a genuine offer. Despite the harsh nature of my criticism I have been trying to help you, by showing you where the problems are in good faith. I don't now believe you yourself are acting in good faith, and as such continuing this would just be a waste of my time. I shall leave your thread in peace.
Good luck.
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Eric de'Locke
Rapid Withdrawal
16
|
Posted - 2016.02.20 17:04:36 -
[38] - Quote
virm pasuul wrote:Eric de'Locke wrote:
To PLEX all character over 3 accounts will take 3 months and 32.4B for the skills to train. Add another 8B for a JF and 10B as a buffer to buy materials. That's a little over 50B. With Skill Injectors I will be able to fast track skills and will need to only PLEX 3 accounts to keep them active and making a profit. At the moment I am PLEXing all 3 accounts but can only train 1 character at a time, including my main, so only 2 production characters are being trained at any given time which will take ages to get where I can get with the investment.
and from page 1, bottom post Eric de'Locke wrote:
5) At the moment I'm making a little over 5B a month and that's with only 4 characters doing the manufacturings. Yes, and profits from any endeavour I undertake will be part of the dividend payout, not just manufacturing. Shareholders will be investing in the corporation not just the products.
You need money to inject 9 characters, yet 4 are already producing? Why do they injecting if they are already producing? You are just plucking numbers out of thin air, making it up as you go along. You're either bad at business, or bad at scamming. At this point it doesn't really matter which. It's clear you're not serious about about a genuine offer. Despite the harsh nature of my criticism I have been trying to help you, by showing you where the problems are in good faith. I don't now believe you yourself are acting in good faith, and as such continuing this would just be a waste of my time. I shall leave your thread in peace. Good luck.
Yes, 4 are already producing but not to the level I would like as only 2 can produce T3 Destroyers while 2 others are currently training. 1 produces the components needed and the other the Enyos. All done within 24 hours for 5 Enyo and 20 T3Ds. Some already have the skills in training that's why I want to use Skill Injectors as it will fast track their development so that I can produce more. I'm not trying to scam anyone, and yes you have been harsh to the point of trolling. But if you are genuinely trying to help you will see that I am not an accountant with tons of spreadsheets telling me exactly where every ISK is spend or gained. I am just a single guy looking to expand his current operation. I don't need the 50B, it would just help so that I can do more. From my point of view you have no clue on how industry works or what goes into producing a single T2 or T3 ship, it isn't 1 easy step but multiple steps need to be completed. And lets not forget the invention process for the T2 and T3 BPCs that have to be done as well. So you tell me again if I'm bad at business or if I'm trying to scam?
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Star Killer14
Core World Imperium
64
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Posted - 2016.02.20 20:18:02 -
[39] - Quote
I agree with almost everything virm pasuui said. The way you are evaluating and justifying your total worth is a fallacy. It reminds me of many people who would present their ideas the the "Sharks" on the show Shark Tank, great show by the way. You can not include as value what you will be worth in 10months, all that matters is what you are worth now. Currently you are worth 18b so you need to be willing to hand over a larger amount of isk now to investors, ask for a more reasonable amount, or just wait and grow slower but keeping more potential long term profit.
Also as mentioned before, the investor has already suffered through the time and pain needed to build their fortune. Yes you have invested time into your project, no one is arguing that but the investor also invested time into their own projects to get where they are now. Therefor their isk is worth just as much as yours when it comes to pain and sweat, you seem to fail to see this.
Virm was being helpful, he wasn't trolling, and if you could have taken is advice and discussed in civilly you maybe on the right path but your last few posts have greatly hurt your chances of this being successful.
I think you have an idea and a plan but you are not good at taking criticism which is very bad. I personally refuse to consider investing in someone who 1) doesn't have an exit strategy and 2) doesn't take criticism well.
Finally remember getting 20% of something is better than getting 100% of nothing. |
Droodid
Antec Enterprises
98
|
Posted - 2016.02.20 20:20:04 -
[40] - Quote
Star Killer14 wrote:have greatly hurt your chances of this being successful.
There was never any chance to be fair.
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Star Killer14
Core World Imperium
64
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Posted - 2016.02.20 20:23:45 -
[41] - Quote
I agree there wasn't much either but I always like to look at the positive side. Besides if he could handle things civilly he might have gotten a smaller amount and could comeback for more later, now I don't think there is any chance of either. |
Eric de'Locke
Rapid Withdrawal
16
|
Posted - 2016.02.21 02:03:00 -
[42] - Quote
Fair enough if I've hurt my chances on getting either a 50B or smaller investment, I'll just carry on as I am and do it slowly.
Thanks to those that offered genuine advice and could see the possibilities of my venture. |
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