Hypothetical question : If I tripled your money for you, how much should you give me. ( compensation )
- Thread starter Ceiling Cat
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Fast ROI. If your not a one trick pony, I’ll give you 50% of the total.
I am not a one trick pony, but I will give you the full response later. I assume you mean you would give me 50% of your gain. ( $10k )
how much would you give me if you failed to deliver as promised?
In this hypothetical situation you are making the request to me, so no compensation. I have a good track record.
There was an owner of a chain of funeral parlors in rural Georgia and hes was experiencing some confusion about an invoice. He called in his new assistant , recently graduated from the university of Georgia, and posed the question:
"If I gave you $20,000 less 14%, how much would you take off?"
She thought for a moment and then replied:
"Everything but my earrings"...
"If I gave you $20,000 less 14%, how much would you take off?"
She thought for a moment and then replied:
"Everything but my earrings"...
One of my business classes did an experiment:
You and a partner are given $10K to split. You have to propose the split but if the partner rejects the proposed split, you both get nothing.
Most people proposed a 50-50 split. Some a 60-40 split. I had a weak partner and proposed a 80-20 split which was accepted. I would not have tried that with a stronger, more principled partner.
Moral: Know who you are getting into business with. Weak or strong, principled or open, etc. Yes, I’m an ass but it was hypothetical and I did it to prove a point.
You and a partner are given $10K to split. You have to propose the split but if the partner rejects the proposed split, you both get nothing.
Most people proposed a 50-50 split. Some a 60-40 split. I had a weak partner and proposed a 80-20 split which was accepted. I would not have tried that with a stronger, more principled partner.
Moral: Know who you are getting into business with. Weak or strong, principled or open, etc. Yes, I’m an ass but it was hypothetical and I did it to prove a point.
How much risk is in the investment? That and how long for my return? I would compensate based on those two factors.
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