What It's About
Today's listener is looking for feedback ... and money.
Notes from Chris
Episode 1624
I’m calling this Q&A episode “Personal Shark Tank,” a phrase I’ve borrowed from today’s caller. He’s looking for investors, but not in the way you might expect. Last week I mentioned income-share agreements (ISAs), where some colleges are letting students pay tuition only after they graduate and get a well-paying job. This is great in so many ways, most notably that it shifts the burden for performance to the institution. Our caller is looking for something similar, but more directly … I’ll let him explain more. This is really interesting!"I know you don't talk about getting investors, but I'd like to do it with a bit of a twist. In the world of cryptocurrency and NFTs, why can't a person do their own IPO and sell stock in themselves? My idea is to make a post on Medium about my idea, and offer a percentage of profits in exchange for up to $50,000 from "DIY investors." I haven't figured out what the percentage should be, and if it's all-or-nothing or if I allow lots of people to pay small amounts of money. But in short, think of it like Personal Shark Tank. Is there any problem with this? Also—do you want to invest? Looking forward to hearing from you."Listen to today's episode to learn more...
SEE ALSO:
- Getting Investors Amped Just Takes a Little Jamming: A Toronto science teacher creates an attachable guitar amplifier that pairs with a smartphone, raising more than $250,000 and appearing on Dragon’s Den.
- Millennial Invests Side Income For Passive Profits: A man on a mission goes from unemployed to day job, then from side hustler to millionaire in five years. Putting 80% of his income into investments for an early retirement made total cents.
- WEEKLY RECAP: Should You Feel Guilty About Passive Income?: In our seventeenth recap of Season III, we'll highlight the lessons learned in this week. Also: an audio update from a previous case study!
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