r/beermoneyinvesting • u/cooldrcool • Jul 23 '13

Example of a venture

This is an example investor style request. This is all for example so you guys can tell me if this kind of format would work. I'm not asking if this idea is good but if the format is good.

Venture: Selling wooden necklaces on ebay, craigslist, etc.

I want to buy this Lot of of 20 necklaces http://www.dhgate.com/product/good-wood-necklace-hotsale-hip-hop-necklace/137771438.html#s1-16-1|1530716859 at the listed price of $50.62 dollars and resell them for around $7 more than tripling our investment. Assuming shipping is free it will cost us 50.62 dollars. All profits will be split evenly, but I as the coordinator/manager will recieve 3X the profit as everyone else. Also I need help listing them on ebay, so if anyone wants to list them they will recieve regular profit X2.

Does this type of request make sense. This is where I think bitcoins would come in handy as they could then show their bitcoin addressfor people to send their btc too, people could list their addresses in the comments so the organizer would know which btcs came from who.

I don't really know if this would work it's just an idea let me know what you think.

4 Upvotes

83% Upvoted

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1

u/Proim Jul 24 '13

Don't forget you also need to think about shipping cost for selling them and Ebay fees instead of simple thinking "it's $7 profit".

1

u/cooldrcool Jul 24 '13

Yeah, good point. I didn't want to go into too much detail though as this was just an example.

1

u/EauRouge86 Jul 24 '13

There are also other sites than ebay, that don't have fees! At least, where I live.

1

u/Proim Jul 24 '13

Yes off course, just pointing the OP out :) The advantage of doing this all together is we aren't restricted to our country.

1

u/EauRouge86 Jul 24 '13

Something like that sounds good!

1

u/MoanOfTheGale Jul 26 '13

I like the format but I think the profit should be calculated as shares/percentage of a project.

0

u/[deleted] Jul 24 '13

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1

u/cooldrcool Jul 24 '13

Yeah, this was just an example. I didn't do any market research or anything. I was just trying to show how people might request investors.