> be in college > second year of finance degree > realize the quickest way to make it rich is to get smarter people to work for you > decide to start messing around with the idea of a crypto investment firm > spend a fuck ton of time working on business model with best friend > set cut-off on gains to 100% - we 'cash out' and 'sell their cryptos' when they double in value (nobody can argue with that) > in reality hold onto them until shit hits the fan > naturally charismatic and alpha as fuck so i can lure in high-end customers with ease > honestly convince them that i can double their money in a year > hire asians and pajeets to do TA and research alts > draft portfolio which literally consists of the top 20 cryptos by marketcap > pay the workers 50K a year (they're all recent graduates) > pay best friend of mine (co-founder) 100K > 30K for accounting and legal, 100K for office > started in July 2017 > net profit for first quarter was 150K, target for second quarter is 300K > finishing my degree in six months to work on this shit full-time
Am I doing this right Veeky Forums? First time at running a business but I'm up quite a bit and 90% of my earnings are going into crypto. Anyone want in?
You are absolutely going to land in so much fucking debt that you'll be wondering how human brains can put men on the moon, yet still manage to fuck up this hard.
I estimate 1 month of operation before worry sets in. 3 months before sheer panic, 6 months before it crashes & burns, and 7 months before your first genuine consideration of suicide.
You will become, the pinkest wojak.
Jack Long
5% commission on transactions. It's not a lot but the mean purchase is $7,200, which is on average $360 for talking to people the right way over the phone or over lunch.
Jacob Brown
And how, exactly, are you going to find those people? Works fine at first with family and friends, but seeing as you're so confident let's test this.
Let's say I'm a 30-something year old, tech-savvy professional who was referred to you by a friend. I will genuinely assess your pitch. Convince me why I should put my money in the hands of a kid in his second year of a finance degree, in a highly speculative and volatile market.
Go.
Tyler Hill
Can you explain further? It's not as if the crypto market hasn't ever recovered from a loss. Worst case scenario, their portfolio halves in value when the market crashes which will happen, on average, four times a year. Best case scenario, they double their money and I make $700 commission on the transactions.
It's a win-win for everyone because I'm willing to take the risk and the target demographic I'm investing for won't be pissed if their $10,000 turns to $5,000, which once again won't happen in the long-run.
Landon King
Not sure if you're accidentally samefagging or just retarded.
I'm interested in your response to Furthermore; if you're targeting people who don't care if their $10,000 disappears, you're targeting people who have money to invest in the first place. Typically, these are money-conscious, smart individuals. Their first question is going to be "Why should I invest in you". They'll be expecting you to describe your experience, and the experience of their team. What are you going to say?
