Venture Capital from my perpective, from the start before I research the definition is putting our reserch together to achieve an objective.
There are a range of topics that I would love to get feedback on. some topics include Trust, Partnership, Pooling our money and Family just to name a few.
I am starting something here that will continue long after I am gone. I am talking about the systematic putting away of some dollar amount for the purpose of investing in real estate.
Please don't shut me down before I tell you how and what we will accomplish. Group investing allow individual to put there money together for a common objective. That common objective at this moment is to acquire real estate in resort and residential area.
If I could find twenty individuals to contribute one hundred dollars a month for one year then that individual would have contributed twelve hundred dollars for the year or as group twenty four thousand dollars. Now some of us will be able to contribute more but at a minimum of one hundred dollars a month.
A number of questions is probable now popping up in ones mind. Is this another berni nadar scam? How is the money going to be held? Can I get my money back if I change my mind later? Will I be able to pass the investments on to my love ones?
The money will be placed in a bank and statement would be e-mail out to everyone each month. Withdrawal could also be set up that at least two signiture are required.
If one should decide that they want out before the end of the twelve month cycle then that person contribution would be returned without any interest. Anyone can get there money back before the group decide to take up a venture. It is my intent to have the group decide on policy procedure under my core principle and mission statement for the group as a whole.
My idea behind all of this is for financial security for our family as well as our own retirement. Whatever investments we make will be able to be pass on to our love ones. This process when implemented will be able to independenttally function regardles of us being in this world or not.
There are lots of examples of organization, business or even government that were started by a single individual or group of people many years ago and those individuals or group of people are no longer with us, yet the organization, Businesses and government are still around today, still functioning. The same will be said about the organization that I envision and is about to put in place.
I would like to develop a process, a cook book procedure, something like what the owners of a franchise company does.
If anyone of us wanted to buy a McDonald store, we would have to go through a series of training where we would be given that cook book as to how to operate the stores.
I have had a tremendous amount of comments and encouragement from you folks that I am forced to continue. Thank You.
To get started on this Investing group we need Attorney, Tax Aadvisor and Aaccountant to contact me. If you professionals believe as I do, then lets put our skills together to form this group. I would very much love to hear also from those of you who are not Attorney, Tax advisor and accountant
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