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Re: investor interest!
Posted: 17 Mar 2013, 11:50
by Dave271069
hi not sure if this is the right place but it is a sub business.
Any way at the mo im plodding along, nothing major just more of a hobbie that is growing, i plan to start putting the hours in from April and hopefully turning it into a business.(as some of you know) Anyway i was contacted today by a facebook mate and partner to a good friend in work, after a little discussion he offered investment to purchase a 3d machine and all the extras about £1600 to £2000 worth, Now what the hell do i do? what do i offer a investor? This is new to me, any advice please
Dave
Re: investor interest!
Posted: 17 Mar 2013, 11:56
by John G
all depends on the terms of the investment - if he wants more money back than you can actually make, then its pointless.
You need more info of this person to make a decision.
You need to know how much you can make off this 3d machine.
Re: investor interest!
Posted: 17 Mar 2013, 12:01
by Dave271069
ive just found out he is off to hong kong next week, now im interested lol.
Re: investor interest!
Posted: 17 Mar 2013, 12:58
by Hyraxx
Having investors is all well and good, but having them as personal friends is often a recipe for disaster especially if something happens and they lose there investment; you stand to lose a friend if it all goes sour.
Re: investor interest!
Posted: 17 Mar 2013, 13:06
by Dave271069
i dont like him that much! lol
i was unsure weather to take some cash investment (i suppose like a loan from a bank) or go it alone. will wait and see have a informal meeting down the pub and see what next!
Re: investor interest!
Posted: 17 Mar 2013, 13:37
by logobear
if you cannot justify a load from a bank, do noy justify one from a friend.
If you need to borrow, make it a loan, and not an equity interest, unless he can offer more than money.....
Do you really need a 3rd press ? Drive your own equipement harder instead.
I suggest avoid!
Re: investor interest!
Posted: 21 Mar 2013, 09:26
by XpressDesigns
Hey Dave, Sorry to intrude in your post however i was wondering if i could ask you some questions about your 3d printer. I am currently waiting on my own 3d printer to come in from china. Which machine are you purchasing? Try looking at the 2nd one here in this link
http://www.bestsublimation.cn/3d-sublimation.html
Anywhere else (Ebay, amazon etc) is charging well over $700 each without shipping ($300 shipping OUCH) however i am getting mine for $500 each with shipping of $260. I am planning to do a full video review of it for everyone once i get it in. If you like this might be an alternative cheaper route for you to take. Dunno. Just wanted to see if you might be