Blog

Success Story 3: Minimalist Watch Co

A third success in buying web equities and earning quarterly revenues.

mnmlst Watch

https://mnmlstwatchco.com/

 

Before the successes came, this is the company where I tested the waters of buying web equities.

I was on a search for a way to compliment my job income as my family is a growing one and salary never grows as fast as the expenses. This is a condition in life and not a function of any particular job or industry.

I joined Portfolio Sharks and got start on an educational journey that got me started buying businesses, more precisely web equities.

So my goal is simple and clear; I am building a portfolio of companies that will contribute income that I need for my family. It has to be income, because net worth cannot buy anything nor pay the bills.

Lets get to the very first deal; https://mnmlstwatchco.com is a fashion accessory web business that caters to that group that does not buy into the bling bling and just wants to have a simple stylist watch accessory.

Watches

I can tell time on a cellphone as many people do, but a watch is an accessory not just a time piece that says something else.

Lets go and perform due diligence. The team looked at the earnings over a period of time, checked the quality of the product, looked over the social media management, and where the future could be.

An offer was negotiated and the JV took ownership.

The Caveat as to why I have take some time to put this story together is because we got lucky in the following sense. A very short 45 days after we took ownership, an interested party contacted us and offered 25% more than what we had purchased the company for. The decision was taken in a group to cash out.

This is an uncommon transaction and if this is your first deal, you have to presume you got lucky and not actually believe this is the norm.

The benefits of working through this joint venture is we are able to leverage the team strengths, and negotiate a great deal, perform proper due diligence on a web equity and and leverage the network and resell the business.

There are two types of luck, Good Luck and Bad Luck and I have learned that I am also not endowed with some superior or inside knowledge and I need help. Investing in team that I trust is working for me.

To learn more about working with us on your own project, Fill out the form below(I am a person – There is no re-occurring email list)

 

Other success Stories

Toolfanatic

https://cormanfiveblog.wordpress.com/2017/05/25/success-story-tool-fanatic/

Best Drill Press

https://cormanfiveblog.wordpress.com/2017/06/23/success-story-best-drill-press-guide/

Success Story 2: Best Drill Press Guide

A second success in buying web equities and earning quarterly revenues.

Best Drill Press

https://bestdrillpressguide.com/

 

While I am still learning about buying equities, I am gaining very valuable experience. One of the challenges I have encountered in studying success is that it does not always convert in action or activity leading to success.

So the group I have joined has actually got me started buying businesses, more precisely web equities.

I am building a portfolio of companies that will contribute income that I need for my family. It has to be income, because net worth cannot buy anything nor pay the bills.

Lets get started; One of the deals we studies is https://bestdrillpressguide.com/, A company that provides advice on which drill press to buy to anyone which may be in the wood working industry or the wood working hobbyist.

Through out the due diligence process, our business was contributing  the bottom line.

The benefits of working through this joint venture is we are able to leverage the knowledge of negotiating a great price, performing proper due diligence and developing a marketing and sales plan geared toward growth.

So you are wondering how much I invested in https://bestdrillpressguide.com/.  Full disclosure I put in 2500$(US)

I am truly blessed to have made these connections and start me on the path to building a business for my family.

To learn more about working with us on your own project, Fill out the form below(I am a person – There is no re-occurring email list)

Name(required)
Email(required)
Website
Comment(required)

Success Story: Tool Fanatic

A first success in buying web equities and earning quarterly revenues.

 

 

Toolfanatic
https://toolfanatic.com/

Since starting this company to buys business, I have gone through a tremendous learning curve.

So what am I building exactly?

I am building a portfolio of companies that will contribute income that I need for my family. It has to be income, because net worth cannot buy anything nor pay the bills.

Back to the success story; Recently through our Joint Venture partners at Portfolio Sharks we completed the purchase of https://toolfanatic.com .

https://toolfanatic.com/ organises common use tools in a web page earning a revenue monthly.

https://toolfanatic.com/ has already begun to contribute to our growth fund to acquire more web equities through out the year and help support my family.

 

The benefits of working through this joint venture is we are able to leverage the knowledge of negotiating a great price and conducting the due diligence with experienced people.

To learn more about working with us on your own project, Fill out the form below(There is no re-occurring email list)

Productivity Music November 2016

There is only one person responsible for your productivity, and that is you. That doesn’t mean that you can’t have help.

Thank you to Evan Carmichael for putting this together, there is a lot of skill that went into this.

Lets do something big today

 

 


What have you done today for someone else’s financial benefit.

Time to think about your family and your obligations.

Consider buying a business.

I learned through Ace Chapman.

See if you qualify

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Buying a Business, Michael Gray

This one appears a bit dated, but so are most businesses out there.

You can take an older business and turn it into something pretty modern on your own.

Now it is always valuable to have a mentor to get through the process, and I invest with a mentor and partner; Ace Chapman


Take the time and qualify with us;

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Productivity Music January 2017

I work hard each day, and every now and then I need a boost just before mid-day.

I want to thank Evan Carmichael for putting this together for me.

Click and listen up


Ace Chapman showed me how to buy businesses.

This is something that I enjoy and I sure you would to.

See if you qualify by clicking below;

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Productivy Music April 2017

Evan Carmichael has put together this music to help us be more productive. I find it helpful many days to listen and allow me to push through and focus on concentrated effort.


I invest in buying businesses, this is what I enjoy.

You can join me and Ace Chapman, but first you have to qualify;

Click below.

 

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Buying a Business, dealing with uncertain times

You will never know everything you to know to start a business, nor will you in working for someone else.

This is not about buying a job

This is an eye opener, take the time to listen in.

 

I work with Ace Chapman to invest in businesses.


Let do this together

Check this out and qualify to work as a partner

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Time Management by Melanie Mitro

Melanie Mitro is a success in her own right and she has done a great job building herself a great business.

Listen in to her conversation with you.

 

I work with Ace Chapman in building a business for myself and my family.

 


This is your chance to work with us and buy yourself a business

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Top 5 Reasons Why People don’t Succeed

I am always impressed with how people have jumped into business and made a success of themselves.

This is a good example, I would like to introduce Melanie Mitro and I think she is rocking it.

Listen in.

 

I work with Ace Chapman, a long time investor in small businesses across America and internationally.


Come qualify with us and get into business by buying a business with a mentor

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/

Getting out, What is the Exit Strategy?

We need to consider how we are getting out of our projects before we get into our projects.

 

I have been guilty of getting into something without figuring out how I am going to get out. This is not unique to people and applies to countries, governments, teams, and companies.

The secret is figuring it out before you get involved in the project. But how do you evaluate an EXIT STRATEGY.

Start with you goal first. what is the purpose of getting involved in the project in the first place. Is your goal an urgency or a rather long term idea that is part of a bigger vision. Here are some ideas.

  • An IRR of 30%
  • 30 Market share
  • Recovered my investment
  • Project accomplished
  • Retirement
  • What will the team look like after we have accomplished our objective.
  • When is the problem fixed.

Does the project you are jumping into fit the long term vision, does it distract from the vision, or is just non-consequential and adds nothing.

  • Healthy Vision
  • Business Vision
  • Personal Brand
  • Professional Brand
  • Economic Goals
  • Social Goals
  • Family Goals
  • Cultural Goals

Develop Options that maximize the return

  • Selling for a fixed amount
  • How can the taxation be reduced
  • Do the partners require a lifestyle
  • The option could be infinite.
  • Awards.

Once your consider your exit strategy well in advance, you are able to structure your daily activity and with clarity grow and manage your business.

Best of luck.


We buy businesses.

Are looking to sell your business, let’s talk and see and agree on a path forward.

Are you looking to buy a business, Let see if we can work together, click below.

qualify

https://cormanfiveblog.wordpress.com/2017/03/29/pathway-to-investing-with-us/