Talking My Way Into Business – Part 3

September 23rd, 2008 Categories: Uncategorized

Ok so this time I have sent out a free posting email on Businessesforsale.com, asking for anyone who has an underperforming Internet business to talk to me before selling.

My idea is that I sort out their website, and get the business making more money, I then take 10% of the increase in profit from then on, as kind of a business partner.

Not sure what legal requirements would be needed though, I think I’d probably just trust them and get them to sign some sort of agreement.

So an example would be a jewellery website that is only making £10,000 per year, I talk to them, they agree and I sort out their shop so they make £50,000 per year, this means the profit has increased by £40,000 and I therefore get a 10% share, which is £4,000 from then on, each year!

Pure genius!

What could possibly go wrong!? ;)

To follow the rest of this story see Talking My Way Into Business – Part 4
To see the start of this story see Talking My Way Into Business – Part 1
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