Marcus really takes on some stinkers. I love the show but really groan on a frequent basis.
From: Travis Johnson Sent: Tuesday, October 25, 2016 8:10 AM To: [email protected] Subject: Re: [AFMUG] Shark Tank Hey... You are correct... there are much better, faster growing investments than a fiber company or WISP. Even if you factor in businesses that don't make it (I've had two of those in the last two years, costing me about $120,000). However, with the Ecoflower company I am currently at a 100x ROI in just two years (on paper)... but I have gotten 3x my cash investment back already via dividends. Even Marcus on The Profit says the same thing... he makes enough on the companies that do work out to cover the ones that are losers. His actual success rate is something like 10% of his investments. The best way to play the WISP/Fiber game is cash flow... take as much out of the business as you can, still providing enough to grow and install new customers. :) Travis On 10/24/2016 9:27 PM, Sterling Jacobson wrote: If this guy/company invests in WISPs, has anyone here actually received any money/funds from them? Until that happens it’s just a load of crap. I’ve talked to a good number of investors for our fiber company this year. It boils down to the same few items every time: They can’t afford it. They can afford it, but are (supposedly) making tons more interest flipping real estate in a lot less than the 3-5 years payback that I am offering. And the last, they just plain don’t want to because they are investing in 20-30 smaller companies, all of which will die and leave them with nothing except that ONE that will gain them 40B. Every single person or group I have talked to about investing in Fiber has been very very positive about what I am doing and my numbers and model. But it just isn’t attractive enough or pays out enough fast enough to make them move in this economic climate. My top three hopefuls at the moment are three groups/companies that are already doing fiber or fiber related industries. They ‘get’ it, and are comfortable with the slower rate of return and partnership terms. Generally speaking, the ISP model is considered a utility now, and it’s not as sexy as I like to think it is, lol! From: Af [mailto:[email protected]] On Behalf Of Mike Hammett Sent: Monday, October 24, 2016 9:12 PM To: [email protected] Subject: Re: [AFMUG] OT: Shark Tank Yup. ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ------------------------------------------------------------------------------ From: "Ken Hohhof" <[email protected]> To: [email protected] Sent: Monday, October 24, 2016 9:23:58 PM Subject: Re: [AFMUG] OT: Shark Tank That Leonidas guy? From: Af [mailto:[email protected]] On Behalf Of Mike Hammett Sent: Monday, October 24, 2016 9:06 PM To: [email protected] Subject: Re: [AFMUG] OT: Shark Tank I've gotten several emails the past couple weeks from someone about putting money in WISPs. I've been ignoring them so far, assuming they were scams. ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ------------------------------------------------------------------------------ From: "Jeff Broadwick - Lists" <[email protected]> To: [email protected] Sent: Monday, October 24, 2016 6:17:16 PM Subject: Re: [AFMUG] OT: Shark Tank I know of an investment group looking specifically to invest in WISPs. Jeff Broadwick ConVergence Technologies, Inc. 312-205-2519 Office 574-220-7826 Cell [email protected] On Oct 24, 2016, at 6:51 PM, Paul Stewart <[email protected]> wrote: I’ve heard that… hence my opinion that there are much better ways to get money if that’s the only motive for doing it…. I participated a couple of times in some nearby “angel investor” groups a few years back …. was looking for new ideas/investments - it was quite simple for those pitching ideas… no strings attached and if someone liked your idea then you went aside in private and discussed more details. if not, then at least some of the folks had a chance to pitch ideas…. On Oct 24, 2016, at 6:48 PM, Travis Johnson <[email protected]> wrote: It was one of her personal goals to get on Shark Tank, even before I got involved in the business. I can tell you now, after just getting the actual "deal" paperwork today (she filmed months ago), this is the absolute worst deal I have ever seen for a small business owner. Royalties, commissions, options to buy equity up to 3 years into the future, etc. :( Travis On 10/24/2016 2:02 PM, Lewis Bergman wrote: So it doesn't sound like she needs money since she has you. Going in for the publicity? On Mon, Oct 24, 2016 at 2:15 PM Jaime Solorza <[email protected]> wrote: ha funny guy Jaime Solorza Wireless Systems Architect 915-861-1390 On Mon, Oct 24, 2016 at 12:56 PM, Chuck McCown <[email protected]> wrote: But I gotta new old motorhome! From: Jaime Solorza Sent: Monday, October 24, 2016 11:40 AM To: Animal Farm Subject: Re: [AFMUG] OT: Shark Tank Crystal meth show has been done Chuck... Next!!!! On Oct 24, 2016 11:37 AM, "Chuck McCown" <[email protected]> wrote: I have something on the cooker. From: Gino Villarini Sent: Monday, October 24, 2016 11:17 AM To: Animal Farm Subject: Re: [AFMUG] OT: Shark Tank nice... when are we going to have a WISP venture there? On Mon, Oct 24, 2016 at 1:16 PM, Chuck McCown <[email protected]> wrote: Pretty cool. One of my favorite shows. -----Original Message----- From: Travis Johnson Sent: Monday, October 24, 2016 10:47 AM To: [email protected] Subject: [AFMUG] OT: Shark Tank Well... after four tryouts for Shark Tank, one of my investments made two years ago, Ecoflower, will be on the November 4th episode of Shark Tank. :) It has been an amazing two years... watching her grow this company from nothing to a multi-million dollar business (even before Shark Tank). When we first met her, she was building these flower bouquets in her apartment and selling them at farmer's markets. Now she has 60+ employees and she is in a 26,000sqft warehouse/office. Her passion and drive is sometimes overwhelming, but she makes things happen. :) http://sharktankblog.com/business/ecoflower/ Travis
