Don't take this the wrong way BUT ---> if you spent less time on the
Internet you would soon get those people connected.

Been there, done that.
Lonnie

On 8/25/05, Brian Rohrbacher <[EMAIL PROTECTED]> wrote:
> I just have to find someone to do installs.  I have as many waiting to
> be hooked up as I have hooked up.  It's there for the taking, but I
> can't take it!  The search for help has started.
> 
> Tom DeReggi wrote:
> 
> >
> > Most ISPs shared that plan. But it rarely works that way, when you
> > want to grow your business.
> >
> >
> > Tom DeReggi
> > RapidDSL & Wireless, Inc
> >
> > IntAirNet- Fixed Wireless Broadband
> >
> > ----- Original Message ----- From: "Brian Rohrbacher"
> > <[EMAIL PROTECTED]>
> > To: "WISPA General List" <wireless@wispa.org>
> > Sent: Wednesday, August 24, 2005 10:33 AM
> > Subject: Re: [WISPA] Taking on an investor?
> >
> >
> >> I plan to be debt free in a year, so I hope to be ok.  Everyone all
> >> paid off and ready to roll.
> >>
> >> Matt Liotta wrote:
> >>
> >>> I wouldn't worry about it since the way you did it put the investors
> >>> at risk more so than you. There is a better way to do it and before
> >>> your company gets too successful you may want to visit a lawyer and
> >>> get things cleaned up.
> >>>
> >>> -Matt
> >>>
> >>> Brian Rohrbacher wrote:
> >>>
> >>>> Just typed up something on the laptop that said, "I owe you "this"
> >>>> much", and we both signed it.  Not fancy, but a little better than
> >>>> an oral agreement.  I won't miss a payment and will pay them back
> >>>> if it takes closing the WISP and working 3 jobs.  Missing payments
> >>>> is not an option.  Only if I'm laid up in the hospital.  Personal
> >>>> guaranteed? Well, I told them I will pay it back...  I know the
> >>>> agreement leaves a lot open, but I trust these 4 people.  Anyway,
> >>>> so they are not investors.  Lastly, lets just leave me be about
> >>>> this :)  I'd rather not try to defend a million questions about
> >>>> what if this and what if that. It is what I did and it is done.
> >>>>
> >>>> Charles Wu wrote:
> >>>>
> >>>>> that would be a loan
> >>>>> what type of collateral do they have? or what happens if you miss
> >>>>> a payment?
> >>>>> have you personally guaranteed the money?
> >>>>>  -Charles
> >>>>>
> >>>>> -------------------------------------------
> >>>>> WISPNOG Park City, UT
> >>>>> http://www.wispnog.com <http://www.wispnog.com/>
> >>>>> August 15-17, 2005
> >>>>>
> >>>>>     -----Original Message-----
> >>>>>     *From:* [EMAIL PROTECTED]
> >>>>>     [mailto:[EMAIL PROTECTED] *On Behalf Of *Brian
> >>>>> Rohrbacher
> >>>>>     *Sent:* Monday, August 22, 2005 10:20 PM
> >>>>>     *To:* WISPA General List
> >>>>>     *Subject:* Re: [WISPA] Taking on an investor?
> >>>>>
> >>>>>     Well, I guess we would call them loans as I have all control.
> >>>>> Correct me if I am wrong.  They gave me money at a fixed rate.
> >>>>> Loans or investments?
> >>>>>
> >>>>>     Charles Wu wrote:
> >>>>>
> >>>>>>     well...in determing their "dumbness" (assuming you're willing to
> >>>>>>     divulge this information) - what sort of investment / equity
> >>>>>>     share / control do your investors have?
> >>>>>>          I mean...assuming it's you and the other 4, does
> >>>>>> everyone have
> >>>>>>     an equal share? (which is a different story all together) or
> >>>>>>     does 1 single person have a majority share and the other 4 are
> >>>>>>     minority partners
> >>>>>>          -Charles
> >>>>>>          -------------------------------------------
> >>>>>>     WISPNOG Park City, UT
> >>>>>>     http://www.wispnog.com <http://www.wispnog.com/>
> >>>>>>     August 15-17, 2005
> >>>>>>
> >>>>>>         -----Original Message-----
> >>>>>>         *From:* [EMAIL PROTECTED]
> >>>>>>         [mailto:[EMAIL PROTECTED] *On Behalf Of *Brian
> >>>>>>         Rohrbacher
> >>>>>>         *Sent:* Monday, August 22, 2005 8:05 PM
> >>>>>>         *To:* WISPA General List
> >>>>>>         *Subject:* Re: [WISPA] Taking on an investor?
> >>>>>>
> >>>>>>         Well, I guess I found four "dumb" people that got me
> >>>>>>         started.  All my start up funds came from 4 people.  All
> >>>>>>         four were subs from a previous WISP I  owned,  (before my
> >>>>>>         partner took everything over and left me out in the cold)
> >>>>>> they all said, "I want you providing service, not the "other
> >>>>>>         guy".  So here I am.  7 months in and going strong.  Oh,
> >>>>>>         almost forgot, like my lawyer has me say......all that is
> >>>>>>         just my opinion.  ;-)               I think "dumb" investors
> >>>>>>         are great!
> >>>>>>                  Charles Wu wrote:
> >>>>>>
> >>>>>>>         sure
> >>>>>>>                  a passive minority equity position stake in a
> >>>>>>> privately
> >>>>>>>         held company is worthless, as legally, the person with the
> >>>>>>>         majority stake can make 100% of the decisions (in terms of
> >>>>>>>         purchasing, spending, cash distribution, etc)
> >>>>>>>                  think about it, if it was your money, would you
> >>>>>>> be willing
> >>>>>>>         to just "invest it" into a company when the majority
> >>>>>>>         partner can do whatever he/she wants to and you have no
> >>>>>>>         recourse?
> >>>>>>>                  -Charles
> >>>>>>>         -------------------------------------------
> >>>>>>>         WISPNOG Park City, UT
> >>>>>>>         http://www.wispnog.com <http://www.wispnog.com/>
> >>>>>>>         August 15-17, 2005
> >>>>>>>
> >>>>>>>             -----Original Message-----
> >>>>>>>             *From:* [EMAIL PROTECTED]
> >>>>>>>             [mailto:[EMAIL PROTECTED] *On Behalf Of
> >>>>>>>             *Dylan Oliver
> >>>>>>>             *Sent:* Monday, August 22, 2005 4:10 PM
> >>>>>>>             *To:* WISPA General List
> >>>>>>>             *Subject:* Re: [WISPA] Taking on an investor?
> >>>>>>>
> >>>>>>>             Charles,
> >>>>>>>
> >>>>>>>             would you expand on that?
> >>>>>>>
> >>>>>>>             On 8/22/05, *Charles Wu* <[EMAIL PROTECTED]
> >>>>>>>             <mailto:[EMAIL PROTECTED]>> wrote:
> >>>>>>>
> >>>>>>>                 FWIW...no invester (other than friends and family)
> >>>>>>>                 worth their salt will be
> >>>>>>>                 willing to invest capital into the company for a
> >>>>>>>                 minority position, as that
> >>>>>>>                 is basically a sure way to guarantee the loss of
> >>>>>>>                 their money
> >>>>>>>
> >>>>>>>                 That said, there is a fool born every day
> >>>>>>>
> >>>>>>>                 -Charles
> >>>>>>>
> >>>>>>>
> >>>>>>>             --             Dylan Oliver
> >>>>>>>             Primaverity, LLC
> >>>>>>> ------------------------------------------------------------------------
> >>>>>>>
> >>>>>>>
> >>>>>>>
> >>>>>>> No virus found in this incoming message.
> >>>>>>> Checked by AVG Anti-Virus.
> >>>>>>> Version: 7.0.338 / Virus Database: 267.10.14/79 - Release Date:
> >>>>>>> 8/22/2005
> >>>>>>>
> >>>>>> ------------------------------------------------------------------------
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>> No virus found in this incoming message.
> >>>>>> Checked by AVG Anti-Virus.
> >>>>>> Version: 7.0.338 / Virus Database: 267.10.14/79 - Release Date:
> >>>>>> 8/22/2005
> >>>>>>
> >>>>> ------------------------------------------------------------------------
> >>>>>
> >>>>>
> >>>>>
> >>>>> No virus found in this incoming message.
> >>>>> Checked by AVG Anti-Virus.
> >>>>> Version: 7.0.338 / Virus Database: 267.10.14/79 - Release Date:
> >>>>> 8/22/2005
> >>>>>
> >>>
> >> --
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> >> 8/23/2005
> >>
> >
> --
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-- 
Lonnie Nunweiler
Valemount Networks Corporation
http://www.star-os.com/
--
WISPA Wireless List: wireless@wispa.org

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