What would you do when you die?

DotComBum · 02-07-2009, 03:30 AM

Suppose you have built up a successful Internet business, what would you do with it if you are going to pass away?

allenjohn · 02-07-2009, 03:47 AM

Hi - Great question. Depends if your passing is sudden. If so, I suspect that a lot of the business would slowly die, as most of us keep a lot of in our heads. If you had time to plan, then train and leave to a loved one, or sell and leave proceeds to loved one or worthy cause. My 2c worth. All the best, Allen

islander1 · 02-07-2009, 03:49 AM

Leave to wife and kids

JayXtreme · 02-07-2009, 03:49 AM

My business and assets are arranged to pass to my Fiancee right now.. with a percentage share for my daughter (assuming we don't have more children), the percentage share will increase in 1% increments until my daughter is 20 years, at which point she will have the majority.

But you ain't gettin' rid of me that easily

I'm here to haunt y'all for a long time yet...

mruhahahahaha

Peace

Jay

Mangozoom · 02-07-2009, 03:52 AM

Well my single aim in life is to hear the words 'Well Done Good and Faithful Servant'

What happens with stuff this side of the fence does require attention but as someone VERY famous once said What good is it for a man to gain the whole world but lose his soul.

John

BlueJam · 02-07-2009, 06:05 AM

I'd try to sell it and then either spend or pass on the cash.

Jassim · 02-07-2009, 06:36 AM

This is nothing in our hands. Death will come sudden even in next second, we can't do any planning instantly. But you know that we all will die one day, so i make some plans like train someone to look after my online business, that may be my wife or children or even my close friends.

RobinInTexas · 02-07-2009, 07:24 AM

I would sell it and invest the proceeds in acting out my "bucket list"

(Funny you bring the subject up, I just watched the movie a couple of days ago)

Traffic-Bug · 02-07-2009, 07:29 AM

Just like any other normal business. heirs will get it..

Damz · 02-07-2009, 07:44 AM

I'm a Buddhist.According to Buddhism You have another life after death. It's true.Unless you attain Nirvana in this life[It's very very very hard to achieve] ,you will born in next soul according to the good/bad things you did.

So do some good works ,donate for charity,Be good unless you will burn your soul in hell ..may be for ages...

artwebster · 02-08-2009, 01:45 AM

Suppose you have built up a successful Internet business, what would you do with it if you are going to pass away?

Sorry to disappoint you but there is no 'suppose' about it. You are going to pass away.
If you have sufficient notice of when that passing will be you can do anything you like with your business, sell it, give it away, close it down and so on. If that is your position, bear in mind that if your doctor tells you that you will die in six months he is not saying that you will definitely be dead in six months time nor is he guaranteeing that you won't die within the next six months - you could be killed by a falling roof tile as you leave his office!

Your business is one of the assets that you should be making forward planning for either in the form of a will or the creation of a management trust to be activated upon your demise.

meisters · 02-08-2009, 07:53 AM

Quote:

Originally Posted by DotComBum

Suppose you have built up a successful Internet business, what would you do with it if you are going to pass away?

I will pass on my business to my wife and children.

Bryan Zimmerman · 02-08-2009, 07:57 AM

Quote:

Originally Posted by artwebster

Sorry to disappoint you but there is no 'suppose' about it. You are going to pass away.

HA! Speak for yourself. I'm going to live FOREVER!!!!

sorry, just couldn't resist.

doberman · 02-08-2009, 07:57 AM

Pass it on to my legacy, My purpose, my Victory

TimRobinson · 02-08-2009, 08:09 AM

I'll cover it in dodgy porn, spam and viagra buttons and banners, with as many flashy links, popups and annoying bits and pieces as possible.

Don't have a reputation to lose eh?

Jagged · 02-08-2009, 10:03 AM

The entire business is in my girlfriend / life partner's name....for which i began this all in the first place. She has a form of "macular degeneration" which effects her sight an will eventually cause blindness...anyways...she can't drive or work a normal type job, so i set her up online. She is involved every step of the way, so she will be well versed when that time comes....which unfortunately for me was almost as early as last week...lol
I woke on 1/28 with chest pains, not serveer but none the less....went to the emergncy room and was amitted imediately...spent 4 days in the hospital, doctor said i suffer a mild heart attack....gave me 2 stents...makes you think!! I'm glad i have things arranged the way I do...the things that run through your mind while laying in a hospital....lol at least i know that she will be cared for when my time comes...

Ken

02-07-2009, 03:30 AM	#1
DotComBum Advanced Warrior Join Date: Sep 2008 Location: Singapore Posts: 567 Blog Entries: 5 Thanks: 3 Thanked 34 Times in 33 Posts Social Networking	What would you do when you die? Suppose you have built up a successful Internet business, what would you do with it if you are going to pass away?
	Need to advertise your IM offer? 728x90 and 468x60 banner space available on Internet Marketing related forum, PM me.

02-07-2009, 03:47 AM	#2
allenjohn Senior Warrior Member War Room Member Join Date: Nov 2008 Posts: 1,459 Thanks: 119 Thanked 120 Times in 104 Posts Social Networking	Re: What would you do when you die? Hi - Great question. Depends if your passing is sudden. If so, I suspect that a lot of the business would slowly die, as most of us keep a lot of in our heads. If you had time to plan, then train and leave to a loved one, or sell and leave proceeds to loved one or worthy cause. My 2c worth. All the best, Allen
	Make Money with Niche Blogs Auto Profit - Let us build YOUR auto blogging empire for you. BUY BACK GUARANTEE for Gold Orders! FAQ - NEW! - One Way Link Building Service

02-07-2009, 03:49 AM	#3
islander1 Active Warrior Join Date: Jan 2009 Location: Minnesota Posts: 88 Thanks: 1 Thanked 15 Times in 6 Posts	Re: What would you do when you die? Leave to wife and kids

02-07-2009, 03:49 AM	#4
JayXtreme Lookin at You.... War Room Member Join Date: May 2008 Location: Out Of My Mind - Brandy Too Posts: 4,120 Blog Entries: 3 Thanks: 2,885 Thanked 1,344 Times in 710 Posts Social Networking	Re: What would you do when you die? My business and assets are arranged to pass to my Fiancee right now.. with a percentage share for my daughter (assuming we don't have more children), the percentage share will increase in 1% increments until my daughter is 20 years, at which point she will have the majority. But you ain't gettin' rid of me that easily I'm here to haunt y'all for a long time yet... mruhahahahaha Peace Jay
	Bare Murkage.........

02-07-2009, 03:52 AM	#5
Mangozoom Advanced Warrior War Room Member Join Date: Jun 2008 Location: , , . Posts: 991 Blog Entries: 1 Thanks: 55 Thanked 171 Times in 97 Posts Social Networking	Re: What would you do when you die? Well my single aim in life is to hear the words 'Well Done Good and Faithful Servant' What happens with stuff this side of the fence does require attention but as someone VERY famous once said What good is it for a man to gain the whole world but lose his soul. John

02-07-2009, 06:05 AM	#6
BlueJam Active Warrior Join Date: Feb 2009 Posts: 35 Thanks: 0 Thanked 1 Time in 1 Post	Re: What would you do when you die? I'd try to sell it and then either spend or pass on the cash.
	Wakefield Photographic Studio

02-07-2009, 06:36 AM	#7
Jassim HyperActive Warrior War Room Member Join Date: Jan 2009 Posts: 160 Thanks: 1 Thanked 10 Times in 10 Posts Social Networking Contact Info	Re: What would you do when you die? This is nothing in our hands. Death will come sudden even in next second, we can't do any planning instantly. But you know that we all will die one day, so i make some plans like train someone to look after my online business, that may be my wife or children or even my close friends.

02-07-2009, 07:24 AM	#8
RobinInTexas ɹoıɹɹɐʍ ǝʌıʇɔɐɹǝdʎɥ War Room Member Join Date: Dec 2008 Location: Texas Posts: 239 Thanks: 54 Thanked 21 Times in 19 Posts Social Networking Contact Info	Re: What would you do when you die? I would sell it and invest the proceeds in acting out my "bucket list" (Funny you bring the subject up, I just watched the movie a couple of days ago)
	Robin ...Even if you're on the right track, you'll get run over if you just sit there.

02-07-2009, 07:29 AM	#9
Traffic-Bug Senior Warrior Member Join Date: Jan 2009 Location: Oregon Posts: 1,196 Thanks: 3 Thanked 69 Times in 61 Posts Social Networking	Re: What would you do when you die? Just like any other normal business. heirs will get it..

02-07-2009, 07:44 AM	#10
Damz HyperActive Warrior Join Date: Dec 2008 Posts: 235 Thanks: 41 Thanked 59 Times in 33 Posts	Re: What would you do when you die? I'm a Buddhist.According to Buddhism You have another life after death. It's true.Unless you attain Nirvana in this life[It's very very very hard to achieve] ,you will born in next soul according to the good/bad things you did. So do some good works ,donate for charity,Be good unless you will burn your soul in hell ..may be for ages...

02-08-2009, 01:45 AM	#11
artwebster Brutal honesty's me Join Date: Sep 2008 Location: Coín, Spain Posts: 1,032 Blog Entries: 4 Thanks: 33 Thanked 251 Times in 138 Posts Social Networking Contact Info	Re: What would you do when you die? *Suppose you have built up a successful Internet business, what would you do with it if you are going to pass away?* Sorry to disappoint you but there is no 'suppose' about it. You are going to pass away. If you have sufficient notice of when that passing will be you can do anything you like with your business, sell it, give it away, close it down and so on. If that is your position, bear in mind that if your doctor tells you that you will die in six months he is not saying that you will definitely be dead in six months time nor is he guaranteeing that you won't die within the next six months - you could be killed by a falling roof tile as you leave his office! Your business is one of the assets that you should be making forward planning for either in the form of a will or the creation of a management trust to be activated upon your demise.
	You might not like what I say - but I believe it. Build it, make money, then build some more Some old school smarts would help - and here's to Rob Toth for his help. Bloody good stuff, even the freebies!

02-08-2009, 07:57 AM	#14
doberman doberman Join Date: Dec 2008 Location: Milford, CT Posts: 53 Blog Entries: 1 Thanks: 1 Thanked 9 Times in 5 Posts Social Networking	Re: What would you do when you die? Pass it on to my legacy, My purpose, my Victory
	Réal is an expert at helping people achieve thier Dreams & Goals. We will lock arms and I will show you how to explode your business. I will literally walk you through your journey to a 7 Figure income. www.realmlmsolutions.com STALK ME ON TWITTER

02-08-2009, 08:09 AM	#15
TimRobinson HyperActive Warrior War Room Member Join Date: Mar 2007 Location: Brisbane, Australia Posts: 394 Thanks: 15 Thanked 14 Times in 13 Posts Social Networking Contact Info	Re: What would you do when you die? I'll cover it in dodgy porn, spam and viagra buttons and banners, with as many flashy links, popups and annoying bits and pieces as possible. Don't have a reputation to lose eh?
	Free Visual Split Testing and Heatmapping software that will rapidly increase your copywriting results (and profits) by giving you access to successful and failed tests hundreds of others have run

02-08-2009, 10:03 AM	#16
Jagged Ken Perry War Room Member Join Date: Aug 2008 Location: Tucson, Phoenix AZ Posts: 844 Blog Entries: 11 Thanks: 151 Thanked 406 Times in 197 Posts Social Networking	Re: What would you do when you die? The entire business is in my girlfriend / life partner's name....for which i began this all in the first place. She has a form of "macular degeneration" which effects her sight an will eventually cause blindness...anyways...she can't drive or work a normal type job, so i set her up online. She is involved every step of the way, so she will be well versed when that time comes....which unfortunately for me was almost as early as last week...lol I woke on 1/28 with chest pains, not serveer but none the less....went to the emergncy room and was amitted imediately...spent 4 days in the hospital, doctor said i suffer a mild heart attack....gave me 2 stents...makes you think!! I'm glad i have things arranged the way I do...the things that run through your mind while laying in a hospital....lol at least i know that she will be cared for when my time comes... Ken