Thanks for that suggestion. Mergers and acquisitions sound good. I'm just floored by this big amount that will be available to me all of a sudden so I'm open to all ideas.

I've always liked the idea of being in a toll gate position.

I love your response, that's the samr thing I was thinking

Exactly - what bank is giving out 13M with no business plan lol?

Not expecting everyone to take me seriously.

But those who understand banking instruments and are 'in the know' know that such deals can be done.

Exactly.

This is such a weird thread.

You could buy this super dooper product that i am about to release that teaches you how to double your money in 5 years. And guess what? it normally costs $13m but today only it is for sale for just $9.95m.

That is sure to get you somewhere fast

LOL AMEN !

lol u beat me to it

LMAO.... Almost choked on my midnight snack. (Milk and cookies)...

Lol that's a good one!

Hahahaha ! You made my day ! I really don't hope this guy is expecting money this to me coming & he is making plans to invest it.

The reason I'm not executing the plan is because the banker couldn't care les what the plan is.

All the parties are in this because of the incentives . Wink wink.

So we are just striking it while it's hot. Get the capital first. Talk later

So I don't wanna rush into deciding on the businesses.

I'm here in wf to tap into the great minds of you warriors.

But alas, there's only 1 great suggestion so far which is m&a.

The rest of you are just ridiculing me! Lol

But then again, yes this sounds too good to be true I get it.

So I don't blame the responses. Just hoping to get more ideas!

Ps- as for the business plan, what I eventually do doesn't need to be what was submitted as part of proposal.

One more thing. You guys must be thinking why the hell am I asking this in wf ?

Well I learnt a lot from this forum and trust what I read here. So yeah, that's why I asked. No harm asking right?

What's the interest rate....20+%???

I'd suggest you break both wrists so you can't sign on the dotted line. Yes, I am poking fun because no trustworthy bank lends that kind of money without detailed plans for what you WILL do with the money.

No business person borrows that kind of money without a serious plan in place for how to repay double the amount in five years.

...and given the above, not having $26mil in 5 years could be very, very bad

Not me. I would not want that job.

It actually could be a real thread - and if it is, I suspect odium will be doing time in a Federal prison in 5 years on multiple securities violations and fraud, although not entirely his fault.

Here's how these things usually go... someone well connected starts a hedge fund and convinces a bunch of investors to invest in the fund. Some of these funds can get into the hundreds of millions, or even billions. The bankers managing the fund would then use that large pool of money to make investments (PIPES, Startups, whatever) and any gains and losses are divided among the contributors to the fund based on the percentage of their contribution, and the bankers charge a fee to the company they raised money for. So if I needed to raise $1 Million in capital, I make my pitch, the bankers do their due diligence regarding the viability of my plan, etc. and if they decide to give me the capital then the fund gets an equity stake in my company, or a note that will be converted to a debt at a future date (which sounds like the case here) and the bankers charge me a fee for the raise. So the fund would give me $1 Million, but from that $1 Million I pay the bankers a fee of $50k-$70k.

In a LEGAL operation, that's how it works and it's how they make their money.

In an ILLEGAL operation, the bankers only care about getting their commission and don't care if the investors who invested in the fund lose their money. So instead of doing their normal due diligence, they just invest in every plan that looks decent on paper but without any regard for the founders ability to execute - and in some cases DELIBERATELY funding deals they know won't be executed, making the Entrepreneur the fall guy. This is ideal for them, because they get their commission on the capital raise on the front-end, and when it all falls apart they can point the finger back at the company they gave the money to and say "THIS was the business plan we were investing in but the guy never executed"...

Guess who all of those angry, wealthy investors are going to sue? It won't be the fund managers. It will be you.

And here's the real kicker... it's not like you can say "They KNEW I wasn't going to execute this plan", because the minute you say that you just ADMITTED you were committing fraud, so any efforts to point the finger back at them will almost certainly lead to jail time for you. Three years would be the minimum. Depending on the amount, who was invested in the fund, and who they're connected to politically, it could be longer.

I hate to say it man, but odium, if any of what you posted is true, you should get as far away from these people as possible and don't take a penny from them.

Well that's my goal to pay back in 5 years. It's not a fixed tenure, just my choice.

That's why the importance of having close relationships with bank managers. Loans can be stretched out.

That's because no one believes that a bank would lend you $13m without any strings attached.

So is it USD$13M or IDR$13M?

Just hit the button on the original post, and tell the mods why you think it should be closed or nuked.

Darn, so does this mean I am too late to ask you for advice on my $80 Million Credit Line that I just received?

No seriously I did!!

13 Million is profit - that's a lot of acne man.

G.

ok with all the mediocre responses in here, you just blew everyone out of the water.

This advice above my friends is the smartest thing you will read all week. I guarentee it.

What do gurus do to make large amounts of money.

BUILD A LIST!

What is the most highest form or targeted traffic.

COMES FROM YOUR LIST!

What is the easiest way to make sales.

SEND AN EMAIL TO YOUR LIST!

do I need to go on......

* Mergers and Acquisitions;
* Real Estate; and
* Buying small start-ups with real potential.

These were all good suggestions made in this thread, so it wasn't a waste at all.

This was not pitched as a creative exercise. Had it been pitched that way, the answers might have been very different.

This thread was pitched as a factual, "the bank gave me 13m, but I am going to spend the money on something other than what I pitched the bank loan officer."

And, "it is all legal, because I networked with the bank manager... Wink, wink..."

Others suggested that the OP would be on his own if this thing fell apart on him. His co-conspirators at the bank would disown him if he was unable to pay back the loan at the end of the term. Once again, excellent advice for someone who seems to believe that it would not considered fraud if he used the money for some reason other than stated on his loan application and he lost all that money.

you sound like the guy who thought the $30,000 in a week post was a great exercise. Are you him under an different IP?

Another note: If someone (not you), need an exercise on what to do with $13 million then I would have to say they're a fool. If they dont know what to do with it I sure as hell do, and, they can contact me if they actually have the money and is willing to work out some deal with me.

The WSO section is overflowing with product owners looking to line their pockets selling direct to consumer. They aren't wasting bandwidth asking questions. They are selling via direct sales page. If I am going to ask a question relating to $13 million I may ask who the industry experts are in _______ field so I can contact them, but, that would be the extent of my asking.

Again, if a man doesnt know what to do with $13 million then he doesn't deserve it. How hard is it to get off your arse, seek out experts, or, hire a marketing research company/researcher, or, find a consultant to provide infrastructure to help you along.
Find talent and leverage.
I dont see what the problem is....If anything I find it more difficult trying to figure out how to make money with little resources because you need to have skillsets, and, also be very creative all while doing it alone. Trying to make lemonade out of lemons is hard.

Big resources? No problem, less you're Warren Buffet, then, it can get challenging because you have a bunch of shareholders, and, already cornered markets, and, it gets to a point where it becomes difficult to make high margins especially, as industries economies mature from around the world.
That's why I asked him his chat ID.

A fool and his dream/money is going to depart regardless.

Bankers lose billions daily investing and lending it out to the wrong ideas and ventures. So, it would not surprise me that the OP did get access to some form of $13M credit line. That is nothing. It's just a credit line and basically anyone with a half-baked business idea and some wits can get access to some credit.

But, in IM, it is not about the capital, but rather about the idea. Due to the unique business constraints of IM, which is particularly asset/capital light to get it off the ground, having too much capital would only be a disadvantage since it makes the individual complacent and causing for wasting away the capital into unrefined online ventures.

Businesses began with $1 in startup budget have gone on to be billion dollar businesses, while businesses that began with $1B dollar startup budgets have gone on to be worth $0. Thus, focus on the idea and if the idea is good, the capital will always be there.

careful with the advice about how one should go about conspiring to commit fraud...not too smart.

BTW, I am not a lawyer or qualified to give legal advice.

In some parts of the world, 13 is the most luckiest number. I guess you get what you want out of the "numbers".

3 Step Plan:
1) Invest heavily in General Motors and the USPS.
2) Put some money on the Cubs to win the world series.
3) Go to Vegas and put the rest on "black".

That would be completely different thread if it was true what you said i.e.

If that thread was like , let's IMAGINE guys, what if you have $13Mil.... what will you do?
But this thread is completely different, as OP has conditioned this thread something FACTUAL and non-imaginary case..... Here is this thread in its SECOND life... where pretend, imagine , exercise is possible with no legal issues
http://www.warriorforum.com/main-int...ll-you-do.html

[DELETED]