The Great Adventurer
Alpha
- Joined
- Jan 9, 2023
- Posts
- 547
At these prices I can buy cash flowing businesses IRL that have managers already in place running the show. Almost no time commitment from me.
When I inquire on the business I always ask for the Income Statement, Balance Sheet and Cash Flow Statements (I make this if they don't provide) for the last 3-5 years, then I forecast out 5-10 years to make an assessment on its viability. I also perform market research and do competitive analysis to get a better understanding of the growth potential.
Considering that if you're playing this game and generating revenues in excess of a $100/hr with these gear setups, where are your supporting financial documents showing what is being claimed in these posts? I would expect some damn good tracking if you're cycling those amounts. Yes, sometimes I have to sign an NDA to get the numbers when I inquire but I don't even see these types of things being offered.
Are any of those claiming prices here willing to provide the supporting financials? I guess it doesn't really matter since it can all be fudged. The only real way to know would be to get MindArk to provide the data but they won't so what? We're stuck in a marketplace covered by shadows. Essentially the dark web where you just hope you're getting what is advertised.
Edit: Imagine asking a business to see their financials and they say they can't show you how exactly they got to any numbers they claim because the authority, perhaps their Point of Sale system or the Government, which has the actual data is unwilling to disclose that data to you, them or anyone else or even confirm the numbers are correct or if the data the business was tracking is being tracked correctly. Who is willing to purchase that business? Gamblers.
When I inquire on the business I always ask for the Income Statement, Balance Sheet and Cash Flow Statements (I make this if they don't provide) for the last 3-5 years, then I forecast out 5-10 years to make an assessment on its viability. I also perform market research and do competitive analysis to get a better understanding of the growth potential.
Considering that if you're playing this game and generating revenues in excess of a $100/hr with these gear setups, where are your supporting financial documents showing what is being claimed in these posts? I would expect some damn good tracking if you're cycling those amounts. Yes, sometimes I have to sign an NDA to get the numbers when I inquire but I don't even see these types of things being offered.
Are any of those claiming prices here willing to provide the supporting financials? I guess it doesn't really matter since it can all be fudged. The only real way to know would be to get MindArk to provide the data but they won't so what? We're stuck in a marketplace covered by shadows. Essentially the dark web where you just hope you're getting what is advertised.
Edit: Imagine asking a business to see their financials and they say they can't show you how exactly they got to any numbers they claim because the authority, perhaps their Point of Sale system or the Government, which has the actual data is unwilling to disclose that data to you, them or anyone else or even confirm the numbers are correct or if the data the business was tracking is being tracked correctly. Who is willing to purchase that business? Gamblers.
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