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The Awful Deals
- media putz
Posted in Awful Business Plans on 20 Nov 07 by roadscholar.
Did you hear the one about the media CEO in Colorado who wanted to raise money in two rounds?
The first round was for $1 million.
The second round was for $1 billion
Read This Deal » - family feud
Posted in Awful Partners on 06 Nov 07 by roadscholar.
Once there was this family on a tropical Island. The family had hundreds of acres of waterfront property that they could build on, yet they had no cash to do this.
The easy fix to that … Read This Deal » - See if you can guess this company's industry.
Posted in Awful Partners on 27 Oct 07 by roadscholar.
I was offered a business opportunity with a new firm. The firm had the following problems:
1) They were under-capitalized. They were only at 10% of goal for year's end, … Read This Deal » - No Money Down
Posted in Awful Investments on 25 Oct 07 by daphnedianne.
I had a client come to me looking for a loan to buy a half finished condo project in a declining market. He had experiance with a project like this, no money down and needed about $10,000,000 to buy a… Read This Deal »
- Blindsided by sunglasses
Posted in Awful Business Ideas on 21 Oct 07 by bpw89.
When I was in junior high, I hatched my first online business idea: selling fake Oakleys. The startup money ($100) came from my dad, as a bribe for good grades. I quickly bought a dozen pairs from a q… Read This Deal »
- garbage men
Posted in Awful Business Plans on 21 Oct 07 by roadscholar.
there was this firm that made incinerators, and they wanted to sell them all over the world. But they wanted to: "sell them, and get out." They had no desire to deal with any follow up or c… Read This Deal »
- skiing in Holland???
Posted in Awful Business Plans on 18 Oct 07 by roadscholar.
there was this group that wanted to to start a ski rental business, and ski school in The Netherlands. Did they know that The Netherlands is flat, and that the nearest mountains were 5 hours away?… Read This Deal »
- Gassed
Posted in Awful Customer Service on 18 Oct 07 by jvenerable.
The first and only time I sat in my car while I pumped gas, the safety lock decided not to work and all of a sudden, gas was spewing everywhere. I climbed through the passenger door, ran into the stor… Read This Deal »
- learn to sell for god's sake!
Posted in Awful Sales People on 13 Oct 07 by schmoil.
years ago, i witnessed a start up trading company filled with Morons.
On one pitch, the prospect didn't want to pay any up front fees for this firm's services. they only wanted to pay a… Read This Deal » - why patent it when no one can say it?
Posted in Awful International Deals on 13 Oct 07 by schmoil.
Let's call the company LsL. they wanted to sell their product in China. They were worried that they should patent and trademark the company name.
This made no sense, as Chinese cannot … Read This Deal » - No plan, no clue
Posted in Awful Business Plans on 08 Oct 07 by schmoil.
On one deal, a firm came to me looking for money. They had no business plan, no strategy, no budget, and no real way to make the investors happy. When we explained that this was unacceptable, they tol… Read This Deal »
- The Drunk CEO
Posted in Awful Bosses on 08 Oct 07 by schmoil.
Once, when a group of us tried to do a hi-tech healthcare start up, we found out the CEO was nipping at the old bottle.
This is never good, as alcoholism and dishonesty go hand in hand.… Read This Deal »
