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Updated over 4 years ago on . Most recent reply
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What do exp. investors look for in a rookie willing to partner.
Hey UT BP users!
I’m curious what experienced investors in the area look for in a partner. Also, how willing those experienced investors are to partner with a rookie/new investor. For example, what does the ideal partnership with a rookie look like to you? Why? What do you want the rookie to bring to the table? Money? willingness to learn? What if they bring a deal to you? Are you willing to go in 50/50 on that deal and what is that 50/50 (would you be willing to take a deal that a rookie found and fund it then split the difference 50/50?)
These have been recent questions running through my head at the moment. I’m really curious. I think this life is much better when we use interdependence. Looking forward to the replies.
Most Popular Reply
@Carlin Barney, someone who is going to help me make money without wasting a lot of my time.
Bringing a deal is certainly valuable, but 50/50? Maybe, maybe not. If I'm funding the whole thing (i.e. taking all the risk) working the whole deal (i.e. leveraging my knowledge and experience) and teaching you along the way (i.e. working for free) then what are you doing to earn your 50%? If I am in need of a deal then maybe, or if it is a screaming good deal which rookies rarely actually have, OK. But bottom line is you need to bring exceptional value because if I don't need the deal then I don't really need you.
I don't want to sound too harsh, but there are a ton of people looking for mentors that are really just looking for free education and honestly will probably never do anything with it.