sigh - I have an investor - damn - Home Brew Forums
Register Now For Free!

Home Brew Forums > Home Brewing Beer > General Beer Discussion > sigh - I have an investor - damn

Reply
 
Thread Tools
Old 05-15-2009, 11:10 AM   #1
Grinder12000
HBT_SUPPORTER.png
Recipes 
 
Jul 2008
Columbus WI
Posts: 2,995
Liked 42 Times on 35 Posts



said he would front me $250K. Sadly - I'm not sure I WANT too!!

for one thing - I can retire in a year (55) - NOT work and have a great living making almost what I make now! OR - I can make a hobby into a job - work VERY hard with stress.

No response needed - just trying to wrap my brain around this.
__________________
Grinders Island Brewery - Pipeline

145 batches and counting

West Coast Blaster #4 almost go and on tap and a Dbl Chocolate Stout aging/carbing. Brewing East India Porter #4

 
Reply With Quote
Old 05-15-2009, 11:12 AM   #2
LakeErieBrew
 
LakeErieBrew's Avatar
Recipes 
 
Nov 2008
Sheffield Lake, Ohio
Posts: 269
Liked 5 Times on 5 Posts


Someone's offering you $250K...nice problem to have.

 
Reply With Quote
Old 05-15-2009, 11:59 AM   #3
SmugMug
Recipes 
 
May 2009
Alabama
Posts: 654
Liked 3 Times on 3 Posts


Quote:
Originally Posted by LakeErieBrew View Post
Someone's offering you $250K...nice problem to have.
There's a lot of stress and pressure behind that $250k though. You really have to weigh that debt against what you have to gain, lose, and work for. And I've seen first hand what can happen when you go from hobby to work. Work is work. If you miss the mark, then making up that deficit to your investor(s) is all on you one way or another.
It's a lot to think about.
__________________
-------------------------------------------------------------------
Poor planning on your part doesn't necessitate an emergency on mine.

Beer: Is there anything it can't do?

 
Reply With Quote
Old 05-15-2009, 12:10 PM   #4
MikeG
 
MikeG's Avatar
Recipes 
 
Mar 2008
Atlanta, GA
Posts: 997
Liked 8 Times on 7 Posts


Yikes, I'm hoping I can retire at 55. Actually 45 but it isn't going to happen. I don't see how you could start a business like that and not put your heart and soul but even in 5 years could you actually start to pass the reigns on to somebody else? Best of luck.

 
Reply With Quote
Old 05-15-2009, 12:11 PM   #5
Laughing_Gnome_Invisible
 
Laughing_Gnome_Invisible's Avatar
Recipes 
 
Jan 2008
Posts: 12,250
Liked 697 Times on 513 Posts


No input needed, I know......


BUT DON"T DO IT!!!!!!!!!

 
Reply With Quote
Old 05-15-2009, 12:15 PM   #6
BioBeing
 
BioBeing's Avatar
Recipes 
 
Jan 2009
Memphis, TN
Posts: 1,520
Liked 10 Times on 9 Posts


Well, $250K for WHAT? Is that even enough? What would he get in return? What would be your responsibilities? You would need all that written up clearly up front! Could you retire first and then start this venture? But if you don't want to, then it really isn't an issue, is it?

 
Reply With Quote
Old 05-15-2009, 12:17 PM   #7
SmugMug
Recipes 
 
May 2009
Alabama
Posts: 654
Liked 3 Times on 3 Posts


The biggest question is: how quickly does your investor expect to see a return? ANY new business can expect to be in the red for 2 years and that's with an immediately available product.
__________________
-------------------------------------------------------------------
Poor planning on your part doesn't necessitate an emergency on mine.

Beer: Is there anything it can't do?

 
Reply With Quote
Old 05-15-2009, 12:29 PM   #8
Brewmasters Warehouse
 
Brewmasters Warehouse's Avatar
Recipes 
 
Mar 2007
Atlanta, GA
Posts: 1,818
Liked 29 Times on 21 Posts


That certainly is a lot to wrap your head around. If there is anything I can do to give you some insight on owning and running a homebrew store please let me know.
__________________
Brewmasters Warehouse

Purchase a recipe with Brew Builder and save 10% off the recipe. Use discount code: BBBYO

Become a fan of BMW on Facebook.

 
Reply With Quote
Old 05-15-2009, 12:44 PM   #9
The Pol
Recipes 
 
Feb 2007
Posts: 11,454
Liked 96 Times on 81 Posts


Seeing as though $250K is the mark for building a small brewery... I presume that is what you are referring to.

I cannot tell you what to do, I am certain that if I were in that position that I would have a hard time making the GO, NO GO decision. Luckily, my complete lack of skill and inattention to detail keeps people with money at bay.

Okay you are looking to retire and taking on what ammounts to $250K worth of debt, or more. You are taking on $250K of someone elses debt. Would this venture preclude you from doing many other things that you would enjoy in retirement? Just some thoughts.

 
Reply With Quote
Old 05-15-2009, 12:44 PM   #10
Boerderij_Kabouter
 
Boerderij_Kabouter's Avatar
Recipes 
 
Dec 2007
Oconomowoc, Wisconsin
Posts: 7,756
Liked 148 Times on 120 Posts


A famous brewing quote comes to mind:

"How do you make a small fortune brewing? Start with a large fortune."

If you will be financially responsible in any way, I would not risk your retirement. If there is no downside, and you will just be the brewer, I say go with your gut.

 
Reply With Quote
Reply
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
After Only 4 Batches I have an Investor? WAH? Nitsua General Beer Discussion 71 04-02-2009 03:16 PM
nothing to do, sigh JWHooper Beginners Beer Brewing Forum 6 08-03-2008 10:38 PM
sigh, what yeast to use?? PUD Recipes/Ingredients 3 05-16-2008 11:40 PM
damn, the Jews can make a damn good beer! beta pleated sheet Drunken Ramblings and Mindless Mumbling 6 03-18-2008 10:42 PM
Damn damn damn... boil without grain bag? Cap'n Jewbeard General Techniques 11 07-17-2006 02:16 PM


Forum Jump