If I could give you 100% of your current annual salary in cash right now, would you trade me 10% of your earnings over the next 10 years?
-
-
In that case, no.
-
Further explanation. I'd consider on all earning for 10 years at a reduced percentage (certainly under 5 percent) or at 10 percent for a reduced term. Or at the terms set for earned income but not capital gains. Or at terms set but for the price of anticipated peak year income.
-
Damn, now I'm mulling it over again. I mean, your proposal could easily cost more than a loan if things go wildly well--even to the point of wiping out ten percent of equity I could use to attract other investors.
-
But at the same time you are taking a risk of seeing negligible return if I don't earn at all over ten years. Back of my head says this is pretty fair. It's not eternal, ten years is a long time but fixed. In principle, there's a lot to like about the arrangement.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.