"I believe this firm goes to make a killing..."
“I believe this firm goes to make a killing…”
My brother, an acute businessman and proprietor of a building agency, not too long ago instructed me he was considering of placing a number of grand right into a small, comparatively unknown firm. It trades over-the-counter and sells exercise powders, like whey protein.
His remark wasn’t a remark in any respect, although. It was a veiled query: ought to I proceed with the funding? He was searching for validation.
I used to be conversant in the corporate and its merchandise. My brother and I even knew one of many founders.
But it surely did not take me lengthy to show that this was a nasty funding.
I requested my brother, “Would you go into enterprise with this man on a housing mission?”
“Completely not,” he mentioned, nearly instantly. “The man was sued by the Meals and Drug Administration in his earlier endeavor, and he is not somebody that I’d need to accomplice with… ever.”
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