How to find the perfect opportunity

I have learned through the expense of time and money, there has to be a better way. But where, and more importantly, how will know if you have found it. I have endeavored to get my mind around this simple question, that is anything but simple. So I have come up with a test that will assist in providing that answer, and the success that comes with it.

When looking at any business opt it is important to look at the owners of the company. You will find that just in our day to day lives, it has become more difficult to find Honesty and Integrity. But that is exactly what we are looking for. Unfortunately many people through their hard earned money to people they don’t know. And yes, I have thrown thousands to owners of companies, only to get ripped off. The only way that I have discovered in the determination of the Honesty and Integrity of an owner, is to talk to them. As you do keep note if questions are being answered or being side stepped.

After you have found a Honest owner that stands out with Integrity, look at the cost verses the Return on Investment. To do this you will figure how much money you will have to pony up and for how long You have to be honest about this part. If you are not you will end up spending money that you don’t have and that you might never see again. Look at it as an investment strategy. As in all investments there are levels of risk. Your level of risk can be controlled by doing your home work and maintaining a budget.

Lets say you have a business owner that through your investigation, you have determined to be worthy of your investment. Lets say this owner says you need $100 a month, and you will be making at least $100 a month with in 4 months, to cover your cost. Every month after that, holds profit for you. In this sanareo we can expect our investment to be no more than $400 dollars over a 4 month period. On the fifth month our cost should be covered and we would expect to start making money above the cost. All considered this would appear to be an excellent investment. But that is looking from a financial point of view only.

The other part of investment is your time. Leverage of your time is critical to the success of your investment success. It would be excellent if you could find an owner with a company that will work for you 24/7. And that should be your goal. The reason is when you are not working, another is on your behalf. Yes I am talking about Team Work. This is critical to success and if you can find a company that offers this, with the above holding true, jump on it. Look at it like this. Lets say that each week you can devote 4 hours to your investment business. That’s 208 hours a year or 5.2 40 hour work weeks. If anyone could jump on the internet and with only 5.2 weeks of work make a ton of money, there would be no poor people on the internet. This is were we all fall short on our quest for success. But imagine you have a team of say 100 people working the same 4 hours for the team. That’s now 400 hours a week or 20800 man hours a year. You have now leveraged you 4 hours a week to 10 work weeks each and every week. This is the way to succeed in your quest, leverage.

I have been doing analysis of companies and their owners to see if they can pass my test. And yes I have found one that has meet all the test requirements. I am currently waiting to see if the ROI is there. But I will have to admit so far, it has been performing exceptionally well.

Remember stay the course and do your homework. Do not invest blindly with those who would take your money and run. Be smart about your business goals and success measures.

Wayne Loomis, SLCash Investments Analysis Division

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