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Originally Posted by LB
I considered this !
But dealing with him over a period of time I have noticed he tends to lack the ability to stick to things and finish them. He is an ideas man, but has great difficulty in actually doing that hard work. I would end up probably doing all the work and I already have a program that keeps me more than busy  |
If he is an ideas man then I would consider this:
Its people that make a succesful business not ideas. A hundred people can have a great idea but only one exceptional person would succeed.
If this guy has problems seeing things through then the WORST thing you could do is give him an easy ride by giving him the money. It takes away all the pressure because if he fails he loses your money not his. If however he has to raise the capital himself there is a much better chance he will see this through to the end and motivate himself a lot more. And you can always be there to offer a helping hand in the tough times. I have not been in the business long but I know starting an affiliate program would be fucking hard and that a helping hand would be worth its weight in gold.
From the amount of help you have given back to the adult WM community you need not feel guilty about not giving this guy money. The adult WM community is getting harder and harder to break into for newbies and if it was not for the help and advice of people like you so many webmasters would have failed. I have so many of your posts bookmarked and a few saved radio shows of yours too. You've already helped me quite a lot and I'm probably one of atleast a few hundred.
Think of all the webmasters you have helped over the years and what they would say if you asked them for a substantial loan for a questionable business idea. I could imagine getting a free linkback off many of the people you've helped would be hard enough!