Just a quick question that no one seems to of asked. How much where the buisness contacts worth? Did they single handidly catapult you to sucess? was this something that really only that person could do?
Where those contacts worth $10,000 or however much he is asking? Is there another way to repay him? Why not show him a few of your contacts that could potientially make him the money he needs? 10k is a big investment, did he try the bank, why didn't they loan it to him?
I'm a bit shrewd when it comes to deals, and even more when it comes from friends. I've always been over generious, and try to give back twice that of which was given to me. I do, however, like to know who i'm getting into bed width and why. I always ask myself 3 questions. What would he do if the situations where reversed? What do i have to sacrafice for this? and what can i give back thats in the same realm of what he gave me? It seems that the last questions answer would be to find him some contacts, and help him get his idea off the ground. 10k doesn't get an idea off the ground, hardwork and dedication do. 10k just mearly buys the resources in which to start.
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