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10k x 5 ?

  • 11-07-2012 9:25pm
    #1
    Banned (with Prison Access) Posts: 460 ✭✭


    Would it be feasable to invest 10k in 5 start ups, maybe working with each 1 day a week and expecting a 20% return from each over 5 years ? Doing something daily would be a huge part of it. I dont have any real business experience but I am bright and eager ?


Comments

  • Registered Users, Registered Users 2 Posts: 1,130 ✭✭✭The Apprentice


    To be honest no -
    All your doing is diluting your time and resources and i couldnt see this going any way but south.
    I could write a 1000 word post on the cons of this and how u would never see a return but struggle to think of one pro that could get you some long term return either financial or experience wise..

    I would most defintely advise you to research the 5 you have and then research them again - Then invest your cash into the best option..
    Also could be an idea to take advice seeing as you have little experience in this start up field. Find a mentor and pick his brains

    Best of luck with the ideas anyway mate...


  • Banned (with Prison Access) Posts: 460 ✭✭four18


    Thank You, Honest good advice. I will look at the Post office again !
    Ta


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