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Tag Cloud: Advertising and Marketing Computers and Internet Education Entertainment Fashion and Beauty Food and Beverage Tourism and Travel Others

Business Idea Overview

To find people who has cash but not big enough to invest. Combined amount will be invested in a company whereby money is reinvested in stocks, real estate, bidding for government projects, or food production whereby passive income will be created.

What makes the idea profitable, distinct or superior

The ability to give middle or low income group to invest and start a company and earn passive income. Currently in this market crisis there are lots of mmoney to be made.

Contributor's Info

smileone's picture

First Name
James

Last Name
Goh

Location
Singapore

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Method of Cooperation

Partnership With The Community

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Comments

Nanako Lee's picture

Gogme Estate

Submitted by Nanako Lee on Wed, 06/18/2008 - 22:40.

Hi James,
Thats a very good idea, like the saying goes money grows.
People that are rich will get richer as they have lots of funds and capital to invest, thus for those having enuf but not more than enough gotta join forces.

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rab2344's picture

Isn't that the very idea of

Submitted by rab2344 on Thu, 06/19/2008 - 23:34.

Isn't that the very idea of this website?

__________________

Ouch - that's gotta hurt!

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outsourcingconsult's picture

Money begets money...

Submitted by outsourcingconsult on Sat, 08/02/2008 - 20:43.

Money begets money...

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Avy860's picture

Hi there

Submitted by Avy860 on Thu, 08/14/2008 - 21:19.

I think for the middle income group, there are other options that are open to them like Bonds and Investment funds. You will also have to fend off the insurance services taking a big piece of the pie. The key to success, in my humble opinion, would be the one that manages the funds. He or she must have a VERY good track record and there must be assurances given to the investors.

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zeeus07's picture

hmmm... well james i havn gt

Submitted by zeeus07 on Mon, 09/22/2008 - 03:18.

hmmm... well james i havn gt such exact calculation or formula of investing.. but as per my knowledge borrowing money or taking money frm sum1 is not as profitable as much as u invest ur own money.. as the rates goin to rise up in return the % amnt of money return to thm wil also rise... in shrt not much profit..

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noel's picture

mm

Submitted by noel on Mon, 09/29/2008 - 20:28.

Agree with Rob... isn't that the idea of this website?

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augusto's picture

ok

Submitted by augusto on Sat, 10/04/2008 - 05:20.

Maybe an website with established companies that need money. People find some company, meet the owners and buy some portion of the business.

One big question is the Legal question, must vary from country to country. Another thing is protection against fraud.

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Clev's picture

Another proposition

Submitted by Clev on Mon, 10/06/2008 - 00:42.

Hi, James!

Just another proposition!
I am from Ukraine. Currently we got a deposits in US dollars for corporate clients about 10.00%. How much is it in USA?

I just propose to do something that banks do. Just take money from USA transfer it to other country, put it to deposits, goverment bonds etc. and earn money.

What do you think about it?

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makelar.net's picture

lets join

Submitted by makelar.net on Thu, 10/09/2008 - 12:36.

good idea james
that's actually the idea behind the creation of makelar.net.
only what i'm doing is not only connect entrepreneurs to investor, but also help them to get a loan from our associate banks.
you have any more input on how this would work?

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indrakey's picture

connecting investor to

Submitted by indrakey on Thu, 10/09/2008 - 20:32.

connecting investor to entrepreneur was very interesting and would be helpfull. btw, makelar.net you mentioned above is still under reconstruction. makelar is indonesian lang that mean broker to me. is it? sounds like ebay..

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makelar.net's picture

ebay-not

Submitted by makelar.net on Thu, 10/09/2008 - 20:44.

yes we are still 'renovating', hopefuly we'll get it done soonest
yes, we use the word 'broker' solely to express our position as 'the middlemen'.
unlike ebay, no transaction done in our site. we are just providing a medium, and a little help maybe, so hopefully the funding may be realized.
thanks for the input, any other suggestion?

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Objectives of Gogme LA:

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