Having a business that have two persons who are investing on that busyness is a good thing especially if we don't have that much money to invest on our business plan and finding a rich person invest on our investment idea will be a game changing and will give us some profit and running our business will be easy, but the thing is most of the times rich peoples would like to have full control on the business that we both invested on and some time they do some bad things in order fully control the business, from my experience in my country there are a lots of problems like this rich peoples will control the business and they remove their co investor.
Does letting wealthy reach peoples invest on our business harm us?
- Thread starter kirubel
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- #3
Yeah some times all we gat to do is believe on those reach wealth investors who want to invest on our business plan, but thee are some evil persons who want to take our business without our agreement.
Before you agree to an equity investment program, you should be able to clearly define the terms, have it documented and signed with the supervision of a legal practitioner.
If you think you don't want to part with some equity of your business idea, don't seek investment. Investors would always look for their interests. But the ace is that you should always ensure that you don't sell off your interest because you are desperate.
