Sales Ideas

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Jul 24, 2006 10:07 am

In lieu of using this as a bashing forum, lets make a turn for the positive.


We should all post things that have been working for us. Whether it's prospecting ideas, sales ideas, transactional ideas, I know I would always open to suggestions that are working.


I will go first.  I mailed a very targeted list that I have had for a while and did a prospect seminar.  I don't usually like to feed the masses, but because it was a niche market, I had a better (less hungry) hit rate.

Jul 24, 2006 10:20 am

People are very receptive to doing alternative investments, such as private placements, especially accredited investors. If it's got nothing to do with equity or debt markets, they like it.

Jul 24, 2006 12:29 pm

how do you sell it since most times there is no track record?

Jul 24, 2006 12:43 pm
frumhere:

how do you sell it since most times there is no track record?


Accreds don't need track records to recognize an opportunity.

Jul 24, 2006 1:50 pm

so merely the concept and the buy in

Jul 24, 2006 2:03 pm
frumhere:

so merely the concept and the buy in


Yep. How do YOU do it? One thing to keep in mind is that there are a LOT of people who don't want to mess with the stock/bond markets.

Jul 24, 2006 2:54 pm

i haven't.  i guess it would be similar to a new issue except for the fact that the usual buy in is at least 100k on private placements and can be 10k for a new issue

Jul 24, 2006 8:11 pm
frumhere:

i haven't.  i guess it would be similar to a new issue except for the fact that the usual buy in is at least 100k on private placements and can be 10k for a new issue


The NG deal I'm working on has a $250,000 minimum, but lots of these private deals have a $25,000 minimum. When you talk to people, don't talk to them about the minimum. I'm talking in terms of $2,000,000 investments in the deal to people that I know can't handle it, but they can handle $500m or $750m.


If you're not talking to your clients about this stuff, someone is.

Jul 24, 2006 8:58 pm

"I'm talking in terms of $2,000,000 investments in the deal to people that I know can't handle it, but they can handle $500m or $750m."


Heres a lesson Crank..... $500m suggests $500 million... Now... $500K means $500,000...


You are really smart.....

Jul 24, 2006 9:07 pm
cranky sob:

 there are a LOT of people who don't want to mess with the stock/bond markets.


Are you suggesting that the EIA's you routinely push on grandmas are unrelated to the stock and bond markets, or did you find an investment that pays more than 10%?  Maybe I need to readjust my figures that suggested you actually brought in under $4 million a year in assets. 

Jul 24, 2006 9:35 pm
blarmston:

"I'm talking in terms of $2,000,000 investments in the deal to people that I know can't handle it, but they can handle $500m or $750m."


Heres a lesson Crank..... $500m suggests $500 million... Now... $500K means $500,000...


You are really smart.....



you have just demonstrated your lack of business acumen. what did you do with the money your parents gave you for college?

Jul 24, 2006 9:40 pm
lawsucks:
cranky sob:

 there are a LOT of people who don't want to mess with the stock/bond markets.


Are you suggesting that the EIA's you routinely push on grandmas are unrelated to the stock and bond markets, or did you find an investment that pays more than 10%?  Maybe I need to readjust my figures that suggested you actually brought in under $4 million a year in assets. 



No. I'm suggesting that your obsession with me is very, very gay. Very gay.

Jul 24, 2006 9:40 pm

"you have just demonstrated your lack of business acumen"


Actually.... youre wrong.... But if I am incorrect, I would appreciate it if someone could correct me.


"what did you do with the money your parents gave you for college?"


Ahhhhh... The attempted insult on my relative youth... Predictable.... here.. let me give you some more ammunition by not capitalizing the first word of the sentence....


C'mon.. waiting patiently...

Jul 24, 2006 9:42 pm
blarmston:

"you have just demonstrated your lack of business acumen"


Actually.... youre wrong.... But if I am incorrect, I would appreciate it if someone could correct me.


"what did you do with the money your parents gave you for college?"


Ahhhhh... The attempted insult on my relative youth... Predictable.... here.. let me give you some more ammunition by not capitalizing the first word of the sentence....


C'mon.. waiting patiently...



I'm right and you're wrong. I'll correct you... "m" is 1,000 and "mm" is 1,000,000.

Jul 24, 2006 9:46 pm

Again, back to the subject.


Any other ideas? 

Jul 24, 2006 9:52 pm

Actually you're both right and wrong.



In common references to currency, M or m denotes million or millions, such as $25M (twenty-five million dollars).

In traditional accounting practice, M designates thousand or thousands (from the Latin mille), and MM is used for million. Hence such traditional abbreviations as CPM for cost per thousand items of a retail good, or MCF for thousand cubic feet of (e.g.) natural gas.



Rhe system of Roman numerals is a numeral system originating in ancient Rome, and was adapted from Etruscan numerals. The system used in classical antiquity was slightly modified in the Middle Ages to produce the system we use today. It is based on certain letters which are given values as numerals. M with a line over it means million, m comes from (mille) meaning thousand.



Just a little background for you losers . . .

Jul 25, 2006 9:41 am


I would say that, in the past, I looked forward to coming to this web site.  That is no longer the case.  Good luck to you all and all of your sophomoric, sanctimonious and inane diatribes.    

Jul 25, 2006 10:12 am
frumhere:


I would say that, in the past, I looked forward to coming to this web site.  That is no longer the case.  Good luck to you all and all of your sophomoric, sanctimonious and inane diatribes.    




You'll be back.

Jul 25, 2006 11:01 am
frumhere:


I would say that, in the past, I looked forward to coming to this web site.  That is no longer the case.  Good luck to you all and all of your sophomoric, sanctimonious and inane diatribes.    



why...why....why...

Jul 25, 2006 11:11 am

i am like a junky that just....needs...more...