Company Owner coming to visit. - Tilted Forum Project Discussion Community

Merlocke · 08-08-2008, 01:05 AM

So, you're on the due diligence team for an investor group and you're meeting with the president of the company that you'd like to bring on as a vendor and slap your seal o approval on the product line...

What would you ask if given some time with the big boss man to ensure the future survival of your investor's hard earned cash?

Just curious if there's anything out there that I haven't thought of already. I think I've got something like 160 some odd questions already lined up.

Reese · 08-08-2008, 01:31 AM

Just don't make any references to seeing a T-bone by sticking your head up a butcher's ass..

I'd try to get some idea what he's expecting out of his investment and assure him that those expectation's aren't out of reach.

MSD · 08-08-2008, 08:11 AM

Prove to him that you've researched his company and are sincerely interested in working with them. That's the biggest compliment you can give him.

speshul-k · 08-09-2008, 05:07 PM

Sincerity and honesty really is the way to go.

Merlocke · 08-10-2008, 09:31 PM

Thanks everyone.
Looks like we'll be moving forward with this new company.
We did approach with sincerity and in the end, they agreed to us basically putting on a rubber glove and checking everything out.
They even agreed to police background checks and the like. Hopefully this turns out to be a good business venture.

Merlocke · 06-26-2010, 10:25 PM

Just an update I guess... It ended up being profitable overall, but industry canada shut it down. I dot know if the model was just flawed, or if the red tape killed it, but I guess you win some and you lose some.

MSD · 06-28-2010, 05:15 PM

That's disappointing. On what grounds did they act?

Merlocke · 06-28-2010, 11:50 PM

Basically that it didn't fit any predetermined previous models and that technically it didn't even qualify for a multiple level marketing business plan due to the structure of the product delivery. Truth be told I digit like it much myself but a friend in need was so enamored by the structure, and the sentiment behind the program that I wanted to give them a hand. Lesson learned, never mix friendship with business.

King Angels · 07-16-2010, 12:10 AM

I would own up to the mistake. If you say nothing they may have called them and found out you were terminated before the second interview. Don't ask them if they called, as they are likely to bite their tongue to keep their leverage. If they don't hire you after owning up to a mistake they may not anyways.

08-08-2008, 01:05 AM	#1 (permalink)
Merlocke Location: Canada	Company Owner coming to visit. So, you're on the due diligence team for an investor group and you're meeting with the president of the company that you'd like to bring on as a vendor and slap your seal o approval on the product line... What would you ask if given some time with the big boss man to ensure the future survival of your investor's hard earned cash? Just curious if there's anything out there that I haven't thought of already. I think I've got something like 160 some odd questions already lined up. __________________ -=[ Merlocke ]=-

08-08-2008, 01:31 AM	#2 (permalink)
Reese Delicious	Just don't make any references to seeing a T-bone by sticking your head up a butcher's ass.. I'd try to get some idea what he's expecting out of his investment and assure him that those expectation's aren't out of reach. __________________ “It is better to be rich and healthy than poor and sick” - Dave Barry

08-10-2008, 09:31 PM	#5 (permalink)
Merlocke Location: Canada	Thanks everyone. Looks like we'll be moving forward with this new company. We did approach with sincerity and in the end, they agreed to us basically putting on a rubber glove and checking everything out. They even agreed to police background checks and the like. Hopefully this turns out to be a good business venture. __________________ -=[ Merlocke ]=-

06-26-2010, 10:25 PM	#6 (permalink)
Merlocke Location: Canada	Just an update I guess... It ended up being profitable overall, but industry canada shut it down. I dot know if the model was just flawed, or if the red tape killed it, but I guess you win some and you lose some. __________________ -=[ Merlocke ]=-

06-28-2010, 11:50 PM	#8 (permalink)
Merlocke Location: Canada	Basically that it didn't fit any predetermined previous models and that technically it didn't even qualify for a multiple level marketing business plan due to the structure of the product delivery. Truth be told I digit like it much myself but a friend in need was so enamored by the structure, and the sentiment behind the program that I wanted to give them a hand. Lesson learned, never mix friendship with business. __________________ -=[ Merlocke ]=-

08-08-2008, 08:11 AM	#3 (permalink)
MSD The sky calls to us ... Super Moderator Location: CT	Prove to him that you've researched his company and are sincerely interested in working with them. That's the biggest compliment you can give him.

08-09-2008, 05:07 PM	#4 (permalink)
speshul-k Insane	Sincerity and honesty really is the way to go.

06-28-2010, 05:15 PM	#7 (permalink)
MSD The sky calls to us ... Super Moderator Location: CT	That's disappointing. On what grounds did they act?

07-16-2010, 12:10 AM	#9 (permalink)
King Angels Upright	I would own up to the mistake. If you say nothing they may have called them and found out you were terminated before the second interview. Don't ask them if they called, as they are likely to bite their tongue to keep their leverage. If they don't hire you after owning up to a mistake they may not anyways.