Dave Siciliano
Final Approach
Don't get me wrong: I love airplanes and flying. It's like everything else, you can go in with your eyes open, or not. As in everything else, good folks are difficult to find and most are real busy. When you do find them, latch on tight.
In my business, same thing. Very few really good folks. I found most folks were doing deals because corporate wanted them. Numbers didn't make sense to me: of course, most of what I was investing was my own money or was treated that way. Others just lost that money, apologized to the investor or not, and moved along later with other new money. Sorry, we couldn't help it, we had NO idea the market would get that bad. Meanwhile, I had sold because folks that had no experience or education in homebuilding were starting companies and getting loans larger than I could get. Everyone was becoming a developer: see, it's dirt simple--a dentist I went to was doing it as a sideline. Most of them got washed out. I'm looking to get back in.
Best,
Dave
In my business, same thing. Very few really good folks. I found most folks were doing deals because corporate wanted them. Numbers didn't make sense to me: of course, most of what I was investing was my own money or was treated that way. Others just lost that money, apologized to the investor or not, and moved along later with other new money. Sorry, we couldn't help it, we had NO idea the market would get that bad. Meanwhile, I had sold because folks that had no experience or education in homebuilding were starting companies and getting loans larger than I could get. Everyone was becoming a developer: see, it's dirt simple--a dentist I went to was doing it as a sideline. Most of them got washed out. I'm looking to get back in.
Best,
Dave