Hey...

You are correct... there are much better, faster growing investments than a fiber company or WISP. Even if you factor in businesses that don't make it (I've had two of those in the last two years, costing me about $120,000). However, with the Ecoflower company I am currently at a 100x ROI in just two years (on paper)... but I have gotten 3x my cash investment back already via dividends.

Even Marcus on The Profit says the same thing... he makes enough on the companies that do work out to cover the ones that are losers. His actual success rate is something like 10% of his investments.

The best way to play the WISP/Fiber game is cash flow... take as much out of the business as you can, still providing enough to grow and install new customers. :)

Travis


On 10/24/2016 9:27 PM, Sterling Jacobson wrote:

If this guy/company invests in WISPs, has anyone here actually received any money/funds from them?

Until that happens it’s just a load of crap.

I’ve talked to a good number of investors for our fiber company this year.

It boils down to the same few items every time:

They can’t afford it.

They can afford it, but are (supposedly) making tons more interest flipping real estate in a lot less than the 3-5 years payback that I am offering.

And the last, they just plain don’t want to because they are investing in 20-30 smaller companies, all of which will die and leave them with nothing except that ONE that will gain them 40B.

Every single person or group I have talked to about investing in Fiber has been very very positive about what I am doing and my numbers and model.

But it just isn’t attractive enough or pays out enough fast enough to make them move in this economic climate.

My top three hopefuls at the moment are three groups/companies that are already doing fiber or fiber related industries.

They ‘get’ it, and are comfortable with the slower rate of return and partnership terms.

Generally speaking, the ISP model is considered a utility now, and it’s not as sexy as I like to think it is, lol!

*From:*Af [mailto:[email protected]] *On Behalf Of *Mike Hammett
*Sent:* Monday, October 24, 2016 9:12 PM
*To:* [email protected]
*Subject:* Re: [AFMUG] OT: Shark Tank

Yup.



-----
Mike Hammett
Intelligent Computing Solutions <http://www.ics-il.com/>
<https://www.facebook.com/ICSIL><https://plus.google.com/+IntelligentComputingSolutionsDeKalb><https://www.linkedin.com/company/intelligent-computing-solutions><https://twitter.com/ICSIL>
Midwest Internet Exchange <http://www.midwest-ix.com/>
<https://www.facebook.com/mdwestix><https://www.linkedin.com/company/midwest-internet-exchange><https://twitter.com/mdwestix>
The Brothers WISP <http://www.thebrotherswisp.com/>
<https://www.facebook.com/thebrotherswisp>


<https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg>

------------------------------------------------------------------------

*From: *"Ken Hohhof" <[email protected] <mailto:[email protected]>>
*To: *[email protected] <mailto:[email protected]>
*Sent: *Monday, October 24, 2016 9:23:58 PM
*Subject: *Re: [AFMUG] OT: Shark Tank

That Leonidas guy?

*From:*Af [mailto:[email protected]] *On Behalf Of *Mike Hammett
*Sent:* Monday, October 24, 2016 9:06 PM
*To:* [email protected] <mailto:[email protected]>
*Subject:* Re: [AFMUG] OT: Shark Tank

I've gotten several emails the past couple weeks from someone about putting money in WISPs. I've been ignoring them so far, assuming they were scams.



-----
Mike Hammett
Intelligent Computing Solutions <http://www.ics-il.com/>
<https://www.facebook.com/ICSIL><https://plus.google.com/+IntelligentComputingSolutionsDeKalb><https://www.linkedin.com/company/intelligent-computing-solutions><https://twitter.com/ICSIL>
Midwest Internet Exchange <http://www.midwest-ix.com/>
<https://www.facebook.com/mdwestix><https://www.linkedin.com/company/midwest-internet-exchange><https://twitter.com/mdwestix>
The Brothers WISP <http://www.thebrotherswisp.com/>
<https://www.facebook.com/thebrotherswisp>


<https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg>

------------------------------------------------------------------------

*From: *"Jeff Broadwick - Lists" <[email protected] <mailto:[email protected]>>
*To: *[email protected] <mailto:[email protected]>
*Sent: *Monday, October 24, 2016 6:17:16 PM
*Subject: *Re: [AFMUG] OT: Shark Tank

I know of an investment group looking specifically to invest in WISPs.

Jeff Broadwick

ConVergence Technologies, Inc.

312-205-2519 Office

574-220-7826 Cell

[email protected] <mailto:[email protected]>


On Oct 24, 2016, at 6:51 PM, Paul Stewart <[email protected] <mailto:[email protected]>> wrote:

    I’ve heard that… hence my opinion that there are much better ways
    to get money if that’s the only motive for doing it….

    I participated a couple of times in some nearby “angel investor”
    groups a few years back …. was looking for new ideas/investments -
    it was quite simple for those pitching ideas… no strings attached
    and if someone liked your idea then you went aside in private and
    discussed more details.  if not, then at least some of the folks
    had a chance to pitch ideas….

        On Oct 24, 2016, at 6:48 PM, Travis Johnson <[email protected]
        <mailto:[email protected]>> wrote:

        It was one of her personal goals to get on Shark Tank, even
        before I got involved in the business.

        I can tell you now, after just getting the actual "deal"
        paperwork today (she filmed months ago), this is the absolute
        worst deal I have ever seen for a small business owner.
        Royalties, commissions, options to buy equity up to 3 years
        into the future, etc. :(

        Travis

        On 10/24/2016 2:02 PM, Lewis Bergman wrote:

            So it doesn't sound like she needs money since she has
            you. Going in for the publicity?

            On Mon, Oct 24, 2016 at 2:15 PM Jaime Solorza
            <[email protected]
            <mailto:[email protected]>> wrote:

                ha funny guy


                Jaime Solorza

                Wireless Systems Architect

                915-861-1390 <tel:%28915%29%20861-1390>

                On Mon, Oct 24, 2016 at 12:56 PM, Chuck McCown
                <[email protected] <mailto:[email protected]>> wrote:

                    But I gotta new old motorhome!

                    *From:*Jaime Solorza

                    *Sent:*Monday, October 24, 2016 11:40 AM

                    *To:*Animal Farm

                    *Subject:*Re: [AFMUG] OT: Shark Tank

                    Crystal meth show has been done Chuck... Next!!!!

                    On Oct 24, 2016 11:37 AM, "Chuck McCown"
                    <[email protected] <mailto:[email protected]>> wrote:

                        I have something on the cooker.

                        *From:*Gino Villarini

                        *Sent:*Monday, October 24, 2016 11:17 AM

                        *To:*Animal Farm

                        *Subject:*Re: [AFMUG] OT: Shark Tank

                        nice... when are we going to have a WISP
                        venture there?

                        On Mon, Oct 24, 2016 at 1:16 PM, Chuck McCown
                        <[email protected] <mailto:[email protected]>> wrote:

                            Pretty cool.  One of my favorite shows.
                            -----Original Message----- From: Travis
                            Johnson Sent: Monday, October 24, 2016
                            10:47 AM To: [email protected]
                            <mailto:[email protected]> Subject: [AFMUG] OT:
                            Shark Tank

                            Well... after four tryouts for Shark Tank,
                            one of my investments made two years ago,
                            Ecoflower, will be on the November 4th
                            episode of Shark Tank. :)

                            It has been an amazing two years...
                            watching her grow this company from
                            nothing to a multi-million dollar business
                            (even before Shark Tank). When we first
                            met her, she was building these flower
                            bouquets in her apartment and selling them
                            at farmer's markets. Now she has 60+
                            employees and she is in a 26,000sqft
                            warehouse/office. Her passion and drive is
                            sometimes overwhelming, but she makes
                            things happen. :)

                            http://sharktankblog.com/business/ecoflower/

                            Travis


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