- Joined
- Aug 26, 2010
- Messages
- 380
I got gov't funding to hire a business student to work in my RE investing business. The tasks he is to do is broadly:
1 develop and place all accounting and other systems on the cloud so I can invest from anywhere in the world
2 develop a list of all owners of commercial and MF RE in my two target markets and start marketing direct to owners
3 develop web sites and work with me to help monetize our own story of changing our lives through RE and gaining financial independence in 4 years.
Meanwhile I raise capital for opportunities found and possibly get a realtors license on the commercial side.
My question is how to incentivise this guy to make him hungry for success yet recognize that he is graduating next year and plans to leave the province - I was thinking of a 4 figure wholesale or some kind of fee for each building that closes but then other than developing the list of addresses and owners and sending out letters he won't do anything else, his number won't be on the business cards included, and he doesn't know enough about RE to have meaningful input. He's a secretary more than anything. Perhaps I should focus him on to the web concept and reward with a percentage of sale - what do you think 15 % of net web revenues?
Thanks in advance
1 develop and place all accounting and other systems on the cloud so I can invest from anywhere in the world
2 develop a list of all owners of commercial and MF RE in my two target markets and start marketing direct to owners
3 develop web sites and work with me to help monetize our own story of changing our lives through RE and gaining financial independence in 4 years.
Meanwhile I raise capital for opportunities found and possibly get a realtors license on the commercial side.
My question is how to incentivise this guy to make him hungry for success yet recognize that he is graduating next year and plans to leave the province - I was thinking of a 4 figure wholesale or some kind of fee for each building that closes but then other than developing the list of addresses and owners and sending out letters he won't do anything else, his number won't be on the business cards included, and he doesn't know enough about RE to have meaningful input. He's a secretary more than anything. Perhaps I should focus him on to the web concept and reward with a percentage of sale - what do you think 15 % of net web revenues?
Thanks in advance