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Bill Bartmann is Skeptical as he asks “If it’s such a good Opportunity, Why Offer it to me?”
Reflecting on his successes and scars Bill Bartmann discusses the principles for how to identify truly good opportunities
How does someone with this life become a billionaire?
How does one recognize a good opportunity?
Bill Bartmann says to question the motives when someone is offering you what appears to be a great deal. “For example, if someone says “Because I want to give back,” I say, “That’s nice; now why are you really showing me the deal?” they might say they already have more deals than they can keep up with; this might be legitimate as long as they can back it up with proof.”
In conclusion, Bill Bartmann advises entrepreneurs that many great business opportunities have a half-life. “Blogs and video sites are currently in; if your business relies on popular trends it pays to watch for signs of user fatigue. When I was buying defaulted loans, I knew the opportunity would not last forever. Sure enough, it was profitable for a few years and then dwindled.”
Bill Bartmann is the author of Bailout Riches: How Everyday Investors Can Make a Fortune Buying Bad Loans for Pennies on the Dollar. The book recently became an Amazon #1 world-wide best-seller. Bill Bartmann has been in every major newspaper and is frequently interviewed on television and radio. Learn more about Bill Bartmann at http://www.roadtomajorwealth.com
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