Interesting observation on online business entrepreneurs…

Last week I got a call from a couple of “online entrepreneurs”, they ask me to join their team. They said that they have this great idea and that they are looking for a developer like me to create the website and take care of all the back-end administration. I of course very curious asked “what is your objective with this web site?” He said “our primary objectives to get an investor”. This to me is funny, their objective is not to provide something to the online world community, it’s to create a site to get an investor? Is the idea to 1 million dollars invested in your project and be in debt a million dollars? I don’t understand mental function. There are countless of stories of web sites that get $500,000.00 loans and in there entire 5 years they only make $350,000.00 and they go bankrupt. Now if this same company would have only invested $10,000.00 of their own money they would of made $340,000.00 in pure profits! And their business would have been thriving and growing. There are tons of these brainless folks that have an m.t.v. version business plan that just doesn’t hold water in the real world of online business and services.