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46 Replies Last post: Jul 24, 2008 2:43 AM by mademan24

This forum has become too money-hungry

Jun 17, 2008 12:28 PM

Click to view Iwrite's profile Mogul Iwrite 1,101 posts since
Dec 29, 2007
I am becoming concerned about the high volume of posts that are requests for funding, loans, and investments. Is this what this forum is meant to be? I hope not. The questions about running a business have reduced greatly - the exchange of information and ideas is really lacking.

Is there anything that can be done about this? I'm not sure. Maybe, we need a "Request for Funding" section. As it is right now, all of the asking for money is changing the tone of this forum and not in a good way.

I may be wrong. But this is how I am feeling. Don't get me wrong, I am rich or so established that money is not a concern for me, but I was really getting something from all of the conversations about running and growing a business. I miss talking with folks about that. This forum had become a daily destination for me, but now I am having trouble wading through all the requests.

What are your thoughts on this?
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Click to view Buffalo's profile Mogul Buffalo 171 posts since
Oct 17, 2007
1. Re: This forum has become too money-hungry Jun 17, 2008 12:37 PM
My thoughts are the same as yours. I haven't posted here for sometime because the forum seems to have turned into a place to request funding. A seperate section for funding requests would be a great idea.
Click to view Bridge's profile Mogul Bridge 364 posts since
Jun 3, 2008
2. Re: This forum has become too money-hungry Jun 17, 2008 12:39 PM
I concur completely!

Additionally, the board should be actively monitored and any request four funding, working capital, angel investors, etc. be moved a new "request for funding" board. I would also like to see none of these posts appear on the front page - there are so many that they blind out all other posts.

I hate looking at the board now - its almost like getting your mail and seeing 15 credit card solicitations - all the same thing.
Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
3. Re: This forum has become too money-hungry Jun 17, 2008 1:14 PM
This forum has become too money-hungry, Yes but

It would be interesting to have a follow up to see
1) How many of the posts for money actually receive funding or investors??
2) A follow up 6 months down the road to see if the money they asked for actually make
a difference. (so many say they have bad credit scores)

*Does anybody remember the T V Show "The Millionaire" *In this hit 1950's TV series,
*a millionaire giving
away one million dollars apiece to persons that he has never met.*

LUCKIEST

Click to view Iwrite's profile Mogul Iwrite 1,101 posts since
Dec 29, 2007
4. Re: This forum has become too money-hungry Jun 17, 2008 2:42 PM
in response to: LUCKIEST
Luckiest,

I have been wondering the same thing. I posted the question as to whether or not money was the answer, remember? I think those requesting money are missing an opportunity to take full advantage of this board. The real wealth of this board is the information I have read in some of the posts.

I don't want to be the board police, I just think something needs to be done.
Click to view DomainDiva's profile Mogul DomainDiva 1,732 posts since
Oct 10, 2007
5. Re: This forum has become too money-hungry Jun 17, 2008 3:21 PM
in response to: LUCKIEST
Luckiest.....I am dating myself here.....however I do remember the show the Millionaire.

The board has become extremely money-hungry. I got tos'd in the early days for inquiring about funding....now the money requests are everywhere. I miss the business exchanges. A separate section for loans/funding that did not show all the posts up front would be great...thanks IWrite! Wading through all the loan requests to find a business discussion is tedious at best.
Click to view Buffalo's profile Mogul Buffalo 171 posts since
Oct 17, 2007
6. Re: This forum has become too money-hungry Jun 17, 2008 3:32 PM
in response to: DomainDiva
How does one approach the powers that be to put in a seperate forum for funding requests?
I remember the show too. Pop Quiz.....what was the millionaire's name?
Click to view DomainDiva's profile Mogul DomainDiva 1,732 posts since
Oct 10, 2007
7. Re: This forum has become too money-hungry Jun 17, 2008 3:47 PM
in response to: Buffalo
His last name was Tipton..and he was seen only from the rear...when he and Mr. Anthony would discuss the lastest recipient and the lesson learned. As for putting the request to the 'PTB' I have no idea where to start.
Click to view designer's profile Mogul designer 329 posts since
Feb 28, 2008
8. Re: This forum has become too money-hungry Jun 17, 2008 4:42 PM
I agree, and I have said this a few times in different posts. I've been working non-stop since I was a teenager and currently hold 2 jobs. I never, ever asked my Father for a penny, so it is weird to come to this forum and see all the postings for requests from folks that want these huge 6-figure loans from random strangers. I feel, it you need financing and your idea is so great and wonderful and sold....go to a bank. I was hoping this forum would be a vehicle to share business info., network, maybe meet people out there in this world that do the same things we do to compare notes, etc. But the postings for money is a big turn-off for me.
Click to view Buffalo's profile Mogul Buffalo 171 posts since
Oct 17, 2007
9. Re: This forum has become too money-hungry Jun 17, 2008 4:10 PM
in response to: DomainDiva
Good memory! When we visited my grandmother we HAD to watch that show.
Perhaps someone else knows how to approach the 'PTB'.
Click to view Iwrite's profile Mogul Iwrite 1,101 posts since
Dec 29, 2007
10. Re: This forum has become too money-hungry Jun 17, 2008 4:17 PM
in response to: Buffalo
We never watched it. We were a "Truth or Consequences" and a "It's your life" family. Man, I am old!!

I posted this because I don't know how to get the PTB's attention. I tried emailing and never heard from them.
Click to view Buffalo's profile Mogul Buffalo 171 posts since
Oct 17, 2007
11. Re: This forum has become too money-hungry Jun 17, 2008 4:28 PM
in response to: Iwrite
Getting old is better than the alternative!
Click to view Iwrite's profile Mogul Iwrite 1,101 posts since
Dec 29, 2007
12. Re: This forum has become too money-hungry Jun 17, 2008 4:44 PM
in response to: Buffalo
LOL Yes, it is.
Click to view Iwrite's profile Mogul Iwrite 1,101 posts since
Dec 29, 2007
13. Re: This forum has become too money-hungry Jun 17, 2008 4:47 PM
in response to: Iwrite
I could have marked all the responses as "answered." I feel like this forum has been hijacked and I refuse to go where the hijackers are taking it.

I want to get back to what attracted me to this forum - real discussions about issues facing business folks!!
Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
14. Re: This forum has become too money-hungry Jun 17, 2008 4:47 PM

Yes, I agree. We took a survey 3+ months ago, have responded to a couple of solicitations for improvements since, and this is not the first thread on this particular issue -- so it seems we've given the Community Team plenty of input on this. I'm just not sure when or if "improvements" are coming -- or if our concept of "better" is even the same as the Community Team's. After all, the steady ramp-up in money seekers, money "providers" (many of whom are blatantly illegitimate), and MLM schemes is bringing in LOTS of new traffic for BoA. Every one of those hundreds of people who've posted something had to sign-up and give BoA at least a valid e-mail address. So while all the money-hungry posts are decreasing the value of the community from the perspective of many of us who are active (or emerging) small business owners, I've considered the possbility that traffic is traffic from BoA's perspective, and that more is better.

All of this is speculation on my part, of course. Perhaps the Team will comment . . .
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