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Do you want to earn 25%...?

Started by racerrad8, June 05, 2014, 09:44:12 PM

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Are you willing to invest at a return of investment of 25%?

Yes
67 (93.1%)
No
5 (6.9%)

Total Members Voted: 71

Voting closed: June 13, 2014, 09:44:12 PM

racerrad8

Fellow FJ Owners, members & non-members alike,

I have posted the following poll as I have an opportunity to buy a Yamaha specific business for continued supply of FJ parts for the future. The question is; currently there are 3827 members and if the majority invested just $100.00 each, could I then reach the value needed to complete the purchase?

What I am offering is an investment that will yield a 25% return. For the minimum investment amount of $100.00, you in return will get a coupon code in the amount of 25% additional. So if you purchase a $100.00 online RPM gift certificate you will receive a coupon code for the amount of $125.00.

There really are no catches to this offer, but if enough people do not participate I cannot extend the offer.

The only criteria is that the coupon codes will not be allowed for a specified amount of time after purchase. That time frame has not been completely worked out at the time of this writing. Once I determine if this is feasible, then a program will be put into place.

Guys, I am not looking at this as any type of scheme to bilk anyone out of anything. If fact quite the contrary, I am willing to pay you back with a substantial interest rate. I am also using to other standard means of financing at which I can get a much better interest rates, but I want to be able to include you guys in this RPM expansion to help solidify the future of the FJ.

I believe my reputation on this forum, as well as many other forums including the old Yahoo groups, will be my testament to my honesty & integrity.

My hope is that if the majority members can donate just $100.00 each, that will allow me to complete the purchase.

I am asking the members here as a means of a small, individual investments to RPM to assist in purchasing of this business as a means of continued support for the FJ.

Here is a breakdown of the return:

$100.00 = $125.00
$200.00 = $250.00
$300.00 = $375.00
$400.00 = $500.00
$500.00 = $625.00
$600.00 = $750.00
$700.00 = $875.00
$800.00 = $1000.00
$900.00 = $1125.00
$1000.00 = $1250.00

If you would like to invest a higher amount, please contact me directly via email.

Thank you for your consideration and please vote so that I can determine if this is a viable means of completing this purchase and secure our future.

Randy - RPM
randy@rpmracingca.com
Randy - RPM

The General

Quote from: racerrad8 on June 05, 2014, 09:44:12 PM
Fellow FJ Owners, members & non-members alike,

I have posted the following poll as I have an opportunity to buy a Yamaha specific business for continued supply of FJ parts for the future. The question is; currently there are 3827 members and if the majority invested just $100.00 each, could I then reach the value needed to complete the purchase?

What I am offering is an investment that will yield a 25% return. For the minimum investment amount of $100.00, you in return will get a coupon code in the amount of 25% additional. So if you purchase a $100.00 online RPM gift certificate you will receive a coupon code for the amount of $125.00.

There really are no catches to this offer, but if enough people do not participate I cannot extend the offer.

The only criteria is that the coupon codes will not be allowed for a specified amount of time after purchase. That time frame has not been completely worked out at the time of this writing. Once I determine if this is feasible, then a program will be put into place.

Guys, I am not looking at this as any type of scheme to bilk anyone out of anything. If fact quite the contrary, I am willing to pay you back with a substantial interest rate. I am also using to other standard means of financing at which I can get a much better interest rates, but I want to be able to include you guys in this RPM expansion to help solidify the future of the FJ.

I believe my reputation on this forum, as well as many other forums including the old Yahoo groups, will be my testament to my honesty & integrity.

My hope is that if the majority members can donate just $100.00 each, that will allow me to complete the purchase.

I am asking the members here as a means of a small, individual investments to RPM to assist in purchasing of this business as a means of continued support for the FJ.

Here is a breakdown of the return:

$100.00 = $125.00
$200.00 = $250.00
$300.00 = $375.00
$400.00 = $500.00
$500.00 = $625.00
$600.00 = $750.00
$700.00 = $875.00
$800.00 = $1000.00
$900.00 = $1125.00
$1000.00 = $1250.00

If you would like to invest a higher amount, please contact me directly via email.

Thank you for your consideration and please vote so that I can determine if this is a viable means of completing this purchase and secure our future.

Randy - RPM
randy@rpmracingca.com
Mate, I`ve put my vote in. Looks like I can transfer it to someone else as a gift also, is that correct? Should I put more than one vote in if I plan to spend more than the minimum? (Otherwise the participation level might be more in reality than your base maths.) eg 1 vote per $100. (Sure makes that rear shock affordable.)
`93 with downside up forks.
`78 XS11/1200 with a bit on the side.
Special edition Rocket Ship ZX14R Kwacka

andyoutandabout

The business mind is obviously something I lack and Randy has in spade loads.
I'm in for a hundred should this idea go the distance.
Heck I was even about to push the button on the track day notion, but, like many great ideas, that event never came to be - I'm guessing due to lack of commitment  - not saying that's a negative dig at owners - just that's life - and of course the market decides, ultimately. (hey that's the system, man)
Anyway, we should know by now, our beloved bikes and our money are in good hands at RPM.
(Certainly I think I'd see more if I invested $100 with Randy compared to giving the wife $100) - keep that one under your hats - mind you, if it wasn't true, I wouldn't say it.
Andy
life without a bike is just life

FJscott


CatTomb

Good luck Randy,

I expanded my business five times in 27 years. Started out as a teenager with a wild hair and ended up with 100 employees in a building the size of a football field.

Please feel free to call if you would like a sounding board.  :drinks:

I'd also be willing to share all of the mistakes I made ... if you have that much time.  :dash2:

Jeff
"Never forget that only dead fish swim with the stream." Malcolm Muggeridge, Chronicles of Wasted Time (1972)

novaraptor

1990 FJ1200
Ride fast, live free... I forget the rest...

racerrad8

Okay, to answer a few questions that have been posted here, via PM & email.

There is only the option to vote one time, no matter the investment amount.
      This is good for me to know because if not enough people participate then it might not be a viable means of funding source.

Yes, I am aware that if I sell a 3000+ coupon codes there will be a large amount of orders placed and be a large drain on the inventory. But I cant even begin to determine the time frame of the coupon code use until I have an idea of how many are willing to invest. I vision the coupon codes being released in waves based on the purchase date.

Yes, if someone wants to purchase a gift code for another person to use, you would just put their name down instead of yours, just like the gift certificates used for Christmas, Fathers Day and other special occasions.

Time frame...well this offer to buy was extended to me last month and we have been talking since then. I am to the point where I can't really do much more without having all of the financing in place. Once I have the financing in place, then I will be traveling to the business to really get my nose into it and make sure we come out smelling like a rose. If there is some odor then I can use that to negotiate, but it if really stinks I can walk away.

One member has likened this to a bank certified deposit (CD) as a short term, high return on investment with the only difference being you get the parts you need at a 25% discount.

Please vote honestly that you are able and willing to invest; not just willing.

Thanks again, Randy - RPM
Randy - RPM

racerrad8

One more question popped up.

Since you would be purchasing via the RPM website, you can use either credit card or PayPal as a payment source.

No wire transfers required.

Randy - RPM
Randy - RPM

airheadPete

Oh yeah, I'm in. :good:
The only thing I wonder about sometimes is where are we on the bell curve? Every product (motorcycle group) has a life span. I'd guess we're a little right of the peak, do we and the FJ have another 15-20 good years in us, and is that enough to support you until you're ready to call it quits?
(popcorn)
'92 FJ1200.    '84 R100CS
'78 GS750E.   '81 R100RS
'76 R90/6       '89 R100GS
'65 R60/2

Mark Olson

Randy , I am pleased you are continuing to excel in providing parts and services for out beloved fj's .
This will benefit all the members of this group.
I plan on keeping my fj for a long long long time.

to everybody on the fence about this deal.: I will say Randy is a trustworthy man of unimpeachable character. A man of his word and beyond reproach. :good2:   
Mark O.
86 fj1200
sac ca.

                           " Get off your ass and Ride"

racerrad8

Quote from: airheadPete on June 06, 2014, 01:17:07 PM
...do we and the FJ have another 15-20 good years in us, and is that enough to support you until you're ready to call it quits?

That is the crystal ball question...

But, the engine is still a production bike unit and so engine related parts are not going to be an issue for may years to come.

I am fully committed to the FJ for the long term, I did not set out to make suspension parts, exhaust systems and other Yamaha specific items in the hope to get a year or two down the road.

The body work & panels are the things that are getting harder to obtain, but that doesn't mean there might be aftermarket RPM panels.

Randy - RPM
Randy - RPM

The General

Quote from: racerrad8 on June 06, 2014, 01:50:24 PM
Quote from: airheadPete on June 06, 2014, 01:17:07 PM
...do we and the FJ have another 15-20 good years in us, and is that enough to support you until you're ready to call it quits?
I am fully committed to the FJ for the long term, I did not set out to make suspension parts, exhaust systems and other Yamaha specific items in the hope to get a year or two down the road.

The body work & panels are the things that are getting harder to obtain, but that doesn't mean there might be aftermarket RPM panels.

Randy - RPM
Doesn`t "might not" mean....Might!  :yahoo:
`93 with downside up forks.
`78 XS11/1200 with a bit on the side.
Special edition Rocket Ship ZX14R Kwacka

TexasDave

Of all my bikes the only one I won't sell is the FJ. I am in and hope we have enough members interested to insure we have Randy for years to come. Randy is a man of his word and beyond reproach. As to his character.....he is a character all right but I don't know what kind.   :rofl2:  Dave
A pistol is like a parachute, if you need one and don't have one you will never need one again.

FJscott

Quote from: The General on June 06, 2014, 02:13:38 PM
Quote from: racerrad8 on June 06, 2014, 01:50:24 PM
Quote from: airheadPete on June 06, 2014, 01:17:07 PM
...do we and the FJ have another 15-20 good years in us, and is that enough to support you until you're ready to call it quits?
I am fully committed to the FJ for the long term, I did not set out to make suspension parts, exhaust systems and other Yamaha specific items in the hope to get a year or two down the road.

The body work & panels are the things that are getting harder to obtain, but that doesn't mean there might be aftermarket RPM panels.

Randy - RPM
Doesn`t "might not" mean....Might!  :yahoo:
Have access to a 3D printer?  Hmmm

Burns

Quote from: airheadPete on June 06, 2014, 01:17:07 PM
Oh yeah, I'm in. :good:
The only thing I wonder about sometimes is where are we on the bell curve? Every product (motorcycle group) has a life span. I'd guess we're a little right of the peak, do we and the FJ have another 15-20 good years in us, and is that enough to support you until you're ready to call it quits?
(popcorn)

I predict that, like the XS650's, the FJ's will NEVER go away.  Greatness is forever.
There's nothing you can do that can't be done.