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A couple of follow-up questions, Russ:
1) What does success look like? For example, should I be optimizing for making the most money in that time? Or should I be optimizing for making over $1M, even if my risk of ruin is higher? In other words, would you consider someone taking this challenge more "successful" by shooting big and ending up with $0, or shooting small and ending up with a smaller amount than $1M (for example $20K)?
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You decide.
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2) Is the $1M a realized gain? Or could it be equity in an asset that is not liquid but currently worth $1M?
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Good question! Can be in an asset, but must be able to be "liquified"
for FULL VALUE within 9 months after the initial 15 month period.
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3) Can the $1M gain be spread across partners (not necessarily financial partners, but perhaps sweat equity partners)? Or must it be one person who has earned the money?
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Partners are great-- but if you had 3 partners total, at the end of 15 months, the total value of the assets would need to be $3,000,000.
-Russ H.