idealstrategicpartners.com

Don't expect the positive reviews you see here

This is about advice to excited people about their dream to bring a product idea to market. As Scott will tell you, there is no shortage of companies looking to take advantage of 'dreamers'. So, just make sure you don't get taken advantage of, per his advice, right?So with ISP, ask for actual verification of any of the positive reviews you see here or the BBB - People are nice and are very willing to help you and ISP if they are willing to post reviews, so there is no excuse not to get verification of reviews being real, right? Try to get a few as many of them are around several years so it shouldn't be hard to provide those companies that are doing super well because of their experience, right?The main founder (Scott) has "experience" mentoring startups and has been in this business since 2018 (a couple of years with another company) - ask for evidence of any verifiable kinds of success that they will pitch you that they are looking for to take you on as a 'client partner' - The pitch is that they are doing diligence on you and your idea and they are only looking to partner with ideas and people with huge potential and they know it when they see it based on their vast experience - so they must have huge successes to point to, to verify, right? They are experts with years of experience and a gigantic team they will claim. Get some verification of who they are and what they have done. Common sense.Their pitch is that you must come up with a huge chunk of money - you can expect well over 6 figures - to 'invest' in your business, and they don't make money unless you make money - this is their claim. Sounds good right? That is the pitch. They claim to 'pay for professional services that they save 80% on, that you can't do for yourself,' So, they are saving you piles of money if you try to do this yourself. OK, sounds good, right? In the pitch, they tell you that you are in control of all decisions - sounds good right? So ask them if you can control this huge chunk of money they ask for as far as verifying where it goes, for those services you are getting for 80% less than you can get on your own, and if you can shop around for the same services on your own to validate the 80% savings they claim because of their relationships that are supposedly saving you money - you know, because you are a partner - they should have no issue with this, right? This is just verifying what they are saying is true. Ask them if you can control the checkbook where this 'investment in yourself and your company' is going. If you are not allowed to verify where your investment 'in yourself and your company' is going, even though you are supposed to be partners with them, and you are pitched that you make all of the ultimate decisions, you should get to OK where your money goes, right?If they are your partner and they don't make money if you don't make money (this is their pitch to you), shouldn't you have a say in where your money is going if they are asking this huge investment of your money into your business? If you are 'partners', why are you being asked to give them this huge chunk of money and then asked to just 'trust the process' as far as what they are doing with it? Is this a partner? After all, they are taking a significant ownership position in your company on top of everything else! Transparency SHOULD be the order of the day, right? Would you expect a partner in your company to take your personal money (well over 6 figures) and ask you to 'trust' them with no accountability? Of course not.To summarize, ask them to provide any evidence of any successes they have ever had that come anywhere close to the kind of success they 'envision for you after much due diligence by our many experts in our committee!' That just makes good sense, right?When you don't get that, and you are still interested for some reason, after they convince you of the huge 'investment in yourself and your company' is something that just goes to them and to 'trust the process', even though they say 'you are in control of all decisions ultimately', make sure they make sense of that disconnect when it comes to your money where you are not in control of that decision in particular... You know, what they are doing with your money!Remember, their pitch is that they don't make any money unless you make money and they are your 'partner'. That is what they claim.Simply hold them to that pitch.All of this is simply due diligence folks. Hold them to the words they pitch you by asking reasonable and intelligent questions and if they really feel you are a multi-million dollar opportunity for them, then they will be happy to be your 'actual true partner', and allow you to truly make all ultimate decisions as they claim, including where your 'investment in you and your business' dollars go.Good luck to you

Date of experience: Nov 05, 2023