Secondly, is it a business that is scalable and therefore can create large value over time. Those are the two primary criteria. There are businesses that I stay away from. I try to possess some expertise in the type of business in which I invest. I have been heavily involved in media, entertainment and information technology businesses.
Information technology is one of the more promising areas.
As you might imagine, I see business plans from time to time that will produce sufficient net income to reward the sole proprietor with a good living, but it is not of such magnitude that it could become a public company. All the investments are made with my capital. I don't have a fund. Mayfair Capital is the vehicle through which I make private investments in private companies. I have no investments outside of the United States although I am seriously considering one at the present time.