Investor Robert Sires Announces Investment in Startup Venture Locker Room Talk®; Discusses Criteria for Investing
Investor Robert Sires announces $150,000 investment in startup web-based company Locker Room Talk, a website where college athletes and alumni can review and rate their college coaches. High school students use the info to evaluate the right program for them. Robert Sires also discusses his criteria for investments: primarily US-based companies, must have strategy for being profitable and be able to explain it quickly, and must have strong management team.
New York, NY, August 28, 2015 --(PR.com)-- Investor Robert Sires announces that he has invested $150,000 in a startup web-based company, Locker Room Talk® (www.lockerroomtalk.com), and is looking for additional investment opportunities. Locker Room Talk is a rating and review website about college coaches which compiles information in an easy-to-search format so that high school athletes undergoing the varsity recruiting process can make educated decisions. The website provides a positive and informative platform for college student-athletes and alumni to express their views anonymously so that high school athletes can better evaluate the programs they are considering. It covers both men’s and women’s teams in sports such as football, baseball, basketball, tennis, soccer, lacrosse, hockey, skiing, swimming and more. For more information, call 203-556-5839, visit www.LockerRoomTalk.com, or find LRT on Facebook, Instagram (@lockerroomtalk) or Twitter (@LRTsports).
“As an entrepreneur and investor, I am always looking for new and exciting business opportunities like Locker Room Talk,” says Robert Sires. “I source for potential investments through connections and business associates. On average I review two to three potential investments every month. My main focus is usually on U.S.-based businesses, primarily startup companies that are looking to take their company to the next level. My main focus when investing is to invest in industries that I believe in, such as manufacturing, real estate, vitamins, web-based companies, and restaurants.
“My investments range from ten thousand dollars to hundreds of millions. I most recently invested ten thousand dollars in a startup company, and have hopes to invest six million in one single acquisition. I am flexible when financing companies and try to match the investment with the company’s needs. It’s challenging to invest on my own, but I do have a partner, which can add a fun twist to investing. We use banks, and if the deal is big enough we bring in other partners.”
In order for Robert Sires to be excited about investing in a company, he has to understand it. Evaluating its strategic plan for growth, as well as the strength of the management team, is a must. He looks for a team of people who are confident, dedicated, and self-starters. They cannot be afraid to fail, they have to be able to make decisions quickly, and most importantly, they need to do whatever it takes to get the job done.
“Deciding whether to invest is the easy part for me; I will know within the first 15 minutes if I am willing to invest in a company,” Robert Sires continues. “I will meet with the management team and question them thoroughly. If they cannot explain their strategy, or they have weak management or legal or environmental issues, or of course do not have a great plan to be profitable, then I will not be interested.”
His involvement ranges from investing in a good idea to taking an active role in the company either by becoming a part of the management team or by holding a seat on the board. Currently, Robert Sires is active with multiple companies and owns several: Bay State Cable Ties, BuyCableTies.com, Locker Room Talk, Roman Capital, Technology Plastics, and Verde Life. If he is active in running a company or has made a major investment then he will own more than 50 percent of the voting shares. If his investment is smaller and he holds it like a stock, then the ownership percentage will not be as important as the potential return on his investment.
Robert Sires is an entrepreneur and founder/majority owner of several major corporations, including Bay State Cable Ties, a $30M company which is the leading manufacturer of zip ties in the U.S.; Buy Cable Ties, a $5M company that sells zip ties and accessories online; and Technology Plastics, a $5M custom molding company. Robert is also an early investor in several ventures, including Wheels Up, Chopt, Locker Room Talk, and Verde Life. His primary strength is his ability to set and deliver on successful strategies through proper use of human and financial capital. For more information visit his blog at https://robertsires.wordpress.com.
“As an entrepreneur and investor, I am always looking for new and exciting business opportunities like Locker Room Talk,” says Robert Sires. “I source for potential investments through connections and business associates. On average I review two to three potential investments every month. My main focus is usually on U.S.-based businesses, primarily startup companies that are looking to take their company to the next level. My main focus when investing is to invest in industries that I believe in, such as manufacturing, real estate, vitamins, web-based companies, and restaurants.
“My investments range from ten thousand dollars to hundreds of millions. I most recently invested ten thousand dollars in a startup company, and have hopes to invest six million in one single acquisition. I am flexible when financing companies and try to match the investment with the company’s needs. It’s challenging to invest on my own, but I do have a partner, which can add a fun twist to investing. We use banks, and if the deal is big enough we bring in other partners.”
In order for Robert Sires to be excited about investing in a company, he has to understand it. Evaluating its strategic plan for growth, as well as the strength of the management team, is a must. He looks for a team of people who are confident, dedicated, and self-starters. They cannot be afraid to fail, they have to be able to make decisions quickly, and most importantly, they need to do whatever it takes to get the job done.
“Deciding whether to invest is the easy part for me; I will know within the first 15 minutes if I am willing to invest in a company,” Robert Sires continues. “I will meet with the management team and question them thoroughly. If they cannot explain their strategy, or they have weak management or legal or environmental issues, or of course do not have a great plan to be profitable, then I will not be interested.”
His involvement ranges from investing in a good idea to taking an active role in the company either by becoming a part of the management team or by holding a seat on the board. Currently, Robert Sires is active with multiple companies and owns several: Bay State Cable Ties, BuyCableTies.com, Locker Room Talk, Roman Capital, Technology Plastics, and Verde Life. If he is active in running a company or has made a major investment then he will own more than 50 percent of the voting shares. If his investment is smaller and he holds it like a stock, then the ownership percentage will not be as important as the potential return on his investment.
Robert Sires is an entrepreneur and founder/majority owner of several major corporations, including Bay State Cable Ties, a $30M company which is the leading manufacturer of zip ties in the U.S.; Buy Cable Ties, a $5M company that sells zip ties and accessories online; and Technology Plastics, a $5M custom molding company. Robert is also an early investor in several ventures, including Wheels Up, Chopt, Locker Room Talk, and Verde Life. His primary strength is his ability to set and deliver on successful strategies through proper use of human and financial capital. For more information visit his blog at https://robertsires.wordpress.com.
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Robert Sires
203-543-7978
https://robertsires.wordpress.com/
203-543-7978
https://robertsires.wordpress.com/
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