so they have just called me and ask me to attend their free seminar. Did you have a good experience with them selling your company?
I did and the activity is good I guess. The good thing is I feel better prepared now than when I used my previous broker. Good thing is I didn't loose much money with the broker but I have nothing to show for the two years he tried. Some people found out that I was selling that I didn't want to so I had to try something different. I'm hoping this will be over soon and I wished I started this sooner.
How did it turn out? anybody else out there give a check to these guys with POSITIVE results?
Well, I just gave them a check! I guess I might have just made a bad decision. I sold a company back in 2000 without representation and it sucked. I looked everywhere for dirt on them but couldn't find any. The article is kinda old and it does say at the end that changed their practices. Maybe I'll be ok.
Well, if they have to pay some clown like you to shill on a site like this, it must be a SCAM. Honest companies never have to stoop this low.
Does your mom know you STEAL MONEY for a living?
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Many thanks to all who have posted on this thread. We considered engaging Generational Equity for $34,500 and it turns out that the current president of Generational Wealth / GW Equity/ Generational Equity is the son of the former president of Great Western is named in a 2001 Inc. Magazine article:
posted on this site at http://800notes.com/Phone.aspx/1-972-450-3161
Exact same pitch as described on that thread.
This company has gone to a lot of trouble to cover their tracks.
Thank you again!
Called asking for the boss by name. When asked his name and company, he mumbled something very low, made it seem like he was a potential customer. Hung up and then immediately called back. If I was at home, I would never answer :)
This guy Chuck Poe call twice and will not leave a message, just wants to speak to the owner. After I got tired of his attitude, I told him I was the owner, and to tell his interest with my business. He stated that it has to do with the day to day operations of the company, and again I asked him the nature of the call. He said the way I was doing business just cost me business and hung up. I Googled the number and it is from a company called Generational equity and is a scam.
If he calls, do not talk to him
I Love Chuck
Quit crying about it you big baby. These people that work there are slaves to the man and they have no choice but to call you.
Doug Bellers or Fellers called from this number 7/14/10 left message on voicemail 6:40 am for our owner. Said it was a "confidential business matter" but our owner will not return calls he knows nothing about.
Chuck Poe called me too asking for the owner. He said he wants to talk to us about an "important business interest."
Chuck Poe seems to think that he's not selling anything. Maybe he doesn't know what his job is? Anyone that knows anything knows that a company that deals with equity is trying to sell you something...this guy is not smart. He was offended when I told him that my boss would not return his call and would want his name and number removed from their database. He said that I was unprofessional because I don't feel it right to waste a salesperson's time so I give them the answer that I have been asked to give which is simply "not interested, please remove our/his name and information from your database and not to call again."
Generational Equity Client
? Nearly 150 completed transactions in the past 3 years.
? Transactions values ranged between 3X gross revenues to 27.5X gross revenues in 2009 in the worst economy since the Great Depression, including mine.
? The Top Rated M&A in North America for companies with revenues of $1MM to $100MM according to Thomson Reuters, a third-party reporting agency.
? No outstanding complaints with the BBB.
Don't take my word for it. Here is a watchdog group's investigation into the firm:
Here's their website: www.genequityco.com
I hope this helps you decide if they are worth your time. I am glad I returned the call.
Chuck Poe just called here again. I told him I was a manager, because I get tired of the 40+ bogus calls a day that ties up my phone. He would not leave a message, just wanted to speak to the owner. Scared of loosing any business (I own a generator business) I told him I was the owner and to state his business. He said the way I run my business is costing be business and slammed the phone down. I googled the name of the company and the phone number still being cautious, read like stories.
Do not let him intimidate you, and if you see Generational Equities or this number, remind him of this site, he will not harass any more
About a year ago, we put the following tag on the "contact" page of our website:
Basically, it pulls the phone number of our business out of the search engines and with that the programs that the outbound call centers use to look for "local businesses" generally won't come back with a phone number.
We've seen a dramatic decrease in calls.
Just received a call from Chuck Poe from Generational Equity trying to let our president (by name) know about an upcoming seminar/informational meeting in Milwaukee. He left this phone number and said he needed "phone time" with our president to let him know about it. The message will not be passed on (except to tell my boss about the scam).
Chuck Poe from Generational Equity left a message..... feedback on inquiry he received regarding my business. I think not!
Rec'd a VM from someone named Doug Fellers calling from General Equity (972) 481-2937. He asked for the owner by name and said he had a "confidential business interest" to discuss and that it was not a sales call. Did not call back.
The guy left a VM saying he was from "Generational Equity." I guess their old name was associated with being scam-artists so they are trying to fool an entirely new generation by changing names. They're as legit as...any of the other thieves who say they aren't selling anything when they really are trying to sell something. SCAM!
I know some people who work for GW. They're legit. But like all salespeople, they can be annoying.
"Ralph" asked for our owner, but he wasn't available. He left his name and phone number. Said it was a 'confidential business matter.' and I had to repeat the number also.
Just found the name of the company. Its GW Equity out of Carrollton, Texas. They do mortgage financing.
Called asking for a doctor here. Called the doc by his first name. When I explained my company's relationship with the doc, he insisted on leaving his number. Stated it wasn't a sales call (very funny!) Also asked me to repeat the number back.
Called asking for our company owner by name (although severely mispronouncing it). when I told him he wasn't available, he asked to leave his name and phone number. he then told me it was a 'confidential business matter' and made me repeat the phone number back to him. Yeah, like the owner will waste his time calling him back!