November 1641 - Day 137

Martti's quick guide to make a successful exit, cashing out Baron-sized money in the process, and at the same making him a risk-free option to hit big with a business:

Disclaimer - This works even if your side-job is not the King/Gamemaster, but it most likely does not work until you have 100+ days of active, social and courteous playtime behind you.

For a middle-aged man that Martti is (the old King started reigning at 34, what is Martti doing at that age??) the pressure to get a nice place to live and plan further moves is getting urgent. But but, the minimum to get a Baron-rated house and the land in anywhere except B.4 (where Martti's current house is for sale at 44 mil) is about 80 mil. That is a steep money for anyone.

So, the plan is to capitalise on the current tailor business (built with the loans from the Prince of Rome) by taking it public. For this to interest the audience, it is important to be a char in good standing and the business cycle needs to be good. (The pricing usually does not even matter, but to maintain the good standing, the buyer needs to make profit).

Making a corporation in CK is very easy - contact the admins and a new account (char type Ingame Corporation) is set up for you against 10 mil fee. A standalone corporation (Foreign-Owned Corporation, FOC), costs 30 mil.

The corporation may create any number of shares to itself, and start to sell them. In Martti's case, the initialisation process involved creating 500 shares and giving 125 of them to Martti for the services he is doing to the company and also promising to pay 160 mil to Martti once the rest of the shares get sold. If anyone buys the shares at these terms, is the question that was answered above, but is always uncertain until it happens. You just have to try!

In the first 8 hours, Martti got the following investors @ 1 mil/share:
- Prince Crichton 50 shares / 10%
- Duke of OZ 50 shares / 10%

- Prince of Rome 150 shares / 30%

- goin2mars 25 shares / 5%

Only after the free markets had bought 275/375 available shares (to ensure that the issue is selling with its own merits), Soul and the King bought the rest. They are among the characters that own a share of almost everything.

So now the company is in a good shape with Luigi owning the largest stake (30%) and Martti close second (25%), and the 5 minority owners having 45% total. The money is received with only one payment pending. Martti is debt free (after paying back to Prince Noms), and a Baronial Den is in the advanced planning process in Martti's Lane 16 (who could forgo the temptation to live on an alley that is named after him?!? ;) )