Thursday, 16 May 2013

The Charter of Ian Johnson

When you meet Mr Ian Johnson he will describe himself as a “Chartered Accountant” and give an impression of a “stunningly successful” businessman:
“A fully qualified Chartered Accountant, Ian has seen his many and varied business interests take him literally around the globe.” (Source: Ian Johnson's biography, The Infinite Group franchisee induction training materials)
He even states this in his own Biography within new franchisee induction training materials (and we use the phrase “training materials” loosely here).

Thursday, 9 May 2013

Luminar: Bumbling Amateurs or Elaborate Con?


My experience with Luminar must be something akin to a soccer “mom”, who sets out with excitement and pride, rooting from the sidelines, only to find her little darling is not only no bloody good at the game, but resorts to the foulest of tactics in order to keep others from realising the fact.

Billed arrogantly as “one of the world’s leading investment companies”, Luxembourg-domiciled Luminar claims a “unique” means of acquiring businesses.  Allegedly underpinned with an “insurance” product that safeguards any deferred consideration (AKA the money the seller waits for after the deal has been done), Luminar positions itself as a cut above any other acquiring party.