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Looking for a partner - 20% Ownership in the paysites up for grabs
Something i was working on seems to have fallen through and i will no longer be going with the plan and am here looking to possibly find someone else.
Here is what i seeking Someone who has strong ties to the adult industry to get lots of traffic to the sites. Someone who can redesign the sites if needed or do any sort of graphical/html work as needed to keep the sites selling to the surfers. This person will be able to work with minimal input from me to help build these paysites to be as big as possible while i work on adding mass amounts of content to the sites. Bascially i am looking for someone to run all aspects of the program while i take care of all the techy stuff and provide all the updates to the content of the site. Now for the 20% ownership, this is 20% of the overall numbers and not 20% of the money generated by you. If a webmaster joins and promotes the site and you never referred them you still get the 20% of the NET of all the paysites. I have access to more than enough content to make these sites quite possibly the biggest video sites on the net, although most of it has to be streamed i still can get some downloadable DVDS from other contacts in the biz. If this is something you're interested in then drop me a line on ICQ at 5956902 Joe |
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Some Info on the affil site: Webmasters earn 50% recurring commission on the paysites, main one is http://www.smut-video.com . Webmasters will earn a further 20% on all DVDS Sold through the affiliate program, whether it is from within one of our paysites or promoted seperately. http://www.dvdera.com is the site for this part of the program. Multiple paysites can be dropped into the program with about 5 mins work do adding niche sites is as easy as cheese. All the processing is done via probilling with the exception of DVD Era which we use our own merchant account. The 20% is on the paysites only and not on the DVD Era site although we can work out some numbers to the partner |
35% and thats my final offer.
:thumbsup |
Nice. great opportunity for anyone thinking about starting a program. Too bad we're full.
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That's a lot of work and responsibility for 20%. I've had 20% offers for only being the webmaster... marketing is quite time consuming, not worth 20% when they can become an affiliate and market the same site for 50%.
Something like that could give you a bite. Give 20% overall just to manage the site, then allow them to market it as an affiliate. |
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They get 20% all paysite sales and not just the sales of referred webmasters. Lets say smut-video.com does $1,000,000 in sales and he cost to run it is $600,000 (including webmaster payouts) which leaves a net profit of $400,000. This would mean that my partner would be getting $80,000 from me.. doesnt sound like a bad deal to me. This is not a "you send me traffic and i pay you 50% recurring commission on your sales" this is "You run the sites (marketing/design) and you get 20% of everything earned (after expenses)." deal. |
*bump*
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IMHO - designing AND marketing is way more than 20% of running a program.
:eek2 |
I am hitting you on ICQ, 101411627.
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You may want to rethink that.
Marketing and sales is 80% of the work. So the person doing the marketing should get 80% of the profit. Just my 2 cents. Hugs, Danielle |
20%? :(
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Marketing person, 40-50K USD These are generous estimates based upon my last job working for a porn company. You're right, someone supplying the ALL content (over 300 DVDS), someone doing all the programming, someone running all the servers, covering all costs, someone encoding all the content, lining more studios up to use their DVDS is only worth 20%. 20% for someone to market a few paysites to some webmasters is not worth more than 20% of all the money the company generates. Maybe if the person stepped upto the plate with enough content to match what i've put into this, maybe if the person threw a couple hundred grand my way i would cut them in for 50% of the NET. 20% of all net profit across the board is an acceptable deal in my humble. |
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dumbass. |
workin another angle huh notjoe
get real, you're asking somebody to work for 20% of the NET profit, when he can work the same amount of hours and get paid 50%, 60% of any signups he's responsible for. |
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Dude, what are you smokin? |
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Sure he could signup to someone's program, make 50% of all sales referred by him, maybe make another 10% on all sales webmasters he had referred generate. If the guy wants to signup and promote the program sure he will be treated like an affiliate and get his 50% commission. I really dont care whether he sends his own traffic to my program or not as long as the webmaster traffic comes to the affil site. I dont know whether you're stupid or just trying to give me a hard time (probably the second of the two) so i will see if i can make it more clear with some numbers. 10 webmasters signup to the program. 5 of the webmasters come directly from this person promoting the affil program. Lets assume that each of the 10 webmasters does 100 sales each. Time for some simple math, i hope you can follow. 1000x40 = $40,000 (signups * price of a monthly membership) 40000/2 = $20,000 (This is the payout of the 50% to webmasters) 20000-1000 = $19,000 (This is were we take in the expenses of the company) Ok, now here is where it might get tricky for you since this seems to be where you have the problem understanding. So out of our net profit the person promoting the program would have helped generated only half of it which is $9,500. The person who i partner with will get the 20% of the $19,000 and not the $9,500 directly generated by webmasters who signed up because of them. Now, if you want to rant and rave about "What about the 10% referral bonus i get from other paysites, it is the same thing you're offering." No it isnt. The main difference is that this person promoting someone elses program would have to work twice as hard to generate the same amount of revenue. Furthermore, Since the webmaster makes an extra 20% recurring commission off the DVD Store as well as the 50% recurring commission off the paysites where do you think they'll see more money coming from? Plus there is a % that could be worked out for sales on the DVD store site as a result of the overall affiliate numbers. Hopefully this help to clear it up and if it didnt i dont think there is much else i can say to make you understand. |
If I were you I'd not let the person be the designer as well. Top designers will stick with designing, so you will be getting a less than perfect design.
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Mind you one advantage of working in this business self-employed is you earn the amount your talents/efforts are worth not the amount someone wants to pay you. Often totally different things. Just to add my :2 cents: 20% is way too low for the work involved. Anyone who would be worth employing (ie someone who has a clue) will be making FAR more than your 20% will earn them. If they aren't then it's not worth using them anyway. |
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That is what python pays their employee's. Working at python as a Sysadmin i was only making $40,000 Canadian which is about $26,000 American. Before you go saying i sucked and couldnt do my job that is about what they paid every sys. admin except for the head sys-admin. Maybe the marketing people got more but somehow i doubt it. I know designers were making less than me. I remember one marketing person, Janese who initially ran the naughty list when python bought it was making less than me. |
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Sounds almost like 2 jobs don't it.
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notjoe if you could show that you had all this other traffic and all these affiliates that this person you want to hire would get 20% of too than it might be different.
But you're telling everybody that you don't have many affiliates and traffic, that is why you are looking for a marketing whiz, so you're offering a ridiculously low price for this person, since he's going to be responsible for attracting new affiliates and traffic. the cold reality is in this thread, you are not going to get any talented marketing or design person to take your offer - in fact without a guaranteed base salary it wouldn't make a difference if you were offering 60% of the net profits. |
Ok mate now I am interested ....
I get offers of 50k a year. what do you guys do and how good are you ar it ? I mean seriously I hear all these big figures being thrown around. Exactly how good are you guys ? |
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You must eat Caviar for breakfast... |
This guy is looking for 18 year old with lots of time and poor math skills. 10% webamster referral and 20% of net are the same thing if you are paying the webamster 50% of sales.
I refer 10 webmaster who make 100 sales at $30 $30,000 times 10% referral = $3,000 I join you and send 10 webmasters who make 100 sales at $30 $30,000 times 50%= $15,000 times 20%= $3,000. They other 10 that wander in cover processing, fraud and bandwidth? I have not run a paysite but I assume there are expenses. 50% seems closer to the nut. |
"notjoe if you could show that you had all this other traffic and all these affiliates that this person you want to hire would get 20% of too than it might be different."
As word of mouth spreads about the program more and more unreferred webmasters would be joining. that 20% starts to look pretty nice when this happens instead of the 10% of all referred webmasters, eh? "But you're telling everybody that you don't have many affiliates and traffic, that is why you are looking for a marketing whiz, so you're offering a ridiculously low price for this person, since he's going to be responsible for attracting new affiliates and traffic." That is correct. If i was actually doing anything with the sites then i might consider hiring traffic brokers/contacting them instead of letting someone else earn their 20% of the entire biz by doing this. As the company grows this person will make more and more. You may like to stick with your 50/50 deal, for only the sales you generate but maybe someone wants to put the work into something to earn 20% of every single sale. "the cold reality is in this thread, you are not going to get any talented marketing or design person to take your offer - in fact without a guaranteed base salary it wouldn't make a difference if you were offering 60% of the net profits." You're right, i am not going to get offers which is why i do have people icqing me. They're all telling me how they;re not interested. Bottom line is if i was to be paying a marketing wiz to market the sites i would not be offering a percent of the company. Name one company who hires marketing people and throws 20% of the business, the entire business at them. I sure CEN hired BT and said here is 20% of all net profits for CEN |
Pie in the sky :)
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The math just doesn't work out, notjoe. You need to offer more. Your rationalizations aside, everyone is looking at this offer and laughing.
If you offer a 10% webmaster referral, someone could start their own private operation and make as much as you are offering. Why? Because you are asking them to do all of the promotion. You need to offer a higher percentage. If you are serious about wanting a partner, it is going to take more than a token percentage. Are you so unsure of your program that you don't think it could make you enough money if you paid the promotions/design/marketing person 40-50%? |
z
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The math does work out. He is not offering 20% of referred sales, but 20% of net profit. Most likely, the marketing person won't be sending all affiliates, so the profit will be far greater than when just referring webmasters.
Only problem I still see is that he seems unwilling to hire professional designers. To me, it seems like idiocy to let your marketing person do your designing. But that's just me, ofcourse. |
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"I refer 10 webmaster who make 100 sales at $30 $30,000 times 10% referral = $3,000" Yes $3,000 would be your referral commission. What happens when each of those 10 webmasters tell their friends about the program, and signup 10 webmasters each? now the program has 100 webmasters and you're only getting your 10% off those 10 webmasters where my partner would be getting 20% of all those 100 webmasters. If you rather stick with the 3,000 and dont want a price of everything else then dont respond to the thread. |
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As for the marketing/designers, i've met a few people on this board who can handle both aspects of it but considering how some people dont like me they rather keep their distance. |
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I hate to bump horns with you now Joe.. but this is ths second time you've offered this to the public, and the consensus seems to be the same. You should ask yourself the question: Are the few people are ARE willing to work for the 20% I'm offering going to be good enough for me and my company? The answer is probably no, and if you think otherwise, your going to learn the hard way through wasting a few months of time. You'll probably do "all right" but I think you'll find that hypothetical mililion a little harder to come by than you thought. Forget about design.. pay people for designs as needed, thats cheap, but leave accepting designs/designers up to the person in charge of marketing of couse. But If a person is desperate enough to do 100% of the marketing for that 20% of the rake on a start-up, then you better beware. Unless of course you don't mind mediocre marketing campaigns. Just remember, 100% of nothing is nothing. And 50% of millions is a lot better than 80% of a couple hundred grand :thumbsup :2 cents: |
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What is amazing is that it is exactly the same people saying the exact same things yet again. To be quite frank either people like Mutt are stupid and just dont grasp what a "Partnership" is outside of the Webmaster/Affil site logic. Or like that slapass guy saying he rather have 10% of the webmaster referral commission than 20% of the commission on every webmaster sale whether it is a referred webmaster or not. Some people are just stupid. |
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50% of net profit for marketing is simply ridiculous. It's only one part of the whole business, admittedly an important one, but so are the other parts. Remember, it requires no investments, just hard work and skills. |
Sounds like a nice deal.
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But the bottom line is 20% would be good if the roles were reversed.. I understand you can't do everything, but can you conduct effective marketing campaigns? Before you respond, let me tell you - If you could you wouldn't be here. If you CAN but you feel your already juggling too many hats, then swapper around those jobs a bit and free up some of your time... hire someone to do the encoding, the deisgn work, bigger coding projects even (and audit it yourself). That is how most successfull paysite operators operate. The main thing they are good at is marketing & coming up with good ideas, the rest is just a matter of deligating jobs to different people FT/PT or as needed. You are bringing a lot to the table with all that content, but why wouldn't someone with the skills just purchase access to it (and more) from hostedcontet.com? ;) I'm telling you if you want to find a good partner thats going take you both bigtime -- then offer 50%. You do this and you'll find you'll get a whole different calibre of responses. I mean it's basically going to be a 2 man team as far as the administration and idea lab goes - It just seems more... "partnery" (for lack of a better word) to offer an equal share in this empire you would like this person to create for you. |
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Initial investments. |
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You are 100% right when you say i could do all this stuff but then you have to think where your attention is needed more and what your core business is. I dont make a living out of the paysite, i dont even make a living off hostedcontent.com, well i dont take money from the company as of yet though it is still owed to me however it will soon become my living. You may ask why do everything yourself? To be quite honest if you want anything done right you generally do it yourself. The company is too new to start delegating work to hired employees and we are still expanding our features which are offered to the customers. Smut-video.com has the same feeds as hostedcontent but the difference is the feeds which can be only streamed from within canada are enabled & streamed off canadian soil, these feeds cost extra if you were to get them from Hosted Content. The other thinks like the DVD store upsell, no need to for the surfer to re-register with DVD Era if they're already a member of smut-video. One click rebills for members who cancelled the rebill and attempted to log in afterwards when their time has expired. Basically, i wanted someone to run all aspects of the program, whether they pay for a design or do it themselfs i couldnt really care (as long as they can actually design) while i provide everything else to make this one of the biggest video programs on the net. There are multiple reasons i dont attempt this stuff on my own and it isnt really because i cannot do it but things like the constant senseless attacks on me for one probably wont get webmasters flocking to the site. Overall im too busy to deal with this stuff on my own as i deal with it for other programs and stuff i got going. Over-all, there are a lot more ways to make insane cash with the program because of its design but no need to go into details about that ;) |
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