It has taken me 6 years to figure out that your username is WF backwards.
Holy shit, same.
Profit Sharing Partnerships
- Thread starter BlueYonder
- Start date
Holy shit, same.
In the long term, the guy who writes the checks is the one who makes all the money.
Build your own products, make your own deals, build your own list, and pay other people to do the things you can't/don't want to do.
Rodale is a good example mentioned above. I know guys who constantly do work for Rodale who doesn't even pay them at all, just because it's Rodale and they want to be on good terms. Rodale can do this because they control the chips. They make shit happen. They have the list and the customers.
There's advantages and disadvantages to taking a percentage. In the long term the payoff can be much larger. However, if the other guy drops the ball, that payoff never happens. Depends on the quality of the people you work with.
The one guy I know that consistently gets 20% just to half ass write sales copy. He get's this 20% not because he can write copy (he can't), he gets 20% because he sends one email to his list and another to his affiliates and he doubles your sales. You hire him, you get free money in exchange.
So if there's a lesson in all this gibberish, think about what you want to be capable of in the long term (just an expensive copy writer vs. someone who can make sales happen)
Build your own products, make your own deals, build your own list, and pay other people to do the things you can't/don't want to do.
Rodale is a good example mentioned above. I know guys who constantly do work for Rodale who doesn't even pay them at all, just because it's Rodale and they want to be on good terms. Rodale can do this because they control the chips. They make shit happen. They have the list and the customers.
There's advantages and disadvantages to taking a percentage. In the long term the payoff can be much larger. However, if the other guy drops the ball, that payoff never happens. Depends on the quality of the people you work with.
The one guy I know that consistently gets 20% just to half ass write sales copy. He get's this 20% not because he can write copy (he can't), he gets 20% because he sends one email to his list and another to his affiliates and he doubles your sales. You hire him, you get free money in exchange.
So if there's a lesson in all this gibberish, think about what you want to be capable of in the long term (just an expensive copy writer vs. someone who can make sales happen)
I personally believe it's okay to be all of those things for multiple income streams: well paid copywriter, creative partner working for a %, product vendor, affiliate, etc. Variety also keeps things interesting.