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I am going to increase rent

Discussion in 'BlackHat Lounge' started by theseodude, May 6, 2013.

  1. theseodude

    theseodude Regular Member

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    Hello
    I dont know if anyone remembers my threads from the past. Here is a summary: I have this attorney website that's ranking for a few keywords. I am renting it out to a lawyer.
    back when I first rented it, I wanted $1000/month. Since the website was getting no traffic, lawyer talked me into $300/month and I agreed. but I also told him I will adjust it if the traffic changes.

    Now, after a couple of months, the site is getting much more traffic, and the lawyer says he has got 2 clients from the site. you know, I am not in India so $300 is nothing. I am considering increasing to $500/month, but I am being a pussy. I have tried to send the guy an email but I keep discarding my drafts.

    One reason that I am hesitant is that this guy has the potential to help me a lot in life. he actually called me a pussy the last time we met. He said "how many girls are you getting? why are you such a pussy?" he gave me a good "ass-kicking", if you will. I actually told him "I wish I had a big brother like you who could motivate me"

    so i dont know what to do. I feel like this site is worth a lot more than $300 but I also dont want to break our friendship.
     
  2. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    I think you're a pussy...is that what you wanted me to say?
     
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  3. Duffers5000

    Duffers5000 Elite Member

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    I haven't seen a pussy that big since I fucked a giraffe !
     
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  4. BHopkins

    BHopkins Moderator Staff Member Moderator Jr. VIP

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    If $300 is "nothing", is $500 "nothing"? Can this guys friendship help make you more money, or is he just telling you about girls. You need to decide if you're in this for the friendship or the business. I have a couple of clients that I do consider friends and I treat them well. They have been with me for years, trusted me and I give them free stuff, better pricing, etc.
     
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  5. Furious George

    Furious George Supreme Member Premium Member

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    Negotiating this kind of thing is difficult.

    IMO.... go to him and say "as we agreed earlier, I'm upping the adspace cost on this site. In 30 days it will be 500 a month as we agreed when you first started promoting your firm on my site. Please acknowledge your receipt of this notice so we may continue this relationship. If you do choose to break this relationship, please let me know. I have several of your competitors willing to take your place. Because we have a personal relationship I'm giving you a better rate and first chance at renewing."

    If he's not okay with that, go get his competitors to pay you 1000 a month and explain that he's been getting business from this site.

    It's business. Don't be a pussy, or whatever the opposite of a pussy is... ... be a business person. This is business. Treat it like business and you will get more respect.
     
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  6. DarkPixel

    DarkPixel Jr. VIP Jr. VIP Premium Member

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    I haven't seen a bigger pussy, since I fucked Godzilla ...
     
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  7. Orbit143

    Orbit143 Senior Member

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    Renting a website to a client seems like a very good deal for you and if you know what are you doing and ranking the site well it is also a good deal for him. I'd start by estimating how much can he approximately make for one client, e.g. how much he charges for an hour or his flatrate for one contract or whatever (I'm not exactly sure how lawyers are typically paid). That way you can estimate the profit he's getting from that site and charge the appropriate amount to keep it up. I'd bet he will do the same if you ask him for more money, he will calculate the pros and cons of paying you your price.

    Also you mentioned friendship - I have no idea how to adjust for that, in my opinion the best is keep things strictly business and professional.
     
  8. matt1972

    matt1972 Regular Member

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    Stop mixing business with personal feelings. Either raise his rent or get someone else to pay it. Also, stop being a pussy lol. Best of luck.
     
  9. Aaric

    Aaric Elite Member

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    Yes you are Pussy.
    keep relationship. it will make you more.
     
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  10. BHopkins

    BHopkins Moderator Staff Member Moderator Jr. VIP

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    This is horrible advice. It's too aggressive, doesn't allow him to win and will surely end this relationship both personally and professionally.

    Everyone wants to win. Tell him that you need to increase the price to pay for ongoing link building to the site (or whatever). Explain how you think it's worth $1000 but you're willing to give him a discount. Explain that you're friends and you want him to be happy with the deal and your service. Let him give you a number (which will likely be about $500) and tell him that sounds fair to you as well.

    He gets the chance to "win" while you get the money you feel is fair.
     
  11. Furious George

    Furious George Supreme Member Premium Member

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    You must be a tall motherfucker.... or maybe it was one of those mini giraffes?

    [​IMG]
     
  12. ShadeDream

    ShadeDream Elite Member

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    Now that's animal abuse.
     
  13. Rotem Guez

    Rotem Guez Power Member

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  14. steelballs

    steelballs BANNED BANNED

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    Never mind the pussy...

    [​IMG]
     
  15. Furious George

    Furious George Supreme Member Premium Member

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    I'm pretty sure that's human abuse....
     
  16. Orbit143

    Orbit143 Senior Member

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    Honestly I don't see why it's so horrible. I'm not saying take him for 90% of his profits, but you simply gotta know how much is the site worth to him, measure the benefit somehow. How else would you set the price? Flatrate is fine - set up the site, set the prices fixed, he agrees on that, all right. But if you want to increase the previously agreed upon price, you have to calculate how much, dont you? Assuming you want to keep the client. Another aproach would be to double the price (or triple) and say take it or leave it, but THAT seems pretty aggressive to me.
     
  17. BHopkins

    BHopkins Moderator Staff Member Moderator Jr. VIP

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    I'm glad we're able to get back to the OP instead of posting pictures :)

    My problem was the sales approach, not the way you set the price. To me the price is irrelevant. If OP can get $1000 from someone else, go for it and then offer that to his client.

    If I were his client, I would call his bluff if he tried to tell me he could rent it for $1k/month. If he does that, and the client calls his bluff, he loses the client and goes from $300 to $0.

    A softer approach isn't weak, it's smart. Playing humble will make you more money than acting a fool by faking toughness.
     
  18. Techxan

    Techxan Elite Member

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    If he is your friend he is taking advantage of you. If he is not your friend he is still taking advantage of you.

    You already explained that you would raise the cost. If you have done this right, you have a clear idea of how many contacts this site is creating.

    Add these up, and determine what he is likely making. Then approach him and make a pitch.

    In the mean time, spread a few of these links to other lawyers, and see how they respond. If your friend will not pony up fair market value, find someone who will.

    I think you may have the same problem I used to have. I grew up not poor, but far from well off. I always worked for a wage and I am used to that. I used to feel that if I were to charge the customer fair market value, I was cheating him in some way, because the money is so high for the work I put in.

    It took me a while to understand that I am selling my knowledge, not my labor. Those who do not pay my rate do not get the advantage of my knowledge anymore.

    Get away from that blue collar mentality that you are worth the amount of work you put in. That is a workers attitude, not a business owners. Quit thinking you are worth the labor involved, and start thinking you are worth what your labor accomplishes.

    Odds are he will respect you following through with what you have already told him you would do when the volume increased. He expects that at some time, and if your leads are attractive to hm, they will be attractive to others as well.

    Friends are fine,m but business is business. Right now, he has a great business arrangement because you are working for him at a discount.

    You are in business, your goal now is not to earn a wage for your labor. Your goal now is to maximize your profit and minimize your expenditures. If he is paying rate below fair market value, you are not maximizing your profit.
     
    Last edited: May 6, 2013
  19. ryannull

    ryannull Senior Member

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    Do you have the agreement in writing?

    Be prepared to be screwed. Lawyers are good at screwing people, especially with no contracts. It's all your word against his.
     
  20. Orbit143

    Orbit143 Senior Member

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    Ok I'm not sure but I assumed the website is quite unique and is only possible to be sold to this specific client. Most professional websites are personalized, unique template and unique content. Pushing it too far would result in loosing the client and ending up with basically worthless site (not possible to sell to anyone else). That's why I suggested calculating the price carefully and base it on client's benefit from the site. Maybe event open partnership based on some percentage could work, he said they are friends. Of course if OP has other more solvent clients he has the advantage and can "afford" to loose this client but thats not very smart.