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[Passive Income JV] Invest In My Service and Get FREE Content + Monthly Return

Discussion in 'Joint Ventures' started by Standard, Apr 2, 2012.

  1. Standard

    Standard Junior Member

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    To My Fellow BHW Members

    I am not going to waste neither your time nor mine. I run a service thread for content writing. The service for the most part has been running smoothly with a few problems due to a few particular writers and work delivery.

    I have a decent client base, now I am looking to expand and get things running more smoothly.

    What does this include?

    -A full website for writers to register, submit samples of their work, get work, and speak with buyers for more specific instructions and for buyers to order and fill out a form for order details to expedite the process.

    -Recruiting and Training more writers for the specific challenges of writing LSI and SEO articles that are informative, captivating, and interesting.

    -Hiring a more qualified general manager for managing the writers. The previous one was fired after three failures to handle client problems effectively.

    -Expanding to other forums: WF(Both Wicked Fire and Warrior Forum), DP, and a few smaller forums and (other methods).

    Where do you come in?


    I am looking for outside investment to expand. There will be three options:

    -1st Option: $100:
    There are 3 spots for this. This will be toward the website, logo, etc. etc. Those that invest in this option will get $50 back a month for six months. They will also get a free pack of 5-500 word articles a month until it is completed.

    -2nd Option: $200
    There are two spots for this. This will go toward the recruitment and training of the writers, as well as tools for making research and compiling easier. Those that choose this one will get $60 a month for six months and 10-500 word articles a month until the JV is completed.

    -3rd: Option:$300
    There are two spots for this as well. This is going to be for expanding to other websites + methods of gaining clients. If you choose this option, you receive 20 free articles a month and $80 a month for six months.

    If you are interested: PM me any questions and your contact information. I can take most methods of payment, but LR.
     
  2. TheArticleMan

    TheArticleMan Power Member

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    So basically you need $1300.

    Why don't you just continue your business and save up that money or get it from a friend or family member.

    It seems more like a loan than a JV imo as you can easily obtain the money you need and keep all the profits.

    Just my 2cents.
     
  3. Standard

    Standard Junior Member

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    Thanks for the consideration. Especially as you are a member of the competition technically.

    To address your questions:

    Basically, It would take longer and be more difficult to save up and work on the infrastructure I have in place to handle orders. To use an analogy, it's like working on a car. If it's moving, its hard to balance improving it and operating it. Thus, I am stopping taking orders to improve the service provided. Also, I wouldn't be delivering the quality I know I could if I had a better trained staff and a more effective means of taking orders. I want to provide the best work possible for my clients.

    I suppose it could be viewed that way, but it's not a loan, it's an investment. Its a business with a stable income and those that invest are helping it expand, whereas a loan is usually for those that are just starting.
     
  4. midnight_focus

    midnight_focus Power Member

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    I'm interested but I got a question

    you will be paying investors $410/m, you have your bst topic up since december (which is good) can you let us know your average monthly revenue?
     
  5. welly_59

    welly_59 Power Member

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    im interested also. let me know your plans for the website and i'll see if i agree with your plan/structure
     
  6. Standard

    Standard Junior Member

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    Thanks for your interest,

    The first week of the service thread began slowly with a total of 24 articles being ordered. I paid $2 per article and that left me with about $60 that week. From there, I steadily received new orders and repeat orders from buyers with the amount of articles being completed ranging between 20-50 a week depending on if: A) The writers recieved and understood the order. B:) The manager delivered the work on time. C) Enough writers were available to handle the workload. My personal cut ranged from $60 a week to a high of $600 in one week (It was an order for 200 5 word articles from a repeat buyer whom got the discount when our price was at $6.50). Thus, my monthly income ranges from $350-$900 a month personally when at capacity. The average is closer to $450-$550, when receiving orders of 40-50 a week or receiving one large order that occurs each month.

    My problem was previously that I would receive more work than my writers could handle or manager would lazily delegate. So, I had to turn it away, much to my chargrin.

    The expected handleable workload will be about 40-50 articles a DAY, and in addition to soon being able to provide higher quality articles than average, faster, by native english speakers, we will be able to handle a much higher workload and provide a level of quality above average.

    I have no problem forfeiting my cut for awhile as long as the thread flourishes and all investors are repaid as promised. This is one of a few side incomes, not my main.

    Also, there is no guarantee that much to get things running. It may be ready after $700, after which I will simply close this thread and stop accepting investment and run it with what I have.

    The following screenshot is from just the month of january after we started getting things rolling a bit. After february I relinquished most of my control to my manager, whom did barely above nothing.

    [​IMG]
     
    Last edited: Apr 2, 2012
  7. mysteriox

    mysteriox Jr. VIP Jr. VIP

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    Im interested. Have Skype? I would like to know plans for the site. Monthly revenue? Thanks
     
  8. phluid

    phluid Power Member

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    So if I pick the 1st option of $100 and take all 3 slots putting in $300(100x3) then I get 15(5x3) articles a month and $150(50x3) a month in return but if I take the single $300 slot(investing the exact same amount) I get 15 articles and only 70 a month in return. That certainly doesn't entice me to invest.
     
    • Thanks Thanks x 1
    Last edited: Apr 3, 2012
  9. midnight_focus

    midnight_focus Power Member

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    ok this sounds good, but I got a few more questions

    How many writer you have now?
    What's your target number of writers?
    what's your estimated time for getting this up and running?
    If I invested now, when should I expect the first payment?
     
  10. Standard

    Standard Junior Member

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    I currently have 5 quality writers that I are dependable and consistently put out good work.
    My target is 15 solid writers to spread the workload.

    Website: Two weeks due to the specifics if I have someone good working on it.
    Writers: I can recruit at minimum 8 good writers and have them trained to be able to properly research and write a solid article in about three weeks of daily training for a couple hours a day. It's all about teaching them the rules and helping them implement them in a natural manner that doesnt change their writing style and make it mechanical and non-natural.

    If you invested now, between 20-32 days until the 1st payment. 20 if everything runs perfectly smoothly, 30-32 if things are awry on either the website or writers end. The most difficult part will be finding a good manager in my opinion.

    I suppose, but I was providing cheaper options for those that want to invest a bit. If you invest $100 you get back $300. For someone new to investing this is a good return. Likewise, if you have $300 you receive $420 back. If you have a suggestion for a more appropriate return then by all means feel free to offer it, and I will see if it is reasonable according to my projected earnings. Thanks for the input.

    Sure, PM me your skype. And read above it has been addressed: $450-$550.

    Pmed.
     
  11. kegnum

    kegnum Senior Member

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    I agree, your pricing structure is flawed:rolleyes:
     
  12. Standard

    Standard Junior Member

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    Again, thank you for the observation, offer a solution that would be more reasonable and I will see if its fair and will change it accordingly.
     
  13. Standard

    Standard Junior Member

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    Update:

    For those looking to invest in the $300 offer. I will increase the amount to $80 over the course of six months and offer 20 articles a month, as per the request and negotiation with those interested. If any more suggestions, please respond whenever possible.

    And for those that take the $100 offer, someone cannot take up all three. Its one per investor. Im trying to help those that are newer to IM as well.
     
  14. 22karthikreddy

    22karthikreddy Regular Member

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    Your ROI is not at all good.. I have invested in 4 JV's till now and it seems to be the ROI is not at all good when compared with other ones.

    If I invest 100$ I'm getting 300$ at the end of six months. 200% ROI
    If I invest 200$ I'm getting 360$ at the end of six months. 80% ROI
    If I invest 300$ I'm getting 480$ at the end of six months. 60% ROI

    Look at the ROI for all the three. You are decreasing the ROI when someone wants to invest more in your business.

    I believe you need to increase ROI once the amount gets increased in terms of investment.
     
  15. Standard

    Standard Junior Member

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    Ok, I will go over my estimates tonight, and see what is the absolute maximum I can afford to give up for six months and this still be profitable/break even. I will update this thread tommorow morning with the new pricing structure.

    I appreciate the feedback from everyone for making this a better JV for all involved.
     
  16. daserpent

    daserpent Power Member

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    You are right but you forgot to put the value of the number of articles offered into the ROI.

    Assuming the value of one 500 word article at $5. The ROI should be :

    Invest $100 = $300 + 30 articles ( $150 ) = $450 ROI = 350%
    Invest $200 = $360 + 60 articles ( $300 ) = $660 ROI = 230%
    Invest $300 = $480 + 120articles ( $600 ) = $1080 ROI = 260%

    With this structure, Option 1 is the best.

    But, as the OP said, he will re-evaluate everything and put up a new structure tomorrow.
     
  17. jpmvc

    jpmvc Registered Member

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    I agree with 22karthikreddy, the structure is not correct and noticed that right away as well.

    I think the OP should consider offering something if the investor does not want/care for the articles.
    Either a higher cash number or "sell" them to another investor at a "slightly discounted" value and give that cash to the investor.

    For me the articles do not have much value as I do not really need them, so I look at the just the cash return and say the ROI is inverted,
    but understand that there is real value in the articles.

    Interested to see what OP offers.

     
    Last edited: Apr 3, 2012
  18. Standard

    Standard Junior Member

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    After careful consideration, the changes are not very drastic, but simple. For those that do not wish to take advantage of the article benefits that are investing in one of the $200 or $300 packages. The following is the new deal:

    I am getting rid of the $200 option as it is not really neccessary. What two of that tier can take care of, one of the higher tier can handle. It's much simpler to deal with fewer investors and less of a pain on my end. Instead, I am going to change it to the following:

    -If you invest $300 and are only interested in the cash-back option: You will receive $100 a month for six months.
    -If you invest $500 and are only interested in the cash-back option: You will receive $200 a month for six months.

    This is the best arrangement I can offer and if that is not enough I am sorry, but this JV is not for you.

    Any questions. Feel free to PM me.
     
  19. daserpent

    daserpent Power Member

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    Well the new structure does seem to do justice for the higher-end investors. Btw, you didn't mention how many spots are available for each tier and would you go ahead with the project even if not all of the spots are filled or would you return the investment to the investors if not all spots are filled?
     
  20. Standard

    Standard Junior Member

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    Great, I am glad to hear that.

    Basically, If I get the bare minimum required, I will proceed until more investors jump on (though its unlikely with the amount PMs Ive gotten just today and yesterday alone). And if it is not reached within two weeks. I will just refund everyone until I have more confirmed.