Stopping Your PM Cutting You Out The Deal?
I have seen people talking recently about hiring a project manager to run all their outsourcers and manage their IM business so they can take it easy.
What stops the PM just cutting you out of the picture and making the profits for himself?
Maybe I am mis-guided but I just see it as risky. I find the niche, I spend all the money doing the testing and finding what sells and what advertising works, then I train someone on how the entire thing works and expect them to work for me on the cheap while I rake in the profits?
I use several different outsourcers so each outsourcer only ever knows a small part of what I do. None of my outsourcers know each other. The only people who I share the whole process with are other IMers doing the same thing who share their data with me.
Having someone else manage them all sounds great. My core business has a high barrier of entry so I'm unlikely to run many risks there, but several of my revenue streams (the ones that could be managed by a PM) could be easily copied if someone had access to all my information.
I know a lot of people here have similar revenue streams. I basically buy content in and I use various methods to make this content return more money than I paid for it. Am I being paranoid thinking that when you show someone how to do this they will infact go do it for themself aswell-as/instead-of for you?
What stops the PM just cutting you out of the picture and making the profits for himself?
Maybe I am mis-guided but I just see it as risky. I find the niche, I spend all the money doing the testing and finding what sells and what advertising works, then I train someone on how the entire thing works and expect them to work for me on the cheap while I rake in the profits?
I use several different outsourcers so each outsourcer only ever knows a small part of what I do. None of my outsourcers know each other. The only people who I share the whole process with are other IMers doing the same thing who share their data with me.
Having someone else manage them all sounds great. My core business has a high barrier of entry so I'm unlikely to run many risks there, but several of my revenue streams (the ones that could be managed by a PM) could be easily copied if someone had access to all my information.
I know a lot of people here have similar revenue streams. I basically buy content in and I use various methods to make this content return more money than I paid for it. Am I being paranoid thinking that when you show someone how to do this they will infact go do it for themself aswell-as/instead-of for you?
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