A $250,000 Client. Offline Business.

by LMC
35 replies
It's something to brag about.

However, luckily for you, I'm not just going to brag, I'm going to share my concept and USP with you.

Firstly, I grabbed this client's interest a year ago, when the stock markets were doing a lot worse, and the economy was shooting straight to the ****ter. I saw this as an opportunity.

I can't take all the credit for the idea, because my friend John who works at Morgan Stanley really sparked the idea. Over a couple beers we were talking investments, I was discussing the Forex Markets as a good option, he was discussing how he is getting buried in the stock market and wants to pull out and do something else with his money.

So, I said to him...

"What if I could promise you 200%+ returns on your investment."

Naturally he laughed and said, "What in Forex?"

I said. "Well that would work, but I can't promise you that, This I could pretty much guarantee your returns".

He said, "My answer is obvious, explain".

------------------------------

I grabbed a napkin and a pencil from the Quick Draw Lottery box at the bar, and said, "With your capital, I could create you a diverse investment portfolio of websites." Websites that operated in all different ways, targetted different niches, and produced income with multiple streams.

He responded, "That's interesting, how much would these sites earn?"

My response, "My goal would be just $100 per month for each site, easily doable".

He says, "How many sites are we talking?"

I say, "100... 100 sites making $100 per month.

He says, " So I would own 100 sites, making $100 per month, every month, automatically?"

I say, "pretty much".

He says, "That's an interesting concept let me think about it."

-----------------------------------

So, I went home at thought about my pitch to John and realized that their is a huge potential in developing networks of sites for investors.

When I mean investors. I mean Stock Brokers, Day Traders, people with capital.

So, John actually never agreed to move forward, but he did spark the idea. So, I took a risk, and bought a large database of US stock brokers and traders. Not an email list, a complete mailing list and phone number list.

I first mailed out a brochure for a new investment strategy, followed up with phone calls, and emails...

Horrbile conversions... all hang ups, grabbed maybe 75 interests out of 100,000 people.

Out of those 75, I was able to keep interest of about 10.

Of that 10, 1 contacted me to meet me personally one on one.

----------------------------------------

Here comes mister BUCK.

----------------------------------------

Obviously BUCK is not his name, just what he has.

I was dressed in a business casual attire.

I met him in Washington Square Park in Manhatten. We shook hands, I made sure to shake firmly but not do overwhelming of a grip. I asked if he mind if I grab a cup of coffee and if he would like one. He said, sure two sugars and half/half.

We sat on a bench, and I pulled out a folder with some papers explaining the investment portfolio. However didn't discuss them yet.

I asked him if he wouldn't mind letting me know a bit more about himself. He started to talk about his endeavours in the past, where he is now, and all a while I took notes on who he is as a person and his history so I can pull it back later in my sales conversation.

I was queued on his completion of his story when he said, what about you?

In which I explained my life, the 7 years on the Internet, the learning curve, and etc...

I then stopped and asked him a question that related to his history a bit, I wanted to relate to him more, so I brought back some discussions on the DOT come boom of 1999 that he discussed briefly.

He helped by again queuing in the sales conversation... he broke ice by saying...

"So let's see what your going to sell me."

I laughed, and said, "Not sell, but inform..."

--------------------------------------------

I showed him about 25 pages of information, of all different type of websites that we can create for him, how they were to be monetized, how they were to be advertised, and how the system would be automated. I explained how we would run the system for him, and he collected checks respectfully.

He shot me the question of...

"If you can do this so well, how come you don't own 1,000's of websites".

I pulled another packet out of a list of 146 sites or so that we have that produce simlar or exact results.

We went back and forth for about an hour and a half, with questions regarding procedures afterwards, staff to run the sites, etc, etc, etc.

In the end, the entire deal was more then just an investment portfolio, he was outsourcing complete business development to us.

---------------------------------

We took a week to prepare contract documents, and met again, this time at his office.

In the end, he was buying to setup a network of sites that operated to produce $40,000 per month for him in revenue. Revenue was not guraranteed but based on past numbers research, etc, he could see how it was expected.

I charged him 6.25 times the number he wanted to produce in revenue on a monthly basis, and showed him how it is fair.

For after one year of network use, his profit would be $470,000 or so.

------------------------------------------------

We split payments into 4 milestones each milestone with it's own contractual aggreements.

It's been a month into the project, and so far boith parties are extremely happy.

------------------------------------------------

Why You Should be Reading This.

------------------------------------------------

This was in no shape or form.... easy

In fact I have never worked so hard in a three month period then I have the past three months, but the pay off was awesome.

The entire process of building sites is being outsourced through 3 different companies, the marketing of the sites is being outsourced, and now at this point, I sit back and project manage, with hopes that there are no problems.

What I can tell you from my experience is, why sell success to individuals with no money, when you could target a BUCK. That could take you to the bank every year.

You don't think that after this deal, when successful, he will want another?

Now for the next three months, I got to adjust my pitch, change up my wording, and create a better sales prospecting and closing process.

For those that have "capital" connections and are interesting in receiving more information about what I did here shoot me a PM or email, my forum time has taken a toll the past two months so be weary response may take a day or two.

In any case,

Just sharing my experiences, have a good one.

P.S ~ to coin this in our industry we can call it... Reverse Flipping.
#$250 #business #client #offline
  • Profile picture of the author Kelly Verge
    Great story.

    The take-away is that you planned and then you took massive action. Even your "failures" with John and the 99,999 investors didn't slow you down.

    Way to go!
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  • Profile picture of the author Dexx
    Well done!

    Now that you will have the cash capital yourself, would you consider just building a similar network just for yourself and growing from there? (instead of selling it off again to other clients)

    ~Dexx
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    • Profile picture of the author Fernando Veloso
      Great work LMC!!! Truly inspiring.


      Originally Posted by Dexx View Post

      Now that you will have the cash capital yourself, would you consider just building a similar network just for yourself and growing from there? (instead of selling it off again to other clients)
      You beat me to it.

      Signature
      People make good money selling to the rich. But the rich got rich selling to the masses.
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  • Profile picture of the author Imran Naseem
    Banned
    Excellent thread.

    This is why I love it when people talk about REAL BUSINESS - threads like this are an example.
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  • Profile picture of the author affjourney
    Please pm me the details on this. I could give you some targeted leads

    Thanks in advance
    Signature

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  • Profile picture of the author iw433
    First class!!!
    Signature

    Bill Skywalker Edwards
    Address-O-Lite

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  • Profile picture of the author LMC
    Dexx,

    Without a doubt, I want to do both.
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    • Profile picture of the author blissk
      Woah - this is inspiring. Thanks for sharing. I like your persistance and your comeback...."not sell, just inform..." - stealing that line!

      -Anand
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  • Profile picture of the author Len Bailey
    Great story -- and a great product to boot. You should consider submitting it as an article to some marketing publications (complete with a lead-capture plug in your bio box, of course).

    Congratulations -- and here's to your continuing success!
    Signature

    Len Bailey
    Copywriter/Consultant
    Feel free to connect on LinkedIn or Twitter

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    • Profile picture of the author majidmaskat
      that is just, wow, you need a round of applause plz every warrior honour him
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  • Profile picture of the author Denise Oyston
    Originally Posted by LMC View Post

    It's something to brag about.

    However, luckily for you, I'm not just going to brag, I'm going to share my concept and USP with you.

    Firstly, I grabbed this client's interest a year ago, when the stock markets were doing a lot worse, and the economy was shooting straight to the ****ter. I saw this as an opportunity.

    I can't take all the credit for the idea, because my friend John who works at Morgan Stanley really sparked the idea. Over a couple beers we were talking investments, I was discussing the Forex Markets as a good option, he was discussing how he is getting buried in the stock market and wants to pull out and do something else with his money.

    So, I said to him...

    "What if I could promise you 200%+ returns on your investment."

    Naturally he laughed and said, "What in Forex?"

    I said. "Well that would work, but I can't promise you that, This I could pretty much guarantee your returns".

    He said, "My answer is obvious, explain".

    ------------------------------

    I grabbed a napkin and a pencil from the Quick Draw Lottery box at the bar, and said, "With your capital, I could create you a diverse investment portfolio of websites." Websites that operated in all different ways, targetted different niches, and produced income with multiple streams.

    He responded, "That's interesting, how much would these sites earn?"

    My response, "My goal would be just $100 per month for each site, easily doable".

    He says, "How many sites are we talking?"

    I say, "100... 100 sites making $100 per month.

    He says, " So I would own 100 sites, making $100 per month, every month, automatically?"

    I say, "pretty much".

    He says, "That's an interesting concept let me think about it."

    -----------------------------------

    So, I went home at thought about my pitch to John and realized that their is a huge potential in developing networks of sites for investors.

    When I mean investors. I mean Stock Brokers, Day Traders, people with capital.

    So, John actually never agreed to move forward, but he did spark the idea. So, I took a risk, and bought a large database of US stock brokers and traders. Not an email list, a complete mailing list and phone number list.

    I first mailed out a brochure for a new investment strategy, followed up with phone calls, and emails...

    Horrbile conversions... all hang ups, grabbed maybe 75 interests out of 100,000 people.

    Out of those 75, I was able to keep interest of about 10.

    Of that 10, 1 contacted me to meet me personally one on one.

    ----------------------------------------

    Here comes mister BUCK.

    ----------------------------------------

    Obviously BUCK is not his name, just what he has.

    I was dressed in a business casual attire.

    I met him in Washington Square Park in Manhatten. We shook hands, I made sure to shake firmly but not do overwhelming of a grip. I asked if he mind if I grab a cup of coffee and if he would like one. He said, sure two sugars and half/half.

    We sat on a bench, and I pulled out a folder with some papers explaining the investment portfolio. However didn't discuss them yet.

    I asked him if he wouldn't mind letting me know a bit more about himself. He started to talk about his endeavours in the past, where he is now, and all a while I took notes on who he is as a person and his history so I can pull it back later in my sales conversation.

    I was queued on his completion of his story when he said, what about you?

    In which I explained my life, the 7 years on the Internet, the learning curve, and etc...

    I then stopped and asked him a question that related to his history a bit, I wanted to relate to him more, so I brought back some discussions on the DOT come boom of 1999 that he discussed briefly.

    He helped by again queuing in the sales conversation... he broke ice by saying...

    "So let's see what your going to sell me."

    I laughed, and said, "Not sell, but inform..."

    --------------------------------------------

    I showed him about 25 pages of information, of all different type of websites that we can create for him, how they were to be monetized, how they were to be advertised, and how the system would be automated. I explained how we would run the system for him, and he collected checks respectfully.

    He shot me the question of...

    "If you can do this so well, how come you don't own 1,000's of websites".

    I pulled another packet out of a list of 146 sites or so that we have that produce simlar or exact results.

    We went back and forth for about an hour and a half, with questions regarding procedures afterwards, staff to run the sites, etc, etc, etc.

    In the end, the entire deal was more then just an investment portfolio, he was outsourcing complete business development to us.

    ---------------------------------

    We took a week to prepare contract documents, and met again, this time at his office.

    In the end, he was buying to setup a network of sites that operated to produce $40,000 per month for him in revenue. Revenue was not guraranteed but based on past numbers research, etc, he could see how it was expected.

    I charged him 6.25 times the number he wanted to produce in revenue on a monthly basis, and showed him how it is fair.

    For after one year of network use, his profit would be $470,000 or so.

    ------------------------------------------------

    We split payments into 4 milestones each milestone with it's own contractual aggreements.

    It's been a month into the project, and so far boith parties are extremely happy.

    ------------------------------------------------

    Why You Should be Reading This.

    ------------------------------------------------

    This was in no shape or form.... easy

    In fact I have never worked so hard in a three month period then I have the past three months, but the pay off was awesome.

    The entire process of building sites is being outsourced through 3 different companies, the marketing of the sites is being outsourced, and now at this point, I sit back and project manage, with hopes that there are no problems.

    What I can tell you from my experience is, why sell success to individuals with no money, when you could target a BUCK. That could take you to the bank every year.

    You don't think that after this deal, when successful, he will want another?

    Now for the next three months, I got to adjust my pitch, change up my wording, and create a better sales prospecting and closing process.

    For those that have "capital" connections and are interesting in receiving more information about what I did here shoot me a PM or email, my forum time has taken a toll the past two months so be weary response may take a day or two.

    In any case,

    Just sharing my experiences, have a good one.

    P.S ~ to coin this in our industry we can call it... Reverse Flipping.
    Phew what a fantastic result for you!!
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  • Profile picture of the author MichaelHiles
    Good deal. By the textbook man.

    This is the "real" offline game.

    For a good time, the offline folks who really want to play need to learn the difference between mom & pops and "accredited investors". Then, for the big dogs, B2B.
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    • Profile picture of the author CarloD.
      This is great.... reminds me off the offline work I am trying to get going in my hometown.

      It's REAL business.
      Signature

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    • Profile picture of the author DogScout
      Originally Posted by MichaelHiles View Post

      Good deal. By the textbook man.

      This is the "real" offline game.

      For a good time, the offline folks who really want to play need to learn the difference between mom & pops and "accredited investors". Then, for the big dogs, B2B.
      That is 100% true, however, it never hurts to take a few smaller accounts... consider it charity if you must, it is the efforts of those that take the time to 'give' to some of the smaller guys that will turn around this economy faster than the Bush 700 trillion bail out.
      (But you cannot 'give' if you aren't hitting the big ones enough.)
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      • Profile picture of the author MichaelHiles
        Originally Posted by DogScout View Post

        That is 100% true, however, it never hurts to take a few smaller accounts... consider it charity if you must, it is the efforts of those that take the time to 'give' to some of the smaller guys that will turn around this economy faster than the Bush 700 trillion bail out.
        (But you cannot 'give' if you aren't hitting the big ones enough.)
        True, but unfortunately, I think that market is going to be as over-saturated as telemarketed SEO with the advent of so many offline marketing consulting training programs being promoted.

        The low perceived barrier to entry, combined with the perception of high margins with low quality delivery is going to pollute the market for many years to come.

        Then, the shakeout will come and cleanse like... well... an enema... or at least like a good can of Barkeeper's Friend and a steel bristled brush. That's the point where the real contenders stay in the game and the wannabes get flushed (or move on to the next shiny trinket).
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        • Profile picture of the author czilbersher
          Originally Posted by MichaelHiles View Post

          True, but unfortunately, I think that market is going to be as over-saturated as telemarketed SEO with the advent of so many offline marketing consulting training programs being promoted.

          The low perceived barrier to entry, combined with the perception of high margins with low quality delivery is going to pollute the market for many years to come.

          Then, the shakeout will come and cleanse like... well... an enema... or at least like a good can of Barkeeper's Friend and a steel bristled brush. That's the point where the real contenders stay in the game and the wannabes get flushed (or move on to the next shiny trinket).

          I respectfully disagree, and I don't think that the offline marketers have much to worry about regarding oversaturation. Being successful in this game is about developing and nurturing personal relationships. You can't do 7-touch points with a potential customer when you're a pimply-faced SEO "expert" somewhere in Asia. When I meet with potential local customers, we meet, shake hands, talk about the weather and the Red Sox...then we get down to business. They don't want to work with Habib in southwest Penang. If you are a "people" person, you can build relationships and build business. I don't care what some outsider thinks they can deliver to MY market in terms of SEO...they will never be able to compete with me in my backyard.

          For those who are venturing into offline marketing, just remember that you OWN your territory. Don't let anyone else try to take it.
          Signature

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          • Profile picture of the author MichaelHiles
            Originally Posted by czilbersher View Post

            I respectfully disagree, and I don't think that the offline marketers have much to worry about regarding oversaturation. Being successful in this game is about developing and nurturing personal relationships. You can't do 7-touch points with a potential customer when you're a pimply-faced SEO "expert" somewhere in Asia. When I meet with potential local customers, we meet, shake hands, talk about the weather and the Red Sox...then we get down to business. They don't want to work with Habib in southwest Penang. If you are a "people" person, you can build relationships and build business. I don't care what some outsider thinks they can deliver to MY market in terms of SEO...they will never be able to compete with me in my backyard.

            For those who are venturing into offline marketing, just remember that you OWN your territory. Don't let anyone else try to take it.
            Not a problem with the disagreement. It's great to debate. I'm not talking about SEO. I thrash "SEO" marketing only people in the local marketing consulting business every single day.

            LOL... I've been in this game since 94. It's just like the website development business all over again and the market is saturated at the low end.

            I'm not talking about offshore SEO telemarketing dweebs. I'm talking about marketing consulting "professionals" that prey on low-end, street-business level retail mom & pop for everything from SEO to PPC, to lead gen, to simple web dev, to whatever. Low end.
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        • Profile picture of the author AllAboutAction
          Originally Posted by MichaelHiles View Post

          Then, the shakeout will come and cleanse like... well... an enema... or at least like a good can of Barkeeper's Friend and a steel bristled brush. That's the point where the real contenders stay in the game and the wannabes get flushed (or move on to the next shiny trinket).
          Where's the Joker video? Or better yet, we need a Joker smilie.
          Signature

          {{ DiscussionBoard.errors[2061290].message }}
  • Profile picture of the author Steve Peters Benn
    LMC - great story - very inspirational - but how much work do you think the average newbie would have to be to pull this off? Put another way, do you consider yourself very experienced offline wise - I would say you have to be to have gotten this sort of deal?
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  • Profile picture of the author GoGetta
    Great story, its very inspirational and just shows how powerful our knowledge is. Many think our knowledge is just simple knowledge and not worth selling, but this shows the power of our industry and how easy (although complex) it is to create huge amounts of income by combining both online and offline!

    Awesome story LMC!

    GoGetta
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  • Profile picture of the author LMC
    Steve,

    I'm going to be honest and say that NO newbie will have the confidence, sales ability, presentation, and knowledge to pull off a deal of similar size.

    However, I have been proven wrong before.
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    • Profile picture of the author Dean Martin
      Originally Posted by LMC View Post

      Steve,

      I'm going to be honest and say that NO newbie will have the confidence, sales ability, presentation, and knowledge to pull off a deal of similar size.

      However, I have been proven wrong before.
      Good point...

      Not to be overlooked is that you are a native to NYC so already have a connection to the culture

      -plus-

      you had a proven portfolio of sites making a demonstrable profit. Something 95% of the people reading this do not have.

      Nevertheless, you worked your butt off to do the cold calling necessary to pull this one off. I do a lot of cold calling myself so this is no small feat indeed.
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  • Profile picture of the author JEL0221
    Hey LMC, in my business I regularly deal with accredited investors/high net worth individuals. I have some good info. I could share with you. Shoot me a PM.
    Signature
    Future Options Trading, a free subscription on trading the commodity markets.
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  • Profile picture of the author Dennis Gaskill
    Nice share, and congrats, LMC. I have a couple questions for you, if you don't mind.

    I showed him about 25 pages of information, of all different type of websites that we can create for him, how they were to be monetized, how they were to be advertised, and how the system would be automated. I explained how we would run the system for him, and he collected checks respectfully.
    Could you share a few more details about this stage: What types of websites you outlined and how they'd be promoted and monetized?

    I charged him 6.25 times the number he wanted to produce in revenue on a monthly basis, and showed him how it is fair.
    Would be very interested in knowing how you arrived at 6.25 and how you convinced him it was fair.

    Thanks, Dennis
    Signature

    Just when you think you've got it all figured out, someone changes the rules.

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    • Profile picture of the author gambit
      Originally Posted by Dennis Gaskill View Post

      Would be very interested in knowing how you arrived at 6.25 and how you convinced him it was fair.

      Thanks, Dennis
      As an aside, I'd love to know this as well. How did you present the offer to either eliminate or overcome price resistance?
      Signature
      "The Temptation To Quit Is Greatest Right Before You Succeed"
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  • Profile picture of the author gambit
    Very inspiring offline marketing story.

    Keep up the good work!

    Gambit
    Signature
    "The Temptation To Quit Is Greatest Right Before You Succeed"
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  • Profile picture of the author Nick Brighton
    Man, that's great...but I'd be crapping my pants over the outsourcing aspect.

    It's hard enough getting a single website designed properly, or an eBook well written, for one project, despite instructions...

    ...let alone the whole gamut of managing customer service, SEO guys, designers...and all the rest of it.

    That's gonna take some high level management skills, which you clearly must have.
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  • Profile picture of the author GuerrillaIM
    How much did you spend on mailing? You can't have mailed/called all 100,000. That would have cost a tremendous amount.
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  • Profile picture of the author LMC
    Guerilla,

    I did not mail every single one of them, just in the 60 mile radius of NYC, about $10k to a fulfillment agency.

    Again, this is more of an inspirational story not a Follow these steps thread.
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    • Profile picture of the author GuerrillaIM
      Originally Posted by LMC View Post

      Guerilla,

      I did not mail every single one of them, just in the 60 mile radius of NYC, about $10k to a fulfillment agency.

      Again, this is more of an inspirational story not a Follow these steps thread.
      Fair play, that took some balls.
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  • Profile picture of the author LiquidSeo
    Originally Posted by LMC View Post

    It's something to brag about.

    However, luckily for you, I'm not just going to brag, I'm going to share my concept and USP with you.

    Firstly, I grabbed this client's interest a year ago, when the stock markets were doing a lot worse, and the economy was shooting straight to the ****ter. I saw this as an opportunity.

    I can't take all the credit for the idea, because my friend John who works at Morgan Stanley really sparked the idea. Over a couple beers we were talking investments, I was discussing the Forex Markets as a good option, he was discussing how he is getting buried in the stock market and wants to pull out and do something else with his money.

    So, I said to him...

    "What if I could promise you 200%+ returns on your investment."

    Naturally he laughed and said, "What in Forex?"

    I said. "Well that would work, but I can't promise you that, This I could pretty much guarantee your returns".

    He said, "My answer is obvious, explain".

    ------------------------------

    I grabbed a napkin and a pencil from the Quick Draw Lottery box at the bar, and said, "With your capital, I could create you a diverse investment portfolio of websites." Websites that operated in all different ways, targetted different niches, and produced income with multiple streams.

    He responded, "That's interesting, how much would these sites earn?"

    My response, "My goal would be just $100 per month for each site, easily doable".

    He says, "How many sites are we talking?"

    I say, "100... 100 sites making $100 per month.

    He says, " So I would own 100 sites, making $100 per month, every month, automatically?"

    I say, "pretty much".

    He says, "That's an interesting concept let me think about it."

    -----------------------------------

    So, I went home at thought about my pitch to John and realized that their is a huge potential in developing networks of sites for investors.

    When I mean investors. I mean Stock Brokers, Day Traders, people with capital.

    So, John actually never agreed to move forward, but he did spark the idea. So, I took a risk, and bought a large database of US stock brokers and traders. Not an email list, a complete mailing list and phone number list.

    I first mailed out a brochure for a new investment strategy, followed up with phone calls, and emails...

    Horrbile conversions... all hang ups, grabbed maybe 75 interests out of 100,000 people.

    Out of those 75, I was able to keep interest of about 10.

    Of that 10, 1 contacted me to meet me personally one on one.

    ----------------------------------------

    Here comes mister BUCK.

    ----------------------------------------

    Obviously BUCK is not his name, just what he has.

    I was dressed in a business casual attire.

    I met him in Washington Square Park in Manhatten. We shook hands, I made sure to shake firmly but not do overwhelming of a grip. I asked if he mind if I grab a cup of coffee and if he would like one. He said, sure two sugars and half/half.

    We sat on a bench, and I pulled out a folder with some papers explaining the investment portfolio. However didn't discuss them yet.

    I asked him if he wouldn't mind letting me know a bit more about himself. He started to talk about his endeavours in the past, where he is now, and all a while I took notes on who he is as a person and his history so I can pull it back later in my sales conversation.

    I was queued on his completion of his story when he said, what about you?

    In which I explained my life, the 7 years on the Internet, the learning curve, and etc...

    I then stopped and asked him a question that related to his history a bit, I wanted to relate to him more, so I brought back some discussions on the DOT come boom of 1999 that he discussed briefly.

    He helped by again queuing in the sales conversation... he broke ice by saying...

    "So let's see what your going to sell me."

    I laughed, and said, "Not sell, but inform..."

    --------------------------------------------

    I showed him about 25 pages of information, of all different type of websites that we can create for him, how they were to be monetized, how they were to be advertised, and how the system would be automated. I explained how we would run the system for him, and he collected checks respectfully.

    He shot me the question of...

    "If you can do this so well, how come you don't own 1,000's of websites".

    I pulled another packet out of a list of 146 sites or so that we have that produce simlar or exact results.

    We went back and forth for about an hour and a half, with questions regarding procedures afterwards, staff to run the sites, etc, etc, etc.

    In the end, the entire deal was more then just an investment portfolio, he was outsourcing complete business development to us.

    ---------------------------------

    We took a week to prepare contract documents, and met again, this time at his office.

    In the end, he was buying to setup a network of sites that operated to produce $40,000 per month for him in revenue. Revenue was not guraranteed but based on past numbers research, etc, he could see how it was expected.

    I charged him 6.25 times the number he wanted to produce in revenue on a monthly basis, and showed him how it is fair.

    For after one year of network use, his profit would be $470,000 or so.

    ------------------------------------------------

    We split payments into 4 milestones each milestone with it's own contractual aggreements.

    It's been a month into the project, and so far boith parties are extremely happy.

    ------------------------------------------------

    Why You Should be Reading This.

    ------------------------------------------------

    This was in no shape or form.... easy

    In fact I have never worked so hard in a three month period then I have the past three months, but the pay off was awesome.

    The entire process of building sites is being outsourced through 3 different companies, the marketing of the sites is being outsourced, and now at this point, I sit back and project manage, with hopes that there are no problems.

    What I can tell you from my experience is, why sell success to individuals with no money, when you could target a BUCK. That could take you to the bank every year.

    You don't think that after this deal, when successful, he will want another?

    Now for the next three months, I got to adjust my pitch, change up my wording, and create a better sales prospecting and closing process.

    For those that have "capital" connections and are interesting in receiving more information about what I did here shoot me a PM or email, my forum time has taken a toll the past two months so be weary response may take a day or two.

    In any case,

    Just sharing my experiences, have a good one.

    P.S ~ to coin this in our industry we can call it... Reverse Flipping.

    Phenomenal story. I appreciate the work ethic you have shown to go through the process - from 100k prospects down to 75 interested parties, and then one chance at the kill.

    Very impressive!
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