Specific Targets?

Yes, the list I need to generate needs to be people who are 40 and under, maybe 45 and under, with the ability to drop $644,000 on a product that will instantly and effortlessly begin generating $10,000 a month in income for them. This is done by partnering with these individuals to buy websites that are already generating revenues like this, and then further monetizing the website.

I have been marketing to the yellow pages thus far, and the problems I run in to are either "I don't have that kind of money" or "I don't want to hassle with the internet" which they don't have to, but should I waste my time trying to convince a technophobe that this is a good investment, or spend that time looking for someone who sees it as such to begin with.

I have contacted list brokers, and these list will cost me around $2k, which isn't bad if I had that kind of money, for the returns I can get. But when you don't have $4.05 to buy dog food for your pet, then two grand is a little tricky to come up with. I was also willing to offer a 50% cut in my commissions to a JV partner with such a list, but to post a JV you have to be a paying member I guess, and I don't have any income aside from what I can produce with this venture. And for those who say "Get a job, get stable, then try." This is my job, it's a commission only sales job, the only kind of job I can get after three years of un-and under-employment.

What I need is to figure out a way(which is why I'm asking for help from those who may have figured out a way already) to CREATE a list from scratch that satisfies my criterion. The only other option I can think of is to go to the wealthy neighborhoods, and door-to-door this product until I get my first commission, then buy a list.

No, just a wannabe RE investor. I've thought about getting my license, but as with everything else, it costs, and when you can't even find a minimum wage job(which let's be honest, doesn't really provide enough money to save for anything), it's hard to get there.

Robert, I think you misunderstood something. This is not a real estate product.

I work for a company called Income Store(check us out, and if you decide to buy, go through me so I can get my first sale). What we do is partner up with someone to buy a website. Say that person wants 10k a month. They provide us with 644,000, we buy a website making 20k, and split the revenues. The "Site Partner" gets a check every month with no work or further investments of money, time, or energy(taxes are paid at passive income rates) and we further monetize and optimize the site to get the checks bigger for both of us. You(Site Partner) are guaranteed, by the contract, to receive the minimum amount you purchased, in this case, 10 k, and any monthly revenues over 20K are split 50/50.

Does this make sense now?

It is called income store. We are literally selling you an income. Like a rental property or annuity, only based online, a guaranteed minimum, and no further investment of time, energy, or money after purchase. It doesn't get much simpler to explain than that.

We're trying to help, we really are. I'm telling you, as someone who has plenty of friends who invest at this level, what you have described here would be of zero interest to them, I mean that literally - zero interest.

I take that back, one of them might consider duplicating the company, if in fact there are people willing to put so much down with so little return.

You say I could invest 650K in order to get 50% of a website that is earning 20K per month. Even assuming a straight 2X multiple on the profit, that could be purchased straight out for 480K. I'd rather buy it myself, save nearly 200K, hire someone at 6K per month to run it, and move on to my next investment. And again, this is not theory for me, I'm involved with plenty of the old guys who do this all the time. They want companies, they want 200%, 500%, 1,000% returns on business investments.

If I am an owner of the company, then I have all the legal and tax liability. If I am not an owner of the company, then this is even less desirable to me. I'm supposed to invest 650K into an asset I don't even own? Therefore, I am paying to increase the value of someone else's company.

There is never, ever, ever anything as simple as got to mailbox, cash check, repeat. Ever. If you present it to a potential investor, who has already earned enough in their lives to be able to invest at that level, they will drop the conversation in a nano-second when you say that.

The last guy to try and promote guaranteed returns, with nothing at risk, was Bernie Madoff.

Although this is critical of the overall concept, I'm really trying to help you here. You need to look at this from the point of view of your investor, and if you do, you will see this is not a good investment, despite what it might be getting sold as...

Hey, OP.

There are no magic tricks to building a list...young and affluent or otherwise. Speak to their needs/wants/interests, connect with them, and watch them sign up. Unfortunately, (as many here have tried to tell you) you're not speaking their language.

Not all those with $500K+ to invest are savvy, necessarily...but they likely have people around them that are. The "opportunity" as you've laid it out here is of very little interest because of that. Not only are you chasing down a group or "tribe" of people that are often-sought and lucrative...you're going to have to look for that buy your "low risk" proposition as being one. A seriously uphill climb...

I know you're looking with help to build the list, but the business model, the list building, and your explanation of the offer all go hand-in-hand. Everyone here is trying to help you and I don't think you see it.

"Look, I want to sell unicorn horns to startups and I don't have any money, know anything about unicorns, or know any startups. I no longer want to talk about the reality of unicorns, my money situation, etc...I just want to know where to find the startups." - I hear ya...but the unicorns has to be discussed!

That's your unicorn, right there. As you've mentioned, the others have a lower return and are NOT guaranteed. Most are (arguably) regulated and have limits on even the way you can present them regarding risk, returns, etc.

To say that this offer has a 20% annual return that's guaranteed would make you sound like a charlatan to any reasonable investor. (i.e. those with 500K sitting around) Now...I'm NOT saying you're a charlatan...please don't get me wrong...I'm just trying to help you understand what that type of language will sound like to your target market.

It sounds to me like you truly/honestly believe in this offer and don't have the funds to invest yourself. The two may be related...

Contracts work...until they don't. We were on the losing end of a $500K+ contract and wrote about the painful experience here. Contracts are a sales tool and help both parties outline the details of the agreement, but enforcement can prove challenging if you're not a Fortune 500 with a legal team, endless pockets, etc.

Ok...enough about that. You asked for helpful, actionable advice. Here's mine:

Start speaking the language of your target market. Ask (the few that you know already) what they think about this offer, how you can improve it, etc. Develop your pitch to the point that it is appealing to those you know today and start talking about it online. Hang out in investment/wealth forums and start engaging in the conversation. Don't pitch...just be helpful. Be someone that can offer them advice and do that by proving your business/investment chops.