Becoming a Partner

by Donald The Dialect Coach 23 replies
Wanting to get your input here:

I emailed several acting schools about my free dialect training offer over the weekend. I got contacted by a woman who has put together a virtual acting school online. She loves my videos and articles and wants me to be a partner or an associate.

If I'm a partner, I pay $2000 a year and get my own page where I post several videos and articles to students.

If I'm an associate, I pay $750 a year and get a smaller page with 3 videos and 3 articles.

The benefits are: they refer everyone to me as a dialect/accent reduction coach, I get loads of backlinks, I get advertisement from the other teachers. All of the instructors are in the top of the field and I know that being a part of this would increase my credibility a lot.

I meet with them on Friday.

2 questions for my fellow warriors:

Does this seem like a good deal? I'm thinkin of being an associate and then increasing to partner if it pays off.

What questions should I ask at the meeting?

Thanks to everyone in advance!
#main internet marketing discussion forum #partner
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  • Profile picture of the author Alexa Smith
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    Originally Posted by Donald The Dialect Coach View Post

    The benefits are: they refer everyone to me as a dialect/accent reduction coach, I get loads of backlinks, I get advertisement from the other teachers.
    So, apart from the backlinks (which are perhaps all from one domain anyway?) there's no certain financial benefit at all? They're basically selling you advertising space for $750 (with the addition of a $2,000 option to make the $750 sound like a better deal)?

    Originally Posted by Donald The Dialect Coach View Post

    What questions should I ask at the meeting?
    If they love your videos and articles so much that they "want you to be a partner or an associate" (which sounds to me like an advertising-selling line, if ever I heard one), why don't they give you the whatever-it-is on the understanding that you'll pay over to them 100% of the first $750 you make from it? That way you have nothing to lose and neither do they, if it works at all?

    Apologies for the skepchick tone, Donald, but it really does sound exactly like you're just being sold very expensive advertising space here? "Becoming a partner" is perhaps what they call it over there? Over here, they call it "forging a strategic alliance", in the sales pitch. :confused:
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    • Profile picture of the author Kay King
      I'm inclined to agree with Alex on this.

      All of the instructors are in the top of the field
      Based on your own independent research? Everything you are told about expertise should be verified outside the website in question.

      I'd want to know how much traffic the site gets - what revenue is generated monthly - how many paying students it has...and a lot of other facts, too.

      $750 a year isn't too much to pay for advertising - but it's too much to pay for a page on a site with no traffic or a page that isn't linked internally from the rest of the site....etc.

      By all means, meet with them and then take time to evaluate the offer before you meet again to sign up. Research like crazy and come up with a list of logical questions to ask them.
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  • Profile picture of the author KenThompson
    You also really don't know how much traffic her site gets. Have you performed a Google search for relevant keywords? Is her site highly ranked, or does she have PPC ads running? How old is the domain name? Not that that is any guarantee of how long that site has been online.

    Other teachers will give you advertisement? If so, in what form, links on their spaces? So that implies you will need to reciprocate; link juice bleed, right?

    I agree with ever-skeptical Alexa about hidden agendas.

    Also, Alexa can tell you all about using web properties belonging to someone else and the potential perils. That's what you'll be doing, and you'll have no control over the site, her site.

    I recommend you get your self a good, premium blog theme and build your own business. You can accomplish whatever she has and more. And you have the vast resource of the Warrior Forum and Alexa to keep you out of trouble.

    Good luck.
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    • Understandable. I have my own site, but it's fairly new with an email list of 100. All I would do on the potential partnering site is write 3 articles and 3 videos.

      Alexa, I'd like to hear about the potential perils of doing this. Other than losing $750, what else could happen?
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  • Thank you guys. I appreciate the skeptic tone. I'm with you!

    They are definitely top of their field. I've researched the hell out of them. I own books by two of the instructors. They know their stuff. They are true authorities of their niches with established names.

    Their Facebook page has 7000 likes- if that counts for anything.

    I think $750/year is a reasonable price IF they can get me more clients and email sign ups as well as increase my niche authority. They do actively cross promote each other quite a bit. I've seen this.

    They each have very effective local individual coaching businesses in LA as well. They have every master teacher except a dialect coach, so I think I have a little bargaining power. They've already said I could pay dues in payments, which is cool.

    I want to focus on what to ask at the meeting. So far I have:

    1. What is my money going towards?
    2. How are you actively advertising the site?
    3. How many visitors do you get a day?
    4. Exactly what are the benefits of my joining for myself AND for you?
    5. What if I agreed to pay you the first $750 of profit I get?

    What other questions should I ask? I'm not to versed in the Internet and SEO jargon..

    I appreciate the help.
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    • Profile picture of the author hustlinsmoke
      Yeah I bought quite a few products from Gurus that are high on a list. Doesn't make them to not be money grubbing cash suckers.

      I agree with the lot, It sounds like a modeling school mill that promises the world for training but never just gets there.
      Originally Posted by Donald The Dialect Coach View Post

      Thank you guys. I appreciate the skeptic tone. I'm with you!

      They are definitely top of their field. I've researched the hell out of them. I own books by two of the instructors. They know their stuff. They are true authorities of their niches with established names.

      Their Facebook page has 7000 likes- if that counts for anything.

      I think $750/year is a reasonable price IF they can get me more clients and email sign ups as well as increase my niche authority. They do actively cross promote each other quite a bit. I've seen this.

      They each have very effective local individual coaching businesses in LA as well. They have every master teacher except a dialect coach, so I think I have a little bargaining power. They've already said I could pay dues in payments, which is cool.

      I want to focus on what to ask at the meeting. So far I have:

      1. What is my money going towards?
      2. How are you actively advertising the site?
      3. How many visitors do you get a day?
      4. Exactly what are the benefits of my joining for myself AND for you?
      5. What if I agreed to pay you the first $750 of profit I get?

      What other questions should I ask? I'm not to versed in the Internet and SEO jargon..

      I appreciate the help.
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  • Profile picture of the author randychinn
    Hi Donald,

    The other thing to find out is if they have an email list and will be promoting you too? Depending on the size of the list, it may be worthwhile based on this alone. Try to get multiple promotions over the year (at least 1/month?).

    If they really are at the top of the field, then you may consider approaching it more as partnership rather than just advertising. If you offer them a revenue-split and show them how much more than $750/yr they could make, they may be more interested in promoting you more.

    My assumption is that your product/service doesn't conflict with theirs. IF that's the case, they may be open to other arrangements. Perhaps no one has really asked them in this way previously.

    Good luck!
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    • Randy- great idea! There is no conflict. They coach acting, commercials, etc. i would be the only dialect coach.

      I'm grateful to have the warriors input and advice!
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  • Profile picture of the author kencalhn
    i would never ever ever pay money out of pocket upfront for any unproven anything.
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  • Just got an email from them clarifying that it's $750 every 6 months spread into payments.
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    • What exactly would this kind of business structure be called? Trying to google information on it.
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    • Profile picture of the author hometutor
      Originally Posted by Donald The Dialect Coach View Post

      Just got an email from them clarifying that it's $750 every 6 months spread into payments.
      I don't care if it's payments it's still $750.00 every six months.

      On another note, I knew a guy who closed down two hearing aid offices because he couldn't make money. He's now a consultant teaching hearing aid offices how to make money.

      Rick
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      • Well, ill go the meeting on Friday and see whats up. They want me to do a "presentation" for them and "dazzle" them. We'll see about that! My main purpose is to get answers to my questions from them.

        Maybe I could give them $200 for 2 months with the option to quit and see if it works?

        Guys, these are big shot go to teachers in LA. For real. They are for sure the real deal. As far as their business proposition, I've yet to find out but their teaching credentials are legit.

        I don't see how this is like a modeling school scenario... I'm not their student, I'm a teacher and I'm not being trained for anything.

        Regardless of what they can do for my online business, they could do a lot for me by giving referrals to their real world students.

        I think it's worth going to the meeting, don't you?
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        • Profile picture of the author hometutor
          My background is sales-psychology and that's a perfect technique for them to use on their part.

          "If you qualify, we'll let you pay us $750.00 every six months"

          This as opposed to trying to sell you on their service.

          I'm beginning to like them less and less.

          Rick
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          • Rick, what questions should I go in with in order to figure out there intentions and if its valuable or not?
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          • Originally Posted by hometutor View Post

            My background is sales-psychology and that's a perfect technique for them to use on their part.

            "If you qualify, we'll let you pay us $750.00 every six months"

            This as opposed to trying to sell you on their service.

            I'm beginning to like them less and less.

            Rick
            Rick, they did sell me on their service. The price was the last thing discussed during our 10 minute phone convo
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  • Profile picture of the author JimmyB
    Donald, Stay away from these guys!!!
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  • Profile picture of the author Lucian Lada
    Donald,

    You could ask for a free month and see how things go. Be honest and say you don't have the money, but if in the first month you make something that looks promising, you'll find ways to come up with the rest of the money.

    If they really want you and they are nice people, they'll understand.

    If they turn you down and sulk and feel like you've wasted their time, then you did, because they were on the mission to make some dineros.

    As to what questions to ask ... I don't know, maybe someone else could help. I would generally look at them and try to decide if they really like their job and want to make money, or just want the money. You can't always tell, but hey, nothing's perfect.
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    • Originally Posted by Lucian Lada View Post

      Donald,

      You could ask for a free month and see how things go. Be honest and say you don't have the money, but if in the first month you make something that looks promising, you'll find ways to come up with the rest of the money.

      If they really want you and they are nice people, they'll understand.

      If they turn you down and sulk and feel like you've wasted their time, then you did, because they were on the mission to make some dineros.

      As to what questions to ask ... I don't know, maybe someone else could help. I would generally look at them and try to decide if they really like their job and want to make money, or just want the money. You can't always tell, but hey, nothing's perfect.
      I agree. I think I'll be able to read them at the meeting as long as I ask the right questions. I just want to know what their intentions are.
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