While that sounds like an awesome idea, i think you might find that there would be too many chiefs and not enough Indians left. Everyone has a different way of doing business, and there might be quite the clash of egos.

I definitely agree on a multi-million dollar business in under a year....

This is where the problem would lie:
Different parts of the country.

It would be fantastic, if all the good marketers were in the same state.
But, without that, everyone would just talk on Skype?

Who would be responsible for what?

I think it could work out very well, if everyone got together....
Otherwise, I think it would be a huge headache down the line.

Maybe to many chiefs, maybe not. You would need more Indians than chiefs.

Maybe a few experienced Warriors , took a few novice Warriors, and see what happens.

Ryan

Yeah if it would be able to work it would be a beautiful thing for sure. Someone would still have to be in charge. Even the most talented players in the NBA are told what to do.

Yep, great idea and something that I had thought about also but I thought that it could be done online and perhaps it could be compartmentalised, a bit like an assembly line, with people doing their speciality to the product and then passing it on to the next person.

Probably too messy but something to think about.

But for the sake of getting started What do you think would be the best thing to sell?

I vote for the most powerful marketing company promoting small biz using internet and social media technologies that exists. Literally a potential billion dollar per year company potential.

High margins, High Demand, Underserved Market

I think a dreamteam would be you, john durham, kenmichaels, David miller, bob Ross, kaniganj..I'm sure there are a few more, but those are the main people I'd like to see.
It would be important for direct mail and other type of experts to be on the team also,IMO.

Gross sales could easily go over a million in a year.

If you wanted to, you could sell shares in a private company (shares offered to WF members). Shareholders vote in the board from nominees. Board picks the management team, including Managing Director.
This team sets up a back end by investigating the pool of potential resources we have here on WF. One would imagine (if the WF isn't actually filled 99% with newbies and you-know-what) that a full suite of services would be able to be developed at very wholesale prices. Service providers could be anyone on WF (or elsewhere). Whatever the management team finds gives the biggest bang for buck. Maybe even hiring their own in house team in one location.

This could then be offered as a "turnkey business opportunity" on the WF. Finally a WSO worth buying (only this wouldn't be a WSO!).
A full service whitelabelled back end.....but one that actually gives the "business opportunity buyer" a start up package of sales & marketing materials.

Now, obviously this is the WF, so the motive is probably to give people an opportunity to start something without some massive franchise fee!

What I'm picturing (as one of no doubt zillions of options):

So a WF member can actually (finally!) buy a "turnkey" business opportunity that gives them a full set up....a website (branded with their logo etc, that would also be done for them should they need one), they get all the printable brochures, business cards etc files that they can get printed (that way those who have the money can do so, if not, they don't need to). In other words, any WF member can simply buy a business start up package (which is sold at cost), provided they agree to the terms (ethics etc).

The WF member now has what? An instant start up package of templates, training etc, including even their own website with showcase. But this time, they have a true instant back end, that is a full service suite. They can now do any of the following:

- listen to Jason Kanigang's training (that the company has licensed) and start cold calling, if they want...or listen to the other training that shows them how to get out there, using proven methods.
- Get brochures, business cards etc printed if they wish. Even run newspaper ads etc if they wish. This is all in their start up kit.
- Get out there and start selling any or all of the services to their area (or however they like).
- They might even get out there and hire their own commission sales team
What's the cost? The start up kit. Plus an (optional) private membership with ongoing training / what's happening in the world of "local IM".
What do they make? Similar to a whitelabel service, they make the difference between wholesale & retail. What's the difference to just finding a whitelabel service? This one will offer a full suite of services, it will have a community which gives you much needed social support. And more of an emphasis on sales & marketing strategies/training etc.

What does the "company" get? Well, they've just set up a whitelabel business basically....only they have a great advantage over other whitelabel reseller providers: access to many people actually looking for a business opportunity - globally! In other words, they *should* become a decent sized company fairly quickly!

The shareholders own the company, and that works the way it does with any company. I wander if it could get so big that it could go public, lol?


Anyway, that's just one ramble of zillions of options. Downsides are many also. Not financial risk, but others like: how many come to WF genuinely looking for a business opportunity. I've been thinking about the whitelabel thing recently, so it's reflected in the angle I took. There's other options of course. For example: the way I described really builds no brand for the company (other than as a re-seller companym hwich there's nothing necessarily wrong with that). But, for example...you could do all of what I stated above, with one twist: they don't buy a turnkey business and brand it as their own, instead (like a franchise) they buy a business that is still the brand of said company. That would probably make more sense, as after all...people would be getting in for a pretty exceptional deal.
Once the start up package is developed (as part of start up phase), it would cost next to nothing to provide all the materials/training etc (perhaps by member website, so that content stays updated, rather than just download a bunch of files). So the buy in could be pretty minimal. You could pretty much boil it all down to a small annual fee that kept them "active" that gave them access to everything (i.e. everthing on the member site). The fees from the business packages should self-fund the member site.

The company needs to put together the best backend available, and work out exactly how to do that, with all the various options of doing that.

The brand building means that the original shareholders who bought in and funded the start up are actually building their brand more stongly than with the unbranded white label option.

Final comment: I wrote this as my thoughts lead, which is not how I'd normally create a post (I'd usually have some idea of where I'm going!). But, as this was just an "ideas" post, I figure anything goes. So, apologies for anything that didn't make sense etc.

Gee, If the logistics could be nailed down it certainly is a mouth watering proposition. Create a mastermind group and who knows where this idea could go.

Hmmmm

What happens when a car has 15 tyres all moving in different directions? Worse... what happens when a car has 15 drivers all driving simultaneously?

I agree with how difficult it would be with so many "chiefs" but it would be interesting to see happen for sure!

If anyone wants to actually do this, I'm all for it.

I would LOVE to be a part of something like this:

Focus on one really specific niche, let's take contractors for example. They're easy to deal with, always need leads, typically clueless to marketing, and often have lots of cash to spend.

We have one or two experts in each field, handling teams of skilled workers. Each specialized field will need to handle both the prospecting and the marketing services.

Offer extensive marketing packages that they can't refuse to take advantage of:

• lead generation
• reputation management
• sales promotional tools
• direct mail services
• ppc
• seo
• places
• email marketing
• social media

We prospect them via direct mail/cold calling/email/seo, targeting established remodelers that need more leads, new contractors that need to jumpstart their business, contractors with bad reputations, and all the guys that are out there just needing to take their contracting business to the next level.

Offer all sorts of packages that include outsourced cold calling, easy direct mail campaigns, web development, seo, ppc campaigns, etc...

With all of our expertise I'm positive we could generate a ****load of leads and could possibly make a fortune strictly on pay-per-lead, like a much better and diversified service magic.

I can see getting paid on a subscription or contract basis, pay-per-lead basis, percentage of gross sales basis, or preferably a mixture of all.

"We'll acquire thirty leads for you completely free in exchange for 20% of the gross sales, or you can pay $50 per lead and 10% of the gross sales".

How can they refuse something like that? Thirty leads is so easy to acquire it's not funny. A telemarketing team of five alone can set 5-10 solid leads per day.


Upsell them on all the other service packages and I'm 100% absolutely positive there's a large fortune to be made. With all of our expertise and combining it to focus on one specific local niche, it would probably be extremely easy for us to do.

I think it would be a fantastic idea, seeing as the top marketers are all going to be coming from different parts of the world, everyone is going to have a specialized idea of how it works in their state! Gaining the strengths of the chiefs and dropping their weaknesses!

The most difficult part would be defining areas of responsibility, and keeping those who are not responsible for those functions OUT.

And the Warriors would have to do the WORK in their area of expertise.

Heck, if you've ever read about the pirate system, it was pretty democratic. The captain was elected by the crew and if he or she screwed up badly while leading them, they'd be removed. Something similar could work here.

I am in agreement with David Miller. I do think its a cool idea though.

The talent pool here is outstanding.
The management problems: mind-boggling.
Have to agree with David, nobody is here looking for a job.

Hugh