$1,000,000 business! Why the heck not??

Art what's the difference between winners and losers? Winners just do it, and do it, and do it!

Art, I want to sell my house. Then just do it. But Art, houses ain't selling. DO IT ANYWAY!!

Bluecoyotemedia, that was a perfect response...loved it.

I'm not offering a mobile website for $297.

6 months it is. Something else I love about WF, and forums in general...accountability!

A 1000% return isn't bad either. Harryhumph, would you charge the same $15 per month if you were sending, say, 300 targeted visitors to their website? I'm asking because this is the value I hope to provide for each client listed. I'm hoping they will see this value and see the logic in forking over $297/month.

On your way indeed! Do you charge $3k just for being listed on a directory website? That really seems like a lot. Or is that for more value, such as telephone consulting, etc.

I really like the idea of giving a discount for referrals!

HA! KristofferIM, I'm a girl!

Anyway, it seems in sales, there's often a different person to close the deal; that's why I figured it'd be effective. But yeah, the last thing I would want a hot lead to do is HOLD, so I will give this one some thought.

You're right, I forgot about the lists. The small cold call testing I've been doing has been with free lists from the library (Reference USA), which takes forever to download.

I would get my lists through infofree.com which is $50/month.

However, for cost per lead: Are you dividing $297 by 10 to get the $25? I would hope to send 300 people to their site for $297. (10 per day)

What other major costs might I be missing?

What do you think the true SEO costs will be monthly, for a national business directory, where the main keyword gets 60k exact local searches, and the 'city keyword' gets 28 exact searches. Google shows them both to have low competition and a cpc of $3.

1 of the 2 people I was hoping would take some time to respond!! Because I know you'll deliver the truth as you see it.

With what you've listed, I will have to take my start-up costs up from $5k to around $6k to allow for 4 of the 19 initial costs you listed. This is ofcourse if I can't start out at home.

What I could have mentioned initially is that I will start with 3 TMs (1st 2 weeks). By then I will have generated $9k and $6k in revenue, which will more than pay for the TMs for the 2nd week then another 2 weeks (a little risky, yeah). By the 5th week, an additional $36k will be due.

I didn't break down the start-up costs, just like I didn't break down the revenue starting out, which will be less than $100k. I guess I didn't want to make the post any longer than what it is.

Since I don't want to make this one too long, I'll try to leave out as many details as possible but explain what I have and haven't considered.

The other 4 items I either already have (phone, computer, internet, bills, hosting, supplies, etc. and will only hire TMs with their own); don't need (location) because it's homebased for all, meaning we will skype; or have accounted for in the $5k (licenses, incorporation, credit card fees, website/directory, etc.). BUT you said DON'T EVEN try to tell you I'm doing this from home...uuum SO I WON'T

What I did not account for is the chargeback fees, infofree.com account set-up?? (didn't see an account set-up, only a $50/month fee), liability, which is huge, and lead set-up management. Perhaps you can elaborate on the last one because I don't know what I don't know.

I would absolutely use autodialers, but yeah without motivation, we can cut the 250 in half, to be conservative. If the bonus isn't working to instill some motivation, though, I'll have to look into bumping $50 up to $75.

I don't think $297 is greedy at all AS LONG as I'm providing the value. I would pay 5 times that if I, in return, picked up 1 customer with a lifetime value of $10k! I would certainly decrease the fee if I can't get 300 local visitors for them.

Whoooaa! My payroll calc was way off. Actually my calculations on paper were accurate, I just posted the wrong number here. Payroll comes to $17k /month. 6 TMs, 7 hrs daily, $10/hr = $420. $50 to 5 TMs for 6 sales and $25 to closer for 6 sales = $400. $820/day times 21 days = $17,220.

....I know that's beside the point, but just in case someone else needed clarification...starting out, I was ALWAYS looking for posters to talk to the masses, not just to whom they're replying.

iamnameless, can you PLEASE explain the midqualified/unqualified rates. I'll be using paypal and don't know what you mean by this.

Yup, I can see SEO costs going up!

With the location costs added (along with all the other costs) and the revenue being chopped by not having an autodialer nor motivated TMs, how would someone wanting a $100k business make it happen?? I've been reduced down from $1.2M revenue to $96k net, LOL! With the exception of a few contributing factors, that's like a $100k/year revenue business being reduced to $8k net, LMFAO!

You're right, NOTHING is good enough!! I was thinking 90 days would be good because I would want to make some really big moves after that--sort of branch off a little to serve more people and build a stronger & more long-lasting brand. I might be dreaming once again, but I hope to prove!

Maaan, you have really put this into TRUE perspective for me! Thank you so very much for taking the time to give what I posted some serious thought. It really was JUST what I was looking for.

You gave me a few punches, then nicely massaged the bruises in the end. You do that well.

That plan is more beautiful than Cindy Crawford and and Pamela Anderson sitting on top of a big pile of money!




Now there is a concept....... Even at $1,000 its only 100 clients. (I like to over estimate a bit...)

I was going to say something innappropriate because I think Eminem is a Busta!

But then I really thought about those words, and they actually rang true, lol. If I decide to move out of the home and bring the TMs with me, my expenses go up exponentially. I won't do that, however, unless I come into another $5k.

DOH, I missed this...sorry. (I need to go to bed now)

Would you mind elaborating on the T.O. being the big key. Am I on the right track having that position in the mix?