@DavidLA we're going to open up an SDK (programming platform) to developers, so anybody can create their own virtual world. Think of as providing an instruction book for HTML, then providing the first web server for people to put their stuff on. This is similar, but 3D surround :)
Hey, not sure if anybody has used KickStarter.com yet, but we recently created our own KickStarter project: Create The Matrix - A Fully Immersive Simulation System (a new type of hackerspace) by ImTech — Kickstarter.
We see it as a potential source for 'seed' funding .. and there's some...
I recently founded a non-profit technology think tank, and we're having our logo created by 99designs.
Would love the community's input on what you think is good!
logo for technology think-tank | 99designs
btw If you ever get logo/creative design work done - I highly recommend...
We drop ship all of our products entirely, and generate over $1M in revenue from it. Amazingly, we are able to sell some products for 80% gross profit, though our average is 45% (we don't sell anything with less than 25% gross margin).
Our model is very similar to CSN Stores and Mercantila...
Congratulations! I'd say definitely 'bird in the hand' wisdom is sound. Who knows what will happen tomorrow?
I've been looking to sell one of my online businesses also - can I ask what your valuation method is? Revenue or net profit multiple?
After recently reading "The Rules of Wealth" by Richard Templar and a post from Tim Ferris of Automated Finances, I have been motivated to divide up my personal income into three categories:
1. Living expenses (40%) <- what I need to live on a day-to-day basis, small ticket (<$100) items.
A contact recently sent me this site for qualitative testing of your website: Low cost usability testing - UserTesting.com
You provide a goal (or set of goals) that you would like somebody to achieve on your website, and they have somebody from their database try and achieve that...
Great article. One question I have, is who do you sell the site to once it reaches about ~$3M in revenue? Does anybody know of good broker agencies, or businesses involved in the sector of selling eCommerce?
skydiving, bungee jumping, fast driving, unprotected sex (haha, does that count?) ..
.. but I would certainly say exiting the salary wheel and investing my entire life into my own business is the riskiest.
ATW, if you want to understand more about web analytics, I *highly* recommend the book: Web Analytics, by Avinash Kaushik.
The world of web analytics is amazing. It really revolutionizes commerce. Never before have business owners been able to easily track the number of visits into their...
Congrats MJ .. I would bet the 1 year aging of the domain made a significant impact.
Terrence, PR adds to the asset. Although it is only a number, it solves one additional variable in the equation.. and if it is in your favor, then that is a good thing.
My affiliate manager actually bought out a competitor's lead-gen site, so I contacted him to establish a strategic relationship. He charges about $2,500 per month to start, renegotiable upon performance.
These are the main tasks he is doing:
1. Day-to-day Management – this includes approving...
After doing a lot of research, I hired an affiliate manager. As a business owner, having an experienced affiliate manager work for you will free up your time and produce far better-results than you could.
The affiliate manager I hired works heavily with Commission Junction (so can get quick...