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RR, u have a gap in ur post between ur bonus offer being yanked and u blacklisting Rakeaid...where is a contract transferring ownership and the revenue sharing?? or some kind of written agreement stating how everything was to be arranged??
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I'll save him the trouble of lying:
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from Anthony J Martino <triplethreatpoker@comcast.net> hide details Feb 23
to Degen <grindblog@gmail.com>
date Feb 23, 2007 9:01 PM
subject Hey, don't sell RakeReport.net, got an idea
mailed-by comcast.net
Hey Bill,
I saw that you posted something about valuing a website for sale on 2+2 and figured you meant RakeReport.net
My regular work schedule should be somewhere around 40-50 hr/week. With RakeReport.net I wouldn’t need to be dealing with tons of customers on a constant basis, so here’s what I was thinking:
I stay on as Manager for RakeReport.net and take charge of attempting to grow the business, since you don’t have the time with the success of your other sites. It would be an opportunity for me to develop myself in marketing, SEO, etc. and earn some extra scratch on the side.
Considering the viewpoint that a number of the affiliates have of RakeReport.net (because of the RakeAid.com connection), perhaps we could spin it and make it appear like I’ve purchased the site from you (i.e. customers don’t realize you’re connected with the site still)
We still make sure that RakeAid.com gets good placement, but not the top spot constantly because that would be too suspicious. I believe you said you were getting some decent signups from the site, but if you sell it off you’ll lose out on those new players and potential profits from listings at the site.
I would want the ability to create my own plans for how to advertise, develop the listing fee’s, etc. This way I wouldn’t need to constantly bother you with questions about it and you could just sit back and have money coming in.
Obviously it would make sense to set things up so that I have incentive to grow the revenue for the site. Here’s what I was thinking:
Under 5K Monthly Revenue: I earn 20% of site profits
5-10K Monthly Revenue: 20% on first 5K profit, 30% on anything after that up to 10K
10K-15K Monthly Revenue: 20% first 5K, 30% next 5K, 40% next 5K
15-20K Monthly Revenue: 20% first 5K, 30% next 5K, 40% next 5K, 50% last 5K
Examples:
2K monthly revenue: $400 to me/$1,600 to you
7K Monthly Revenue: $1,600 to me/$5,400 to you
13K Monthly Revenue: $3,700 to me/$9,300 to you
19K Monthly Revenue: $6,500 to me/$12,500 to you
Now, when I mention the revenue, I mean after ALL expenses. So I would expect you to deduct any costs associated with the site, such as (but not limited too):
Site Hosting Fee’s
Site Registration of
www.rakereport.net yearly
Contract Work (Craig performing site updates/maintenance, etc)
I would likely tell affiliates that I (Anthony Martino, wouldn’t use AJ) am the new owner, and I’m a long-time poster on 2+2 under the name grandgnu, etc. Try to build a trusting relationship and get more traffic and revenue going.
Pretty much, I only get paid if you’re getting paid. You would still own the site (although you may want to change the registration info for it, so that people like Beanie don’t investigate and start bad mouthing the operation)
Lemme know what you think.
AJ
"grindblog@gmail.com" to Anthony
show details Feb 23
done
you call the shots now, tell me what to do
also RakeAid's spot has to be free and it can't be lower than 3rd
Anthony J Martino to me
show details Feb 24
Excellent,
MARCH LISTINGS
Has anything been done yet for March listings or do I need to send out emails?
EMAIL FORWARDING
I see you have POP enabled on the
rakereport@gmail.com account, want to make sure it's ok to disable this?
SITE UPDATES
As far as I'm aware, xxxx is the only guy I contact in regards to programming/updates for the site. If there is anyone else I should be in contact with for other services, please let me know.
EXPENSES
Please be sure to keep tabs on any expenses you incur (such as paying xxxx for his time or whatever) so I can make sure to include that in month-end revenue reports. I was figuring I would just have them bill you for their time (and copy me on any bills they send to you to ensure you aren't being overcharged). Unless you aren't comfortable with those type of support personnel being aware that you're still involved, then we need to figure something else out.
RECEIVING PAYMENTS FROM AFFILIATES
Also, since we would be presenting the image that I am the new owner of the site, I was thinking of having payments sent to either my own paypal account, my FTP or my Stars account from affiliates. I would then take care of sending you your share of the profits each month. If you are not comfortable with this arrangement, please let me know alternative payout options. It would obviously need to not be easily linked to you, otherwise any trust I'm able to build would go down the shitter and we might lose potential new clients.
AJ
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