I think you'll get a kick out of watching this:
It's a lot of how Danny Welsh looks at business rolled up into 3 or so minutes.
In a nutshell, this is what I gave Danny the green-light to model as his “create a movement” idea for the strategic plan of rolling out JointVentures.com the business from what was simply JointVentures.com the domain name.
n We’ll continually model this as we build our domain leasing and JV development clients to the 100 original goal Rick set and beyond (possibly a 3 year journey to really get rolling…a journey that Rick's been predicting for 18 years) as we put together mini-deals and big deals both that each can turn into a Candy.com or Punchbowl.com etc. All WIN-WIN deals where the bulk of the upside is NOT taken by the domain name owner, but left for the business that develops a great domain into a great business through an equity share (start-ups typically) or marries a great domain name thru a domain lease with a good-to-great existing business for that business to become even greater.
* We modeled this as we created only our domain investor client base (done right according to plan from 12/1/2012 thru 2/1/2013).
* We’re modeling this as we build our sales team (happening RIGHT now and will take longer to do it RIGHT).
What does the “tipping point” for leasing top-tier domain names look like?
It’s when not just Rick Schwartz and Danny Welsh are making things happen and making the big money in serving businesses to explain to them the benefits of leasing a great domain name.
There’s plenty of opportunity to go around.
How about a $25,000-$100,000 bonus contest to kick things off?
Danny and I are considering a few options to motivate and add a sense of urgency to the equation.
We are looking in the next year or two to write a bonus check for $100,000 to one talented domain sales broker. And many others that don’t hit the goal will still make plenty of money being one of the first followers.
Rick Schwartz of course is the lone nut in one interpretation (RicksBlog).
Danny Welsh of course is the lone nut in another interpretation (JointVentures)
Who's the next lone nut?
Send in your video application via posted link in the comments to the “Armchair Quarterbacks Need Not Apply: JointVentures.com Sales Team Now Recruiting Future MVPs” announcement post here: LINK
Applications will close on Friday.
When the music stops…it’s stopped.
Have a GREAT day!