[BNM] Share of Website Revenue

[AndrewGill73@gmail.com]

My 2 cents...

If you feel comfortable with accessing the risks of the project then
go-ahead. Do you have an appetite for taking some risk? If not then I'd
steer clear.

I've done one project with revenue share that worked out. I did it because I
was very familiar with the business domain and liked / trusted the people!

Actually we're looking for new projects where we will work for "free" but
take equity in the idea instead. We find Stanford's NABC Value Proposition
Analysis useful as a template for weighing up any idea.

Best of luck,
Andy Gill

On 10/15/07, andrew holway <andrew at moonet.co.uk> wrote:
>
> Im doing somthing similar with a few of the guys I host e-commerce for.
> percentage of turnover. I should steer very clear of any profit share,
> They can be very hard to audit, especially when people are moving the
> goal posts.
>
> Consult a lawyer on the contract. I get all my contracts from a
> commercial solicitor, makes all the difference.
>
> Ta
>
> Andy
>
> On 15/10/2007, Alan Newman < alan at sensibledevelopment.com> wrote:
> > Hi,
> >
> > My gut feeling would be to steer clear. Everyone reckons their ideas are
> > great and that they are going to succeed. It is just a way of getting
> > something for nothing....and very Web 1.0
> >
> > However, they may well be on to a winner - so you have to look at the
> > proposed business model, the skills of the directors running the
> > product/website and the marketing they have planned.
> >
> > You also need to look at the competitiveness of the product and decided
> what
> > the margin is for that product.
> >
> > Also, you need to decide whether you can afford for it not to work - if
> you
> > have, for example, renewable income from other sources, or a fountain of
> > work to come after this project is complete then it might be viable. The
> > main problem you will find is cashflow - funding the work you while they
> get
> > the product to market.
> >
> > You also would need to make sure the contract is water tight and don't
> just
> > rely on a nod and wink....specify where exactly this revenue is derived
> > from.
> >
> > Just my thoughts...
> >
> > Regards
> >
> > - Alan
> >
> > -----Original Message-----
> > From: bnmlist-bounces at brightonnewmedia.org
> > [mailto:bnmlist-bounces at brightonnewmedia.org] On Behalf Of Jim Callender
> > Sent: 15 October 2007 11:07
> > To: Brighton New Media
> > Subject: [BNM] Share of Website Revenue
> >
> > Hi all,
> >
> > I like some advice please:
> >
> > A new client has a project, he has proposed as part of the ongoing work
> > costs, myself taking a share of the revenue from the site.
> >
> > Before I make a decision: Is this a good idea? What are your
> > experiences, good/bad?
> >
> > TIA
> >
> >
> > --
> > Regards,
> >
> > Jim Callender
> > Callender Creates
> >
> > 9 Church Street / Brighton
> > East Sussex / BN1 1US / UK
> >
> > web.   www.callendercreates.com
> > email. info at callendercreates.com
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-- 
Kind regards,
Andy
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Andrew Gill
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