I have an idea for a new website. Hiring a freelancer to do the code will cost around $2k-$3k which i can pay for but then i want to start it of big. I want to promote it on a high level and i'll need contributors that can write new blog posts everyday. I dont know how much money i will need to promote it and also i dont think i will have enough money to hire someone to post blogs everyday for me. So how can i get someone to invest in my website or contribute to it without pay. What can i offer in return? not sure how investments really work but if someone says hey i want to contribute by giving you $2000 for advertising...what can i say that i can offer in return? Any ideas?
of coz nobody will invest with nothing in return. you can negotiate with the invester, what he demands. Like you can give him xx% or let him run some ads on your site or whatever.
As erase says "nobody will invest with nothing in return". Make a good offer like "Invest $3,000 and get 10% from my ad profits for lifetime" or anything like that - I think you understand what I try to say ;-) Something I know from experience: If you don't find the "right" coder there always be big intricacies! Over and over again... and I think it's very difficult to find the "right one"... So what can you do against this? Learn PHP, MySQL, JS and so on! It's the best way, trust me ;-) I did it like that and learned it by doing. Just my advice! Greets, Kevin
affilimerge made a god point. Just learn some programming languages and do it yourself. That is the easiest way to do. Unless your site will be something huge, like Facebook for example. When it comes to getting contributors, what you could do is look up a few blogs that are related to your site and ask them to contribute their content for the benefit of getting a link on your site. They will promote their blogs and at the same time give you free content.
If you want investors, find out where the old people hang out and find a way to get in there and listen to them. The older someone is, the more likely they are to invest in an idea than steal it. When you get old you start thinking less along the lines of turning a profit and more along the lines of making the world a better place. Old people like having someone to talk to. Once they know they can talk to you and you'll listen, they'll start seeing if they can trust you. If they can trust you, they'll give you anything you ask for, within reason.
Start Guest posting and just give away them a backlink on your website. If your website rank good everyone will like to write there and at the end of post they could paste there website URL. In this way you can get free posts for your blog.
there is a section called partnership or some thing here in dp..offer ppl a percentage of your profits...if your idea has potential definitely ppl will come forward
Instead of contacting someone for the entire budget, i think it is better to divide and share the revenue. 1. Hire a designer and share some revenue with him and also offer a footer link and a sponsor page if possible. 2. Hire a content writer and offer something like adsense revenue sharing. But in the initial stage you need to atleast hire few writer whom you can afford, pay them and get things done. 3. Link exchange or banner exchange. 4. Offer guest posting. These things when you contact and hire right people, can do wonders. All the best
Do you have a good pagerank? If so, you can offer for a permanent footer link to his website in return for blog posts.. alternately, you can offer to put his adsense banners on your site for as long as he continues writing..as an owner, you should know stop making money yourself till you make it big, at which point you can discontinue the freelancer and hire someone for pay..
You need to know the art of "convincing" a prospective inverstor. It also depends on how strongly you yourself believe in your business. The more passionate and persistent you're about your business, the better you will do!
People aren't going to just give you money for free. Investors would want to own a part of the company in exchange for giving you money. Lenders would lend you money in exchange for you paying them back over time with interest. Depending on the amount, you may have to pledge something as collaterol.
If this the case then its suppose this way. You get the $2000,then you give some portion of the earning to the contributor in the future. Or you can see the $2000 as loan,so you pay back it within the specific period plus interest.
I do have a programmer right now that i've been working with for couple years. Actually 2 good ones. They are reasonable with price and do quaility php work. I know basic php and html, css, and mysql queries but nothing really complicated that i could build an advanced php website from scratch. i let them do the php work and i do the graphic design for the user end.
Good idea. I was thinking about letting them run their adsense or other ads on my blog for the articles they post each time.
Ok lets say i need $10,000 and this will pay for all the advertising costs for 3 full months and hopefully get the website on the right track. As you see i never took a business class...lol What kind of returns can i offer to my investors? If lets say someone came and said i have $1000 i can invest...other maybe $4000 and others the rest. What % should i offer them in return and for how long? If someone gives me $1000 should i say 10% in returns for life? or 5 years? Any other ideas???
If you are actually planning to ask for $10000 odd as investment, either get it from a bank or don't get anything at all.. 10K is too small an amount to part away your stake with. Instead, I would say, work on building a couple of content portals for 5-6 months..work fully into them so you can sell affiliate products, etc that will make you on an average 5-6K every month - trust me, it is possible if u work hard.. then, you can outsource work..dont borrow 10K for equity!!
Something for something. Offer them percentage from the income, create a very good marketing plan, a road map regarding the development (this is the most critical part of the creation).
I suggest you to google for "business valuation" - there's tons of articles out there on this topic and it's arguably one of the most important aspects to get familiar with prior to raising money. What you'll discover is that the first step you need to go through is the creation of a business plan (and more importantly a financial plan) - so that you would have a clear vision on how big of an investment your future project will need and what will be the estimated profit. Only after having those number in place can you determine the value of each investment and try finding your investors.