Is this guy serious? He will pay you $300/month if you make him $50/day?

This could be true when a site needs a lot of investment maybe the person doesnt have it but a 20% cut is too less

 

People never cease to amaze.

 

You can't determine that without knowing what the running costs, money and time, are so the % is in the eye of the beholder.

Why do people completely discard something like this,
not saying this specific one is a good proposal, but it could be,
if you discard this off hand then by that reasoning anyone who sells a profitable website is an idiot.
Hello, maybe someone who has a profitable website simply wants to go and do other things.
Getting paid by a % of the profit is most likely to get you more money long term than a one off sales price,
it depends on the individual situation.

Then there are those of us whose business it is to create sites, not run them.

Ok, looking at myself, i can make you a perfectly good tipster/handicapper site with paid subscriptions.
Bit of marketing, not too much, and you'll make a nice sum.

Do i want to make the site... sure, nice project to do.
Do i want to spend my days running it day to day... no way, much too tedious and boring.
Do you think you can make a success of a tipster/handicapper website, i'll gladly make it for you for a % of the profit.
Perfectly valid scenario.

 

No, because he's asking the person to do all the work so it kinda defeats the point.
Plus, you would rather hire someone for $100 a month rather than losing $1200 per month to this guy.

So, yeah it's pretty clear that no matter what way you spin it, it's a very stupid proposal.

 

Read it again,
nowhere does it say he expects you to run the site on-goingly,
as obviously that would be an idiotic proposal,
he's just asking you to create it.

 

The only stupid part of this specific proposal is that if you can create a site that can make 50$ a day i'm pretty sure you can find a partner or buyer that will give you more than 20%.

Think about it,
according to your reasoning any freelance developer who makes websites for clients for a one-off payment is an idiot...

 

well, people are bidding because they are desperate to earn money, as simple as that.

 

If I can do anything like that then why I will do for him.

 

The people who bid must have saw 50 a month for 300 a month LOL

 

lol, wtf?? Very funny guy. I think he is a stupid idiotic n00b and don't know about anything.

 

make $50 / day ?
and you get $300 / month . .

 

yea i bet half of those bidders are actually the person who posted the request in the first place

 

lol this may sound like a "scam", but really it is capitalism at its finest. I mean, lets be honest, who on freelancer expects to make LESS money than they are spending on their project? No one! He is just being too honest.

 

If it is not scam,its fair.

 

Funniest thing ever. LOL