Joel Comm makes 20k in 24 hours from 500words.com - WickedFire - Affiliate Marketing Forum

JDA · 07-01-2006, 03:30 PM

I guess this goes to show that stealing ideas can be profitable:

http://www.revenews.com/bradwaller/archives/002019.html

Quote:

Now that Joel has had his 15 minutes we can stop writing about his site and get on to other things. The first of which is that the true strategy Joel had with 500Words was not so much to make a fortune on the actual site, but now he is selling the script used to create the site. He says he made $20K in the first 24 hours and expects to make $50K by the time he is done from the 500Words site.
I'm guessing that he will do far better selling the script because #1 the price is a lot higher than selling words, and #2 he can sell as many copies are there are suc- er, buyers willing to pay for it. If you believe his numbers, he already sold the first 25 copies for about $500, and is selling the next 25 for about $600. That is an easy $20K for the first 40 copies sold. By my calculations he will break $100 grand right at copy #142. Pretty good if the sales can continue.
Of course these unique sites flash into existence, burn brightly as others imitate them and then fade away. And this only happens faster if something else can come in and grab the attention away. I have found that next amazing idea at BidTheGrid.com. Instead of buying space that lasts forever, you are only buying space until someone pays more for it. BidTheGrid has been up since March, and so far has 19 ads out of the possible 103 squares. Since you can get a space for free and only go away once someone outbids you, I calculate that they have made as much as $0 so far.
Seriously, while I think the idea of bidding for space on a smaller screen makes a whole lot more sense than the MillionDollarHomepage, these folks are daft if they think they can make much of anything without a real strategy. Joel had his list of followers to leverage who not only were the right customers, but they also trusted Joel and his ability to generate publicity and thus traffic to the site. Alex Tew spent money on a publicist to get him started. Here you have another site that has actually been around for months, but has nothing to show for it. Maybe Joel can get their script and show them how to make money with it too!

Nathan · 07-01-2006, 03:32 PM

It's called "influence" not stealing

JDA · 07-01-2006, 03:37 PM

I guess that's one way to look at it, I just find it sad that he started that site the day after 1000words.com started to take off.

Nathan · 07-01-2006, 03:49 PM

Consider how many scripts he will sell then consider how many of these types of sites there will suddenly be out there very very soon.

JDA · 07-01-2006, 03:52 PM

Yep, its about to be a million dollar home page pixel saturation type deal.

Pain · 07-01-2006, 05:16 PM

Stealing,everything on the internet is stealing. Ebuams world is only popular because they steal.

stealing FTW!

JDA · 07-01-2006, 05:25 PM

Yeah, I look down on Ebaums too. It's tough, I'd find it hard to pass up the money, but you've got to have some kind of morals too.

This was just really blatant anyway, so it offended me more than it would have normally.

Pain · 07-01-2006, 06:02 PM

All 500 website did was take a good idea and capilize on it...It's was a good business move.

JDA · 07-01-2006, 06:03 PM

Quote:

Originally Posted by Pain

It's was a good business move.

Yeah, I don't disagree with that.

Jon · 07-01-2006, 06:10 PM

Just $797!

DanNicol · 07-01-2006, 06:13 PM

Quote:

Originally Posted by Jon

Just $797!

and you get the pleasure of looking at his mug and a damn spammy sell page.

Pain · 07-01-2006, 06:19 PM

HAHA.. i never saw the sell page.
http://www.linksizzler.com/

i could create one of those word pages.

Jon · 07-01-2006, 06:24 PM

Thank you Joel Comm for showing us how to do this so that my programmers can make a replica script for me for $50 or less. Yay for you.

DanNicol · 07-01-2006, 06:34 PM

Quote:

Originally Posted by Jon

Thank you Joel Comm for showing us how to do this so that my programmers can make a replica script for me for $50 or less. Yay for you.

no doubt. just put the wickedfire logo instead of your mug in a monkey-suit on the spammy sales page

Jon · 07-01-2006, 06:49 PM

Quote:

Originally Posted by DanNicol

no doubt. just put the wickedfire logo instead of your mug in a monkey-suit on the spammy sales page

Who said anything about selling it? I think coming up with something that makes you lots of cash, and then selling the source of it is either..

A. A sign that it's not even that great, so you need to sell out quickly for some fast cash.

B. You're just an idiot and only after short term cash and profits.

If he did in fact make $20k in one day, which I'm not doubting he did either, why on earth would he sell the source for $1k? For a smart guy, he's fairly dumb. Yes, you can definitely make $100k from selling the script, bravo. But that's a one time deal. Instead you can own the market, make all the sites yourself for any niche you want, and truly make well over $1M every few months (or less) with it.

The price and reason for selling always catch my eye quicker than the actual product and how much it has made the owner.

DanNicol · 07-01-2006, 07:02 PM

i get what you are saying now. I read the post wrong. I assumed you meant selling the script of $50. I get where you are coming from now.

Dan

marc · 07-02-2006, 01:23 PM

Quote:

Originally Posted by Jon

The price and reason for selling always catch my eye quicker than the actual product and how much it has made the owner.

he is selling it for a crazy price too.. look how much you can buy a milliondollarhomepage script for - this one isn't even as difficult to write I would think, in fact from the look of it it could just be a static html page

Jon · 07-02-2006, 01:39 PM

Quote:

Originally Posted by marc

he is selling it for a crazy price too.. look how much you can buy a milliondollarhomepage script for - this one isn't even as difficult to write I would think, in fact from the look of it it could just be a static html page

It definitely looks easier, and more customizable. I guess I can't really blame him for selling something for $1k if it can potentially make 20x-25x that in a day, or even a week. But when it comes to taking an original or semi-original idea, and then using it, and proving to yourself and team that it works, and then selling it? That's just retarded. He should be going out there, flooding the market, making millions of dollars, then after everything is pretty much tapped, and he is well bored of it, THEN sell it to the potential competition.

For a self proclaimed internet marketing expert, he sure is a shitty strategist.

Payton · 07-02-2006, 01:56 PM

Maybe he's already bored of it? Already thinks the idea is getting old?

You like making niche sites and making a ton of them but other people might not, even when you tell them how much money you can make. Why do software companies sell software? Why not just take on projects and sell you the finished product? Just comes down to personal preference and knowing what you're good at I think.

RedMatrix · 07-03-2006, 02:09 AM

Maybe he's forseeing that the flash-in-the-pan is about to come to an end, and wants to cash out now (like you said)

RedMatrix · 07-03-2006, 02:47 AM

already got some going.... 97tags.com (and they are also SELLING the script)

GeorgeB · 07-03-2006, 08:58 AM

IMO what these guys are doing is the ONLY way to do it.

You see if they didn't sell the script somone else would clone it and sell it. So from that perspective they kind of had no choice. Make money off of selling the script or let someone else do it.

Ferraristi · 07-03-2006, 11:51 AM

I made my own in a couple of hours using html. No scripts or anything. I reckon that if he's selling the script so that other people can try and replicate what he did then he's encouraging clones, so I don't feel guilty.

All I need now is some sales

Jon · 07-03-2006, 07:24 PM

Quote:

Originally Posted by Ferraristi

I made my own in a couple of hours using html. No scripts or anything. I reckon that if he's selling the script so that other people can try and replicate what he did then he's encouraging clones, so I don't feel guilty.

All I need now is some sales

Yours and his are much different.

Ferraristi · 07-04-2006, 04:38 AM

I feel even better now Jon. I think.

Do you think my version has potential?

Jon · 07-04-2006, 04:40 AM

Quote:

Originally Posted by Ferraristi

I feel even better now Jon. I think.

Do you think my version has potential?

Well, everything has potential of course, I just think you need to switch over to php so you don't have 1000 links on one page, and so that it makes it easier for users to buy words. Also, you may want to tone down your pricing a bit, it seems awfully and unusually high..

Ferraristi · 07-04-2006, 05:39 AM

Thanks Jon, I was already thinking about dropping the pricing. Afraid I don't know anything about PHP, so that might prove difficult for me, but I'll have a look into it. Thanks for taking the time to offer advice, I appreciate it.

Nir · 07-04-2006, 03:50 PM

Quote:

Originally Posted by JDA

I guess this goes to show that stealing ideas can be profitable:

http://www.revenews.com/bradwaller/archives/002019.html

Hi All,

Brad has a small but very significant error in his post. we (bidthegrid.com) are officially as of June 20th, this means 2 weeks! And not from march.
I think this minor but important correction changes the whole perspective.

Nir

visit us at http://www.bidthegrid.com

dre · 07-07-2006, 12:56 PM

I beleive he is selling it

http://www.sitepoint.com/marketplace/auction/190?

Elvie · 07-07-2006, 01:12 PM

Damn Joel Comm made a lot of money fast. He's smart to sell it while it's hot.

Jon · 07-07-2006, 03:02 PM

Quote:

Originally Posted by dre

I beleive he is selling it

http://www.sitepoint.com/marketplace/auction/190?

What's it going for though?

dre · 07-07-2006, 05:00 PM

Bids start at $100,000.

Pain · 07-07-2006, 05:21 PM

Quote:

Originally Posted by dre

Bids start at $100,000.

Do i get a free t-shirt that says" Sucka" on it?

Jon · 07-07-2006, 05:40 PM

Quote:

Originally Posted by Pain

Do i get a free t-shirt that says" Sucka" on it?

I think this is more or less the face he'll make when someone does buy it

ltn1dr · 07-07-2006, 07:22 PM

Threads: 1,221, Posts: 14,017, Members: 961
Welcome to our newest member, Joel Comm

:o

907Group · 07-07-2006, 08:39 PM

He dropped the price down to $75,000 starting bid. He is on this forum..

Pain · 07-07-2006, 08:42 PM

Quote:

Originally Posted by 907Group

He dropped the price down to $75,000 starting bid. He is on this forum..

WOW!!! 25k drop allready?!?!?

Joel Comm · 07-07-2006, 09:24 PM

Quote:

Originally Posted by Pain

WOW!!! 25k drop allready?!?!?

A very successful intenet marketer said if I was going to put it on ebay as well to start the price at $75K. So I Didn't want to list it at one price here and another at ebay.

The value is still way more as far as I am concerned. Again, it is marketing...

Joel

madawgz · 07-08-2006, 07:01 AM

well good for him

atleast hes making money and took it to the next level

i still feel sorry for the starter

07-01-2006, 03:32 PM	#2 (permalink)
Nathan Senior Member Join Date: Jun 2006 Posts: 543 iTrader: 0 / 0%	It's called "influence" not stealing Share Share this post on Digg Del.icio.us Technorati Twitter

07-01-2006, 03:37 PM	#3 (permalink)
JDA Senior Member Join Date: Jun 2006 Location: Atlanta Posts: 721 iTrader: 0 / 0%	I guess that's one way to look at it, I just find it sad that he started that site the day after 1000words.com started to take off. Share Share this post on Digg Del.icio.us Technorati Twitter __________________

07-01-2006, 03:49 PM	#4 (permalink)
Nathan Senior Member Join Date: Jun 2006 Posts: 543 iTrader: 0 / 0%	Consider how many scripts he will sell then consider how many of these types of sites there will suddenly be out there very very soon. Share Share this post on Digg Del.icio.us Technorati Twitter

07-01-2006, 03:52 PM	#5 (permalink)
JDA Senior Member Join Date: Jun 2006 Location: Atlanta Posts: 721 iTrader: 0 / 0%	Yep, its about to be a million dollar home page pixel saturation type deal. Share Share this post on Digg Del.icio.us Technorati Twitter __________________

07-01-2006, 05:16 PM	#6 (permalink)
Pain WF FTW Join Date: Jun 2006 Posts: 309 iTrader: 0 / 0%	Stealing,everything on the internet is stealing. Ebuams world is only popular because they steal. stealing FTW! Share Share this post on Digg Del.icio.us Technorati Twitter __________________ Rob.

07-01-2006, 05:25 PM	#7 (permalink)
JDA Senior Member Join Date: Jun 2006 Location: Atlanta Posts: 721 iTrader: 0 / 0%	Yeah, I look down on Ebaums too. It's tough, I'd find it hard to pass up the money, but you've got to have some kind of morals too. This was just really blatant anyway, so it offended me more than it would have normally. Share Share this post on Digg Del.icio.us Technorati Twitter __________________

07-01-2006, 06:02 PM	#8 (permalink)
Pain WF FTW Join Date: Jun 2006 Posts: 309 iTrader: 0 / 0%	All 500 website did was take a good idea and capilize on it...It's was a good business move. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ Rob.

07-01-2006, 06:19 PM	#12 (permalink)
Pain WF FTW Join Date: Jun 2006 Posts: 309 iTrader: 0 / 0%	HAHA.. i never saw the sell page. http://www.linksizzler.com/ i could create one of those word pages. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ Rob.

07-01-2006, 07:02 PM	#16 (permalink)
DanNicol Serenity Now Join Date: Jun 2006 Posts: 874 iTrader: 0 / 0%	i get what you are saying now. I read the post wrong. I assumed you meant selling the script of $50. I get where you are coming from now. Dan Share Share this post on Digg Del.icio.us Technorati Twitter

07-02-2006, 01:56 PM	#19 (permalink)
Payton Affiliate Padawan Join Date: Jun 2006 Posts: 599 iTrader: 0 / 0%	Maybe he's already bored of it? Already thinks the idea is getting old? You like making niche sites and making a ton of them but other people might not, even when you tell them how much money you can make. Why do software companies sell software? Why not just take on projects and sell you the finished product? Just comes down to personal preference and knowing what you're good at I think. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ Girly Myspace Layouts Cute Myspace Layouts Myspace Tweaks Girly Myspace Layouts Myspace Codes

07-03-2006, 02:09 AM	#20 (permalink)
RedMatrix Member Join Date: Jun 2006 Posts: 84 iTrader: 1 / 100%	Maybe he's forseeing that the flash-in-the-pan is about to come to an end, and wants to cash out now (like you said) Share Share this post on Digg Del.icio.us Technorati Twitter __________________ pandabearmarketing.com (blog)

07-03-2006, 02:47 AM	#21 (permalink)
RedMatrix Member Join Date: Jun 2006 Posts: 84 iTrader: 1 / 100%	already got some going.... 97tags.com (and they are also SELLING the script) Share Share this post on Digg Del.icio.us Technorati Twitter __________________ pandabearmarketing.com (blog)

07-03-2006, 08:58 AM	#22 (permalink)
GeorgeB Senior Member Join Date: Jun 2006 Posts: 384 iTrader: 6 / 100%	IMO what these guys are doing is the ONLY way to do it. You see if they didn't sell the script somone else would clone it and sell it. So from that perspective they kind of had no choice. Make money off of selling the script or let someone else do it. Share Share this post on Digg Del.icio.us Technorati Twitter __________________ ubored? Join Us PROHINT: We are looking for people who like to discuss celebrities be they in music, acting, politics, or famous for no reason!

07-03-2006, 11:51 AM	#23 (permalink)
Ferraristi Senior Member Join Date: Jun 2006 Location: Mansfield, Nottinghamshire, UK Posts: 237 iTrader: 2 / 100%	I made my own in a couple of hours using html. No scripts or anything. I reckon that if he's selling the script so that other people can try and replicate what he did then he's encouraging clones, so I don't feel guilty. All I need now is some sales Share Share this post on Digg Del.icio.us Technorati Twitter

07-04-2006, 04:38 AM	#25 (permalink)
Ferraristi Senior Member Join Date: Jun 2006 Location: Mansfield, Nottinghamshire, UK Posts: 237 iTrader: 2 / 100%	I feel even better now Jon. I think. Do you think my version has potential? Share Share this post on Digg Del.icio.us Technorati Twitter

07-04-2006, 05:39 AM	#27 (permalink)
Ferraristi Senior Member Join Date: Jun 2006 Location: Mansfield, Nottinghamshire, UK Posts: 237 iTrader: 2 / 100%	Thanks Jon, I was already thinking about dropping the pricing. Afraid I don't know anything about PHP, so that might prove difficult for me, but I'll have a look into it. Thanks for taking the time to offer advice, I appreciate it. Share Share this post on Digg Del.icio.us Technorati Twitter

07-07-2006, 12:56 PM	#29 (permalink)
dre Member Join Date: Jul 2006 Location: Milwaukee, WI Posts: 53 iTrader: 0 / 0%	I beleive he is selling it http://www.sitepoint.com/marketplace/auction/190? Share Share this post on Digg Del.icio.us Technorati Twitter __________________

07-07-2006, 01:12 PM	#30 (permalink)
Elvie Senior Member Join Date: Jun 2006 Location: Nova Scotia Posts: 320 iTrader: 0 / 0%	Damn Joel Comm made a lot of money fast. He's smart to sell it while it's hot. Share Share this post on Digg Del.icio.us Technorati Twitter

07-07-2006, 05:00 PM	#32 (permalink)
dre Member Join Date: Jul 2006 Location: Milwaukee, WI Posts: 53 iTrader: 0 / 0%	Bids start at $100,000. Share Share this post on Digg Del.icio.us Technorati Twitter __________________

07-07-2006, 07:22 PM	#35 (permalink)
ltn1dr Call me Andy Join Date: Jun 2006 Location: Washinton D.C. Posts: 593 iTrader: 0 / 0%	Threads: 1,221, Posts: 14,017, Members: 961 Welcome to our newest member, Joel Comm :o Share Share this post on Digg Del.icio.us Technorati Twitter __________________

07-07-2006, 08:39 PM	#36 (permalink)
907Group Member Join Date: Jun 2006 Location: Chicago Posts: 41 iTrader: 0 / 0%	He dropped the price down to $75,000 starting bid. He is on this forum.. Share Share this post on Digg Del.icio.us Technorati Twitter

07-08-2006, 07:01 AM	#39 (permalink)
madawgz I Need Beer Join Date: Jun 2006 Posts: 86 iTrader: 0 / 0%	well good for him atleast hes making money and took it to the next level i still feel sorry for the starter Share Share this post on Digg Del.icio.us Technorati Twitter __________________ Selling a media site? Let me buy it from you...pm please...

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