how can i profitably work with others?

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stickyclick

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I've been really successful with affiliate marketing- doing hundreds of leads per day, for some time and earning a solid 6-figure income.

I'm constantly hit up by noobs and experienced marketers alike for tips and advice about kw bidding, seo, offer selection, traffic sources, etc.

Now generally speaking, I'm a people person, and enjoy being part of a team. But for obvious reasons, I've kept my marketing savvy pretty private. This doesn't feel too good, as i'd really like to help others.. but not to the detriment of my own business.

I don't trust referral schemes, etc. because the ambitious affiliate would likely cheat and cut me out.

So, any ideas on how i could work with others in a safe, and profitable way?

Thanks for your input. :bigear:
 


Depends on the person. For two people I've setup LLCs where I own the percentage of the profit split we agreed on. These were dedicated, promising individuals who I knew would do well, and I had previous relations with. Most, aside from pretty basic questions, just keep quite. Affiliate marketing is about striking oil and keeping quite about it. Its nothing personal, its business.

S1ick
 
I can agree with S1ick here in setting up LLC's with people. You really have to get to know the person and find out what skills they possess. I personally try to look for other;s that have stronger skills in things that I am weaker in. I have found that teaming with people that are just as knowledgeable in a subject as I am, often turns out to be a bad deal for both of us. Find people with different skills, try communicating effectively and tackling projects together in a cohesive manner.

I have been ripped off by partnering with people so I know where your coming from when you say "So, any ideas on how i could work with others in a safe, and profitable way?"

It takes time, communication and intuitiveness. Even after that, you can still get screwed over.
 
s1ick said:
Depends on the person. For two people I've setup LLCs where I own the percentage of the profit split we agreed on. These were dedicated, promising individuals who I knew would do well, and I had previous relations with. Most, aside from pretty basic questions, just keep quite. Affiliate marketing is about striking oil and keeping quite about it. Its nothing personal, its business.

S1ick
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Yep. Good post, thanks. Pretty much the conclusion i've come to.

LLCs is an interesting idea.. but clearly you're putting a lot of trust into these individuals.

btw, nice blog.
 
It sounds like you're at a crossroads with your 'career' and are looking to branch out and try other things. There are other ways to help people on a consultancy-basis, using your prior experience. This way, you don't have to come up and say "I spent X to bid on Y which made me Z" - look at the project that someone has going on and offer either a revenue share or just a pay per project basis.

If you're making good money and you just want to be charitable and give back, maybe start a blog and give tips, that sort of thing.
 
This is my advice, and it's probably not worth a whole lot, but it's worked for me.

I might be wrong, but it sounds like you want to reach out a bit and do something that helps someone else. I'm going to be frank, business probably isn't the best venue for this. In my experience you're going to get burned helping other people a whole lot more than you'd like. It's just a reality. So if you really want to help people out, consider getting involved with a charity. You're not going to make any money from it, but it's going to make you feel good, especially if you work a lot and work alone.
 
I think it can be done, but you need to trust the person ALOT. More importantly, you must have 110% confidence in the person.

You can either A) Recruit someone who is new, but has a shitload of common sense and is hungry to learn/ act on what he/she's learned. Part of their common sense should be a general respect toward others and gratefulness to you for giving them an opportunity.

or B) Strike up a relationship with someone who is established and get to know them inside and out before you slowly start collaborating with them.

No matter what you do, don't hire any of your friends or family.
 
help others???

THE FIRST THING YOU HAVE TO DO "BEFORE" YOU TRY TO HELP ANYONE
IS TO PUT ON A "CHASTITY BELT" BECAUSE MOST PEOPLE ARE GOING TO TRY TO SCREW YOU SOME WHERE ALONG THE LINE!
 
Nothings wrong with keeping a secret

Your good at what you do because of the effort you put in. Newbie affiliates will get good, but they gotta do somewhat on their own. This is a muddy business and what works for some may not work for others. Besides if you truly take interest in what you promote why try to give better placement to the capitalist pig.

Oh sometimes I forget I'm a capitalist pig too. I just capitalize on what I love!
 
Depends on what your goals are for the individual and why you would want to branch out. I would say trust and respect are the two largest ideas when dealing with other people. Considering that most of this is internet based, it is very hard to trust another person without meeting them face to face and conversing with them on a daily basis.

The best way to go about it would be to set up a real business and have someone work under you, perhaps giving them a few jobs here and there and paying them like you would pay anyone else. After a while, you could give the person more jobs as trust increases. Hopefully that person would branch out into another area and you could keep the business contact, further increasing your profitability and creating a small network of business associates. Networks can make more money than individuals, even working towards individual goals. If everyone's goal is the same, there should be no hardships or grudges.

However, that is my ideal way of thinking, I have been proven time and time again that the real world doesn't seem to work that way and a communal goal network is often begrudged by individual selfishness and corruption.
 
I think in order to work with someone else, you need to respect and trust the person you are working with. It is difficult to do that considering that nature of this business and the fact that we don't deal with people face to face. It is hard to tell who you can trust and who you can't, who will be a good business partner, and who will take what you have to offer with a grain of salt.

I believe the best way to go about dealing with something like this would be to run it like a real business. Give someone a job, pay him per job. Teach him more as you begin to trust him. Offer bits of advice, let him play around with the ideas an develop new ones on his own. Hopefully after time passes he gets a good sense of what is going on and will branch off on his own. If all goes well, you will create a new business affiliate, and have a larger network of associates. A network of people can make more money and be more profitable than an individual, that can be used as an advantage. This process should be able to weed out the bad apples so to speak and generate good contacts for future endeavors.

People will always come and go depending on what their situation is at the time, but you will end up with a small team of people who work with you, and who work with themselves at the same time. I think the idea of having more than one person help you is a great idea, but trust and respect are to be earned. With small efforts on both parties sides, this can be achieved in time.

(I had a much better post laid out, but however it wasn't submitted for some reason. This post doesn't convey my original ideas anywhere near as well as the other one did, but hopefully you get the gist of what I was saying.)
 
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