As many of you already know, I started a betta fish forum recently, with several members of the CF family as partners of this new venture. The site has only been online a short while, and is already ranking on page 1 in Google, Yahoo and Bing for "betta fish forum" as well as several other key terms. This is WAY faster than expected, so I've decided to start another new forum.
This time, I'm going a little bit bigger.
Here's the numbers:
Project Time Frame: around 3 years
Minimum Investment: $250
Estimated Return: 500% - 1100%
You would receive your % share of all revenue on a quarterly basis until the site is sold, at which time you'd receive your % share of the sale price.
Some people need to realize this....
Once Chris builds up his first forum and gets a large croud of forum viewers and members...
All he needs to do is advertise his 2nd forum all over his first forum and they will all immidiatly flock over to the second forum over night.
Reason being... is... both forums are of similar information to each other, and they will work together over time.
If that makes any scence to anybody... maybe AB can put that into better words than i can.
You nailed it. The 2nd forum is about tropical fish... the first is about betta fish. Almost every member we have on the betta fish forum so far... also has other types of tropical fish. So it will be even easier to get this second one going.
To give you an idea of how well the 1st new forum is going, check the stats:
To put that in perspective - that's about 25% better than CF was doing when it was that old. :rock:
According to Google's Webmaster Tools, the site is already ranking on page 1 for 75 different keywords! (pdf attached) It's also ranking on page 2 (and rising) for another 123 keywords, so traffic is growing daily.
So there you have it. CF was not a fluke. Turns out I really do know how to build successful forums
The 2nd new forum is a bigger niche than either CF or the betta forum, and has the potential to make a lot of money.
I had an investor who wanted to buy a piece of the new forum, and I haven't heard from them in about 2 weeks, and they haven't been online the whole time either. I've sent several messages and emails, and still nothing, so that means I have a tiny bit more available to the public at this time.
Very little to go around, first come first serve. Contact me asap if you are interested and can make a minimum investment of $250 within a couple days.
One way or the other, this offer will be closed by Friday, and there will be no more chances to buy in for at least 6 months, in which case the price will be much higher since it will already be online and making money. arty-smiley:
I've had a few people ask me the same question via PM's, so I figured I'd answer it here:
I've been asked if I plan to start more forums down the road, and whether I'd be looking for investors for them.
The answer, is yes and no. I WILL be starting more forums, but not for a year or more, and when I do, I will NOT be publicly looking for investors. The people who have already invested in my first new forum, and also this second new forum will have the opportunity to buy-in on any future endeavors, but that's it. If you're not in on these first two... you're just not in on it.
If you want to get in, but don't think you can come up with the money in time, send me a PM and I'll see if I can work something out with you.
This is interesting.
Not to rain on your parade, but how do you expect to make that much money? Are your members paying a subscription for membership?
Surely that kind of revenue can't come solely from advertising?
Anyone can set up a forum. I don't see how it would work.
A combination of advertising, paid (VIP) membership, merchandise and the sale of the site. The forum will be sold after 3 years for a big chunk of change.
My offer still stands too - if I sell another 5% to members of CF, I'll donate another 1% to the CF Prize Fund :rock:
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