Re: February Pay With Tweet
Posted: Sun Apr 05, 2015 12:31 am
Mark & Billy have a right to make as much money as they can from BC. Could be millions. Not overly relevant. The questions & issues I posed is about how both assets & customers feel & the impact it might have on their business. Creating contest created a situation of expectation by members. Had contests not existed backers probably would not expect anything. Referrals similar - if they weren't suggesting we refer people we wouldn't care as much about the criteria nor would we expect money for referring backers/creators. This is where trying to motivate backers creates unexpected headaches for the founders. But how much money they make should still be irrelevant. The relevant questions are:
1. Are they motivating us in the ways they want
2. If not (which seems to be the case) what changes could they make to motivate us to do what they want
FB & Twiiter make millions doing things I don't like but I still use them as they are necessary for my business. And I complain when they do things I don't like.
Any business will do as it will. In today's world with social media one of the things that separates different businesses from their competition is how they treat their customers & in some cases assets. There business might spawn competitors who do things differently but then they are competitors to existing businesses like Backers Hub.
Having helped co-found several businesses, helped write several business plans to be reviewed by others including the small business association, the most critical parts is showing how you will profit and how you will differentiate yourself from competition. So again if they were to make $100k or $5 million in profit is none of our business. What is our business is the questions:
1. Is the club meeting our expectations/needs
2. If not are the founders willing to make changes to meet our needs or should those of us hunappily leave instead of causing "sideways" issues
1. Are they motivating us in the ways they want
2. If not (which seems to be the case) what changes could they make to motivate us to do what they want
FB & Twiiter make millions doing things I don't like but I still use them as they are necessary for my business. And I complain when they do things I don't like.
Any business will do as it will. In today's world with social media one of the things that separates different businesses from their competition is how they treat their customers & in some cases assets. There business might spawn competitors who do things differently but then they are competitors to existing businesses like Backers Hub.
Having helped co-found several businesses, helped write several business plans to be reviewed by others including the small business association, the most critical parts is showing how you will profit and how you will differentiate yourself from competition. So again if they were to make $100k or $5 million in profit is none of our business. What is our business is the questions:
1. Is the club meeting our expectations/needs
2. If not are the founders willing to make changes to meet our needs or should those of us hunappily leave instead of causing "sideways" issues