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  #12  
Old May 28, 2003, 05:57 PM
Chris H.
 
Posts: n/a
Default Re: I have stopped giving free advice and business ideas to friends.

What's the site, James?

> When you give away free advice they treat it
> as if it has no value. And I guess, in their
> eyes, it doesn't.

> It's really funny: All my friends know what
> I do for a living. They know I quit my job
> last year to work full time for myself. They
> know I am selling information products on
> the internet and doing quiet well (no
> bragging -- just trying to make a point) And
> one will occassionally ask me to help him
> get started doing the same thing.

> The last time, I spent an evening (note: I
> gave up my evening because he had to work
> doing the day) with him. I had identified a
> market of people just begging for a certain
> type of product and I had figured out where
> to get the content for a members only
> website to sell to this market. I gave him
> all my research, showed him what the
> competition was doing, how to dig out a
> niche that the competition was missing,
> exactly where to get all the content, how to
> set everything up on auto-pilot, etc., etc.
> This would have been about a 2 week project
> from start to finish.

> So what happened? I bumped into him about a
> month later and he said he was taking a
> frontpage class at the community college and
> "looking for office space for a new
> project."

> I went ahead and hired some people off
> elance to put together the content for the
> website. I spent about a week polishing the
> content and getting everthing set up.

> The site now earns me an additional $1000.00
> net per month.

> My friend is probably interviewing
> secretaries. :)