Sovereign Man

[DMo09]

Here's a guy creating his own freakshow sovereign nation in the middle of nowhere the Utah wilderness.

http://news.yahoo.com/york-man-creates-sovereign-nation-utah-033005010.html

This article has 27 comments within 40 mins of posting.  We need this kind of participation/support for Bts articles!

[donkeypong]

Here's a guy creating his own freakshow sovereign nation in the middle of nowhere the Utah wilderness.

http://news.yahoo.com/york-man-creates-sovereign-nation-utah-033005010.html

[Stan]

In order to get the sale the big company must know all the details.  They will not sign off on something they do not understand.  You cant say... Hey sign this... I will teach you about a cool concept that is openly available online and if you choose to use it it you pay me 3% for telling you about it.

That does not happen.

What happens is you teach them about it.  You get them interested, you get them to want to do it.  then you offer a service to help them get it done.   And if you charge to much or no longer provide any value they will cut you out and go around you.

If the tech company had a sales team, then they could have a contract off chain, but that is different.

But having said that I recall why the 2-tier system has a weakness.   Big company will just sign up a 2nd account for $100 and get their own 2nd tier. That was also why I suggested several pricing tiers based on volume.  That would eliminate this problem largely.   But on the down side it does add complications.

My only point was that you can wrap the basic option with added value that makes it much more likely that a big company would agree to it.  Sure, they could access the raw blockchain and develop something of their own, but that is simply too hard for them to ever consider.  So the only way is to provide the added value wrapper and split the revenues.  (You can still explain in detail how it works and the value you are adding.)  Herein lies the great opportunity for entrepreneurs to add value and reap rewards.

Classic value added reseller business model.

[bitmarket]

In order to get the sale the big company must know all the details.  They will not sign off on something they do not understand.  You cant say... Hey sign this... I will teach you about a cool concept that is openly available online and if you choose to use it it you pay me 3% for telling you about it.

That does not happen.

What happens is you teach them about it.  You get them interested, you get them to want to do it.  then you offer a service to help them get it done.   And if you charge to much or no longer provide any value they will cut you out and go around you.

If the tech company had a sales team, then they could have a contract off chain, but that is different.

But having said that I recall why the 2-tier system has a weakness.   Big company will just sign up a 2nd account for $100 and get their own 2nd tier. That was also why I suggested several pricing tiers based on volume.  That would eliminate this problem largely.   But on the down side it does add complications.

[Stan]

Well, the assumption is that big companies are not in the business of developing their own wallets.  They may be responsive to an opportunity to monetize their existing user base with a turn-key product like our exchange-in-a-box.

So the deal you negotiate is (after studying their business model) some variation on this:

"Our company will provide a service you can link to from your web site that will gradually teach your customers about our features and return you a revenue stream."

That service is what signs up the customers and distributes the revenue stream to three parties according to some negotiated deal. 

X% goes to the Big Company as a new revenue stream they didn't have to pay for.
Y% goes to the developer of the drop in app for providing and integrating the software.
Z% goes to the referrer for negotiating the deal and providing the training to make happy quality users.

Sure, a Big Company could theoretically later come along and develop their own app, but they are not in that business.  You might as well worry about them developing their own advertising systems and shopping carts instead of integrating the best of breed.

Here's a killer product you might offer:

If they hold their "Amazon Coupon Tokens" they earn "interest" in the form of discounts at Amazon.  The 3% discount can be made to look like 3% interest.  So they can sell Amazon Discount Tokens that earn a "yield" and can be spent later!   The longer you hold them, the better your discount.

Instant Amazon savings account that pays more than your local bank!

No need to even mention that it's Powered by BitShares.  No need for Amazon customers to see the full exchange until later when they can follow a funnel into what else they can do with their Amazon Points.

Lots of opportunities for entrepreneurs to build on the BitShares platform in new and novel ways.

Stan, if I could upvote that post, I would. Plenty of people here are only beginning to understand that opportunity.

Well then, I hereby upvote (shamelessly bump) YOUR post!

Oh, and then tie your interest bearing Amazon Points to an OpenLedger Nanocard and you've got an Amazon branded interest bearing debit card.

Entrepreneurs have never had it so easy to mix and match new business models.

Just sayin'..

[Stan]

Well, the assumption is that big companies are not in the business of developing their own wallets.  They may be responsive to an opportunity to monetize their existing user base with a turn-key product like our exchange-in-a-box.

So the deal you negotiate is (after studying their business model) some variation on this:

"Our company will provide a service you can link to from your web site that will gradually teach your customers about our features and return you a revenue stream."

That service is what signs up the customers and distributes the revenue stream to three parties according to some negotiated deal. 

X% goes to the Big Company as a new revenue stream they didn't have to pay for.
Y% goes to the developer of the drop in app for providing and integrating the software.
Z% goes to the referrer for negotiating the deal and providing the training to make happy quality users.

Sure, a Big Company could theoretically later come along and develop their own app, but they are not in that business.  You might as well worry about them developing their own advertising systems and shopping carts instead of integrating the best of breed.

Here's a killer product you might offer:

If they hold their "Amazon Coupon Tokens" they earn "interest" in the form of discounts at Amazon.  The 3% discount can be made to look like 3% interest.  So they can sell Amazon Discount Tokens that earn a "yield" and can be spent later!   The longer you hold them, the better your discount.

Instant Amazon savings account that pays more than your local bank!

No need to even mention that it's Powered by BitShares.  No need for Amazon customers to see the full exchange until later when they can follow a funnel into what else they can do with their Amazon Points.

Lots of opportunities for entrepreneurs to build on the BitShares platform in new and novel ways.

Stan, if I could upvote that post, I would. Plenty of people here are only beginning to understand that opportunity.

Well then, I hereby upvote (shamelessly bump) YOUR post!

[donkeypong]

Stan, if I could upvote that post, I would. Plenty of people here are only beginning to understand that opportunity.

[Stan]

Well, the assumption is that big companies are not in the business of developing their own wallets.  They may be responsive to an opportunity to monetize their existing user base with a turn-key product like our exchange-in-a-box.

So the deal you negotiate is (after studying their business model) some variation on this:

"Our company will provide a service you can link to from your web site that will gradually teach your customers about our features and return you a revenue stream."

That service is what signs up the customers and distributes the revenue stream to three parties according to some negotiated deal. 

X% goes to the Big Company as a new revenue stream they didn't have to pay for.
Y% goes to the developer of the drop in app for providing and integrating the software.
Z% goes to the referrer for negotiating the deal and providing the training to make happy quality users.

Sure, a Big Company could theoretically later come along and develop their own app, but they are not in that business.  You might as well worry about them developing their own advertising systems and shopping carts instead of integrating the best of breed.

Here's a killer product you might offer:

If they hold their "Amazon Coupon Tokens" they earn "interest" in the form of discounts at Amazon.  The 3% discount can be made to look like 3% interest.  So they can sell Amazon Discount Tokens that earn a "yield" and can be spent later!   The longer you hold them, the better your discount.

Instant Amazon savings account that pays more than your local bank!

No need to even mention that it's Powered by BitShares.  No need for Amazon customers to see the full exchange until later when they can follow a funnel into what else they can do with their Amazon Points.

Lots of opportunities for entrepreneurs to build on the BitShares platform in new and novel ways.

[fuzzy]

Has any one heard of Sovereign Man?  They have 100,000 subscribers...

Perhaps a qualified person from this community can reach out to this group? 

http://www.sovereignman.com/
admin@sovereignman.com

I am one of those subscribers. 

They specialize in techniques and tools for internationalizing your life.  BitShares would be an excellent tool in their locker, although it might take some cold-call skills that exceed my own abilities to make it happen.  I'll forward this to four guys you know who have such skills and see which one lands the 100,000 members referral fee first. 

Feel free to engage if you have special connections with Doug Casey's organization.

If we could make it really easy for him to do so...i think i could get jim willie to accept our crypto to subscribe to his newsletter.  If we get that done...it wont be nearly as difficult to get others in that demographic to join up.

Wouldn't it be in his self interest to get the referral credit, at least in theory?

Nope... because if i get them onboard, all they are going to do is buy the premium membership and id gain 80 dollars.

Then you're not selling them the right deal!  Don't teach them how to refer their customers, teach them how to host a Cryptonomex product like Exchange-in-a-Box and get a percentage of our deal.

You need to think bigger, Pinky! 

can you explain further Stan

 
If I approach any company and tell them about the backend bitshares offers, they will still want to create their own premium membership wallet, right?  And when they do that, they will then make it so their users have a wallet within the company's own ecosystem that is required to do business (i'm thinking of my amazon example). 

Regardless, the same probs I see with the single tier system is probably going to be there for a two (or more) tier system. If you refer a big company with a large user-base and they choose to screw you by not creating a wallet using your referral code...we are in the same place.

[Thom]

Sovereign Man / Simon Black is very tight with his email list..  He does not promote any affiliate offers.  He is however pro bitcoin and there is a slight chance.   Doug Casey is affirmatively anti crypto-currency.

Jeff Berwick of the Dollar Vigilante would be a pro cryptocurrency possibility as well.

I enthusiastically agree. He is very open to new ideas and is a strong advocate of libertarian principles AND crypto.

[bitmarket]

Has any one heard of Sovereign Man?  They have 100,000 subscribers...

Perhaps a qualified person from this community can reach out to this group? 

http://www.sovereignman.com/
admin@sovereignman.com

I am one of those subscribers. 

They specialize in techniques and tools for internationalizing your life.  BitShares would be an excellent tool in their locker, although it might take some cold-call skills that exceed my own abilities to make it happen.  I'll forward this to four guys you know who have such skills and see which one lands the 100,000 members referral fee first. 

Feel free to engage if you have special connections with Doug Casey's organization.

If we could make it really easy for him to do so...i think i could get jim willie to accept our crypto to subscribe to his newsletter.  If we get that done...it wont be nearly as difficult to get others in that demographic to join up.

Wouldn't it be in his self interest to get the referral credit, at least in theory?

Nope... because if i get them onboard, all they are going to do is buy the premium membership and id gain 80 dollars.

Then you're not selling them the right deal!  Don't teach them how to refer their customers, teach them how to host a Cryptonomex product like Exchange-in-a-Box and get a percentage of our deal.

You need to think bigger, Pinky! 

can you explain further Stan

[DMo09]

Has any one heard of Sovereign Man?  They have 100,000 subscribers...

Perhaps a qualified person from this community can reach out to this group? 

http://www.sovereignman.com/
admin@sovereignman.com

I am one of those subscribers. 

They specialize in techniques and tools for internationalizing your life.  BitShares would be an excellent tool in their locker, although it might take some cold-call skills that exceed my own abilities to make it happen.  I'll forward this to four guys you know who have such skills and see which one lands the 100,000 members referral fee first. 

Feel free to engage if you have special connections with Doug Casey's organization.

If we could make it really easy for him to do so...i think i could get jim willie to accept our crypto to subscribe to his newsletter.  If we get that done...it wont be nearly as difficult to get others in that demographic to join up.

Wouldn't it be in his self interest to get the referral credit, at least in theory?

Nope... because if i get them onboard, all they are going to do is buy the premium membership and id gain 80 dollars.

Then you're not selling them the right deal!  Don't teach them how to refer their customers, teach them how to host a Cryptonomex product like Exchange-in-a-Box and get a percentage of our deal.

You need to think bigger, Pinky! 

 

[godzirra]

Sovereign Man / Simon Black is very tight with his email list..  He does not promote any affiliate offers.  He is however pro bitcoin and there is a slight chance.   Doug Casey is affirmatively anti crypto-currency.

Jeff Berwick of the Dollar Vigilante would be a pro cryptocurrency possibility as well.

[Stan]

Has any one heard of Sovereign Man?  They have 100,000 subscribers...

Perhaps a qualified person from this community can reach out to this group? 

http://www.sovereignman.com/
admin@sovereignman.com

I am one of those subscribers. 

They specialize in techniques and tools for internationalizing your life.  BitShares would be an excellent tool in their locker, although it might take some cold-call skills that exceed my own abilities to make it happen.  I'll forward this to four guys you know who have such skills and see which one lands the 100,000 members referral fee first. 

Feel free to engage if you have special connections with Doug Casey's organization.

If we could make it really easy for him to do so...i think i could get jim willie to accept our crypto to subscribe to his newsletter.  If we get that done...it wont be nearly as difficult to get others in that demographic to join up.

Wouldn't it be in his self interest to get the referral credit, at least in theory?

Nope... because if i get them onboard, all they are going to do is buy the premium membership and id gain 80 dollars.

Then you're not selling them the right deal!  Don't teach them how to refer their customers, teach them how to host a Cryptonomex product like Exchange-in-a-Box and get a percentage of our deal.

You need to think bigger, Pinky! 

[fuzzy]

Has any one heard of Sovereign Man?  They have 100,000 subscribers...

Perhaps a qualified person from this community can reach out to this group? 

http://www.sovereignman.com/
admin@sovereignman.com

I am one of those subscribers. 

They specialize in techniques and tools for internationalizing your life.  BitShares would be an excellent tool in their locker, although it might take some cold-call skills that exceed my own abilities to make it happen.  I'll forward this to four guys you know who have such skills and see which one lands the 100,000 members referral fee first. 

Feel free to engage if you have special connections with Doug Casey's organization.

If we could make it really easy for him to do so...i think i could get jim willie to accept our crypto to subscribe to his newsletter.  If we get that done...it wont be nearly as difficult to get others in that demographic to join up.

Wouldn't it be in his self interest to get the referral credit, at least in theory?

Nope... because if i get them onboard, all they are going to do is buy the premium membership and id gain 80 dollars.