John Doherty
๐ค SpeakerAppearances Over Time
Podcast Appearances
He closed him as a client and I went and bought a domain name and threw up a crappy WordPress site on some shared hosting I had.
That's the beginning story.
I mean, I've been through a lot of other business models since then.
When I went full time on it two and a half years ago, I was on the model of when they closed work, then we would get paid a commission.
Of course, at that point, I'm taking on all the risk.
So then I moved to a straight retainer model.
So I actually didn't start doing monthly recurring charges until we had a good volume of leads coming through the platform.
So we don't actually they don't actually pay the agencies through our platform at this point.
So we make the connection.
We're a middleman and that we're making the connection between the client and the agency.
The client signs the contract directly with the agency and then we treat the agency as our customer.
And so we catch up with them every month.
You know, are you still working with these five clients?
Did these three closed?
OK, and so your commission is to that you owe to Credo is why?
Well, I hate saying this, but like, why would they tell you?
Because if they don't tell me, then I stop sending them over $10,000 a month of potential work.
Totally.
So, I mean, right now it's an honor-based system.
I mean, we're not working with a thousand different agencies sending them work, right?