Quote: (01-13-2013 10:56 PM)trainwreck Wrote:
You know the ship that always sinks? Yep, it's the partnerSHIP.
I'd be very careful in venturing with anyone online. What's keeping that person from taking your ideas and just transfer it over to a business where he won't have to give you 33% of it? Yep, nothing.
That's a sound insight, and that's what's kept me being very Chinese in my approach to business so far.
However one of my ventures has a very large financial and technological barrier to entry, and my plan is to risk that this will be disincentive enough for upstarts.
Also, note the popularity of affiliate marketing. What's to stop affiliates from becoming producers? Basically, it's the barriers to entry.