Subject:
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Re: May-June 2000 Mania Magazine
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Newsgroups:
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lugnet.admin.general
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Date:
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Tue, 16 May 2000 00:41:10 GMT
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Viewed:
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645 times
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In lugnet.admin.general, Larry Pieniazek writes:
> In lugnet.admin.general, Todd Lehman writes:
> > To date, the total membership
> > payments and all other donations (including Brad's) account for somewhere
> > between 7% to 9% of what it has cost (in time, resources, and labor) to get
> > LUGNET to this point so far.
>
> That you know it's between 7 and 9% implies that you are using a labor rate
> for your time... would you be willing to share what that nominal rate is?
Instead of "somewhere between 7% to 9%" I should have said "between somewhere
around 7% to 9%". It's an educated guess -- to know a "real" figure would
require going back in time and taking a different path to get actual numbers.
It's definitely not more than 10% and probably not less than 5%. The point
being that the vast majority of funding has been out-of-pocket or other
personal means (auctions 1997-present, part-time contract/freelance work in
1998, etc.).
> (Just an idle curiousity question. I suspect that to many of us, the
> intrinsic WORTH is of your work is 500+/hour, but that when all is said and
> done and LUGNET is a way for you to make your living, when you tote it all
> up, you're going to end up not quite having made minimum wage ... but having
> had fun, which is the Main Thing)
We seriously need to explore other means of funding soon -- perhaps a small-
business loan or somesuch. It's getting a bit big to keep doing part-time
and we need perhaps to hire a third person part- or full-time, etc., and get
some not-in-the-livingroom real office space.
--Todd
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Message has 2 Replies:
 | | Re: May-June 2000 Mania Magazine
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| (...) Nice dodge. :-) I agree, you probably do need more funding/people, but truly an awesome duck of the question without actually saying you were ducking. :-) I'd say add more valueadded features then reconsider the fee structure, or get the (...) (25 years ago, 16-May-00, to lugnet.admin.general)
| | | funding
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| (...) How about setting up a system where members can offer parts/sets for sale (fixed price) and you get a cut of the transaction, and a listing fee, just like Ebay? Parts trading would be big now if there was a central, partsref-enabled trading (...) (25 years ago, 16-May-00, to lugnet.admin.general)
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Message is in Reply To:
| | Re: May-June 2000 Mania Magazine
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| (...) That you know it's between 7 and 9% implies that you are using a labor rate for your time... would you be willing to share what that nominal rate is? (Just an idle curiousity question. I suspect that to many of us, the intrinsic WORTH is of (...) (25 years ago, 16-May-00, to lugnet.admin.general)
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