Comments on: Ed Dale’s Plan To Take Over Niche Marketing

By: Anna Johnson

Anna Johnson — Tue, 31 Mar 2009 09:28:33 +0000

Hi Brad,

Ed’s business model makes sense and the move is both inspired and inspiring. ‘Ed Hathaway’ stock – love it

By: Anna Johnson

Anna Johnson — Tue, 31 Mar 2009 09:26:10 +0000

Hi Ed,

Thanks for dropping by and clarifying those points! What an exciting ride for 30DC and the companies you acquire. Many of us will be watching and taking notes, for sure.

Anna

By: Brad West

Brad West — Mon, 30 Mar 2009 23:15:48 +0000

I can see where after the purchasing of a substantial amount of niche real estate it would make the niche market competition fierce to say the least. Ed has the resources and reach that many of us have not acquired. Ed also has the resources to maintain websites on a crazy huge level. When ever I think about it it makes me put forth more effort and the desire to make our product a success.

It’s been 7 years working everyday I’m not giving up even if we have to do it all on our own. I think if I own some stock and get our system main stream, we can sell off our site and have stock in the company that opwns it.

I think everyone should entertain the thought of owning Ed Hathaway stock.

Brad West ~ onomoney

By: Ed Dale

Ed Dale — Mon, 30 Mar 2009 22:50:40 +0000

Really apreciate you taking the time to cover the listing process.

I just wanted to clarify 2 points that you made.

It’s very true, that in the “good old days” Frank and I were very much poster children for the “GO WIDE” approach to creating niche web sites.

With the advent of social media and the direction Google PPC – for the past two years I have really been pushing the “GO DEEP” model. Sure – did your toe in a few niches – but once you have one that bites, exploit it and really dominate that niche.

At 30dc inc we have no intention of competing with anyone in a new niche. We want to buy sites were the owner has successfully “GONE DEEP” and is making well over $10,000 dollars a month in profits.

This is a win,win – we provide a fantastic exit strategy for successful Internet Marketers and we instantly grow 30DC inc’s bottom line. Then as you rightly point out, we can renovate the site and also bring our growing audience to the market.

Which brings me to the second point – Why a listing and not the VC route.

There is no question we could raise a lot of private money (even in this market) but every site that we buy would use a dollar of that investors bank. There is no leverage (The good kind – not the naughty wall street kind)

We are a big enough company now to merit a NASDAQ listing (to be sure- on the small side turnover wise – on the profit side we will compete exceedingly well!)

By having stock to aid in acquisition – we do not have to touch our precious cash. We can buy a company at a much lower multiple than our multiple on NASDAQ (still giving the owner of the site WAY MORE than they could get on the open market for cash)

Hope that clears things up a little – thanks for allowing me to clarify those things