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immamac

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Posts posted by immamac

  1. 23 minutes ago, BurntOrange&White said:

    @RGBIIIjust saw your thread…..and a comment you made to someone.  So for this….someone can’t come in and just drop $20k and call it a day? They have to order 33.33 of the $600 1 year subs? 

    You would need to buy 33 and then you could buy 3 of the regular ones too if you felt like. 

    You would need to invite 32 friends to dinner though. lol

  2. 10 minutes ago, Brew said:

    PayPal has to issue 1099’s on activity as well as check identification numbers and names with the IRS database on business entities. If it doesn’t meet their verification process, it’s easier to kill it than investigate it. They also had too many people using the friends and family function and not paying fees as well as running fantasy and gambling activities not considered legal by certain entities to deal with all of the issues individually.

    You had a fake business set up to convert gift cards to cash using an invoicing system, that was never going to last.

    fun fact, no they don't. They do 1099-K for payments received though. 

    PayPal has 0 problems with Surly, weird how if you follow the laws they don't care. 

    • Hook 'Em 1
  3. 19 minutes ago, ClubWhatever said:

    This is an interesting application of NiL.  All TEs get paid and, if the program continues in perpetuity, they are paid regardless of their specific name, image, or likeliness.  You can have no face and be named Shit Fuck or Joe Blow and be getting the money as long as you have TE by your name on roster, sign the forms, and go to the events.  Then you graduate and are replaced by the next unknown TE.  It seems like one step up from Big Red Motors.  And yes I know many other schools have position groups getting similar deals. 

    DM Sent

  4.  

    5 minutes ago, SydneyCarton said:

    As a web marketing guy, you need a clearer call to action, my man. Looks good, but give it "Join Now" or "Contribute Now" button. Clicking on images and getting a blown up image isn't intuitive when you're trying to capture momentum in the shopping process. 

    Looks good though.

    go incognito. On the right side there is a signup widget that talks about signing up that is only visible to lurkers/guests though.

    • Hook 'Em 1
  5. 7 minutes ago, Wulaw Horn said:

    Looks like the goal is to get everyone $1,000 a month.  That's arbitrary in the same way that all round numbers are, I suppose, but that's everything in life.  


    Ha- I was going off what I thought I saw here. That's $15,500 a year or 1292 a month- you are right- that is random.  I think though the goal was to add the camp at about 4500 a player so $20k a year I guess?

     

    6 minutes ago, RGBIII said:

    It is arbitrary and I was very drunk. Seems like a good number as a baseline, I expect we will grow well past it

    Started arbitrary, needed to turn into a guaranteed minimum I was comfortable funding personally. 70k (10k each) seemed right when I looked at it. 

    • Hook 'Em 3
  6. 27 minutes ago, RabidM said:

    What constitutes value though?  Look at the artwork deal for that Oregon defensive player.  Hypothetically, if we had a whale on the hook, couldn't just concoct something of nebulous value and charge whatever we want for it? 

    This isn't an NFT - this is a subscription that gives access to certain content and privileges. 

    The players are creating said content and are brand ambassadors. It all has to make sense for the IRS, the NCAA, the University and the players. 

  7. 1 hour ago, RabidM said:

    We need a whale option too. If someone wants to drop 1k a month, that should be an option.  There should be no upper limit at all.  Let the whale choose how much he wants to drop. There shouldn't be a $50 cap.  Think big. Recruit big. Pitch to the big fish alums we know as an easy way, zero effort way to help. 

    You can buy as many 50/mo or 600/yr subscriptions as you want, there is no limit and duplicates are allowed.

    We have to tie the subscriptions to entitlements to stay above board, it can't just be a funnel for any money to come in and go out to players. Each individual needs to receive some value from their subscription, in the case of the 50/mo or 600/yr it's a seat at dinner. The more 50/mo subs you have the more seats at dinner you have to invite friends etc.

    The 25/mo comes with a sticker and a cup, like actually you can't refuse delivery of those things

    the 10/mo comes with access to the perks and exclusive content like the AMA.

    The whole reason that we got through compliance is that this is completely legitimate and there isn't the capability to just "donate" to the players. The players are on the hook for content and the subscribers get value outside of just giving money to players. 

    • Hook 'Em 4
  8. 1 hour ago, SydneyCarton said:

    Blast emails to all users is a good idea. Some guys aren't prolific posters or on all the boards who might be interested in supporting the players. I'd recommend building a specific landing page that you can link out in the emails with a quick summary, and moving right to payment options.

    I'd also considering offering to alter the Tree Fiddy memberships to allow for a percentage to go to this as well. That's a new category to add to the financial model, but it might be more palatable to some folks. Although Ideally, I'd be curious to view a breakdown of Tree Fiddy members who aren't also Burnt End members. 

    That is the primary revenue for keeping the lights on. There aren't enough treefiddy subs to justify taking a portion and from an income perspective it would become extremely difficult to decouple. 

    treefiddy pays for everything, ad revenue from lurkers fund all the tailgates, happy hours and whatnot. 

    • Hook 'Em 1
  9. I may take off paypal card direct and just have stripe and external paypal for payment options to limit confusion. 

    Stripe processes immediately, paypal external is a great option because people can use their checking account, cc, debit card, paypal credit and a bunch of other options. 

    @SydneyCarton good idea - I'll set up a landing page now.

    burntends.surlyhorns.com is already alias to the burntends homepage, but not the store. I'll alias the landing page above to all 3 of the URL's that @BurntOrange&White referenced above.

    I had emails on pepipost/netcore, but there are tons of bounces and a lot of ISP's block them. It's significantly cheaper than mailchimp or sendgrid but the delivery rate is much lower, which I didn't give a shit about because it was mostly notification shit. Now that it's important emails I am going to switch back to sendgrid, but it's like 3x the cost.  I'm going to go ahead and unsubscribe everyone from emails that is in the Full Members or Legacy members groups - that will cut down on quite a bit of email.

    If you want to continue receiving emails and you are in one of those groups you will need to enable them again in your notification settings. 

    • Hook 'Em 2
  10. 6 hours ago, immamac said:

    We are now at 

    78/150 for 10/mo or 120/yr

    33/150 for 25/mo or 300/yr

    19/50 for 50/mo or 600/yr

    for those bad at math that is ~ 2555/mo we need about 6k/mo to make this sustainable for the long term. We are almost halfway there!

    Finished the day at:

    86/150 for 10/mo or 120/yr

    43/150 for 25/mo or 300/yr

    27/50 for 50/mo or 600/yr

    3285/mo - we are officially more than halfway there. 

    • Hook 'Em 6
  11. 3 minutes ago, Wulaw Horn said:

    Any word on if we are doing the camp?  We should definitely do the camp.  What was the projection on that- something like $25,000 for an overnight or weekend? I think we can definitely make that work. I think between me and @Hagbard Celine we've got you half way there in commitments.  Does that need a separate compliance after the season or can we slip it all through on prior relationship?  Because with that camp if you hit the other marks that gets them to damn near $20,000 a year.  That's not bad at all. If you cut the walk ons out it would be $20k for the scholarship guys.  

    Also- when does Cade Brewer's deal end?  Is it month to month and done with the football season?  Not singling him out personally, same deal happens for every senior.  Done at last game?  Survive till graduation?  I assume also anyone who portals out the other guys just get his monthly share, right?

    This is pretty cool yall. Congrats on making this happen.  Thankful to be able to be a part of this community.

    Seniors need to accelerate their AMA and podcast appearance, but they are due a lump sum 1 week prior to the bowl game (which that night at 11:59PM their eligibility ends). Dinner is planned in the dead period between the end of the season and the bowl game. 

    We are effectively matching their university stipend, there is nothing like this going on in the whole country and this will put TEXAS on the map for NIL activity. 

    • Hook 'Em 7
  12. 3 minutes ago, Bevo in VA said:

    Have you guys reached out to main steam media? This is the first instance I've seen where someone has crowdsourced a funding source. You might want to shoot the statesman or espn something showing the plan and compliance office sign off. I would think they would be interested in running something on this.

    Just wait till signing bonus day - we have something BIG planned. 

    • Hook 'Em 7
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