Electricians Forums is not-for-profit and we are allowing subscribers and high esteemed members to have a 48% of the share of forum profits available.

Okay been thinking about this for ages. TEF are really trying to make their forum make profit for the 8 owners lol. Won't ever work. They don't get enough traffic even now they've gone over the line using a domain so close to ours it still won't work.

So, thought I'd do something they won't ever be able to do now.

I'm going to allow my business to take 52% share of profits. And 48% are them up for grabs.

People who are highly esteemed badge wearers, "broke internet" badge wearers will have a share allocated to them collectively. I'll need to work out the percentages.

And then a share of the 48% can be purchased if you want buy subscribing. The rates have gone up.

I will post quarterly earnings to those who sign an NDA and have access to a forum. You forgo your shares if you disclose any information anywhere else about this. This is my earnings being aired so please don't do that.

Forums should be made for forum members.

I will take a small fair wage. And there are costs involved (I won't list them just a total else I give to much IP information away and I'm not going to do that.)

But the company with more investors who are contributors hopefully them ramp up their advice as they are getting paid to post.

You will need to subscribe lifetime to get the lions share of profits. The price has gone up to much more than TEF as we are worth a lot lot more.

Work out their lifetime cost per posts they have and then do that with ours we are still cheaper.

Thoughts please people? I'm doing this with www.diytalk.net and www.contractortalk.net and www.tilersforums.com and www.plumberstalk.net too.

So you can help and invest in other forums too where their lifetime subscriptions will be a lot less as two are new. Tilers has as much content as here. Plumbers is less than tilers as plumbers has the least content.

Been thinking if doing this for ages and now think it's time.

 

[littlespark]

Wait. What?

You’ll pay us to talk drivel on here? Where do I sign up?


(All in jest, mon capitan)

 

[Dan]

https://www.electriciansforums.net/account/upgrades

Lifetime subscribers or "Broke the Internet" badge (smaller share for this but it is free to get).

Lifetime sub is now: £750. Well worth it.

https://www.electriciansforums.net/account/upgrades

It's an investment, people will need to ramp up input and help us grow profits by doing so. So not quick return but I'll show all my costs and turnover every quarter and you should all see your share of profits pay you back within a couple of years and make money from then on for life.

I needed to differentiate us from other forums. No forum does this. As first once again in the industry. Which is massive still and was the first industry using the Internet. Forums were first to use the first Stamford uni forums. Then medical ones. Then the boom.

 

[Dan]

Sent a mass email about it. Will change the prices of lifetime subscriptions on the other forums and work out the full terms and conditions needed and things before I get those forums on the same scheme and setup. So will aim for after Q1 2025 to give us time work out any kinks in the chain.

But I think this could be really good for a lot of members. And even former members are welcome to join in and get a piece of the internet that they probably did once contribute to a lot. So its only fair they get a share too.

Would really need to ramp up contrbiutions though. I can see a lot of members holding back for one reason or another. Often the ads system annoying them. But it's just the way the cookie crumbles. Google are changing the Cookie Consent again one 1st December 2024 so they're STILL working on it and haven't got it right. So we can't quite go back to just 5 ads per page just yet but I hope to god it isn't long before we are able to.

The forum turns over 12k a month for 6 months in the winter for 12 years in a row except 2023/2024 winter where google screwed things up.

Best annual turnover was 260k in about 2016. Just 3 forums that was.

Been offered to be bought out for 3.4m but said well it'll take me 10 years build it up to that point again so even selling it for that doesn't mean I'll earn any more for the next 10 years. So told them sod off.

The costs are high.

We dont pay a penny to advertise but I do spend a lot on side-blogs.

So food for thought.

The £750 rate will be £1500 before the end of Q1 2025.