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  1. #1
    hyerstandard is offline Junior Member
    Join Date
    Jul 2008
    Location
    Chicago, IL
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    5

    Looking for some Advice Regarding My Current Situation

    First of all let me introduce myself since I am brand new and all.

    My name is Matt Elias and I am a 24 year old who is/was living in Chicago, IL, however am in the process of relocating due to work with a ongoing political campaign.

    That said let me describe the situation I currently find myself in. About 7 months ago I decided to launch a venture - I wanted to do a web-magazine/blog style publication that catered to the "Millennial" demographic.

    That is how HyerStandard dot com was born. While I focus mainly (in the name of full disclosure) politics and breaking news with a left of center slant, I also update multiple times daily breaking sports, entertainment, etc. stories that would be of interest to the group I am targeting.

    My site is doing alright, I have reached a Page Ranking of 5, and a decent Alexa rating (341,324), with my daily traffic increasing steadily. I have also taken the steps and successfully LLC'd HyerStandard in the state of Michigan, so it is as legit as it possibly could be at this juncture.

    However I have reached a point where I can no longer put in the full time effort of writing, maintaining, networking, advertising, etc. this is due to my new job which will conclude in November.

    Basically I am inquiring about any ideas, solutions for me in terms of selling a portion of the site, selling the site altogether (something I really do not want to do), or bringing on partners who could take over the basic Search Engine Optimization management, and advertising, which with the lifted strain would allow me to still write full time.

    Should I try to find investors to hire people? Or not? I am totally clueless as to what I should do - all I know is that I have to make a decision fast because I start on Tuesday.

    Please feel free to PM me with any questions, suggestions, feedback - All will be so appreciated, seeing as though the clock is ticking and I am still standing still in regards to my sites future.

    Thanks,
    Matt

  2. #2
    Aletheides's Avatar
    Aletheides is offline YE Veteran
    Join Date
    Nov 2003
    Location
    California and Mexico
    Posts
    1,656
    Matt - don't sell.

    Hire and delegate.

    What kind of tasks in particular do you need done?
    If you want to be rich, sell products and services.
    If you want to be insanely rich, create and control markets.
    I must create a system or be enslaved by another mans; I will not reason and compare: my business is to create.
    Read The Richest Man in Babylon - first published in 1926, timeless wealth-building principles.

  3. #3
    hyerstandard is offline Junior Member
    Join Date
    Jul 2008
    Location
    Chicago, IL
    Posts
    5
    Ideally I would like to almost bring on a partner of some sort, however that is unlikely to happen.

    I guess what would like is for someone to come aboard, ya know as a partner, and then take over the advertising aspect of things, as well as your basic SEO expansion of the site. Pretty much everything besides the writing (which they would be able to do if they wanted, no prob). With my job starting I don't have time to do it all, however I will still be able to come up with 8-12 entries a day,

    So I would hire, but I don't have the money to do so ya know. So the partnership would be ideal for a number of reasons - it would bring new expertise to the site, free me up to complete my new job as well as writing for the site, and financially revive me somewhat (I am not thinking big numbers, hell I would sell 40% of the site off for a more then reasonable price. As well as split everything from here on out 50/50)

    But like I said, I have about 48 hours to figure this out, and I am beginning to panic because I don't see any resolution in the near future. So ya.

    Do you have any suggestions for me?

    !Matt

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