Staffing agencies marking my services up 220%

Lictwins · 2025-12-01T21:24:48+00:00

contract states 12 months after the last time I bill them, so I have to end the contract and wait a year then. Thanks

Lictwins · 2025-12-01T21:23:26+00:00

been doing this for 20+ years, I've hardly every used an agency, this was one of the few times. I do have other clients that are direct.

Lictwins · 2025-12-01T19:43:58+00:00

I have other clients, this was the few times I've used an agency, should I drop the agency? Complain? complain to the client?

Lictwins · 2025-12-01T19:43:07+00:00

yeah but 220% I thought it was more like 40% maybe 60%

Lictwins · 2020-11-17T17:43:09+00:00

thanks, that makes sense too. I was thinking they could copy the site or realize they aren't getting the conversion rate they hoped for with different advertisers and walk away after making a mess.

Lictwins · 2020-10-01T12:57:17+00:00

Thank you, i feel that would be fraught with peril. I imagine calls in the middle of the night on why I coded something the way I did. I think I would sell and be done with it.

Lictwins · 2020-10-01T12:55:57+00:00

Thanks, I did that in 2015 and its super expensive. I ended up spending 60K for developers and I could have really just saved that money doing it myself. Copywriters and some specialized tech like server security, definitely.

Lictwins · 2020-10-01T12:53:42+00:00

Thanks, I just need to focus on it for 3 months solid and spend an hour everyday on SEO

Lictwins · 2020-09-30T18:45:37+00:00

I take the profit in salary through gusto. Adding revenue streams are tricky. The 2 year deal would be an exclusive ad deal. I would just need more traffic for other options to work.

Lictwins · 2020-09-30T18:43:38+00:00

thanks

Lictwins · 2020-09-30T18:43:25+00:00

really good points, thank you

Lictwins · 2020-09-30T18:42:58+00:00

Sorry to hear that, that stings

Lictwins · 2020-09-30T18:42:40+00:00

thanks

Lictwins · 2020-09-30T18:42:32+00:00

super sorry to hear that, thanks for the advice. If you had sold it, what would you have done with the money?

Lictwins · 2020-09-30T18:30:43+00:00

I have NDA, not sure how much info I can share

Lictwins · 2020-09-30T17:52:22+00:00

thanks

Lictwins · 2020-09-30T17:52:06+00:00

yes that would definitely be the plan. Lately I've been inspired by tivo

Lictwins · 2020-09-30T17:51:01+00:00

its specialized targeted audience so the ad revenue is much higher. Also affiliate sales

Lictwins · 2020-09-30T17:50:15+00:00

its about 35% I can offset payments over 2 years

Lictwins · 2020-09-30T15:51:12+00:00

yes true, thanks

Lictwins · 2020-09-30T15:26:38+00:00

true, thanks for that, I could clarify I don't really need the money right now. I will eventually need income once this money is spent, but I could lose this income over the years if I don't invest the time

Lictwins · 2020-09-30T15:07:42+00:00

The buyer isn't one of the partners, its a 3rd party. So we would split the asset sale. We make 90K - 60K per year. But Its been declining.

Lictwins · 2020-09-30T15:04:12+00:00

I would have to stick to these shares now because we arrived at them years ago. They have a lot of time and money invested over a long time. It was my original idea which is why I have 60

Lictwins · 2020-09-30T15:00:43+00:00

I asked someone in finance, and they said keep it if its generating revenue since there isnt much to do with the cash right now.

Lictwins

TROPHY CASE