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I am currently running an experiment that I might decide in future to develop into a full scale system that other content creators in SL can benefit from. About half a year ago I started selling my virtual products on credit. At 1st I was setting credits manually in database for each customer upon their initial pre-payment of 30% and it was lots of unneccesary work. But recently I programmed what I call a credit vendor and now when customers pay 30% of full price of the product the remaining 70% is set as debt automatically. These remaining 70% then they pay off with 50% of their earnings
As I had some graphics designed for me by a friend today it suddenly occurred to me, the long forgotten idea of a franchise as a viable business model in Second Life. What is a franchise? Think about McDonalds. Disclaimer: I don't like fast food, unhealthy food or promotion of unhealthy life or habits on overall. I am mentioning McDonalds because its a symbol of a success of a franchise as a business model. There are many franchise chain restaurants who promote more healthy lifestyle and service more healthy food. It is a very successful business model that I learned abou
I am interested to meet people with various knowledge & experience from the business world with interest of setting up a startup school / incubator in Second Life. It would be a place in SL where people with ideas & various skills, knowledge & experience meet, learn together & network. Its aim will be to help scale up or increase sales for existing SL creators & help them reach next level of growth. I have long had an idea of creating such place in a virtual world SL. I am inspired by a story of how Silicon Walley came to be as a result of Frederick Terman, t
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