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	<title>Our Startup Story &#187; Income</title>
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	<description>Tracking the journey of some startups</description>
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		<title>A Bird in the Hand&#8230;</title>
		<link>http://www.ourstartupstory.com/a-bird-in-the-hand/</link>
		<comments>http://www.ourstartupstory.com/a-bird-in-the-hand/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 14:47:50 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[360|Conferences]]></category>
		<category><![CDATA[John Wilker]]></category>
		<category><![CDATA[Profitability]]></category>
		<category><![CDATA[Running Your Business]]></category>
		<category><![CDATA[ideas]]></category>
		<category><![CDATA[Income]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://www.ourstartupstory.com/?p=340</guid>
		<description><![CDATA[Tom and I had an interesting discussion the other night. In looking at past sales Tom noted that offering a Team price, resulted in about $10,000 more in profit at the end of the day (the last day of the event, for the sake of discussion), vs. our current model of offering 100 tickets at [...]]]></description>
			<content:encoded><![CDATA[<p>Tom and I had an interesting discussion the other night.</p>
<p>In looking at past sales Tom noted that offering a Team price, resulted in about $10,000 more in profit at the end of the day (the last day of the event, for the sake of discussion), vs. our current model of offering 100 tickets at a reduced price, typically $100-$200 off the regular price.</p>
<p>It was interesting because while $10,000 is certainly nothing to scoff at, at this point in the business, early sales are more important. While I hate the concept of early bird ticketing to inflate early numbers, I do like offering those who want to save some money, the opportunity, AND I like having some early money to pay the bills</p>
<p>So is $10,000 down the road, worth no sales, and no income in the short term? Currently, my answer is no. In the longterm, I think the answer is different, obviously I want to do right by my customers, and make money, so I&#8217;m not sure it&#8217;s &#8216;either or&#8217;, but I do think things with change down the road.</p>
<p>You?</p>
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