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	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Sat, 21 Nov 2009 21:40:57 +0000</pubDate>
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		<title>Always Be Selling</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/10/10/always-be-selling/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/10/10/always-be-selling/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 14:49:15 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Internet &#038; Web]]></category>

		<category><![CDATA[Startups]]></category>

		<category><![CDATA[Stat of the Day]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[WatchMojo.com]]></category>

		<category><![CDATA[Entrepreneurship]]></category>
<category>Entrepreneurship</category><category>Internet &amp;#038; Web</category><category>Management</category><category>Startups</category><category>Stat of the Day</category><category>WatchMojo.com</category>
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		<description><![CDATA[I agree with John Furrier 100%: look for people who can sell, and better yet, be a salesperson yourself.
In January 2006: we launched WatchMojo.com and spent much of that year creating content, building distribution; so sales were a bit moot.
Then in May of that year, my old colleagues and employer sued me, so I got [...]]]></description>
			<content:encoded><![CDATA[<p>I agree with <a href="http://furrier.org/2008/10/10/startup-advice-sell-sell-sell-hire-people-who-can-sell/" target="_blank">John Furrier 100%</a>: look for people who can sell, and better yet, be a salesperson yourself.</p>
<p>In January 2006: we launched WatchMojo.com and spent much of that year creating content, building distribution; so sales were a bit moot.</p>
<p>Then in May of that year, my old colleagues and employer sued me, so I got busy with that.  Once the lawsuit was settled (I won), I began to look for financing.  Call it the &#8220;Roadshow to Nowhere&#8221;.  Having financed the company myself from January 2006, by December 2007, I was pretty much broke even though we were generating six-digits worth of revenue.  Broke?  Really?  To quote Seinfeld: not really.</p>
<p>But our costs were higher than our revenues, so that path was not sustainable.</p>
<p>But the point was: I saw the light.  If I continued to play the VC game, I would eventually go broke.  So I gave financiers the cold shoulder (after they gave me the one finger salute, mind you) and look to sell, sell, sell.</p>
<p>That was my strength: I had sold $10M of ads during the worst advertising climate since the Great Depression (2001-2005) so that was what I decided to focus on.</p>
<p>In 2008&#8217;s first nine months, we generated more revenue than we did throughout all of 2007.  And we&#8217;ve already booked more revenue for 2009 than we will generate throughout 2008.</p>
<p>Regardless of boom or bust times, you should always think of sales&#8230; investors&#8217; mood are fickle, but cash flow isn&#8217;t.</p>
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