Quote:
Originally Posted by Outoftime44444
JNandez- says he needed more money for his team to take the Lab to the next level, because poker develops, and Doug refused to offer it. Solvers needs help. Loves his team so much he had to leave. Felt like making videos is going backwards, and even though it is what agreed on, wants his own site. Coaching and feedback from people is meaningful to him. Woe is JNandez because he was kicked out of the FB group after quitting. Admits that he originally got into videos, twitch, etc to create his own brand.
https://www.youtube.com/watch?v=jn4d66I2JjY&t=504s
v.
Doug- says JNandez had no intentions to stay, did not negotiate staying in good faith and wanted too much money, rode Doug's publicity to gain fame and a following before breaking off before the contract expired, and tried to take the followers with him. JNandez only has to split pay back the refunds, but gets to keep the money for anyone that stays.
This should make it obvious that this is the wrong model for a coaching business.
Upswing/Nandez:
1a) educates a mass audience for relatively low price, making games much tougher
2b) doesn't share in upside at all for students who become good mid/high stakes regs
Nandez specifically:
1b) has a massive incentive to get out from under Upswing, so he can get ~100% of the revenue he generates working on his own, but model allows coach to coast off of Doug's/Upswing's brand to get his first N subscribers (these are the most important ones)
2b) needs to be handsomely compensated because he makes his own games harder, which is hard when Upswing has to make money/take a cut
3b) generally sub-coach is getting an unfair deal since brand owners get some of the revenue generated by him for doing nothing -- eventually gets sour, realizes he is better off on his own, leaves. Cycle repeats.
As for Upswing:
1c) incredibly hard to retain contracted talent because of point 1b above which leads to high turnover for coaches
2c) can't pay someone who is actually really good unless that person is just a massive idiot who accepts way less than he/she is worth
Better model -- coaching small number of people for profit share.
Cliffs: This is/was inevitable.
Last edited by Two SHAE; 01-09-2018 at 03:07 AM.