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Dare It Now People do crazy things for money… Logan Rodzen.

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Presentation on theme: "Dare It Now People do crazy things for money… Logan Rodzen."— Presentation transcript:

1 Dare It Now People do crazy things for money… Logan Rodzen

2 The Idea Earn cash for completing dares – Dares are given levels 1 – 30 – The level determines who can attempt what dare – Each level has a price range (ex. Level 1 | $1 - $5) – Users can obtain different “Dare” Subscriptions These subscriptions ‘unlock’ features for users

3 Basic Financial Breakdown DepartmentExpenseDescription Technology$ 15,000Software, web design, hardware, ISP, hosting. Dare Expenses $ 10,000Money paid to users Other Expenses$ 5,000Misc. expenses Total Expense$ 30,000Total start-up cost of Dare It Now

4 Subscription Accounts Subscription TypePrice / monthlyFeatures Gold Dare User$ 27.99Unlimited Dares Any Level Premium Dare User$ 16.9920 Dares Levels 1 - 20 Bronze Dare User$ 9.9910 Dares Levels 1 - 10 FREE Dare User$ 0.002 Dares Levels 1 - 2

5 Revenue Generated via subscription users Companies advertising on Dare It Now Cross-affiliations with web sites that have similar user interests Friendly Donations Corporate Donations

6 Why it would work This generation is driven by technology Most teenagers and young adults spend hours on the Internet Social networking sites (ex: MySpace, Facebook) have already shown users will participate in different online activity People upload crazy videos to YouTube every day for free – If people knew they could get paid for doing what they do already - everyone would want to be a part of Dare It Now


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