Assume you are a recipient of a proprietary grant from the king in 170

Assume you are a recipient of a proprietary grant from the king in 1700 and are familiar with the history of the English colonies founded earlier in the century.

What will you do to make your colony economically successful? How will you attract settlers?

ANSWER
Consider: generous land grants (headrights); indentured servitude with freedom bonds, allow a measure of religious tolerance and political representation (locally elected assembly)