Quote:
Originally Posted by AnneT
I see so many scared webmasters these days. Be bold, don't be scared of not making money. Just be excited about the possibility of making money!
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And it is been that way for as long as I have seen. When I was somewhat new to the industry we (freesite webmasters at the time) were scared to death of COPA. i've seen so many fears after that you just get numb to it.
I can think of half a dozen huge fears that have come and gone off the top of my head.
What we've seen so far is a normal business cycle. This was an awesome business with incredible business margins. Competition has shrunk the margins and they should continue to shrink on average. Some large well-known programs have been harmed by these shrinking margins over the years. Maybe the cycle has been faster than for some "new" industries because of the low barrier to entry and the existence of a free site model as a competitor. Hell, McDonald's doesn't have to compete against someone giving out free burgers, fries and milk shakes right down the road.
I like what you said. "Be bold".