I said the same about my Dad.
When you've been there, done it and have the scars to prove it you speak with hindsight.
I said 10 years ago that putting up cheap sites and spending as much as possible on traffic was bad a long term business plan. I was told my brand of teen porn wasn't what they wanted. Was told that I was clueless and the surfers wanted cheap porn and traffic was king.
Now we have sites like Brazzers, Twistys, Only Tease and tons and tons of teen sites that look exactly like we shot. Ex GF sites can only pay crap for content. Well it's crap to my thinking.
Traffic isn't king, getting 1-5,000 to buy something is king. If you need 5,000 porn surfers, not clicks on a banner, to get a sign up the product is wrong.
Even the best sites and affiliates ratios are lucky to convert at 99.5%. That's 499 people saying no thank you.
And a lot of those who told me I wouldn't last. Didn't last and are long gone.