Quote:
Originally Posted by MisterPeabody
Extraordinary post. How much would you charge to do an analysis for one company? 
The numbers revealed in this post are staggering - more than a 60% drop in revenue....of course, having said THAT...1/2 million a year a few years ago for a solo model site is AMAZING income, even then even now.
So I sure as fuck hope those websites making that kind of bank way back then (5+ years ago) saved their money, invested it, played it smart....oh wait, coke and whores and parties and Harleys. Never mind. |
LOL!
Well some of them did blow the money on "toys" but in most cases they reinvested in what was working at the time. That proved to be a mistake.
So the typical scenario is that these owners
a. have mortgages that were
previously easy to afford
b. have car loans that were
previously easy to afford
c. have lifestyles that were
previously easy to afford
Only one of those who attended has consistently lived below her means and has saved. The rest lived at their means.
This was not an extravagant bunch. But those who lived at their means are struggling.