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Definitely a kiss of death if going from PPS to revshare. Even if one does have the financial backing to launch from the start with a PPS model, it is always best to start from the revshare model if you are new to having a program. Learn and adjust your sites accordingly until you truly have numbers that make sense and you know you can pay on a per signup basis. There is no guarantee just because you launch a new site, that it will work. I'll bet for every good site within a PPS program, they also have a poor site that breaks even or even loses money.
For now, we leave the PPS programs to guys like Bradshaw, Marc De and the list goes on because they are established and are seasoned with this type of model. With that said, we are just around the corner from offering PPS on our sites and a handful of new sites but it hasn't been something that has happened overnight.
Metaform, I'm sure you are a good guy but just by the way your posts are written, I get the impression that you are way over your head. Take baby steps and grow from there. You will be thankful you did 1-2 years from now.
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We are what we repeatedly do.-Aristotle
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