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Originally Posted by PBucksJohn
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Yeah, it sucks. I've only made several hundred thousand dollars from iBill so far. That's how I can afford to pay the 60+ models on my site $70,000+ per year and still be extremely profitable.
To be sure, I was not happy with iBill's performance over the past year (I went about six months without payment from iBill). However, I was one of the fortunate ones because I am diversified and also operate web sites not under iBill. Oh yes, and I own and operate a mainstream business that makes more than all of my adult business combined (although I expect that to change over the next year).
I could have written off iBill, but I hung in there because I could, and because I knew that if they could turn around their business, I would continue to reap the huge rebills that I had accumulated through them. I continue to experience record growth each month as a result of my decison to not panic and cut and run (again, I understand many people could not afford to make that decision - I simply figured it was cheaper for me than what my legal fees would have been).
Only the future will determine if this was the best course of action (iBill still owes me two large settlement payments). In the meantime I continue to diversify as a hedge against my bet on iBill, and make record profits, so I'm happy for now.
With all that said, I was simply trying to give SoS some free advice on how he can make his business more profitable through working smarter, instead of spending money on expensive programs that offer no guarantee of payback, especially in the short term.
Although you claim to operate the #1 Adult Personals web site, your numbers pale in comparison to your competitors. So I feel that I am not the one trying to blow smoke up SoS's butt. I have not advised him to use iBill, nor was I planning to.
I also read with amusement this post on your site (ranked 2,120,813 on Alexa):
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Payouts for 4/16 - 4/30 will be sent within the first few days of June.
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Certainly sounds like you run a profitable business, paying people more than a month behind.
Not trying to pick a fight. I just don't appreciate it when someone tries to jump on my sh*t for trying to offer a newbie some free advice.
My free advice to you is to focus on your own business before attacking mine, since I can at least afford to pay my bills on time.
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