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Originally Posted by Lenny2
It's not a perfect analogy, but there will probably never be a perfect one.
Here's the thing.....
Was it easier to sell porn in 1998? Hell yeah it was. There were ALOT fewer people in this business back then competing for signups.
Sometimes you need to think outside of the box. Digging for gold isn't always the best way to make a fortune during a gold rush.
The glut of adult webmasters has made it harder to sell porn, but has created entirely new markets.
Think of the money being made by people like NATS, MPA, Stats Remote, Hosting Companies, Offshore outsourcing companies, etc etc etc. (Hell, look at GFY)
These people made the webmaster their customer instead of the porn consumer and in essence turned lemons into lemonade.
None of these types of companies (with the exception of hosting) could have made it back in 1998, but they're thriving now while alot of the people selling porn are struggling.
The only constant is change (cliche I know)
If you want to make REAL money you can't just copy what everyone else is doing. Create your own niche, start a new market, be the only one doing something and have a monopoly. By the time everyone catches up to you and copies what you're doing, you'll be ready to cash out anyways.
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Good post, alot of what you have said, you can see in the companies that are successful.
Serge posted back in the day using the "Gold Rush" analogy, that very few miners made millions.
It was the Bankers, the Hotel Keeper, the Restaurant Owner, the Supply Shop owner, it was those who catered to the 49er's.
What's true then is still true now.