10 Million Net = A Player? - Page 3 - GoFuckYourself.com

WiredGuy · 10-17-2003, 03:21 AM

[QUOTE]Originally posted by Pornkings

Quote:

there is a reason why Traffic cash gold had a party for only 25 webmasters.

If you ask me there might only be 20 guys who can send some sales. or who are big whales.

the guys who have 5 mill cashed out already.

when a company cashes out they don't pay webmasters etc.
so its all profit. without going into detail

Good point. And we both saw the crowd there, there was maybe what, 6-8 webmasters, the rest were all the other big affiliate programs... and times are changing so we gotta see how this all plays out.

WG

Pornkings · 10-17-2003, 03:28 AM

Quote:

Originally posted by quiet

i'm almost at that point myself. and i know a gfy regular who is likely worth 10 times that, at least.

Quiet you have a differant model then sponsors.

for instants and I'm not bragging if I were to cash out now.
and stop puting money back into the company and not payout webmasters in less then a year I would have 10 mill in an acount no prob.

Do you know what I mean. But there is only a few who can do it cause most big guys already did one example babenet.

sometimes when a company goes out of business its not because they fucked up it's becasue they cashed out.

Dawgy · 10-17-2003, 03:32 AM

so, roger, ill just fly down to tampa & be your slave/apprentice.

lol

quiet · 10-17-2003, 03:36 AM

Quote:

Originally posted by Pornkings

Quiet you have a differant model then sponsors.

for instants and I'm not bragging if I were to cash out now.
and stop puting money back into the company and not payout webmasters in less then a year I would have 10 mill in an acount no prob.

Do you know what I mean. But there is only a few who can do it cause most big guys already did one example babenet.

sometimes when a company goes out of business its not because they fucked up it's becasue they cashed out.

i understand the different biz models (in general). i understand mine the most of course

even for myself, there is no easy way out. i have to sell to get out, since i if i let sales drop, my cb ratio will get fucked up.

the difference is, i have millions net right now. i haven't scammed anyone, and i never will. even if i wanted to, there is really no one to scam, at least for any significant amount of cash.

i'm sure i'm not remotely in the same league as you, or anyone like you. i do well though, and i seem to only do better.

quiet · 10-17-2003, 03:43 AM

Quote:

Originally posted by Pornkings
and stop puting money back into the company and not payout webmasters in less then a year I would have 10 mill in an acount no prob.

Pornkings · 10-17-2003, 03:59 AM

Quote:

Originally posted by quiet

i understand the different biz models (in general). i understand mine the most of course

even for myself, there is no easy way out. i have to sell to get out, since i if i let sales drop, my cb ratio will get fucked up.

the difference is, i have millions net right now. i haven't scammed anyone, and i never will. even if i wanted to, there is really no one to scam, at least for any significant amount of cash.

i'm sure i'm not remotely in the same league as you, or anyone like you. i do well though, and i seem to only do better.

We should talk sometime I know we have said it before just never get around to it.

From what you say you are doing great and are in the top 20

Maybe we can both educate each other. I would like to understand your model better maybe I can help.
we are way under 1%

AWW - Kevin · 10-17-2003, 05:12 AM

Quote:

Originally posted by Diamond Jim

Ya lost me....

Equity is net worth....pointless in the conversation at hand. 5 mil means 5 mil that is in play in some way, but available. In real estate foreclosures, for example, you could have 5 mil in a group of properties waiting them to close (30-120 day window). Assuming you did your homework, that money is as safe as in any bank, but is yielding 70-100% annual returns and not 4%. In MY opinion, that is still hard cash....other opinions may differ...

Of course, this is all theory....I took out a loan for the bar tab tonight.....

diddo

the indigo · 10-17-2003, 06:08 AM

Quote:

Originally posted by KRL

I've never understood the concept of wanting to retire.

How could anyone give up the thrill and rush of dealmaking and just go play golf and sit in the sun everyday.

I tried it with a more leisurely lifestyle of semi-retirement back in my 30's, going golfing everyday and couldn't deal with it at all. Sold my Pings and went back to the game of dealz.

I want to die while working, contributing, and being productive and not sitting in a lounge chair in Tahiti.

IMHO, it's because you don't like enough things in life.

I mean, I would go buy a Kart/F3000, race a few time a weeks, play computer gamers as a professional (traveling and trying to win prizes), open a bar, read books, write stuff, think, motorcycle, traveling, buy a boat, whatever man... bottom line is that Golf is just plain booooring

FUCKuPAYme · 10-17-2003, 08:19 AM

i was just talking out my ass everyone who does this full time is a player.

when i reach 500 post here i will retire from gfy

sweet7 · 10-17-2003, 08:30 AM

Quote:

Originally posted by DrinkingHard
I thought the magic number was 50 million...

Gekko: I'm talking liquid. Enough money to have your own jet. Enough money not to waste time. Fifty, one hundred million dollars. A player.

DH

davidd · 10-17-2003, 08:44 AM

Quote:

Originally posted by DrinkingHard
I thought the magic number was 50 million...

Gekko: I'm talking liquid. Enough money to have your own jet. Enough money not to waste time. Fifty, one hundred million dollars. A player.

DH

He is 100% correct but based upon the time frame the statement was made, 100 mil minimum nowadays.

1mil isn't shit, once you get there you realize it isn't enough to retire on (living large).

10mil is nice, but again, you are in the minor leagues of millionaire status. You can impress your childhood friends, but you are not a big player.

I have hung out with the $100 mil to the $1 billion crowd (for those of you who watch HSN - hint) and when you have your own jets, yachts, houses worldwide, and 100 people+ on payroll that you have never met you have reached player status. These are the people who pull down millions a year just in interest.

49thParallel · 10-17-2003, 08:51 AM

And on the utter bullshit meter I give this thread a 10

slapass · 10-17-2003, 08:51 AM

Quiet,

2 mil in cash is not doing much for you. You should buy more real estate.
Trying to do that myself as interest rates just suck shit right now.

SleazyDream · 10-17-2003, 08:55 AM

quiet - does this mean you won't be retiring this month?

BradShaw · 10-17-2003, 10:46 AM

Quote:

Originally posted by Diamond Jim
20 active guys with 5 mil is too many...

Same old shit, Rog.....work work work...practicing my Wendy's drive-thru pitch.....I'm gonna sell Homestyle Chicken Strips like a motherfucker....

Nobody works harder than RB....he deserves everything he gets...

I would say 20 is close. $5million net worth is not much. Amazing how anytime $ comes up, Diamond Jim is telling us how poor he is;-) I almost feel sorry for the poor guy!

BradShaw · 10-17-2003, 10:49 AM

Quote:

Originally posted by Pornkings

Quiet you have a different model then sponsors.

for instants and I'm not bragging if I were to cash out now.
and stop putting money back into the company and not payout webmasters in less then a year I would have 10 mill in an acount no prob.

Do you know what I mean. But there is only a few who can do it cause most big guys already did one example babenet.

sometimes when a company goes out of business its not because they fucked up it's because they cashed out.

Roger, many of us "could" do the same thing, EXCEPT. CB issues, we need new transactions. Also, hard to have traffic coming in, if you are not outlaying any cash. I think the key is to find a good balance of taking $ out of the company, while still procuring your business long term.

Pornkings · 10-17-2003, 11:04 AM

Quote:

Originally posted by BradShaw

Roger, many of us "could" do the same thing, EXCEPT. CB issues, we need new transactions. Also, hard to have traffic coming in, if you are not outlaying any cash. I think the key is to find a good balance of taking $ out of the company, while still procuring your business long term.

I agree for the most part.

But there are ways to get around the CB issues and ride it out till the well runs dry

quiet · 10-22-2003, 02:01 AM

Quote:

Originally posted by davidd

He is 100% correct but based upon the time frame the statement was made, 100 mil minimum nowadays.

1mil isn't shit, once you get there you realize it isn't enough to retire on (living large).

10mil is nice, but again, you are in the minor leagues of millionaire status. You can impress your childhood friends, but you are not a big player.

I have hung out with the $100 mil to the $1 billion crowd (for those of you who watch HSN - hint) and when you have your own jets, yachts, houses worldwide, and 100 people+ on payroll that you have never met you have reached player status. These are the people who pull down millions a year just in interest.

you should post more often

Mutt · 10-22-2003, 02:26 AM

what was RB in People magazine for?

kmanrox · 10-22-2003, 02:30 AM

that's kind of a stupid question, especially since my sources tell me nobody in our industry does 10 million per month on their affiliate program for membership sites....

quiet · 10-22-2003, 02:33 AM

Quote:

Originally posted by kmanrox
that's kind of a stupid question, especially since my sources tell me nobody in our industry does 10 million per month on their affiliate program for membership sites....

apparently you need to read the thread again. we are talking 10 million net (ie after expenses and taxes). that's it

kmanrox · 10-22-2003, 02:33 AM

forgive me, i didnt realize we were talking about net worth =)

10mil net worth is good, but i dont think it makes you anything but a smalltime player if you plan to retire and maintain your lifestyle....

i wish i was worth half that hahaa

hell a quarter wpuld be fine too =)

kmanrox · 10-22-2003, 02:35 AM

Quote:

Originally posted by quiet

apparently you need to read the thread again. we are talking 10 million net (ie after expenses and taxes). that's it

as you can see, i dont read threads, i look at the subject, then make a post... rarely do i see a reply worth my time reading...

kmanrox · 10-22-2003, 02:36 AM

Quote:

Originally posted by quiet

apparently you need to read the thread again. we are talking 10 million net (ie after expenses and taxes). that's it

and if we *are* talking about per month here, then 10mil NET (after taxes and shit) is not happening in our industry, not even for the big guys.

quiet · 10-22-2003, 02:37 AM

Quote:

Originally posted by kmanrox

and if we *are* talking about per month here, then 10mil NET (after taxes and shit) is not happening in our industry, not even for the big guys.

no shit? lol

quiet · 10-22-2003, 02:39 AM

it's simply a number KRL put out, that has become my current goal.

no big deal really.

Shooter · 10-22-2003, 04:34 AM

Quote:

Originally posted by Mutt
what was RB in People magazine for?

One of the most eligible bachelors in America or something like that...didn't see any mention of his non-Razor ventures though

quiet · 01-20-2004, 06:19 AM

interesting thread worth bringing back...

does 10 M net = Player?

KRL · 01-20-2004, 06:54 AM

For this industry I'd say so. In the real world no not even close. Most corporate execs still on the treadmill have that amount of wealth. The guys running the shows are at 9 to 10 figs now.

quiet · 01-20-2004, 06:56 AM

Quote:

Originally posted by KRL
For this industry I'd say so. In the real world no not even close. Most corporate execs still on the treadmill have that amount of wealth. The guys running the shows are at 9 to 10 figs now.

any stats on how many 10 fig (billionaires) there are in the world?

01-20-2004, 06:59 AM

Quote:

Originally posted by quiet

any stats on how many 10 fig (billionaires) there are in the world?

I don't care how many there are, but Oprah sure is the sexiest of them all.

KRL · 01-20-2004, 07:11 AM

Quote:

Originally posted by quiet

any stats on how many 10 fig (billionaires) there are in the world?

Forbes estimates 427 Billionaires in the world for 2003. Although there are a lot of folks who stay just below Forbe's radar. Its probably at least 5 to 10 times if you count combined family wealth.

Like they always say Bill Gates is the richest at $40Bil. But if you group the main Walton family members together they are at $150 Billion as a family (Wal-Mart). Making Bill G look like chump change.

There are a lot of old line families in the US like the du Ponts who pretty much control the entire state of Delaware who don't get mentioned that much because the fortune has been divided up into thousands of offspring. But combined its way way up there.

Same thing with the Rockefeller family. Enormous and vast wealth but they only peg the main family members at a Bil and some under.

scoreman · 01-20-2004, 07:37 AM

Quote:

Originally posted by Equinox

I don't care how many there are, but Oprah sure is the sexiest of them all.

Id take that Onassis chick over Oprah any day, even if she does look a lil like Eddie Van Halen.

scoreman · 01-20-2004, 07:43 AM

Speaking of billions, the WSJ reported today that the McDonald widow left 1.5 billion in a one time payout to the Salvation Army.

Earlier this year that same Mcdonalds widow left $200 million to National Public Radio.

Supposedly its the largest single charitable gift ever, although Gates will probably have that record one day. He is on record as saying he will only leave his heirs a small part of his fortune and he plans to use his money to change the world.

quiet · 01-20-2004, 07:44 AM

Quote:

Originally posted by scoreman
He is on record as saying he will only leave his heirs a small part of his fortune and he plans to use his money to change the world.

yes i heard that as well. however, i'd also heard that he'd already set up the largest charity the world has ever seen.

*shrug*

JFK · 01-20-2004, 10:10 AM

Quote:

Originally posted by GeXus

Someone a little jelous that their reality is that they only have several dollars.. but someone else is where you have dreamed about being all your life? But now you are at a point in your life, where you realized you just dont have what it takes to become a millionair?

Its ok man, Alot of people spend there lives dreaming and wishing.. and alot of people get no where, you are just one in the pack.. no need to beet yourself up about it

There are the talkers, and then there are the doers

Xenophage · 02-25-2004, 01:18 AM

Quote:

Originally posted by JFK

There are the talkers, and then there are the doers

I wanna be a talker

10 mil is more than enough to live nice for life in really safe investments.

but to be a player you need 500 mil this way ya can make 20 mil a year easy money or if ya risk it 50-70 mil a year....

that lets ya buy 20 million estates in several continents and places on the planet and the jet to fly to them all and the staff to cater to your needs.

but thats only if ya want that kinda life..

the more you make the more isolated you get

meaning its harder and harder to make and keep true friends

everyone is always riding your jock to see what they can leach off ya

Maximillion · 02-25-2004, 03:55 AM

this point has been brought up before - its all relative to the lifestyle you live and want to live.

personally I can't wait to have the capital to start delegating this workload. I'm a jack-of-all-trades when it comes to webmastering but I am more of a scope and vision guy.

Trax · 02-25-2004, 04:18 AM

Quote:

Originally posted by LegendaryLars

but thats only if ya want that kinda life..

the more you make the more isolated you get

meaning its harder and harder to make and keep true friends

everyone is always riding your jock to see what they can leach off ya

correct
only way to avoid those problem is to not let everyone see what big player you are.
be silent
don't feel special - its only money
don't be too arrogant and you will have no problem with friendship and isolation

what people nowadays should start to learn is that money is not everything

a lot of people - especially in this industry - should learn how to stay on the ground

as far as the 10 million player thing goes
even 5 million net make you a player in this biz for sure
there is no doubt on that

doesnt make you the biggest guy
but a player for sure

Xenophage · 02-25-2004, 11:40 AM

Quote:

Originally posted by Trax

correct
only way to avoid those problem is to not let everyone see what big player you are.
be silent
don't feel special - its only money
don't be too arrogant and you will have no problem with friendship and isolation

what people nowadays should start to learn is that money is not everything

a lot of people - especially in this industry - should learn how to stay on the ground

as far as the 10 million player thing goes
even 5 million net make you a player in this biz for sure
there is no doubt on that

doesnt make you the biggest guy
but a player for sure

yeah if ya got 5 mil after tax your doing quite well ;)
compared to 99% of the other people on the planet

Krille · 02-25-2004, 11:43 AM

what would one be with $750 net

Xenophage · 02-25-2004, 12:04 PM

5 days mortgage payment

Trax · 02-25-2004, 12:07 PM

Quote:

Originally posted by LegendaryLars

yeah if ya got 5 mil after tax your doing quite well ;)
compared to 99% of the other people on the planet

lol
yeah

but even $500k makes you do better than 98,9% of the worlds population hehe

its not that hard to be better than those

jayeff · 02-25-2004, 01:23 PM

In some businesses you can be an important figure with much less than $10 million. In others, that kind of money barely gets you in the door. Adnan Khashoggi used to be one of my clients and he apparently lost $10 million just through his involvement in the Iran/Contra arms affairs. His 1982 divorce supposedly cost him more than $800 million

Xenophage · 02-25-2004, 01:42 PM

i sometimes watch mtv cribs and sometime my house is kewler than the ones on there and sometimes I feel like a chump LOL

cosis · 02-25-2004, 02:34 PM

1 million seems like a player to me, hell 10 million is a god

10-17-2003, 03:32 AM	#103
Dawgy Confirmed User Join Date: Jul 2001 Posts: 5,856	so, roger, ill just fly down to tampa & be your slave/apprentice. lol __________________ the revolution is coming.

10-17-2003, 08:19 AM	#109
FUCKuPAYme Confirmed User Join Date: Jan 2003 Location: LA Posts: 1,023	i was just talking out my ass everyone who does this full time is a player. when i reach 500 post here i will retire from gfy __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60. Last edited by FUCKuPAYme; 10-17-2003 at 08:31 AM..

10-17-2003, 08:55 AM	#114
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	quiet - does this mean you won't be retiring this month? __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

10-22-2003, 02:26 AM	#119
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	what was RB in People magazine for? __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

10-22-2003, 02:30 AM	#120
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,292	that's kind of a stupid question, especially since my sources tell me nobody in our industry does 10 million per month on their affiliate program for membership sites.... __________________ Crypto HODLr Crypto mining Angel investor

10-17-2003, 08:51 AM	#112
49thParallel So Fucking Banned Join Date: Jul 2002 Posts: 1,197	And on the utter bullshit meter I give this thread a 10

10-17-2003, 08:51 AM	#113
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Quiet, 2 mil in cash is not doing much for you. You should buy more real estate. Trying to do that myself as interest rates just suck shit right now.

10-22-2003, 02:33 AM	#122
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,292	forgive me, i didnt realize we were talking about net worth =) 10mil net worth is good, but i dont think it makes you anything but a smalltime player if you plan to retire and maintain your lifestyle.... i wish i was worth half that hahaa hell a quarter wpuld be fine too =) __________________ Crypto HODLr Crypto mining Angel investor

10-22-2003, 02:39 AM	#126
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	it's simply a number KRL put out, that has become my current goal. no big deal really. __________________ we'll miss you our friend. RIP

01-20-2004, 06:19 AM	#128
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	interesting thread worth bringing back... does 10 M net = Player? __________________ we'll miss you our friend. RIP

01-20-2004, 06:54 AM	#129
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	For this industry I'd say so. In the real world no not even close. Most corporate execs still on the treadmill have that amount of wealth. The guys running the shows are at 9 to 10 figs now. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

01-20-2004, 07:43 AM	#134
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	Speaking of billions, the WSJ reported today that the McDonald widow left 1.5 billion in a one time payout to the Salvation Army. Earlier this year that same Mcdonalds widow left $200 million to National Public Radio. Supposedly its the largest single charitable gift ever, although Gates will probably have that record one day. He is on record as saying he will only leave his heirs a small part of his fortune and he plans to use his money to change the world. __________________

02-25-2004, 03:55 AM	#138
Maximillion Confirmed User Join Date: Apr 2003 Location: scrooge mcducks money bin Posts: 795	this point has been brought up before - its all relative to the lifestyle you live and want to live. personally I can't wait to have the capital to start delegating this workload. I'm a jack-of-all-trades when it comes to webmastering but I am more of a scope and vision guy. __________________ Only $600 bucks for this premium domain: email maximillion76 -at- gmail (Not to be confused with Topbucks' "AllGayRealityPass.com")

02-25-2004, 11:43 AM	#141
Krille Confirmed User Join Date: Mar 2002 Location: Bangkok Posts: 2,436	what would one be with $750 net

02-25-2004, 12:04 PM	#142
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	5 days mortgage payment

02-25-2004, 01:23 PM	#144
jayeff Confirmed User Join Date: May 2001 Posts: 2,944	In some businesses you can be an important figure with much less than $10 million. In others, that kind of money barely gets you in the door. Adnan Khashoggi used to be one of my clients and he apparently lost $10 million just through his involvement in the Iran/Contra arms affairs. His 1982 divorce supposedly cost him more than $800 million

02-25-2004, 01:42 PM	#145
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	i sometimes watch mtv cribs and sometime my house is kewler than the ones on there and sometimes I feel like a chump LOL

02-25-2004, 02:34 PM	#146
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,281	1 million seems like a player to me, hell 10 million is a god