Worst Business mistake you have made?
 

The worst for myself.... Trusting a third party credit card processor to be honest and actually pay what they owed us, 3 years ago PSW BILLING didn't pay us costing us a lot of $$$, we still had to pay affiliates and send the products to customers. Obviously you learn from them mistakes and MoreNiche now as 3 credit card processors and we are on top of everything...

U?


http://www.moreniche.com

My biggest mistake was getting out of the adult industry a number of years ago...trying to get back in fulltime in this day and age is a real headache.

trusting family to handle your $ .. or anyone other then myself or wife for that matter

Trusting anyone other then myself.

i signed up at a fucking board, instead of building galleries

thinking too short term

What are the processors you use now?

Just abandoning an 80K TGP in 1999 :(

ouch......

not working as hard as i should of in the 'easy' days.

pushing the "SEND MONEY" button before reading carefully through the "payment recieved" details.

Trusting a human being.

Following VC advice by spending money on huge office space, computers, and furniture before establishing a powerful sales organization.

Lesson Learned: Just because they are giving you millions $ to spend doesn't mean you should listen to them on how to spend it. THey are fuckheads. Sales always comes first, and only spend when you absolutely can't stand it anymore.

Biggest mistake - using iBill back in the day.

:thumbsup :thumbsup

What he said !!!

not going pay a year earlier

ah yes I can relate to that - inlaws worse even

yup lost 3k only but till the day of today I think it sucks

:1orglaugh :1orglaugh :1orglaugh

Same here

lol, so true :thumbsup

got a bigger one come to think of it not going with ccbill from the beginning.
That mistake cost me the 13 grand at the very least.

Biggest mistake was telling Richard or Richards Realm I was not interested in teaming up with him.

Second biggest one was not coming to the Internet sooner.

Third one was not opening a paysite sooner.

Still you live and learn. :1orglaugh

a 2,500$ investment that I did not make. I spent the money on parties instead, And I would venture to say, that it cost me somehwere around 14million a year.
Thats what my income would have been.

probably buying my first computer

I was very inaccurate when began the bis, so had some difficulties

selling out....

Very true :Oh crap ...

set partner account username/password as same with domain registar login info.
highjacked 6 domains that include 110k asian text tgp, 3 AVS, 2 gallery domains(around 170 galleres hosted) in june 2000.
it was the biggest and stupidest mistake in my life.

sending money to someone for a product i havnt seen yet

Not being born 10 years earlier, to get an early start in online adult biz.

working with donny aka donavan phillips

I could have told you him fucking you over would happen. No one listens to me though.

My biggest mistake: Spending too much time working for others.

that was three years ago . .

I basically have two.

1. not working hard enough in the easier days. I was making good money and only working like 15-20 hours a week. I should have been putting in 60 hours a week and expanding.

2. a few years back I had problems with netsol and lost five of my domains. three didn't matter because they had nothing on them. The other two had about 3 years worth of galleries, avs and free sites on them. Lost about 70% of my income in one swoop. Not only that but people were blacklisting me left and right because the sites were now redirected. It took me months to get that fixed.

not having started an adult dating site. that will change soon.

Totally, partners are rarely ever a good thing.

sharing too much of my knowledge with others... :(

Weird, i thought dropping a former employee off at the airport with a fake plane ticket would've made the list?