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#1 reason for nooob dropout/failure to make serious money
1. lack of ambition?, quit too soon?
2. not smart enough, can't understand quickly enough? 3.no creativity? 4. poor social skills, never attends indusrty events or networks. 5. unable to manage money properly, lacks business acumen. 6.fails to comply with 2257 and gets raped by feds? 7.pisses too many people off by greed, backstabbing or other unfortunate business transaction? If you pros had to name one of the above for failure to make serious money which one would it be and why? |
Failure to recognize the weakness, lack of talent and insecurity in all bullying behavior.
2hp |
1. lack of ambition?, quit too soon?
Most noobs see a news report about how we all rake in the dough and they think "hey, if those assholes can do it so can I" Then they discover it's a REAL business like any other that requires hard work and nurturing. That's why so many quit. I used to sell turnkey sites and so many people would call customer service after 2 weeks and say. "I submitted my site to google, why haven't I made any money?" |
thanks guys:thumbsup keep em coming, I appreciate advice from people who are actually doing well, why should I take advice from someone who has been in this business for years and is still struggling to get 50 sales a week? The adult business reminds me of going to the garage to get my car fixed, the part costs .5 cents, but it will take them 1 fucking week to put in in for 4k$:Oh crap
Is this business really all labor? |
None of the above.
I think they fail because of a lack of qualified traffic |
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The trick is to find a source for qualified traffic... |
8. There is no money in porn.
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They dont realise it's at least a 40 hour per week job maybe.
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It usually isn't 1 reason it's a combination of many. If you want to make money in this biz and are willing to work hard you will make money.
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They easily get side tracked by distractions and or to many ideas at once. Their initial goals although on occasion humble often are way to grand as well. Instead of thinking about developing one site or one domain they think more is better, so they soon end up with fifty+ domain names and ten to twenty partially started projects. This will lead to initial frustration as none are really bringing in money. They then will see someone else make claims that something that newbie isn't doing yet that is working for the other person, naturally the newbie adds that as a project and it just keeps growing yet nothing is ever getting finished or done.
They bail out due to frustration and only money leaving and very little coming in. Somewhere they just do not grasp that this job and yes I said job requires a tremendous amount of repetitive grunt work specially during the initial months or years. It is not a hobby where one can just spend a few hours after their "real job" tinkering and make more than party money. I can say it is not lack of traffic, lack of content, lack of resources, lack of time, lack of money, lack of good sponsors, or lack of opportunities. It is the lack of the ability to pick one niche, one domain, and one method and perfecting it until it works and then and only then repeating it. |
40 hour week? If the money is good enough I'll work double that, although I have a funny feeling that after a certain point the workload drops dramatically.
correct me if I am wrong, but do some of you work at this for fun? It would seem that after the mid 6 figure a year point or even 250K you could actually hire someone to do this for you and invest full time, that's what I will do....after my carpal tunnel surgery from typing 6 hours a day:Oh crap |
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Anyone looking to make a quick buck with little effort is usually disappointed.
The web is like any other business, and any sector of the web is the same. Brad hit the nail on the head, with some people's theory of "if you build it they will come" This typically isn't a field of dreams. |
They don't use a good sponsor like MayorsMoney... ;-))
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It's a combination of everything, mixed withthe fact that a lot of newbs put too much time into 1 project that may never nuture. I can't even tell you how many newbs spend 8 hours a day on 1 tgp for a 3 month period...Just to be sitting at 1500 a day with a 50% skim.
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bad hosting...
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not smart enough.
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I'd pay someone here to be my mentor, but it's not even worth your time, even if I paid 100 an hour, in that hour there could be more money made than that so you would be loosing money.:( from what I can see, it's all repetition and monotony. That's how the money is made.
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haha:pimp |
Good TGP's charge to sumbit and hosting isnt free :2 cents:
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The start-up failure rate across businesses in general runs at around 50% within a year and 75% within 5 years. The stats for online porn are surely higher because with zero entry costs, it's an easy business to "play" at. We also attract thousands of college kids and others who have no intention of doing it long-term. Very few are likely to achieve enough to change their minds, even if it served their purpose while they were involved.
Most businesses fail because they are under-funded: even when the business itself doesn't need money, the operator usually has personal bills to pay and runs out of cash before the business begins to generate more. Many people drop out when they don't see rewards as quickly as they want. Under-funding and unrealistic expectations account for most of the shortest-lived businesses. The slower failures are primarily due to most start-ups having nothing new to offer a crowded marketplace and that is something of which many porn webmasters are guilty. Start-ups are not the only ones this affects. It could be ignored until maybe 5 years ago: longer if your sites had enough momentum before supply and demand moved closer together. But now we are beginning to see closures and consolidations among older sites and more significantly, some well known sites which have operated the same way for years, are suddenly being redesigned and pushed harder. |
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Damn I'm so glad I never did the webmaster struggle. I wish I could make myself work 8 hours these days. :(
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- Failure to find their strengths, as it applies to this business.
It's fine to work hard at something, and put 80 hours a week into it, but if in the end, you can't make it work, you have to move on. You have to recognize when something is futile, and try again. "Fast failures", as it's called. For every one successful project, I must have 10 that bombed. My website graveyard is huge. I'm a huge believer in trial and error, backed up by robust numbers, so I know *exactly* what works and what doesn't. |
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You don't have to go telling everyone man. This week I worked harder and submitted my turnkey paysite to yahoo as well.....the $$ is gonna start rolling in any day now |
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The #1 reason applies to most failed entrepreneurship: noobs think they can waltz in and be on Easy Street within a month or two, and when that doesn't happen, they get discouraged and quit.
It's almost as predictable as the sun rising and setting. Just like any entrepreneurial endeavor, it takes a few YEARS to get the knowledge/ comfort/ connections/ capital/ technology needed to be competitive and to start making money. Dropout noobs are thinking success should come in 5 months --but I think the better number is 5 YEARS. |
I agree...
Just like any craft, this business requires a lot of determination, strength, ambition, and proper management. But it may take years to build on these... |
the friends i tried to help get started doing this years ago when it was easy gave up because they never realized how much work it actually was and that making the money wasn't instant.
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More like 80 all together! :winkwink: |
this is a sales job and not everyone can sell.
second. most if not all that is taught on boards is self serving and not in the noobs best interest. also known as, signup for all of our sponsors and do everything we say. aka sheep corralling |
I taught noobs for years but anymore
I'd rather they all die. |
Many reasons... and they will vary with the indivdual, - but bottom line is nada clue and a fantasy of zillions of dollars.
There are skills in each aspect of "webmastering" and it takes time to accquire these, - hell.. I'm still learning and been in the net side of adult since 95 and spend decades before that on IT related. Webmastering is like any programming skills, - ya can be very competent in creating a piece of software after some learning period, - but creating a *good* bit of software depends on coding etc experience and that is only gained over a number of years. I got serious doubts, - tho there are exceptions - of newbies actually entering the net adult biz now and making a success of it. (I'm not talking about $200 $500/week but running a real biz.) |
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Most I find simply lack any real business sense and should stick with flipping burgers at mcdonalds because they just don't know how to operate.
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A lot of these things most are posting are spot on. I've been in online biz since '97 after getting out of college. I did a little hobby or personal interest site, and when the net changed on free hosts to a pay to play, and people were getting hammered with TOS I had to make the change to membership, and new hosting. Over time tinkering, I learned what have come to be tradeskills. But I did not do this full time. It was a hobby that made extra money. A few years later, I did another site, and it was moderately successful as well.
Through that time, I read, and read, and read some more. Experimented, and tried new things. Some worked, some didn't. But the money kept flowing until I took the plunge a few years back, and started doing this full time. Last summer, I had a company who wanted to hire me to consult for them. They thought they were in the position to make a porn kingdom, and had da ladies lined up for miles. So before they started, I told them about 2257 docs, lighting, cameras and everything they would need to just CYA. In no time, they were in trouble because they did not listen. No documents for their models. So when they thought they were ready, they weren't. Having to go back and get all the docs from the girls. But before even that, they were in trouble. I asked them in one of the first meetings "what will this site be about", they said, "I dunno". That's a problem right there. Next, domain name, "I dunno". Again, problem. Then I gave them some advice, but they wanted to be "all lthings to all people". Another problem. So they had material from everything from hardcore to the weakest shit ever. Shot bad. No shoots. Basically house parties being filmed. Completely worthless. After all that mess, it came time to get into the actual WORK. They realized a lot of it was grueling, unrewarding, menotinous work. Then one of the two partners said, "Can't we just pay you to do this", I just laughed, and laughed. 6 months later, they are finally getting most of their shit put together. Still not remotely in a position to make any money. They've had countless problems, one of the biggest being them telling their models that once they make their millions, they will give them the hook up. And already talking of new projects they have no clue how much work's involved, much less the logistics, or the finances to pull off. So obviously, their models want more money. This is just one example of countless people I've talked to who think you can get a camera, some women, throw something on the net, and the winning lotto ticket arives. One of the things that absolutely crack me up are people who think I watch tv all day in my underwear, and do not have to keep a work scehdule. They will ask, so really how much do you really work? When I tell them 12-18 hours a day they are like wtf?!!? When you run a business that's always working on something, plus maintaining other things. You have to treat it like a business. People do not see that. Same for models, they think it's a cake walk. I tell everyone, and anyone. This is a business like any other. My store front's the site, and my customers are the traffic. Your content's the product, and you have to get it out to the people who want to buy your stuff in the most effiecent way. Then get them to pay for it. Same as a donut shop, or anything else. A lot of this stuff is repeative, grueling, shit work. But the money makes it worth it. But, you have to have patience, try new things, tinker with the formula, and perfect it. Until the next thing comes along. Then roll with it. Nothing in instant. One of the biggest things I think noobs lack, is a sense of reality, and patience. Both for the success, but the trial and error needed to make it. :2 cents: |
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people have contacted me over the years and when I agree to help them, I give them a fair work load and tell them to come back when it's done and I'll show them how to make money.
NOT ONE PERSON ever came back... :2 cents: |
Gets hooked on GFY and never gets any work done.
In all honesty though, i think your first point is the answer. |
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Very well put. I don't know of one person in the past several years that has chosen one domain, one niche, and focused on it's success with intensity that has failed. :pimp |
EXACTLY. they spend too much time trying to think of all the angles, they spend to much time gauging competition, they spend too much time on GFY!
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do you count gfy hours as well? 20 hours/ week would cut it for a normal salary I think. I make less than a normal salary that but I only use 2-5 hours a week deeply concentrated. pocket money to get by without a loan while I study. Making it to the top of the industry would as everything else demand 60-80 hours a week, talent and some risk taking. |
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