What Makes A Paysite Go Choke?

[ronnie]

Originally Posted by Jim

Of course I have seen people just walk away finding god or claiming they found god. Or then the person that figures out that what he is doing is harming women.

All sorts of reasons...

I remember that one, was making good money too, all gone...

ronnie

[Far-L]

My top 5 reasons in no particular order:

1. Undercapitalized to sustain operations

2. Trying to run on too slim a profit margin

3. Spending too much on flash without having sustainable cashflow

4. Caught stealing

5. Not diversified and prepared for fluctuations

[Linkster]

Far-L - all extremely good reasons - and the top 5 reasons for brick/morter biz's to fail as well - its all the same. Unfortunately there has been talk around the world about how easy it was to make money on the internet for years - of course it was just a few that were really making the good money but it stood out - those days are long gone and to start a business whether in a strip mall or on the internet requires the same basic principles today. And most people that set out to do this just dont have the capital, the biz sense and the dedication to succeed - its just a fact of life.

All of the people that I know that succeed all have the exact same traits - they dont cheat or steal, they put in longer hours than anyone Ive ever seen - 20 hour days or 36 hour marathons still exist, and they are obsessive about success. And most importantly - they never boast or brag about their successes