Quote:
Originally Posted by Shap
A great example of how smart money management can lead to huge success is one of the biggest (if not the biggest) affiliate programs and companies around today. Without naming them (because who they are doesn't matter) this company started with almost no money and started by submitting galleries to tgps. They took that money re-invested 100% of it. They expanded their gallery operations and decided to build free sites to control the traffic themselves. That worked, they re-invested 100% again and decided to control the paysites they send the traffic to. That worked and they continued to re-invest almost 100% of what they made and built themselves into one of the biggest most impressive companies in our industry today. All with almost no money to start. Not to mention these guys came into the market almost 5 years after most of us. These guys are at the top of the industry and they don't drive bentley's or ferrari's or live in $15 million mansions. They could but they don't.
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they also robbed so many surfers abused peoples credit cards (most will never buy a membership again) and then robbed peoples content too for their next venture
they started very good very impressive but their ending is a different story