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Originally Posted by Far-L
And I respectfully disagree with what he is saying.
One, on the budget you are describing you don't have to take on a partner like that. Next, what are affiliates going to get? Probably 50%, maybe more depending on the partner, now you will split that with the partner so really you only are getting 25% but add to that the potential costs the partner is taking out first, most likely hosting, processing, and maybe hard marketing costs like ad buys, and the producer is going to want production costs out by the same token.
The percentage left is pretty small.
Then why would a good solid marketing partner need that producer since it would generally be cheaper to just shop for exclusive content that has a one time cost and they would own it. This is exactly why you see so many failed relationships that are done like this. Hell, I have it on very reasonable and trusted authority that not all the Manwin content partners are very happy. What does that tell you if the ones with more traffic than God can't make partners happy?
The path to success is literally strewn with the dead and mangled bodies of companies that took that approach.
Now, 100k is half the investment nut of 200k for what Ruseful spent - would you be happy with half his success? I would in that amount of time especially but I wouldn't be unhappy if it took twice as long to get half that successful either because by any biz standard that would still be measured as hugely successful.
Now factor in that he is willing to tell you exactly what he did to get there and pretty much has spelled it out here and in other threads too. So why couldn't someone with ZERO prior knowledge of the industry but $50 to $100k to invest not learn from that and create similar success? I will tell you why. Most people don't really think these things through and do the due diligence homework that is necessary first. They want someone to do it for them. They listen to bad advice. A few months later they are out of the biz.
Anyone remember Hanco? That is why I call it "Hanco Syndrome".
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All very valid points. And I don't disagree with any of them. I would certainly never suggest that Pseudonymous' recommended path to success is the best choice for everyone to follow. He was speaking more to the condition of those with more production experience and less sales/marketing experience. Never the less, I agree, everything you said are things newcomers will have to weigh out when thinking of partnering to decide if it's really worth it to them in the end.
And you're absolutely right about Ruseful and his openess to educate others on how he was able to succeed. But you still have to remember that he had extensive prior experience in his field. And although putting that experience to words for other's to follow is great, even that may not be enough in the end. If I'm not mistaken he said he ran that tube site for 4yrs. When you know the ins and outs of how the tubes work 1st hand, that experience goes a long way towards ones ability. And thus it may not be a template that everyone can follow. We don't know how much of success in JT's model is weighted on ones experience/ability with tubes and their users, as opposed to being able to follow guide/plan correctly.
Is he the first to actually go that route from scratch, relying primarily on the tubes to generate traffic? It no doubt seems to be a great path model. Could very well be the new industry path model of the future. I would like to see if any other starters can actually use it with a fair measure of success though before we brand it as such.
Looking back I guess I should've just said there's pluses and minuses to everything.
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Originally Posted by fuzebox
I'm reading a bit of a sense of entitlement in this thread... Why should a newbie with a bit of capital and no other skills be able to come up with a profitable paysite? Online business rewards intelligence and innovation, it isn't supposed to be easy.
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True, it's not supposed to be easy, but it's not supposed to be impossible either. Lot's of people start mainstream businesses all the time from scratch without any prior experience and are able to become successful. A lot fail, sure. But there are also a lot of success stories out there.
I was simply asking where are all the success stories for recent newcomers doing the same in adult.