Quote:
Originally Posted by Paul Markham
BF are you a success because you can get clips on sites or because the surfers like what you shoot? Because getting clips on a clip site isn't brain surgery?
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That is a complicated answer Paul. A lot comes with bitter experience, and learning from it.
1. I listen to my members and patrons. I have encouraged feedback from the start.
2. I developed my own niche traffic over some 15 years in this industry. I do not rely on others.
3. When 2008 bitch slapped this industry (i.e. credit cards), I diversified into hosting and software.
4. I expanded my porn footprint, also part of diversity I supposed, investing in new niches.
Things could get a lot worse than they were in 2008, or than they are now, and I would
still be able to make a comfortable living off of JUST my foot fetish empire alone. However, if anything, 2008 taught me I needed to expand and become more diversified so that if something should happen again (like the credit crunch) I am not solely vested in one thing (i.e. porn/online) where I can be crippled by forces I can't control. Same as those guys in real estate, stock market, etc. learned I am sure.
I suppose you could call all of this a part of the "adapt or die" mantra. I simply call it good business sense. Learn from your mistakes, apply what you have learned, continue to build your empire on a foundation of stone versus sand.