Quote:
Originally Posted by Atticus
Good One.
It's the opposite. The fact is that the majority of big players got into this industry and made a killing, not by skill, but by luck and being unemployed at the right time. They might have very good technical expertise but have ZERO business expertise. It's very hard to lose money when you're working on thousand percent margins. Now capatilism has reared its ugly head and like any industry in history that started out with insane profits you have real competition. Competition breeds lower margins and less room for being a fuck up. |
That's such a wrong thing to say. Every guy I met when I started in the mid 1990's was razor sharp. And most of them became multi millionaires. And everyone of them that were successful were ALREADY successful. If you weren't there or running with the right folks then you just don't know what you're talking about and you're just theorizing.
For instance...I formed a partnership with AL4A in the mid 1990's. He had already made his first million owning several video gambling clubs. And the people that we did business with were all self made millionaires who had moved from brick and mortar to the internet because they are INNOVATORS. Not because they were "unemployed" or "lucky" as you theorize.
Don't believe myth and urban legend. The DUMB mother fuckers came into this business about 5 years after I did. They started coming in in droves after 2000. The original guys? Smart, fast, and rich.