Originally Posted by will76

One thing to note, in regards to how easy it was to make money and get started in this industry, even more so in the earlier years. There was a lot of people who had no business skills what so ever, all they had was a pc and internet connection, perhaps a girl friend they could take nude pictures of, or a decent camera and they tried to find girls etc... point being there was no previous success, business skills or even much of an investment (money) required to get started.

Even though some people made money a lot of them didn't learn how to conduct a business properly. How many of you have no budget, terrible accounting, don't have your own INC or LLC setup, have no goals, focus, terrible at keeping track of records, stats, etc. You can get by being terrible at business if the money is pouring in but when the flow of money shrinks your faults become a lot more apparent.

That is just how it hurts themselves, the same people with bad business skills are also the ones that are likely to be late paying you, scam you, steal from you, have poor communication, rarely follow through on a deal etc... You know the guys who make a lot of money but who are always broke. The people who try to look rich instead of being rich.