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The gravy train I experienced between 1996 and 2004 is over, however there are new and innovative ways to make money in adult and you don't need the Manwin model to do it.
Half the problem is that people are not changing their business models to different times.
The days of simply being able to put up a tour, insert protected content with a subscription system in between are either numbered or already over.
People will pay for interactivity, cams still do well because its real, dating sites still do well because it holds out real hope of getting laid, virtual worlds (while slow to take off due to various issues) will become more common and also make money.
Every industry needs to evolve. People made a fortune during the gold rush years of the 19th century just by picking up alluvial gold and digging relatively small reef mines. However more gold is produced now than ever, using more sophisticated methods of mining. This analogy is true of adult, the overall business is bigger than it was 10 to 15 years ago but you can't just go walking down an ancient river picking up gold nuggets anymore.
Too many people here are stuck in old business models and are fooling themselves into thinking new niches, or slicker websites are the answer, whereas new business models are the answer.
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