Quote:
Originally Posted by TheSquealer
He's full of shit. Think of it like this... you are a freelance writer. You typically write for free to get published and prove you can write. Sometimes, you get around .10 per word or so to write copy and articles for others. Every great once in a while, you get published in a large magazine and they pay you 1.00 per word.
Then you just run around talking about how difficult it is to write well, what it takes to get 1.00 per word, how you're worth every penny, how if people want quality articles, they have to pay 1.00 per word and so on... when the reality is you have rarely ever sold any articles for 1.00 per word.
Lets not forget Paul coming to GFY and begging for money to survive... It's not like he was a top shooter for magazines making all this money as he would like people to think he was. Also, it was about 2005 when he was begging for money to feed himself and his family... so contrast that with his comment below:
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Hehe, that's a great perspective.... I never thought of it that way, but yeah, bang on.
I really only noticed PM within the last year or so, maybe two. Before that I do remember the magic join link bit, but not really anything with him.
With PM, I see him trying to compare an "income stream" to our Industries multiple ways to generate revenue. Your example highlights the limitations of his revenue stream, it's not recurring, it's not compounding, and it's not fast... basically it's not a business monetizing its content every way possible, it's a person making an income.