51–60 of 173 posts
What I got out of the post was what happens to a person who spends a decade trying to make money instead of building value. I'm not trying to make a judgment call but the emptiness of it almost hurt to read.
I'm not sure I'd regard making 100's of thousands of dollars complete failure. Now, it's obvious that he made money in ways that aren't overly useful to society, and promoted products that were less than stellar in spammy ways, but just having the goal of "Making Money Online" I'd consider that money to be pretty dang successful. The fact that he blew it all after the fact just makes him bad with money. It doesn't me…
The main thing is on you great months you have at act as if you're still "broke" just because you have a great month doesn't mean the next one will be.
A few months ago I made a large sum but have only made chump change sense. If I had spent it all the day I got it, I'd be fked.
I hate these picture gallery clickbaits sites on facebook. If you are visting mobile, almost every "next" click redirects you to some ad site and you "have to go back". And yes, I still click on them because i want to see funny/sexy stuff ;-) I will never understand though how people manage to just "burn" serveral thousands of dollars after they got them. I like to save and don't need any of this funky stuff. Why wou…
usually people coming from a non-rich/poor family might have this need for "Status". it's not usually about having value for your money, but most the time is about feeding the ego, feeling the power and sending a signal of success to the world around you.
I own an automotive business and it is amazing how much networking goes on at SEMA after parties every year in Vegas. It's really truly depends on the person and who you are with.
Earlier quoted context omitted.
Yep. This guy takes "get rich quick" to the next level. In that same time period he could have founded real startups with real products. Instead, he got 10 years of putting his blood, sweat, and tears into bullshit money making schemes.
Founding a real startup with real products also leads to failure most of the time. We just hear about the successes more often on HN.
I have the firm belief that, being continually exposed to sketchy spam 10 years ago, made me extremely averse to advertising, clickbaits and affiliation. Today, I can't imagine the web without an adblocker, and I'm certainly avoiding giving money to a service when I'm prompted to by an ad. So, I may be wrong, but if the minority of "EnlargeYourMaleParts.com" hadn't polluted my visual field 10 years ago, it would be a…
I don't think you're wrong, but many great websites that provide content people really want rely on Adsense-type earnings to sustain themselves and afford the content creators the income necessary to continue producing it. It's unfortunate that the financial fate of some really great contributors is so closely tied to that of others who seem to produce little or no value. I wonder how those who offer high quality content via their own free website will continue to thrive.
You would see marketers justifying these products by saying that the customers were suckers for not reading the TOS or that nothing was wrong with rebilling(citing Netflix,which is totally different; people knew it was a subscription unlike with these shady stuff) and stuff like that. It was amazing the lengths people went to fool themselves into thinking they weren't ripping people off.
I thought this was yet another snakeoil article posted on hackernews. Too many of them around these days. (Markov chains for stock market profit?? Parsing stuff and oh-check out-my-awesome-SaaS?? Installing stuff and oh-click-my-DO-affiliate-link??) Turned out to be a humblebrag with no new insights into the affiliate networks. I think it basically states that the train has left and you are 10 years late.
I enjoyed reading this because it's not something you usually see publicized. And as a single data point leads me to believe that there are some people really doing well with these sort of tactics - just not talking about. It's like the blackjack card counters in 1980's and 90's. They were successfully employing a system to pull money from casinos - but weren't talking about it. It was only when the MIT Team started…
Like many, I was tempted into these same areas - driven by success stories and my own technical knowledge which fooled me into thinking it would be "easy". What I found is there's lot of money to be made in... telling people how to make money! Those guys like Shoemaker who have an almost cult following end up making an empire on those in the "pyramid" below them. Not to say this is shady, just that the real "riches"…
To be honest, HN is full of this stuff too - Double your freelancing - Guys who create a not-very-well-known startup and then start pushing guides on how to be successful - Email marketing, write 3 tutorials on topic X to build your list and then spam your ebook. Don't get me wrong, things are better targeted and less shady. It just feels like people spend more time selling their systems than they do using them. It l…
The final stage is selling miners to other mining companies.