MrE
Senior Member
- Sep 16, 2008
- 852
- 3,286
A few good posts so far, mainly that IM can be highly volatile; I think the takeaway is to be smart with your money and live well within your means for when rainy days come.... and they will. I've seen a ton of fast money guys come and go in this industry over the last decade, completely destroyed when the taps shut off. It would be wise to have some different streams of income that don't rely purely on one traffic source or income method.
My take is the big boys across the board have declared a war on "fake", and are grabbing for control and centralization. You can see it with content, reviews, verifications, and it seems like that has blown back to payment processor & site crackdowns for fake followers, social actions, reviews, etc. That's the easiest way to kneecap the industry, restrict the flow of cash. I think your idea is good that you should branch out to a few different payment processors and even offer slightly cheaper rates for skrill, payoneer, btc, whatever, and have PP for a last resort for buyers who insist on it. Get a few accts and setup some front sites that sell web design services, SEO or whatever and run the processing links through there to try mask your site.
Things change, crackdowns occur, pivots and re-imagination is required to constantly reinvent yourself. There are a lot more new platforms and opportunities coming online everyday than are being shutdown or restricted, every year I spend a week scouting platforms and playing with new features to think about how things can be weaponized or where there are holes. I constantly have a list longer than Santa of ideas to swap in if other things break.
Take some time offline to recharge, then look yourself in the mirror and decide if you want it bad enough or pack it in and go grill hot dogs in a grungy cramped food truck to just barely pay the bills. You decide.
My take is the big boys across the board have declared a war on "fake", and are grabbing for control and centralization. You can see it with content, reviews, verifications, and it seems like that has blown back to payment processor & site crackdowns for fake followers, social actions, reviews, etc. That's the easiest way to kneecap the industry, restrict the flow of cash. I think your idea is good that you should branch out to a few different payment processors and even offer slightly cheaper rates for skrill, payoneer, btc, whatever, and have PP for a last resort for buyers who insist on it. Get a few accts and setup some front sites that sell web design services, SEO or whatever and run the processing links through there to try mask your site.
Things change, crackdowns occur, pivots and re-imagination is required to constantly reinvent yourself. There are a lot more new platforms and opportunities coming online everyday than are being shutdown or restricted, every year I spend a week scouting platforms and playing with new features to think about how things can be weaponized or where there are holes. I constantly have a list longer than Santa of ideas to swap in if other things break.
Take some time offline to recharge, then look yourself in the mirror and decide if you want it bad enough or pack it in and go grill hot dogs in a grungy cramped food truck to just barely pay the bills. You decide.
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