Resumes, cover letters

[basschick]

interesting you chose a bank. my uncle has been a banker for over 20 years and my daughter for 5 and her bf is a bank manager in a different chain of banks.

for years, banks have constantly been bought and sold. that causes management changes that lead to personnel changes. departments are being downsized or closed down entirely. a lot of banks now use temps so when the going gets tough, they can let them go without any unemployment. the economy is hitting banks - some are sharing managers between 2 branches, which means some managers are out of work. others are making people work longer hours, which means they need less employees.

our impression of certain businesses may be that they are secure and steady but the reality is often something else again.

[maxpower]

I could live with out Epoch and CCBill to tell the truth, I think something like that would open doors for me as I feed off the carcasses of all the dead sites :pirate: God I am Bad

But if Visa decides we are not worth the effort then, ya were FUCKED. That would really have to be the nightmare scenario, if I hard the money diversifying would be a good idea. This whole thing is extremely volatile and competitive but that’s the fun part.

Would love to know how you could get around Visa shutting down our accounts? I guess it would not involve adult sites at all, or maybe just download sites, or the OLD fashion DVD in the mail. I guess we would have to see what room Visa gave up to wiggle. :fucked:

Smart business owners, regardless of whether they are running a multinational pharmaceutical giant or a gay porn company, are always looking ahead, anticipating risks and changes in the business, and doing their best to mitigate the risks and diversify their revenue streams.

I've always viewed the adult online business as volatile.

As an industry, the online adult companies are better than 60% reliant on one single entity, the Visa cardmember association. Mastercard, Discover, and the smaller players represent a small chunk of the total processing volume, and I believe that AmEx prohibits porn entirely. What this means is if Visa suddenly decided to stop processing for adult -- which they could definitely do if they so desired -- revenues from adult websites would almost vanish overnight.

Likewise, if the two major banks who are underlying processors for Epoch and CCBill suddenly stopped processing adult (as many others have) or, even more likely, were acquired by Chase or First Data, both of whom prohibit porn, most everyone in the industry would be shit out of luck.

On the physical product side, downloadable DVDs will most likely marginalize the sales of physical product within a few years.

So... a smart business owner is aware of those things, and constantly is looking for strategies to minimize their risk, or at least spread it around by diversifying their revenue streams into related areas.

I don't think that it's wise for a high-revenue company in any field to limit their revenue streams to one form of business; diversification is key. So in that way, maybe Max is right that being *just* a corporate porn company is on the risky side. But I do believe there are ways to limit that risk.

[maxpower]

interesting you chose a bank. my uncle has been a banker for over 20 years and my daughter for 5 and her bf is a bank manager in a different chain of banks.

for years, banks have constantly been bought and sold. that causes management changes that lead to personnel changes. departments are being downsized or closed down entirely. a lot of banks now use temps so when the going gets tough, they can let them go without any unemployment. the economy is hitting banks - some are sharing managers between 2 branches, which means some managers are out of work. others are making people work longer hours, which means they need less employees.

our impression of certain businesses may be that they are secure and steady but the reality is often something else again.

This is true no company it 100% secure, but the whole Tec Industry in known for Boom and Bust cycles and really porn sites in general magnify this many times. I don’t know if I would be working at “Nate’s Sports Bar” ether if was that worried about long term stability.

[gaybucks_chip]

You want a safe business, go into toilet paper or funerals. Everyone needs to shit sometimes, and everyone dies :cowboy:

[desslock]

Brian - Consider adding this book to your Amazon Wishlist



A fantastic book with a witty title, which is derived from the following joke:

A panda walks into a café. He orders a sandwich, eats it, then draws a gun and proceeds to fire it at the other patrons.

“Why?” asks the confused, surviving waiter amidst the carnage, as the panda makes towards the exit. The panda produces a badly punctuated wildlife manual and tosses it over his shoulder.

“Well, I'm a panda,” he says at the door. “Look it up.”

The waiter turns to the relevant entry in the manual and, sure enough, finds an explanation. “Panda. Large black-and-white bear-like mammal, native to China. Eats, shoots and leaves.”

http://en.wikipedia.org/wiki/Eats,_Shoots_&_Leaves

[maxpower]

You want a safe business, go into toilet paper or funerals. Everyone needs to shit sometimes, and everyone dies :cowboy:

Did think about becoming a Baptist Preacher when I was a kid for about the same reasons. But I guess that dream died really quick :shorthair:

[CorbinFisher_BD]

haha I like it already.

[gaybucks_chip]

[QUOTE=desslock;188106]Brian - Consider adding this book to your Amazon Wishlist



I own this, bought it at a quirky bookstore in Santa Fe this summer. GREAT book. Not only very informative on issues I've always been a little funny on, but full of wonderful anecdotes and written in a lighthearted way.

[CorbinFisher_BD]

haha I like it already.

Re: the book, btw hehe