stripe killed my business paypapl killed my business

anything that can kill ur business will . a third party as single point of failure will def kill ur business sooner or later .

having multiple backups multiple clouds multiple payment processors multiple platforms setup and ready to go as soon as your business is printing meaningful money is the least nowdays.

It’s also better to choose one where there’s no relying on a single or a few 3rd parties.

I like any type of business, like for example “influencers”, where you get your payments in a few big chunks, from many different entities, via wire transfer. Enterprise is like that, brokering €1mm+ deals is like that.

The only major disruption will be to anything content related. You will be able to generate blockbuster films/series for a thousand dollars. OF, P0rn basically for a few dollars. Instagram and tiktok profiles of fake people for a few dollars. Artists will be able to put out thousands of good songs a month and see what sticks, become big with one peraphs. You’re already able to generate articles/copywriting/books.

Since content will be free, the only value add will be in how much capital you have available to advertise.

AI is to digital content what china did to physical items. Only advertising money will make or break a product because anyone can go to an AI and have a great product instantly. Just like you can go to china and get a pretty good product instantly.

For reference, the businesses were social media and skincare related.

Apparently they only accept like 1% of the micro businesses in the world and you never ever get to talk to a human.

It is pretty much the same with every payment provider unless you have an extremely large volume of sales and your industry is at least kinda ok with them.

How did I fix this? well, I didn’t fix it per se. I stopped creating businesses that would require credit card processing.

I built a business targeted for high net worth individuals. Few, large individual transactions that you can collect with an invoice (payooner/quickbooks) or, better, a wire transfer.

maybe if you are a US company and need CC processing, go for authorize.net+some other company.. idk

now prolly worth a billion

damn that’s a x5000 return

overall, the only businesses that worked out for me out of 20 failed ones, were something that i myself wanted, had deep knowledge of and knew for sure other people wanted, was hard to get and that ppl were prepared to pay a lot for.

(Plastic surgery and Fame)

so I would say I was in the market, I knew the market, I was a customer, and then I created a product.

Apple with the Apple I and the iPhone on the other hand was an inflection point product.

OpenAI as well.

It’s crazy to say that all big successful companies are inflection type products. They’re the minority and it’s crazy unlikely to work out.

so what does that even mean? do you mean that they are doing traditional LBOs in emerging markets?

just a pretty dumb scam. they could have delivered half of them real followers plus a real Forbes feature for less than $15.000, providing a $35k profit, but this agency is a scam, not a real agency.