could shoemoney be full of it?

Status
Not open for further replies.


I think shoemoney is successful and a pretty shrewd individual, but do I think he likes to toot his own horn? Sure. Could he exaggerate his success and earnings? Possible/Even Likely. But I look at the information he provides and think much of it is a worthwhile read.

The concern I have about AuctionAds is that shoemoney has made it clear many times that scruples and morals are for losers when it comes to making money on the Internet... That money is King and all that matters.

Do I want to put data from my sites running AuctionAds in the hands of someone like shoemoney? Would I hand out my stats to anyone, especially someone who is a competitor? I'm going to pass. JMHO
 
This is a funny thread. The source of his income is in fact true. Some of the numbers may be a little high, and he should have done a little calculation on his subscription vs. PPC, etc. One of the main source sites does in fact get over 12,000 unique hits a day and he is making over $6K a day, just on Azoogle/YPN income. Couple that with subscriptions of which this one particular site has about 200,000 members and say only 10,000 of those signed up for subscription members ship, that's what... $2.4MM a year, plus the Azoogle/YPN income of $6K a day which is another $2.1MM a year and that income is half of his PPC income so that means he's doing close to $8MM a year. And that's just one site mixed among the PPC and leaving out the over thousand sites he has.

(And to note, I've known Jeremy for about 10 years and I've seen the numbers)

is this even possible? making million off of only 12,000 uniques per day? i do recall that digg was pulling in around 6k a day, but their user base is probably in the millions per day. now i KNOW digg's traffic is far, far greater than anything jeremy is dreaming up. they are in the top 100 websites online so their traffic is astronomical.

anyhow it seems quite unlikely that jeremy is making more money than digg.com but i guess it is possible.

the one thought to consider is youtube.com. youtube's traffic is probably greater than most sites can imagine YET they had to get two rounds of funding (all for less than $20 million). it is highly unlikely that jeremy was able to get more traffic than those sites.

now it is possible to make money off of subscribers, but you need at least 50k paying members at $10 per month to reach close to the numbers that jeremy is talking about.

i wont call shoemoney fishy, but it would seem highly doubtful that he has been able to do all of this from jan. 2005 til now with the numbers he is talking about.

still it is a great dream and something to shoot for. but ya about the article writer he definitely did nail it when he said that a person who is making millions can't pay off of his home (inexpensive home).

THAT sounds fishy. no envy here. just saying i dont make millions and all of my homes are paid off. :)
 
is this even possible? making million off of only 12,000 uniques per day? i do recall that digg was pulling in around 6k a day, but their user base is probably in the millions per day. now i KNOW digg's traffic is far, far greater than anything jeremy is dreaming up. they are in the top 100 websites online so their traffic is astronomical.

income is not so much a matter of traffic itself, but getting the right traffic.

digg users are so tech-savvy, they even shut off advertising at all by installing ad-blockers and such. at least for me, digg does convert like shit, so no wonder that digg is making that low money from their traffic. they just don't provide valuable leads.

the one thought to consider is youtube.com. youtube's traffic is probably greater than most sites can imagine YET they had to get two rounds of funding (all for less than $20 million). it is highly unlikely that jeremy was able to get more traffic than those sites.

lol. you have any idea, what a gigabyte of managed high-performance storage costs? i give you an idea: $30. a gigabyte. now sum that up with youtube's hardware demands and you know where their money goes :)

i am not aware that shoemaker is running any site tht has that much technological requirements, so once again it is not about the amount of traffic, but the quality of traffic. youtube users are 13 year old kids without a creditcard. shomoney's users are 11 year old kids who know how to fake credit card numbers and blow their captain cracker whistles to phreak ma ma bell's phonelines. you get the idea ;)

now it is possible to make money off of subscribers, but you need at least 50k paying members at $10 per month to reach close to the numbers that jeremy is talking about.

once again: this one of his ringtone sites / forum or whatever employs about 12 members of staff if i recall correctly. the same might go for a couple other of his ventures. deduct traffic costs, advertising and so on and so on and then you get close to his profits. all people like to talk about is his revenue, but that means nothing.

still it is a great dream and something to shoot for. but ya about the article writer he definitely did nail it when he said that a person who is making millions can't pay off of his home (inexpensive home).

if his investments make more money, than he has to pay interest on the mortgage, i would call anyone stupid who kills his equity by investing it into dead property. we know nothing about his investments so there are many possibilities why anyone would not pay off his house but pay interest instead.

THAT sounds fishy. no envy here. just saying i dont make millions and all of my homes are paid off. :)

maybe you would make millions if you would have invested that money into something else than your house then ;)
 
diggers are vehemently against all forms of advertising, that is why that traffic doesn't convert.

just look at the people doing ppc arbitrage, almost anyone can convert of 50% of their visitors with the right traffic.
 
I'm no Shoe fanatic, but please, you jealous skeptics are laughable with your excuses, finger pointing, and broad accusations.

Any idiot knows why "even" a millionaire might not pay off their mortgage. (I'll let you keep guessing)

(ps) For the rest of you morons with logic spewin' out ye'r ass, a fella' by the name of Warren Buffet lives in Omaha, Nebraska, in a house he paid $31,500 for.. he must be a fraud too, eh? no money in that guy's pocket..

Fact is, most of you don't have a pot to piss in, or you're living with your mommy and daddy and have no clue about real life.. Stop whining and being jealous.. Make some sites already..
 
is this even possible? making million off of only 12,000 uniques per day? i do recall that digg was pulling in around 6k a day, but their user base is probably in the millions per day. now i KNOW digg's traffic is far, far greater than anything jeremy is dreaming up. they are in the top 100 websites online so their traffic is astronomical.

anyhow it seems quite unlikely that jeremy is making more money than digg.com but i guess it is possible.

the one thought to consider is youtube.com. youtube's traffic is probably greater than most sites can imagine YET they had to get two rounds of funding (all for less than $20 million). it is highly unlikely that jeremy was able to get more traffic than those sites.

now it is possible to make money off of subscribers, but you need at least 50k paying members at $10 per month to reach close to the numbers that jeremy is talking about.

i wont call shoemoney fishy, but it would seem highly doubtful that he has been able to do all of this from jan. 2005 til now with the numbers he is talking about.

still it is a great dream and something to shoot for. but ya about the article writer he definitely did nail it when he said that a person who is making millions can't pay off of his home (inexpensive home).

THAT sounds fishy. no envy here. just saying i dont make millions and all of my homes are paid off. :)

At one time, in the same industry, I was making $200 a day just in Google Adsense income on 2000 unique visitors a day. It's quite possible to make 4-6k a day just in CPA income along with membership subscriptions. Coupled with other sites, it's possible that his income is in the $6-8MM range. Do I think he's in the $18MM range? I doubt that, but unless you're fact checking everything that you say, it's quite easy for someone to take those facts and turn them into something completely false. Just as this article did...
 
He is a great self marketing person and I like him. But one thing that has always bugged me is this....On his show, various interviews and posts, he has mentioned how in he knew nothing about SEO, SEM, conferences, API's, YPN, affiliate stuff, hosting, storefronts, even blogs (although he has backdated posts written in present tense from before he later said he thought about a blog) and so on. So he wasn't doing much until that conference, etc. He goes to SES San Jose August 8-11, 2005. That famous Adsense check is dated Sept 27th. Google pays for the previous month. So he goes home and implements stuff he learned and makes that amount in 20 days from the 12th to the 31st? Even if you did PPC with thousands of keywords, it takes time to get the words, ads and the general ball rolling. You could spend 111k and make 112k or lose money but the check would still be high. So the time period, check, comments and story just don't completely add up. But it sure got attention to make other things happen.
 
He is a great self marketing person and I like him. But one thing that has always bugged me is this....On his show, various interviews and posts, he has mentioned how in he knew nothing about SEO, SEM, conferences, API's, YPN, affiliate stuff, hosting, storefronts, even blogs (although he has backdated posts written in present tense from before he later said he thought about a blog) and so on. So he wasn't doing much until that conference, etc. He goes to SES San Jose August 8-11, 2005. That famous Adsense check is dated Sept 27th. Google pays for the previous month. So he goes home and implements stuff he learned and makes that amount in 20 days from the 12th to the 31st? Even if you did PPC with thousands of keywords, it takes time to get the words, ads and the general ball rolling. You could spend 111k and make 112k or lose money but the check would still be high. So the time period, check, comments and story just don't completely add up. But it sure got attention to make other things happen.

but maybe that is his secret. pretend you have made a ton of cash then go ahead and tell everyone in the world you have done it. i am sure a lot of ppl will bandwagon to your site and then you get a ton of subscribers.

but hey who knows maybe he is a cinderella story online?
 
but maybe that is his secret. pretend you have made a ton of cash then go ahead and tell everyone in the world you have done it. i am sure a lot of ppl will bandwagon to your site and then you get a ton of subscribers.

but hey who knows maybe he is a cinderella story online?

ALA the Rich Jerk. LOL.
 
Living in Lincoln is smart.... probably dirt arse cheap so he can afford a lot more of pretty much everything.

It is idiots who make 30k a year and live in LA or New York who are stupid.

I have seen Shoemoney around since I first got involved in the web publishing marketing business back in the middle of 2005. I consider myself a pretty good job of who is full of shit online and who is not.

I don't think Shoemoney is full of shit at all. I think he is legitimate. Is he a shameless self-promoter? Absolutely, but that is not necessarily a crime, especially when the benefits from him doing it are much less direct than you get from other people.

Do I think he sometimes mis-reads someone or something and goes off on a tangent where he is horribly wrong? Certainly, I have seen it a few times, yet he usually seems to come clean or at least make peace with it.

He is who he is... But I do not think he is a scammer, and I will straight up give him some credit for inspiring me in different ways that has me making a ridiculous income now.

Do I think Shoemoney knows everything about affiliate marketing? No, not at all, although I am pretty sure if you asked him he would tell you as much. I know some things he has said that I have found to be untrue. Not because he is lying, but simply because things didn't work for him that have worked for others.

I just glanced at that blog, but I don't know who that guy is. All I know is he is using the same blog theme as Shawn Hogan. Regardless, I could see his points are mostly without foundation. Not sure why anyone cares.

By the way, if this is a Shoemoney publicity stunt to blog about yourself in a negative way, thumbs up. :)
 
Status
Not open for further replies.