Is The “Rich Jerk” Bankrupt?
Wednesday, May 23rd, 2007 at 11:54 am by Anik Singal
This is definitely the “eye-catcher” of the day for me. As I was doing my “blog rounds” today, I landed on a very shocking post by Shoemoney where he talks about how the Rich Jerk is selling out to avoid bankruptcy!
Apparently the business was found for sale at this website…
There were actually a few things I was shocked to learn by reading this story.
1. The Rich Jerk had investors.
2. He “apparently” blew all the money on buying advertising that — I guess — didn’t work.
3. The rumor that he’s doing this to avoid bankruptcy!
I don’t know about you, but I was under the impression that the Rich Jerk was VERY successful and making MILLIONS! As I sit here and read this story there are a few things that come to mind.
First of all, this could all be a rumor or some “marketing ploy” - I mean it IS the Rich Jerk, who knows with him!
Secondly, I guess we should not believe all the hype we see! No doubt, there was some great marketing behind The Rich Jerk, but if the story is true, I can’t help but question whether all the marketing was TRUE?
Thirdly, we should all remain a bit humble in our life, don’t ya think? 
Don’t get me wrong, I actually admired The Rich Jerk empire in many ways. It was some of the most clever marketing I’ve seen in years. I also never doubted that he knows his stuff, he seemed to understand PPC better than most affiliates/marketers that I personally know (certainly seemed to know it better than myself).
I also learned quite a bit from him. My marketing in many of my niche has changed to be more edgy - to be a bit more outrageous and “buzz worthy.” No doubt I’ll never go as far as The Rich Jerk went, but hey, it worked!
So my note to Rich Jerk - “Sorry you have to go through this bro…you sure did have an attitude, but just WATCHING you market, I learned more than I probably have learned from 10 marketing courses. I wish you the best of luck. I also hope that this truly is all a great big rumor!
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