my mother has been teaching since I was little money management since I was a child..
Originally Posted by Secret_Amore
Yep, money management is important for any self-employed person, especially in a cash-only business like providing. Same applies to GC dancers.
But that's the back end. I won't pretend that I can do anything about any of the behavioral pathologies - compulsive spending, bad relationships, or substance abuse - that lead to impoverishment.
I'm talking about the front end - the MAKING money part. There's an old saying ... "You can't save your way to prosperity, but you can spend your way to poverty." You have to make it before you can save or spend it.
The fee-based consulting business I envision is focused on the business side of providing - marketing, advertising, promotion, positioning, and lots of other B-school buzzwords. Some ladies learn enough along the way, but make a lot of mistakes in the process. No reason why someone with real business savvy, focused on the unique features of the adult entertainment industry (providing), shouldn't help the younger ladies avoid those mistakes.
Adult businesses - strip clubs in particular, but not the strippers - employ the full range of professionals that any other business does. Where would any business be without accountants and lawyers with special expertise in the industry that employs them? Why can't providers have a professional evaluation of their business plan (assuming they have one)?
A Dallas-based provider I saw shortly after I started hobbying was fairly new to the business then, was getting $150/hr and had mediocre reviews. Over a period of about a year, she underwent a complete make-over and is now a premiere provider getting $350/hr and apparently is doing quite well. The make-over was not cosmetic. She radically changed her approach to the business.
Her transformation might have been spontaneous, but my guess is she had professional assistance. Whether she was charged for that service, and how much it was worth, is something a motivated entrepreneur might be interested in exploring for the two thousand or so providers in the Houston-San Antonio-Austin-Dallas market.