web based business
Discussion
I would be grateful for some advice. I have ideas for 2 website based businesses but don’t know where to turn to get things moving. I have no capital to invest and with a full time job, mortgage and 2 young children am not in a position to take major risks.
The first idea has been thoroughly thought out and I have spent 100’s of hours on research etc. Whilst close friends and family think it is a good idea it is very hard to gauge the true potential. The other issue is that I think start up costs would be tens, if not hundreds of thousands.
The second idea is just an idea at this stage.
Any wealthy backer with previous web success is welcomed(!), but really it would just be useful to know how I can get a market opinion on the quality of the ideas. Thanks.
The first idea has been thoroughly thought out and I have spent 100’s of hours on research etc. Whilst close friends and family think it is a good idea it is very hard to gauge the true potential. The other issue is that I think start up costs would be tens, if not hundreds of thousands.
The second idea is just an idea at this stage.
Any wealthy backer with previous web success is welcomed(!), but really it would just be useful to know how I can get a market opinion on the quality of the ideas. Thanks.
covmutley said:
Any wealthy backer with previous web success is welcomed(!), but really it would just be useful to know how I can get a market opinion on the quality of the ideas. Thanks.
Nightmare is already here, so saves me copying and pasting it to him I'm sure if this progresses we'll all have a beer
J
As I have found out, good ideas come a poor second to marketing.
If you are an expert in internet marketing you can sell anything, without any knowledge of IM you'll sell nothing, regardless of how good the idea is.
For example, a good friend of mine who is an excellent internet marketeer is selling calenders, pics and other such crap of his good friend and male model. It really is a load of old tat, but he's making $20K a month from it. He also sells an online coaching programme which he makes $50K a month from, in a very small niche.
On the other hand, another friend of mine and fellow Martial Arts instructor has a website selling instructional videos on a popular subject in which he is the world authority and makes sales of £500-£800 per month.
If your business is solely going to be online and your not adept at internet marketing I would strongly advise against investing large amounts of capital until you know how to market the 'good ideas' that you have.
If you are an expert in internet marketing you can sell anything, without any knowledge of IM you'll sell nothing, regardless of how good the idea is.
For example, a good friend of mine who is an excellent internet marketeer is selling calenders, pics and other such crap of his good friend and male model. It really is a load of old tat, but he's making $20K a month from it. He also sells an online coaching programme which he makes $50K a month from, in a very small niche.
On the other hand, another friend of mine and fellow Martial Arts instructor has a website selling instructional videos on a popular subject in which he is the world authority and makes sales of £500-£800 per month.
If your business is solely going to be online and your not adept at internet marketing I would strongly advise against investing large amounts of capital until you know how to market the 'good ideas' that you have.
Gassing Station | Business | Top of Page | What's New | My Stuff