I know this guy who has had over 50 businesses, and now he wants to start something on the internet. He is not internet savvy, he asked me the question, if I had "unlimited funds" (don't know exactly how unlimited, but the guy has money) and could start any busines I wanted on the internet, what would it be? Any ideas? It has to be something profitable, legitimate, and realistic.
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If you wanted to start a new internet business, what would it be?
- Thread starter sven1607
- Start date
IceBergSLiM
Lifer
fully saturated market with slim profit margins isn't the business i'd dump money into.
Yep, things like that are mostly a commodity businesses these days...
OP, this is an excellent ebook written by some very successful people (inventors of Ruby on Rails and quite a few profitable, high profile "web 2.0" businesses). It'll give you a very good idea of non-commodity internet business.
Enjoy
Well, here's what I came up with.
Gambling: Find a way for Americans to gamble online somehow. How? No idea, but if it could be done, it would be incredibly profitable.
Porn: Biggest money maker online, but the competition must be massive.
Gaming: Not sure how much money is there, but I'm guessing it would take a long time to create a game and get a lot of people to join.
Sales: Need a unique item, or an incredible price point on something everyone else is selling. Possibly importing items and selling to resellers here in the states, but what item(s)?
Advertising: Good money, but lots of competition.
Web design: Lots of competition.
Something for the older generation: Old folks are quickly becoming the majority, what kind of web based business can take advantage of this?
That's what I've come up with so far, any other ideas?
Gambling: Find a way for Americans to gamble online somehow. How? No idea, but if it could be done, it would be incredibly profitable.
Porn: Biggest money maker online, but the competition must be massive.
Gaming: Not sure how much money is there, but I'm guessing it would take a long time to create a game and get a lot of people to join.
Sales: Need a unique item, or an incredible price point on something everyone else is selling. Possibly importing items and selling to resellers here in the states, but what item(s)?
Advertising: Good money, but lots of competition.
Web design: Lots of competition.
Something for the older generation: Old folks are quickly becoming the majority, what kind of web based business can take advantage of this?
That's what I've come up with so far, any other ideas?
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