Forums: Discussions for entrepreneurs and small business.

Hello Budding Entreprenurs,
                      I am very desperate to start a website based business. My background is in Information technology. I have around 4 years of experience in Java/J2EE web development and I have interest in finance and movies. I have heard about lot of people making money through online advertising. I am really looking forward to try my luck too. Can anyone please suggest me some ideas for my website ?

Thanks,

If you decide to build a business catering to online advertising, consider the massive amount of competition you`ll be facing. Everyone seems to want to make money from someone else`s efforts. What would you do to stand out and attract enough viewers to make advertising in front of them interesting to businesses? Which businesses?

On the other hand, if you were to build a business offering a new, unusual, unique, or interesting product, service, or presentation, you would have solved the above problem.

What it comes down to is that lots of people would like to start a business doing nothing but living off of someone else`s work, products, labor, efforts, and so forth. It`s why so many people never start a business or why so many businesses fail within the first year. Nobody cares.

So: Where does that get us?

You say you have an interest in finance and in movies, and that you`re a skilled Web programmer. What do we know about finance and movies that might be useful or interesting to the world at large?

Have you noticed that many times, particularly around Christmas, the news includes stories about the gross revenues by movies? Is there a way you could introduce a service that would offer quick look-ups and consolidated statistics about the financial side of movies? It could also include, maybe at a later date, an area for people looking for producers and financing, maybe for indie movies.

I`m thinking of something like RealClearPolitics, which started with the idea of bringing together information from many scattered sources, putting it all in one place, and making it easy to see patterns and comparisons.

The amount of information on the Web and in the world is so vast, increasing exponentially, that our number 1 problem in modern society is FINDING something! Automated search engines are one option, but they don`t always understand human questions. To that end, an increasing number of directories and libraries are combining technology with human thought. I`m thinking of things like Open Web Directory.

Who`s doing something like the Hoover financial site, focused entirely on the film industry? Does Billboard magazine have a lock on the entire market? Could you do better?

Thanks Craig. I really like the idea. But, my enthu went down, when I saw a website doing similar things. it`s called boxofficereport.com. Can you suggest something, which is better than what this website is doing or some other better idea.. ?

Many Thanks

Think about this..

If you start an online advertising company and your idea is that good, there are plenty of juggernaut companies who have a good chance of wiping you out or redoing your idea faster and with more money. It can be daunting. I`d be careful.

On the other hand I have to agree with Craig. Try your hand at something unique and niche. Implement your own way of advertising into that and all of a sudden it`s your unique business that`s fueling a number of things.

I`ve heard time and time again from investors that they turn away companies with a revenue model based on advertising. Build into your company a few ways of making money, so when one of them doesn`t pan out, the others may.

Good luck and message me if you ever have questions. I have a good bit of experience!

Collin



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Collin Cummings
President, Drop Box, LLC
dropboxmail@gmail.com

All people ask the same question and get many replies to their queries, don’t know whether there are really benefited. There are lots of ways to make it going online but if my opinion is to be considered I think that you should make a good research before you indulge in anything. So creating your own video sharing website is a very good idea to earn money. I also made a site couple of months ago with help of omnisoftsol  OmniSoftSol develops web solutions designed to make you serious profits. His VidsharePro is a video sharing script that not only allows anyone to start a video sharing website, but also allows anyone to sell digital as well as physical products on their video sharing website.

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http://firstimpressionadvertising.com

Thanks Guys. I think the key is to come up with some idea. I am thinking !!!

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