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Well, talking about web businesses in general. I think there are a lot of these lifestyle web businesses around where people are making enough to support thems
by arn 16y ago
Well, talking about web businesses in general. I think there are a lot of these lifestyle web businesses around where people are making enough to support themselves, but are not crazy rich.
It's a bit of a contrast to the VC/silicon valley world where people get investments and try to build a massive business.
It's hard to quantify a failure rate when the cost of starting a web site is so low. I have 200+ domains, but only a few "real" websites. In some ways each of those un-used domains is a failure. :)
- lftl 16y agoWell, talking about web businesses in general. I think there are a lot of these lifestyle web businesses around where people are making enough to support themselves, but are not crazy rich. So true. Because the barrier of entry for most of these businesses is so low, you're competing against a huge pool for that $1k-$2k a month. You're competing against 3rd worlders to whom $1k-$2k is a TON of money. You've competing against stay at home moms for whom anything close to minimum wage they can do in downtime is perfectly fine, etc. You have to have something that makes your business not worth competing against for these people or they WILL do it for less.