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Is this a good business idea?
10-15-2012, 08:36 PM
Post: #1
Is this a good business idea?
Hi. I'm 15 and I want to start my own online company. I want to make real money ($100-$300 a day), not kid money. I don't want to start an affiliate marketing business, but I want to start an online service company of some sort. Reseller hosting is a very saturated industry so here are my other ideas.

1. A digital music distribution/marketing company. There is a site called Tunecore which lets people sell their songs on iTunes. But for my company, we would find new bands/artists and provide that service for them. We would also provide a wide variety of marketing services. We could build band websites and market them on Facebook and other social networking sites. I could probably charge $100 for the site, and $70-$150 per album placed on iTunes (they would keep 100% royalties, they only pay the one time fee).

2. I found a free web script that lets you create a website where bands/artists can create profiles, share their music, and listeners can rate, share, chat, follow, etc. It is sort of like purevolume.com, but aiming at a smaller niche of new bands and artists. We would make money from ads and affiliate products Smile.

3. I've been looking, and they dont have websites that review bands. It might take a long time to write reviews though.

4. A website where people can buy and sell websites/domains. Like flippa.com, but I'm positive the industry is not really saturated, and I could make some money. I would charge a fee if the transaction is successful.

5. Lots of phone review sites go a lot into depth about phones, that it sometimes can be confusing. I have gotten a lot of feedback from elders saying that people in the phone stores are useless. I was thinking of making a site that reviews cell phones, but just gets to the point (who the phone is for, best features, pros, cons, final recommendation).

What other things could I do to make a lot of money ($100-$300 a day) online? Are any of my ideas good? Please don't say I should't post ideas on YahooAnswers, because i just want some feedback. I really want to know how to make a lot of money online.

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Messages In This Thread
Is this a good business idea? - Robert Weinstein - 10-15-2012 08:36 PM
[] - Bobby - 10-15-2012, 08:45 PM
[] - Noah - 10-15-2012, 08:45 PM
[] - Misael Thatcher - 10-15-2012, 08:45 PM
[] - Matias Murphy - 10-15-2012, 08:45 PM
[] - Jerome Tailor - 10-15-2012, 08:45 PM
[] - Sky Thatcher - 10-15-2012, 08:45 PM
[] - Sasha Stuart - 10-15-2012, 08:45 PM
[] - Hillary Mcdonald - 10-15-2012, 08:45 PM
[] - Branden Owen - 10-15-2012, 08:45 PM
[] - Kassidy Chandler - 10-15-2012, 08:45 PM
[] - Roberto Forester - 10-15-2012, 08:45 PM
[] - Max Lindstrom - 10-15-2012, 08:45 PM

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