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How long would it take to receive first paycheck?
04-30-2013, 12:19 PM
Post: #1
How long would it take to receive first paycheck?
If someone created and launched a social network BETTER than facebook, approximately how long would it take them to begin receiving money from ads? Weeks? Months? Years?

*By receiving money, I mean money for personal use, NOT for funding the site?
Thanks in advance!

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04-30-2013, 12:30 PM
Post: #2
 
There's really no definitive answer to this. And there's so many important things you didn't specify - for example, is this project being funded by a $50,000 loan from your parents, or did another Peter Thiel swoop in and say "This is going to be huge; here's $10 million to make it work"?

And of course, the question of whether the money is going for personal use or being re-invested back into the site is one that only the President or partners in the company can make.

I mean, I could theoretically stick up a website, write "SOCIAL NETWORK BETTER THAN FACEBOOK" on it in large letters, attach Google Adsense to it, tell all my friends to look at it, get a $5 check from Google, and cash it, all in the space of a week.

That satisfies the specifications of your question, but it's obviously not what you had in mind...

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04-30-2013, 12:46 PM
Post: #3
 
Ad revenue must be paid BEFORE the ADs run - so immediately within 30 seconds of launching your better than Facebook social network.
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04-30-2013, 12:54 PM
Post: #4
 
Hm probably some weeks.
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04-30-2013, 01:09 PM
Post: #5
 
I would say a few months depending on how actively you market your site.
A few months because that is how long it would take to get traffic from the search engines.

However, without knowing what you are doing there's a big chance you wont make a penny. And it will most likely not be better than Facebook ;-)
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