I went back to my desk and checked out and and lavalife/web personals. I was really annoyed when I found out you had to pay for everything, I ended up telling the girl who introduced me to the sites that I could do better and make them for free, so I went and registered ... by Markus Frind CEO of Plentyoffish Read his entire blog here...Markus Frind started the renowned free online dating site Plentyof Costs vs Profits – knowing how much you need to spend will enable you to determine how much sales you need in order for the business to become profitable.
Let’s look at something we have all known about for a long time … Microsoft was founded by a goofy, “nerd” type name of Bill Gates (and a few other ‘nerdy types” he hung out with. Well Bill, fancying himself a pretty crafty and competent little upstart programmer took on the challenge … Microsoft is a very, very profitable company, but it sure was not founded to make money. Apple has more cash money than the entire US government. Well, actually, “Woz” was a real programmer “wonk” type and Jobs was his buddy …
Doesn’t matter what the exact details are, the common thread is that most of you interested in any job or business is, “how to make money”.
Well I could easily write thousands and thousands of words on that subject and still never even begin to exhaust the subject.
When Plentyof Fish came online, it was the only free dating site which was instrumental for its massive success later. Forming a team is Not Necessary – When starting an online business, it is not necessary to hire employees immediately. There are other money-making ventures other than adsense. Do not try to adopt business models that do not fit into your current one.
This is because almost all work, except for few technical issues, can be automated. Offline Marketing is Not Necessary - Offline promo is only good when there is a huge customer base. Pick out new things even from your competitors and do things better than them. When you generate traffic, it is good to look at other options in order to earn higher. For instance, turning your site into a paid one instead of being a free dating site. Also, aiming to expand to an already saturated market.