Quote:
Originally Posted by dyna mo
that really is an interesting angle to this that i've often pondered when i look at the success those site have and try to mimic that in my bootstrapping start-ups, which i love to do. it's hard to think big yet focus on a niche but these sites did that.
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Well, it's the fact IMHO.
Everyone wants to be the next BIG THING. When you can easily be the BIG THING in your local area and make a mint. If you made the BEST dating site for your area, I am sure you could get a few hundred people to pay for it. If you made the BEST ad network for your area, providing the best targeted ads and data mining for your clients and advertisers, you would make a mint LOCALLY.
As you refined your process, if it was any good, it would expand beyond your local market. College students would rant and rave like they did with these other things, and take them back home and they would spread if you provide a good service. Over time, if you have a good idea, you would be forced to expand.
Maybe it's because I have always worked in niche, and on a smaller scale I see things this way. But I never thought of the online game of being the next..... Yahoo/Google/PornKing whatever. I only wanted to dominate my own little market.
If I can make $10/20K a month locally on a good idea. That is more than I would never spend a month based on my lifestyle. I would still become a millionaire by default in time. Frankly, I think people spend so much time thinking of being the king fish, they never learn to swim or actually BUILD the better mouse trap as it were.
