Becoming ~Rich~ in Directory Business??? Is it possible???

Discussion in 'Directories' started by seoboyuk, Feb 17, 2007.

  1. #1
    Any rich guys out here who has made a fortune in directory business? :cool:

    Its 2007 not 1998. Any chances of getting rich entering directory business after this long where market almost dominated by biggies?

    Just curious!!!;)
     
    seoboyuk, Feb 17, 2007 IP
  2. Richie_Ni

    Richie_Ni Illustrious Member

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    #2
    Well,it's possible!
    But before becoming rich,you need to become poor at first. :p
     
    Richie_Ni, Feb 17, 2007 IP
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  3. wwws

    wwws Notable Member

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    #3
    [keyword]Innovative[/keyword] will get you there, if your going to be like most of us, the answere is no.
     
    wwws, Feb 17, 2007 IP
  4. xc06

    xc06 Notable Member

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    #4
    If you own a PR 9 directory, you can be rich.;)
     
    xc06, Feb 17, 2007 IP
  5. smub

    smub Notable Member

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    #5
    very well agreed with wwws

    if you think you can get a category dump and start a directory (than i'd say forget about it)

    but if you have something new to offer to the industry ... u will very well be rich ... it takes time, effort, motivation, devotion.....
     
    smub, Feb 17, 2007 IP
  6. alpalino

    alpalino Peon

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    #6
    If you have lots of quality directories then maybe. But with a single directory it is very difficult. So the answer is yes or no. I have one directory and stil not rich ;)
     
    alpalino, Feb 17, 2007 IP
  7. LogicSystemData

    LogicSystemData Guest

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    #7
    I agree with you.

    There are betters ways to make money.

    Regards
     
    LogicSystemData, Feb 17, 2007 IP
  8. toby

    toby Notable Member

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    #8
    well, i'm kind of dissapointed with directory business. So far, I have spend moderate sum of money into my directory and the response was very well limited. So far only big players bought from me:Mystik media, for example. The rest are from gambling sites etc. hhmmmm..

    Well, i'm not going to give up though and will continue to promote that directory of mine.
     
    toby, Feb 17, 2007 IP
  9. britishguy

    britishguy Prominent Member

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    #9
    Really its like any business you will get out it an amount, relative to the amount of time and effort you put in to your Directory
    For those who work hard and have sustainable marketing & support programs
    You will see a strong ROI
     
    britishguy, Feb 17, 2007 IP
  10. an0n

    an0n Prominent Member

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    #10
    Yes, that is what I always say, and have been and done.

    The key is to innovate for yourself, and not for someone else to get fat and rich off of.
     
    an0n, Feb 17, 2007 IP
  11. MeetHere

    MeetHere Prominent Member

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    #11
    You can become rich if you build a quality directory and for that you must spend some money in start..
    Take examples of onlinedude, mystickmedia, ask, britishguy etc
     
    MeetHere, Feb 17, 2007 IP
  12. popotalk

    popotalk Notable Member

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    #12
    I don't know the word exactly as becoming rich. But what I do know as the same in any other business when you work hard and put dedication on what you do the success would be at hand.

    Competition is on all walks of life wherever you go. You might see how many dental firms out there but what attracts you to go to such specific place. I do own a cleaning and restoration business but I'm doing well. Not Rich but doing well. ;)

    Here us http://www.rjcleanrestore.com/rj_staff.html
     
    popotalk, Feb 17, 2007 IP
  13. w3bmaster

    w3bmaster Notable Member

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    #13
    If you go in a business having in mind only Money you have many chances to not succed ...
     
    w3bmaster, Feb 17, 2007 IP
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  14. banless

    banless Peon

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    #14
    I guess it would depend on what you call rich. Some people want to be rich in terms of money, others want to be rich in terms of happiness. And I agree with w3bmaster that you should not go into any business with only money in mind. Think about your customers first (something I myself am learning more and more about) and then your wallet. For the customers are the ones who in time will make you rich.
     
    banless, Feb 17, 2007 IP
  15. malcolm1

    malcolm1 Prominent Member

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    #15
    Hello...

    To achieve greatness and or profits you must be a leader and not a follower.
    What i mean is dont be scared to try somthing new if you think it can aid or help the industry or yourself.

    I have every intention of operating over a thousand paid directories with only the best mods installed on all,so as to make the difference clear and easy whos really the best and most powerful leader in our industry. I hope to stop the fly by nites directories that are built and soon after closed and made into whatever.
    If i can offer webmasters more then others can at lower prices then this will become reality as we will be setting the New standards with all having the newest resources available.

    much success to you...

    thx
    malcolm
     
    malcolm1, Feb 17, 2007 IP
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  16. donttrustthisposter

    donttrustthisposter Peon

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    #16
    Million ways to make a million bucks, capitalism rocks. :D
     
    donttrustthisposter, Feb 17, 2007 IP
  17. Affili-IT

    Affili-IT Peon

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    #17
    1000 directories?

    Dude in the time it would take to set up 1000 paid directories that people want to submit to, you could make 10x as much doing other things with that time and money.

    Plus, by the time you make 1000 directories, nobody is going to pay for run of the mill PR4 directories, the paid industry will be run by PR6+ and nobody will pay for anything less. I know PR doesn\'t mean shit, but PR is one of the things people pay for.

    You\'re better off concentrating all of your money and efforts on a PR7-8 directory, and using the other resources to fund different projects. Don\'t put all your money into 1 thing, directories could die and you\'d be screwed.
     
    Affili-IT, Feb 17, 2007 IP
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  18. syted

    syted Notable Member

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    #18
    If you believe this, you can ;)
    http://forums.digitalpoint.com/showthread.php?t=246553
     
    syted, Feb 17, 2007 IP
  19. malcolm1

    malcolm1 Prominent Member

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    #19
    What makes you think that....

    1. Im investing all my assets into just this arena?
    2. that i cant upgrade units to accomadate new leading tech?
    3. that the directory industry is getting killed any time soon?

    You may not know much about my work ethics but i can tell
    you that others are helping build and projected completion date set
    is set a little over a year 1 year.

    PR7-8 Directories....Yes PR does matter! and that will come with time naturally and a little help
    from My Network and other networks with blogs and such.

    While i appreciate the advice so
    .... Let me offer you some back..

    Get out of affilaited programs.... be a leader not a follower..."with respect i mean"

    I usually DONT jump into swimming pools Containing No water ;)

    thx
    malcolm
     
    malcolm1, Feb 17, 2007 IP
  20. coolsitez

    coolsitez Well-Known Member

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    #20
    I think its possible but not easy. I do run a directory with a business mindset. But I don't try to be rich with it.
     
    coolsitez, Feb 17, 2007 IP