best business to be in

Discussion in 'General Marketing' started by sofy60, Apr 5, 2005.

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  1. #1
    best business to be in



    what would you say the best internet business website to start would be? Which market do you think will be moving the most in the next 5 years?
     
    sofy60, Apr 5, 2005 IP
  2. mkeen

    mkeen Peon

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    #2
    Gameservers more and more games are going to online multiplayer.
     
    mkeen, Apr 5, 2005 IP
  3. yfs1

    yfs1 User Title Not Found

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    #3
    I don't follow trends for the most part as they can dry up quickly. Long term the best business is the one where you have the most knowledge. You could tell me "Do it yourelf heart surgery" sites are the hot thing and where all the money is. But I wouldn't have the first clue so the chance of me making any money is minimal.

    I have extensive knowledge of all my subject area of my sites so I believe thats the key to success. You have to love your product whether its an information site or actual physical goods.

    I am sure that wasn't the answer you were looking for but if you are actually looking to start a business, I would go this route rather than try to predict what will be hot.
     
    yfs1, Apr 5, 2005 IP
  4. sji2671

    sji2671 Self Made Mind

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    #4
    After being self-employed for 10 years I would still say
    1/ Consumables
    2/ Subscriptions

    These can both be applied to the internet, so for long term stability and growth through a user base they both still have their merits.

    If your looking for a crystal ball as to what internet/computer related services will explode well.. I cant find my crystal ball.
     
    sji2671, Apr 5, 2005 IP
  5. Mia

    Mia R.I.P. STEVE JOBS

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    #5
    It's not a question of what is the best business to be in, but more knowing when to get out of that business :)
     
    Mia, Apr 5, 2005 IP
  6. mjewel

    mjewel Prominent Member

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    #6
    Stick to something you have knowledge of or a great passion to learn about. That's the key to long term success.
     
    mjewel, Apr 5, 2005 IP
  7. TheWebJunkie

    TheWebJunkie Banned

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    #7
    no one has mentioned adult sites and webhosting :p

    as the net continues to grow more and more servers will be required therefor more hosting companys are needed.

    And not alot to say about the porn industary but its not slowing down at all :)
     
    TheWebJunkie, Apr 5, 2005 IP
  8. wendydettmer

    wendydettmer Peon

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    #8
    We don't need more adult sites, we need more ethical adult site owners :)

    I'm sure there are some out there, but they don't make up the majority.
     
    wendydettmer, Apr 5, 2005 IP
  9. DarrenC

    DarrenC Peon

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    #9
    Excellent point! Probably why I have stuck to working in the travel industry - I'll never be a millionnaire but I love working in Travel. Online holidays have an exciting future, more people everyday are 'doing it alone' and booking their holiday online.

    Darren
     
    DarrenC, Apr 6, 2005 IP