D
DeletedUser397
Guest
Sorry if this has been discussed before, but I had trouble searching for exact threads on the topic.
To those of you who have done well in the Internet / mobile space, what do you think of the ad-based revenue model? Facebook and larger sites were built on this, but it generally means being in the red at first, or going the investor route.
The reason I ask is because I have a few fairly solid ideas that could be very "BIG" industry-shifting concepts, but from looking around it seems a lot of those such types of sites/apps aren't making any money but may eventually get bought by a bigger company or go for an IPO etc. My top idea is similar to a mix between Yelp / Amazon.
I've sort of set aside my random projects and side work aside to focus on 1 at a time and I'm trying to decide which 1 project to attempt first. I'm wondering whether I should start with small projects that simply generate some passive income (like ebooks that I know will make money for a fact), or focus all my energy into the one big idea that I think could have the most impact but has a fuzzier picture of actual revenue/profit.
Thanks for any opinions, experience, and/or advice/tips.
To those of you who have done well in the Internet / mobile space, what do you think of the ad-based revenue model? Facebook and larger sites were built on this, but it generally means being in the red at first, or going the investor route.
The reason I ask is because I have a few fairly solid ideas that could be very "BIG" industry-shifting concepts, but from looking around it seems a lot of those such types of sites/apps aren't making any money but may eventually get bought by a bigger company or go for an IPO etc. My top idea is similar to a mix between Yelp / Amazon.
I've sort of set aside my random projects and side work aside to focus on 1 at a time and I'm trying to decide which 1 project to attempt first. I'm wondering whether I should start with small projects that simply generate some passive income (like ebooks that I know will make money for a fact), or focus all my energy into the one big idea that I think could have the most impact but has a fuzzier picture of actual revenue/profit.
Thanks for any opinions, experience, and/or advice/tips.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today