- Joined
- Apr 26, 2018
- Messages
- 377
Rep Bank
$1,055
$1,055
User Power: 123%
My (3rd world) country has a poor internet market, however, that is rapidly changing, probably due to:
-broadband becoming affordable and widespread in the last 10 years
-computer literacy growing in the same time frame
-the recent implementation of payment gateways (our version of paypal etc) so that people could create e-commerce stores etc (the first was created within the last 5 years).
It's a prime opportunity, and I feel like it's a race just beginning.
I had an idea for an online classifieds a few years ago that I didn't give much thought because I didn't know how to build websites etc. In the last year, I saw this idea come to life better than I could have when I thought of it. The classifieds website was imported (from LARIXON CLASSIFIEDS) and simply unpacked for our country. I imagine the local company that started it only pays Larixon some recurring fees/commissions and the rest of their budget goes into marketing. It goes without saying that they will be making tons more money from users choosing their paid advertising options. Had I known about solutions like Larixon back then, I might have been able to do it myself.
I am almost jealous of the model of the classifieds. Relatively low startup costs compared to the ROI, no physical products to move, just ads, but yet with massive income potential. My question is, do you all have any ideas that follows that model of low startup costs, and great potential?
I could only think of online dating.
Thought I'd ask in case other ideas I can act on before someone else does. Not trying to delegate the hard work of thinking, but I don't know what I don't know and perhaps someone might be able to give sight where I am blind.
Thanks.
-broadband becoming affordable and widespread in the last 10 years
-computer literacy growing in the same time frame
-the recent implementation of payment gateways (our version of paypal etc) so that people could create e-commerce stores etc (the first was created within the last 5 years).
It's a prime opportunity, and I feel like it's a race just beginning.
I had an idea for an online classifieds a few years ago that I didn't give much thought because I didn't know how to build websites etc. In the last year, I saw this idea come to life better than I could have when I thought of it. The classifieds website was imported (from LARIXON CLASSIFIEDS) and simply unpacked for our country. I imagine the local company that started it only pays Larixon some recurring fees/commissions and the rest of their budget goes into marketing. It goes without saying that they will be making tons more money from users choosing their paid advertising options. Had I known about solutions like Larixon back then, I might have been able to do it myself.
I am almost jealous of the model of the classifieds. Relatively low startup costs compared to the ROI, no physical products to move, just ads, but yet with massive income potential. My question is, do you all have any ideas that follows that model of low startup costs, and great potential?
I could only think of online dating.
Thought I'd ask in case other ideas I can act on before someone else does. Not trying to delegate the hard work of thinking, but I don't know what I don't know and perhaps someone might be able to give sight where I am blind.
Thanks.
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
