I hate even asking this, seems "to common" But just looking for opinions. Not going to name the niche but I will give you the quick rundown of the idea i thought of. Its nothing special actually, Its a social network site in a niche that has over 500,000 searches a month on google. Overall its an empty niche, no main activity sites besides one main competitor which is a message forum not a social network. The question was asked on that forum last year if there was a social network for this niche, people poined that poster to the facebook page and telling them to use the forum.
Site would have groups, events, the wall posts would be set to "all" so everyone can each others posts for the time being.
When using CENTS it hits all of the commandments except for Need, and Control for money(which i can add a subscription service or products at a later point) , but need is the most important one defenitly, but think of buzzfeed..etc, its not "needed" but its popular and a very smart business model overall, this niche is more of a hobby for people to do so its not "needed", also the way I would make money is through adsense first then sponsored ads for this niche specifically. Those are the only two drawbacks I can think of.
The traffic is there, just need to target it. To me its a possibility it could take off, 50/50. Personally it doesnt make a big dent in my day, can build the site myself quickly, domain is cheap, and I already have a FB page with this niche with some likes, not much but still enough to get it going, and I also have follow liker I can use to automate Social Media Marketing. To me its worth a shot, take off great, doesnt, no big sweat off my back.
Opinions off of what I said so far?
Thank
Site would have groups, events, the wall posts would be set to "all" so everyone can each others posts for the time being.
When using CENTS it hits all of the commandments except for Need, and Control for money(which i can add a subscription service or products at a later point) , but need is the most important one defenitly, but think of buzzfeed..etc, its not "needed" but its popular and a very smart business model overall, this niche is more of a hobby for people to do so its not "needed", also the way I would make money is through adsense first then sponsored ads for this niche specifically. Those are the only two drawbacks I can think of.
The traffic is there, just need to target it. To me its a possibility it could take off, 50/50. Personally it doesnt make a big dent in my day, can build the site myself quickly, domain is cheap, and I already have a FB page with this niche with some likes, not much but still enough to get it going, and I also have follow liker I can use to automate Social Media Marketing. To me its worth a shot, take off great, doesnt, no big sweat off my back.
Opinions off of what I said so far?
Thank
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. :-)
Last edited by a moderator:
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