I'll admit that I'm having too many reservations about going into the web hosting business. These reasons seem to convince me that I should make my investment on another endevour.
1. I poured throught 1000's of possible names. Even offered to pay $100.00 cash if someone could come up with a name. Also, offered years of free hosting. The simple problem is they are all taken! This points to an oversaturated market.
2. In a market this saturated, I CAN provide good service. The only problem is the pay would be so low that I would either break even or not have enough to pay for my gas. I really would like to do something that I can make money on. Lets say a few years down the road, I would like to have a good part time income at the very least.
3. For right now, I'm holding back those investment funds. That's good money that could be spent on going back to college, upgrading my home, and well lots of goodies. Of course, If I come up with a more lucrative business plan, I may certainly change my mind. For now, web hosting just does not seem to pay very well.
1. I poured throught 1000's of possible names. Even offered to pay $100.00 cash if someone could come up with a name. Also, offered years of free hosting. The simple problem is they are all taken! This points to an oversaturated market.
2. In a market this saturated, I CAN provide good service. The only problem is the pay would be so low that I would either break even or not have enough to pay for my gas. I really would like to do something that I can make money on. Lets say a few years down the road, I would like to have a good part time income at the very least.
3. For right now, I'm holding back those investment funds. That's good money that could be spent on going back to college, upgrading my home, and well lots of goodies. Of course, If I come up with a more lucrative business plan, I may certainly change my mind. For now, web hosting just does not seem to pay very well.
Comment