Is this a profitable online business idea?
Question by Will: Is this a profitable online business idea?
I would like to make six or more figures. I though first to start an online business buying wholesale office chairs or teen clothing, and selling it for profit online, but people say it wont be profitable. My new online business idea is a website where visitors can become members for free. Members can submit original songs and other members can listen, rate, comment, share, and chat with members. I would make money from ads and hope that enough traffic would get me profit. I could also make a suplementary e course on songwriting that I charge a fee per month. This site would cost a lot to make however, so I am not sure I should even attempt. What are your thoughts? Do you think this could make me six or more figures a year?
If not, how does one go about making six figures? Lisa Irby makes six figures from niche content sites with ads and affiliate products (I will try this method also). I am not sure about selling office chairs or teen clothing. Do you think it could be profitable?
Do you think my music idea site is any good?
Do you think any of my ideas could be profitable? Do you think any of my online business ideas could make me six or more figures a year? Thanks.
Best answer:
Answer by Rationality
I suggest you drop the “six figures” mantra and do this website if you think you’d enjoy it.
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