Q&A: Could this be a profitable online business idea?
Question by Mike: Could this be a profitable online business idea?
I want to make six or more figures a year online. I thought about an ecommerce business selling office chairs or teen clothing on my website, but it would be hard to make money since their is so much competition. 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, share with friends, comment, rate, and chat with members. I would make money from advertisments on the site, and maybe a supplementary ecourse (monthly subscription) that is a course on songwriting. Do you think this online business idea could make me six or more figures a year? This website would cost a lot to make (web design firm since i dont know html), so I am wondering if it is even worth attempting. What are your thoughts?
For another online business, I could make a website with content on a topic. I would have ads, and affiliate products making me money from the site. I would do this online business with the idea above to ad to my income.
Do you think the music sharing website could make me six or more figures a year? What are your thoughts on the online business ideas? Thanks!
Best answer:
Answer by Angel
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I hope this helps!
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