Q&A: Is this a good online business idea?

Question by Joe Tommy: Is this a good online business idea?
I’m 15 and would like to make a lot of money (50k-100k a year) online. I have a few online company idea, but I’m not sure if they are any good. Please don’t say I shouldnt post business ideas on yahoo, because i’m just looking for some feedback.

1. A company that gives advice about websites. Now a days, many new small businesses are getting websites. My company would provide a service where we could review their website, and offer advice about different aspects of the site (colors, content, ads, etc.). We could also build basic websites (using webs.com) for small businesses if they don’t have a website. But, we would provide an evaluation report for their site, and we would give a lot of advice for a price around $ 100-$ 200 per review.

2. I would start a digital music distribution/marketing company. A service called Tunecore.com lets people sell their songs on iTunes. My company would find new bands/artists and sell their songs on iTunes by using the Tunecore program (until we are big enough to sell right to iTunes instead of through Tunecore). We would charge a one time fee, and they could keep 100% royalties. We could also offer marketing services for the band such as website building ($ 100), social media marketing, reviews, etc.

I really like my first idea. I’m a little nervous about the second idea because the bands could go straight to Tunecore and sell themselves. Do you think my first idea could make me 50k-100k a year? If not, how can I make 50k-100k a year online? Any ideas (no scams please, or mlm programs). Thanks.

Best answer:

Answer by cork
SO who would pay YOU for advice?
When thousands of people with good advice can’t make a living now?

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