Hello everybody! Recently I have been doing a lot of research on my business venture. This will be my first major attempt at a business. I plan to create a website in which you could integrate all your social networks into one social network. It would not be a new type of social network, but a collage of all your networks in one website. Similar to a website called www.hootsuite.com but this website will involve having a profile with all your social networks on it. I believe in technical terms it would be API's.
I have done the research and I this is my plan: raise money, Create a photoshop design of the website and show it to a Proposer on Elance, have a team create the website! Sounds good right?! Well I have a couple questions which I know you guys can help me with
How would my website make money?
I know websites such as Facebook, twitter, and other social networks make money off of advertisements, but is that the only way to make money? Because I don't want to load my website up with a lot of adds. Or what if I made it into a subscription website? But that would draw less of a crowd. I am confused on how I would make money.
What happens after my website is complete?
After my website is complete I can buy a domain, I can create a Google Analytics account or something similar. But how would I manage profit? How do I keep up on coding and keeping my site from crashing?
I have seen many posts on how to create a website, but I haven't seen a forum on what happens after you launch a website. Basically I am asking how I would manage my website after I launch it?
Also, what do you think about an Entrepreneurship major? I am a senior in high school planning on majoring in computer science and entrepreneurship but many people have told me that entrepreneurship is not a good idea.
Thank You
-Anthony C.
I have done the research and I this is my plan: raise money, Create a photoshop design of the website and show it to a Proposer on Elance, have a team create the website! Sounds good right?! Well I have a couple questions which I know you guys can help me with
How would my website make money?
I know websites such as Facebook, twitter, and other social networks make money off of advertisements, but is that the only way to make money? Because I don't want to load my website up with a lot of adds. Or what if I made it into a subscription website? But that would draw less of a crowd. I am confused on how I would make money.
What happens after my website is complete?
After my website is complete I can buy a domain, I can create a Google Analytics account or something similar. But how would I manage profit? How do I keep up on coding and keeping my site from crashing?
I have seen many posts on how to create a website, but I haven't seen a forum on what happens after you launch a website. Basically I am asking how I would manage my website after I launch it?
Also, what do you think about an Entrepreneurship major? I am a senior in high school planning on majoring in computer science and entrepreneurship but many people have told me that entrepreneurship is not a good idea.
Thank You
-Anthony C.
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