Quote:
Originally posted by Mister X
There are no statistics kept for success rates but I think that first sites probably succeed less than half the time for sure. Mostly because of inadequate preparation and unrealistic expectations. Definitely it is hard to retain, convert and build traffic. Nobody is going to succeed the first week. And it might take 6 months to really get some money flowing. But it is possible. And sometimes you get lucky and have a big hit in a short time. Most of the first sites that fail are from guys that think it's easy money and buy a bunch of good or shitty content and put up a site that looks like 10, 000 sites that are already out there.
It's like any other business, including the software biz. You need a product that people want to buy. And it has to be better or cheaper than the competition. Of course it's pretty hard to make money by selling yet another new and improved popup killer so it only makes sense to try and market a unique product. Because little or no competition is best. 
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Yea, that was my impression of most of the people that want to open a site. Delusions of gradeur, or underestimating that a small business no matter what industry is ALOT of work, and takes creativity.
Well, I was just hoping for some slightly positive feedback to put my mind at ease a bit. =^). With all the "dont open a paysite" propaganda floating about, it just makes one be a bit cautious.