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Could I make a million?

by Prizeboy
6 replies
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hjnnnnnnnn
  • Profile picture of the author Cyberdog1
    $12000 a month - firstly let me know exactly what you have done to get to that on two years and I can help you out right away haha.

    Seriously - no need to take advice - monetise it now!
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  • Profile picture of the author Prizeboy
    I don't want to as such release what I've done where I'm at right now as I don't want to compromise anything but I started with a small group of specific members, e.g a city and I've opened up slowly to different regions. I was advised not to monetize it yet and wait until I hit X amount of numbers that could potentially bring me 50-100$K a month and obviously grow and grow.
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  • Profile picture of the author Anton Nadilo
    Monetize what? At $12,000 per month and climbing why bother....

    cheers

    Anton
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  • Profile picture of the author Prizeboy
    Because I could monetize is substantially more - well was a recommendation from a VC that I could be doubling trebling my revenue.
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    • Profile picture of the author whateverpedia
      Originally Posted by Prizeboy View Post

      Because I could monetize is substantially more - well was a recommendation from a VC that I could be doubling trebling my revenue.
      Or halving,or thirding it.

      Take a lesson from MySpace. Once that was the most popular website in the world. Then it was bought by someone who wanted to monetize it.

      They paid $580 million for MySpace in 2005, and sold it in 2011 for $35 million.

      If it ain't broke don't fix it.
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      Why do garden gnomes smell so bad?
      So that blind people can hate them as well.
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  • Profile picture of the author salegurus
    Originally Posted by Prizeboy View Post

    The question is when is it too early to completely monetize it? I've received advice from financial analytics and venture capatilists, would it be wise to expand slowly to the global audience then monotize it? Or earn faster and grow at a steady page, revenue roughly increasing at 18% a month
    I don't get it, you received advice from professionals ie:
    financial analytics (analysts) and venture capatilists (capitalists) why not follow their advice on how/when to monotize (monetize)your site?

    Fixed that ^^^ for you.
    Sorry kid i don't buy your story...
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