As more and more new webmasters pour onto the internet in search of that one big site, that one massive payday, are many actually missing the point of BULDING a business? The steps which you need to take to do this?
When building a house would you just drop one massive building onto a plot of land and that’s it…..no. You need building blocks and for a good online presence your building blocks should consist of either smaller niche areas within a large website, or even better, a number of niche websites all connected by a common theme. This may be football, finance, credit cards or some other sector which is popular but also has a number of other smaller sub-sectors. By building up a presence in a number of these smaller sub-sectors that is how you will BUILD a business,
The super quick speed of the internet has forced many webmasters and would be business people to think exactly the same, at super quick speed. While the business cycle from start to finish may have been shortened dramatically, the theory is still the same, and it still takes time and effort to actually get something moving.
The chances of you hitting on one major sector and doing enough to earn a living are fairly slim, and even if you do make it big initially, the investment and time required to stay there will be enormous. Smaller niche markets are not as expensive to maintain and very often competition can be only a fraction of the larger sites. Remember you are still building a business; you are not creating one over night!
If you remember this theory you should not go too far wrong!