How to make money running a dating website

For starters, 40 percent of frequent site users are already married.

If your new idea has that same potential for misuse, is it worth the risk to your reputation?

Many business opportunities, like this one, need thousands or millions of existing users before new users and advertisers are interested to pay real money.

Thus, the investment in time and money required before payback is huge.

As founder, you are always the biggest investors and should apply the same reality checks.

Related: 1 Billion Matches Later, Tinder Can Trace Its To-the-Moon Growth to Signing Up Sorority Girls How well does your latest startup idea avoid the challenges outlined here?

Even though these all sound interesting, please don’t ask me to invest.

For a new startup, the best way to assure survival is to file patents or other intellectual property to keep future competitors from copying your success.Loyal repeat customers who become locked in by a high cost of switching are the dream of every investor and smart business.Dating services lose customers quickly when they find a match -- or when they don’t find a match.You will likely need to have all legal issues covered.Whether you need to apply for some business license or register a firm to be able to run a website will depend on your particular area of residence.Related: John Mc Afee Offers Ashley Madison Post-Hack Analysis Investors and customers alike want to see return that can be measured against the costs.Value propositions such as “easier to use” or “find better partners” rarely compete with terms like “half the cost” or “50-percent faster.” Make sure your new innovation has a quantifiable value proposition.You may need to consult an attorney who would answer your questions and give advice.Consultation fees can go as high as 0 or more (depending on a number of factors).Starting from about -/month for server space, you can obtain your first hosting account that you can upgrade later by adding extra space, renting a dedicated server, using cloud storage and so on.Just make sure that the server supports all necessary system requirements for your selected platform.

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