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Thread: If you had $80,000 to start a business.....

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  1. #1
    IA KING
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    Quote Originally Posted by speedminded
    It's basically a non-profit business too...of course there is some but you wouldn't be disclosing the overhead/cost if it was much It's more of bring the community together and it's done a fine job of that...i can't tell you how many time's i've been lai...oh, nm hahaha! you get the idea
    its a non profit business to the world as far as we don't disclose everything, but truely the overhead/cost for the site alone are under 2000$ a year. w/ an initial cost of 9$ to start the site it is easily worth 20k or more. how it generates money is a different scope.... how do you put a value on trade outs, friendships, etc..? you can't i know for a fact we have gotten 10k's in trade outs b/c of who we are and what we do... but this site can easily generate money and does so already.

    julio/i can walk away from updating anything on the site and just run the forum and still do quite well w/ basically no hands on

    but we have spent 10k's over the years in this scene b/c we do love it and what it has given back to us.

  2. #2
    IA's Blonde Guy Jecht's Avatar
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    Quote Originally Posted by admin
    its a non profit business to the world as far as we don't disclose everything, but truely the overhead/cost for the site alone are under 2000$ a year. w/ an initial cost of 9$ to start the site it is easily worth 20k or more. how it generates money is a different scope.... how do you put a value on trade outs, friendships, etc..? you can't i know for a fact we have gotten 10k's in trade outs b/c of who we are and what we do... but this site can easily generate money and does so already.

    julio/i can walk away from updating anything on the site and just run the forum and still do quite well w/ basically no hands on

    but we have spent 10k's over the years in this scene b/c we do love it and what it has given back to us.
    I've always wanted to do something similar. I just recently had an idea for a good website and I've already got a decent design. Seeing that not only has IA held the money you've invested but that you've met many new friends is reason enough for me to push my idea to reality.

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