Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:

  • We have tons of content. In fact, since November 2011, I've published more than 26,000 posts on thousands of different business ideas and opportunities.
  • We don't sell much advertising. In late 2013, I realized that by selling advertising, what I was really selling was my readers. In 2014, I've already radically cut down on the number of ads and will hopefully keep cutting.

Philippe Kiethun Chrun of MyCarpoolStation.com exhaustively describes why his business is failing in Deconstructing a Struggling Start-Up. Regardless whether or not they they hired the wrong people, or positioned themselves incorrectly, their biggest problem is easy to see:

We invested $30,000 of our own capital, excluding an estimated $50,000 of sweat equity. With that, we built a working prototype but did not manage to get a customer-ready product out the door. No customers equals no revenues, and since we have not yet secured additional funding, we are officially stuck.

They’ve had no sales! They didn’t follow the rules and instead spent more than a year working on something without ever once stopping and checking to see whether or not anyone would actually give them any money for their product.

About these ads

Originally posted by Dane Carlson on December 12, 2007 in Ideas.


Related Posts

BluePromoCode - Fast, reliable coupons
import export business