Worldwide online dating website
Dating services lose customers quickly when they find a match -- or when they don’t find a match.Look for a business opportunity with low customer churn potential.Thus, the investment in time and money required before payback is huge.Facebook spent 0 million before positive cash flow.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.Dating is not a highly scientific process, and the first-mover advantage has already been taken. In reality, dating is a form of social networking, so Facebook could easily enhance their services in this direction, if the market traction of others was evident.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?
There is really only one online dating site that is worth signing up for (more on this site below).Since 2001, World Singles has been successfully helping singles meet their goals for love, romance, friendship, marriage and the sheer thrill and fun of it all.We stand apart for a number of reasons: It may be a little romantic but we think that love is the most powerful force in the universe.I always tell entrepreneurs that even if you are bootstrapping and not looking for investors, it’s still important to apply external investor thinking to your new venture.As founder, you are always the biggest investors and should apply the same reality checks.
Despite the tough online dating scene in Turkey and the rest of the Middle East, I still recommend you go ahead and give it a try if you are planning on living in Turkey for any reasonable amount of time.