Make 50k A Month With An Online Dating Site

 

 Make 50k A Month With An Online Dating Site


You’re rich, you’re smart, and according to Forbes Magazine (yes, that Forbes), you make about $50k a month.
But have you taken a look at your bank statement recently? You're still looking at that measly six-figure number.
What gives?

Well if it isn't obvious by now, the answer is online dating sites! You know what they say — there's no better place to find love than on an online dating site! 


No matter what kind of girl or guy you like, there's someone for everyone.
If you like older men, you can find them on SeniorFlirt.
Like younger men, you can find them on MenOver60.
There are even sites for military guys and their ladies, for single parents and their friends (single parents actually have a lot of people to date!), as well as so many more! Those sites actually have thousands of members with everything from different race and class demographics to different sexual preferences. There are so many options out there, and you can narrow them down by your own preferences.
Because most people are so busy nowadays, online dating sites are a great way to find someone when you don't have time to go out.
You can chat with potential dates, see if you like them, and easily find new people whenever you want.
And best of all — if things don't work out — it's easy to delete the profiles of those who you don't want to talk to anymore! You're not wasting any more time than is necessary before deciding whether or not they're the right person for you.
Online dating sites have made it easier to date casually and meet new people than ever before.
And with the average online dating site having about 100 million members, you're sure to find someone who's right for you at the site that's right for you.
So what are you waiting for?
Online dating is a great way to meet people and find love! 








Spending too much time on an online dating site will burn up your credits and leave you with nothing but space on your hard drive. So be sure to take your time when choosing which sites to join, and don't spend more than a couple of minutes on them each day. If it starts to feel like a chore, take the time one night out of the week and log in just enough times to keep some new contacts in mind.
Don't bother with those free sites. They're not worth it, and they won't help you find a date either.





There are many free dating sites that allow you to answer a few basic questions about yourself (i.e., name, age, location, height) without paying money for membership on an premium site. I suggest you avoid these websites altogether because they are either time-wasters or scams. Even some of the "premium" sites belie their premium status by charging the same amount as "free" (they just send you their sign-up calls and emails from other companies).
These free sites also often introduce you to vanilla profiles, which are profiles devoid of any particular interests or hobbies ("I like to hang out at the beach"). Some of these profiles might be legitimate, but you can't tell which ones from the free dating sites are not scams. I suggest you avoid these and get started on an exclusive dating site that will help you clarify your own personal fantasies.


Although a lot of the content on these sites is user-generated (meaning that members share their opinions about the matches they have made), there is a lot of activity on some sites and very little activity on others. To avoid wasting time when looking for your ideal partner, I suggest you make sure the site has plenty of active members.

These sites are for adult dating, so people of legal age should not join these sites.


This is not about finding an online dating partner but rather using one as a means of making extra money. This is not a legitimate way to earn extra cash and it will only cost you the price you have to pay when you join.






Some "free" or "premium" dating sites allow users to post their own material, rather than just viewing content posted by other members. Unless you can be certain that your content will be relevant to the audience, I would suggest that you avoid posting on these sites. Your content will most likely be deleted and give you a negative reputation on the website.

While there are lots of scams out there, most people that pay for online dating sites are serious about finding their true love — or at least their next fling.


Buying an online dating site is not for everyone, but if you are interested in this business model then there are some things that you should know before trying to buy one of these companies.

First, know that these companies rarely sell unless they are losing money. People who purchase a business like this are looking to turn around and sell it, so you will probably get what you are paying for. If the company is already profitable, the price tag is going to be much higher than if they are struggling.


Second, try not to buy into a fraudulent company. Before any money changes hands, set up a meeting with the previous owners and prepare several questions to help you vet their investment. During this meeting, you should also get a list of the company's income and expenses in order to see how well they have been doing in recent years.

Third, since these companies are essentially used as a money-making machine, you should be prepared for a lot of red tape. You will need to fill out quite a few forms and documents before you can proceed with the acquisition. If this is your first time in this industry, I suggest that you should start off small and work your way into bigger purchases.

Fourth, if you have less than $50,000 to invest in an online dating company, I suggest that you do not use your credit card. Credit card lines can quickly get tied up by charging fees and interest fees while the amount of the purchase is only slowly being paid. In addition, the bank may charge a percentage of your credit card purchase if you go past your limit.

Finally, keep in mind that you don't need to spend $50,000 to buy an online dating site. You may be able to make a profit by purchasing a smaller site for less and then slowly grow it into its full potential.







In terms of choosing an online dating site, I suggest that you join the ones relevant to your area of interest and hobbies. For instance: if you are into ballroom dancing or craft beer, it might be good to join an online dating site that caters to these interests — and other similar ones.

Conclusion

I believe that online dating can be a great way to meet people, and it can also be a fun way to make money. The reasons for the former are obvious, while the latter may not be so clear — but anyone can profit from owning an online dating website.


Whether you are just using an online dating site to find your next date or you want to turn it into a money-making machine, either way you should use these sites as tools in order to meet like-minded individuals who share your interests — and possibly even passions.


This post is part of the Business Model Canvas Series , and was originally published in September 2013.

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