Saturday, August 06, 2005

Indian enterpreneurs could at least start with websites like Craigslist.org!

All that was needed for www.craigslist.org to have annual revenue of $7-10 million is to start off a privately owned online business with the aim of keeping one's friends up to date with what was happening in one's hometown, San Francisco.

This is one guy, Craig Newmark who founded Craigslist.org. The website is absolutely simple, no attractive images, but some useful stuff. And, today it attracts 10 million unique vistors every month. Not bad!

Ebay.com had to buy 25 % stake in the company last year.

So, the moral of the story is be simple, but be useful. To start a successful business, the KISS strategy could as well pay off, provided you have some useful stuff to offer the users. By the way, KISS is Keep It Simple & Straight.

Could we even have our young enterpreneurs start something like Craigslist.com? Take a look at the website and I promise, you would end up getting loads of inspiration. Cheers!

3 comments:

Anonymous said...

Ah, please remember that we run as a community service, not the usual kind of company.

... and that I still put in full time hours as a customer service rep, doing it now, early Sunday.

Thanks!

Craig
craig@craigslist.org

A Kumar said...

that only shows where there is a will there is a way! Thanks Craig for putting your valuable comments!

A Kumar said...

Converting an idea from a piece of paper to a successful implementation is worth applause!

Chances of failure in starting a business is salways 90%. But, one couldnot stop taking risk only due to this factor. Somebody nicely said, Not taking a risk is a risk in itself.!