Web 2.0 Discussion

I have what quite a uniqe idea for a new buisness, but I'm extremely low on funds. The buisness would take a large amount of server space and bandwidth. How would you suggest getting it off the ground?

Here is how I would proceed in this manner. Now you may have different approach, but we both are going to aim for same goal : Getting the business off the ground.

I'll calculate worth of my assets and resources. How much space and bandwidth i need and how much funds do i have? How long will my resources last me if i do not get investors?

Once I am clear with all these details, my next approach shall be to re-work upon the concept or idea and study its pros and cons. What are failure risks and what could be a good contingency plan? I would definitely like to have some backup if things don't fire up as I expect them to.

There are many free hosts which offer space and bandwidth for free but then you get what you pay for. If I can manage few $, I would try to get some good hosting, evenif for a month and evenif space-bandwidth is lesser. You don't become big in a day and obviously you wouldn't be uploading movies for streaming there. So, logically your requirements wouldn't be more than 1Gb space and say 10Gb bandwidth to start with. Even thats on higher side i quoted.

I'll put my idea into practicality and see how good it appears. This is something i need to do before approaching for funds or investors. People don't dump funds on ghost sites. They are inclined to see your idea into work before they can decide upon funds. Remember you are spending few $ here but if they can get you more funds, then its a positive investment, otherwise a minor loss. Also, when investors see that you have taken pain of putting up a site for the idea and paid for host from minimal resources, they see this as a positive move and a strong one. It reflects how confident you are and they shall use your confidence about the project to decide if they are to sponsor you or not.

Depending upon the project and investors, you may get finance, hosting, domains, hardware and similar resources, but whatever comes your way may be useful. They may not be willing to invest alot initially, but evenif smaller investment is made and thats enough for a month or so, take it as a positive stride in your path. Cash on that month. Make that month count, make the idea count. And once the month is over and if concept has really gripped attention of many, subsequent life would be easier.

Thats how i would perceive the situatino to be and work around the cocnept.

That's sound advice thanks for that. I have a paid server set up already but ill need to upgrade the bandwidth. I think I can get some investors interested in this, thanks so much for the help.