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Now that I have, for the most part, my funny video website up and running, I feel the need to move forward and start my next online business.

I’ve been hearing alot about creating a BANS (Build A Niche Store) and have decided to start one as well.  It would be so easy to just buy the software, install, pick a niche, develop the site, and repeat.  In all fairness, it is just as simple as that, as far as it goes.  I’m looking to create an actual online media network of sites.  Everything on the Internet, at some level, is inter-related.  I would like to build a series of businesses online, simple as that.

Developing an Online Business

The closest I can get to describing that thought process I’m currently going through to plan this business is to say imagine you have a huge ten thousand piece puzzle.  You don’t know what it looks like, but others have told you what it SHOULD look like.  Someone gives you a hint here, someone else gives a nudge there, but no one really takes you by the hand to show you how to do it or do it for you.

I’ll share a secret with you:

I’m glad

I want to do this myself.  Building a new business forces you to learn a new set of skills.  Anyone can be handed a business, fully created and functional.  The problem that comes with being given a business is that when problems happen, and they will happen, since you didn’t build the business or didn’t have a hand in it, how are you going to know how to fix the problem.  Heck, what if you can’t even recognize that there is a problem to fix?

Develop a Unique Business

There are thousands of BANS out on the Internet.  Maybe millions at this point.  How are you going to make your site different from the other niche stores?  That is where your planning comes into play.

I’m at the research phase of my BANS.  I haven’t even gotten close to selecting a niche.  I’m looking past to see how I can create an inter-related network of sites, where a customer can go from site to site, one stop shopping as it were.

A New Type of Online Business to Develop

I’m excited to be working on this project.  I couldn’t go to sleep last night because I kept thinking about the what’s, the how’s, and the why’s.  I currently have two online businesses that are generating revenue:

• Desty Online – An information creating and exchange website based upon business topics.

• The Masked Dispatcher’s Video Collection – A collection of funny videos from around the Internet.

While I have sold products on eBay, this is the first automated site I have created.  As I go through this process, I’ll document and share my results from this new online business.

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