I am 17 and run an eBay Store, that has been very successful. I am now about to start a proper online store, and want to incorporate lots of other features as well. Should I outlay some of my savings and pay someone to design it properly now, or just go on an ecommerce hosting plan and add in the other features later? I want to grow this as fast as I can, and then move onto something else.

Building your own e-commerce solution is not just about developing it. Most of the cost will come from maintaining it, enhancing it with new features, etc. There are many solutions out there which gives you a “white label”, out of the box solution. I would recommend checking them out, and see if one of them is good enough for you to start with.

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I'm a newbie just starting off with my first venture, making websites for clients. However, I am also into making ERPs and CRMs for other institutions. Would it be a good i...

Answered by Dan Martell – Founder & Investor.

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Do that - nothing else but one product / company / focus and get to $1M in sales wit... (more)

I am trying to create a new online business plan that require little up from capitol. I don't know a ton about how to start a website but here is what I think I know... I ...

Answered by Scott Rutherford – Founder, UserVoice

Depending on the type of site you wish to launch I would look around for an existing service that provides templates, themes, a simple web interface and an internet full of... (more)

I am going to start a business with a loan of 44,0000 rupees. But I do not have any idea which business to start, I got 10 months to pay my loan back. Kindly suggest me so...

Answered by Andrew Patricio – Founder, BizLaunch Posted in Money

Ideally you want to start a business in a field that matches your work experience (more)

I want to start a website targeting small business web designs and logo designs. Is there any merit to this?

Answered by Dan Martell – Founder & Investor.

Yep, there's merit. Since you'll likely want to get in front of companies in the idea stage, you'll need to get creative in how you do that. Think lawyers, incorporation,... (more)

How can a person who has only a small portion (and nothing to use as collateral) of the required capital needed to start a company raise capital?

Answered by David Rose – Serial entrepreneur and investor.

Raising capital is not the first, or even most important, thing about starting a business. The odds against raising money from venture capitalists is one in FOUR HUNDRED, ... (more)

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