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A forum needs four things:
1. Website (domain and hosting)
2. Traffic (people to post on your forum)
3. Design (someone to make the look and feel and program the backend, all those nuts and bolts)
4. Advertisers to advertise on it
If you are missing one of those 4 things, and you likely are, you will need capital to pay for them. From personal experience, I know that I have #3 covered, but that knowing how much hosting to pay for and attracting traffic and advertisers would be my major challenges. I struggled building in ad systems on my last website that I tried to put them into.
You can get a situation that is pretty close to zero if you have a niche community on social media that you can organically market your forum to, and you are willing to wait to monetize your forum until you have all of your friends from that community happily posting away so you don't have to pay for ad services because you have enough traffic to sell your site to them, rather than the other way around.The simple and short response to the question if you need capital to start a forum is YES. There's no way anyone would be able to make provisions for those four requirements without spending some money for them. You can get some for free but you're definitely not getting all of them for free.
You can get a situation that is pretty close to zero if you have a niche community on social media that you can organically market your forum to, and you are willing to wait to monetize your forum until you have all of your friends from that community happily posting away so you don't have to pay for ad services because you have enough traffic to sell your site to them, rather than the other way around.
You do have to pay for the domain and hosting for a forum of any size, and also the forum software. That is an unavoidable expense, unless someone else pays or your forum software is open-source.
I have unlimited hosting package, so when I decide to create a forum, I do not have to pay for hosting. I have numerous domains and I also do not have to pay for domains. If I use phpBB, MyBB etc. I also do not have to pay for software. If I use webmaster forums to build content, I also do not have to pay for content. IN theory, creating a forum is free. Proboard is a free forum hosting for those who want to create a forum and have no expectations for monetary benefitYou will need some money if you decide to use premium forum software. But there are free to use options out there for making forums. Proboards come to mind right away, they give you a free forum that you can mess around with. But, you don't gain the security or support you get with paid forum software. But, you can get a start with a free board and go to paid later.
One thing that I neglected to mention is that you will definitely need capital in order to do paid-to-post. There will be a time between site launch and when you get enough traffic to monetize through ad revenue, and capital will be required to fill in that time gap for your paid posters.
Even regular forum not paid to post needs hosting so this is a recap:One thing that I neglected to mention is that you will definitely need capital in order to do paid-to-post. There will be a time between site launch and when you get enough traffic to monetize through ad revenue, and capital will be required to fill in that time gap for your paid posters.
I have created a forum with a free forum software known as Proboards. I used my smartphone to do it. It's a myth that forums can't be created using a smartphone. Most of the forum softwares now are mobile friendly.I understand that I need at least a laptop or computer and Internet to install a forum. I have not heard of someone who started a forum with their smartphone.
I think investing in forums can make you money after a short time but I need to hear this from those who earn from operating forums.
My main question is, do I need capital to start a forum, especially if I want to start a forum that pays writers while at the same time hiring a moderator. How does a forum start making you money and how long does it take?
When you need to host your new business website, you will definitely need to pay for it. When you need to advertise your business online, you will pay as well.
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