Ever thought about creating an auction site?

[xpl0iter]

One of my friend recently recommended an auction site in which he won a laptop for just 6usd!
The site was new at that time it was only a few people who were playing. I managed to get around 150usd worth products for just 10usd!

Anyway now the site is pretty huge. So that had me thinking the possibilities of starting one. after a few days of inquiries and all I knew that at this stage its not a good idea to start one. We have got to have a legal adviser, a registered company or partnership under us tec.

anyway have any of you guys thought about this?

 

[Shortie]

This is something I have considered as I feel many have however with the amount of people that have one now and have become popular and successful and it got me thinking what if I did create one, put so much money into creating it and advertising it and then it didn't do aswell because of the amount of competition I would be up against. It is something I would still consider if I saw an opening for another auction site creating one though but I feel that is a long way off yet.

 

[wasi90lk]

I think I am going to create an auction site within 2-3 years. I just need more time and money to launch a good auction website.

I think it can be quite profitable.