Online dating is one of the most successful business enterprises in the 21st century. There are around 8, websites and 1, apps dedicated to matchmaking around the world, and these numbers are increasing all the time. There are obviously a lot of people making a lot of money from operating dating service. Perhaps you might have considered getting in on the act? How easy would it be to start an online dating business? Your first step should be deciding which particular niche to specialize in.
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Aspiring entrepreneurs often approach me as an angel investor, touting their innovative idea for yet another online dating site. I agree the need is out there, with over 91 million interested singles between the age of 19 and 45 around the world. Yet almost no one in this business makes any money, since it comes with a larger list of challenges than most other opportunities I see. Many business opportunities, like this one, need thousands or millions of existing users before new users and advertisers are interested to pay real money.