JobGraphs - Good Service but failed to make money
Yeah I too quit my highly paid job as a EAI Consultant back in Dubai to bootstrap my startup called JobGraphs.com - a very unique website that provides latest job trends from Software industry, its visited by software professionals and IT companies from 144 different countries, its showcased on hundreds of websites and blogs like MSDynamicsworld, Lifehacker.ru, Indianwebstartups, Wwwhatsnew etc... Its based on something called 'Open Source Intelligence' and I have worked very hard on data collection part until I was not able to work with my right hand since I got a ganglion cyst on it and lot of pain in the veins blah blah so I work with my left hand now, but after all that hard work I failed to make some money out of it, Advertising didn't worked, Job board didn't worked, traffic dropped a lot...I was able to make only $60 from Google Adsense but today I got a mail that they have banned my account for some 'Invalid activity' which I never did.
Reasons for failure to make money: 1) There is no membership on the website (as I personally hate creating userids/password for each and every website)
2) The entire content is available for free without any charge, I thought if www.itjobswatch.co.uk (which is similar to my website) can be free of charge and still make money why can't I.
3) I tried to sell it to other companies but I didn't got any response from them
4) Last reason is that I too don't know why it didn't worked, maybe you guys can tell me that
but anyways I am not going to quit, I am going to start 6 more startups :)
I know there are lot of smart and experienced guys over here who can advice me on how to make this profitable and save it from going into deadpool.
Thanks, Taha