Hunter - 6:02 pm on Oct 16, 2007 (gmt 0)

Just thought I'd point out some of the incorrect assumptions you are making (pretty much everything you said with a *). I'll try to flesh out more of response if you want, but I'm sure others out there agree with me and could add to this as well.

* Simply too much competition.

Not in every category!

Everything has been done,

Wrong, but everything will been done for you if you don't change your perspective.

and people don't care about quality but quantity

Wrong.

If you're first, you're set.

Wrong.

* Lack of funds.

Wrong. Lack of confidence maybe, but that can be built and is more important than a bankroll when your are starting a new venture. Personally speaking, I started my own business jobless, while in debt and with only 2k of credit from 1 credit card.

I have no contacts/friends or money to shell out on advertising.

Not all advertising costs money and no friends/contacts just means you have more time to devote to building your business.

* All good domain names are registered...damn near impossible.

Wrong. I find income producing domains everyday. Every single day. I've got lists of money making domains (type-in traffic) that are just sitting out there unregistered that I have not decided on yet. Am I going to tell anyone what they are. No freaking way :) I have spent years researching and working hard and the info is just one of the rewards for hard work. Bottom line is that you have to be driven, you have to love what you do or at least love the freedom that it gives you.