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I would just like to hear your views.
Would you even start?
The budget is my own money, and i don't spend them that much, so no PPC or something like it.
No money will go to advertising, all i will do is to use my own SEO skills.
Just Yahoo have more than 14000 directory listings for this keyword
Am i crazy? would you do it? do you think i have a chance?
My competitive single keyword (there are 9K sites in yahoo) slaps me down deep into the results on any place I'm listed. Add another word to it and I come up in the top 10-15 quite often.
In my highly competitive site, I don't get more than 400 uniques a day, but a good number of those (probably 80%) come in on search terms longer than 2 words. You might look at this as a half empty cup, but when people DO get to my site, they find what they are looking for.
Sure, get that word in there. See if you can get it up in the top 5. Only problem with that will be that when someone pops in a two or three-word phrase, you're gonna drop down to 20+ because all the other sites snuck into the results ahead of you.
From my observations of what people search for, they tend to type two words - one is "Specific" like "Widgets" and the other is more broad to help qualify it like "buy" or "manufacture". If your widget site comes in #1 on widgets, but I key for "buy widget" or "widget buy", with an emphasis on "buy", the more general and therefore competitive term despite it's lack of any real value on its own, I could very well pop in ahead of you on many searches.
Good Luck!
G.