A quick ramble:
Money = an IOU from society for added value.
You get it after you add value.
Value is that which "other" people think is value (so the creator can't decide something has value).
The problems with a business on the internet are:
- That there is much low to non value being created. You might think you create high value, but you can't decide that. If you create no to low value, you don't have a lot of chance, because
- There is much competition, almost infinite these days. And different kinds. Sites like the one you are thinking about creating, scams, other sites, whatever.
- It's difficult to find an audience. Because of the previous two problems, it's not easy to get people interested in your site. They've seen many no to low value sites so if you don't wow 'em fast, they're gone, enough competition, remember?
- Also: banner ads and all that old school interruption marketing is dying, fast. Rates are going down, people click less, it's all and all not a very good way to go.
- You have to be really remarkable to stand out. You can be remarkable in many ways, btw, skill, effort, network, persistence.
- It will take lots of work. People aren't interested in the new site, they are interested in the best site.
- You have to add value value value value value value value... and lots of it. Not just a little more than others, loads more.
- To earn money, don't depend on non-value, like clicking ads or stuff like that, it's getting old, fast.
Create something people will pay for.
Not sure what, ebooks are everywhere and usually no to low value (especially those that will tell you how to make money on the internet... I mean really).
Or get so good, targeted traffic (niche) you can talk directly to a sponsor. If you get a couple % of a niche market to your site, sponsors will pay a monthly fixed fee, for example.
But all of this isn't new, or my own, check out the Archives, Steve has some really excellent posts on this subject.