"Deb Brown" DMB
Enterprises
Dear Deb, et. al:
I too would be interested in reading stories from other women about
their home-based business. As they come in, I will share mine...
First, from 1987 (when I purchased my first PC) to 1995, I freelanced
for area college professors -- designing and typing their lesson plan materials,
etc. Additionally, I worked part-time as a resume writer/consultant. This
was before most people had a personal computer or knew what one was. I
was married at the time, a Mom of one, and worked full time but gleaned
little satisfaction in working for someone else and wanted to bring in
extra money doing what I enjoyed. Well, in 1994 and 1995, I started hearing
about this thing called the Internet. Where I lived at the time had few
resources for getting on the internet, so my first exposure to the Web
was through an exclusively text-based (no graphics) interface. Ick. Some
time in 1995, we started seeing independent ISPs popping up and I got myself
an account immediately--very anxious to learn this new technology. I designed
my first few web pages out of sheer passion to "create." I also saw the
Web as the perfect vehicle for social causes, etc. and for reaching out
to others in similar situations.
My first site was my personal site and
my second was one devoted to interracial/intercultural singles, couples
and families. From 1996 to last year, I had run this particular site on
some obscure URL--not an easily identifiable domain. I acquired INTERracialFamily.com
and INTERracialSingles.com early last year after realizing that domain
names were being snatched up and if I didn't grab one relating to my sites
now, I'd miss the boat entirely--and likely have to purchase it for big
bucks through private sale later. I would have purchased interracial.com
but discovered it was already bought and was being used for a porn site---geesh!
My original interracial site was titled INTERracial and featured oodles of
information and resources in support of singles, couples, families,
educators, researchers, etc. I had to split the sites last year into more
focused "communities," however. Anyway, I don't want to ramble all day
so I'll speed up my story...
On my original INTERracial site, I created a personals feature which
I originally manually updated -- what a tedious task it became because
it didn't take long to become very popular. One day in early 1997, I saw
a banner ad for a company providing the opportunity to split commissions
from sales of personal ads on sites. I immediately saw it as a way to relieve
me
from a tedious task and NOT a money-maker, I just figured that would
be an added bonus. Well, little did I know that my commissions from this
arrangement would grow to almost $2K per month. With the influx of affiliate
programs in 1997, I made affiliate arrangements with other sites whose
content would add value to my own as well...and many of these arrangements
have proved lucrative. Until the last quarter of 1999, all of my income came
exclusively from affiliate arrangements. I still work full
time, too, but that will change once all of my income sources are substantial
enough to support my daughter and myself in a relatively expensive community.
I expect that to be this year. Since my original domain twsonline.com (which
was a business site), my two interracial sites, I have acquired and developed
other sites such as loveresources.com (which I am selling), allforwomen.com, ebooksforyou.com and askvictoria.com (for which I have an arrangement
with two other women to fully develop this successful online advice site).
I have other domains, too, that I have yet to develop.
I've realized a few things during my years on the web. 1. An interest/passion/hobby
CAN turn into a lucrative ebusiness, 2. Your own domain name is critical
to your business' success, 3. Domains have become properties like real
estate and in many cases take on a value of their own beyond the original
$70 it took to register it--and their value will increase as available and worthy domain names become even more scarce,
4. If you "give" in some way through your web site--whether it be
out of love or through freebies--it will come back to you, 5. It's getting
tougher to compete with the big boys and will continue to be so and in
a few years we will see how the web shakes out...
I love to watch trends. One of my latest ventures (not completely
solo--a business arrangement is in the works) is publishing and selling
electronic books through eBooksforYou.com. You will see this market
explode in the next year or two as Microsoft, Adobe and manufacturers of
reading devices, Amazon.com and Barnes & Noble really push this industry.
I am writing a book and have another one I wish to start after this one
is finished and couldn't be more pleased to see the barriers for writers
in such a game-playing and "power trip" industry being torn down (eventually).
In closing, I guess the bottom line for me is that I never intended
to enter into business on the Web--but to learn the technologies associated
with the Web (I work for a well known .com company here in Maryland in
my full time job). My passions, interests, and desire to be creative have
migrated into business endeavors, however. I couldn't be more pleased as
my desire to be self-employed has been a strong one for two decades. I
am finally seeing the light at the end of the tunnel!
Now, for particulars about a home office.... I rent a three bedroom
apartment (and will be buying a home within the year) in a bedroom community
between Baltimore/Washington DC. I relocated to Maryland 2 years ago after
the company I worked for for 10 years folded. It was a blessing. I own
(all of which I bought myself through personal income and commissions)
3 desktop computers, a laptop, 4 printers, scanner, and oodles of other
resources to help me in my business and for my daughter. One of my long
time dreams (gee, about 3-5 years worth) is to open an internet cafe OR
to tutor/teach in an area related to computers and computer applications.
Of course, these will have to wait until I am completely solo, in a position
to hire (to keep my current endeavors going) and finish my books. One day....
Only my second and third computers purchased in 1994 and 1995 were
bought through loans. The rest has been paid for in cash. My monthly hosting
is substantial as I have quite a few domains being hosted, but the support
makes it worth it. I will be upgrading to my own dedicated server later
this year.
I have had moments where I've felt completely frustrated by the rate
of growth of my business but realized that I was relying entirely too much
on affiliate programs for revenues, etc. That has changed and will likely
equal, if not surpass, income from affiliate arrangements in the
coming year or two. I am tired/exhausted and need to eliminate the pace
at which I have worked since late 1995: two full time jobs (one for a company
and one self-employed/for myself).
The part I like the least is accounting and taxes. I will be getting
an accountant in a month or two who can manage all of this for me. I also
need to tweak my business plan and file for LLC status. The government
surely buries us in red tape and endless forms and requirements! One day
I hope to find it all worth it.
Now, for the next 5 years or so, I hope to ultimately acquire investors...without
losing majority control of my own company. Investment money will be critical
to growth, development, advertising money and ability to hire, etc.
and the overall success of my business. I personally don't have the financial
and manpower resources to give it what it needs.
Whew! I've truly rambled.. Thanks for asking such a great set of
questions Deb and for your great sites and this list...
Warm regards,
Deb Brown, DMB Enterprises
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