Let me put it this way, if you are here to earn some quick cash, I would certainly recommend starting something niche, and definitely not in the web hosting industry. I have a directory, quite new one, that I'm working on - even though there's lots of web directories out there, I am still working hard to catch up with the rest.
I've added lots of content into it - quality and SE optimized many of the pages - even released a product on Web Catalogue - official blog where I add articles for both daily net users and webmasters - my goal is not to make money, I want to bring quality users, that frequently visit my directory to search for sites they are looking for.
My main goal is to provide a very well maintained web directory with no spam-listings, family-friendly is one of our most important factors. I will work hard to make it a educational web directory, adding lots of content for students will probably help me along the road.
I still have lots of ideas to deal with - and it seems many web directory owners out there are willing to 'let go' of their web directories, by either spending time on other projects, at least, I won't do such play - I believe web directories have a very good future.
Meti
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