Five Reasons To Start Your Own Social Networking Site

This post was guest blogged by Faisal Khan of Fas blog and Motor Beam.

Man is a social animal. According to wikipedia Social refers to a characteristic of living organisms (humans in particular, though biologists also apply the term to populations of animals and insects). It always refers to the interaction of organisms with other organisms and to their collective co-existence, irrespective of whether they are aware of it or not, and irrespective of whether the interaction is voluntary or involuntary.If you’re a business man, a part time blogger, or you’ve just been laid off from work because of the global economic crisis and are wondering whether to spend your time pimping your resume to job agencies or starting your own business, then here are ten very good reasons why you should consider starting your own social networking site:

1 – Social Networking Is Growing & How!!

While billions and billions of people around the globe are making conversations on social networking sites like Orkut and Facebook, sharing images on Flickr & Picasa, posting tweets on Twitter, or sharing videos on youtube & VIMEO, others are waiting to see where all of this will be going, many online marketers are staking claim to untapped markets by starting their own social networking sites based around a specific area of interest. One recent example I have seen of this, is a social networking site which joins all social networking sites together, called OnePoke. Think about the business you are in, or a hobby or interest you feel passionate about. Could you turn this into an online social network? You can open a social football site or something on those lines.

2 – A Social Networking Site Can Be Scaled Down Or Up

An individual, organization, local club, association can choose to set up a social networking site to allow just the members of its community to join and interact with each other online or open the site to allow anyone to join and grow it to a bigger and broader level. Further more by adding a new dimension of interactivity online, many organizations and businesses more dynamic and lively, and offer a great and exciting way for its members to interact on a social level.

3 – You Dont Need To Create Content In A Social Networking Site

All John Chow readers surely own a blog or a website, otherwise I don’t see a reason why you would come here. You all very well know that most of your blogs content has to either come from your own hard work, or from someone you will pay some dollars to write for you. In a social network site, your members will create the site’s content for you while you can sit and enjoy the cash flowing in to your bank account. Obvisouly you will have to set up the site first, properly and get it going.

4 – A Social Networking Site Can Help You Find The Right Niche

Most of us are members of online forums and networking groups, and would have frequented forums and discussion boards to find solutions to specific problems or challenges they we have experienced. By simply studying forum threads in your own networking site, you will begin to recognize new opportunities for creating new products, goods and services that your members want, but can’t find.

5 – A Social Networking Site Is A Growing Asset

Imagine owning an online community site which, after a couple of years, has become a “hub”, or authority site for your particular niche, because you have sown the seeds and helped it grow to fifty thousand plus active members, all focused around a specific area of your interest. Such a site is a tremendous online asset which many people would envy.

So do you see the bigger picture now? The Social Networking phenomenon is growing tremendously. More enterprising individuals and business owners are starting to realize the benefit of setting up their own social networking sites, and much to their surprise, they discover that owning your own social networking site doesn’t have to cost an arm or a leg, nor does it require much technical skill and know how.