Obviously, the decision to start as a 100% free website with zero monetization means that we will burn through cash. However, our plans to monetize the website should yield profits by year three, and allow us to recoup all initial investments by end of year five.
Conclusion
The online classifieds marketplace in Taiwan, especially for non-native Chinese speakers, is full of opportunity. SpeakTaiwan.com requires relatively little risk and capital to begin operations. Its aims and goals would serve to benefit both native Taiwanese, and resident aliens. Its platform would benefit Taiwanese businesses, the current government, and anyone else looking to hire foreign talent. With real market needs that aren’t being addressed,
SpeakTaiwan.com could quickly become the most popular English site in Taiwan.
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