New business venture

October 17, 07 by Stealthy

I’ve started a new business venture. I’ve started a few, but none really turned into anything. I think the one that progressed the most was the record label, which I actually signed one band and recorded an album. The band broke up 8 months later.  :(

My new “million dollar idea” is a site where people can look up to see what banks are in their town or a town they are moving to in the future. I guess you could call it a bank database. All you have to do is go to the site and enter what state you live in then the county. It will bring up all of the banks in the county with a link to their website.

My original idea was to create a chart of each of the banks in the county and list the type of accounts and services each one has as a way to find out which bank offers what you need. This will more than likely come along later because right now I’m having to look up each bank in each county and type that up. Too bad I don’t have some special code to enter and it bring it up automatically.

Anywho… I’ll probably just do a few of states here in the south as a test run. Here is what plan on doing so far -

  1. Create a database of banks in Alabama, Georgia, South Carolina, and Tennessee. (Florida is more populated and I’ll hold off on that one until I finish the above four)
  2. Have a link to each bank
  3. After completing the databases for the above 4 states I plan to create a chart showing what each bank offers compared to other banks in that county.

Does anyone have anything I could add to make it more appealing or informative?

PS…I have just bought the domain, but I don’t want to release it right now.

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3 responses for this post

  1. SavingDiva Says: 18.10.07 at 2:16 pm

    You could list all of the savings rates. Also, you could have incentives for signing up…like a bank giving away $25 if you open up a savings account with $500. The site would provide an easy way to see what offers and rates each bank offers.

  2. stealthy Says: 18.10.07 at 2:23 pm

    Those are both great suggestions. I’ll start keeping my eye out for the giveaways.

    As far as rates thats another good idea, but the site would cover hundreds of banks starting out then work up to in the thousands when expanding states. Since rates change daily or weekly then I would end up visiting each banks site to list CD Rates each week, which would eat up most of the time I would have available for the project.

    I may do a section of cd rates for the most prominent banks within the states I have on the site.

    I appreciate your ideas SD VERY MUCH! :D

  3. matt Says: 18.10.07 at 7:22 pm

    This is a cool idea. I hope it takes off because I think it would put a lot of competitive pressure on banks to offer similar features.

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