Why many Business in SecondLife failed?

Posted by Richard Palace in April 22nd, 2007

Why many Business in SecondLife failed?
Many business in SecondLife failed because they buy land instead of renting. You need to pay USD$9.95 per monthly to be a premium member. Only premium member can buy land. When you buy land, you pay about 25x of the weekly rental. Not forgetting you still have to pay monthly tier to Linden. Instead of renting more locations, money is parked into a land that does not produce positive cash flow into your account. Renting multiple locations are better than buying a single locations. Keep the better locations and cut away the bad locations.

Why rent insteading of buying land?

1) You can stay as a FREE member. You save USD$9.95 monthly.
- This amount of money can be used to rent 3 x 512 sqm monthly.

2) Paying rental can be cheaper than pay monthly tier to Linden.
- Palace Land rental is definitely cheaper than paying monthly tier.

3) Most land parcel are sold side by side. There is no allowance for public use. Worst if everyone build right to the edge of their land. You end up buying a box. The only way to get out is by flying up or teleport to another place.
- Palace Land build a better sim. Each parcel has walkway that are linked up throughout the whole sim. Resident walk from one corner to the other corner of the sim instead of flying.

Mainland sim developed by Palace Land

1) Blue Quill (M) - For sale and rent

2) Malyshkin (M) - For sale and rent

3) Anastasiya (M) - For rent only

4) Sacaramanga (M) - For sale and rent

For a list of land for rent, search places for “Palace Land” (inc. Mature).

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