Learn How To Set Up Your Own Social Network Step By Step Using Elgg - A Free Social Networking Script

With the ever-growing popularity of social networks nowadays, it is no wonder that more and more of them keep popping up. In fact, one would be hard pressed to find a person that does not belong to at least one social network or site.

It's easy to understand why they are so popular though. Social networks are a great place for like minded individuals to mingle in cyber space. These groups of people converse with each other, plan activities and do lots of other things depending on the group. It is truly fun to be a part of a social network that shares your interests.

So, why would someone want to create their own social network?

Well, besides the great social connections you can make and the fun you can have meeting these individuals - there is also another reason why one might consider creating your own Social Network: they can be very profitable!

Now, I'm not trying to tell you that setting up a billion dollar social network is easy. Far from it. But, the profit potential is there and it's fairly easy to generate a decent amount of passive income from a Social Network once it starts to grow.