What do i need to have to start a social networking website

Am 17 years , and i wanted to start a social website like facebook and myspace, and i was wondering what softwares do i need like the one for instant messaging, applications and what other requirements do i need to have ..like how many computers, staff and all office requirements to connect me with my users. how to host it and connect it and it starts working. how much is needed and how much can i be making out of it as in profits.what other web designing softwares or programming classes should i go through.please inform me
      Answer1:Dont bother, theres too many competitors. And if you do bother, you need to have some pretty impressive unique selling points. Find out if there is anything facebook and myspace users are dissatisfied about and why. Youre gonna need an awful lot of money to set all that up as well. Just warning ya.

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