Conspiracy Posted March 19, 2008 The web defined a lot of lives and set new laws of economics that baffled most scholars, with new business models that not only benefits entrepreneur with capital but also garage kids in third world with bright ideas. This notion is very visible with the explosion of high speed broadband, low price of storage capacity and rise in innovation see: web2.0, you’d need only internet connection and for very limited period, now (A) you could get free storage from any ad hungry company that would not only give you a huge bandwidth but filled with ads too but not to despair for as little as a school boy’s weekly allowance you could get a decent size storage equipped with apache, php and everything your heart may desire from the open source community god bless them, but what’s the use of that without programmers we turn to code your application now and again (B)free developers on sites such as rentacoder . These developers will all compete to write your code for you and you pick the cheapest! If you worry about privacy assign different coders for different sections of your application and it wouldn’t need a genius to assemble it and it still won’t cost you more than a Friday night out. To get the word out also known as advertising © thanks again to free service such as digg.com, reddit.com and stumbleupon.com you could easily rise to fame, some blog posts launched into the blogosphere and picked upon by one of those above mentioned sites will get you so much hits you might need to increase your bandwidth. Now this is the tricky part you’d need an idea (D), which with enough determination and insight will come using one of many business models the internet bestowed on us such as register for free get the product for free pay and pay for support or pay for premium service or the classic ad revenue although the later cannot be achieved without considerable amount of users being involved. Assuming you found your perfect idea and executed it perfectly and you are in for a “rags to riches” scenario? Nope. Sir, users will demand more and once you out there other competitors who are offering exactly or even better than what you’re offering will appear suddenly and you all will be competing for the spoiled user’s loyalty and eventually your very cheap project will demand capital to stay afloat with the competition, which is the reason most startups fail in their first year if they’re lucky enough. So the question is does A+B+C+D= net flourishing or A+B+C+D=another bubble bursting? Quote Share this post Link to post Share on other sites