Thursday 22 September 2011

Business at Speed of Light

This is the Information Age and now you can do Business at Speed of Light. This is the era of Digital Money means now you can make money at digital speed (Speed of Light). After 1990, The Industrial age gets over and the Information Age started. And with the birth of the Internet, more and more millionaires and billionaires born and will be born in the future.
We can not see the potential of Internet with our eyes because it is invisible. We can only see the potential of the internet with our minds only. And this is the reason why still many people don’t believe in the power of Internet.
Let us discuss one Example. The Example of a Doctor & High School kid having a web business.
We used to believe that doctors are the highest earning professionals world wide. Well, it was true once upon a time (Before 1990) but today this is not true. Those days are gone when doctors were earning highest.
Let us compare doctor with high school kid having a Web Business say for Example Blog or a Dating site or a Social Network…!!!
Now, a doctor can see one patient at one time and work for maximum 15 hours a day. And on the top of this doctor’s target market will be a city or a town in which he is practicing. Say for Example Ahmedabad City of Gujarat state of India. Ahmedabad city has a population of 7 Million (70 Lakh). So there is an upper limit of doctor’s earning. A doctor can not earn 24/7.
Now there is a high school kid who is a Web Entrepreneur and who has developed his own Dating site out of scratch only. The main advantage to this kid is, The Internet Population is 1 Billion (1000 Million) which is 142 times higher than the population of Ahmedabad city. Not only this but this Kid’s dating web site can make money 24/7. Means even when the kid is sleeping.
For this high school kid, more web traffic means more revenue and less work while for a doctor, more patients means less time to spend with his family and more hard work in the field.
Take the Example of Plentyoffish.com, an online dating site.
The founder of the site is only 28 today and a Canadian Citizen. He earns US $ 3,00,000 per month from his this dating site via Google AdSense. And that is US $ 3.6 Million / year….!!!!
This is the power of Information age and doing Business at speed of light.
The generation born after 1990 is Techie. They have seen the world through the Internet only. And now they have started their Ventures in the Internet in the form of Internet Businesses. And in no time, they started becoming rich, Ultra-rich.
The new generation don’t believe in the idea of go to school, work hard, get good grades, find a safe and secure job, save & invest in mutual funds or retirement plans and retire at the age of 60 or 65. The Internet generation believes in retiring in their thirties or early forties. They believe in making money at the speed of light.

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