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CNN Business - new business trends on the internet
CNN Business recently ran a couple of stories regarding new business trends on the internet. While some of is not really 'new' to tech savy people, I do appreciate the fact that these forms of businesses are getting more main stream attention. Why? Because I believe that it is a very good thing for our economy that the internet allows more and more people to either supplement their income or find a more lucrative means of gaining income. Economics is the study of limited resources and after all time is the most limited of all resources. Giving people an alternative means to make additional revenue is fantastic as it will ultimately increase the economy as a whole. While some of these trends do require some technical know-how, this first article requires mostly the skill of a good researcher/writer as there are plenty of hosting services that would allow a beginner to create a basic site (and therefore a business) for less than $10 a month.
New Ways to Strike It Rich on the Web
For instance, Carter didn't know a thing about asbestos when he launched AsbestosSurveys.com - yet it sure looked as if he did. He wrote about regulatory changes in his native England by culling data from a government website. He explained what property owners needed to do to comply. He even posted local phone numbers for his "business" in London, Manchester, and Birmingham, each of which was forwarded to an answering service.
When inquiries flooded in, Carter steered them to an acquaintance who really was an asbestos surveyor. The requests were far more than one surveyor could handle, but Carter continued to book new customers.
Last August, Jones paid $1,000 to buy 411Hype.com, a website about all things hip-hop. He beefed it up--added some forums about fitness and health, for example--and managed to boost traffic by a couple thousand unique visitors, to 7,000 a month. Then, in late March, Jones put the site up for sale on a marketplace called SitePoint. He was bombarded with offers, quickly closing a deal for about $13,500. "I spent less than an hour a day on the site," Jones says.
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