Expert business advice from Bob Young, CEO and Founder of Lulu.com, as he paints a graphic, easily visualised picture of the opportunity that exists online today – and it is huge!
“As well as the internet being sort of remarkably revolutionary in this concept that it connects everyone together, what it does for entrepreneurs, for businessmen everywhere is that it creates this massive opportunity.
So it is hard space to get your head around because it doesn’t relate to the real world. In the real world if you work really hard today you could go out and say you had a service you could probably talk to one hundred, maybe two hundred.
Maybe even if you were truly the energizer bunny you could talk to three or four hundred people about your product. On the internet you could talk to a million people today alone about your product. So the scale of the opportunity makes the investment worthwhile.
So whether you figure out how to use EBay to advance your service, whether you use Lulu to publish your video or your book or your music or whether you use Google to resell to put up ads on your website so that you promote your product or your service. You give away your product or your service but you make the money by surrounding it with ads which is nothing more than the old magazine or television model when you think about it. We always got television shows for free and it was an ad supported content.
Well that’s what the internet is with Google ads, which is why Google is doing so well. My point simply being is the internet is simply full of opportunity and it is still a very immature world. We are looking at this internet market place less than ten years after its invention, well maybe a little more than ten years.
Imagine radio invented in what the 1930’s, in 1950, radio has come a long way since 1950. Television it’s like looking at television, I mean television was basically invented when I was born in 54 and you are sort of comparing television in 1964 to the internet today. As in the …
Duration : 0:2:44
It seems so long …
It seems so long ago. Now all we need is cheap mobile calls Europe wide….
Speaking of phone …
Speaking of phone bills…could you live without your cell phone?? You can do so much now on a high tech phone, even access the net!!
Long live skype lol!
Long live skype lol!
i know what you …
i know what you mean i remember a student and having a boyfriend who was always abroad in the army my mother was horrified at the phone bill $650 for one month. IT took me almost 6 months to pay them back for that one month. Imagine how much easier it would have been for my mothers heart if i had known about skype or even if it had been around then
Of course at the …
Of course at the bottom of the world too!
I forgot to add …
I forgot to add this was in reply to businesstvkelsi
what about the …
what about the bottom of the world?
Yes well i could …
Yes well i could live without it jax6992, but it would definitely make it a lot harder to keep in touch with them. I guess there was a time when i did live without it!!!
I remember how …
I remember how expensive it was when I had to call my family and friends who live overseas and one time my phone bill was like $900 !!! And that too when I was a student! I was so broke for ages trying to pay that bill off! But thanks to skype emails I can actually talk to them for ages without spending a fortune.
Definetely, I can’t …
Definetely, I can’t really imagine what it would be like not being able to jump online and check my emails or skype with some family and friends on the other side of the world.
But Alli do you …
But Alli do you think you could live with out it?
I am also like …
I am also like businesstvrebecca and have a lot of friends and family who live overseas. It is a lot easier to keep up to date with what they are up to with things like facebook.
no worries, there …
no worries, there some real cool ones. Try writing (mooning) with the brackets around it.. hhehe
thanks for that …
thanks for that jax6992, I just found some hidden emoticons, very cool
I will do that… …
I will do that…thanks jax6992
If you do a google …
If you do a google search for hidden skype emoticons, there are some links to vids that show you the code to use.. some really funny ones! Make sure you find someone that you know quite well on skype to test them out on hahan!
Didn’t know that, …
Didn’t know that, must have a look
Where are the …
Where are the hidden emoticons???
Yeah skype is great …
Yeah skype is great (and free)
I love the …
I love the emoticons too… there are some cool hidden ones in there too!
I love skype too… …
I love skype too…I love the smileys!!!
I am one of six …
I am one of six children living all round the world and its a great way for us to keep in touch – especially skype
Ohhhh emails… …
Ohhhh emails… thats a tough one! See I could live without facebook if I didn’t have emails but ooooh… Well I guess I could cause when I first started work we only had 1 dial up connection that we all had to share between 20 of us! And I didn’t have internet at home..
Very addictive …
Very addictive BusinessExpertsNat. I just love the easy way it keeps you in touch with people. I am a big internet banking fan too. Could anyone live without email??
Happy to help
am … 
am interested too to hear what others have to say about this thread?
Happy to help