Internet Entrepreneurs Essay

The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic-commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start-up companies to try and make their niche in e-commerce. The Internet is drastically affecting the way companies and people conduct business now. E-commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large

So, you have finally decided that you would be undertaking a business endeavor. And among the best and first things that you considered is making it big in the online business niche. You clearly have the vision, you know the risks, you have already planned it in your head how you would go through it. All you need to do is to execute the plan and find out if you would be able to survive the business against other competitors.

This article tells how a young entrepreneur named Ben Casnocha started his successful business lifestyle at 12 years old. At 12, Ben started his first company. When he was in the sixth grade he wrote an HTML code to make ComplainandResolve.com. Ben founded a software company called Comcate Incorporated at age 14. He raised about $250,000 to start Comcate. “My Start-Up Like” is a book Ben coauthored when he was 19. The book is an entrepreneurial how-to manual. The book has been described as informative and entertaining. It allows readers to gain insight into the mind of an American entrepreneur. The book was wrote to recount Ben’s finding of his e-government technology firm, Comcate. The next book Ben coauthored was “The Start-Up of You: Adapt

Over the years, I have learned a lot not only about online success, I have also learned a great deal about people. While we all go about creating success a bit differently from one another, there are a few commonalities I’ve found, particularly with those who earn money online-

Reading the cases about E-Biz in Baltzan (2013), the examples of the “Million Dollar Homepage” and the “One Red Paperclip” (pp. 198-200), really sends the entrepreneurial mind spinning. The thoughts of “How else can one use the internet to raise money?”, “Which businesses might benefit from e-trade on the internet that are not already there?”, and “What other disruptive, nontraditional ways might the internet be used?”, all immediately flood the brain after reading the two examples presented in this exercise. Well, presented here is this author's response to the exercise.

Michael Gerber’s The E-Myth Revisited is great book for anyone thinking of starting a business venture. Gerber describes how most businesses are started because people are fed up with their boss, or think they are doing all the work already so why not work for themselves. He states that every small business consists of three main characters the technician (the doer and builder), the manager (the planner), and the entrepreneur (the dreamer, visionary). There are life phases in a small business the infancy phase which is the technician’s phase, the adolescence phase which is when the business owner gets some help, beyond the comfort zone, and, maturity and the entrepreneurial perspective.

Prior to 1995, AOL was very successful in the commercial online industry relative to its competitors CompuServe and Prodigy primarily because of its pricing rate structure which was the easiest for customers to understand and plan for ahead of time. CompuServe and Prodigy offered the same pricing as AOL for its standard service, but, charged additional fees for premium services and downloading which made it more difficult for customers to anticipate their monthly spending.

It is observed that the phrase “Entrepreneurship” has been used in disparate meanings by scholars around the world. In academic definition, entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control(Stevenson & Jarillo). In venture capitalist, entrepreneurship is the art of turning an idea into a business(Fred Wilson). In a simple word, entrepreneurship is the process of designing a new business and start new businesses is the most obvious example of entrepreneurship. Most researchers would agree with a definition of entrepreneurship as an activity that involves the

There is no doubt that the recent advancements in technology have granted further possibilities as entrepreneurs adapt to new concepts. The introduction of the internet was possibly the propelling factor that paved the way for new and competitive thinking. Today, millions of people are accustomed to using the web; it is very much a part of everyday life. “More than 70 per cent of

The Internet - The Good, the Bad, and the Ugly The internet is a computer based global information system. It is composed of many interconnected computer networks. Each network may link thousands of computers enabling them to share information. The internet has brought a transformation in many aspects of life.

In recent years, the Information technology sector has really taken-off and boomed up due to various factors such as enormous funding, alliance activities, revolutionarising technology and a rapid increasing domestic market.

Information technology is a rapidly growing part of today's society. It affects everyone's life in many aspects. Every human endeavor is influenced by information technology and the increasing rate at which what it can perform includes. One area of human endeavor that information technology has greatly influenced is the practice of medicine, specifically veterinary medicine. Not only has veterinary medicine been influenced by information technology, it has also been enhanced by it. The degree to which the practice of veterinary medicine includes information technology is observable at the Animal Emergency Clinic of Central New York on Erie Blvd. in Syracuse, New York.

This school sees strategy formation as a visionary process and is fell under the descriptive school of strategic management. The chief architect of the strategy is the CEO of a company. This school took formal leadership seriously and CEO is responsible for strategy formulation. It stressed on mental state and processes such as instinctive knowledge, belief, wisdom, experience and insight of a single leader. The leader should be visionary in formulating strategy. The entrepreneurial school promotes strategy as a process which has a clear image and sense of direction which can be termed as a vision. Entrepreneurial strategy often occurs in startup companies and organizations in trouble and needing a

In today’s world 3 billion humans are on the internet but there are also 4 billion people that are not. In the beginning of my study on the future of the internet, I asked myself this question: is it possible that everyone could be online and globally connected? Then I asked myself how, if everyone is online, the future of the internet change the experience of everyday life? Looking back, the internet is still a relatively new phenomenon as it was first created back in the 1960’s by a computer scientist named J.C.R Licklider. He envisioned a network of computers, called the galactic network, which would allow humans to be able to share information instantly. Overtime this is how the internet developed, as many of these networks that shared

The internet, what a wonderful example of connecting two people thousands of kilometres away with only the touch of a button. How extraordinary to think that in the pocket of most people is a device that connects one to unthinkable amounts of data and people only with the touch of a button. Almost all of us use smartphones on a daily basis. Smartphones work best when certain applications that supply different services are used (Basu:2008). Thus, developers saw a gigantic gap in the market of online applications and software sales. People sell different applications and software to different people in different countries throughout the world even though they aren’t physically present in the countries that the sales are made.