Successful Business

Starting a business has never been easier than it has been since the advent of the Internet. But if you want to be successful, you have to work at least as hard as you did with previous businesses based on physical products and services, and often more. So what are the advantages of a digital internet business? Here are some of the advantages that are key for most new entrepreneurs: - No startup costs - Low or no operating costs - You can work from anywhere - You can start alongside your regular job - No need for staff, expensive machines, equipment… - The whole world is your market But as I said, you also have to work for online businesses. Moreover, since your market is the whole world, your competition can be all over the world. You need at least averagely good marketing to achieve average results. There are a lot of entrepreneurs in the world who are equipped with good marketing. Of course, there are also plenty of marketing campaigns that represent almost no value. The latter is a...

Old business ideas—new business ideas The rapid development of information technology has led to an economic transformation: Occupations and services have disappeared, and a whole range of new businesses have been born. In the first seventy years of the 1900s, precision mechanics was still one of the best professions. They repaired typewriters and classic, cellulose film cameras. Then, as classic typewriters and cameras disappeared, so did precision mechanics. They were no longer needed. After all, repairing computers, smartphones, and digital cameras that replaced classic typewriters and cameras is no longer profitable. By the time they need to be repaired, they are technically completely obsolete. Meanwhile, the price of new-generation equipment is falling so rapidly that repairing the old one costs more than buying a much better, capable piece of equipment. A few decades ago, printing houses producing city maps were among the most profitable printing houses. City maps were printed i...