Thursday, December 4, 2008

Business model for entrepreneurs.

Entrepreneurs

As the world economy slides into a recession of significant proportions – an opportunity arises: Thousands of strongly motivated, intelligent and entrepreneurial individuals, worried about their financial security are starting to look for either an additional stream of income or a completely new start.

Generally speaking these people:
Do not have the capital to create a product from scratch,
They have a sense of urgency and do not have the time to build a piece of technology
They may not have sufficient technical skill sets to build an internet business on their own.
The idea of an internet service is appealing to them – both because of the ongoing prestige of being a technology entrepreneur, and because of the low per unit costs of the service / product.
The idea of an annuity business is attractive to just about anyone
The potential for creating a viral business, or b2b business holds some hope of being either somewhat recession proof, or being a success on a monumental scale.

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