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Thread: The future of web business

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    memenode's Avatar
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    The future of web business

    This might be useful:
    The bottom line:
    • Startup overload. Have a good idea? Chances are someone else does too and is already working on it. We're living in "exponential times" so speed to market is of great importance, for better or worse.
    • Thinking ahead. Precisely because of the above exponential change and startup overload, thinking ahead becomes even more important. If you're a few steps ahead of everyone else this gives you some time to flesh it out, as well as the opportunity to be the first in a market that has barely started yet. This may require having a vision, thinking outside of the box, and being a little crazy.
    I started thinking a little about this last night after reading more stuff about the now ex-CEO of Apple Steve Jobs, whom I find inspiring. I admire Apple for a variety of reasons. If I tried to summarize them it would probably come down to the cohesive vision, its uniqueness, and the brutal ability to stick with it and stay focused. I was reading Steve Jobs old Playboy interview and realized just how new computers were back then, and how strange might Steve's "far out" pronouncements about their future have sounded when he said things like "computers will be as common as kitchen appliances". It was probably close to as crazy as what transhumanists commonly pronounce today about tech like bio-engineering, advanced nanotechnology, brain computer interfaces, human augmentation and intelligent machines.

    I think we need to get really really crazy, and find a way to be both crazy and right, and then figure out a way to make a business out of it. Now, how does that apply to web developers, web designers, internet marketeers etc.? Where are the crazy ones with the ruthless vision?

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    mukluknation is offline Newbie Net Builder
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    Great article. I like your the first point that you made in your summary. People are oftentimes surprised to find that their beloved idea has not only been tried once, but has an entire market on it on the internet with multiple competitors!

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    The future of web business is very bright. Everybody wants to make own website for connecting the customers.

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    merlynridinger is offline Newbie Net Builder
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    I really hope so. Sometimes it looks like it's getting harder when Google updates their search engine. But there are always new ways to build and optimize you websites.

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    CodyColby is offline Unknown Net Builder
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    Nothing in the world makes people so afraid as the influence of independent minded people. - Albert Eisenstein
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    88dbsakthi is offline Newbie Net Builder
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    The smashingmagazine article is really brilliant . simplicity and SEO are the key-trends are the driving points.

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    CodyColby is offline Unknown Net Builder
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    We are moving into an age where most original, practical ideas have already been used, reused, recycled, and have been through that cycle 20 times... The key to succeeding in this type of situation is analyzing your competition and figuring out what works and what doesn't. Many business owners still run off of the thought process of, "lets try and see if this or that works". This can be a critical mistake, it wastes their time and resources on something that may work. What is being done now is refining, fine tuning industries. This creates a higher quality of service or product. Its basically a form of business evolution.
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    One thing that seems to work well is to embrace new technology and master it ahead of the competition. For example, companies offering services targeting the latest mobile platforms and future trends in web site rendering (HTML5, WPF etc.)

    The learning curve can get steep quickly if you don't move with the times (like I am re-learning how to code dot net apps. and was a bit concerned with how far I fell behind).

    I read a quote recently that was about why bother with these new enhancements to apps. if it works fine? But the problem comes when your competitors are using these enhancements, and your customers develop their expectations.
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    Quote Originally Posted by memenode View Post
    The bottom line:
    Startup overload. Have a good idea? Chances are someone else does too and is already working on it. We're living in "exponential times" so speed to market is of great importance, for better or worse.
    Thinking ahead. Precisely because of the above exponential change and startup overload, thinking ahead becomes even more important. If you're a few steps ahead of everyone else this gives you some time to flesh it out, as well as the opportunity to be the first in a market that has barely started yet. This may require having a vision, thinking outside of the box, and being a little crazy.
    The vision may not be as important as the execution. Back in the 1980s there were tens of thousands of small operations building and selling PCs. In 1984, Michael Dell launched a PC business from his dorm room and basically just assembled personal computers.

    Having a vision is all well and good. But you need to be able to monetize it.

    Quote Originally Posted by Andy101 View Post
    I read a quote recently that was about why bother with these new enhancements to apps. if it works fine? But the problem comes when your competitors are using these enhancements, and your customers develop their expectations.
    I'd say that it would be better to create new apps using the largest and greatest enhancements.

    Leave the old apps alone as cash cows.

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    memenode's Avatar
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    Quote Originally Posted by bogart View Post
    The vision may not be as important as the execution. Back in the 1980s there were tens of thousands of small operations building and selling PCs. In 1984, Michael Dell launched a PC business from his dorm room and basically just assembled personal computers.

    Having a vision is all well and good. But you need to be able to monetize it.
    I agree. I think execution is what made Zuckerberg's Facebook succeed while his colleagues who had similar ideas failed. I just think that the vision adds a special something that can make a business more unique, give it clearer direction and purpose, and potentially make it more disruptive (if it is a bold vision). It might not be the most important thing if we simply talk about business success in general, but vision gets more important if it's more than just about making money. This world, and life in general, would be boring if all any entrepreneur ever wanted was to just make money. For some there's a purpose beyond that.

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