Building Profitable Internet Businesses Carefully

from the sounds-familiar dept

We've talked about this before, but more and more stories keep supporting the idea. With the economy downturn and people laughing off almost every "dot com" idea, some companies are starting to figure out ways to make money off the internet - though they're doing it by being cheap and smart. For instance, a surplus supplies store has been using the web to better its sales by building the site cheaply, and figuring out ways to get it passed around by word of mouth. Meanwhile, smaller content sites have been figuring out their own methods of making money, mainly by keeping a very small staff and relying on community. It seems that some real profitable businesses might eventually grow out of such efforts. Meanwhile, all the venture capital that went into similar "big" efforts has gone nowhere. Makes you wonder...