January 30, 2005
Economic Transparency of a Business Model
Some businesses thrive and flourish specifically because they are inherantly transparent. Others do well only because people do not realize how successful they are.
Some stuff I do is rather transparent...other stuff, well its not so transparent.
Typically building perceived value or having a deep technilogical understanding are going to be the most critical steps to thriving in a social network such as the web.
Most markets are not saturated with interesting and useful websites, just a ton of cluttered shit. If you can figure a way to draw enough eye balls into a targeted niche then eventually a business model should follow.
People often overlook the fact that they could do much better for themselves by making their business model more or less transparent. Test a variety and hopefully at least one will fit ;)
This week I intend to diversify my revenue stream a bit :)
Posted at January 30, 2005 4:44 AM