Wednesday, February 28, 2007

The Power of the Internet

Thought of the Day: Am I the only one who laughs during Elton John's "Rocket Man" when he talks about missing his wife?

Thought of the Day #2: I was wondering the other day why Barbra Streisand seems to be fighting for the "common man" and the "downtrodden", but if I wanted to take my wife to see her in concert I might have to refinance my house.

I can't believe what this thing called the internet has done to our lives. Thanks, Al Gore (sorry, had to say it). If you don't realize the future of business is via the internet then you are not paying attention. I didn't realize it completely until the last six months or so. Electronic commerce (e-commerce) is changing product and service distribution in an incredible way. Just as Sam Walton changed product distribution years ago, people who are getting involved in e-commerce have a similar vision to Walton's.

Product distribution doesn't have to go through all of the steps that it does. That is why you and I pay $100 for something that only cost $5 to manufacture. People are slowly realizing that products can go right from the manufacture to customers through the internet. And what millions of people don't realize yet is that there are ways to buy products online and keep the profit for themselves instead of it going to distributors and dealers.

Experts will tell you that by the time a college student reaches his/her junior year, the information learned during their freshman year will already be outdated and worthless. That's unbelievable. In the last few years I have met and done business with people from all four corners of the world and it's only cost me the price of monthly internet service. I would have never believed ten years ago that I could have done that.

If you aren't involved in an internet business, you need to start looking real quick. And don't allow yourself to think or say, "Something like that is not for me." I said that four years ago when a friend tried to introduce me to an internet-based business and I'm kicking myself for not listening to him. I let my ignorance and pre-conceived notions get in the way. Who knows where I could be today if I would have listened to him.

You may not like the power of the internet, but reality is reality.