Wednesday, July 9, 2014

THE CONTINUING POTENTIAL

These three factors--Moore's Law, acceptance of digital environments, and convergence--assure us that the potential of the Internet for the home-based entrepreneur continues to be nothing less than incredible. In the digital world, the large corporations have to compete, not just with each other but also with the home-based entrepreneurs. The large conglomerates no longer have the exclusive advantage. Given the low cost of computing power, individual entrepreneurs now have at their disposal the raw materials to develop digital products and processes and make them available to the world. Even more importantly, individual entrepreneurs can ban together in digital environments (such as SFI) to combine their skills and knowledge and use convergence to their advantage in a very efficient way, rivaling the large companies with the results.


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