The dot-com bubble seems to have bust. Was the thought of making a profit on the Internet just a pipe-dream?
The dot-com glory days are far from over. What we are experiencing is marketplace evolution — in Internet Time. That simply means that like a child growing into a teen, ecommerce is experiencing some very sharp growing pains. Without the nourishment of the rivers of venture capital that flooded dot-coms in the late 90s, the Law of Survival of the Fittest in coming into play. Those dot-coms that don’t survive probably weren’t viable and thought through to begin with. So good riddance. And those that remain are going to be stronger and more resilient than ever. We’ll see the reemergence of two supercritical traits in the months to come; Creativity and Discernment. If you follow certain principles of the brick & mortar world you can be extremely successful on the web. These include: • Testing to see if a new product or service is viable and worth investing in; • Niching to specific industries or demographics, and creating multiple niches to avoid having all of your assets in a single sect
