DISQUS

Mashable - The Social Media Guide: 2008/10/11/5-web-20-businesses-that-will-thrive-in-a-down-economy/

  • tony · 1 year ago
    > The United States (and, increasingly, the world) is filled with brilliant, creative, and entrepreneurial people...

    It's nice to see the rest of World is catching up with dumb Americans...
  • Pete · 1 year ago
    Heh, we're trying! ;)
  • Karunanithi · 1 year ago
    Evenafter seeing what happened to leyman,AIG,etc do you boast so?Dumb americans making whole world dumb
  • Greg Berry · 1 year ago
    I remain optimistic about entrepreneurism. In Colorado, there's a hiring fair going on in Boulder and energy, cleantech and health sectors looks strong in the mid-term. We're optimistic about strong entrepreneurial sectors regionally.

    It's time everyone transcends (and includes) the crisis, and starts to look out towards the post-apocalypse. This is where forward thinkers and polemics get their edge.

    Warren Buffet said, "get greedy when others are fearful, and be fearful when others are greedy." hmmm...
  • Anton Mantis · 1 year ago
    LOL, you forget Porn, we are making more money now than we ever have.
  • Sachin Agawrral · 1 year ago
    While the economic environment is tough for fundraising, Agarwal says, “Gaming is as recession-proof an industry as you can get. People cocoon and stay at home with games. We’re the ultimate Depression 2.0 company, since people want to extract value out of their used goods.” - http://venturebeat.com/2008/10/08/dawdle-launch...

    If you add value, you can thrive in this down economy. This is a high-beta period. The winners will really win. We're a niche online marketplace that helps people get maximum value - we're all about reducing the spread between buyers and sellers by disintermediating GameStop. It isn't just marketplaces for services that will do well.
  • Sachin Agarwal · 1 year ago
    Wow, I totally butchered by own last name. It's Sachin Agarwal. And it's Dawdle.com - http://www.dawdle.com. Cheez Whiz.
  • Leslie Poston · 1 year ago
    I am loving your positive post series on this, Mark.
  • Bob Woolley · 1 year ago
    Great article, and I think very related to how Government 2.0 will change and adapt to using Web 2.0 services as part of an evolving technology stack for government. As we define the Government computing cloud to include more Web 2.0 services, government will potentially save money and could at the same time play one of its key roles as an anchor tenant for technology services. The upside potential is impressive, and working differently is at the core of what Government 2.0 is all about is it not?

    Bob Woolley
  • Mik · 1 year ago
    I can't believe a "web analyst" is still using the expression "web 2.0"...
  • Mark "Rizzn" Hopkins · 1 year ago
    Just because you know who declared it dead yesterday doesn't mean it's an irrelevant term.
  • Kerry · 1 year ago
    "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance". --

    Cicero , 55 BC

    I posted this 2000+ year old quote in a blog here, a few days ago. (Don't hate. I know it's myspace. It's my personal blog and I just can't abandon it, hehe.) I then sat back and enjoyed the conversation that ensued. I saw how people were reacting in different ways, based on their point of view. Some were upbeat, others were negative, as is the way of the world.

    As you mentioned that we, as individuals and civilized groups, have navigated these kinds of downturns successfully over the last few decades; I take solace knowing that civilization and human progress has continued forward consistently, in the face of similar turmoil throughout all human history. I have no doubt we will come through this period bearing witness to amazing innovations that streamline communities and solve for the effects of this ongoing crisis.

    Thanks for your efforts at spreading positivity. You're not the only optomist out there. =)
  • Henrik Kryger Pallesen · 1 year ago
    Interesting that your post focus entirely on b-t-b related areas rather than the consumer driven areas that kicked off the Web 2.0 explosion in the first place. I actually agree with you as most new consumer web 2.0 services are merely new flavours of exisiting services. However, if unemployment rises people would get more time to spend on the net for entertainment (like the earlier post from the game-guy mentioned) and networking in order to find a new job. Hence, established services like Facebook and Linkedin could be winners.

    Regarding the b-t-b arena it's going to be interesting to see how quickly busineses will take on new web technologies in order to cut costs and increase their productivity. I hope dead quickly as this is the sphere my company is in ;-)
  • John · 1 year ago
    > Meeting tools like GoToMeeting and Webex immediately spring to mind

    Neither GotoMeeting nor WebEx is Web 2.0 based. They are typical client-server software product and require download and installation.

    A true Web 2.0 web conferencing tool is RHUB's TurboMeeting (http://www.rhubcom.com). Attendees can join a seminar meeting without download of any kind. No Java applet. No flash. No document upload like Google.
  • Mark "Rizzn" Hopkins · 1 year ago
    I think whether they're true web 2.0 is debatable, since they both run on a Java platform.
  • David - Los Angeles Search Mar · 1 year ago
    I use a cool coworking site out here - www.blankspaces.com. These things are a godsend. I do think that alot of companies will cut extranous costs of offices, and go to more freeflowing planning...
  • steve rosenbaum · 1 year ago
    There's all this talk about a recession or depression - but i'm not sure I see this as another 'cycle' in a standard economic story.

    It feels to me more like a significant re-alignment.

    What started it? Well, there are some factors that all line up for sure. First, the never ending war in Iraq... which doesn't appear to have any strategic, or logical end. The costs are huge. The results unclear. The justification unfounded.

    http://zfacts.com/p/447.html

    This isn't going to provide any economic growth, but rather a terrible drag on our economy, and our place in the world.

    Second, despite the endless cry of reducing our dependence on oil (foreign or not) we've done little. So, when oil companies increase the price of fuel, record record profits, and put the budgets of average American's in a tailspin, well - that's going to have economic consequences as well.

    The 'good news' is that for those of us who are building business based on collaboration, sharing knowledge and data, and trading of bits rather than barrels of oil - we're on the right side of the realignment. That said, the current economic crisis and realignment will have major consequences, many of them unintended.

    Which is why looking for ways to partner, support our peers, and build new collaboration opportunities is going to be critical.

    This was going to happen - it was in the cards - but having so many things happen at once is certainly not going to make the transition any easier.
  • Greg Berry · 1 year ago
    Steve,

    Great and insightful comments.

    I think you are right on track. Good luck, as I fear even good people with the best intentions and solid products that provide meaningful value will get caught in the unintended consequences.

    As I read to my son at least once a week:

    So be sure where you step.
    Step with care and great tact.
    And remember that life's a great balancing act.

    - Ted Geisel (aka Dr. Seuss)
  • Marisa I. · 1 year ago
    Collaborative tools are a great way to save money, save time and increase productivity. I have used web meeting software (used to use WebEx, have been using Yugma lately- it is only $10/month) to meet with clients. It makes me more accessible to my clients, which gives me a legs up on my competition, and I save a lot of money by not traveling across town for 20 minute meeting.
  • Designer · 1 year ago
    nice article
  • Frank · 1 year ago
    Great post! Mark.

    Hiring a virtual assistant is another great way to cut cost. We use BPOVIA, a leading virtual assistant and Knowledge process outsourcing (KPO) service provider. They can provide a full time remote employee working for you 8 hours a day, 5 days a week for just $900 per month.
  • Shawn · 1 year ago
    Thanks for the great article, especially on the subject of bootstrapping, which, of course, by definition must be based on both efficiency and creating a product customers need. I added my own comments to this post on my blog as well.
  • alexander-social media guy · 1 year ago
    I agree with your sentiments for these growth areas. The days of thinking up any inane idea which has no prayer of making money and no profit model are gone. At least in terms of getting venture capital.

    They'll always be room for them as garage projects on a shoestring budget.

    I especially believe the workplace tools to increase efficiency will be a huge growth area.
  • Geld Lenen · 9 months ago
    Thanks for sharing, I belive that solar energy companies will lead the market
  • BPO Specialist · 9 months ago
    "At the end of the day, a society’s economic standard of living is based on the ability of its people to do more with less resources. Less time, less money, more output."Great statement.

    The statement clearly defined the increased demand of labor to be able to meet the needs of a modern economy at a lesser cost. That is why BPO industries are available to cater the requirements of clients which ask certain skills from the employee without having to pay the usual high cost of productivity.
  • enollor · 6 months ago
    Web 2.0 is surely the way to go in today's business. There are a lot of different social networking sites that people are using to make money If you find the right site and establish yourself you can take advantage of this for sure. I run a article directory and here is the url on web 2.0 http://www.newworldproducts.org/Articles/search...
  • Arihant Kothari · 4 months ago
    Simplicity to use by common man is the key. Revenue will come either in one or more of the following ways - Ad Network, Affiliates, Analytic insights.... no....not by charging users to use services.
  • alisonjuli23 · 2 months ago
    We creat AWARD WINNING Web content
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  • webdevelopmentindia · 2 months ago
    This is a great article and it is right that web 2.0 is slow down by economy crisis.