Make Money Online

The New Economy

• Web will radically change the business environment
  • But will not destroy all that went before
  • In many instances people like to examine goods before they buy, eg Sears, Walmart, supermarkets, books etc...
  • But Sears, Walmart et al will need to price competitively, otherwise they will become showrooms for online shopping
• Web will create enormous opportunity for self-employment
  • But corporations (consisting of empowered individuals) will still have advantage of buying power & infrastructure