Thank You Dein, Michael & Boyd

Thank You Dein Rice, Michael Ross and Boyd Stone on your thoughts. I will be starting my Internet venture soon selling information and services online. My Internet Venture will be focus on providing free Marketing E-books, Newsletters, E-zines and How To materials for "Newbie" Internet Entrepreneurs like me.
From my experience "information" regarding this subject is all over the Internet and its confusing. I hope to consolidate as many FREE information as possible into my site and try to assist new entrepreneurs like me to gather as much and most importantly "value, in depth and accurate" information to start their internet venture.
I welcome as much information as I can get from all of you and in return I'll assure you my best in promoting "value, in depth and accurate" information that you are able to share with Newbie Internet Entrepreneurs.

TIA.

Yours truly,
Nasrat Star.

Hi Nasrat,

I don't mean to "rain on your parade" but how will your site stand out from the millions of other sites which also offer these things?

Also, are you going to write these yourself? If so, I would get some experience in marketing online before teaching others....

Part of the idea of a niche is to distinguish yourself from others. If you are doing something, and there are a thousand people doing the exact same thing, it makes it just that much harder for you to succeed, because you are competing with a thousand other people to get the same customers. However, if you're satisfying a particular niche "target market" which nobody else (or very few others) are competing for, then it's easier to succeed, since you have little competition!

What a lot of people do is they see what everybody else is doing, then they copy that. However, it's not the best approach, because it ensures you are NOT unique. I think a good approach is to take ideas from one area, and apply it in a totally different area.

As you may know, my background is as a physicist. Back in 1995, when I was a post-grad student, I started an online "quantum optics directory" for people in my research field. The goal of this was to get my name known - and it worked! I'd go to conferences, and people would see my name tag, and recognize it!

However, with the online "quantum optics directory," I just did what I said earlier.... I noticed Yahoo, and the success it was having. (Yahoo was less than a year old then - they started in 1994.) I took their idea (of a directory), and applied it to my specific field, to create my quantum optics directory. Take a good idea from one field, and apply it in another area, and you'd be surprised how successful it can sometimes be. :)

- Dien Rice

Nasrat:

First, if you actually do start your Internet venture, as you say, then kudos for actually doing something.

But before you start with your proposed venture - giving free things away, to people like you who don't know how to start an Internet business, about starting an Internet business, let me ask...

HOW are you going to make money when you're giving it all away?

Seeing as you are new and don't know the good information from the bad, as you say, how can you gather the good information only, as you say you want to do?

You are new and don't know what you're doing on the Internet and you want to help others who are new and don't know what they are doing on the Internet. Don't you see something a little bit odd about that? The blind leading the blind. Don't you think you should at least know what to do and how to do it before helping others?

Michael Ross




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I would ask you to re-think your idea, and
more specifically, suggest you target another
area other than the highly oversaturated
"How to make money on the Internet" market.

Take a look at your hobbies, passions, interests,
and past experiences, and I'll be you'll find
a market that's not so overcrowded and just
as hungry, maybe more so.

I had a conversation with Yanik Silver last
week and he basically said that unless you
already have a compelling story to tell about
your own success in this arena, you're dead
meat trying to make a go of it in this market.

And I couldn't agree more.

Just something to consider before wasting
alot of time, effort, and money resulting
in a whole lot of disappointment.

Cordially,

Mike Wirth