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Subject: | Re: UKNM: Nutravida.com |
From: | Kief Morris |
Date: | Fri, 1 Sep 2000 15:45:06 +0100 |
Robin Edwards typed the following on 21:24 31/08/00 +0100
>Anyone on the list in a position to comment on why these things are
failing
>(Boo excluded - mail gateway will block emails over 3 meg long....) left
>right and centre?
Inflated expectations. In today's climate (well, maybe yesterday's climate)
every business idea has to be a Yahoo or Amazon, anyone trying to build
a �5million/year business is a chump. It's a "Nine figure-plus market cap or
Bust!" environment; but if you take an idea which could make a nice,
profitable
�5 million/year business with 20 employees, then borrow tens of millions of
pounds and hire a hundred employees, your chances of reaching the latter
destination are much greater than reaching the former.
The reason the internet is a great business environment is that you can use
it to do more with less. That idea has been lost in the rush.
\kief
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Replies
UKNM: Nutravida.com, Robin Edwards
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