Open Intelligence

February 2, 2010

This time next year, you won’t be millionaires

Filed under: Work — Tags: , , , — Simon Greenwood @ 9:58 am

Despite the desperate grabbing at the news that there was a small amount of growth in the UK economy in the last quarter, the recession continues to severely affect small businesses. For many the time has come to look at other ideas to raise income, and for a lot of those, they look to the Internet.

At first glance it’s attractive: there are many schemes and ideas that promise guaranteed income in return for a small investment and a little work, but as always with such things, if it’s too good to be true, it probably is. Someone’s probably making money, but it almost certainly isn’t you. There just isn’t any substitute for hard work, even in the information bus-lane. This even applies to Google Ads, selling stuff on eBay (so 2005, don’t you think) and any kind of referral scheme. It might buy you a couple of beers, but don’t expect to retire.

You might have a good original idea. They do still happen, as Facebook and Twitter attest, but the best ideas remain organic and pick up when their founders least expect it. I’m sure it’s no secret that the top social networking services, in the UK at least, are based on systems that are held together with sellotape and string, caught out as they were by their growth.

For all that, the cost of entry for such systems has been drastically reduced by the use of cloud computing and computing on demand services such as Rackspace Cloud and Amazon AWS, which make the power of large web serving platforms much cheaper and make growth easier to plan.

If you have a good idea, sometimes it’s good to let another pair of eyes see them and give honest criticism. Simon Greenwood of Open Intelligence has been involved in and has been a watcher of the UK Internet industry since its very early days and has the technical skill and understanding to help with making your idea a success. <a href=”http://www.openintelligence.co.uk”>Get in touch</a> if you want to make your idea a workable reality.

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