Disclaimer: I do not earn billions of dollars by clicking endlessly on my computer...
That aside, I was out shopping for Lunar New Year clothes with the girlfriend. Not surprisingly, we ended up at Far East Plaza. While we were walking around FEP...
H: Eh, you know this shop...
*points to a shop named Ohsofickle*
The lady boss is a young, 19 year old girl, you know? She started out with a blog shop.
She probably earned enough big bucks online to open her own store in a physical location. Oh well...
I guess that example states one of the many successes that were made possible because of e-business. Young entrepreneurs such as the lady boss of Ohsofickle dared to dream, and they succeeded. Nothing ventured, nothing gained, right? Of course, there are also e-businesses set up by well-established companies, example being Del Monte (Forgive the shameless advertising, my dad happens to be the sole distributor in Asia. Heh.).
However, not all e-businesses end up becoming successful. In fact, I've heard that out of so many e-businesses being created, only a handful actually survive. Perhaps this is because of stiff competition on the web? I think that if I were to set up an online bookstore, I would probably wind up in a few days, reason being that better, more established online bookstores are already available on the web (Amazon, Barnes and Noble, etc). Therefore, nobody would care for a small online bookstore thingamajig, right?
Perhaps the key to online business success would be to sell some unique stuff? Just a thought. :D
On a side note, happy Lunar New Year to all!
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