Jeremy asked recently if anyone is making money on Web2.0. I thought about this question for a while and came out with a short answer. Clearly this is not the full picture but just an aspect of it.
Web2.0 is not a rocket science technology. If you have some good skills in IT, you can almost setup a Web2.0 company individually or with just another person. I have recently learnt Ruby on Rails and I must say its really simple and straight forward. With good tech skills, a solid idea with a good business plan, making money on Web2.0 is easy. You do not need a large user base for your application to make money. With two people on the team, overheads are low, server spaces is getting cheap by the days and making a profit is much easier.
Just my two cents worth
Making money with Web 2.0
Monday, March 3, 2008
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2 comments:
This is one area of a business where I see two-man army setting up a company, while having the flexibility to pursue a full time work outside it.
Defintely love the FLEXIBILITY.
Amen to that!
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