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  • Member You - Are We Heading Towards Another Dot Com Failure?

    Forklift Safety Training Videos and CBTs - They Should NOT Be Your Stand-Alone Training Solution
    As corporate profit margins get tight and companies begin to squeeze their labor dollars, one will find that the first line item of scrutiny for any financial officer is the amount of money spent on a training budget. Experts on both sides of the issue argue daily about the indirect financial impact of well-trained employees vs. the direct expenditures of having them trained. For many companies, the trend of relying on video training and computer-based training programs (CBTs) has been the perfect blend of information dump and cost-efficiency.In many cases these media provide maximum information in a minimum amount of time. They
    r>

    * After digg.com there’s HumDigg, IndianBytes, NewsCola, PutVote, IndiaMarks.

    * And the same goes for social networking sites. After the success of Orkut now we have -- Jhoom.in, minglebox.com, yaari.com, fropper.com, SaffronConnect.com, rediff Connexions, hangoutwith.com, onlineslambook.com and other thousands.

    This shows a Herd mentality. There is a nice article about "Herd Mentality and Indian Startups" on startupdunia.com.

    Even for information on "Indian Startups" there are atleast 15-20 sites. e.g. startups.in, webyantra.net, contentsutra.com, startupdunia.com, indianstartups.net are just few to name them.

    Many of these startup sites are getting millions of dollars in investment. And lo

    12 Tips On the Elements of a Successful Interview
    Throughout the many years of my recruiting experience, I have collected feedback from employers and candidates alike. Fact: You will get hired because of the solid job you do during the interview. Remember: The interview is your opportunity to present yourself at your best. It is an opportunity to make a positive impression about you. How do you make your interview a successful one? From many feedbacks as well an my own personal experience, please allow me to share with you a few of these elements of a successful interview: Be prepared – research the company you are meeting with.With the enormous amount of information available
    The "dot-com bubble" was a speculative bubble covering roughly 1995–2001 during which stock markets in Western nations saw their value increase rapidly from growth in the new Internet sector and related fields. The period was marked by the founding (and in many cases, spectacular failure) of a group of new Internet-based companies commonly referred to as dot-coms. A combination of rapidly increasing stock prices, individual speculation in stocks, and widely available venture capital created an exuberant environment in which many of these businesses dismissed standard business models, focusing on increasing market share at the expense of the bottom line. The bursting of the dot-com bubble marked the beginning of a relatively mild yet rather lengthy early 2000s recession in the developed world.

    Early in the bubble years, three major technology groups benefitted most from the building excitement of what the Internet had to offer. These were: Internet and network infrastructure (e.g. WorldCom, larger than MCI in August 1996), Internet tools (e.g. Netscape), and Internet-direct consumer websites (e.g. Yahoo!).

    I dont want to discuss here what happened in the past and what caused the dot com bubble to burst. I want to discuss about the current situation of dot coms. If you want to read about the past, here is a nice article from a professor

    The internet back then was not mature enough but now the internet is much much mature and stable.

    Lets talk for a moment about the current giants, Google, Yahoo and MSN. All three are specializing in their own fields. competing for the first place in the internet world. And there are sites like digg.com, myspace.com, youtube.com which offeres different kinds of services whether it be a video sharing, social networking or bookmarking sites.

    In this cutting edge technology, if you have something unique, you would be able to sell it within few hours. And thats what happened with digg.com, youtube.com and myspace.com. There are many more sites which offered their unique service and became famouse overnight.

    Just to give you a small example for uniquness, I created this april fool hoax this year with a title "Aishwarya Rai Wardrobe Malfunction" (Visit the link http://www.informationmadness.com/cms) and within 2 hours I got 1000 visitors to my website. I didn't copy this from anywhere but was my own brain child. And the link became so famous that now there are so many blogs, sites link to my web page.

    So the point is uniquness. But what happens when you start a new venture based on some existing product? Do you think its going to work?

    So many new websites are poping up everyday in India. I dont think they have anything unique to offer. Lets take a look at few sites

    * Video Sharing for India - I dont know which one launched first. But within no time, you have AapKaVideo, MeraVideo, ApnaTube, VideoDubba, punjabeetube

    * After digg.com there’s HumDigg, IndianBytes, NewsCola, PutVote, IndiaMarks.

    * And the same goes for social networking sites. After the success of Orkut now we have -- Jhoom.in, minglebox.com, yaari.com, fropper.com, SaffronConnect.com, rediff Connexions, hangoutwith.com, onlineslambook.com and other thousands.

    This shows a Herd mentality. There is a nice article about "Herd Mentality and Indian Startups" on startupdunia.com.

    Even for information on "Indian Startups" there are atleast 15-20 sites. e.g. startups.in, webyantra.net, contentsutra.com, startupdunia.com, indianstartups.net are just few to name them.

    Many of these startup sites are getting millions of dollars in investment. And lo

    Added Value Means Profit
    Business is the process of taking raw materials, goods or services from a beginning point and adding value along the way to the final user.It is the added value by the entrepreneur that entitles him to profit. Every venture must have the opportunity to add value or it is not a feasible enterprise. Generally there are five categories of business ventures where adding value can be measured.The first is the retail sector, a category where the entrepreneur adds value by investing his money, providing a facility to sell products, making available inventory from many suppliers, having the facility open to the public and providin
    d yet rather lengthy early 2000s recession in the developed world.

    Early in the bubble years, three major technology groups benefitted most from the building excitement of what the Internet had to offer. These were: Internet and network infrastructure (e.g. WorldCom, larger than MCI in August 1996), Internet tools (e.g. Netscape), and Internet-direct consumer websites (e.g. Yahoo!).

    I dont want to discuss here what happened in the past and what caused the dot com bubble to burst. I want to discuss about the current situation of dot coms. If you want to read about the past, here is a nice article from a professor

    The internet back then was not mature enough but now the internet is much much mature and stable.

    Lets talk for a moment about the current giants, Google, Yahoo and MSN. All three are specializing in their own fields. competing for the first place in the internet world. And there are sites like digg.com, myspace.com, youtube.com which offeres different kinds of services whether it be a video sharing, social networking or bookmarking sites.

    In this cutting edge technology, if you have something unique, you would be able to sell it within few hours. And thats what happened with digg.com, youtube.com and myspace.com. There are many more sites which offered their unique service and became famouse overnight.

    Just to give you a small example for uniquness, I created this april fool hoax this year with a title "Aishwarya Rai Wardrobe Malfunction" (Visit the link http://www.informationmadness.com/cms) and within 2 hours I got 1000 visitors to my website. I didn't copy this from anywhere but was my own brain child. And the link became so famous that now there are so many blogs, sites link to my web page.

    So the point is uniquness. But what happens when you start a new venture based on some existing product? Do you think its going to work?

    So many new websites are poping up everyday in India. I dont think they have anything unique to offer. Lets take a look at few sites

    * Video Sharing for India - I dont know which one launched first. But within no time, you have AapKaVideo, MeraVideo, ApnaTube, VideoDubba, punjabeetube

    * After digg.com there’s HumDigg, IndianBytes, NewsCola, PutVote, IndiaMarks.

    * And the same goes for social networking sites. After the success of Orkut now we have -- Jhoom.in, minglebox.com, yaari.com, fropper.com, SaffronConnect.com, rediff Connexions, hangoutwith.com, onlineslambook.com and other thousands.

    This shows a Herd mentality. There is a nice article about "Herd Mentality and Indian Startups" on startupdunia.com.

    Even for information on "Indian Startups" there are atleast 15-20 sites. e.g. startups.in, webyantra.net, contentsutra.com, startupdunia.com, indianstartups.net are just few to name them.

    Many of these startup sites are getting millions of dollars in investment. And lo

    Accountable Marketing
    In order to have a properly managed business, it is necessary to manage all aspects of the business. It is common for the average small businessman to have a computer to maintain records of sales, customer base information and expenditures.We spend lots of money to count our beans and get trained on the latest methods of the best ways to so do. However, my perspective says that getting the beans in the first place is Game One. You've got to have something to count, or that expensive hardware, software, and training is not only impotent, but also, probably not able to be paid for! "Nothing happens until a sale is made!"Ther
    p>

    Lets talk for a moment about the current giants, Google, Yahoo and MSN. All three are specializing in their own fields. competing for the first place in the internet world. And there are sites like digg.com, myspace.com, youtube.com which offeres different kinds of services whether it be a video sharing, social networking or bookmarking sites.

    In this cutting edge technology, if you have something unique, you would be able to sell it within few hours. And thats what happened with digg.com, youtube.com and myspace.com. There are many more sites which offered their unique service and became famouse overnight.

    Just to give you a small example for uniquness, I created this april fool hoax this year with a title "Aishwarya Rai Wardrobe Malfunction" (Visit the link http://www.informationmadness.com/cms) and within 2 hours I got 1000 visitors to my website. I didn't copy this from anywhere but was my own brain child. And the link became so famous that now there are so many blogs, sites link to my web page.

    So the point is uniquness. But what happens when you start a new venture based on some existing product? Do you think its going to work?

    So many new websites are poping up everyday in India. I dont think they have anything unique to offer. Lets take a look at few sites

    * Video Sharing for India - I dont know which one launched first. But within no time, you have AapKaVideo, MeraVideo, ApnaTube, VideoDubba, punjabeetube

    * After digg.com there’s HumDigg, IndianBytes, NewsCola, PutVote, IndiaMarks.

    * And the same goes for social networking sites. After the success of Orkut now we have -- Jhoom.in, minglebox.com, yaari.com, fropper.com, SaffronConnect.com, rediff Connexions, hangoutwith.com, onlineslambook.com and other thousands.

    This shows a Herd mentality. There is a nice article about "Herd Mentality and Indian Startups" on startupdunia.com.

    Even for information on "Indian Startups" there are atleast 15-20 sites. e.g. startups.in, webyantra.net, contentsutra.com, startupdunia.com, indianstartups.net are just few to name them.

    Many of these startup sites are getting millions of dollars in investment. And lo

    Business Opportunity-How To Make Money-Earn Money
    There are so many business opportunities to get into these days. There are no limits because there are many new things to sell and re sell. There is always the food industry. One can sell small time as in homemade goodies being sold to mostly friends and referrals or one can go big time and open up a franchise of say McDonald's or Burger King.As for clothes, one can opt to come up with own designs and offer services to your friends and relatives and then eventually expand. If you wan to go mainstream then opening a store in the mall would already be a big step. So with all these choices, which business should you get into?
    shwarya Rai Wardrobe Malfunction" (Visit the link http://www.informationmadness.com/cms) and within 2 hours I got 1000 visitors to my website. I didn't copy this from anywhere but was my own brain child. And the link became so famous that now there are so many blogs, sites link to my web page.

    So the point is uniquness. But what happens when you start a new venture based on some existing product? Do you think its going to work?

    So many new websites are poping up everyday in India. I dont think they have anything unique to offer. Lets take a look at few sites

    * Video Sharing for India - I dont know which one launched first. But within no time, you have AapKaVideo, MeraVideo, ApnaTube, VideoDubba, punjabeetube

    * After digg.com there’s HumDigg, IndianBytes, NewsCola, PutVote, IndiaMarks.

    * And the same goes for social networking sites. After the success of Orkut now we have -- Jhoom.in, minglebox.com, yaari.com, fropper.com, SaffronConnect.com, rediff Connexions, hangoutwith.com, onlineslambook.com and other thousands.

    This shows a Herd mentality. There is a nice article about "Herd Mentality and Indian Startups" on startupdunia.com.

    Even for information on "Indian Startups" there are atleast 15-20 sites. e.g. startups.in, webyantra.net, contentsutra.com, startupdunia.com, indianstartups.net are just few to name them.

    Many of these startup sites are getting millions of dollars in investment. And lo

    IT Consulting Services - Offer What Your Prospects Need
    IT consulting services come in all shapes and sizes. When you first start a business it is often difficult to decide which IT consulting services to offer. Should you sell what you know, sell what is trendy, or sell what you think people want?The best way to figure out what IT consulting services to sell, and the products that are needed to support them, is to sell, service, and offer the IT consulting services that your prospects NEED.Sounds pretty intuitive, but what typically happens is businesses start-up offering IT consulting services that their prospects want. A need and a want are two different things. The IT consu
    r>

    * After digg.com there’s HumDigg, IndianBytes, NewsCola, PutVote, IndiaMarks.

    * And the same goes for social networking sites. After the success of Orkut now we have -- Jhoom.in, minglebox.com, yaari.com, fropper.com, SaffronConnect.com, rediff Connexions, hangoutwith.com, onlineslambook.com and other thousands.

    This shows a Herd mentality. There is a nice article about "Herd Mentality and Indian Startups" on startupdunia.com.

    Even for information on "Indian Startups" there are atleast 15-20 sites. e.g. startups.in, webyantra.net, contentsutra.com, startupdunia.com, indianstartups.net are just few to name them.

    Many of these startup sites are getting millions of dollars in investment. And lot of these sites are initially planning to creat a community. The above link from the professor about last dot com failure mentioned few topics that caused the dot com failure. Two of them were "Doing the same thing" and "Building Community not clientele".

    Recently Minglebox.com received $7 million in funding from Sequoia Capital. Kavita Iyer (Wife of Sandeep Singhal who is MD of Sequoia India) is the CEO of MingleBox.com. From ContentSutra.com MingleBox will get revenue from advertising and branded communities later once they get established.

    Sequioa India has also funded few more dot coms like Guruji.com (Indian Search Engine) which recently launched their services in Telugu.

    And not only local dot coms but now International dot coms are also rushing into India creating a tremendous competition for Indian Websites. Google, Yahoo! and MSN already exist in India and now AOL is spreading it's wings. They are planning to spend Rs. 10 Crore in advertisements/marketing. Do you think AOL has chance to get it back from India compared to what they are planning to spend?

    And these are just my high level thoughts about current internet industry. I just touched Indian Internet Industry. I am sure there are similar startups/trends in other countries as well. I am not an economist or market watcher but after looking at this Herd Mentality in India, I ask my self a question, are we heading towards another dot com failure in near future?

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