Think Globally, Act Locally
I’ve been facing this quote different times (last one on my Sociology class) and to tell the truth there might be many meanings for it however I would like to connect it with e-business (since thats my area of expertize)
Internet is one of the major factors of globalization. You can hire someone from India without the need of going out of your house. In fact this is what globalization is all about, surpassing the bureaucratic barriers and be able to do business freely from anywhere. One of my latest ventures had designers from Pakistan, coders from Israel and programmers from India and quite frankly all I knew about them was their name and email addresses
I live in a poor country (literally) where the Internet boom has just begun. Being able to surf on the internet plus knowing English has helped me quite a lot in absorbing ideas from other countries (where the Internet era has begun earlier) and applying them on my own country.
A small example, different countries surely have their own webmaster forums where they discuss various webmaster related topics in their languages however there wasn’t a well established on in Albania, hence I launched successfully Webmaster.al which nowadays is the biggest albanian webmasters community. Did I invent the wheel? Of course not, all I did was “stealing” a proven successful concept and executed on my own language and this is how I use “think globally, act locally”
Thanks to the Internet, many webmasters from third world countries have endless opportunities to actually create a profitable online venture for the below mentioned reasons:
- Fewer Competition
- Local Targeted Audience
- Your Own Native Language
What successful proven ideas to launch in my country?
Go and have a look at Alexa’s Top Sites , what you will see are actually the most successful sites (hence the most visited ones). You can get some nice ideas from there. Ideas from blogging platforms to advertising networks, business directories and even niche related communities, they will all help you generate a lot of passive income in the coming years. You only have to be persistent, patient and work hard to achieve your goals
Its Good To Be First
No matter whats the population of your country, there will always be a big traffic flow which equals money in our case (unless you are unfortunate and live in Vatican City). Launch niche sites, pregnancy related forums, car addict blogs, everything in your own language. In this case you will be also be contributing for your own country by launching different well organized sites.
Don’t Work For The Sake Of Money
Do not open sites for the sole purpose of getting money. Don’t launch forums or sites in a niche where you only know that it pays well for a single click. You will lose interest quite soon hence your site will die. Thats why I recommend you to write a plan firstly and then execute it step by step.
While I was searching a cd-rom on my office I found an old business plan I had (back in 2008) where I had listed some of my ideas and domain names and almost all of them have been launched, some of them successfully and some not but hey, its worth trying rather than sit and think that it won’t work
This post can be categorized properly as motivational however it is genuinely business related so I would ask you now to start doing something now, whatever you do, if you work on it its gonna grow big enough in the coming years!
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