While I spend the final days of 2006 in North Carolina playing way to much golf, I reflected on how so many things have happen this year for us in the online biz.
2006 proved to be an interesting year with Google’s flying stock prices, MSN releasing their live search engine with more bugs then we can count along with continues drops in the United States real estate market and a overall feeling of uneasiness in the small business sector.
I feel 2007 is going to bring many more of these ups-and-downs in many industries that will effect our online progress in acquiring more revenue from our business ventures.
Because of this I really recommend if you are reading this article that you need to start expanding your options beyond Adsense and other forms of income to try and secure your business’s revenue stability, or you could find yourself being one of the businesses that will be added to the list of going out of business in 07/08, as the online industry becomes more of a stable business model and not fly by night or get rich business that it has been known to be over the years!
Personally I am already shifting my business plans to try and take advantage of these coming changing by focusing more on my user experience, while at the same time continue to look for venture capital and off-line marketing opportunities so that I may be able to expand my ideas at a faster rate. After all we are business owners not just Webmasters.
This year I have gotten to know more of my readers as well as some of the younger webmasters that are just getting into the biz or are rather new at it. One of the large disconnects that I notice many webmasters find themselves in is that they are doing something to make money, but don’t feel it’s a true business. When in fact they are just running a small business and they need to look beyond the search engines for their traffic and income.
The last 6 years have been fueled by consumer spending, which has slowed in recent months. Because of this, interest rates have started rising, and the housing market has dropped off, and this my friend will carry its weight beyond the off line stores as people pull back on their spending.
These changes have already been showing in the PPC markets like Adsense as they are the quickest to change with market shifts and trends, but don’t let this worry you as you are a savvy business owner, and you can move quicker then the larger companies to adapt to the change as needed!
Without change we only regress into nothing! My 2006 closing thoughts - Read More...