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Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

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My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

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Thursday, 5 February 2009

3 random ideas from the Web

I came across these 3 interesting ideas and wanted to share them with you.

Distributed research for the financial sector: Ethan Bauley says he intends to make a killing based on the idea that research business will be more distributed. I don't doubt him.

Research is another form of digital information. Just like all digital information, it demands to be free and be produced and consumed from anywhere. Any services that facilitated such movements will be successful. See Stocktwits.

For your industry, think about how information is created and distributed. Can you make it more distributed? Can you create services that connects people who produce information with people who wants them? Can you help information flow anywhere?

Online identities: Fred wilson talks about the importance of identities and how it creates opportunities to provide service around what the major players like Facebook is providing. A major component of identity is your avatar. Fred rightly points out that this avatar is your online brand.

If you take the brand example further, you realise that like all brands, it needs constant refreshment and reinvention. That is why we like to change profile pictures, so as to constantly improve our brand. That is also why services like photofunia is taking off. The next evolution will be to let your brand be remixable. How can you facilitate people to interact with other people's online brands? (Hint: this is part of the answer).

Look at non-profits for inspirations on areas that needed transformation: O'reilly's ' making stuff that matter' message has been broadcasted around. His recent post on learning from non-profits is actually a great idea.

If you think about it, non profits arise to solve problems that corporations, as a form of organisation, is unable to do so. They are a different way of organising resources. However, it is important to remind yourself that they are not the only form. In fact, that is where the opportunity is. To solve the problems that non profits point to, but using different forms of organisation that can yield ecnonomic returns as well.

If you come across other interesting ideas, do share them as well.