Welcome to aaron chua make money blog

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.

Below are some current and past make money projects that details my learning journey.

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.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.

Saturday, 14 March 2009

Building businesses on platforms

I recently saw a comment by Fred Wilson saying 8 out of 25 of his portfolio are building on platforms. It is a rather high number and I wonder about the risk on riding on a single platform. On close inspection though, you will realise these 8 businesses tend to span across platforms. This implies that the value may lie, not only in leveraging on platforms, but in bridging the different platforms.

This goes in line with what Tim O'Reilly was saying about building your software above a single device. In this case, it is building your businesses above a singel platform. The benefits of doing so are obvious.

First, building across platforms achieves network effects faster.

Second, servicing multiple platforms allows aggregation. Disqus is a great example. Now, I can see my comments whether they are in blogger or wordpress.

Third, it spares you the problem of being dependent on one source of success. If you are dependent on Twitter and it goes down in service, your business will be badly affected as well.

Fourth, bridging platforms has the potential to unlock new value. This is the most important. Advantage in this network economy comes from the flow of information. By building bridges across different platforms, you are allowing information to flow more smoother. That is a big strategic advantage.

So, if you are building a startup on top of a platform, is it better to build on one or across different platforms?