US internet entrepreneur reveals success tips

Source: Internet
Author: User

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At the Internet World Conference in New York last week, executives at some of the emerging internet companies told people about their entrepreneurial experience, which made aspiring internet entrepreneurs full of harp.
The information industry, outlined by the industry's experienced managers, is an industry where venture capital is plentiful and there is a strong demand for good ideas. But the executives in unison suggested that they must think twice before seeking financial assistance from investment companies.
First, to create a company, you have to consider which industry is more ideal to move to the web than to run offline? "You have to find a problem and then solve it," said Robert Levitan, chief operating officer of Flooz.com and Ivillage, co-founder of the Women's website. That's the starting point for the idea of entrepreneurship that you've invented worth billions of of dollars. ”
Levitan's new company aims at the demand for gifts from consumers, and consumers can give "Flooz coins", which can be used to buy a variety of products online.
"Good ideas have to be useful," says Michael Mulligan, chief operating officer at Mapquest.com. He cites, for example, that maps are not only used on the web, but also provide an opportunity for advertising in a given area, because companies can find information about where consumers are located on the web.
Once an entrepreneur has a good idea, beware of a "5000-pound gorilla" that relies on the strength of the new company to launch similar services.       But the advantage of emerging companies is that small companies tend to move faster than multinationals, participants said. Levitan pointed out that the success of the network entrepreneurship has three F code: Grab the initiative, quick action and target concentration (one, fast, D focused). For example, from Yahoo's success and Time Warner (TimeWarner) Pathfinder portal failures, it can be seen that big traditional companies often miss network start-ups.
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