Under 30, Online and World Beating
Posted on 14th March, 2007
The Observer, a UK Sunday newspaper has an article up about under 30 UK entrepreneurs who are shaping the future of the web.
You might have never heard most of them except one guy named Alex Tew who hit the jackpot in 2005 with his website Million Dollar Homepage idea.
With the diminishing cost of hardware, the cost of entry is getting cheaper.
All you need is a computer, an Internet connection and an idea. The profit margin is typically higher compare to what a brick and mortar shop is getting.
I am spending around RM800 on a web hosting per month and I am working from home. Renting or buying a physical shop lot will cost me around RM1000 to RM2000 or more per month. On top of that, setting up offline business is riskier and costlier.
In the offline world, your location can make or break your business. The Internet, on the other hand, allows me to attract visitors instantly using pay per click search engines, regardless of where I am located physically in the world.
I wish more Malaysian entrepreneurs will take up Internet entrepreneurship and make it as their career choice. What we need is an early exposure to the young people so that they are aware of all the opportunities available online.
When I read the newspaper recently about SPM top achievers, everybody wants to become a doctor, a pharmacist, a chemical engineer, an accountant. Don’t get me wrong, I applaud them for choosing the fine career paths but where’s our Internet entrepreneurs of tomorrow?
Young people should be made to realize that Internet is not just for chatting, MySpace and viewing porn, it’s a place where one can make a living and perhaps change the world in his/her own way.