Are You Innovative?

[Garious]

You have a good analysis on this issue and I agree with the idea of "Innovation". Kudos!

G A R I O U S

Let me preface this post with a note. I am completely impartial to how people choose to make a living. I am just reporting on a trend I have noticed recently (on this site and in general).

I've been doing a lot of reading on the YE forums over the past few weeks, and I see a recurring theme in the types of businesses MANY (not all, maybe not even a majority, but a huge amount) people have been choosing to launch. Tons of people are starting proxy sites monetized by adsense links, and blogs monetized by text-link-ads. I do not believe that these ideas are innovative or sustainable. Sure, you may make $20 on a good day, but where's the growth? Where's the fun in such a business? And how is that in any way innovative? So many people are doing this, and I just see such fierce competition in the online advertising/domain squatting industry, that I don't understand why ANYONE would choose to start such a business now. Everyone wants the dream of 'passive' online income, but I wouldn't even call it an income when you're making $6 or even $60 a day. Where's the upside there anyway?

I really think that everyone on these forums needs to understand that businesses need to be innovative, and have a sustainable competitive advantage to compete in the long-run. I would even argue that selling things on eBay is a trite business to have, as you're really at the mercy of a 6,000 pound gorilla when it comes to your account and fees (as we saw this week). Let me note that I do see eBay as a good starting point for beginners.

Create an innovative product, deliver a superior and/or unique service, but, for your own good, don't just start a bunch of websites and hope that people click your ads. Sure, it may be easy, but it's so short-sighted, and is not really sustainable.

I know that there are syntax, grammar, etc... errors on here, I'm not normally a verbose poster, but I thought that this would be valuable for the community. Take it with a grain on salt, but it's my honest opinion.

[celenajames]

Innovation is very important when you are into Internet marketing so that it will be helpful for you getting good returns and you can thus make the best outcomes for your business. After reading all the replies I come up with more ideas that I can better implement in my business.

[1goodidea]

The OP is right but as the start up costs are quite small people should still give it a go if they believe they have a good idea.

[Mark-Bush]

Great thread, nothing worse then a website that has been thrown together in 5mins and then packed full of Google adsense.Worthless.

[DickGomes]

A Valuable information. Most of the people start with blog sites. They get some good amount of traffic if the site is full of stuff.

[tomshields]

A great business idea that can really gain traction can take some time to plan. Once you get a good idea, you have to start thinking about the pro's and con's of moving forward and what solution you'll be bringing to your target market. You also don't always need to invent the wheel, you can just add a spoke.