Internet Entrepreneurship

Donors all the over the world

danhchoi — Tue, 12 May 2009 17:30:51 +0000

There are all types of donors in the world. There are organ donors, disease donors, blood donors, caring donors, and many more. However, the donors that Wesley Spectrum have are the type of people who help one another who are in need. Not only is monetary donations are given, but the volunteering act of teaching and self-discipline.

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What Makes Internet Entrepreneurs Different?

grasseljj1 — Tue, 12 May 2009 16:57:19 +0000

When you think of an entrepreneur, a powerful, extremely motived, self-made man or woman immediately comes to mind. But what type of person do you picture when you hear, internet entrepreneur?

After looking at Mark Zuckerberg, Seth Godin, or Garrett Camp, you have a whole new appreciation for what it takes to be an entrepreneur and how the internet has changed the rules of the game. Thanks to The Web, entrepreneurs have more of an advantage than ever before:

Little start up costs
Access to a huge (essentially limitless) marketplace
Instant connectability with and feedback from their customers or users
Don’t have to be charasmatic or engaging – only have to know the language of the internet.

Personally, I found the last point to be the most interesting. Our class looked at 3 self-made millionaires and only one of them would be considered “engaging” at a party. Though some internet entrepreneurs fall short when it comes to social skills, the web has leveled the playing field and anyone (granted they have good computer skills) can become an entrepreneur.

So if you’re sitting there reading this post, stop hiding behind the excuse of not having the personality of an entrepreneur. As we’ve seen time and time again – sometimes it’s not about personality, it’s about C++.

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Use your resources, Luke…

tuckdizzle — Tue, 12 May 2009 03:46:37 +0000

Much as the age old saying of use the force, Luke goes, it is the same these days when it comes to businesses making their way onto the Internet. Use the abundant resources available to you on the Internet. There are so many social media websites out there these days that it’s almost impossible to keep up with them all. The best part about it is that almost all of them are free! What a better way to gain a spot on the Internet as one of the leaders in your market than using free websites to make yourself known! Making sure that you utilize these websites is probably the best thing that you can do as a new to the Internet business. Using your resources wisely will help you to succeed!

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Sunny Outlook for Nonprofits in 2009

ssimscity — Tue, 12 May 2009 02:35:56 +0000

Tomorrow’s Forcast is cloudy with a 95% chance of economic crisis and unemployment moving in by late afternoon. Are predictions dark and gloomy for nonprofits or will the sun poke its rays through the gloom?

2009 may be shaping up to be the perfect time for people to give to their favorite cause. While money is in short supply, the stock market is proving to be a fatal investment option, and businesses are laying-off employees, nonprofit organizations are proving their ability to weather the storm.

Baby boomer and Huffington Post retirement expert Mark Miller wrote last month, “The business world is crumbling all around us, but non-profits have been growing faster than either the business or government sector–and they’re facing a shortage of talent. Best of all, the non-profit sector is gradually waking up to the potential of encore career switchers–people who want to move into new lines of work with meaning in the second half of life.”

Not only are nonprofits recruiting young talent, the outlook for giving might not be as stormy as predicted. In a survey conducted by Dini Partners, 34 individual major donors, 14 foundations, and 6 philantrhipic corporations were surveyed about their giving to nonprofits in 2009.

64% indicate they will be motivated by the existing relationship with the paritcular institution
33% responded that their giving will focus soley on programs that help the poor and those in need
50% said that they will limit their giving to fewer projects

When asked what single factor will have the greatest wieght in their giving decisions in 2009, the majority again confirmed that an existing relationship with the agency or institution will be of singular importance. The second and third factors respectively include the economic or social need of the asking agency or institution and the vision of the agency.

The money hasn’t dried-up or blown away – nonprofits will just need to spend a little more time developing relationships with donors and supporters. 34% said their giving will be the same as 2008 giving and 5% said their giving will increase. At least that’s partly sunny…

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Web 2.0: Collaborate or Die!

JohnsonNR2 — Tue, 12 May 2009 02:02:57 +0000

The world of web 2.0 has made the internet even more interconnected than before. Websites that provide a specific service or attraction with the intent to reach target users can rapidly gain attention through ingenuity and holistic online collaboration. The content of a website is also beginning to play a greater role in directing user flow from other websites in as large of a spectrum as possible. In essence, both online collaboration and website content cooperate in bringing target users/consumers to a website.

The importance of collaboration with social networking sites such as Facebook.com and Linked.com has become more important than ever. When a website provides a service directed towards a specific interest, a pool of users can be selected with the use of a social networking site to target individuals who will likely be associated with the provided interest. For instance, relationship websites often advertise on Facebook.com to gain the attention of a pool of ideal users between the ages of 18-25. (Individuals who are most likely to get married)

Everything is changing on the internet with web 2.0. Websites that comply with these changes and are willing to collaborate with other sites toward mutual benefit are going to have the ability to narrow their target users. Those that lag behind won’t last much longer.

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Whats a blogs??

hampebe — Mon, 11 May 2009 20:57:14 +0000

Throughout our generations life, we have seen all sorts of transition such as VHS to DVD, telephones to cell phones, movies on ipods, cars that talk, gps machines that can locate your exact location anywhere in the world, and so many other. Because we have grown up in this ever changing environment we are able to adapt and intregrate all types of advances into our lives.

One advancement I missed until this class was blogging. I never knew what it was or what it did until I took this class. This Internet Entrepreneurship course change the way I feel about blogs. I know understand just how valuable they are to people and espically businesses. So much can be said and done through a blog. Companies now have a much friendlier way of communication with their customers.

can gain feedback on a particular product or service
clear up an issue the company is facing before the issue gets out of hand
allow customers to feel valued from the company

This powerful tool is so easy to use as well. Blog posts dont need to be highly involved or written with any advanced skill. All you need to do is speak to people in language that is easy for anyone to understand. Three things to keep in mind while your writing posts is:

Make lists
Get to the point
Keep it simple
Use pictures

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Donating – The Do’s and Dont’s of Tax Breaks

Erik Jarvi — Mon, 11 May 2009 20:03:49 +0000

Ready to give money to your favorite charity? Before you write the check, make sure you know the do’s and don’ts of donating.

Here are some common-sense key points outlined by the IRS when it comes to donating:

Donations are only deductible during the year they were made — keep a notebook or excel table of your donations and the date, and don’t forget them at tax time!
Make sure the charity is tax-deductible — verify your organization is listed as tax-deductible on the IRS website.
Make sure to get a receipt from the organization you donate to

The tax masters at H&R Block have some more technical details to help you get the most out of your donation.

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Blogging?

Kate Schreiber — Mon, 11 May 2009 19:44:01 +0000

I have to be honest…I have never understood the purpose of blogging before this class. I never thought that I would have been able to come up with things to say that would be deemed interesting to my classmates. While I am sure that none of my blog posts were actually that interesting, I have learned that blogging is not just about “writing” blog posts but about the community experience that blogging creates. This community relationship is not just in this setting, where it is peers conversing through a blog, but in the business world as well.

As a consumer wouldn’t it be nice to feel like a company cared enough to provide a way to interact with its consumers? Blogs can accomplish this, through blogging a company can communicate with its customers in a way that is easy to use and in a way that is easy to provie information through. Not only would this blogging atmosphere be beneficial to consumers it would also be helpful to the company itself. Through a blog they can gather feedback on their products, if the company has established a healthy blogging relationship with their consumers – they might find that feedback via blogging might provide more response then through a survey sent through the mail.

Overall I am glad that through taking this class I am beginning to understand why blogging is such a valuable tool in the business world.

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Social Media: Gaining Focus

pombojm1 — Mon, 11 May 2009 18:07:03 +0000

Social media is all the craze, especially the exponentially growing Twitter. You know something is big when Oprah is talking about it. As companies rush to assemble a social media strategy, the question needs to be asked: what is the purpose of using social media?

To first answer this question, the company must begin with their target users, not technology. Trying to keep up to date on the latest social media tech fad will do the company little good. What is important is a focus on how the target market interacts with the online community.

Here are key areas to evaluate before jumping into the social media party:

1. Are your users more likely to simply read or contribute? Depending on the user market, some companies have a target market that simply just browses reviews and does not contribute to much of their discussion on their company or product. Knowing this will shape what approach the firms takes, whether it be establishing a Facebook group or a private forum of discussion.

2. Does the technology match overall marketing objectives? A key point of evaluation of your firm entering the social media world, is does it match other marketing objectives and are the users there? A careful consideration of this will determine what technology is used.

3. Does your company even know what Twitter is? A poor sign of a company is having the marketing intern constantly on blogs finding the newest social media gadget and tool. Its better to be focused then hip.

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The Importance of Blogging

ryangibson — Mon, 11 May 2009 14:19:17 +0000

Techniques of writing have evolved over the years from a quill feather and ink to typing in a word document and now to blogs. A blog is a type of website, usually maintained by an individual with regular entries of commentary, descriptions of events, or other material such as graphics or video. This type of writing allows you update your site with the most current information pertaining to a certain topic, sending it out all across the internet at once.

A company can benefit so much from this concept of blogging for their own website. They can make money, drive traffic, and supply dynamic information to their site daily on top of the product of service they are already making a profit off of.

Blogs can be a great way of sharing knowledge within the organization.
Blogs can be a positive way of getting feedback, and keeping your finger on the pulse, as readers react to certain pieces, suggest story ideas, etc.
Blogs can build the profile of the writer, showcasing the organization as having talent and expertise.

All of these things can helpful tips for internet businesses. I never knew such a simple concept could be so helpful for businesses online. Until the things I have learned in this class the concepts of blogging were foreign to me. Now that I know I feel like I can improve any website I may start with setting up a blog.

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