Posts tagged as:
big business
BlogRush is No Longer Exist for Bloggers
I just found out that the network that I think has a lot of potential (and has helped bloggers like me) says goodbye to its members.
BlogRush is one of the promising start-up in late 2007.
The main idea is wonderful - sharing the blog contents among members, thus increasing visibility for the blog posts. This, in additional to the unique system of traffic referring has helped good bloggers with even ore visibility.
Unfortunately, as I learn from the BlogRush website, many game the BlogRush system, and some other hack the systems - all in all, resulting in an inconsistent system.
Here is to highlight the statement by John Reese, the owner of BlogRush:
BlogRush didn’t grow without its fair share of problems — from security issues to abusive users trying to ‘game’ the system to much lower click-rates than expected. We also had some problems with trying to fairly control the quality of the network, and in the process made many mistakes in deciding what blogs should stay or go. All of these issues, ultimately, limited the service’s full potential.
Another case study of big Internet start-up failure
This is another case of big Internet start-up failures - the saying ‘In great power, lies great responsibilities’ is fulfilled, again and again - the bigger you are, the more people try to take advantage of your system and test the depth of your team.
Today’s survivors - Digg, Facebook and the likes are put under constant challenge and thrive - that’s why their market values are sky-high.
Lessons learned from the BlogRush case
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Small Business Big Business
Small businesses have their own perks - nimble and easily embrace changes.
Most of the small business owners I know work for themselves, and some others run a two or three person company.
From them, I learn that being small, often by choice, they are able to build an adaptable and adept business.
Many of them even have the revenue that match their bigger competitors that have a large amount of investment.
In term of investment, small business owners I know are all bootstrappers. They start with almost nothing, and currently have a five, six, even seven digits annual sales.
Why small business has all it takes to be big business
By being small, they can close control their businesses, while keeping themselves ‘off the radar’ from possible lawsuits, tax problems, harsh competitions, etc. Not that small businesses don’t face those issues; It’s more to the genetic feature of the small businesses themselves - small and nimble.
Small business requires a relatively low investment. This enables you to own multiple small businesses - consider this a diversification and spreading-the-risk techniques.
But most important reason of all, by being small, you can closely control your business and avoid the bureaucracy of big companies.
How to be a big business by being small
There are actually two routes to have a big business by being small - own a single business or own a multiple small or micro business.
Own a single business
Starting a business and focus on it for a long time can make the business big. You can stay in your business to control your business closely.
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