David Heinemeier Hansson of 37signals recently posted It's a great time to start a business in response to It's a bad time to start a company posted by Caterina Fake. I would strongly recommend you read both posts. I have found I agree with David on this one. I think that thoughtful ideas can turn into reality online more quickly and tattily than ever before.
Yesterday (March 25, 2006) I posted about PlentyofFish.com which is a prime example of the opportunity currently in the online space. Some may argue it is not truly a web 2.0 start-up but it has been successful online with a social networking site which is a web 2.0 commonality. Not to mention, if a story of a simple idea like a free online dating site turned success does not get your entrepreneurial blood boiling than I am not sure what will.
Is it a good time to start a web 2.0 company?
*Image thanks to thinkquest.org
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Hello!
I'm so glad I found this came across this blog and hopefully you can give me some insight about my
own Web 2.0 Company! But I believe that my web 2.0 Company has been well-thought out.
My partner and I just launched a FREE website, focused on providing a networking platform for small businesses, independent contractors, home businesses and such. We are still in the process of updating the site(beta version) and making it more user friendly (would love your feedback if your open to it, as well!). This site is not really considered e-commerce because its FREE - we charge our users nothing to post and
network...and they find each other and do transactions on their own. There is nothing to be made...our goal is to just build a user base and provide help to small business owners and such. If you¡¦d like to know more about the site¡K.feel free to ask me anything ƒº I know I¡¦m being really general here¡Kbut I don¡¦t want to get into explaining the site unless you
would really like to know.
With that said, I'm not sure what is the best thing to do to claim OWNERSHIP of this site (legally) for tax purposes and just in general, where people can¡¦t ¡§steal¡¨ my idea/site, etc¡K.. Do I really need a
tax ID number or not? Do I need to incorporate as an LLC asap? Would I be wasting my money hiring an attorney to help me figure out the legality side of my website? Trademark or copyright the site?
I guess I'm trying to think of how sites like Digg.com, myspace.com, friendster.com, etc..."did business" when they first started out? What legal steps did they take (if any, in the beginning) and how did they
drive so much traffic?? Any thoughts? Thanks, ahead of time, for your help!! ;) I¡¦m looking forward to hearing from you!
JLL
Smallbuzz@Smallbuzz.net
Posted by: JLL | Tuesday, August 22, 2006 at 12:42 PM