Electronic Environment Business Opportunities - What are the implications for home based business? The self-employed, particularly consultants, construction tradesmen. World Bank Aims to Hone Business Environment for the Digital Age. The World Bank is creating a new tool to help policymakers and investors evaluate how successful different governments are in meeting the challenges of recovery and competitiveness. Gary Litman Senior Vice President, Global Initiatives,U.S. Chamber of Commerce
Electronic Environment Business Opportunities Universal connectivity has gone from dream to pricing plans. The appliances needed to connect to the world and to access virtually anything from virtually anywhere keep decreasing in size. New software coming onto the market, combined with wireless transmission of electronic waves, will enable communication over a broad range of frequencies, bandwidths, and transmission standards while maintaining a constant Internet connection even when traveling from state to state or nation to nation.
The emerging fabric of wireless broadband connections, the Global Positioning System(GPS), and radio frequency identification tags(RFID)led Ed Zander, CEO of Motorola, to declare in USA Today,"The big change is going to be when the Internet follows you, not you trying to follow the Internet. It's just there. Your life is just affected the way it's affected today by the lights in a room." Electronic Environment Business Opportunities
What are the implications for home-based businesses? First, the self-employed, particularly consultants, will have the equivalent of a support staff for tasks such as making travel arrangements, presentations, and getting needed information delivered automatically wherever they are. This will will lower overhead costs and equalize the playing field between the one-person company and larger companies. Second, for more people home will be anywhere or nowhere, making it possible to live and work in an RV or out of a suitcase, as well as respond to instant work opportunities, such as the demand for construction tradesmen, insurance adjusters, and others following a natural or manmade disaster. We'll be able to freely follow the markets for the kind of work we want to do and live in the variety of places we want to live.
A business that has already emerged that has continuing growth potential is selling what you have, make, or acquire on the Web from this trend. If you have a product to market or are a collector of anything from toasters to toilet seats, you can make the world your market on the Internet as aWeb merchant/auction trader. Ask anyone to name five businesses that have thrived beyond the dotcom meltdown, and eBay would come up high on everyone's list. Although it's the most popular trading site, eBay isn't the only auction site being used by collectors, merchants, liquidators, and hundreds of thousands of home-based sellers. Other sites include Bidville and Ubid and the auction sections of Amazon, Yahoo!, and Overstock.com. Some common home-based Electronic Environment Business Opportunities include the following:
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