Tag Archives: Internet Businessman

What Business Owners Should Know About the Law of Attraction

18 Oct Law of Attraction in Business

Like Bob Proctor said in a video, The Secret, the Law of Attraction works whether you are aware of it or not. Just like the law of gravity, it rules your life even if you don’t know a law like that exists.

This is my story…

When I woke up this morning, I went over to my bookshelf to return some of the business books I just finished reading.

As I was rearranging my books, I came across my University yearbook, Vet. Class 2009. I picked it up to look at the beautiful faces of my former classmates, but I observed something quite magical as I read through our plans written in the yearbook.

Life is treating everyone of us just the way we asked… Continue reading

Meet GoDaddy CEO, Bob Parsons Who Said “I’ve earned everything I’ve ever received”

2 Apr I've earned everything I've ever received

How much have you learnt from the CEO of GoDaddy, Bob Parsons apart from his 16 rules of success in Business & Life in General? Learn more about the billionaire founder of The GoDaddy Group, Inc.

Bob Parsons is an American entrepreneur who currently owns three ICANN-accredited domain name registrars including GoDaddy.com. He was born in Baltimore, Maryland in 1950.

He is well-known for creating one of the largest domain name registrars on the Internet. Consequently, he has the most domain names under his management.

Aside being the founder and sole investor in GoDaddy Group, he also teaches people about Continue reading

3 Priceless Internet Business Secrets You Should Learn from Jimmy Wales, Co-founder of Wikipedia

2 Mar

Learn from the secret thoughts of another Internet Giant, Jimmy Wales who is regarded as one of the founding fathers of Social Media, and lift your thinking to a higher realm.

Picture of Jimmy Wales beside Wikipedia Logo

Contributions from this Internet Businessman have largely shaped the Internet into what it is today.

For example, the Social Media, where Jimmy Wales largely contributed, is much talked about today. A lot of individuals, organizations and small businesses have found Social Media to be an excellent platform for effective web marketing.

Jimmy Wales full name is Jimmy Donal “Jimbo” Wales.

He was born in Huntsville, Ala., and he holds a master’s degree from the University of Alabama.

Before he got involved in the Internet, he worked as the research director at Chicago Options Associate.

This American Internet Businessman who will be 45 years old this year is well known as a co-founder and promoter of Wikipedia. In the past, he co-founded a web portal for males, Bomis

His creation, Wikipedia, was set up in 2001, and it has since grown to become a huge online portal with close to 80 million monthly visitors and about 16 million articles in over 270 languages.

This online knowledge store, Wikipedia, is owned by a charity, Wikimedia Foundation, and it costs tens of millions of U.S dollars to run it annually.

Wikipedia is a free online open-content site that receives quality articles from volunteers. It can be rightly called an ‘Online Encyclopedia’.

According to Wales, it serves to give researchers a broad background, context and knowledge of virtually every subject known to mankind. The contents are written by volunteers and thus should not be regarded as absolutely perfect.

However, in the midst of the excessive junks on the Internet today, Wikipedia stands out as a trusted source.

You should pick some thoughts from this Internet Giant.

1. Look deeper into the future of the Internet.

What amazes me about Jimmy Wales is his mindset.

It appears to me that he constantly looks into the future. Before he creates anything online, he seems to always consider the possibilities in the distant future of the Internet and the likelihood of more junks filling up the whole of the web space.

With blogs springing up everywhere and poor quality contents filling the web space, the Internet will soon come to a point where only trusted platforms will be searched by Internet users for information.

That’s why, though Wikipedia gets its contents from volunteers, these contents are allowed to be improved upon by other people.

Now,

Think about his private, for-profit organization Wikia where he receives millions of visitors every month. Here, he engages the community volunteers in building contents around major inventions and occurrences including games, entertainments etc while unwanted contents are blocked.

The Wikia portal functions like a magazine. There is a gigantic wiki about a game; ‘World of Warcraft’; a movie series, ‘Lost’; recipe wiki and more.

2. Be Careful in Charging Your Readers

Contrary to what some portals are beginning to do, Jimmy Wales does not advise charging fees.

On thestar.com in an article, The wiki world, According to Jimmy Wales, when Jimmy Wales was asked about charging his readers he said,

“There’s no real impetus behind charging people to read stuff on the internet. I don’t think that works at all.”

In actual fact, charging a fee per user will decrease your visitors and thus reduce your turn over from other services you provide.

3. Ensure Your Portal Creates a Community Atmosphere and the Members of the Community are United in Purpose

Jimmy Wales has always talked about building a sense of direction on both Wikia and Wikipedia.

His purpose is for people to build a community with integrity. When he was citing the difference between the Wikia and discussion forums or discussion boards, he said,

“Typically, in a forum or discussion board the community is able to talk to each other. That’s all they can do. They’re not really building something together.”

Whether you are a small internet business owner or a large organization, these tips are important in today’s competitive web space. One vital tip is to constantly look deeper into the future of the web space, and strive to maintain an unrivaled reputation for quality.

Further Reading on Business stories of CEOs and Founders

  1. Meet GoDaddy CEO, Bob Parsons Who Said “I’ve earned everything I’ve ever received”
  2. How Cofounder & President, Arianna Huffington Started Huffington Post & Sold to AOL for $315 million
  3. Get Closer To LinkedIn Founder, Reid Hoffman, Who Built the Over $4 Billion Company into a Powerhouse
  4. Meet Forbes’ 24th World Billionaire: The Founding CEO of Google, Larry Page
  5. Avoid Failure: Learn from Twitter Co-founder, Jack Dorsey Who Saw into Tomorrow
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