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	<title>Himanshu&#039;s Blog  - Technology, Entrepreneurship &#38; Business &#187; Internet</title>
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		<item>
		<title>Get more productive with &quot;Prism&quot;</title>
		<link>http://blog.himanshusheth.net/2009/05/16/get-more-productive-with-prism/</link>
		<comments>http://blog.himanshusheth.net/2009/05/16/get-more-productive-with-prism/#comments</comments>
		<pubDate>Sat, 16 May 2009 18:11:00 +0000</pubDate>
		<dc:creator>Himanshu</dc:creator>
				<category><![CDATA[AddOns]]></category>
		<category><![CDATA[Firefox]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Personal]]></category>
		<category><![CDATA[Prism]]></category>
		<category><![CDATA[Productivity]]></category>
		<category><![CDATA[Technology]]></category>

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		<description><![CDATA[Few months back, I had blogged about GMDesk &#8211; the Adobe AIR app that makes access to all your favorite Google services easy. However, the issue with the app was that it worked fine on Windows but on Linux, the app crashes when you type M/m in user-id/password text box !!! Mozilla Labs came out [...]]]></description>
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<div style="text-align: justify;">Few months back, I had blogged about <a href="http://thoughtsprevail.blogspot.com/2008/09/gmdesk-browserless-google-services.html">GMDesk</a> &#8211; the <a href="http://www.adobe.com/products/air/">Adobe AIR</a> app that makes access to all your favorite <a href="http://www.google.com/">Google</a> services easy. However, the issue with the app was that it worked fine on Windows but on Linux, the app crashes when you type <span style="font-weight: bold; font-style: italic;">M/m</span> in user-id/password text box !!!</p>
<p><a href="http://labs.mozilla.com/">Mozilla Labs</a> came out with an interesting add-on called <a href="http://blog.mozilla.com/blog/2009/05/08/mozilla-labs-launches-prism-10-beta/">Prism</a> which like GMDesk allows you to access your favorite sites as a standalone app.Yesterday,  I gave a try to Prism and really loved it &#8211; some of the reasons listed below:
<ul style="color: rgb(0, 0, 153);">
<li>Firefox on my PC has lot of add-ons and few like <a href="https://addons.mozilla.org/en-US/firefox/addon/5081">TwitterFox</a> make it  really very slow since they have to poll for new messages every xyz minutes.</li>
<li>For users of <a href="http://www.google.com/chrome">Chrome</a>, this would be one of the potential reasons to switch to Firefox since <a href="http://www.youtube.com/watch?v=UeRukM1VteI&amp;feature=channel_page">Prism does not share the memory with Firefox</a> and hence Prism app continues to run even though your browser crashes/hangs.</li>
<li>Last but not the least, Prism enhances your productivity since you don&#8217;t have to switch tabs or open multiple windows to get to your favorite sites since, the desktop shortcuts to your Prism apps would do the trick <img class="emoticon" src="http://wolverinex02.googlepages.com/icon_smile.gif" alt="smile" title="smile" height="15" width="15" /></li>
</ul>
<p>Though Prism apps take up lot of memory [snapshot below] yet they really make browsing fun as well as interesting.</p>
<p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_45R1xOye4y4/Sg-3AtU3wXI/AAAAAAAABFA/Wxpg06UJk3w/s1600-h/Prism.png" rel="lightbox[1933]"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 320px; height: 225px;" src="http://3.bp.blogspot.com/_45R1xOye4y4/Sg-3AtU3wXI/AAAAAAAABFA/Wxpg06UJk3w/s320/Prism.png" alt="" id="BLOGGER_PHOTO_ID_5336685306252345714" border="0" /></a><span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Important Links</u></span> :<br /><a href="http://prism.mozilla.com/">Prism download page</a><br /><a href="http://www.youtube.com/user/mozillaprism">Youtube channel</a></p>
<p>Do give Prism a try &amp; definitely it would be a big productivity booster for you like it has been for me !!!</p></div>
</p>
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		<title>How to use Twitter effectively ?</title>
		<link>http://blog.himanshusheth.net/2009/03/08/how-to-use-twitter-effectively/</link>
		<comments>http://blog.himanshusheth.net/2009/03/08/how-to-use-twitter-effectively/#comments</comments>
		<pubDate>Sat, 07 Mar 2009 18:44:00 +0000</pubDate>
		<dc:creator>Himanshu</dc:creator>
				<category><![CDATA[Business Networking]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Web 2.0]]></category>

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		<description><![CDATA[It has been more than a year since I am on Twitter but I was never caught in the the web of Twitdiction [Twitter Addiction].The first question that always comes to mind is &#8220;Who would read my tweet&#8221; and if at all someone reads my tweet, why would (s)he bother to reply me with a [...]]]></description>
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<div style="text-align: justify;">
<div style="text-align: justify;">It has been more than a year since I am on <a href="http://www.twitter.com/hjsblogger">Twitter</a> but I was never caught in the the web of Twitdiction [Twitter Addiction].The first question that always comes to mind is &#8220;Who would read my tweet&#8221; and if at all someone reads my tweet, why would (s)he bother to reply me with a solution.But this turned out to be a misconception just like the <a href="http://thoughtsprevail.blogspot.com/2007/08/why-dont-you-blog.html">one</a> we have about Blogging.</p>
<p>For the past few days, there has been a steady growth in my <a href="http://twitter.com/hjsblogger/followers">T-follower count</a>  &amp; <a href="http://twitter.com/hjsblogger/friends">T-following count</a>, which gave a trigger to this article.</p>
</div>
<div style="text-align: justify;"><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_45R1xOye4y4/SbQeT7IX_iI/AAAAAAAABEo/mK3JFg1Iv1w/s1600-h/HJS_Twitter.png" rel="lightbox[1927]"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 320px; height: 251px;" src="http://1.bp.blogspot.com/_45R1xOye4y4/SbQeT7IX_iI/AAAAAAAABEo/mK3JFg1Iv1w/s320/HJS_Twitter.png" alt="" id="BLOGGER_PHOTO_ID_5310903188215823906" border="0" /></a>Below are my picks on how to make EFFECTIVE use of Twitter :</p>
<p>1. <span style="color: rgb(102, 0, 0);"><u> </u></span><span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Use Twitter like LinkedIn</u></span>:<br /><a href="http://www.linkedin.com/">LinkedIn</a> has been a great tool for <a href="http://en.wikipedia.org/wiki/Business_networking">Business Networking</a>[link <a href="http://cli.gs/q7WuMs">here</a>] and it is a place where you would find guys from the top to the bottom part of the corporate ladder.Seeing Twitter&#8217;s phenomenal growth, you wouldn&#8217;t be surprised to see the same set of people here as well.The idea is connect with them; check their followers list and follow the relevant people in their network. To take it further, Twitter is one step better in terms of transparency since you won&#8217;t require the other person&#8217;s email-id to follow him/her [exception is when the profile is locked].<a href="http://tweetsum.com/">TweetSum</a> is an awesome service that helps you more efficiently decide whether you should follow someone back once they&#8217;ve followed you on Twitter</p>
<p>2. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Understand the time-zone</u></span> :<br />Once you have established the network, you need to maintain it properly. How would a follower feel if you tweet &#8220;<span style="font-weight: bold; font-style: italic;">Good Morning tweeple,howz you?</span>&#8221; and your follower in a different time-zone reads that in the night <img class="emoticon" src="http://wolverinex02.googlepages.com/icon_sad.gif" alt="sad" title="sad" width="15" height="15" /> It is bound to happen that after irrelevant tweets like these you may loose a handful number of precious followers. We are no celebrities like <a href="http://twitter.com/BarackObama">@BarackObama</a> or <a href="http://twitter.com/shahrukh_khan">@ShahrukhKhan</a> or <a href="http://twitter.com/Padmasree">@Padmashree Warrior</a> etc.,that our followers would be interested in whether <span style="font-weight: bold; font-style: italic;">we had tea or  doing coding  or sitting with girlfriend</span>; such tweets would surely bring down your follower count. This becomes very important when your precious followers are from various parts of the world.<span style="font-weight: bold;">Though Twitter tag line says &#8220;What are you doing&#8221;, it&#8217;s meaning is much more  than that !!!</span></p>
<p>3. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Tweet &amp; retweet relevant content</u></span> :<br />This is an extension of the previous point, tweet[or even retweet] something meaningful which might be interesting and relevant to you &amp; your network, keeping in mind that each tweet should bring in more RELEVANT followers on board[There should be some <a href="http://www.investopedia.com/terms/r/returnoninvestment.asp">ROI</a> for each tweet].Use <a href="http://hashtags.org/">HashTags</a> or tags like [MY BLOG],[TECHNOLOGY],[STARTUPS] etc. wherever required so that uninterested followers won&#8217;t spend time in reading that tweet.The crux is <span style="font-weight: bold;">T</span><span style="font-weight: bold;">weet less , tweet relevant</span> &#8230;</p>
<p>4. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>PASSIONATELY LISTEN to your followers</u></span> :<br />This would be the basic usage of Twitter and needs no elaboration. If you are a brand, it becomes necessary to look into what the Twitter(ers) are saying about your brand &amp; be proactive enough to reply to their tweet.For example:  Online travel company <a href="http://www.cleartrip.com/">Cleartip</a> was fast enough to respond to one of my tweets that referred them[Tweet <a href="http://twitter.com/hjsblogger/statuses/1123355054">here</a> and Cleartrip's reply <a href="http://twitter.com/cleartrip/statuses/1123443610">here</a>], I really like their UI but this quick response doubles my liking for them.<a href="http://twitter.com/freshbooks">Freshbooks</a>  have proved that  <span style="font-weight: bold;">Twitter is a great platform to create passionate brand evangelists</span>;their must-read case study <a href="http://cli.gs/ytzHPD">here</a>.</p>
<p>5. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Use &#8220;Social Media Monitoring&#8221; tools for your links</u></span> :<br />Being only limited to 140 characters, links that are posted on twitter have to be shortened using URL shortening services[list <a href="http://cli.gs/ty2hHd">here</a>].Though each service gives us a short URL, many a times it becomes important to know status of the link[how many read, percentage of people reading from different parts of the world etc.];to keep it simple-<span style="font-weight: bold;">we need something like </span><a style="font-weight: bold;" href="http://www.google.com/analytics">Google Analytics</a><span style="font-weight: bold;"> for short URL(s)</span>.These analytics would help you understand whether twitter is REALLY working for you &amp; your brand. My personal favourite is <a href="http://www.cli.gs/">Cligs</a>, you can find the pros &amp; cons of various services <a href="http://cli.gs/HJmuj9">here</a></p>
<p>6. <span style="font-weight: bold; color: rgb(153, 0, 0);"><u>Maintain an effective Twitter background</u></span> :<br />This just came out from my personal experience.Being passionate about Entrepreneurship, once I changed the <a href="http://www.twitter.com/hjsblogger">twitter background</a> to my current one; the number of followers increased at a very steady rate.<span style="font-weight: bold;">Compare the profile page with <a href="http://en.wikipedia.org/wiki/RSS_%28file_format%29">RSS Feed</a>; we read an article based on the title &amp; it&#8217;s relevance to us[even though the complete article may not be present in the feed !!!], similarly an effective backgound gives a clear idea about &#8220;</span><span style="font-weight: bold; color: rgb(0, 0, 153);">THE REASON WHY YOU ARE ON TWITTER</span><span style="font-weight: bold;">&#8220;</span>. This even saves the other person&#8217;s time &amp; his/her decision to connect with you becomes faster !!! <a href="http://www.twitbacks.com/">TwitBacks</a> also helps you creating custom Twitter backgrounds that would make your profile page more meaningful <img class="emoticon" src="http://wolverinex02.googlepages.com/icon_smile.gif" alt="smile" title="smile" width="15" height="15" /></p>
<p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_45R1xOye4y4/SbQnkhhKbjI/AAAAAAAABEw/g0xFnN8nBoI/s1600-h/TwitterBack.png" rel="lightbox[1927]"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 320px; height: 197px;" src="http://3.bp.blogspot.com/_45R1xOye4y4/SbQnkhhKbjI/AAAAAAAABEw/g0xFnN8nBoI/s320/TwitterBack.png" alt="" id="BLOGGER_PHOTO_ID_5310913369002896946" border="0" /></a><br />7. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>MONITOR your twitter behavior</u></span> :
<div style="text-align: justify;">One fine day, you realize that &#8216;N&#8217; followers have stopped following you, hence before this happens it becomes necessary to check your TWIT(avior)- Twitter Behavior.<a href="http://tweeteffect.com/">TweetEffect</a> helps in understanding which Tweet of your&#8217;s caused a negative effect on your followers and helps you keep a check on your activity.</div>
<p><span style="font-weight: bold;"><u>Note</u></span>:<br /><span style="font-weight: bold; color: rgb(0, 0, 153);">If you liked this article, we could get connected on </span><a style="font-weight: bold; color: rgb(0, 0, 153);" href="http://www.twitter.com/hjsblogger">Twitter</a><span style="font-weight: bold; color: rgb(0, 0, 153);"> &amp; </span><a style="font-weight: bold; color: rgb(0, 0, 153);" href="http://www.linkedin.com/in/himanshujsheth">LinkedIn</a>.</p>
<p>In case you have some more interesting points to add, please leave a comment and the same would be added to the main article [with due credit to the commenter].</p></div>
</div>
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		<item>
		<title>INTERNET RICHES for Indian Entrepreneurs &#8211; II</title>
		<link>http://blog.himanshusheth.net/2008/06/19/internet-riches-for-indian_18/</link>
		<comments>http://blog.himanshusheth.net/2008/06/19/internet-riches-for-indian_18/#comments</comments>
		<pubDate>Wed, 18 Jun 2008 18:46:00 +0000</pubDate>
		<dc:creator>Himanshu</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Guest Blogging]]></category>
		<category><![CDATA[India Shining]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[ScottFox]]></category>
		<category><![CDATA[startups]]></category>
		<category><![CDATA[Web 2.0]]></category>

		<guid isPermaLink="false">http://blog.himanshusheth.net/index.php/2008/06/internet-riches-for-indian-entrepreneurs-ii/</guid>
		<description><![CDATA[In continuation to the previous article by Scott Fox , author of the best selling book Internet Riches[who is the Guest Writer on this blog]; let us now look at the remaining two factors that would help to create more online opportunities for Entrepreneurs in India. Note: &#8220;I&#8221; in the article refers to Scott Fox. 4. India&#8217;s English [...]]]></description>
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<div style="text-align: justify;">In continuation to the <a href="http://thoughtsprevail.blogspot.com/2008/06/internet-riches-for-indian.html">previous article</a> by <a href="http://www.scottfox.com/">Scott Fox</a> , author of the best selling book <a href="http://www.amazon.com/Internet-Riches-Money-making-Secrets-Millionaires/dp/0814473563">Internet Riches</a>[who is the Guest Writer on this blog]; let us now look at the remaining two factors that would help to create more online opportunities for Entrepreneurs in India.</div>
<div style="text-align: justify;"></div>
<div style="text-align: justify;"><span class="Apple-style-span" style="font-weight: bold;"><u>Note</u></span>:</div>
<div style="text-align: justify;">&#8220;I&#8221; in the article refers to Scott Fox.</div>
<div style="text-align: justify;"></div>
<div style="text-align: justify;">4. <span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(102, 0, 0);"><u>India&#8217;s English Triple Advantage</u></span></span>: </div>
<div style="text-align: justify;"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">With their greater literacy in English, Indian entrepreneurs can continue to capture a greater share of English-speaking customer dollars than entrepreneurs from other countries like China</span></span>.</div>
<div style="text-align: justify;">This linguistic advantage is important because it allows Indian startups to:</div>
<div>
<ul>
<li style="text-align: justify;">Compete on a global basis by more easily marketing their e-commerce products and services outside of India into affluent English-speaking markets worldwide.</li>
<li style="text-align: justify;"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Take advantage of proven e-commerce platforms from the U.S. for use in India. Services like </span></span><a href="http://www.google.com/adsense"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Google&#8217;s Adsense</span></span></a><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">, </span></span><a href="http://www.paypal.com/"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Paypal</span></span></a><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">, </span></span><a href="http://www.ebay.com/"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">eBay</span></span></a><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">, </span></span><a href="http://www.elance.com/"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Elance</span></span></a><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">, and many others are all available to English-speaking Indian entrepreneurs today, at least for imitation and research if not outright deployment in Indian markets</span></span>.</li>
<li style="text-align: justify;">Access the huge amount of technical and strategy information available in English online. <span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Many of the most important lessons learned by American entrepreneurs are well documented online and often available for free</span></span>. This expertise includes technical documents, the U.S. Patent Office libraries, community forums of all sorts, and even thousands of free email newsletters and e-courses [like those I offer at <a href="http://www.ScottFox.com/">ScottFox.com</a>] that teach many of the e-business revolution&#8217;s tactical innovations for free.</li>
</ul>
</div>
<div style="text-align: justify;">5. <span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(102, 0, 0);"><u>Anyone Can Play Online</u></span></span>: </div>
<div style="text-align: justify;">Perhaps most exciting about the E-Business Revolution is the liberation of the creativity of non-traditional entrepreneurs. <span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">With little capital required, low risk, and worldwide reach, the World Wide Web offers economic opportunity to a wider class of people, including the disenfranchised, the physically disabled or house-bound, and lower socio-economic classes, than ever before in history</span></span>. Particular opportunities are emerging to serve youth markets [with more than half of the Indian population under the age of 25], and women [only 23% of Internet users in India are female], for example.</div>
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<div style="text-align: justify;">As previous online innovations like <a href="http://www.ebay.com/">eBay</a>, <a href="http://www.youtube.com/">YouTube</a>, <a href="http://www.facebook.com/">Facebook</a>, and <a href="http://www.craigslist.org/">CraigsList</a> have demonstrated in the U.S. , it&#8217;s difficult to predict how new platforms for commerce and communication can empower people. Today e-commerce&#8217;s egalitarian approach to allowing participation and making money is increasingly available to inspire bursts of creativity from Indian entrepreneurs. <span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Additionally, it&#8217;s easy to foresee dramatic advances, including the establishment of new billion-dollar companies dedicated to serving the unique needs of previously underserved sectors of Indian society</span></span>.</div>
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<div style="text-align: justify;"><span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">Increasingly, the only entry requirements into the race for internet riches are a broadband connection, creativity, and some hard work</span></span>. As discussed in my book, Internet Riches, and with free updates by email from my blogs at <a href="http://ScottFox.com/">ScottFox.com</a> , I look forward to helping nurture this coming tidal wave of achievement too. <span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="color: rgb(0, 0, 153);">I am excited to see the innovative, profitable, and inspiring ways that Indian entrepreneurs of all kinds will find to respond to the opportunities offered by the e-business revolution</span></span>.</div>
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<div style="text-align: justify;">With this closing remark from Scott, I would like to thank Scott for being a guest author on <a href="http://thoughtsprevail.blogspot.com/">ThoughtsPrevail</a> and hope to see him back in the near future !!!</div>
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<div style="text-align: justify; "><u><b>Related Article</b></u>:</div>
<div style="text-align: justify; "><a href="http://thoughtsprevail.blogspot.com/2008/06/internet-riches-for-indian.html">INTERNET RICHES for Indian Entrepreneurs &#8211; I</a></div>
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		<title>INTERNET RICHES for Indian Entrepreneurs &#8211; I</title>
		<link>http://blog.himanshusheth.net/2008/06/17/internet-riches-for-indian/</link>
		<comments>http://blog.himanshusheth.net/2008/06/17/internet-riches-for-indian/#comments</comments>
		<pubDate>Mon, 16 Jun 2008 18:55:00 +0000</pubDate>
		<dc:creator>Himanshu</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Guest Blogging]]></category>
		<category><![CDATA[India Shining]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[ScottFox]]></category>
		<category><![CDATA[startups]]></category>
		<category><![CDATA[Web 2.0]]></category>

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		<description><![CDATA[With Internet growing leaps and bounds in India, the number of online opportunities for entrepreneurs have also grown as well.The growth of internet penetration in India has opened up new doors for Part-preneurs [My terminology for a person who is yet to completely take the entrepreneurial plunge but works on his venture part-time so that [...]]]></description>
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<div style="text-align: justify;">With Internet growing leaps and bounds in India, the number of online opportunities for entrepreneurs have also grown as well.<span style="font-weight: bold;">The growth of internet penetration in India has opened up new doors for Part-preneurs [My terminology for a person who is yet to completely take the entrepreneurial plunge but works on his venture part-time so that one day he can pursue his dreams full-time]</span>.</p>
<p>To tell us more about these opportunities, there would have been no better person than Scott Fox, more about him below.</p>
<p><span style="font-weight: bold; color: rgb(102, 0, 0);"><u>About Scott Fox</u></span><span style="color: rgb(102, 0, 0);">:</p>
<p></span><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_45R1xOye4y4/SFdgvCtorEI/AAAAAAAAAto/lnJ1sj7PsSM/s1600-h/InternetRiches.png" rel="lightbox[1884]"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer;" src="http://2.bp.blogspot.com/_45R1xOye4y4/SFdgvCtorEI/AAAAAAAAAto/lnJ1sj7PsSM/s200/InternetRiches.png" alt="" id="BLOGGER_PHOTO_ID_5212741455003036738" border="2" /></a>Scott Fox is the Author of <a href="http://www.amazon.com/Internet-Riches-Money-making-Secrets-Millionaires/dp/0814473563">Internet Riches</a>, the worldwide best-selling guide to how anyone can use the Internet to start their own business, even without much money or technology.  He blogs and offers free email newsletters about e-business success, entrepreneurship, and online marketing advice on his <a href="http://www.scottfox.com/">website</a>.<br />This article is divided into two parts so, without much wait, let us see what Scott has to say about India and opportunities for Indian entrepreneurs online.<br /><span style="font-weight: bold;"><u><br />Note</u></span>:<br />&#8220;I&#8221; in the article refers to Scott Fox.Before we start, my heartful thanks to Scott for being a guest writer on <a href="http://thoughtsprevail.blogspot.com/">ThoughtsPrevail</a>.</p>
<p><span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Internet riches for Indian Entrepreneurs &#8211; I</u></span><br />Today the Internet offers to Indian entrepreneurs even more potential for e-commerce success than was available in the U.S. in the 1990&#8242;s.</p>
<p><span style="font-weight: bold; color: rgb(0, 0, 153);">The waves of broadband penetration and low cost e-commerce tools that led to mass adoption of the Internet in the United States are now reaching Indian shores</span>.  Although millions of Indians have been online for years, millions more are just beginning to gain access to the global digital marketplace.  Most are still connecting at dial-up modem speeds but broadband penetration in India doubled again in 2007.  <span style="font-weight: bold; color: rgb(0, 0, 153);">And while the early adopters of e-business in India mirror those of the U.S., these waves have also broadened their reach during the time and distance they have traveled from the U.S. to India to include more people, more kinds of people, and new platforms like mobile phones</span>.</p>
<p><span style="font-weight: bold; color: rgb(0, 0, 153);">Its huge population alone suggests that India should be an economic superpower</span>.  Usually this massive population is viewed as a potentially profitable consumer market to be exploited.  I would prefer to see India&#8217;s people as a massive natural resource that smart entrepreneurs can leverage to achieve huge financial success.  <span style="font-weight: bold; color: rgb(0, 0, 153);">Current challenges in providing basic services like electricity and water will be overcome, and India&#8217;s astounding continued economic growth rate offers major opportunities to a new wave of Indian e-commerce start-ups today</span>.</p>
<p>At least 5 factors[with two mentioned in the next article] will combine in India to create exciting new markets and unprecedented millionaire-making opportunities for a new generation of Indian entrepreneurs.</p>
<p>1. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Capitalism without Capital</u></span>:<br />The low cost of entry for starting a business online is unprecedented.  The costs of a PC, broadband connection, and especially the education to put them to work remain significant obstacles.  <span style="font-weight: bold; color: rgb(0, 0, 153);">But these foundations of e-commerce success are still so much less expensive than erecting a bricks-and-mortar business that small business ownership is increasingly within the reach of millions who have not fully participated in the economy previously</span>.</p>
<p>2. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>Low Risk</u></span>:<br />Because the e-business revolution so reduces the need for start-up capital, it is much less risky.  <span style="font-weight: bold; color: rgb(0, 0, 153);">By starting small online, millions of new Indian entrepreneurs will find that they can build their own businesses without leaving their current jobs, mortgaging their personal assets, or otherwise unduly risking their futures</span>. This ease of market entry introduces increased potential competition but also allows rapid product development iteration, customer feedback, and online market testing to accelerate the success of winning ventures.</p>
<p>3. <span style="font-weight: bold; color: rgb(102, 0, 0);"><u>New Local Market Innovations</u></span>:<br /><span style="font-weight: bold; color: rgb(0, 0, 153);">Internet-delivered local services and advertising are sure to spread in India even faster than they emerged in the U.S</span>.  Years of U.S. and EU innovation in web site and mobile phone-based services will benefit localization business efforts by Indian entrepreneurs, helping them speedily deploy new tools [whether invented in India or imported] to profitably serve their vast domestic market.</p>
<p>I hope that you found insights from Scott useful as well as interesting.You would find the continuing part in the next article.</p>
<p><span style="font-weight: bold;"><u>Reader Contribution</u></span>:<br />Get updated Motivation Quotes by Scott Fox using <a href="http://www.google.com/ig/directory?url=hosting.gmodules.com/ig/gadgets/file/101127865637231588145/MotivationQuotes.xml">this Google Gadget</a> by <a href="http://www.geocities.com/panchmatia_manish">Manish Panchmatia</a></div>
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