25 Jan 2009

5 Predicted Web 2.0 Businesses That Will Thrive in 2009

An article on mashable.com predicts 5 Web2.0 Business Models with tremendous growth opportunity in 2009. The author starts points to
  • 'Co-Working Spaces' that lead to reduced cost and increased networking and sharing of intellect. 
  • 'Bootstrapping & Growth Based Business' where the lack of VCs in current market will force business owners to create growth based plan and go at it on their own with a high risk and low tolerance of failure but also leading to larger share of profit and more control of future of the business in the absence of numerous investors hungry for the profit.
  • 'Collaborative Tools' will keep travel and logistical expences down while work collaboration and increasing networking is done via tele-video conferencing & collaborative tools for peer design & construction. 
  • 'Idea Marketplaces' where ideas are generated and sold exposing one's bootstrap effort to larger organizations for rapidly adding to their services. Making innovation a global proposition. Lastly the author points to 
  • 'Workforce Marketplaces' a dicey and interesting sector to watch.  Although very cheap labor can be had for grunt work through international sites like, Rent-A-Coder and GetAProgrammer,  american talent can offer the talent and quality. 
  5 Web 2.0 Businesses That Will Thrive in a Down Economy by Mark Hopkins