The collapsing barriers to opportunity

The walls preventing us seizing opportunities are falling

Last week I had the privilege of holding a business Internet marketing workshop for 50 people with fellow Smart Company blogger Lara Solomon and Marketing Angels’ Michelle Gamble in Sydney. The day showed just how comprehensively business barriers have fallen as cheap or free online services have giving fast moving companies a huge competitive advantage.

This is true in marketing as Michelle showed in her discussion about the overall branding of the business and Lara in covering the social media tools essential to an organisation seeking to get their message to the world. Tools and techniques that were once only available to the biggest corporations are now available to the small business.

Intellectual property is one of those areas where not too long ago few small businesses bothered to register a trade mark today it’s one of the first things a new start up does. Which was one of the things I discussed in my part of the presentation where I also covered on Smart Company a couple of years ago in The Rules of the Name Game.

The big change though is in capital expenditure — not so long ago the biggest line items on a start ups costs spreadsheet were the servers, desktops and network infrastructure.

Today, those costs have almost disappeared as the founders and early staff use their own computers or the company picks up some cheap notebook or tablets and runs all of these services off the cloud. As long as the devices can handle a modern web browser, everything else is unnecessary cost.

Web hosting and Internet plans too have become far cheaper. With most businesses being able to get a connection and an excellent hosting service for under $200 a month, many can do it for far less than that.

It’s a great time of opportunity for businesses, with an organisation’s web site becoming the cornerstone of their operations and marketing, the barriers to smart people are falling rapidly. It’s time to get your ideas out there.

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Author: Paul Wallbank

Paul Wallbank is a speaker and writer charting how technology is changing society and business. Paul has four regular technology advice radio programs on ABC, a weekly column on the smartcompany.com.au website and has published seven books.

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