(Thanks to my colleague Jennie Bowman for passing this along).
See Any Opportunities Here?
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Opportunities exist everywhere! For more ideas, I'd like to share something:
I am a huge fan of talk radio, and am also a business person constantly looking for sound ideas for income strategies. So when I heard Janet Switzer (marketing mogul for the Chicken Soup Series) on Conversations Live with Vicki St.Clair recently it was really inspiring. Conversations Live with Vicki St.Clair is hosted on Seattle's KKNW
every Monday, noon PT.
On this segment, Janet Switzer introduced her new book called Instant Income: Strategies that bring in Cash for Small Businesses, Innovative Employees, and Occasional Entrepreneurs. The book and her radio interview shares some 20 years of marketing and
advertising experience that's invaluable. To learn all about her proven business tips for yourself, you can listen to the full podcast here:
http://conversationslive.net/index.php?option=com_content&task=view&id=188&Itemid=29
ENJOY!
No because most of the social media companies are still trying to find a viable business model in which they can make money.
They are operating on investments not profits. At some point they are going to have to show a profit or fail. This is a very risky industry which has yet to find a way to make a profit.
The deepening recesion is going to dry up there VC credit and reduce their online ad revenue, leading to failure or consolidation or charging users for their services.
A small business needs to make an educated and calculated risk that is in their favor. Social media is a risky gamble.