Ventures New York

Wednesday, July 12, 2006

How to Become an E-Business Millionaire,
According to Consultant Scott Fox

According to Scott Fox, Internet technology is so easy to use and inexpensive today, that almost anyone one with a great business idea can parlay the idea into a sizable business opportunity.

Fox, an e-business consultant as well as a Stanford Law School graduate, has just published a book titled "Internet Riches: The Simple Money-Making Secrets of Online Millionaires" (Amacom, 2006, $22.00) The book is aimed at the general reader who may have been contemplating starting an online business, and who wants to know what's involved, how to get started, and how to grow the business.

Fox is in a good position to help online entrepreneurs, having assisted many of them to start up and grow their online businesses over past the several years. Fox details how a number of these entrepreneurs built their e-businesses up to substantial revenues, using the relatively inexpensive services and tools now available on the marketplace.

One of these new businesses was built by his wife, under the name SweaterBabe. com, which sells patterns for sweaters, scarves, hats and ponchos, as well as accessories like like purses and baby blankets, to knitting and crocheting enthusiasts.

Fox takes his readers right from business idea conception, to setting up the website, to incorporating e-commerce shopping carts, to marketing strategies for "no budget," "small budget," and "real budget" situations, right through copyright and intellectual property protection.

This is an interesting, easy read with the potential for a high payoff.

I recommend the book, and have already been able to implement some of its advice into my own business strategy.

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