Random Access - Sunday, November 30, 1997

Equilibrium, or, how to make money on the Net

by Chris Gulker


Reader Philip Resheph, responding to my first Literacy column had a good suggestion. Rather than point out problems, wrote he, wouldn't it be grand if I would point to answers?

Philip's right. Anybody who parts with 45p for a copy of the Indy deserves better.

So, how can one prosper on the Internet? Three suggestions, ranging from the practical to "think before you try this at home".

Idea one - save money: switch as much of your communication and communication-based business to the Net as possible. Email can be much cheaper than postal mail, faxes and phone calls to faraway places or transportation to a distant office or home. Email isn't always appropriate or even possible, but when it is, use it. Needless to say, in places where high phone charges apply, you may need to do a little calculating to figure out which classes of communication actually are cheaper.

A corollary is to spend the same as you do now on communications, but extend your reach. If you're connecting with more people, you're more likely to uncover opportunities. Use the cost differential to build a personal or professional network on top of the global network and discipline yourself to use it.

Use Web-based services: increasingly you can find cheap stuff on the Net - everything from used computers to airline tickets to automobiles to houses. Well-made Web interfaces save companies money, and some pass the savings on to customers. You can also bank, trade stocks and pay bills over the Net, depending on your local circumstances, and the best of these services are more convenient and cheaper than other methods (remember, your time is worth something).

Idea two - educate yourself. You can amass intellectual capital easily on the Web, either through self-directed study or by taking advantage of any number of free or inexpensive distance-learning programs.

Pick a theme that you feel will help you compete better in your chosen field and spend 30 minutes a couple times a week focusing on finding and assimilating the best information you can. Master the Net search engines - learn to structure searches that result in more focused results, a skill that, like typing, will always help you, wherever your career path leads. Make your first assignment to survey the resources available and make a list of the most promising ones.

It is particularly easy to gain technical literacy on the Net - Web pages, Usenet news groups, Listservs and email can help tremendously, either with outright knowledge or pointers to other resources. You can ask questions when you get stuck on difficult topics - and you'll be amazed at how helpful some segments of the Net community can be.

I am personally acquainted with dozens of people (myself included) who have prospered by teaching themselves to be technically literate. Many people in this group have doubled or tripled their incomes, and in some cases, done much better than that, by using the Net to build technical proficiency. Some succeeded by bringing their newly-won technical acumen to bear on their traditional fields, others by making quantum leaps into new and fascinating areas. Just knowing the current buzzwords can open doors.

Idea three - invent the future. You can make money right now by learning enough about the Net to set up shop as a consultant, a webmaster, a Web site designer, an Internet service provider, a researcher, an HTML coder or a host of other professions.

But, go further. Take a moment to "think different" as one, presumably syntactically-challenged, computer company currently advises. Take some part of your time - say, 3% - and think about "blue sky" topics. Put unlikely ideas together and see what happens. Dare to make mistakes - error and chance are among the most productive engines of invention ever.

Here's one of my recent attempts at thinking differently. I've been watching the Web and other sources for information about media and at the same time reading about the origins of life and evolution.

One current, hotly-debated evolutionary theory is that of punctuated equilibria, which holds that the evolutionary record is one of long periods of relative stability, punctuated by relatively brief periods of radical change. Dinosaurs rule for a long time, and then poof, vanish in a geological blink of the eye. The punctuated equilibria theory stands in contrast to Darwinian "gradualism".

Media types seem to exhibit this same behavior (as shown in the graphic). A medium holds sway for a while, then a new one pops up, and takes off. Newspapers were a leading information source for nearly a century before being arguably out paced by broadcast media.

Moreover, the period from the invention of a media type to its broad success seems to be compressing. Printing was 300 years old before steam-powered presses made cheap newspapers, magazines and books possible, but broadcasting took only 50 years to go from laboratory to commercial success.

If there's anything to my crackpot theory, then the Internet is poised, 25 years after the deployment of the first Arpanet nodes, 6 years after the invention of the World Wide Web and 3 years after the launch of the first commercial browser, to begin its ascendance.

Many fortunes were won when first print, then broadcast moved into the mainstream by those who invented, or stumbled upon compelling ways to use those media.

So, give it a shot, think! Or are you now fretting over the 45p you plunked down to read this?

N.B. After I wrote this, I found this link to a similar theory: A Punctuated-Equilibrium Model of Technology.


Random Access | www.gulker.com | Help/Info

editor@gulker.com This page was last built with Frontier on a Macintosh on Sun, Nov 30, 1997 at 4:20:37 PM.