Posted by & filed under Part 2 Starting and Growing Your Business.

Description:  THE Internet is a Soviet bread line. Remember those lines? Back when commissars commanded the Soviet Union’s economy like Knute commanding the tides, people would wait for hours in long queues for free bread. Although the bread was free, people paid for it with their time.

Source: NYTimes.com
 
Date: 07/09/2010

Link: http://www.nytimes.com/2010/07/11/business/11every.html?ref=business

Questions for discussion: 

  • Do you agree with the argument presented in this article?
  • Is the time spent searching online different in value than the time spent searching for say, clothing at the mall?
  • Will web sites that find what we want and deliver it faster to us be able to charge money?
  • How can this ‘value’ be charged to customers?

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