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Old 01-26-2006   #3
Hell Puppy
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Join Date: Oct 2002
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Default Re: Business today versus busienss then- a discusion about the past, present, and fut

Cost of entry is much lower now than it was then.

I'm not just talking money, but also knowledge. We all but give away hosting and content, and there are tools that let you easily throw up a lot of pages without really knowing much of anything.

What this has created is a HUGE tier of part timers, mostly college kids. Most have no real clue about traffic and are quite content to give away a shitload of content and use a assload of bandwidth to make a handful of sales a week. Few will ever learn to advance past that, they just know it's an easier way to make beer money than working delivering pizza or something.

This was really obvious when people were posting "way back when" pics recently from the shows. In the late 90's, i'd say the average age of the people attending shows was 30+, maybe closer to mid 30's. It was business people. Look at pics now and you see a lot of guys under 25 who spent more than they'll make in a month just to be at the show.

Bottom feeders are rarely good for any industry, they tend to kill margins.
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