Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |
Entrepreneurialism Information Click here for eBay Motors! Get 2 weeks FREE CA Anti-Virus 2007 Accept Credit Cards Get your FREE $250 Cash Card PhotoStamps

This Domain For Sale. Contact us for more information.

Lets Not Forget About The Little Guy

Every business has to start somewhere. What truly makes this country great is the freedom of enterprenuership that every one of its citizens have. Capitalism at its best signifies the power of a single person to reach monumental goals and turning a simple idea into a huge corporation. But in our pursuit of this glorified state, have we snubbed the little guy?

Corporate earnings are billions of dollars a year for executives and shareholders. Online companies such as eBay, PayPal, Google, and Blockbuster have crushed the little guy beneath the giant wheels of change. What would have been important to the small companies as they used to be is a far cry from the values that these corporations embrace today. Will it always be this way? Change is inevitable, but does it really take stepping all on the individuals that got them there in order to succeed? It's as if once a certain dollar amount is reached in net revenue, the blinders go on, and the company loses touch with the little guy.

EBay, Inc. began in 1995 with one little guy's idea on a better way to garage sale, as a way for his girlfriend (now his wife) to trade Pez dispensers online. By 2001, more than $9 billion in merchandise was sold via the auction monster. Now, eBay Inc. is the biggest internet marketplace, reporting a gross profit of $2,656,894 for 2004.

In an interview with eBay's founder Pierre Omidyar in BusinessWeek Magazine, Senior Correspondent Robert D. Hoff asks a pertinent question:

Hof: "It seems ironic that eBay started out intending to level the playing field for small businesses and individuals, and now eBay is a big corporation. How do you make those jibe these days?" Omidyar: "It sure is ironic. I like to think we're a different kind of big company, because of the way we interact with our community. If we lose that, we've pretty much lost everything. If you're starting a revolution and you succeed, then are you still a revolutionary? It's a little bit weird, but I think we still have a long way to go, bringing the level playing field to the rest of the world."

Interestingly, earlier in the interview, Omidyar touts his original ideals of listening to his customers, and shaping the software based on their suggestions, sometimes even the same night he received an email from a customer. But increasingly, as of late, eBay's customers are reporting a greater dissatisfaction with the way the conglomerate is handling their marketplace. After all, it is eBay sellers that are the actual customers, because they pay all the fees, and therefore are the source of eBay's revenue. And unless you are a Power Seller, forget about calling eBay. Their number is reserved for only the elite few who can meet their standards of maintaining so many thousands of dollars in sales per month. You'll be lucky if they respond to your email within a week. So I wonder what makes a level playing field, as Omidyar so aptly puts it. Can eBay truly claim to not have reached it yet? Come on?

Since the company raised its prices to sellers earlier this year, though, there are defections to Overstock, Yahoo, Amazon, and other smaller auction sites. Is eBay in that much financial distress that it has to rob the sellers of their hard earned auction profits only to pay higher fees? By the looks of the profits listed earlier, we can all see they're not struggling. According to BusinessWeek's David Kiley:

"Ebay's stock is trading at almost half its 52-week high despite continuing to make money. One wonders if eBay has simply become as complacent as General Motors became in the 1980s, figuring that Toyota and Honda would never amount to much, and that people would prefer a used Buick to a new Hyundai. Ebay is still a market share leader by a big margin. But investors and Wall Street tend to value a stock based on what they think future performance will be. Looks pretty bleak."

Tiffany & Co., which has filed a lawsuit against the Internet auction giant for facilitating counterfeits, claims that eBay has a responsibility to police its auctions. Gucci, Prada, and other big names are closely watching the suit, as the ramifications will affect them as well. Originally clinging to the values of Omidyar himself, policing auctions was indeed something that they did. Now, the complacency of eBay and it's "hands off" attitude is almost disgusting. Big mistake; the stakes are high for eBay. Other firms are watching and legal experts predict a flood of similar copyright lawsuits if Tiffany prevails. Lawyers salivate at the thought of getting a piece of the eBay pie.

"Everybody wants to see where this is going," said Lou Ederer, an intellectual property rights expert. "How much longer can eBay hide behind their bigness? They are taking the position that they can't monitor thousands of auctions going on all at once. But where do you draw the line? Firearms, alcohol? There are certain industries where the line has to be drawn."

Another giant, Google, is seemingly only a bit better. Google's search engine does not generate revenue, as there are no paid inclusions to be listed in the search engine. Rather, Google relies upon its infamous PageRank to rate the importance of sites, and how they get listed. Factors such as keyword density and placement, aging, and link popularity all figure in to the secret algorithm, called PageRank. So where does Google make its money? Google's pay-per-click advertising, AdWords, is the major source of Google's income. Google's concept started in 1996 with two little guys, Larry Page and Sergy Brin. While students at Stanford University, the pair collaborated on a search engine called BackRub, named for its unique ability to analyze the "back links" pointing to a given website. Housed with low end computers in a meager dorm room, the two college students originally sought a buyer for their technology, but no one was interested, so they decided to give it a go themselves. They got a few investors, and Google, Inc. was born. What had been a college research project was now a real company offering a service that was in great demand. The rest is history.

Now, with Google's enormous impact on the internet, considering that 85% of all website traffic comes from search engines, people cannot fail to take notice. If your website doesn't appear in Google, chances are you're not getting good quality traffic. Google ranks #3, surpassed only by Yahoo and MSN, #1 and #2 respectively. Further, the corporation seeks to match its closest competitors by moving away from search engine technology and into the fields of web-based email, shopping, local searching, blogging, and even home pages, in order to steal that market share as well. When is it enough? That's the funny thing about greed--it engenders more greed, and procreates like a bunch of rabbits.

But the search engine giant is in trouble in the courts, having lost one lawsuit already to Louis Vuitton, Inc. for trademark infringement in October, 2003, and another that the Versailles Court of Appeals, upholding the Vuitton decision, published in March, 2005. The court ordered Google to stop allowing the linking of advertisements to search terms trademarked by two travel companies by Google's AdWords and to pay damages to the trademarked companies. According to, "?The 20-page October 13 ruling by the court in the Paris suburb of Nanterre called into question the legality of the search system at the heart of Google's business model." The lawsuit will have ramifications on the validity of the pay per click advertisements, calling Google's main source of revenue onto the carpet as more court cases ensue.

Google is in the process of removing French news agency Agence France Presse (AFP) from its Google News service, which aggregates links to online articles and accompanying photos from about 4500 news outlets. AFP sued Mountain View, California-based Google in the U.S. District Court for the District of Columbia in March, 2005. The news agency is seeking to recover damages of at least $17.5 million from Google. AFP also asks the court to forbid Google from including its content in Google News. And the greed continues.

In other news, Blockbuster's CEO John Antioco was ousted at the May 11th, 2005, shareholder meeting, only to reinstated to CEO two weeks later by the board when the dissident financier and corporate raider Carl Icahn voted himself onto the board, with voting rights of 10% of Blockbuster's Class A shares, and 8% of Class B shares, only to find out that outing the chairman would cost the corporation $51 million dollars. The two other board members voted in actually had extensive media experience. The only experience Icahn has is buying shares and then being loudmouthed at shareholder meetings. So keeping Antioco on the board, and thus voiding the compensation package, seems like more of an afterthought, or even a fast recovery from what could have been a very costly second quarter. The way corporate America is set up seems to be a good way to be accountable (i.e. to the FCC and stockholders), but is a good idea for the ones with the most money making all the decisions? What's laughable in the Blockbuster drama is that Icahn wasn't privy to the executive contract that Antioco had, and once Icahn was informed after his election to the board, he quickly changed his tune.

Blockbuster, Inc. was founded by Wayne Huizenga, who was named Ernst & Young World Entrepreneur of the Year for 2004 and 2005. He is the only man to have created six NYSE companies, and three Fortune 500 companies: Waste Management, Inc., Blockbuster, Inc., and AutoNation. He started as a door to door salesman for a trash hauling company. From meager beginnings into the world of multi-billionaires, Huizenga's is truly a Cinderella story, although his character wasn't always pretty. And now Blockbuster stock is half of what it was a year ago, and keeps dropping. It seems for every mountain peak, there is the downhill slide.

What I hope to accomplish by this article is not stir up anger towards corporate America; quite to the contrary! What I actually hope to do is give each and every little guy out there the hope and light the fires of passion that you can be a success story as well. But there is a clear warning that growing beyond the bounds of reason has its consequences as well. If your goal is to gain enough wealth to be comfortable, then by all means, go for it. But if your design is to be the best, or to be all things to all people, there is fair risk to you of replacement.

Are American corporations getting too big for their britches and forgetting their roots? You bet. So hey, America, stop forgetting the little guys that made you great in the first place! The little guys like you and me, enterpreneurs with one goal in mind: to make a living, can make a difference. After all, it only takes one to rock the boat.

Jennifer E. Sullivan is an Internet Business Consultant who specializes in search engine optimization and web marketing. Her emphasis is on small to medium business marketing. She has written several web marketing articles, including "Hiring an SEO Consultant: 10 Reasons Why You Should", "PageRank for Websites: Is There More to the Web?" and "Success for the Early Entrepreneur". You can find more information on her services at

Business:Entrepreneurialism Articles from
12/24/2021 04:03 PM
How to Maintain Business Momentum
Not all goals are equal. The secret lies in setting a goal that will motivate versus one which will defeat you.
12/21/2021 09:19 AM
How Do Business Owners Stay Focused?
Many entrepreneurs think their biggest problem is finding funding. But what those entrepreneurs forget is the demon of distraction.
12/20/2021 06:01 AM
How Do You Embrace a Growth Mindset?
People with a growth mindset believe they can grow. And if you want to succeed as an entrepreneur, a growth mindset is what you need.
12/20/2021 06:00 AM
Affiliate Marketing Secrets - What I Wish I Knew Before!
The so called affiliate marketing secrets are really just things that some affiliates know and others don't. I wasted years as an affiliate making many mistakes which I could have avoided if I had have know better! Here I share some of the "secrets" I wish I had known about before I started on the affiliate journey!
12/20/2021 06:00 AM
Autopilot Money Making System - How To Create One
Is it really possible to create an autopilot money making system which runs completely hands free? Since the early 2000's I became fascinated with the idea of generating an income completely hands free from the internet. After purchasing an eBook, I realised that automated downloadable products could allow a "hands off" income source, and be created from anywhere.
12/16/2021 09:17 AM
How Do You Evaluate the Future of Your Business?
Revisiting a business plan at the right time and adjusting the strategy can save or destroy a business. Here are 5 ways to evaluate your business and your future.
12/16/2021 09:17 AM
Affiliate Marketing Mentor - Why You Need One
An affiliate marketing mentor can help you better understand the steps needed to build a successful affiliate business and earn an income online. A mentor can also help you overcome your own limiting thinking when it comes to building an income online.
12/14/2021 10:10 AM
4 Signs That You're Losing Interest in Your Business
Only time will tell if you're really losing passion for your business. But these questions will help you know, make changes and take your business to the next level.
12/13/2021 08:47 AM
Are You Losing Interest in Your Business?
It's a fact that many people lose the passion for their work. As an entrepreneur, if you don't love what you do, pouring your heart into your business will be difficult.
12/08/2021 09:40 AM
How Do You Get Your Business Out Of a Rut?
Entrepreneurship is not for the weak! The emotional rollercoaster is full of highs and lows. And managing and motivating your team needs a consistent positive demeanor. As a result, having ways to get yourself from these lows is crucial.
12/01/2021 08:33 AM
Why Is Momentum So Important in Business?
If you lose momentum, evaluate what choices made this happen. Doing research will help you undercover the missteps that could be avoided in the future.
11/24/2021 08:59 AM
How to Stay Motivated and Excited About Your Business
As a business owner, you're building your dream. You're putting your mark in a world full of conformity. And it'll take a lot of consistent and constant motivation to move past the hard times. Use these six tips to tap into your inner power and use that motivation to build your entrepreneurial momentum.
11/18/2021 10:55 AM
How to Ignore the Haters and the Naysayers
Whenever you get distracted by naysayers, it's because you've lost focus. All you need to do is remember your goals. Remember who you are and what you want to achieve. Think about your goals and ask yourself if it's worth putting your goals on hold because of what naysayers say. Don't deny yourself the life you should live because of haters and naysayers.
11/16/2021 11:17 AM
Are Your Habits In Line With Your Business Priorities?
We all have regular practices which give us structure. These practices help us remain mentally and physically healthy, and they enable us to approach life consciously. These habits are important every time, and they're crucial in our busiest and most chaotic times.
11/15/2021 01:49 PM
Don't Focus on Being the Best, Focus on Being Unique
In a world where competition is the constant factor, it's hard to differentiate and build your own identity. It's difficult, but it is possible to be unique!
11/12/2021 10:14 AM
How to Launch Your Coaching Business
As you prepare to launch your coaching business, remember it's possible to build a successful coaching business. But you have to believe in yourself and in your idea before it becomes a reality.
11/08/2021 05:43 PM
7 Steps to Find and Retain Quality Staff
Finding and retaining quality staff whether you're hiring employees or contractors, can be a difficult task for many entrepreneurs. There are a myriad of reasons this is true. It takes a focused, strategic approach to hiring and growing your team that will help propel you and your business forward. Apply these 7 steps to find and retain quality staff.
11/08/2021 05:42 PM
How to Know If an Opportunity Is Right for Your Business
To become a successful entrepreneur, you need to know how to detect unique and good opportunities. Also you need to test and execute them more efficiently than your competitors.
10/28/2021 10:26 AM
Why Your Mindset and Beliefs Impact Your Business Success
What do the world's most successful entrepreneurs have in common apart from successful businesses? The answer is, the right mindsets. Mindset together with consistent action is the key to achieving and maintaining momentum.
10/26/2021 02:36 PM
How to Clear the Way for New and Better Business Habits
The success of your business depends on you. That means increasing your output, improving your performance, and focusing more on important things.
10/19/2021 07:20 PM
Choosing The Right Courier Company For Your Small Business
If you need to send a parcel for you or your business, then choosing your courier is very important. If your business is online, then the courier service you use to send goods may be the only human interaction your customers have with your company. Therefore, it is very important to choose smartly who will represent your company when delivering your parcels.
10/19/2021 06:20 PM
Bust These Myths About Co-Working Spaces and Start Being Productive
The more you learn about the advantages of co-working spaces, the more it sounds too good to be true. When something has been hyped up over and over again, you start to wonder what could be wrong with it. Flexible workspaces have their share of naysayers and their opinions may give you pause in patronising such establishments. However, let us help you alleviate your fears as we debunk popular myths regarding co-working spaces.
10/19/2021 06:19 PM
An Entrepreneurs Untold Story of Work in Progress
A story of how an Entrepreneur worked his way to a multi million dollar company overnight until it became to big for him to handle leading to a failed success. He has now gotten back up and is about to use this experience to create something even bigger by not making the same mistakes.
10/19/2021 05:53 PM
Article Marketing: The Marketing of the Future
As society evolves, we develop and think of new products. And as new products come to the market, we need to think of better ways to sell them.
10/15/2021 10:26 AM
4 Business Strategies You Probably Haven't Thought About
Every business should find a strategy that helps it to achieve a competitive advantage in the marketplace. This strategy should be based on the strengths and weaknesses of the firm's products/services and the position it wants to have regarding its customers.
10/13/2021 11:39 AM
4 Ways To Build Momentum In Your Business
Momentum doesn't happen by chance, and nor is it willed into existence. To achieve momentum, you need to understand its source, and then relentlessly fuel it.
10/06/2021 01:43 PM
How to Be Better at Hustling and Entrepreneurship
Success doesn't come to those who wait - it comes to those who go out and get want they want. You don't want to the person who waits for things and gets what's left by those who hustle - be a hustler yourself!
10/04/2021 09:25 AM
How Does a Business Become Scalable?
Some businesses are scalable, meaning they can grow income exponentially. Others are not open to growth, but they generate a reliable income which is not lucrative.
08/31/2021 02:45 PM
Nine Books Every Successful Entrepreneurs Has on Their Shelf
Take advantage of the best the entrepreneurial community has to offer. Whether you read each book cover to cover or just use them for reference they represent ideas and techniques that will see you through the dark days every entrepreneurs face at some point.
08/16/2021 10:16 AM
Ready to Grow? Top Positions You Need to Fill to Expand Your Business
Do you wish to reach a point where your business is ready to scale and move to the next level? Hiring crucial people will help you move quickly, while proving excellent products and great customer service.
08/04/2021 03:16 PM
6 Reasons To Start A Business During This Pandemic
This is the best time to start your dream business. This article will provide tips for you to use immediately.
08/02/2021 06:06 PM
Go Read a New Business Book a Week
Reading is essential. Go and read a business book to enrich your business.
07/23/2021 11:26 AM
How to Be an Entrepreneur With a Full Time Job
It may seem difficult seeing how you can create a successful business for yourself. In addition, having a success formula takes time.
07/15/2021 05:54 PM
What Is an Entrepreneur and What Is Entrepreneurialism
What is an entrepreneur and what is entrepreneurialism. What makes them what they are?
07/12/2021 10:52 AM
Personal Branding Strategies for Women in Business
Personal branding for women is critical for business success to build your brand. When you align your personal brand with your business brand, you're much more likely to not only connect with the right people but also turn them into raving fans. Build your business with these personal branding tips.
07/12/2021 10:51 AM
How to Increase the Value of Your Business
There are many ways to boost your sales and grow your business, no matter your budget size. However, increasing the value of your business on a tight budget can be daunting.
07/09/2021 11:08 AM
Innovative Business Shares Tips
Innovative businesses are showing the road map to success: have a real connection to their customers, be proactive for the environment, show support for local social causes and events, and concentrate on providing a great service/product while building a strong networking system. It is the only way to survive in this "new normal".
07/01/2021 11:19 AM
What to Do in a Creative Dry Spell
While most creatives can't get away with allowing a dry spell to keep going on indefinitely, you can get out of the dry spell simply by trying these ideas. Often, just stopping the internal pressure you have on yourself can unleash your creativity again.
06/29/2021 05:38 PM
Top 3 Ways You Can Generate Ideas for a New Business
1. Start a Business that evolves around your innate ability. Innate abilities help you do things with ease. Often times I hear people say, "what do you have flair for?" Innate abilities help you do things better, quickly and 'naturally' than others. It helps you do things effortlessly!
06/28/2021 07:29 PM
How to Train Your Brain for Maximum Creativity
Training your brain to be more creative, to be creative on demand, and to be creative in more than one way is within your power and control. When you find something that works for you to unleash your creativity, use it.
06/01/2021 08:49 AM
How to Create an Innovative Mindset
In general terms, a traditional business mindset is always looking to improve the quality of products, services and processes. On the other end of the spectrum, an innovative mindset issues mandates for new and better ways to do business.
05/27/2021 01:14 PM
How Can Growth Mindset Lead to Success?
How do people create and grow a mindset strategy? Here are some practical tips that will show you exactly how to get started.
05/07/2021 09:30 AM
Why Becoming an Author Boosts Credibility
When you author a book that is well received by your audience, it's really an automatic boost to your credibility. The book gets press, which means you get press, and the snowball effect happens.
05/04/2021 10:31 AM
Online Working Capital - Fast But Expensive
Small business owners often need working capital to cover expense incurred to make or create their product or service before payment comes in. Banks are loath to lend to small business owners especially the small amounts that the business owners usually need. Many online working capital lenders have been created to serve this underserved market.
04/26/2021 08:41 AM
When Impatience Can Lead to Business Success... Or Failure
As an entrepreneur, have you ever asked yourself "Why am I not reaching the level of success I was promised?". It could be because a lot of entrepreneurs fall victim to impatience to succeed.
04/20/2021 11:35 AM
What Is the Best Online Business You Can Start?
Starting an online business is a great way to create a lifestyle that you enjoy living. But, you must be realistic as you develop your business.
04/11/2021 02:42 PM
Looking to Build Your Network? Please Avoid This 1 Mistake
Networking isn't just about meeting new individuals. It's also about you maintain connections. Ignoring the current connections of your professional network because you're excessively focused on development is a big blunder. Don't just consider about meeting and getting to know new professional contacts. Don't fail to remember to keep up with the people you by now know.
04/11/2021 02:39 PM
How to Face Your Fears and Get More Business Leads
What fear do you have lurking inside of you, preventing you from enjoying life, or creating a successful business for that matter? When it comes to our business, fear can definitely stop us in our tracks, preventing us from moving forward and achieving our goals.
04/06/2021 11:39 AM
A Realistic View of Being Self-Employed
If you are thinking about becoming an entrepreneur, you'll want to know all about your field, your products and your customers... but you'll NEED to know about running a business. It is important for business owners to realize all the hidden areas that eat up a surprising amount of time and energy behind the scenes in running a business.
04/06/2021 11:33 AM
Business in a Slump? 13 Ways to Get Your Motivation Back
Truth be told, it's a fact of life for every entrepreneur and business owner... we are going to get into a rut every once in a while. We're human after all! The good news is that this slump can be very temporary... if you choose it to be. Here is a list of things you can explore the next time you feel this lack of motivation sweep over you.

home | site map | contact us