This is the Information age and the Information is the New Asset Class. Many intelligent Entrepreneurs around this world consider Information as a Commodity Now.
Yes…. Information is the Commodity. You read this Article. The Information in this Article is useful for literally millions of people around this world. Of course, everybody can’t understand & implement the Information in this article but it is useful to literally many people in this world.
And thus, it is the Commodity. Information is exactly like any other commodity such as Cotton, Sugar, Metals, Agro products….etc…. The only thing is that, You can not see the Information. You can not touch the Information. But if you develop a perfect Business Model than you can Sell this Information and make literally Billions of Dollars out of this Information.
Say for Example – Google. Google has commoditized the Information on the web. Google searches and maintains its own Index of Information and make money by Advertising of this Information. Google has developed 2 amazing Advertising programs to generate Money (Income) from its Information Portfolio – AdWords & AdSense. Last year (2008), Google has made US $ 20 Billion from its Index. And that’s a huge Revenue.
Another Example is This Blog. “My Journey To Billionaire Club” contains Information about Money, Finance, Business, Investments & Entrepreneurship. The Blog Archive of this Blog is the Portfolio is Timeless articles about Money & Finance. The Information given in the Articles of this Blog is useful to literally Millions of People. And this Information is an Asset/Commodity.
Right now this Blog contains 1500+ articles when I am writing this article. And I am making US $ 30-50 per month from 1500 articles by Google AdSense. Now just think that, How much I can earn if the Information Portfolio of this Blog is of 1 Million Articles…..????
And What if I grow this Portfolio to 10 Million Articles…???
This is a matter of Imagination….. In short, Information is the Commodity. And in the Information age, More Information you have, the more Rich you can be. So Think of starting your Business of selling Information….. Believe Me…. There are lots of Opportunities in the Information Age…!!!
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