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A View to a Killer Business Model

In the last three years, Web 2.0 technologies have brought innovations to the entrepreneurial and small business markets that have enabled creativity, productivity, growth opportunities, and, yes, fun. We’ve watched as Facebook morphed from an Ivy League hangout into a social networking site with growing business functionality; and we’ve seen burgeoning business moguls take advantage of audio tools to launch radio shows that complement their businesses. No question, then, Web 2.0 is moving fast. So what’s the next step? Well, if you’ve passed around or commented on any of the thousands of user-generated videos online, then you might have an inkling.

Hide & Seek

“Cash is always king,” says entrepreneur Robert L. Wallace. “If you have cash, it doesn’t matter what is happening in the economy or in the industry, you’ll still be able to weather the storm.”

Failing Forward

Every recession has its casualties. But if the story of Newark, New Jersey-based BCT Partners (www.bctpartners.com) is any indication, the collapse of a company can also spark something greater.

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