Karen E. Klein of Business Week tells the story of Muhammad Hassaan Khan, from Pakistan. He’s a 19-year old business student who’s started his own business. Although political upheaval is evident in his country, he sees positive changes thanks to the accessibility of business opportunities through the Internet:
Perhaps no trend in technology exemplifies this movement like Internet fax. Entrepreneurs can start their small businesses without the need for expensive office equipment. Many a small business is run on a computer that sits on your lap. A company can choose to be paperless, running everything electronically.
This gives a huge advantage to the smart young business minds, regardless of their location and regardless of their circumstances. Most people in the world can acquire a computer and they can acquire access to the Internet. And if you’ve got those two tools, you can be in business in many industries.
I can’t help but think it will be better for the world having more competition from small and ambitious business owners. Products will be better and services will be better as everyone is trying to compete.
Relevant Tags:business competition, business owners, Internet Fax, small businesses