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	<title>DaveWitwicki.com &#187; Business</title>
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		<title>Building Wealth</title>
		<link>http://davewitwicki.com/blog/2007/09/01/building-wealth/</link>
		<comments>http://davewitwicki.com/blog/2007/09/01/building-wealth/#comments</comments>
		<pubDate>Sat, 01 Sep 2007 16:41:17 +0000</pubDate>
		<dc:creator>DaveWitwicki</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Wealth]]></category>

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		<description><![CDATA[Somewhere along the way I decided that I want to be wealthy. I get paid decently by my employer but, in reading various personal finance books, I realized that its going to take me a long time to get wealthy if I rely solely on my employment income. In the books I&#8217;ve read, there seems [...]]]></description>
			<content:encoded><![CDATA[<p>Somewhere along the way I decided that I want to be wealthy. I get paid decently by my employer but, in reading various personal finance books, I realized that its going to take me a long time to get wealthy if I rely solely on my employment income. In the books I&#8217;ve read, there seems to be three ways to generate wealth outside of regular employment: real estate, investments and business. Some sources separate internet from business, but I feel that this distinction is not necessary since the internet is so pervasive in our lives these days. It would be hard to run a business of any sort without using the internet in some capacity.</p>
<p>Since I work in IT, it seems natural to first consider business and, specifically, some sort of internet-enabled business. I&#8217;ve spent a long time trying to think of the &#8220;next big thing&#8221; and I finally realized that even if I had the perfect idea, I don&#8217;t have the necessary skills to make it happen in a timely matter. This realization has caused me to go ahead and just do <strong>something</strong> to get started and gain the skills. As part of that something, I had to learn about hosting and how it works and I felt this was a good opportunity to start blogging again, so here I am.</p>
<p>In the coming weeks, I will be creating a video tutorial site for non-technical users. There are a few such sites out there, some require subscriptions, some allow donations and some have ads. My plan is to provide the tutorials for free and have ads to generate income. Will this work? I don&#8217;t know, my general feeling is that people don&#8217;t click on ads but there seems to be evidence to the contrary all over the place. I am targeting non-technical users because I suspect that its only technical users who don&#8217;t click ads. I recently came across an <a href="http://destraynor.com/serendipity/index.php?/archives/120-Changing-the-World,-on-9-a-day.html" title="Changing the World on 9 bucks a day" target="_blank">article by Des Traynor </a>which came to the same conclusion (and he said it much better than I ever could). Whether it works or not, this will be a good learning experience and the cost to try is low. I&#8217;ll attempt to chronicle the more interesting points of this journey here (along with all my other ramblings).</p>
<p>- Dave</p>
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