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Ability to create micro income opportunities


Siddharth Sethi

February 24, 2009

I have this belief that social networks, mobile technology and the sheer number of mobile phone users out there, amongst all strata of society, can make micro income opportunities a huge reality in the near future.

Micro income or micro businesses could be created using the above ingredients. These businesses could spawn threads amongst users that exchange products and services based on location, instantaneous availability, pricing and so on.

These ideas might sound vague for now – because they are. I am just thinking out aloud. Through this blog, I want to put these ideas out there and want to know if others are also thinking in similar directions. 99.9% of the time, people have already thought what I am thinking and this should not be any different.

I will be definitely thinking more on this and would post more as ideas concertize. Would love to hear from all of you, in the meantime.

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