The Book Mann

Making Your Fortune on the Internet

By: Richard O. Mann

If you’ve been around the Internet much this last year or two, you’ll recall the furor that followed the seemingly innocent act of two immigration lawyers in Phoenix. Virtually every newspaper in the country followed the story—the repercussions continue to reverberate today. Laurence Canter and Martha Siegel manually posted a short message offering information on the government’s annual green card lottery to Internet Usenet newsgroups they thought immigrants might read. It worked so well that they expanded their postings to every newsgroup they could reach—approximately 6,000 discussion groups.

Thus was born the distasteful (to many) practice of "spamming," as the world of business hit the Internet in a big way. Canter and Siegel present their side of the story in a briefly best-selling book, How To Make a FORTUNE on the Information Superhighway (HarperPerennial, $13). Canter says the overwhelming response of hate mail, phone calls, and faxed complaints was certainly uncalled for over a "small commercial posting on a public electronic bulletin board." I’d liken it more to walking through every publicly-owned facility in town, interrupting every meeting in progress to read a totally unrelated ad. It’s irritating, rude, and pointless, and it amazes me that Canter can’t understand that. Nevertheless, the book provides a fascinating account of "the green card incident," followed by a mixed bag of advice on setting up a net-aware business. Some advice is valid, the rest will earn you nothing while making you an object of worldwide disdain.

Business on the Internet

Now, two years later, business has a strong place on the Net that is both appropriate and useful. Businesses (or users of their products) can set up their own Usenet discussion groups where all who are interested participate. The primary home of commerce on the Net, however, is the World Wide Web (WWW or "the Web"). Most major companies have a Web site (or "home page"); Web addresses even appear in TV, radio, and other advertising media. Business on the Web is now routine as major corporations provide sales and product information and thousands of home-based businesses offer their services to any and all.

If you’re interested in doing business on the Net, whether it’s helping write a résumé from your basement office or offering product information for a Fortune 500 company, you need to know a set of basic principles and techniques. Luckily, there’s no shortage of information on the subject. A quick search of bookstores and publishers’ Web sites found more than two dozen interesting books on Net business and marketing techniques.

Getting Your Feet Wet

The first order of business is to learn about the Internet from a business perspective. A good starting point is A Small Business Guide to Doing Big Business on the Internet by Brian Hurley and Peter Birkwood (Self-Counsel Press, $14.95). Not as thick as the rest of the books mentioned here, this book is deceptive—it provides nearly as much raw information as the others, but does it quickly. It offers nuts-and-bolts practical advice and techniques, along with concrete statistics and examples whenever appropriate. The book is also the most up-to-date in the bunch—an important consideration when the Net changes drastically in just months. Recommended.

Getting Down to Brass Tacks

You’ll get more detail from Rosalind Resnick and Dave Taylor’s The Internet Business Guide, Second Edition (Sams.net, $25). Because both authors make their living from Internet-based businesses, they write from a rich fund of experience. The coverage here is detailed, with plentiful screen shots. The clear, personal, and logical writing style includes enough real-life examples to keep it interesting—or even fascinating. Over 50 pages at the back of the book list Internet providers and other tabular data. Written in early 1995, the lists are dated and undoubtedly inaccurate. (An up-to-the-minute directory is available at http://www.meckler.com and other places on the Net.) Throughout the book, Resnick and Taylor inject periodic reality checks, emphasizing the high risk of failure and that few of even the popular sites actually make money. For a healthy dose of reality along with your Web knowledge, this is your book. Recommended.

Another gem is Jill H. Ellsworth and Matthew V. Ellsworth’s The New Internet Business Book (John Wiley & Sons, $24.95). It covers the same bases as the others, but does it with calm authority and accuracy. It reflects current reality by emphasizing the Web’s importance immediately; some of the others take forever to get to the Web. It’s more up to date than Resnick & Taylor, which makes its numerous tables, appendices, and listings more accurate. You can’t go wrong with this one.

The Internet Business Companion: Growing Your Business in the Electronic Age by David Angell and Brent Heslop (Addison Wesley, $19.95) features a section on how to prepare an Internet Business Plan—it alone is worth the price of admission. The writing is not flashy (or funny), but communicates effectively—in spite of occasional bouts of jargon and rampant acronym disease, which are guaranteed to bog you down. Directories and listings occupy a surprisingly large number of pages in this thin volume. It’s a good overview, but doesn’t provide much depth.

Internet Marketing 101

Once you’re in business, you need to "create a presence on the Web," as the marketers say. Online Marketing Handbook, by Daniel S. Janal (Van Nostrand Reinhold, $24.95), clearly the best of the books here, takes a hard-nosed, no-nonsense look at what you need to do to publicize your Web site and sell your product or services. Janal is direct and to the point, uses frequent real-world examples (including a healthy dose of businesses that failed), and presents the information in digestible chunks. It feels as if you’re in a seminar taught by a master teacher who is also a master marketer. Published in early 1995, however, it’s ready for an update.
Michael Mathiesen’s Marketing on the Internet (Maximum Press, $39.95) includes a nifty 12-step program for online marketing that neatly summarizes the marketing advice contained in all of these books. It includes extensive listings and directories and gives you a Spry Mosaic Web Browser on diskette.

Learning by Example: Business Directories

Bruce Johnson’s NetMarketing: How Your Business Can Profit from the Online Revolution (Wolff New Media, $22) briefly explains Net marketing principles, then moves to a large directory listing business Web sites, along with notes about each. The directory can be useful to see what business really does on the Web, but the marketing information is only an overview at best.

A more useful directory of Internet business is Ryan Bernard’s excellent Internet Business 500 (Ventana, $39.95). Bernard includes the book’s entire text in Web format on a CD which you can update at your convenience over the Internet. (After three months, you’ll need to subscribe to obtain further updates.) Even if you aren’t going into business on the Net, browsing through these sites is an educational blast.
Actually Doing It

When it’s time to actually set up your Web site, David Cook and Deborah Seller’s Launching a Business on the Web (Que, $39.99) will guide you through the maze of decisions and plans required to get going, always with an eye to creating a successful business rather than just a spiffy display of Web technology.
Adam Blum takes a different approach in his Building Business Web Sites (MIS:Press, $39.95). After 57 pages introducing Web business practices, the rest of the book is a bit-twiddler’s guide to HTML, CGI, and Perl (programming languages for the Web). The included CD provides HTML authoring tools and other programs for actually writing the Web site program.

A good solution might be the Coriolis Group’s The All-in-One Internet Business Success Pack, which includes both a grundle of necessary software authoring tools and other programs necessary to set up a Web site. Two useful books are also in the box: How To Grow Your Business on the Internet and Web Publisher’s Design Guide. Both are also available separately in bookstores.

The Tao of Web Businesses

The 10 Secrets for Web Success: What It Takes to Do Your Site Right by Bryan Pfaffenberger and David Wall (Ventana, $19.95) breaks new ground by identifying ten of the best business Web sites and interviewing their creators. From the interviews, which compose the first half of the book, the authors extracted ten secrets which underlie the remarkable success of Web businesses such as Yahoo, DejaNews, and StockMaster. It was hard to put this one down long enough to write this review. If you’re serious about the working on the Web, you need to read this book.

Richard Mann, a popular freelance writer, has published over 400 articles in dozens of national computer magazines over the last six years. Contact him at 74774.3234@compuserve.com or RichMann2@aol.com


Richard O. Mann, CPA, is a contributing editor here and at PC Laptop Computers Magazine; his articles appear regularly in many national PC publications. An accountant and auditor by day, Rich sheds that stern visage to become the Book Mann by night. Read any good computer books lately? Rich would love to hear about them for possible future Books of the Month. Contact him at RichMann@unforgettable.com.


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