There are many kinds of technology developments and technology innovations that have helped to alter the way the business world operates. Some of these same technology developments and innovations have made an awesome impact on the way many people go about what they do on a daily basis. While there are a variety of technology products and services that can be pointed to related to having a major impact, one of the most innovative and most important in many ways in e-commerce.
The very nature of what business is and how it is conducted changed with the development of ecommerce. Even in its most primitive stages, ecommerce took the business world from a physical arena to a digital arena. The ability to be able to make purchases on the Internet changed the business world in many ways. One of the main ways that it changed the business world is that it made the world smaller. With ecommerce, geographic location was not a major issue in the business world anymore. Companies anywhere in the world could compete for business with another company.
Also, the size of companies became less of an issue. Smaller companies could compete with larger companies on the Internet through the use of company websites. Ecommerce leveled the playing field in many aspects for small businesses. The start of ecommerce had an impact that helped to change how the business world was viewed inside and outside of the business world.
A major shift in the business world concerned entrepreneurs. The way that most entrepreneurs got into owning a company was through the process of opening a brick and mortar company. This process was often long, complicated, and expensive. The technology innovations that lead to the development of ecommerce allowed many entrepreneurs to focus on a new form of entrepreneurship called the digital entrepreneur.
The focus of the digital entrepreneur is on starting digital companies, which in many ways is easier to start than brick and mortar companies. However, there are significant differences between traditional businesses and digital businesses. Most digital entrepreneurs need some guidance and help regarding starting digital companies.
A company that is helping many digital entrepreneurs learn how to start digital companies successfully is the Swiss Startup Factory. A principal in the Swiss Startup Factory who is one of the original founders of the company is Mike Baur. A banking industry veteran with over 20 years of banking experience, Mike Baur has a solid understanding of how to get digital companies started and what it takes to run a successful digital company.
At the Swiss Startup Factory, Mike Baur is a focal point in the development of the various training, mentoring, and consulting facets of the company. Digital entrepreneurs come to the Swiss Startup Factory for the expertise and knowledge that they need to be able to start and run successful digital companies.