Have you ever wondered what it would feel like to have your very own social network. I imagine it would work something like this………..

Have you ever wondered what it would feel like to have your very own social network? We could do something like this………..

The first thing we would do is to establish a niche, we must give a product away that everybody would need and it has to be free.

Many of us has the mindset that nothing in life is for free but that is not true. Think about the internet, it is free. Sure, we pay for our internet enabled hardware, we then choose our service provider and connect to the internet for a small monthly fee. Once one is on the internet you are free to create a profile for yourself, you get  a free email address and you get a free Google+ account. Then you and another one billion people join Facebook for free. Some use Twitter and others use LinkedIn while many of us watch movies on YouTube. The new kid on the blog YOBSN is fast becoming the latest internet must have. All these wonderful technology companies give their services away for free and yet they generate their owners billions of dollars. Social media advertising is generating huge amounts of money, ask the owner of Facebook how 9 billion US dollars suits him.

Most of the money generated by Social Media Networks is derived from selling advertising space. The money is in the list, just ask the declining print and news agencies who for years made enormous amounts of money by selling advertising packages to their readers. We all were glued to our TV sets for the past 4 decades because that was the only way to see the world from the comfort of your home. Only ten years ago the internet became a reality for every person in the world. With the current smartphone technology it is predicted that more than 2 billion new people will have access to the internet. That means that social media will become more popular and the revenue generated from advertising be in the trillions of dollars.

Does that then once again only give only a select few the opportunity to generate massive wealth from internet advertising?

The average person does not have the skill or technical know-how to set up their own social network. Let us assume that one could build a social media platform. Would it not be wonderful to create a social community where privacy is most valued and no spam would be tolerated. I would offer my members quality free education like these…………………..

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