iamned.com

The next facebook is facebook

What is the next Myspace? what is the next digg? what is the Next facebook? answer: myspace, digg, facebook. There is no room for any more competitors. If you visit any forum or read internet related news you will see entrepreneurs trying to compete with the extablished social networking sites like Digg,, Youtube, Facebook, and Myspace. They spend thousands of dollars on scripts and coders trying to get their foot in the social netwroking web 2.0 scene TO NO AVAIL.

THE BATTLE LINES HAVE BEEN DRAWN. The victors gull the spoils. there is no room for a next myspace or a next digg. Such efforts are futile. First mover advantage is SO strong that even comanies with MILLIONS of dollars in promotional efforts and media coverage can barely make a dent.

Consider Google and yahoo. They control 90 percent of ALL internet search. #3 and $3 are microsoft and ASK. yes, even microsoft a 300 BILLION dollar company can only scrape 3% marketshare an Ask.com which has been around for oever adecade with hundreds of millions in marketing can only get 2% of all search engine based marketshare. Google and yahoo dominate search and it will remain that way FOREVER.

Trying to compete with myspace, digg, facebook, and youtube is like trying to compete with General Motors in 1930 or Microsoft in 1987. Not gonna happen. Linux and Apple only commands a tiny fraction of marketshare. here is another statistic. Myspace, myyearbook and Facebook combined control 95% of ALL social networking traffic. All those hundreds of other sites only have a tiny tiny fraction of marketshare. yet those sites were created with MILLIONs of dollars of funding. You think the founders will see a possitive ROI? Fat chance. I woudn’t be surprised if most of them go bust in the comin year.
Nevertheless, this doesn’t stop many entrepeneurs from flushing thousands or even millions of dollars down the toilet in a vein effort to compete with these established sites. My advice. Stop trying to