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Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.

When you are just starting out with an online business, there's a good chance that you'll be making several mistakes. Because of the mistakes that can be made with starting an online business, many people decide to quit or think that online businesses are just a scam.

A very large percentage of economic activity is shifting online and it makes sense that there are more services that are going to charge. It also means there are going to be more people willing to pay.

Online business models are still evolving. New and different products and services pop up every day. This gives rise to supporting products and services. A business can make substantial profit by helping others execute their plans for making money.

The investment we're all looking for is actually saving labor... Look at what the internet is doing to retail.

The beauty of the Internet is there's a niche market for everything, and if you can focus on it, you can build a sustainable and viable business of it.

I have been quoted saying that, in the future, all companies will be Internet companies. I still believe that. More than ever, really.

Nobody's profitable at this moment, because recession is on; advertising dollars are down, and expenses are way up. So that kind of belies the situation that you would expect, because the ratings are way up everywhere.

It's a lot easier to gain traction when there is such a great proliferation of Internet access. The velocity at which some of these startups are gaining traction is mind-boggling. Companies like ShoeDazzle, Stella & Dot, Gilt, Groupon - these companies are going from zero to hundreds of millions in revenue in three years.

When online business first appeared, a lot of operations would take your order and then disappear.