John Bonaccorso: Inside 9thX.com

wow what a great concept

I found this interview very interesting. The specific part that was most intriguing was raising money for the new corporation. I found it very interesting that John Bonaccorso recommended reaching out towards the family members and bring them into the development of the new business. It is often that family ties and close relationships can be affected because of the success or lack of success within a company. Not only can the financial and emotional attachment put strain on the business and friendships, but also even if the company does not last forever, the damage may stay forever. As stated in the interview “they will remember it for the rest of your life”. Because John had previous experiences with venture capital companies it seemed that he was gradually growing through his experience. I am just now being introduced into the Entrepreneur world and I have found that this is one of the best ways to survive in it. Being able to earn millions of dollars for these organizations has put John in the position that he is able to earn more and more money by using his past experiences. It is clear that John must have great knowledge on the potential of businesses and I will apply this to my future endeavors. Investing in a company such as Apple Co in the early stages and still struggling demonstrates his keen sense of recognizing potential, which I hope to grow and develop. In order to be an entrepreneur this trait will allow me to strive above those who cannot recognize what a person or corporation is capable of. I like that John has also considered the advancement in technology and selling habits on the Internet and has created this new website that combines all of it. John has the capability to set a path to new ways of selling, reselling, and creating products for purchase. Protecting those who are selling and buying online is a system that will always be needed as long as there is an Internet. The explanation of how the costs of the Internet also touch on certain points that I was not aware of. Though I am aware that the Internet is not free, the cost breakdown is a topic I am not very educated on. The digital rights management is something that I did not know much about and clearly there are not many available (only a dozen available in the past). This shows that not everything on the Internet can be free. I thought that the brief elevator pitch was the most informative. The quick over view of the company within only a few minutes gave me the full understanding of what was going on and then the previous interviews were more informative after listening to it.