| Businesses nowadays are now aware of the power | | | | products or services. But the big difference for both to |
| of the internet. Who would think decades ago that | | | | succeed is: |
| Yahoo, Google, Ebay or Amazon will became large | | | | Brick and Mortar -> Need Good Location |
| corporations today? Twenty years ago no one would | | | | Online Business -> Need Good Information |
| imagine that this would happen. Now even here in the | | | | Why did I say that? simple. A brick and mortar |
| Philippines there are some online entrepreneur from | | | | business should have a good location, for example, in a |
| rags to riches made his way to success. So what is | | | | place where many people pass by like in a commercial |
| the most important thing to start a business? Is setting | | | | place. A school perhaps. If you will build a store away |
| up a brick and mortar (this is a physical business like a | | | | from the crowd, no one or very few will have a |
| grocery store for example ) comparable to an online | | | | chance to go to your store. Very few people will |
| business? It has similarities in some ways like both sell | | | | know that your store exist. |