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Internet-based businesses are the economy of the future

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Posted: Monday, June 18, 2012 12:00 am | Updated: 6:26 am, Mon Jun 18, 2012.

I'd like to make a few comments about Matt Wilson's recent article concerning the current student loan-payment loop suspending loan repayment as long as the debtor remains a student. May I offer a solution to this problem?

Historical "Manufacturing to Shipping to Wholesaling to Display Retailing to Shopping Consumer to Consumer's Home" models are currently undergoing drastic changes; many jobs have, are, and will be disappearing in the next few years. Superstores like Walmart have already diminished wholesaling drastically.

The future appears to be a "Consumer Shopping by Internet, or Catalog, Directly from a Manufacturer that Drop-Ships Directly Aack to the Consumer's Home" model, which greatly reduces retail costs as well as advertising methods and their costs.

This is the world in which Mr. Wilson is looking for a job. Rather, he should, in my opinion, consider setting up his own personal independent one-person Internet sales business and be shopping for the best product source manufacturer sales contract he can find. Then he can keep his current job and gradually work part-time on his own business to pay off his student loans.

This way he can expect to outgrow his limited 40-hour job income and build up his unlimited home business income to six figures, or more, if he likes. This is what opportunity looks like. First, it's up to the individual to recognize it, then to have the skills and energy to make it work, and finally to have the courage to make it successful.

Jack Paden

Lodi

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