A prime example of someone who utilized an internet marketplace to its fullest advantage is Tony Roeder of Redwagons.com. Selling familiar childhood toy, Radio Flyer red wagons, Roeder launched his company in 1998 in an online store format with Yahoo! With little technical experience, Roeder snapped up an opportunity when he discovered Radio Flyer does not sell their products on internet. After speaking with an employee in sales department, Roeder began to develop his brainchild and transferred it to an unfamiliar forum—the World Wide Web. Dealing with a uncooperative web designers and technical issues, Roeder is a prime example for entrepreneurs everywhere. Regardless what bumps may occur in your road to entrepreneurship, keeping a positive and tenacious attitude will prove to be a great benefit. Starting with only $4,000, Roeder proves you can develop a successful online business without a great deal of money up front. By using a popular website such as Yahoo!, Roeder was able to tap into their wealth of customers. Additionally, Roeder was marketing on name and reputation of Yahoo!, so individuals hesitant to purchase over internet were reassured with name and status behind website.

Regardless who you choose to model your own internet business after, main theme between these creative young entrepreneurs is their dedication and commitment. All entrepreneurs hit a snag in some way, shape, or form, but it is certainly not end of your business. Triumphing over adversity is true entrepreneurial spirit, and soon your business story will be amidst other success stories.

Saving Time Equals Saving Money

It's not just travel delays that waste time and costs money. Time is spent organizing meetings and getting busy colleagues together in same place on same day can be a complicated task. Someone within your organization is having to spend time pulling it all together. This is time that could be better spent generating sales and income for your business.

Web conferencing allows your workforce to work smarter. With web conferencing, a meeting that before may have taken a member of staff out office for several days, can be concluded in a matter of hour, freeing up extra time. A few extra hours in week to get job done is something most employees would appreciate.

Work Smarter And Reduce Costs

Document sharing is one of many facilities available through web conferencing. Documents can be viewed simultaneously by individuals, regardless of where they are located. Projects can be completed more quickly and more accurately. Documents can be updated in real time and colleagues can edit them together. In absence of web conferencing, this form of collaboration would require an element of travel, costing business time and money.

There is a personal upside for employees who have their business travel reduced, too. Less time spent traveling for work means they have more time at home with their families and staff who are happier in their home lives are likely to be more productive during their working hours.