Just have to be amused by the different terminologies, such as Web 2.0. Who decides when this stuff gets named anyhow?

Just as with the original web bubble, many Web 2.0 companies are starting to realize that they need to bring in some real money if they want to grow, according to a report in BusinessWeek.

No, really??

I guess some people didn’t learn the first time around. There are sites out there offering services of all sorts, but just don’t have the funding to grow as they’d like. Many of them really need to be of a much larger scale to turn a decent profit, but can’t grow fast enough because they don’t have the money.

As a home business, I sympathize. I know if I had the money to hire people to help, I could get through all the ideas I have for my sites. Without that I have to rely on my ability to work on a broad range of topics, promoting my sites and working hard, while taking care of my home and family. It’s tough.

Just to give you an idea as to how expensive it can be to develop a really popular online service, consider this example from the article:

FeedBurner Inc., which helps publishers distribute and make money from blogs, has spent nearly 20% of its $10 million in funding on upgrading data centers.

That’s a pretty hefty chunk of change, wouldn’t you say?

I don’t mean to grow that way, but I would like to grow my business. For me that means spending more time and figuring out what I can afford to outsource to someone else. I already did that with directory submissions and article submissions. It’s a real delight to not have to take care of those anymore.

Do you hire anyone to help you with your business? What has been the most helpful?

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