An information business is one where you are compensated for sharing your expert knowledge and experience through various means such as consulting, training, coaching, writing, entertaining etc. You are compensated by the hour.
An online information business is the delivery of this expertise through the web, using new media such as video, eLearning, collaboration forums, books, consulting, webinars etc.
An online businesses can be scaleable and can reach more customers.
The new challenge for a consultant is to leverage his or her specialised knowledge in a world now totally flooded with information.
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