Weekend Confession – Plenty of opportunities

Written by Terence Chang on December 19th, 2009

In the past few days, there are few very exciting news to me. First of all, I am a big fan of Yelp.com, which is the number 1 local business review site. Recent news shows Google is thinking to acquire Yelp.com for $500 million dollars. Google is on their way to become the #1 source of everything local.

The second thing that excites me is the success of Groupon, which is very success in less than a year. Groupon is a web site that offer great daily deals in many cities. It’s all about group buying power locally.

So what does those news mean to me? What am I so exciting about?

There is plenty opportunities!

After receiving many complaints from local business owners who have tried Groupon. I know there is a lot of room for me to create something better. Opportunities is out there for me to grab. The good news is that I already built the foundation. I just need to find the right way to make a difference.

There is one common things that Groupon and Yelp have. User Engagement. Without the user engagement, there won’t be demand. Without the demand, nothing will sell.

 

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